NOT LISTED FOR SALE

Estimated Value: $408,000 - $435,000

-- Bed
-- Bath
1,298 Sq Ft
$325/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $265,000 $204 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,832/month

59 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • 3-minute walk to Lincoln Park
  • Fort Lauderdale High School Rated A
  • Central Heating

About This Home

As of January 2021

GREAT INVESTMENT PROPERTY! This is an excellent opportunity to purchase an income producing duplex!
2, updated 2 bedroom 1 bathroom units.

Last Agent to Sell the Property

Sharon Lewis

Inactive Member License #3344768 Listed on: 10/31/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,538

Year Built

  • Built in 1958

Lot Details

  • 5,009

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,298 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Cable TV Available

Community Details

  • 2 Units
  • Lincoln Park First Add Subdivision

Listing and Financial Details

  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 504204120932

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,538

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: 1701-1703 NW 7 COURT, FORT LAUDERDALE FL 33311
  • Year Built: 1958
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1298.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Sewer, Trash Collection, Water
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 504204120932
  • Zoning Description: RS-8

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2538.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2020
Closed on
Jan 28, 2021
Sold by
Padilla Carlos A Loaiza and Langevin Ryan
Bought by
Lopez Chalianna and Fatal Yair
Seller's Agent
Sharon Lewis
Inactive Member
List Price
$270,000
Sold Price
$265,000
Premium/Discount to List
-$5,000
-1.85%
Current Estimated Value
$422,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,252
Avg. Annual Appreciation
10.78%
Original Mortgage
$198,750
Outstanding Balance
$178,075
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$244,177

Purchase Details

Listed on
Dec 21, 2018
Closed on
Apr 26, 2019
Sold by
Harnandan Bisnauth B and Harnandan Indrowtie
Bought by
Langevin Katherine and Langevin Ryan
Seller's Agent
Eugene Petrino
Petrino Properties Inc
List Price
$190,000
Sold Price
$175,000
Premium/Discount to List
-$15,000
-7.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.59%
Original Mortgage
$171,830
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 2010
Sold by
Harnandan Somkar B
Bought by
Harnandan Bisnauth B and Harnandan Indrowtie

Purchase Details

Closed on
Mar 23, 2004
Sold by
Frontier Properties Llc
Bought by
Harnandan Indrowtie and Harnandan Bisnauth B

Purchase Details

Closed on
Feb 7, 2003
Sold by
Talshahar Rottem
Bought by
Frontier Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
5.95%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 5, 2001
Sold by
Angove Ralph and Angove Frances
Bought by
Tal Shahar Rottem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,300
Interest Rate
6.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lopez Chalianna $265,000 Olympia Title & Escrow
Langevin Katherine $175,000 Attorney
Harnandan Bisnauth B -- Attorney
Harnandan Indrowtie $103,500 Floridian Title Inc
Frontier Properties Llc $81,000 Esquire Title Inc
Tal Shahar Rottem $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Chalianna $198,750
Previous Owner Langevin Katherine $171,830
Previous Owner Frontier Properties Llc $81,000
Previous Owner Shahar Rotten Tal $50,300
Previous Owner Tal Shahar Rottem $50,300
Closed Tal Shahar Rottem $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $265,000 -1.9% $204 / Sq Ft
12/30/2020 12/30/20 Pending -- -- --
10/31/2020 10/31/20 For Sale $270,000 +54.3% $208 / Sq Ft
04/26/2019 04/26/19 Sold $175,000 -7.9% $135 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
12/21/2018 12/21/18 For Sale $190,000 -- $146 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,372 $295,390 -- --
2024 $5,819 $284,890 $15,000 $269,890
2023 $5,819 $244,130 $15,000 $229,130
2022 $5,663 $244,130 $15,000 $229,130
2021 $5,050 $194,600 $0 $0
2020 $4,385 $176,910 $15,000 $161,910
2019 $2,538 $134,840 $15,000 $119,840
2018 $2,508 $169,900 $15,000 $154,900
2017 $2,318 $70,260 $0 $0
2016 $2,216 $63,880 $0 $0
2015 $1,986 $58,080 $0 $0
2014 $1,856 $52,800 $0 $0
2013 -- $52,880 $15,000 $37,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10256151

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-04-12-0932