NOT LISTED FOR SALE

1731 NE 24th Ave Pompano Beach, FL 33062

Avalon Harbor Neighborhood

Estimated Value: $517,000 - $700,000

3 Beds
3 Baths
1,727 Sq Ft
$342/Sq Ft Est. Value

Last Sold March 10, 2020

Last sale price $370,000 $214 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,910/month

235 Days on Market

Highlights

  • Water Views
  • Tile Flooring
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window

About This Home

As of March 2020

Excellent investment opportunity. Triplex in very desirable area of Pompano Beach. One efficiency, one 1 bedroom/1 bathroom, one 2 bedroom/1 bathroom. Tile throughout all units, new AC's, new electrical panels, newer fridges, recently painted inside and out. Roof is only 2 years old. Desirable location, east of US1, across Pompano mall. Rents are underpriced at $950,$1100 and $1150 Coin laundry brings in $100-120 per month, $125 for water per month in total. Insurance is 3,800 per year, Electric is paid by tenants.

Last Agent to Sell the Property

Tinka Ellington

Compass Florida LLC License #3290973 Listed on: 06/20/2019

Compass Florida LLC

Last Buyer's Agent

Pinar Barut

Coral Shores Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,134

Year Built

  • Built in 1958

Lot Details

  • 6,360

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,727 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Water Views

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 4843 30 22 0060

Community Details

Overview

  • 3 Units
  • Cassoli Villas Subdivision

Building Details

  • Operating Expense $10,434
  • Net Operating Income $20,766

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,134

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: FROM I-95 TAKE EXIT 36 -ATLANTIC BLVD EAST - TURN LEFT ONTO US-1 - TURN RIGHT ONTO NE 18TH ST - TURN RIGHT ONTO NE 24TH AVE TO THE PROPERTY
  • Year Built: 1958
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1727.0

Exterior Features

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

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 4843 30 22 0060
  • Lot Size: < 1/4 Acre
  • Zoning Description: Multi

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 20766.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 10434.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6134.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2019
Closed on
Mar 10, 2020
Sold by
Toussaint Wandy
Bought by
Takase Izquierdo Aiko and Izquierdo Danny
Seller's Agent
Tinka Ellington
Compass Florida LLC
Buyer's Agent
Pinar Barut
Coral Shores Realty Inc
List Price
$475,000
Sold Price
$370,000
Premium/Discount to List
-$105,000
-22.11%
Current Estimated Value
$590,297

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,297
Avg. Annual Appreciation
8.88%
Original Mortgage
$277,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 30, 2015
Closed on
Jun 30, 2015
Sold by
Osterwise Merle Thomas and Osterwise Migueline C
Bought by
Toussaint Wandy
Seller's Agent
Thomas Osterwise
United Realty Group Inc.
Buyer's Agent
Thomas Osterwise
United Realty Group Inc.
List Price
$240,000
Sold Price
$230
Premium/Discount to List
-$239,770
-99.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
394.36%
Original Mortgage
$225,834
Interest Rate
3.89%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 3, 2009
Sold by
Wells Fargo Bank Na
Bought by
Osterwise Merle Thomas and Osterwise Migueline C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,250
Interest Rate
5.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 2009
Sold by
Charfen Alexander John and Charfen Cadey
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 4, 2004
Sold by
Drumm Bruce R
Bought by
Charfen Alexander John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,100
Interest Rate
6.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 19, 1997
Sold by
Avant Todd A Ana Julie T
Bought by
Drumm Bruce R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
7.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 1994
Sold by
Harbaugh George H and Ransom Gladys I
Bought by
Avant Todd A and Avant Julie T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,612
Interest Rate
8.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 1981
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Takase Izquierdo Aiko $370,000 None Available
Toussaint Wandy $230,000 Us Title & Escrow Inc
Osterwise Merle Thomas $155,000 Buyers Title Inc
Wells Fargo Bank Na -- Attorney
Charfen Alexander John $289,000 First American Title Ins Co
Drumm Bruce R $110,000 --
Avant Todd A $87,000 --
Available Not $6,428 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Takass Izquierdo Aiko $272,000
Closed Takase Izquierdo Aiko $277,500
Previous Owner Toussaint Wandy $225,834
Previous Owner Osterwise Merle Thomas $101,250
Previous Owner Charfen Alexander John $280,000
Previous Owner Charfen Alexander John $260,100
Previous Owner Drumm Bruce R $128,500
Previous Owner Drumm Bruce R $24,500
Previous Owner Drumm Bruce R $99,000
Previous Owner Avant Todd A $87,612
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2020 03/10/20 Sold $370,000 -22.1% $214 / Sq Ft
02/09/2020 02/09/20 Pending -- -- --
06/18/2019 06/18/19 For Sale $475,000 +206421.7% $275 / Sq Ft
07/30/2015 07/30/15 Sold $230 -99.9% $0 / Sq Ft
06/30/2015 06/30/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $240,000 -- $142 / Sq Ft
Source: BeachesMLS

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 $8,319 $372,130 $57,390 $314,740
2024 $12,267 $357,360 $57,390 $299,970
2023 $12,267 $402,350 $57,390 $344,960
2022 $9,033 $402,350 $57,390 $344,960
2021 $8,603 $384,510 $57,390 $327,120
2020 $7,341 $342,060 $57,390 $284,670
2019 $6,691 $297,170 $57,390 $239,780
2018 $6,134 $286,600 $57,390 $229,210
2017 $5,375 $242,440 $0 $0
2016 $4,850 $220,400 $0 $0
2015 $2,906 $116,350 $0 $0
2014 $2,700 $105,780 $0 $0
2013 -- $96,850 $57,390 $39,460
Source: Public Records

Agents Affiliated with this Home

  • Tinka Ellington

    Seller's Agent in 2020

    Tinka Ellington

    Compass Florida LLC

    (954) 448-5226

    1 in this area

    95 Total Sales

    Tinka Ellington
    Section Image

  • P

    Buyer's Agent in 2020

    Pinar Barut

    Coral Shores Realty Inc

  • P

    Buyer's Agent in 2020

    Pinar Barut

    Joy Luck Realty Corp

    (954) 629-8870

    3 Total Sales

    Pinar Barut
    Section Image

  • T

    Seller's Agent in 2015

    Thomas Osterwise

    United Realty Group Inc.

See All Agents

Map

Source: BeachesMLS

MLS Number: R10539818

BeachesMLS

APN: 48-43-30-22-0060

Florida Broward County Pompano Beach 33062 Avalon Harbor

1731 NE 24th Ave, Pompano Beach, FL

This home is located at 1731 NE 24th Ave, Pompano Beach, FL 33062 since 20 June 2019 and is currently estimated at $590,297, approximately $341 per square foot. This property was built in 1958. 1731 NE 24th Ave is a home located in Broward County with nearby schools including Cresthaven Elementary School, Crystal Lake Middle School, and Deerfield Beach High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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