NOT LISTED FOR SALE

1740 SW 70th Way North Lauderdale, FL 33068

Estimated Value: $252,000 - $290,939

2 Beds
1 Bath
775 Sq Ft
$357/Sq Ft Est. Value

Last Sold January 24, 2013

Last sale price $21,000 $27 Per Sq Ft

Est. 1,162% increase in value since last sale

Current estimated payment $1,831/month

5 Days on Market

Highlights

  • Newly Remodeled
  • Garden View
  • Patio
  • Main Floor Bedroom
  • No HOA
  • West Facing Home

About This Home

As of January 2013

This property has tremendous upside in a high rental income area. This is a 1/2 duplex that is being sold beneath cost due to vandalism and fire. This property is under the Freddie Mac first look program as investor offers will not be considered until 1 1-07. Present your clients Highest and Best offer.

Last Agent to Sell the Property

Allen Colp

MMLS Assoc.-Inactive Member License #3248916 Listed on: 10/23/2012

Last Buyer's Agent

Allen Colp

MMLS Assoc.-Inactive Member License #3248916 Listed on: 10/23/2012

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970 | Newly Remodeled

Lot Details

  • 8.84 Acre Lot
  • West Facing Home

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 775 Sq Ft Home
  • Garden Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • Springbank Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494112250760

Home Details

Home Type

Single Family

Year Built

Built in 1970 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Half Duplex
  • Directions: BAILEY ROAD WEST OF 441 TO SW 68TH AVE NORTH TO SW 20TH STREET WEST 70TH WAY NORTH TO PROPERTY ON THE RIGHT HAND SIDE.
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: SPRINGBANK PARK
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 775
  • Other Equipment: No Equipment
  • Possible Use: Investment
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Other

Exterior Features

  • Roof: Other
  • View: Garden
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: SPRINGBANK PARK
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494112250760
  • Lot Size Sq Ft: 385000
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2012
Closed on
Jan 22, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Alchihabi Mnaser
Seller's Agent
Allen Colp
MMLS Assoc.-Inactive Member
Buyer's Agent
Allen Colp
MMLS Assoc.-Inactive Member
List Price
$19,900
Sold Price
$21,000
Premium/Discount to List
$1,100
5.53%
Current Estimated Value
$265,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,000
Avg. Annual Appreciation
22.88%

Purchase Details

Closed on
Nov 1, 2012
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 19, 2012
Sold by
Florida Power & Light Co and Fontana John V
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Aug 1, 1990
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
Alchihabi Mnaser $20,100 None Available
Federal Home Loan Mortgage Corporation -- New House Title Llc
Jpmorgan Chase Bank National Association -- None Available
Available Not $29,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alchihabi Mnaser $66,500
Previous Owner Fontana John $57,000
Previous Owner Fontana John $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2013 01/24/13 Sold $21,000 +5.5% $27 / Sq Ft
10/29/2012 10/29/12 Pending -- -- --
10/23/2012 10/23/12 For Sale $19,900 -- $26 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $4,369 $134,550 -- --
2024 $4,020 $134,550 -- --
2023 $4,020 $110,960 $0 $0
2022 $3,378 $100,880 $0 $0
2021 $3,286 $91,710 $0 $0
2020 $2,761 $140,090 $15,400 $124,690
2019 $2,360 $94,630 $11,550 $83,080
2018 $2,108 $84,300 $11,550 $72,750
2017 $1,904 $62,650 $0 $0
2016 $1,819 $56,960 $0 $0
2015 $1,660 $51,790 $0 $0
2014 $1,518 $47,090 $0 $0
2013 -- $44,810 $10,590 $34,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1705017

MIAMI REALTORS® MLS

APN: 49-41-12-25-0760