NOT LISTED FOR SALE

178 NE 5th Ave Unit 178 & 184 Deerfield Beach, FL 33441

Estimated Value: $434,855 - $801,000

4 Beds
2 Baths
2,295 Sq Ft
$259/Sq Ft Est. Value

Last Sold August 20, 2018

Last sale price $290,000 $126 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $4,109/month

41 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Fenced
  • Awning
  • Ceiling Fan
  • 5-minute walk to Pioneer Park

About This Home

As of August 2018

Updated duplex located 1.5 miles to the Beach and directly across the street from Pioneer park with it's free ocean access boat ramp, Baseball fields and tot lot.Updated kitchens with granite and stainless steel appliances. Bathroom have been updated too. One side is being used as a 3/2 and the other as a 2/2 + florida room and each side has a private fenced yard. Seperate water & electric meters + Tenants maintain their lawn. Tenants are very long term (8 & 9 years) and rents are substantially below market rate which should be approx. $1500 per side.

Last Agent to Sell the Property

Jim Boyden

Lang Realty/BR License #619922 Listed on: 06/09/2018

Lang Realty/BR

Last Buyer's Agent

James Boyden

Re/Max Direct License #0619922

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,530

Year Built

  • Built in 1969

Lot Details

  • 8,674 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,295 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Awning

Flooring

  • Laminate
  • Ceramic Tile

Schools

  • Deerfield Beach Elementary And Middle School
  • Deerfield Beach High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 474331010430

Community Details

Overview

  • 2 Units
  • Deerfield Dev & Land Co S Subdivision

Building Details

  • Operating Expense $8,030
  • Net Operating Income $21,370

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,530

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Hillsboro Blvd just west of US1 to NE 5th Ave. Go north to last property on the right.
  • Year Built: 1969
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Living Area: 2295.0

Exterior Features

  • Exterior Features: Fence, Awning(s)
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Schools

  • Elementary School: Deerfield Beach
  • High School: Deerfield Beach
  • Middle Or Junior School: Deerfield Beach

Lot Info

  • Parcel #: 474331010430
  • Lot Size Sq Ft: 8674.0
  • Zoning Description: Multi-Fa
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 21370.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 8030.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4530.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2018
Closed on
Aug 13, 2018
Sold by
Kemeny Katherine and Stone Karen
Bought by
Herin James C
Seller's Agent
Jim Boyden
Lang Realty/BR
Buyer's Agent
James Boyden
Re/Max Direct
List Price
$384,500
Sold Price
$290,000
Premium/Discount to List
-$94,500
-24.58%
Current Estimated Value
$625,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,999
Avg. Annual Appreciation
11.47%
Original Mortgage
$203,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2005
Sold by
Willow Lake Estates Inc
Bought by
Kemeny Tibor and Kemeny Katherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
2%
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
Herin James C $290,000 Attorney
Kemeny Tibor $365,000 Hillsboro Beach Title & Escr
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herin James C $207,090
Closed Herin James C $203,000
Previous Owner Kemeny Katherine $150,000
Previous Owner Kemeny Tibor $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2018 08/20/18 Sold $290,000 -24.6% $126 / Sq Ft
07/21/2018 07/21/18 Pending -- -- --
06/09/2018 06/09/18 For Sale $384,500 -- $168 / 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 $8,188 $388,350 -- --
2024 $7,508 $388,350 $52,040 $300,340
2023 $7,508 $320,960 $0 $0
2022 $6,573 $291,790 $52,040 $239,750
2021 $6,372 $286,810 $52,040 $234,770
2020 $5,896 $263,850 $52,040 $211,810
2019 $5,604 $248,070 $52,040 $196,030
2018 $4,937 $238,950 $52,040 $186,910
2017 $4,530 $196,310 $0 $0
2016 $4,240 $178,470 $0 $0
2015 $3,931 $162,250 $0 $0
2014 $3,315 $131,090 $0 $0
2013 -- $124,610 $52,040 $72,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10438616

BeachesMLS

APN: 47-43-31-01-0430