NOT LISTED FOR SALE

1842 Mckinley St Hollywood, FL 33020

Royal Poinciana Neighborhood

Estimated Value: $709,000 - $784,000

4 Beds
2 Baths
2,600 Sq Ft
$287/Sq Ft Est. Value

Last Sold September 18, 2019

Last sale price $420,000 $162 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $5,037/month

218 Days on Market

Highlights

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

About This Home

As of September 2019

The subject property is a five-unit apartment complex located just west of Federal Highway and east of Dixie Highway. Broward County Property Appraiser shows 5 units however it may be listed with the city as a 4Plex. The property was constructed in 1952 and contains 2800 Sq Ft. The breakdown of the units is as follows; (4) one bedroom/one bath apartment and (1) efficiency with a full-size eat-in kitchen. There is significant upside in the rents

Last Agent to Sell the Property

Peter Dacko

Media Realty License #0600065 Listed on: 01/12/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,297

Year Built

  • Built in 1953

Lot Details

  • 7,057

Parking

  • 7 Parking Spaces

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 2,600 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

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

Listing and Financial Details

  • Total Actual Rent $51,600
  • Rent includes sewer, trash collection, water
  • Assessor Parcel Number 514210070390

Community Details

Overview

  • 4 Units
  • St James Park West Add 2 Subdivision

Building Details

  • Net Operating Income $24,943

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,297

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: Google Maps
  • Year Built: 1953
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2600.0

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 7.0

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Sewer, Trash Collection, Water

Lot Info

  • Parcel #: 514210070390
  • Zoning Description: RM-18

Multi Family

  • Property Net Operating Income: 24943.0
  • Number Of Units Total: 4
  • Total Actual Rent: 51600.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 9297.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2019
Closed on
Sep 18, 2019
Sold by
W Realty Invest Ii Llc
Bought by
1842 Mc Kinley Llc
Seller's Agent
Peter Dacko
Media Realty
List Price
$550,000
Sold Price
$420,000
Premium/Discount to List
-$130,000
-23.64%
Current Estimated Value
$745,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,140
Avg. Annual Appreciation
9.84%

Purchase Details

Listed on
Jan 12, 2019
Closed on
Jul 31, 2019
Sold by
Shore Jay
Bought by
W Realty Invest Ii Llc
Seller's Agent
Peter Dacko
Media Realty
List Price
$550,000
Sold Price
$420,000
Premium/Discount to List
-$130,000
-23.64%

Purchase Details

Listed on
Feb 4, 2015
Closed on
May 27, 2015
Sold by
Christansen Kim D
Bought by
Shore Jay
Seller's Agent
Peter Dacko
Media Realty
List Price
$365,000
Sold Price
$373,000
Premium/Discount to List
$8,000
2.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.79%

Purchase Details

Closed on
Nov 18, 2004
Sold by
Christiansen Kim D
Bought by
Kim D Christiansen Revocable Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 30, 2004
Sold by
Townsend Nelson Lee and Townsend Judith K
Bought by
Christiansen Kim D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 1996
Sold by
Townsend Nelson R and Townsend Mae
Bought by
Townsend Nelson L and Townsend Judith K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.8%
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
1842 Mc Kinley Llc -- Attorney
W Realty Invest Ii Llc $420,000 Attorney
Shore Jay $373,000 Union Title Services Inc
Kim D Christiansen Revocable Living Tr -- --
Christiansen Kim D $295,000 --
Townsend Nelson L $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Christiansen Kim D $236,000
Previous Owner Townsend Nelson L $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2019 09/18/19 Sold $420,000 -23.6% $162 / Sq Ft
08/19/2019 08/19/19 Pending -- -- --
01/12/2019 01/12/19 For Sale $550,000 +47.5% $212 / Sq Ft
05/27/2015 05/27/15 Sold $373,000 +2.2% $143 / Sq Ft View Prior Sale
04/27/2015 04/27/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $365,000 0.0% $140 / Sq Ft
09/17/2014 09/17/14 Rented $800 -3.0% --
09/17/2014 09/17/14 For Rent $825 -- --
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 $13,406 $579,660 -- --
2024 $12,356 $579,660 -- --
2023 $12,356 $479,070 $0 $0
2022 $10,663 $435,520 $63,640 $371,880
2021 $10,418 $415,800 $0 $0
2020 $10,113 $409,140 $63,640 $345,500
2019 $10,087 $463,700 $63,640 $400,060
2018 $10,215 $440,900 $63,640 $377,260
2017 $9,030 $369,830 $0 $0
2016 $8,364 $336,210 $0 $0
2015 $4,433 $131,820 $0 $0
2014 -- $119,840 $0 $0
2013 -- $110,810 $63,640 $47,170
Source: Public Records

Agents Affiliated with this Home

  • Peter Dacko

    Seller's Agent in 2019

    Peter Dacko

    Media Realty

    (954) 232-7714

    8 in this area

    70 Total Sales

    Peter Dacko
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: H10597280

BeachesMLS (Greater Fort Lauderdale)

APN: 51-42-10-07-0390

Florida Broward County Hollywood 33020 Royal Poinciana

1842 Mckinley St, Hollywood, FL

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BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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