NOT LISTED FOR SALE
Studio
4 Baths
2,955 Sq Ft
1963 Built

Last Sold June 20, 2012

Last sale price $520,000 $176 Per Sq Ft

63 Days on Market

Highlights

  • Property has ocean access
  • Deck
  • Patio
  • Home fronts a canal
  • No HOA
  • Ceramic Tile Flooring

About This Home

As of June 2012

Completely Remodeled water Front 4 Unit building. New dock to accomodate 3 boats. New Hurricane Impact Windows. All units have new floor tile throughout, all new kichens with granite counter tops, new back splashes, cherry wood cabinets, stainless steel appliances. All new bathrooms, all units have central A/C New roof installed in 2006. 3 Units have water views. Large Efficiency has new central A/C, bonus Florida Room and dressing area with built ins. The seawall has new footer, cap and reface. New patio pavers in rear and around entire property and new pressure treated decking. New facia board. Parking area repaved and striped. New railing in back yard and new fence. New landscaping and new sprinkler system. Everything has been redone. New coin opera... (see supplement for full remarks) Completely Remodeled water Front 4 Unit building. New dock to accomodate 3 boats. New Hurricane Impact Windows. All units have new floor tile throughout, all new kichens with granite counter tops, new back splashes, cherry wood cabinets, stainless steel appliances. All new bathrooms, all units have central A/C New roof installed in 2006. 3 Units have water views. Large Efficiency has new central A/C, bonus Florida Room and dressing area with built ins. The seawall has new footer, cap and reface. New patio pavers in rear and around entire property and new pressure treated decking. New facia board. Parking area repaved and striped. New railing in back yard and new fence. New landscaping and new sprinkler system. Everything has been redone. New coin operated washer and dryer. This would be great for owner to live in one unit and lease out the other 3.

Last Agent to Sell the Property

James Leavitt

RE/MAX Select Group License #380942 Listed on: 04/09/2012

RE/MAX Select Group

Last Buyer's Agent

Laurie Barfield

The Keyes Company - Stuart License #3229951

The Keyes Company - Stuart

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,927

Year Built

  • Built in 1963

Lot Details

  • Home fronts a canal
  • Sprinkler System

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 4 Bathrooms
  • 2,955 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Outdoor Features

  • Property has ocean access
  • Fixed Bridges
  • Seawall
  • Deck
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Cypress Cove 43 24 B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494306310670

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,927

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: Atlantic Blvd to NE 19th Ave south to SE 4th St
  • Year Built: 1963
  • Unit Levels: One
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2955.0

Exterior Features

  • Exterior Features: Outdoor Living Area
  • Fencing: Fenced
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Private: No
  • Waterfront Features: Canal Front, Fixed Bridge, Ocean Access, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Deck, Patio
  • Roof: Composition

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Parcel #: 494306310670
  • Lot Size: 0
  • Mobile Dim Units: Feet
  • Zoning: Rd-1

Rental Info

  • Tenant Pays: Cable TV, Electricity

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 3927.0

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2012
Closed on
Jun 20, 2012
Sold by
Galloway Michael S
Bought by
Broward County Community Development Cor
Seller's Agent
James Leavitt
RE/MAX Select Group
Buyer's Agent
Laurie Barfield
The Keyes Company - Stuart
List Price
$575,000
Sold Price
$520,000
Premium/Discount to List
-$55,000
-9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$410,470
Interest Rate
3.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 2011
Sold by
Knefel Lynda P
Bought by
Galloway Michael S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
4.15%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 3, 2004
Sold by
Knefel Lynda P
Bought by
Knefel Lynda P and Knefel Susan E

Purchase Details

Closed on
Mar 23, 1995
Sold by
Knefel Eleanor L
Bought by
Knefel Eleanor L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Broward County Community Development Cor $520,000 Attorney
Galloway Michael S $275,000 Attorney
Knefel Lynda P -- --
Knefel Eleanor L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Broward County Community Development Cor $600,000
Previous Owner Galloway Michael S $192,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2012 06/20/12 Sold $520,000 -9.6% $176 / Sq Ft
05/21/2012 05/21/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $575,000 -- $195 / 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
2026 $1,444 $797,680 $137,920 $659,760
2025 $1,324 $747,010 -- --
2024 $1,324 $747,010 $137,920 $479,450
2023 $1,324 $617,370 $137,920 $479,450
2022 $1,000 $617,370 $137,920 $479,450
2021 $880 $838,900 $137,920 $700,980
2020 $880 $839,300 $137,920 $701,380
2019 $880 $898,370 $137,920 $760,450
2018 $840 $890,990 $137,920 $753,070
2017 $652 $683,720 $0 $0
2016 $536 $621,570 $0 $0
2015 $536 $565,070 $0 $0
2014 $536 $513,700 $0 $0
2013 -- $479,960 $137,920 $342,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R3272979

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-06-31-0670