NOT LISTED FOR SALE

1911 NE 28th Ct Lighthouse Point, FL 33064

Estimated Value: $750,000 - $1,627,895

-- Bed
-- Bath
4,050 Sq Ft
$304/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $637,500 $157 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $8,017/month

83 Days on Market

Highlights

  • Wood Flooring
  • Impact Glass
  • Central Heating and Cooling System
  • Balcony
  • Open Patio
  • Ceiling Fan

About This Home

As of May 2017

Very nice 4 unit building in Lighthouse Point!Bldg. must be purchased with MLS#F10051954( 2 story 4 unit bldg. across the street). Two story all 2 bedroom and 2 bath units with side by side Washer/Dryer in each unit. Partial Impact Glass windows. NOI $39,991.00 5.7 Cap rate. Please do not bother the Tenants!

Last Agent to Sell the Property

Cathy Prenner

Compass Florida LLC License #0546716 Listed on: 02/06/2017

Compass Florida LLC

Co-Listed By

Jack Prenner

Compass Florida LLC License #174814

Last Buyer's Agent

Gary Pache

Camelot Property Management &

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,656

Year Built

  • Built in 1965

Lot Details

  • Sprinkler System

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 4,050 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Impact Glass

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $57,600
  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 484319180050

Community Details

Overview

  • 4 Units
  • Colgate Park 47 37 B Subdivision

Additional Features

  • Laundry Facilities
  • Net Operating Income $39,991

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,656

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: From US1 NE 29th Street east to NE 20th Ave South to NE 28th Court west.
  • Year Built: 1965
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Private Spa: No
  • Flooring: Carpet, Ceramic Tile, Wood
  • Living Area: 4050.0
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Security/High Impact Doors, Lighting, Patio
  • Lot Features: Sprinklers Automatic, Sprinkler System, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Concrete, Flat, Tile

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Sewer, Trash Collection, Water
  • Community Features: Laundry Facilities

Lot Info

  • Parcel #: 484319180050
  • Zoning Description: RM-16

Multi Family

  • Property Net Operating Income: 39991.0
  • Number Of Units Total: 4
  • Total Actual Rent: 57600.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 8656.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2017
Closed on
Jun 6, 2017
Sold by
Michael Scott Galloway Re Vocable Trus and Galloway Michael S
Bought by
Sf Condo Solutions Llc
Seller's Agent
Cathy Prenner
Compass Florida LLC
Buyer's Agent
Gary Pache
Camelot Property Management &
List Price
$699,000
Sold Price
$637,500
Premium/Discount to List
-$61,500
-8.8%
Current Estimated Value
$1,231,474

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$593,974
Avg. Annual Appreciation
9.23%
Original Mortgage
$360,000
Outstanding Balance
$302,377
Interest Rate
3.94%
Estimated Equity
$1,026,256

Purchase Details

Listed on
Feb 6, 2017
Closed on
May 1, 2017
Bought by
Sf Condo Solutions Llc
Seller's Agent
Cathy Prenner
Compass Florida LLC
Buyer's Agent
Gary Pache
Camelot Property Management &
List Price
$699,000
Sold Price
$637,500
Premium/Discount to List
-$61,500
-8.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$302,377
Interest Rate
3.94%
Estimated Equity
$1,026,256

Purchase Details

Closed on
Jun 22, 2010
Sold by
Galloway Michael Scott
Bought by
Galloway Michael Scott

Purchase Details

Closed on
Dec 17, 2009
Sold by
Bath David W
Bought by
Galloway Michael Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
4.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2001
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Jan 30, 1997
Sold by
Garrison Rose M
Bought by
Trepidation Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,500
Interest Rate
7.77%
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
Sf Condo Solutions Llc $637,429 --
Sf Condo Solutions Llc $637,500 --
Galloway Michael Scott -- Attorney
Galloway Michael Scott $480,000 Bailey Woodruff Title Co Inc
Available Not $335,000 --
Trepidation Inc $250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sf Condo Solutions Llc $360,000
Closed Sf Condo Solutions Llc --
Previous Owner Galloway Michael Scott $262,500
Previous Owner Bath David W $511,000
Previous Owner Bath David W $357,000
Previous Owner Trepidation Inc $96,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2017 05/31/17 Sold $637,500 -8.8% $157 / Sq Ft
05/01/2017 05/01/17 Pending -- -- --
02/06/2017 02/06/17 For Sale $699,000 0.0% $173 / Sq Ft
07/07/2012 07/07/12 Rented $750 0.0% --
06/07/2012 06/07/12 Under Contract -- -- --
04/17/2011 04/17/11 For Rent $750 -- --
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 $18,162 $823,830 -- --
2024 $16,553 $805,300 $84,170 $721,130
2023 $16,553 $680,860 $0 $0
2022 $14,382 $618,970 $0 $0
2021 $13,313 $562,700 $0 $0
2020 $12,003 $511,550 $84,170 $427,380
2019 $12,377 $531,450 $84,170 $447,280
2018 $11,595 $511,550 $84,170 $427,380
2017 $9,365 $370,080 $0 $0
2016 $8,656 $336,440 $0 $0
2015 $6,459 $305,860 $0 $0
2014 $5,990 $278,060 $0 $0
2013 -- $276,430 $84,170 $192,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10051985

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-19-18-0050