NOT LISTED FOR SALE

1969 NE 5th St Unit 1-2 Deerfield Beach, FL 33441

Deerfield Beach Island Neighborhood

Estimated Value: $1,010,000 - $1,603,000

3 Beds
1 Bath
1,538 Sq Ft
$857/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $835,000 $543 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $9,092/month

6 Days on Market

Highlights

  • Porch
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Open Patio

About This Home

As of March 2022

****RM-25**** Collect rental income of $3,350 immediately. Currently rented below market value. Excellent Air BnB VRBO opportunity. Front Unit: 3/2 w/ large private backyard. Back Unit: 1 BR, 1 Bath; separate private backyard + separate side entrance. Steps from the beach!!

Last Agent to Sell the Property

Oliver Hannoun

One Sotheby's International Re License #3130997 Listed on: 01/24/2022

One Sotheby's International Re

Last Buyer's Agent

Desare Kohn-Laski

Desare Kohn-Laski PA License #3187020

Desare Kohn-Laski PA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,348

Year Built

  • Built in 1968

Lot Details

  • 6,749 Sq Ft Lot

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,538 Sq Ft Home
  • 1-Story Property

Flooring

  • Laminate
  • Ceramic Tile

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484305021360

Community Details

Overview

  • 2 Units
  • Ocean Vue Subdivision

Building Details

  • Operating Expense $10,347
  • Net Operating Income $28,653

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,348

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: .
  • Year Built: 1968
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Laminate
  • Living Area: 1538.0

Exterior Features

  • Exterior Features: Porch
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Parcel #: 484305021360
  • Lot Size Sq Ft: 6749.0
  • Zoning Description: RM-25
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 28653.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 10347.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 10348.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2022
Closed on
Mar 1, 2022
Sold by
Ocean 1969 Llc
Bought by
Kohn-Laski Desare and Hibshman Tracy
Seller's Agent
Oliver Hannoun
One Sotheby's International Re
Buyer's Agent
Desare Kohn-Laski
Desare Kohn-Laski PA
List Price
$869,000
Sold Price
$835,000
Premium/Discount to List
-$34,000
-3.91%
Current Estimated Value
$1,318,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,114
Avg. Annual Appreciation
13.28%
Original Mortgage
$611,250
Outstanding Balance
$569,604
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$748,510

Purchase Details

Closed on
Feb 25, 2016
Sold by
Victor Perry and Schafrann Jane
Bought by
Ocean 1969 Llc

Purchase Details

Listed on
Jun 17, 2015
Closed on
Nov 4, 2015
Sold by
Mazzei Emilio and Lippman Julie
Bought by
Victor Perry and Schafrann Jane
Seller's Agent
Donna Hardy
Berkshire Hathaway Florida Realty
Buyer's Agent
Donna Hardy
Berkshire Hathaway Florida Realty
List Price
$475,000
Sold Price
$412,000
Premium/Discount to List
-$63,000
-13.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.36%

Purchase Details

Closed on
Sep 6, 2012
Sold by
Mazzei Joseph
Bought by
Mazzei Emilio and Lippman Julie

Purchase Details

Closed on
Sep 1, 1991
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
Kohn-Laski Desare $815,000 Jk Closing Attorneys Pllc
Ocean 1969 Llc -- None Available
Victor Perry $412,000 Florida Title & Guarantee Ag
Mazzei Emilio $80,000 Attorney
Available Not $7,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kohn-Laski Desare $611,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2022 03/01/22 Sold $835,000 -3.9% $543 / Sq Ft
01/30/2022 01/30/22 Pending -- -- --
01/24/2022 01/24/22 For Sale $869,000 +110.9% $565 / Sq Ft
11/06/2015 11/06/15 Sold $412,000 0.0% $215 / Sq Ft View Prior Sale
11/06/2015 11/06/15 Sold $412,000 -13.3% $215 / Sq Ft View Prior Sale
10/07/2015 10/07/15 Pending -- -- --
10/07/2015 10/07/15 Pending -- -- --
06/17/2015 06/17/15 For Sale $475,000 0.0% $248 / Sq Ft
04/14/2015 04/14/15 For Sale $475,000 -- $248 / 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 $26,321 $1,251,840 $101,710 $1,150,130
2024 $15,837 $1,251,840 $101,710 $1,150,130
2023 $15,837 $731,790 $101,710 $630,080
2022 $10,463 $481,490 $101,710 $379,780
2021 $10,348 $479,990 $101,710 $378,280
2020 $10,337 $479,830 $101,710 $378,120
2019 $9,724 $451,930 $101,710 $350,220
2018 $8,710 $411,670 $101,710 $309,960
2017 $8,024 $367,660 $0 $0
2016 $7,182 $319,840 $0 $0
2015 $6,331 $269,200 $0 $0
2014 $5,900 $244,730 $0 $0
2013 -- $234,500 $101,710 $132,790
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2022

    Oliver Hannoun

    One Sotheby's International Re

    (561) 929-5501

    2 in this area

    36 Total Sales

    Oliver Hannoun
    Section Image

  • D

    Buyer's Agent in 2022

    Desare Kohn-Laski

    Desare Kohn-Laski PA

    Section Image
  • Tracy Hibshman

    Buyer Co-Listing Agent in 2022

    Tracy Hibshman

    RE/MAX

    (954) 330-9770

    2 in this area

    35 Total Sales

    Tracy Hibshman
    Section Image

  • D

    Seller's Agent in 2015

    Donna Hardy

    Berkshire Hathaway Florida Realty

    (561) 289-8841

    60 Total Sales

    Donna Hardy
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10772313

BeachesMLS

APN: 48-43-05-02-1360

Florida Broward County Deerfield Beach 33441 Deerfield Beach Island

1969 NE 5th St Unit 1-2, Deerfield Beach, FL

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