NOT LISTED FOR SALE

20 NW 7th Ave Unit 1, 2,3,5,7,8,9 Pompano Beach, FL 33060

Blanche Ely Neighborhood

Estimated Value: $150,081 - $184,000

4 Beds
1 Bath
1,088 Sq Ft
$148/Sq Ft Est. Value

Last Sold November 10, 2018

Last sale price $980,000 $901 Per Sq Ft

Current estimated payment $1,231/month

86 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • 4-minute walk to Annie Adderly Gillis Park
  • Zero Lot Line

About This Home

As of November 2018

Great investment opportunity. 8 townhouses in the same building, all separately titled ,Great location, just east from I-95. Each Unit is a 3 bedroom 1.5 bath, two stories each. Fully Occupied. Approx Monthly gross income $1300x8 units =$10,400. GOI 124k, annual expenses : insurance, taxes , cleaning & Garbage about 30k , NOI 94k. Must see

Last Agent to Sell the Property

Sivan Gerges

Goldstone Realty LLC License #.3152327 Listed on: 07/16/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,135

Year Built

  • Built in 1979

Lot Details

  • Zero Lot Line

HOA Fees

  • $145 Monthly HOA Fees

Interior Spaces

  • 1,088 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484235aa0050

Community Details

Overview

  • Association fees include common areas, ground maintenance
  • 4 Units
  • Pompano Villas Condo Subdivision

Building Details

  • Operating Expense $35,000
  • Net Operating Income $89,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,135

Year Built

Built in 1979

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Prop. Type: Residential Income
  • Directions: East of 95 off Atlantic
  • Year Built: 1979
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1088.0

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Other

Utilities

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

Condo/Co-op/Association

  • Association Fee: 145.0
  • Senior Community: No
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds

Lot Info

  • Parcel #: 484235aa0050
  • Zoning Description: resident

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 89000.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 35000.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1135.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 1, 2017
Bought by
Yas Holdings Llc
Total Days on Market
86
Current Estimated Value
$161,270

Purchase Details

Closed on
Mar 24, 2005
Sold by
Grand Palms Investments Inc
Bought by
Top Video & Productions Usa Inc

Purchase Details

Closed on
Jun 3, 2003
Sold by
Community Acquisitions Lc
Bought by
Grand Palm Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$830,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 30, 2002
Sold by
Community Housing Corp Of Broward
Bought by
Langner Harvey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,715
Interest Rate
6.85%

Purchase Details

Closed on
Jun 12, 1996
Sold by
Florida Community Hsng Assistance Corp
Bought by
Community Housing Corp Of Broward

Purchase Details

Closed on
Sep 18, 1995
Sold by
Soul Villas Pompano Inc
Bought by
Fl Com Housing Assistance Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,450
Interest Rate
7.93%
Mortgage Type
FHA
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
Yas Holdings Llc $360,000 --
Top Video & Productions Usa Inc $620,000 --
Grand Palm Investments Inc $720,000 First American Title Ins Co
Community Acquisitions Lc $366,000 First American Title Ins Co
Langner Harvey $60,000 Florida State Title & Escrow
Community Housing Corp Of Broward -- J D Title Inc
Fl Com Housing Assistance Corp $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 20 Nw 7Th Ave Llc $758,000
Previous Owner Grand Palm Investments Inc $830,000
Previous Owner Langner Harvey $56,715
Previous Owner Fl Com Housing Assistance Corp $40,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2018 11/10/18 Sold $980,000 -5.8% $901 / Sq Ft
10/11/2018 10/11/18 Pending -- -- --
07/16/2018 07/16/18 For Sale $1,040,000 -- $956 / 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 $2,776 $119,070 $11,910 $107,160
2024 $2,589 $119,070 $11,910 $107,160
2023 $2,589 $108,240 $10,820 $97,420
2022 $2,313 $99,960 $10,000 $89,960
2021 $2,189 $95,070 $9,510 $85,560
2020 $2,081 $91,370 $9,140 $82,230
2019 $2,048 $89,030 $8,900 $80,130
2018 $1,858 $81,460 $8,150 $73,310
2017 $1,135 $34,700 $0 $0
2016 $1,021 $31,550 $0 $0
2015 $994 $28,690 $0 $0
2014 $700 $26,090 $0 $0
2013 -- $25,020 $2,500 $22,520
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Sivan Gerges

    Goldstone Realty LLC

    (561) 251-2326

    49 Total Sales

    Sivan Gerges
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Map

Source: BeachesMLS

MLS Number: R10448090

BeachesMLS

APN: 48-42-35-AA-0050

Florida Broward County Pompano Beach 33060 Blanche Ely

20 NW 7th Ave Unit 1, 2,3,5,7,8,9, Pompano Beach, FL

This home is located at 20 NW 7th Ave Unit 1, 2,3,5,7,8,9, Pompano Beach, FL 33060 since 16 July 2018 and is currently estimated at $161,270, approximately $148 per square foot. This property was built in 1979. 20 NW 7th Ave Unit 1, 2,3,5,7,8,9 is a home located in Broward County with nearby schools including Sanders Park Elementary School, Pompano Beach Middle School, and Blanche Ely High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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