NOT LISTED FOR SALE

Estimated Value: $744,000 - $1,253,000

8 Beds
4 Baths
3,960 Sq Ft
$253/Sq Ft Est. Value

Last Sold March 24, 2014

Last sale price $350,000 $88 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $6,072/month

50 Days on Market

Highlights

  • Porch
  • Open Patio
  • Central Heating and Cooling System
  • Jupiter Middle School Rated A-
  • Ceramic Tile Flooring
  • Fenced

About This Home

As of March 2014

Great Investment Opportunity in Desirable Jupiter Location - Fully Leased 4-plex - Large Units 990 sqft. per Unit - Consisting of (2) 2 BR/1.5 Bath Units & (2) 3 BR/1.5 Bath Units - All Rented at $1000/month - Tile Floors Throughout Each Unit - Individually Metered for Water & Electric - Roof approx. 8 Years Old - Detached Storage Building (Additional Rental Income Potential) - Great in Town Location.

Last Agent to Sell the Property

Christopher Holmes

Premier Holmes Real Estate License #0594894 Listed on: 01/02/2014

Last Buyer's Agent

Raymond Uzzi

Ray Uzzi LLC License #0582758

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,251

Year Built

  • Built in 1971

Lot Details

  • Fenced

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,960 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Ceramic Tile Flooring

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $48,000
  • Rent includes electricity, water
  • Assessor Parcel Number 30424101030030040

Community Details

Overview

  • 4 Units
  • Jupiter Townsite Sec 1 In Subdivision

Building Details

  • Operating Expense $9,431
  • Net Operating Income $38,569

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,251

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Indiantown Road to North on Loxahatchee Drive to Right on Fern Street
  • Year Built: 1971
  • Unit Levels: Two
  • Building Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 3960.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fence, Porch
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Porch
  • 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, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Water
  • Senior Community: No

Lot Info

  • Parcel #: 30424101030030040
  • Zoning Description: R3

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 38569.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 9431.0
  • Total Actual Rent: 48000.0

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4251.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2014
Closed on
Mar 24, 2014
Sold by
Holmes Christopher K and Holmes Deborah A
Bought by
Schmuck Opportunities Llc
Seller's Agent
Christopher Holmes
Premier Holmes Real Estate
Buyer's Agent
Raymond Uzzi
Ray Uzzi LLC
List Price
$395,000
Sold Price
$350,000
Premium/Discount to List
-$45,000
-11.39%
Current Estimated Value
$1,003,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$653,282
Avg. Annual Appreciation
9.32%

Purchase Details

Closed on
Oct 10, 2013
Sold by
Castro Ana P and Arce Alexander
Bought by
Holmes Christopher K and Holmes Deborah A

Purchase Details

Closed on
Apr 25, 2007
Sold by
Schaefer John R and Scher Mark A
Bought by
Schaefer & Scher Llc

Purchase Details

Closed on
Jan 30, 2006
Sold by
Meadow Brook At P G A Inc
Bought by
Arce Alexander and Castro Ann P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,500
Interest Rate
11.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 22, 2003
Sold by
Jacobs Andrew R and Williams Kathy Jo
Bought by
Meadow Brook At P G A Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 1995
Sold by
Linn Frederick M
Bought by
Jacobs Andrew R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,700
Interest Rate
8.22%
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
Schmuck Opportunities Llc $350,000 South Florida Title Insurers
Holmes Christopher K $189,400 None Available
Schaefer & Scher Llc $510,713 Attorney
Arce Alexander $610,000 None Available
Meadow Brook At P G A Inc $328,000 --
Jacobs Andrew R $153,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arce Alexander $152,500
Previous Owner Arce Alexander $396,500
Previous Owner Meadow Brook At P G A Inc $230,000
Previous Owner Jacobs Andrew R $137,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/24/2014 03/24/14 Sold $350,000 -11.4% $88 / Sq Ft
02/22/2014 02/22/14 Pending -- -- --
01/02/2014 01/02/14 For Sale $395,000 -- $100 / 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
2025 $9,913 $555,980 -- --
2024 $9,913 $557,484 -- --
2023 $9,718 $536,548 $213,012 $323,536
2022 $10,215 $511,816 $0 $0
2021 $9,316 $517,566 $198,000 $319,566
2020 $8,299 $422,988 $181,800 $241,188
2019 $8,492 $427,053 $181,800 $245,253
2018 $8,352 $431,895 $179,336 $252,559
2017 $8,220 $415,591 $163,032 $252,559
2016 $8,145 $383,533 $0 $0
2015 $7,353 $348,666 $0 $0
2014 $6,403 $293,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10004280

BeachesMLS (Greater Fort Lauderdale)

APN: 30-42-41-01-03-003-0040