NOT LISTED FOR SALE

Estimated Value: $842,000 - $946,744

-- Bed
-- Bath
3,432 Sq Ft
$257/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $590,000 $172 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,693/month

52 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • 4-minute walk to Dowdy Field

About This Home

As of October 2020

The subject property is a legal CBS 4plex constructed in 1981 and is considered to be in good condition with great curb appeal. The unit breakdown is two (2) large wo bedroom/2 bath apartments and two (2) large one bedroom/one bath apartments. The property has received new hurricane impact windows in 2017. Tenants pay their own water and trash.
Hollywood is experiencing a tremendous rebirth. Currently there is more than $1.45 billion in real estate development, planned or under construction, throughout the city with key commercial corridors offering additional redevelopment opportunities. Please contact agent for a copy of the offering memorandum for download form the MLS or agents website

Last Agent to Sell the Property

Peter Dacko

Media Realty License #0600065 Listed on: 07/25/2020

Last Buyer's Agent

Peter Dacko

Media Realty License #0600065 Listed on: 07/25/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,265

Year Built

  • Built in 1981

Lot Details

  • 10,324

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,432 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $59,520
  • Assessor Parcel Number 514216030090

Community Details

Overview

  • 4 Units
  • Hosbeins Sub Resub Lts 1 Subdivision, 4Plex Blt In 1981 Floorplan

Building Details

  • Net Operating Income $38,821

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,265

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Year Built: 1981
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Unknown
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 3432.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Unknown
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: None

Lot Info

  • Parcel #: 514216030090
  • Zoning Description: RMCRA-18

Multi Family

  • Property Net Operating Income: 38821.0
  • Number Of Units Total: 4
  • Total Actual Rent: 59520.0

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8265.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2020
Closed on
Sep 25, 2020
Sold by
Lincoln 2151 Llc
Bought by
Nash Michael
Seller's Agent
Peter Dacko
Media Realty
Buyer's Agent
Peter Dacko
Media Realty
List Price
$625,000
Sold Price
$590,000
Premium/Discount to List
-$35,000
-5.6%
Current Estimated Value
$883,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,436
Avg. Annual Appreciation
8.36%
Original Mortgage
$442,500
Outstanding Balance
$393,580
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$489,856

Purchase Details

Closed on
Apr 8, 2020
Sold by
Ghorbani Rassul
Bought by
Lincoln 2151 Llc

Purchase Details

Closed on
Aug 5, 2010
Sold by
Eads Suzanna
Bought by
Ghorbani Rassul

Purchase Details

Closed on
May 12, 2004
Sold by
Rodriguez Hector L and Rodriguez Idania
Bought by
Eads Suzanna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$306,000
Interest Rate
7.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 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
Nash Michael $590,000 Homepartners Title Svcs Llc
Lincoln 2151 Llc -- Attorney
Ghorbani Rassul $170,000 Attorney
Eads Suzanna L $340,000 Action Title Company
Available Not $121,786 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nash Michael $442,500
Previous Owner Eads Suzanna L $306,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $590,000 -5.6% $172 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
07/25/2020 07/25/20 For Sale $625,000 -- $182 / 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 $12,550 $608,150 -- --
2024 $11,702 $580,790 $92,910 $439,460
2023 $11,702 $532,370 $92,910 $439,460
2022 $12,283 $529,030 $92,910 $436,120
2021 $12,311 $527,790 $92,910 $434,880
2020 $8,567 $392,800 $92,910 $299,890
2019 $8,265 $392,800 $92,910 $299,890
2018 $7,523 $367,800 $92,910 $274,890
2017 $6,670 $248,540 $0 $0
2016 $6,187 $225,950 $0 $0
2015 $5,662 $205,410 $0 $0
2014 $5,303 $186,740 $0 $0
2013 -- $173,160 $92,910 $80,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10240843

BeachesMLS (Greater Fort Lauderdale)

APN: 51-42-16-03-0090