NOT LISTED FOR SALE

Estimated Value: $344,182 - $483,000

-- Bed
1 Bath
1,440 Sq Ft
$295/Sq Ft Est. Value

Last Sold May 04, 2015

Last sale price $110,000 $76 Per Sq Ft

Est. 286% increase in value since last sale

Current estimated payment $2,885/month

30 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Fenced

About This Home

As of May 2015

CAP RATE OVER 9% WHEN RENTED, units bring $900/mo. Newer electrical boxes, along with hard wired smoke detectors, all done with permits according to the seller. Roof in good shape, tile floors thru out. Clean! Seller is focusing on his core business a nd has decided to sell. Good area for rentals, fully fenced and in good shape, appears to need nothing. Seller represents that they are SECTION 8 qualified. Can be packaged with two other buildings in the neighborhood, similar in price and size.

Last Agent to Sell the Property

Matthew Grant

Inactive member License #3034364 Listed on: 03/04/2015

Last Buyer's Agent

Sandra Lindsey

ACM Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,946

Year Built

  • Built in 1982

Lot Details

  • Fenced

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,440 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 4 Units
  • Collier City Subdivision

Listing and Financial Details

  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 484233020470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,946

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: OFF ATLANTIC 5 BLOCKS NORTH BETWEEN 22 AND 23 AVENUES.
  • Year Built: 1982
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1440.0
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Sewer, Trash Collection, Water

Lot Info

  • Parcel #: 484233020470
  • Zoning Description: MULTI

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1946.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2015
Closed on
Apr 21, 2015
Sold by
Real Blue Enterprises Llc
Bought by
Bar G Properties Llc
Seller's Agent
Matthew Grant
Inactive member
Buyer's Agent
Sandra Lindsey
ACM Real Estate
List Price
$129,000
Sold Price
$110,000
Premium/Discount to List
-$19,000
-14.73%
Total Days on Market
30
Current Estimated Value
$424,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,546
Avg. Annual Appreciation
14.32%

Purchase Details

Closed on
Mar 1, 2013
Sold by
Active Properties Llc
Bought by
Real Blue Enterprises Llc

Purchase Details

Closed on
Oct 27, 2008
Sold by
U S Bank National Association
Bought by
Active Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,300
Interest Rate
6.01%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 24, 2008
Sold by
Alarcon Edgar and Alarcon Alirio
Bought by
U S Bank Na

Purchase Details

Closed on
Oct 12, 2006
Sold by
Castanio John
Bought by
Alarcon Edgar and Alarcon Alirio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,980
Interest Rate
6.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 2005
Sold by
Budnick Jason
Bought by
Castanio John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 11, 2002
Sold by
Jade Properties Inc
Bought by
Budnick Jason

Purchase Details

Closed on
May 12, 1998
Sold by
Keith Davis Inc
Bought by
Jade Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.03%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 10, 1997
Sold by
Clerk Of The Court
Bought by
Argo Mortgage Corp
Source: Public Records

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Range of Values:

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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
Bar G Properties Llc $110,000 None Available
Real Blue Enterprises Llc $104,500 Attorney
Active Properties Llc $85,000 Attorney
U S Bank Na -- Attorney
Alarcon Edgar $239,900 One Source Title Inc
Castanio John $190,000 --
Budnick Jason $30,000 --
Jade Properties Inc $25,000 --
Keith Davis Inc $4,000 --
Argo Mortgage Corp $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Active Properties Llc $91,300
Previous Owner Alarcon Edgar $47,980
Previous Owner Alarcon Edgar $191,920
Previous Owner Alarcon Edgar $47,980
Previous Owner Castanio John $171,000
Previous Owner Budnick Jason $108,750
Previous Owner Argo Mortgage Corp $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2015 05/04/15 Sold $110,000 -14.7% $76 / Sq Ft
04/04/2015 04/04/15 Pending -- -- --
03/04/2015 03/04/15 For Sale $129,000 -- $90 / 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 $6,012 $240,850 -- --
2024 $5,500 $240,850 -- --
2023 $5,500 $199,060 $0 $0
2022 $4,727 $180,970 $0 $0
2021 $4,199 $164,520 $0 $0
2020 $3,717 $185,020 $30,950 $154,070
2019 $3,400 $160,780 $30,950 $129,830
2018 $2,935 $125,690 $30,950 $94,740
2017 $2,568 $112,390 $0 $0
2016 $2,338 $102,180 $0 $0
2015 $2,100 $87,380 $0 $0
2014 $1,947 $79,680 $0 $0
2013 -- $76,850 $30,950 $45,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1330834

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-33-02-0470