NOT LISTED FOR SALE

2225 NE 14th Ave Wilton Manors, FL 33305

Estimated Value: $1,114,000 - $1,247,000

-- Bed
-- Bath
2,775 Sq Ft
$429/Sq Ft Est. Value

Last Sold April 22, 2020

Last sale price $782,000 $282 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $8,819/month

218 Days on Market

Highlights

  • Saltwater Pool
  • Screened Porch
  • Tile Flooring
  • Fort Lauderdale High School Rated A
  • Cooling System Mounted To A Wall/Window
  • 4-minute walk to Colohatchee Park

About This Home

As of April 2020

UNIQUE 4plex --- 3 units share a community pool and one unit has it's own private pool..... you haven't seen anything like this before! Situated on a corner lot, each unit has a relaxing screened front porch. Tenants love living here - coin laundry on site, new pool in 2014, 7 parking spots, own electric meters. Building has one water meter and a 5th electric meter for the pool equipment. Units #1 and #4 are unfurnished. Units #2 and #3 are furnished. Owner has annual and vacation rental tenants. He will negotiate the furnishings. Sprinkler on well water. This 4plex can be purchased with adjacent 4plex next door at 2217 NE 14 Ave to create a wonderful resort rental complex.

Last Agent to Sell the Property

Adrienne Foland

Balistreri Real Estate Inc License #3063306 Listed on: 08/17/2019

Balistreri Real Estate Inc

Last Buyer's Agent

Cindy Cleary

United Realty Group Inc License #3408214

United Realty Group Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,874

Year Built

  • Built in 1964

Lot Details

  • Fenced
  • Sprinkler System

Parking

  • 7 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,775 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Screened Porch

Flooring

  • Tile
  • Terrazzo

Pool

  • Saltwater Pool

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $79,572
  • Rent includes gardener, pool, sewer, trash collection, water
  • Assessor Parcel Number 494226300260

Community Details

Overview

  • 4 Units
  • Edgewater Estates 1St Add Subdivision, 4Plex With Pool Floorplan

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,874

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: From Fed Hwy turn West on NE 26 Street. Turn South on NE 15 Ave, turn West on NE 23 Street, go to the end of the street..... 4plex is on the corner of NE 14 Ave and NE 23 St.
  • Year Built: 1964
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Terrazzo, Tile
  • Living Area: 2775.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Enclosed Porch, Fence
  • Lot Features: Sprinklers Automatic, Sprinkler System, < 1/4 Acre
  • Pool Features: Heated, In Ground, Pool, Salt Water
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 7.0

Utilities

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Pool, Sewer, Trash Collection, Water
  • Community Features: Laundry Facilities

Lot Info

  • Parcel #: 494226300260
  • Zoning Description: RM-16

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 10874.0

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 79572.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2019
Closed on
Apr 21, 2020
Sold by
Hill John Jeffery
Bought by
Oleary Kyle and Oellien Paul
Seller's Agent
Adrienne Foland
Balistreri Real Estate Inc
Buyer's Agent
Cindy Cleary
United Realty Group Inc
List Price
$849,000
Sold Price
$782,000
Premium/Discount to List
-$67,000
-7.89%
Total Days on Market
218
Current Estimated Value
$1,190,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$408,730
Avg. Annual Appreciation
8.56%
Original Mortgage
$586,500
Outstanding Balance
$523,120
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$667,610

Purchase Details

Closed on
Aug 16, 2018
Sold by
Smith William J and Smith Gilda M
Bought by
Hill John Jeffery

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
5%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 31, 2014
Sold by
Smith William J
Bought by
The William & Gilda Smith Revocable Trus and Smith Gilda M

Purchase Details

Closed on
Feb 15, 2006
Sold by
Smith William J and Smith Gilda M
Bought by
Smith William J

Purchase Details

Closed on
Jul 22, 1993
Sold by
Smith Robert L
Bought by
Smith William J
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
Oleary Kyle $782,000 Attorney
Hill John Jeffery $262,500 Attorney
The William & Gilda Smith Revocable Trus $121,100 Attorney
Smith William J -- Attorney
Smith William J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oleary Kyle $586,500
Previous Owner Hill John Jeffery $220,000
Previous Owner Hill John Jeffery $196,803
Previous Owner Smith William J $122,163
Previous Owner Smith William J $158,250
Previous Owner Smith William J $147,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2020 04/22/20 Sold $782,000 -7.9% $282 / Sq Ft
03/23/2020 03/23/20 Pending -- -- --
08/17/2019 08/17/19 For Sale $849,000 -- $306 / 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 $25,623 $890,290 $70,240 $820,050
2024 $25,035 $888,880 $70,240 $818,640
2023 $25,035 $869,350 $0 $0
2022 $23,424 $790,320 $0 $0
2021 $17,582 $718,480 $70,240 $648,240
2020 $13,511 $615,080 $70,240 $544,840
2019 $12,947 $589,580 $70,240 $519,340
2018 $10,874 $613,660 $70,240 $543,420
2017 $9,997 $394,090 $0 $0
2016 $9,609 $358,270 $0 $0
2015 $8,756 $325,700 $0 $0
2014 $7,238 $274,040 $0 $0
2013 -- $321,950 $70,240 $251,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10189839

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-26-30-0260