NOT LISTED FOR SALE

Estimated Value: $278,240 - $627,000

6 Beds
3 Baths
2,026 Sq Ft
$231/Sq Ft Est. Value

Last Sold November 06, 2014

Last sale price $114,000 $56 Per Sq Ft

Est. 311% increase in value since last sale

Current estimated payment $3,108/month

98 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Porch
  • Tile Flooring
  • 5-minute walk to Novelty Park

About This Home

As of November 2014

Unit A have been rented to same tenant for 10+ years. Unit B have been rented to same tenant for 6+ years.Unit C is vacant. Market rent for the area is 750 a month. Water on owner. Electric on tenants. Unit C is vacant for showing. Parking area renovated. Roof perfect. A large and easy property that generate cash flow from day one.

Last Listed By

Jorge Zea

MMLS Assoc.-Inactive Member License #3015804 Listed on: 07/09/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,818

Year Built

  • Built in 1972

Lot Details

  • 7,231

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,026 Sq Ft Home
  • 1-Story Property
  • Single Hung Wood Windows
  • Tile Flooring

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Total Actual Rent $19,800
  • Rent includes water
  • Assessor Parcel Number 484235320390

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Monticello Park Amended P Condos
  • Monticello Park Amended P Subdivision

Building Details

  • Operating Expense $5,200
  • Net Operating Income $14,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,818

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1972
  • Property Sub Type: Triplex
  • Architectural Style: Other
  • Directions: FROM I95 GO EAST ON ATLATIC BLVD ==> TURN LEFT AT DIXIE HIGHWAY ==> TURN LEFT AT NW 12TH STREET ==> HOUSE IS ON LEFT SIDE - NO 236.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: MONTICELLO PARK AMENDED P
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2026
  • Possible Use: Unknown/Withheld
  • Stories: 1
  • Window Features: Single Hung Wood

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction, Slab Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MONTICELLO PARK AMENDED P
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 484235320390
  • Zoning: MULTI
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Water

Multi Family

  • Net Operating Income: 14600
  • Number Of Units In Community: 4
  • Annual Operating Expense: 5200
  • Total Actual Rent: 19800

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2014
Closed on
Nov 6, 2014
Sold by
Sorensen Johnny
Bought by
236 Nw 12 St Pompano Llc
Seller's Agent
Jorge Zea
MMLS Assoc.-Inactive Member
Buyer's Agent
Non Fll Agent
NON FLL OFFICE
List Price
$124,900
Sold Price
$114,000
Premium/Discount to List
-$10,900
-8.73%
Total Days on Market
98
Current Estimated Value
$468,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$354,560
Avg. Annual Appreciation
14.32%

Purchase Details

Closed on
May 6, 2014
Sold by
Buybetterhomes Llc
Bought by
12Th Street Trust

Purchase Details

Closed on
Feb 15, 2012
Sold by
Sperling Benjie
Bought by
Buybetterhomes Llc

Purchase Details

Closed on
Jul 27, 2011
Sold by
County Of Broward
Bought by
Sperling Benjie

Purchase Details

Closed on
Oct 3, 2006
Sold by
Thomas Homer and Thomas Johnnie Lee
Bought by
Thomas Homer and Thomas Johnnie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.36%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 1, 1986
Sold by
Available Not
Bought by
Available Not

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
236 Nw 12 St Pompano Llc $114,000 Boca Title Services Llc
12Th Street Trust -- None Available
Buybetterhomes Llc $55,000 Attorney
Sperling Benjie $24,000 None Available
Thomas Homer -- Springs Title Ins Agency
Available Not $7,142 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas Homer $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2014 11/06/14 Sold $114,000 -8.7% $56 / Sq Ft
10/14/2014 10/14/14 Pending -- -- --
07/08/2014 07/08/14 For Sale $124,900 -- $62 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $5,818 $213,300 -- --
2024 $5,454 $213,300 -- --
2023 $5,454 $176,290 $0 $0
2022 $4,608 $160,270 $0 $0
2021 $4,265 $145,700 $0 $0
2020 $3,699 $187,990 $43,500 $144,490
2019 $3,402 $163,310 $43,500 $119,810
2018 $3,131 $156,910 $43,500 $113,410
2017 $2,726 $99,530 $0 $0
2016 $2,438 $90,490 $0 $0
2015 $2,113 $82,270 $0 $0
2014 $1,566 $55,660 $0 $0
2013 -- $55,000 $43,500 $11,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1974878

MIAMI REALTORS® MLS

APN: 48-42-35-32-0390