NOT LISTED FOR SALE

2400 NE 48th St Lighthouse Point, FL 33064

Estimated Value: $1,462,000 - $1,584,000

0.25 Acre
$6,002,440 Price per Acre
10,890 Sq Ft Lot

Last Sold September 16, 2013

Last sale price $550,000 $57 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $9,489/month

710 Days on Market

About This Lot

As of September 2013

EXCEPTIONAL PRICED INTERIOR POINT LOT WITH 190' OF PRIME WATERFRONT ON TWO INTERSECTING CANALS IN ELEGANT LIGHTHOUSE POINT! A GREAT opportunity TO BUILD YOUR DREAM ESTATE OR REMODEL THIS WELL LOCATED EASY HOME ON TWO CANALS THAT CAPTURES ENDLESS BREEZES F ROM TWO DIRECTIONS! MULTIPLE PRELIMINARY PLANS FOR 4000- 6000 SQ FOOT HOMES AVAILABLE, INCLUDING SOIL BORINGS ALL TO FIT THIS EXTRAORDINARY LOT!

Last Listed By

Thomas Schon

Coldwell Banker Realty License #397344 Listed on: 09/06/2011

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,861

Year Built

  • Built in 1959

Lot Details

  • 0.25 Acre Lot
  • 190 Feet of Waterfront
  • Waterfront Tip Lot
  • Home fronts a canal
  • North Facing Home
  • Corner Lot
  • Paved or Partially Paved Lot
  • Site Plan Filed

Home Design

  • 9,637 Sq Ft Home

Additional Features

  • City Lot
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484318080270

Community Details

Overview

  • Coral Key Villas 5Th Subdivision

Recreation

  • No Fixed Bridges

Property Details

Property Type

Land

Est. Annual Taxes

$9,861

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential
  • Directions: FEDERAL HIGHWAY TO NE 48 STREET IN LIGHTHOUSE POINT EAST TO PROPERTY
  • Year Built: 1959
  • Special Features: None

Exterior Features

  • Road Frontage Type: Waterfront
  • Lot Features: Corner Lot, City Lot, Dead End, < 1/4 Acre
  • Road Surface Type: Paved
  • Waterfront Features: Beach Access, Canal Front, Dock Access, Intersecting Canal, No Fixed Bridges, Point Lot, Water Access
  • Waterfront: Yes
  • Direction Faces: North

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Public

Lot Info

  • Parcel #: 484318080270
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.25
  • Number Of Lots: 1
  • Zoning Description: RESIDENT

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 9861.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2011
Closed on
Sep 12, 2013
Sold by
Milano Pasquale
Bought by
Karam Janee M
Seller's Agent
Thomas Schon
Coldwell Banker Realty
Buyer's Agent
Serafina Martell
Sera Martell Realty Inc
List Price
$589,000
Sold Price
$550,000
Premium/Discount to List
-$39,000
-6.62%
Total Days on Market
710
Current Estimated Value
$1,500,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$950,610
Avg. Annual Appreciation
9.06%

Purchase Details

Closed on
Mar 18, 2011
Sold by
Featherstone Gerard and Featherstone Marlene
Bought by
Milano Pasquale

Purchase Details

Closed on
Sep 17, 2002
Sold by
Orihood Glenn M
Bought by
Featherstone Gerard and Featherstone Marlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.3%

Purchase Details

Closed on
Apr 1, 1988
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
Karam Janee M $550,000 Attorney
Milano Pasquale $525,000 Attorney
Featherstone Gerard $530,000 --
Available Not $7,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Featherstone Gerard $200,000
Previous Owner Featherstone Gerard $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2013 09/16/13 Sold $550,000 -6.6% $57 / Sq Ft
08/17/2013 08/17/13 Pending -- -- --
09/06/2011 09/06/11 For Sale $589,000 -- $61 / 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 $13,075 $698,850 -- --
2024 $12,564 $679,180 -- --
2023 $12,564 $658,820 $0 $0
2022 $11,727 $639,640 $0 $0
2021 $11,422 $621,010 $0 $0
2020 $11,193 $612,440 $0 $0
2019 $11,004 $598,680 $0 $0
2018 $10,403 $587,520 $0 $0
2017 $10,277 $575,440 $0 $0
2016 $10,295 $563,610 $0 $0
2015 $10,120 $559,700 $0 $0
2014 $10,888 $548,800 $0 $0
2013 -- $511,530 $433,670 $77,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1151860

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-18-08-0270