NOT LISTED FOR SALE

2731 SW 7th St Fort Lauderdale, FL 33312

Melrose Manors Neighborhood

Estimated Value: $485,000 - $600,000

-- Bed
-- Bath
2,155 Sq Ft
$249/Sq Ft Est. Value

Last Sold November 15, 2023

Last sale price $475,940 $221 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,650/month

8 Days on Market

Highlights

  • No HOA
  • Heating System Mounted To A Wall or Window
  • 5-minute walk to Riverland Park
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property

About This Home

As of November 2023

Very nice updated duplex, well maintained in a desired area. Each unit has 2 bedroom, 1 full bath living room, a full kitchen with washer and dryer connection. Great investment opportunity for long term tenants. We required a 24-hours notice for all showings /You can reach out via text or email. Please see the brokers remarks,

Last Agent to Sell the Property

Ivette Davila

IVC Realty Group LLC License #3369177 Listed on: 09/20/2023

Last Buyer's Agent

Harpreet Singh

Core Realty Associates, Inc. License #3450327

Core Realty Associates, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,553

Year Built

  • Built in 1972

Lot Details

  • 7,187

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,155 Sq Ft Home
  • 1-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 2 Units
  • Park Plaza Condos
  • Park Plaza Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504208190720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,553

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1972
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: PARK PLAZA
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 2155
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction, Other
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PARK PLAZA
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 504208190720
  • Zoning: RS-8
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6553

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2023
Closed on
Nov 15, 2023
Sold by
Maurice Frankel and Maurice Lexilia
Bought by
Sung Holdings Llc
Seller's Agent
Ivette Davila
IVC Realty Group LLC
Buyer's Agent
Harpreet Singh
Core Realty Associates, Inc.
List Price
$515,000
Sold Price
$475,940
Premium/Discount to List
-$39,060
-7.58%
Views
107
Current Estimated Value
$537,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,256
Avg. Annual Appreciation
7.04%
Original Mortgage
$315,000
Outstanding Balance
$309,761
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$227,435

Purchase Details

Closed on
Jun 26, 1999
Sold by
Krzak Maksymilian and Krzak Joan Prior
Bought by
Maurice Frankel and Jean Lexilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,926
Interest Rate
7.13%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sung Holdings Llc $476,000 Hsc Title, Llc
Maurice Frankel $99,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sung Holdings Llc $315,000
Previous Owner Maurice Frankel $190,000
Previous Owner Maurice Frankel $98,926
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Sold $475,940 -7.6% $221 / Sq Ft
10/18/2023 10/18/23 For Sale $515,000 0.0% $239 / Sq Ft
09/28/2023 09/28/23 Pending -- -- --
09/20/2023 09/20/23 For Sale $515,000 -- $239 / 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 $8,742 $417,000 $46,800 $370,200
2024 $7,013 $402,010 $21,600 $380,410
2023 $7,013 $109,410 $0 $0
2022 $6,553 $102,900 $0 $0
2021 $6,358 $96,940 $0 $0
2020 $6,197 $149,660 $0 $0
2019 $2,227 $154,270 $0 $0
2018 $1,956 $144,930 $0 $0
2017 $1,838 $78,510 $0 $0
2016 $1,776 $74,800 $0 $0
2015 $1,617 $71,670 $0 $0
2014 $1,539 $68,790 $0 $0
2013 -- $79,670 $21,600 $58,070
Source: Public Records

Agents Affiliated with this Home

  • Ivette Davila

    Seller's Agent in 2023

    Ivette Davila

    IVC Realty Group LLC

    (813) 304-3049

    1 in this area

    7 Total Sales

    Ivette Davila
    Section Image

  • H

    Buyer's Agent in 2023

    Harpreet Singh

    Core Realty Associates, Inc.

    (954) 400-9527

    2 in this area

    14 Total Sales

    Harpreet Singh
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11455920

MIAMI REALTORS® MLS

APN: 50-42-08-19-0720

Florida Broward County Fort Lauderdale 33312 Melrose Manors

2731 SW 7th St, Fort Lauderdale, FL

This home is located at 2731 SW 7th St, Fort Lauderdale, FL 33312 since 20 September 2023 and is currently estimated at $537,196, approximately $249 per square foot. This property was built in 1972. 2731 SW 7th St is a home located in Broward County with nearby schools including Westwood Heights Elementary School, Parkway Middle School, and Stranahan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes