NOT LISTED FOR SALE

Estimated Value: $189,000 - $200,000

3 Beds
2 Baths
852 Sq Ft
$230/Sq Ft Est. Value

Last Sold July 17, 2015

Last sale price $266,000 $312 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $1,511/month

113 Days on Market

About This Home

As of July 2015

9% cap rate WITH THE POTENTIAL TO INCREASE. Excellent investor opportunity . Three 2 bedrooms 2 baths Corner unit in a small Condo Complex new central A/C in each unit, two unit are rent $950 to great tenant one unit is owner occupied ( unit can be rent r ight away at $1050$ per month.Building as a new roof very low maintenance fee of $147/month per unit.Tenants pays all utilities.One unit is vacant easy to show .Call agent for showing .

Last Agent to Sell the Property

Nancy Arseneault

Reaction Realty Group, Inc. License #3194963 Listed on: 02/24/2015

Reaction Realty Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,071

Year Built

  • Built in 1965

Lot Details

  • 958

HOA Fees

  • $147 Monthly HOA Fees

Parking

  • 3 Parking Spaces

Home Design

  • Triplex

Interior Spaces

  • 852 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Tile

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $34,200
  • Rent includes gardener, pest control, sewer, trash collection, water
  • Assessor Parcel Number 514216BA0160

Community Details

Overview

  • 4 Units
  • Largus Condo Subdivision

Building Details

  • Net Operating Income $25,857

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,071

Year Built

Built in 1965

Lot Details

0

HOA Fees

$147 per month

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Year Built: 1965
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Unknown
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile, Wood
  • Living Area: 852.0

Exterior Features

  • Lot Features: Other
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Unknown
  • Roof: Other

Garage/Parking

  • Total Parking Spaces: 3.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Not Available

Condo/Co-op/Association

  • Association Fee: 147.0
  • HOA Rent Includes: Gardener, Pest Control, Sewer, Trash Collection, Water
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 514216BA0160
  • Zoning Description: NONE

Multi Family

  • Property Net Operating Income: 25857.0
  • Number Of Units Total: 4
  • Total Actual Rent: 34200.0

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 1071.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2015
Closed on
Jul 15, 2015
Sold by
Pajer Alfred and Heckman Theresa
Bought by
Hussni Sara
Seller's Agent
Nancy Arseneault
Reaction Realty Group, Inc.
List Price
$273,000
Sold Price
$266,000
Premium/Discount to List
-$7,000
-2.56%
Current Estimated Value
$196,248

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$69,752
Avg. Annual Appreciation
-2.91%

Purchase Details

Closed on
Mar 15, 2010
Sold by
Asselin Linda
Bought by
Pajer Alfred and Heckman Theresa

Purchase Details

Closed on
Feb 23, 2006
Sold by
Wolf Charles and Wolf Frank
Bought by
Asselin Linda and Asselin Lynda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,000
Interest Rate
5.66%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 4, 2002
Sold by
Hannon Edith C
Bought by
Wolf Charles and Wolf Frank

Purchase Details

Closed on
Sep 1, 1992
Sold by
Available Not
Bought by
Available Not
Source: Public Records

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
Hussni Sara $88,666 Progressive Title Ins Agency
Pajer Alfred $47,500 Attorney
Asselin Linda $140,000 Attorney
Wolf Charles $53,000 --
Available Not $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Asselin Linda $42,000
Previous Owner Asselin Linda $98,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2015 07/17/15 Sold $266,000 -2.6% $312 / Sq Ft
06/17/2015 06/17/15 Pending -- -- --
02/24/2015 02/24/15 For Sale $273,000 -- $320 / 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 $4,004 $173,990 -- --
2024 $3,653 $173,990 -- --
2023 $3,653 $143,800 $0 $0
2022 $3,203 $130,730 $0 $0
2021 $2,860 $118,850 $0 $0
2020 $2,624 $115,890 $11,590 $104,300
2019 $2,486 $110,790 $11,080 $99,710
2018 $2,179 $91,600 $9,160 $82,440
2017 $1,935 $81,190 $0 $0
2016 $1,871 $76,540 $0 $0
2015 $1,355 $46,160 $0 $0
2014 $1,135 $41,970 $0 $0
2013 -- $39,440 $3,940 $35,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: H924260

BeachesMLS (Greater Fort Lauderdale)

APN: 51-42-16-BA-0160