NOT LISTED FOR SALE

Estimated Value: $618,885 - $804,000

3 Beds
2 Baths
2,400 Sq Ft
$296/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $850,000 $354 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $4,221/month

48 Days on Market

Highlights

  • Cooling Available
  • Concrete Flooring
  • Heating Available

About This Home

As of November 2016

These 4 units in 2 separate duplex's are 75% occupied studios in the heart of Historic Sail Boat Bend of Downtown Ft. Lauderdale. This folio is strictly being sold together with side-by-side Folio: 5042-09-09-0590 which also has 4 1/1 units for a total of 8 units. All individually metered. Plenty of parking and much potential to upgrade/raise rents. DO NOT DISTURB TENANTS. Showings avail to those with proof of funds and confidentiality agrmt/

Last Agent to Sell the Property

Shana Kaplan

Level Realty Partners, LLC License #3326664 Listed on: 09/12/2016

Last Buyer's Agent

Shana Kaplan

Level Realty Partners, LLC License #3326664 Listed on: 09/12/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,666

Year Built

  • Built in 1956

Lot Details

  • 3,136

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring

Utilities

  • Cooling Available
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $71,700
  • Rent includes gardener, pest control, sewer, trash collection
  • Assessor Parcel Number 504209090610

Community Details

Overview

  • 4 Units
  • Waverly Place 2 19 D Subdivision

Building Details

  • Net Operating Income $50,264

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,666

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Year Built: 1956
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Concrete
  • Living Area: 2400.0

Exterior Features

  • Exterior Features: Lighting
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Pest Control, Sewer, Trash Collection

Lot Info

  • Parcel #: 504209090610
  • Zoning Description: RML-25

Multi Family

  • Property Net Operating Income: 50264.0
  • Number Of Units Total: 4
  • Total Actual Rent: 71700.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4666.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2012
Sold by
Wells Fargo Bank N A
Bought by
Federal Home Loan Mortgage Corporation
Current Estimated Value
$709,221

Purchase Details

Closed on
Oct 31, 2011
Sold by
Wage Llc
Bought by
Cathey Elizabeth Lane

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
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 2011
Sold by
Security Bank Na
Bought by
Wage Llc

Purchase Details

Closed on
Jul 12, 2011
Sold by
Properties Invesment & Engineering Inc
Bought by
Security Bank Na

Purchase Details

Closed on
Oct 25, 2007
Sold by
Properties Investment & Engineering Inc
Bought by
Clavijo Miguel A

Purchase Details

Closed on
Mar 3, 2006
Sold by
Jimenez Andrea
Bought by
Properties Investment & Engineering Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,700
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 30, 2004
Sold by
Properties Investment & Engeering Inc
Bought by
Jimenez Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2003
Sold by
Schenck Douglas
Bought by
Properties Investment & Engineering Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
6.13%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 13, 2002
Sold by
King William P and King Vivian
Bought by
Schenck Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,250
Interest Rate
6.3%

Purchase Details

Closed on
Mar 22, 1999
Sold by
King William P and King Vivian
Bought by
King William P and King Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.74%
Mortgage Type
New Conventional
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
Federal Home Loan Mortgage Corporation -- New House Title Llc
Cathey Elizabeth Lane $220,000 Attorney
Wage Llc -- Attorney
Security Bank Na $170,300 None Available
Clavijo Miguel A -- Consolidated Title Company
Properties Investment & Engineering Inc -- None Available
Jimenez Andrea $280,000 --
Properties Investment & Engineering Inc $200,000 Allaqua Title Services
Schenck Douglas $155,000 Prestige Title & Research Co
King William P $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cathey Elizabeth Lane $222,900
Previous Owner Cathey Elizabeth Lane $220,000
Previous Owner Properties Investment & Engineering Inc $675,700
Previous Owner Jimenez Andrea $252,000
Previous Owner Properties Investment & Engineering Inc $196,000
Previous Owner Schenck Douglas $147,250
Previous Owner King William P $92,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2016 11/30/16 Sold $850,000 0.0% $354 / Sq Ft
10/31/2016 10/31/16 Pending -- -- --
09/12/2016 09/12/16 For Sale $850,000 -- $354 / 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 $4,365 $248,380 -- --
2024 $4,256 $241,380 -- --
2023 $4,256 $234,350 $0 $0
2022 $4,021 $227,530 $0 $0
2021 $3,901 $220,910 $0 $0
2020 $3,829 $217,860 $0 $0
2019 $3,508 $212,970 $0 $0
2018 $3,303 $209,000 $0 $0
2017 $3,278 $204,710 $0 $0
2016 $3,296 $200,500 $0 $0
2015 $3,331 $199,110 $0 $0
2014 $3,358 $197,530 $0 $0
2013 -- $195,340 $37,500 $157,840
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10030505

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-15-19-0720