NOT LISTED FOR SALE

3048 NE 2nd Terrace Unit 1-3 Wilton Manors, FL 33334

Estimated Value: $590,000 - $818,000

-- Bed
2 Baths
1,748 Sq Ft
$410/Sq Ft Est. Value

Last Sold May 05, 2015

Last sale price $275,000 $157 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $5,036/month

83 Days on Market

Highlights

  • Above Ground Pool
  • Patio
  • Carpet
  • Fort Lauderdale High School Rated A
  • Central Heating and Cooling System

About This Home

As of May 2015

CASH COW TRIPLEX, WITH STATE OF ART PAYING TENANTS, HUGE CORNER PROPERTY, TWO UNITS WITH TWO BEDROOMS AND ONE BATHROOM, MIDDLE UNIT HAS A FLORIDA ROOM AND PRIVATE GARAGE, ALSO A SECLURED EFFICIENCY/STUDIO, SUPER PRIVATE PROPERTY, EASY ACCESS TO OAKLAN D PARK BLVD, MINUTES TO WILTON DR/ WILTON MANORS, MINUTES TO THE BEACH AND DOWN TOWN FORT LAUDERDALE, NEAR ALL THE SHOPPING AREA, NEAR FUTURE WAL-MART, CLOSE TO GREAT RESTAURANT AND BARS. FULLY OCCUPIED, DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Reinaldo Cunha

Alrei Real Estate Services LLC License #3227983 Listed on: 01/11/2015

Co-Listed By

Eyal Halali

Gala Real Estate Services License #3247852

Last Buyer's Agent

Eyal Halali

Re/Max Preferred

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,267

Year Built

  • Built in 1961

Lot Details

  • 8,494

Parking

  • 5 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,748 Sq Ft Home
  • 1-Story Property
  • Blinds

Flooring

  • Carpet
  • Vinyl

Pool

  • Above Ground Pool
  • Room in yard for a pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • Sprinkler System

Community Details

  • 4 Units
  • Almar Estates Resub Subdivision

Listing and Financial Details

  • Total Actual Rent $33,600
  • Rent includes gardener
  • Assessor Parcel Number 494227171260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,267

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: OAKLAND PARK BLVD AND NE 2ND TERRACE, JUST SOUTH ON RIGHT.
  • Year Built: 1961
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Carpet, Vinyl
  • Living Area: 1748.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Lighting, Patio, Room For Pool
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Above Ground, Pool
  • Waterfront: No
  • Construction Type: Shingle Siding
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Gardener

Lot Info

  • Parcel #: 494227171260
  • Zoning Description: RD-12

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 4267.0

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 33600.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2015
Closed on
May 4, 2015
Sold by
Mad Cow Properties Llc
Bought by
Davis Partners Realty #1 Llc Park
Seller's Agent
Reinaldo Cunha
Alrei Real Estate Services LLC
Buyer's Agent
Eyal Halali
Re/Max Preferred
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$734,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,017
Avg. Annual Appreciation
10.26%

Purchase Details

Closed on
Apr 27, 2011
Sold by
Halali Eyal E
Bought by
Mad Cow Properties Llc

Purchase Details

Closed on
Jun 10, 2005
Sold by
Suter Patrick J and Suter Ann
Bought by
Mungalsingh Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.17%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 7, 2003
Sold by
Suter Ann and Suter Patrick J
Bought by
Suter Patrick J and Suter Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
5.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 3, 1993
Sold by
Sager Marian R
Bought by
Koberstein Ann E and Roberts Joyce Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,665
Interest Rate
7.45%
Mortgage Type
FHA
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
Davis Partners Realty #1 Llc Park $275,000 None Available
Mad Cow Properties Llc -- Attorney
Mungalsingh Steve $360,000 Floridian Home Title Corp
Suter Patrick J -- Florida Express Title Svcs
Koberstein Ann E $98,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mungalsingh Steve $324,000
Previous Owner Suter Patrick J $154,000
Previous Owner Suter Patrick J $35,000
Previous Owner Koberstein Ann E $97,665
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2015 05/05/15 Sold $275,000 0.0% $157 / Sq Ft
04/05/2015 04/05/15 Pending -- -- --
01/11/2015 01/11/15 For Sale $275,000 -- $157 / 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 $12,201 $596,060 -- --
2024 $11,219 $541,880 $67,880 $474,000
2023 $11,219 $495,950 $0 $0
2022 $10,073 $450,870 $0 $0
2021 $9,127 $409,890 $0 $0
2020 $8,430 $387,150 $67,880 $319,270
2019 $7,604 $340,640 $67,880 $272,760
2018 $7,299 $364,020 $67,880 $296,140
2017 $6,537 $279,980 $0 $0
2016 $6,059 $254,530 $0 $0
2015 $4,641 $184,380 $0 $0
2014 -- $167,910 $0 $0
2013 -- $158,130 $68,980 $89,150
Source: Public Records

Agents Affiliated with this Home

  • Reinaldo Cunha

    Seller's Agent in 2015

    Reinaldo Cunha

    Alrei Real Estate Services LLC

    (754) 281-5368

    2 in this area

    36 Total Sales

    Section Image
  • Eyal Halali

    Seller Co-Listing Agent in 2015

    Eyal Halali

    Gala Real Estate Services

    (954) 557-2217

    9 in this area

    35 Total Sales

    Section Image

  • E

    Buyer's Agent in 2015

    Eyal Halali

    Re/Max Preferred

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1323038

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-27-17-1260

Florida Broward County Wilton Manors 33334

3048 NE 2nd Terrace Unit 1-3, Wilton Manors, FL

This home is located at 3048 NE 2nd Terrace Unit 1-3, Wilton Manors, FL 33334 since 11 January 2015 and is currently estimated at $716,601, approximately $409 per square foot. This property was built in 1961. 3048 NE 2nd Terrace Unit 1-3 is a home located in Broward County with nearby schools including Wilton Manors Elementary School, Sunrise Middle School, and Fort Lauderdale 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.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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