NOT LISTED FOR SALE

Estimated Value: $260,000 - $329,000

2 Beds
2 Baths
1,133 Sq Ft
$763/mo HOA Fee

Last Sold July 26, 2024

Last sale price $255,000 $225 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,786/month

125 Days on Market

Highlights

  • Gated Community
  • River View
  • Screened Porch
  • Fort Lauderdale High School Rated A
  • Clubhouse
  • 5-minute walk to Cherry Creek Park

About This Home

As of July 2024

CASH BUYER'S ONLY - Unique opportunity for flippers, investors or someone looking for a second home in Fort Lauderdale. Currently the building is undergoing the 50 yrs certification. Seller paid All special assessments in full, including an additional amount for contingencies. The unit is currently rented until 04/30/25 for $1,800.00 a month, which will easily cover the first year of the two-year waiting period for rent. The last remodeled unit sold was $400,000 giving ample ARV value for remodeling. Once the building's upgrades are done prices will increase substantially. BOATERS - if you own a small boat, you can use the community dock. Please check the fixed bridges for clearance, as only small boats may go through. You can also do paddling or kayaking from the community's dock.

Last Agent to Sell the Property

Juan Cabrera

LoKation License #3282396 Listed on: 02/25/2024

LoKation

Co-Listed By

Maria Galligan

LoKation License #503175

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,976

Year Built

  • Built in 1972

Lot Details

  • River Front
  • Fenced

HOA Fees

  • $763 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 1,133 Sq Ft Home
  • Furnished or left unfurnished upon request
  • Screened Porch
  • River Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

Schools

  • Wilton Manors Elementary School
  • Sunrise Middle School
  • Fort Lauderdale High School

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 494226AC0110

Community Details

Overview

  • Association fees include common areas, insurance, laundry, pool(s), sewer, trash, water
  • River Terrace Condo Subdivision
  • 7-Story Property

Amenities

  • Clubhouse
  • Laundry Facilities
  • Elevator

Security

  • Gated Community
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,976

Year Built

Built in 1972

Lot Details

0

HOA Fees

$763 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Please use your GPS. Entrance is the left gate of the complex, gate #1, north side. Gate could be open, otherwise wait until a car leaves or enters the community. Drive to the end and turn right. Go to next building, park in guest spots..
  • Year Built: 1972
  • Carport Y N: No
  • Entry Level: 2
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry, Main Living Area Entry Level, Other, Elevator
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Furnished: Negotiable
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Other, Tile
  • Living Area: 1133.0
  • Stories: 7
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Fence
  • View: River
  • View: Yes
  • Waterfront Features: Dock Access, Other, River Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: One Space

Utilities

  • Laundry Features: Common Area
  • Security: Complex Fenced, Elevator Secured, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 2290.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Boat Dock, Clubhouse, Laundry, Other, Elevator(s)
  • Association #2 Fee: 763.0
  • Association Fee Frequency: Quarterly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Laundry, Pool(s), Sewer, Trash, Water

Schools

  • Elementary School: Wilton Manors
  • High School: Fort Lauderdale
  • Middle Or Junior School: Sunrise

Lot Info

  • Parcel #: 494226AC0110

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4976.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 25, 2024
Closed on
Jul 26, 2024
Sold by
Mckenna Patrick and Svetz James
Bought by
Davudoglu Kutay
Seller's Agent
Juan Cabrera
LoKation
List Price
$298,000
Sold Price
$255,000
Premium/Discount to List
-$43,000
-14.43%
Views
140
Current Estimated Value
$292,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,899
Avg. Annual Appreciation
4.56%

Purchase Details

Listed on
Feb 16, 2016
Closed on
Apr 21, 2016
Sold by
Brand Marcia E and Brandt Pinter Marcia E
Bought by
Mckenna Patrick and Svetz James
Seller's Agent
Stephen Gray
RE/MAX Experience
Buyer's Agent
Linda Seitel
One Sotheby's Int'l Realty
List Price
$169,500
Sold Price
$159,500
Premium/Discount to List
-$10,000
-5.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.84%
Original Mortgage
$119,625
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 16, 2016
Closed on
Apr 13, 2016
Sold by
Brandt John T and The Anne M Brandt Revocable T
Bought by
Brandt Marcia E
Seller's Agent
Stephen Gray
RE/MAX Experience
Buyer's Agent
Linda Seitel
One Sotheby's Int'l Realty
List Price
$169,500
Sold Price
$159,500
Premium/Discount to List
-$10,000
-5.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,625
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2011
Sold by
Brandt John and Brandt Anne M
Bought by
Brandt Anne M

Purchase Details

Closed on
Sep 18, 2006
Sold by
Brandt Anne M
Bought by
Brandt John T and Brandt Anne M

Purchase Details

Closed on
Jul 1, 1990
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
Davudoglu Kutay $255,000 None Listed On Document
Mckenna Patrick $159,500 Attorney
Brandt Marcia E -- Attorney
Brandt Anne M -- Attorney
Brandt John T -- Attorney
Available Not $7,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckenna Patrick $119,625
Previous Owner Brandt Marcia E $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $255,000 -1.9% $225 / Sq Ft
06/29/2024 06/29/24 Pending -- -- --
06/24/2024 06/24/24 Price Changed $259,900 -9.9% $229 / Sq Ft
06/02/2024 06/02/24 Price Changed $288,500 0.0% $255 / Sq Ft
04/23/2024 04/23/24 Rented $1,800 -99.4% --
03/18/2024 03/18/24 Under Contract -- -- --
02/25/2024 02/25/24 Price Changed $289,000 -3.0% $255 / Sq Ft
02/25/2024 02/25/24 For Sale $298,000 0.0% $263 / Sq Ft
02/24/2024 02/24/24 For Rent $1,800 -18.2% --
03/01/2023 03/01/23 Rented $2,200 0.0% --
12/11/2022 12/11/22 For Rent $2,200 0.0% --
05/12/2022 05/12/22 For Rent $2,200 0.0% --
05/12/2022 05/12/22 Rented $2,200 +15.8% --
01/17/2022 01/17/22 Rented $1,900 0.0% --
12/18/2021 12/18/21 Under Contract -- -- --
09/24/2021 09/24/21 For Rent $1,900 +26.7% --
08/28/2020 08/28/20 Rented $1,500 0.0% --
07/29/2020 07/29/20 Under Contract -- -- --
05/11/2020 05/11/20 For Rent $1,500 -21.0% --
01/15/2020 01/15/20 Rented $1,899 +5.5% --
12/16/2019 12/16/19 Under Contract -- -- --
11/12/2019 11/12/19 For Rent $1,800 0.0% --
04/21/2016 04/21/16 Sold $159,500 -5.9% $141 / Sq Ft
03/22/2016 03/22/16 Pending -- -- --
02/16/2016 02/16/16 For Sale $169,500 -- $150 / 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 $5,707 $282,260 $28,230 $254,030
2024 $4,976 $282,260 $28,230 $254,030
2023 $4,976 $219,470 $21,950 $197,520
2022 $4,643 $206,900 $20,690 $186,210
2021 $4,728 $213,510 $21,350 $192,160
2020 $2,771 $163,350 $0 $0
2019 $2,681 $159,680 $0 $0
2018 $2,574 $156,710 $15,670 $141,040
2017 $3,492 $157,420 $0 $0
2016 $2,408 $143,280 $0 $0
2015 $1,994 $142,290 $0 $0
2014 $1,190 $84,070 $0 $0
2013 -- $124,230 $12,420 $111,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10425725

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-26-AC-0110