NOT LISTED FOR SALE

Estimated Value: $786,000 - $1,002,558

4 Beds
4 Baths
2,338 Sq Ft
$402/Sq Ft Est. Value

Last Sold December 04, 2019

Last sale price $610,000 $261 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $6,233/month

88 Days on Market

Highlights

  • Zoned Heating and Cooling
  • Fenced
  • Heat Pump System
  • Concrete Flooring

About This Home

As of December 2019

DESIRABLE WELL MAINTAINED CROISSANT PARK FOUR ONE BEDROOM UNITS...ALWAYS RENTED ON THIS QUITE RESIDENTIAL STREET...KITCHENS UPGRADED...NEWER ROOF...FOUR NEW A/C HIGHT EFFICIENCY MAYTAG UNITS...ALL NEWER SECURITY DOORS WITH CODED KEYLESS PADS...COIN OPERATED WASHER & DRYER...OPERATED AS FULLY FURNISHED WITH ALL UTILITIES ADDED TO RENT...INCLUDES ELECRTIC, CABLE TV/ INTERNET...FURNITURE/FURNISHINGS NOT INCLUDED IN PRICING...PLEASE DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Michael Murray

Good Service Realty, Inc. License #3198124 Listed on: 08/07/2019

Co-Listed By

Ingeborg Leatherbury

Good Service Realty, Inc. License #051071

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,521

Year Built

  • Built in 1965

Lot Details

  • Fenced

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 2,338 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Casement Windows
  • Concrete Flooring

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $72,000
  • Rent includes gardener, hot water, pest control, sewer, trash collection, water
  • Assessor Parcel Number 504215030720

Community Details

Overview

  • 2 Units
  • Croissant Park Subdivision

Building Details

  • Net Operating Income $48,978

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,521

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: ONE BLOCK NORTH OF S.W. 17th STREET & S.W. 4th AVENUE...TURN EAST ON 16th COURT...SECOND BUILDING ON NORTH SIDE OF STREET.
  • Year Built: 1965
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Concrete
  • Living Area: 2338.0
  • Window Features: Blinds, Casement Window(s)

Exterior Features

  • Exterior Features: Fence, Security/High Impact Doors
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 504215030720
  • Zoning Description: RM-15

Multi Family

  • Property Net Operating Income: 48978.0
  • Number Of Units Total: 2
  • Total Actual Rent: 72000.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6521.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2019
Closed on
Dec 4, 2019
Sold by
Parker Dottie J
Bought by
Lancerline Financial Llc
Seller's Agent
Michael Murray
Good Service Realty, Inc.
List Price
$645,000
Sold Price
$610,000
Premium/Discount to List
-$35,000
-5.43%
Current Estimated Value
$940,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,640
Avg. Annual Appreciation
8.76%
Original Mortgage
$488,000
Interest Rate
3.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 2, 1998
Sold by
Pelletier Henri D
Bought by
Parker Dottie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,800
Interest Rate
7.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 29, 1994
Sold by
Wilhelmsen Hedi
Bought by
Pelletier Henri D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
8.28%
Mortgage Type
Commercial
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
Lancerline Financial Llc $610,000 Attorney
Parker Dottie J $141,000 --
Pelletier Henri D $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lancerline Financial Llc $525,000
Closed Lancerline Financial Llc $488,000
Previous Owner Parker Dottie J $122,000
Previous Owner Parker Dottie J $112,800
Previous Owner Pelletier Henri D $88,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2019 12/04/19 Sold $610,000 -5.4% $261 / Sq Ft
11/04/2019 11/04/19 Pending -- -- --
08/07/2019 08/07/19 For Sale $645,000 -- $276 / 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 $13,298 $675,400 -- --
2024 $13,042 $614,000 $33,750 $580,250
2023 $13,042 $593,490 $33,750 $559,740
2022 $12,632 $583,670 $0 $0
2021 $11,561 $530,610 $33,750 $496,860
2020 $11,501 $530,220 $33,750 $496,470
2019 $6,518 $365,640 $33,750 $331,890
2018 $5,400 $287,530 $33,750 $253,780
2017 $5,005 $196,090 $0 $0
2016 $4,698 $178,270 $0 $0
2015 $4,221 $162,070 $0 $0
2014 $3,952 $147,340 $0 $0
2013 -- $150,320 $33,750 $116,570
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10188522

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-15-03-0720