NOT LISTED FOR SALE

Estimated Value: $460,000 - $1,020,000

4 Beds
2 Baths
1,605 Sq Ft
$430/Sq Ft Est. Value

Last Sold February 19, 2019

Last sale price $225,000 $140 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $4,441/month

111 Days on Market

Highlights

  • Newly Remodeled
  • Tile Flooring
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window

About This Home

As of February 2019

Excellent Investment Reduced for quick sell multi-family located in the beautiful city of Delray Beach! This duplex building is located directly across a huge soccer field and just minutes drive from Atlantic Ave! Both units are 2/1's totaling 4 bedrooms and 2 bathrooms. This property sits a few minutes away from highways, restaurants, fitness centers and Florida's sunny beach! With a quality rehab, this property makes an excellent investment and a wonderful opportunity to earn additional income! With little Re-hab value is over 270K

Last Agent to Sell the Property

Zulfiqar Khandwalla

Hertz Realty Network License #703570 Listed on: 09/30/2018

Last Buyer's Agent

Brittany Orr-Balshi

RE/MAX First License #3233390

RE/MAX First

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,162

Year Built

  • Built in 1957 | Newly Remodeled

Lot Details

  • 7,536

Parking

  • 4 Parking Spaces

Home Design

  • Duplex

Interior Spaces

  • 1,605 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Well

Community Details

  • 2 Units
  • Decarie Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434604070000120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,162

Year Built

Built in 1957 | Newly Remodeled

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Google pls
  • Year Built: 1957
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 1
  • Year Built Details: New Construction
  • Special Features: 4098
  • Stories: 1

Interior Features

  • Flooring: Other, Tile
  • Living Area: 1605.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: New Construction
  • Roof: Other

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Other
  • Utilities: Cable Not Available
  • Water Source: Well

Condo/Co-op/Association

  • HOA Rent Includes: None

Lot Info

  • Parcel #: 12434604070000120
  • Zoning Description: RM

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3162.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2018
Closed on
Feb 19, 2019
Sold by
Status Investments Llc
Bought by
Baishi Realty Llc
Seller's Agent
Zulfiqar Khandwalla
Hertz Realty Network
Buyer's Agent
Brittany Orr-Balshi
RE/MAX First
List Price
$249,900
Sold Price
$225,000
Premium/Discount to List
-$24,900
-9.96%
Current Estimated Value
$689,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$464,783
Avg. Annual Appreciation
19.57%

Purchase Details

Closed on
Oct 17, 2018
Sold by
Meridian Trust Llc
Bought by
Status Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 10, 2018
Sold by
Bates Frank Stephen
Bought by
Meridian Trust Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 4, 2005
Sold by
Booth Ervin O and Booth Ernie O
Bought by
Bates Frank Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,600
Interest Rate
5.37%
Mortgage Type
Fannie Mae Freddie Mac
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
Baishi Realty Llc $225,000 Giannell Title Llc
Status Investments Llc $199,000 Giannell Title Llc
Meridian Trust Llc $170,000 Meridian International Title
Bates Frank Stephen $172,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Status Investments Llc $157,000
Previous Owner Bates Frank Stephen $137,600
Previous Owner Booth Ervin O $51,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2019 02/19/19 Sold $225,000 -10.0% $140 / Sq Ft
01/20/2019 01/20/19 Pending -- -- --
09/30/2018 09/30/18 For Sale $249,900 -- $156 / 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
2024 $7,985 $366,240 -- --
2023 $7,536 $332,945 $215,039 $266,285
2022 $6,658 $302,677 $0 $0
2021 $5,909 $292,234 $143,000 $149,234
2020 $5,330 $250,146 $121,000 $129,146
2019 $4,824 $222,522 $115,500 $107,022
2018 $3,250 $182,104 $111,041 $71,063
2017 $3,162 $184,175 $74,027 $110,148
2016 $2,978 $110,157 $0 $0
2015 $2,467 $100,143 $0 $0
2014 $2,279 $91,039 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10143298

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-04-07-000-0120