NOT LISTED FOR SALE

Estimated Value: $4,353,772

2.14 Acres
$2,034,473 Price per Acre
93,218 Sq Ft Lot

Last Sold August 01, 2015

Last sale price $2,045,000 $22 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $30,468/month

27 Days on Market

About This Lot

As of August 2015

This home is located at 3500 N Powerline Rd, Pompano Beach, FL 33069 since 04 June 2015 and is currently estimated at $4,353,772, approximately $46 per square foot. This property was built in 2000. 3500 N Powerline Rd is a home located in Broward County with nearby schools including Charles Drew Elementary School, Crystal Lake Middle School, and Blanche Ely High School.

Last Agent to Sell the Property

Daniel Otten

Local Real Estate Co License #3493832 Listed on: 06/04/2015

Last Buyer's Agent

Daniel Otten

One Investment Group

Property Details

Property Type

  • Land

Year Built

  • Built in 2000

Lot Details

  • 2.14 Acre Lot
  • Lot Dimensions are 260x400
  • Property fronts a state road
  • Corner Lot
  • Property is zoned B2

Home Design

  • 93,128 Sq Ft Home

Utilities

  • Underground Utilities
  • Cable TV Available

Community Details

  • Trinity Acres Subdivision
  • Net Operating Income $95,000

Listing and Financial Details

  • Assessor Parcel Number 484222500010

Property Details

Property Type

Land

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Multi Family
  • Year Built: 2000
  • Special Features: None

Exterior Features

  • Lot Features: Business Park, Central Business District, Corner Lot
  • Road Frontage Type: County Road, State Road
  • Waterfront: No

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Trash Collection, Underground Utilities
  • Water Source: Public

Lot Info

  • Parcel #: 484222500010
  • Current Use: Other
  • Lot Size Acres: 2.14
  • Lot Size: 260x400
  • Lot Size Sq Ft: 93128.0
  • Number Of Lots: 1
  • Zoning Description: B2
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 95000.0

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 54351.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2015
Closed on
Jul 28, 2015
Sold by
Clarendon Properties Inc
Bought by
Pompano Tc Llc
Seller's Agent
Daniel Otten
Local Real Estate Co
Buyer's Agent
Daniel Otten
One Investment Group
List Price
$2,200,000
Sold Price
$2,045,000
Premium/Discount to List
-$155,000
-7.05%
Current Estimated Value
$4,353,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,308,772
Avg. Annual Appreciation
7.72%
Original Mortgage
$1,636,000
Outstanding Balance
$1,287,142
Interest Rate
4.04%
Mortgage Type
Commercial
Estimated Equity
$3,066,630

Purchase Details

Closed on
Aug 2, 2011
Sold by
Faulkner Associates Of Fl Inc
Bought by
Clarendon Properties Inc

Purchase Details

Closed on
Mar 28, 2001
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Apr 20, 2000
Sold by
Metcalf John T and Metcalf Daniel L
Bought by
Porcelanosa Florida Corp

Purchase Details

Closed on
Sep 16, 1997
Sold by
Trinity Property And Development
Bought by
Galaxy Development Inc

Purchase Details

Closed on
May 30, 1993
Sold by
Mcjunkin J Morgan and Mcjunkin Eugenia A
Bought by
Trinity Prop Dev Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.42%
Mortgage Type
Commercial
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
Pompano Tc Llc $2,045,000 Attorney
Clarendon Properties Inc -- None Available
Available Not $2,400,000 --
Porcelanosa Florida Corp $150,000 --
Galaxy Development Inc $400,000 --
Trinity Prop Dev Inc $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pompano Tc Llc $1,636,000
Previous Owner Trinity Prop Dev Inc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2015 08/01/15 Sold $2,045,000 -7.0% $22 / Sq Ft
07/02/2015 07/02/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $2,200,000 -- $24 / 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 $88,616 $3,835,510 -- --
2024 $79,683 $3,835,510 $652,670 $2,639,170
2023 $79,683 $3,169,850 $0 $0
2022 $67,908 $2,881,690 $652,670 $2,229,020
2021 $63,240 $2,695,260 $652,670 $2,042,590
2020 $58,522 $2,509,080 $652,670 $1,856,410
2019 $55,872 $2,359,930 $652,670 $1,707,260
2018 $54,735 $2,355,000 $652,670 $1,702,330
2017 $52,356 $2,310,000 $0 $0
2016 $54,155 $2,451,690 $0 $0
2015 $51,211 $2,228,950 $0 $0
2014 $58,525 $2,541,000 $0 $0
2013 -- $2,550,490 $652,670 $1,897,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1343979

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-22-50-0010