$85,000
SOLD DEC 5, 2013
-- Bed
-- Bath
3,240 Sq Ft
7,971 Sq Ft Lot

Recently Sold

$26 Per Sq Ft

42% Above List Price

467 Days on Market

Highlights

  • Water Views
  • Balcony
  • Open Patio
  • William T. Dwyer High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring

About This Home

As of December 2013

WOW, INVESTORS DREAM, SLIGHT HANDYMAN BUT TONS OF POTENTIAL. ALSO BUILDING 251 IS ALSO FOR SALE AS WELL. BUY ONE OR BUY BOTH OF THEM. SUCH A GREAT DEAL. GET THE UNITS WHILE THE PRICES ARE STILL LOW. THE BUILDING HAS A TOTOAL OF 4 UNITS. 2 UNITS UPSTAIRS AND 2 UNITS DOWN. EACH BOAST 2 BEDROOMS 1 BATHROOM, TILE FLOORS AND WALL UNIT A/C. PERFECT INCOME PRODUCER. CURRENT RENT IN THE AREA IS $700 PER MONTH FOR EACH UNIT. A TOTAL OF $2,800.00 PER MONTH. TENANTS PAY ELECTRIC AND CABLE. THE OWNER PAYS THE ELECTRIC FOR THE INTERIOR HALLWAY AROUND $20-$30 PER MONTH AND ALSO PAYS THE WATER CONNECTION MONTHLY OF THE UNITS WITHOUT TENANTS COST IS AROUND $13-$20 PER UNIT. THE OWNER ALSO PAYS THE WATER BILL OF AROUND $200 PER MONTH. UNIT 3 HAS A LEASE AND NO SECURIT... (see supplement for full remarks)

Last Agent to Sell the Property

Amos Gracius PA

Regency Realty Services License #3081486 Listed on: 07/25/2012

Regency Realty Services

Last Buyer's Agent

Amos Gracius PA

Regency Realty Services License #3081486 Listed on: 07/25/2012

Regency Realty Services

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1962

Home Design

  • Fixer Upper
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,240 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring
  • Water Views

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $8,400
  • Rent includes electricity, cable TV
  • Assessor Parcel Number 56434228050040121

Community Details

Overview

  • 4 Units
  • Blue Heron Park 01 Subdivision

Building Details

  • Operating Expense $3,480
  • Net Operating Income $4,920

Property Details

Home Type

Multi-Family

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: I-95 TO BLUE HERON, E PAST OLD DIXIE HWY TO UNIT 355 PROPERTY ON THE RIGHT
  • Year Built: 1962
  • Unit Levels: Two
  • Building Stories: 2
  • Special Features: 12
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 3240.0

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Fixer
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Electricity, Cable TV
  • Senior Community: No

Lot Info

  • Parcel #: 56434228050040121
  • Zoning Description: Op

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 4920.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 3480.0
  • Total Actual Rent: 8400.0

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2301.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2021
Sold by
Hinds Paul and Leibra Anthony
Bought by
355 West Blue Heron Llc
Current Estimated Value
$1,015,500

Purchase Details

Closed on
Feb 6, 2015
Sold by
Knight Evelyn and Hinds Paul
Bought by
Hinds Paul

Purchase Details

Listed on
Aug 1, 2013
Closed on
Dec 5, 2013
Sold by
St Fleur Jean Charles and St Fleur Marie M
Bought by
Knight Evelyn
Seller's Agent
Amos Gracius PA
Regency Realty Services
Buyer's Agent
Amos Gracius PA
Regency Realty Services
List Price
$59,900
Sold Price
$85,000
Premium/Discount to List
$25,100
41.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.02%

Purchase Details

Closed on
Jul 21, 2000
Sold by
Wallace Jereta A
Bought by
St Fleur Jean C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,250
Interest Rate
8.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 1996
Sold by
Brown Wilbert K and Brown Diane M
Bought by
Wallace Jereta A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,542
Interest Rate
7.93%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed -- Attorney
Warranty Deed -- None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed $85,000 Family Escrow & Title Inc
Warranty Deed $155,000 --
Warranty Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $150,000 Unknown
Previous Owner $100,750 Unknown
Previous Owner $85,250 New Conventional
Previous Owner $90,542 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2013 12/05/13 Sold $85,000 0.0% $26 / Sq Ft
12/05/2013 12/05/13 Sold $85,000 +41.9% $26 / Sq Ft
11/05/2013 11/05/13 Pending -- -- --
11/05/2013 11/05/13 Pending -- -- --
08/01/2013 08/01/13 For Sale $59,900 0.0% $18 / Sq Ft
07/25/2012 07/25/12 For Sale $59,900 -- $18 / Sq Ft
Source: BeachesMLS

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 $8,062 $351,018 -- --
2023 $7,671 $319,107 $0 $0
2022 $6,536 $290,097 $0 $0
2021 $4,339 $194,993 $45,724 $149,269
2020 $4,040 $182,220 $45,724 $136,496
2019 $3,856 $180,073 $43,577 $136,496
2018 $3,509 $172,615 $42,286 $130,329
2017 $3,286 $159,654 $43,736 $115,918
2016 $2,865 $108,917 $0 $0
2015 $2,664 $99,015 $0 $0
2014 $2,716 $97,754 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R3298261

BeachesMLS

APN: 56-43-42-28-05-004-0121