NOT LISTED FOR SALE

Estimated Value: $731,000 - $1,776,562

-- Bed
-- Bath
3,509 Sq Ft
$318/Sq Ft Est. Value

Last Sold December 02, 2015

Last sale price $570,000 $162 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $7,391/month

196 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • 3-minute walk to James Ales Memorial Park

About This Home

As of December 2015

Huge Price Reduction for quick sale (2) contiguous 4plexes (must be sold together) The tenants are responsible for Water & Electric. Extremely strong rental market - always very low vacancy and properties rarely trade. Each unit is 877 SF on avg. Due to the properties being considered residential (2-4 units) mortgage rates and terms are very attractive. Note the most recent sales were at $75K and $80K per unit within the area. Property has upside as rent for the (2/1) apts go as high as $900/mth.

Last Agent to Sell the Property

Peter Dacko

Media Realty License #0600065 Listed on: 04/20/2015

Last Buyer's Agent

Peter Dacko

Media Realty License #0600065 Listed on: 04/20/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,990

Year Built

  • Built in 1973

Lot Details

  • 6,273

Parking

  • 10 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,509 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $81,600
  • Rent includes trash collection
  • Assessor Parcel Number 504126190570

Community Details

Overview

  • 4 Units
  • Playland Village Sec 4 52 Subdivision, 2 Contiguous 4Plexes Floorplan

Building Details

  • Net Operating Income $40,924

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,990

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Year Built: 1973
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 3509.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 10.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Trash Collection

Lot Info

  • Parcel #: 504126190570
  • Zoning Description: RAC-ND4

Multi Family

  • Property Net Operating Income: 40924.0
  • Number Of Units Total: 4
  • Total Actual Rent: 81600.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 12990.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2020
Sold by
Path Equity Llc
Bought by
Afaneh Llc
Current Estimated Value
$1,115,141

Purchase Details

Listed on
Apr 20, 2015
Closed on
Dec 3, 2015
Sold by
3711-21 Llc
Bought by
Path Equity Llc
Seller's Agent
Peter Dacko
Media Realty
Buyer's Agent
Peter Dacko
Media Realty
List Price
$644,900
Sold Price
$570,000
Premium/Discount to List
-$74,900
-11.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.95%
Original Mortgage
$400,000
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 13, 2006
Sold by
Strickland Keith M and Strickland Patricia A
Bought by
3711-21 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
8%
Mortgage Type
Seller Take Back
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
Afaneh Llc $1,015,000 Priority Title Inc
Path Equity Llc $570,000 Attorney
3711-21 Llc $850,000 Title Commitment Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Path Equity Llc $400,000
Previous Owner 3711-21 Llc $680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2015 12/02/15 Sold $570,000 -11.6% $162 / Sq Ft
11/02/2015 11/02/15 Pending -- -- --
04/20/2015 04/20/15 For Sale $644,900 -- $184 / 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 $14,152 $609,620 $50,160 $559,460
2024 $13,126 $633,080 -- --
2023 $13,126 $523,210 $0 $0
2022 $11,178 $475,650 $0 $0
2021 $10,143 $432,410 $50,160 $382,250
2020 $9,167 $379,380 $50,160 $329,220
2019 $8,127 $329,500 $50,160 $279,340
2018 $8,441 $361,680 $50,160 $311,520
2017 $7,681 $316,860 $0 $0
2016 $7,134 $286,840 $0 $0
2015 $5,724 $189,360 $0 $0
2014 $5,366 $172,150 $0 $0
2013 -- $172,010 $50,160 $121,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: H925500

BeachesMLS (Greater Fort Lauderdale)

APN: 50-41-26-19-0570