NOT LISTED FOR SALE

401 NW 16th Ave Fort Lauderdale, FL 33311

Dorsey Riverbend Neighborhood

Estimated Value: $385,000 - $586,000

-- Bed
-- Bath
1,640 Sq Ft
$291/Sq Ft Est. Value

Last Sold April 10, 2020

Last sale price $265,000 $162 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,089/month

17 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Heating Available
  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • 1-Story Property

About This Home

As of April 2020

Don't loose this great opportunity to own an upgraded duplex. One unit featuring 3 bedroom 2 bathroom, and the second unit featuring 1 bedroom 1 bathroom. This beautiful duplex is located within minutes from major highways, shopping centers, and Fort Lauderdale Airport.

Last Agent to Sell the Property

Alicia Swan-Hayes

The R E Experts of South Fla License #0675996 Listed on: 01/23/2020

Last Buyer's Agent

John Young

Miami Waterfront Realty License #3337973

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,725

Year Built

  • Built in 1959

Lot Details

  • 5,097

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,640 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Vertical Blinds
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Dorsey Park Second Add Condos
  • Dorsey Park Second Add Subdivision

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 504204250750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,725

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1959
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: DORSEY PARK SECOND ADD
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1640
  • Possible Use: Primary
  • Stories: 1
  • Window Features: Verticals

Exterior Features

  • Roof: Flat Roof With Facade Front
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: DORSEY PARK SECOND ADD
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 504204250750
  • Zoning: DUPLEX
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1725

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Apr 10, 2020
Sold by
Evans Ilsa S
Bought by
Davis Mitchlyn
Seller's Agent
Alicia Swan-Hayes
The R E Experts of South Fla
Buyer's Agent
John Young
Miami Waterfront Realty
List Price
$273,000
Sold Price
$265,000
Premium/Discount to List
-$8,000
-2.93%
Current Estimated Value
$476,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,982
Avg. Annual Appreciation
10.99%
Original Mortgage
$265,000
Outstanding Balance
$237,480
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$229,275

Purchase Details

Closed on
Jul 10, 2019
Sold by
Belfort Edgar Martin and Valverde Jennifer Mercedes
Bought by
Thomas Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2019
Sold by
Stewart Karen and Morrison Shenelle
Bought by
Channer Boswell D and Channer Carlene E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 17, 2018
Closed on
Feb 2, 2019
Sold by
Turner Norris
Bought by
Evans Lisa S
Seller's Agent
Regina Sablo
Coldwell Banker
List Price
$249,000
Sold Price
$200,000
Premium/Discount to List
-$49,000
-19.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.86%
Original Mortgage
$160,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2003
Sold by
Financial Freedom Home Buyers Inc
Bought by
Corporate Investments Of America Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
5.86%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 2, 2001
Sold by
Turner Norris
Bought by
Turner Norris
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
Davis Mitchlyn $265,000 Alpha Reliable Title Inc
Thomas Andrea $240,000 Alpha Reliable Title Inc
Channer Boswell D $299,000 Alpha Reliable Title Inc
Evans Lisa S $200,000 Alpha Reliable Title Inc
Corporate Investments Of America Inc $35,000 --
Turner Norris -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Mitchlyn Emanuel $40,000
Open Davis Mitchlyn $265,000
Previous Owner Thomas Andrea $228,000
Previous Owner Channer Boswell D $293,584
Previous Owner Evans Lisa S $160,000
Previous Owner Corporate Investments Of America Inc $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/10/2020 04/10/20 Sold $265,000 -2.9% $162 / Sq Ft
02/17/2020 02/17/20 For Sale $273,000 0.0% $166 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $273,000 +36.5% $166 / Sq Ft
03/06/2019 03/06/19 Sold $200,000 -19.7% $122 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
09/17/2018 09/17/18 For Sale $249,000 -- $152 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $6,577 $313,830 -- --
2024 $3,856 $285,300 $15,320 $269,980
2023 $3,856 $185,960 $0 $0
2022 $3,252 $160,700 $0 $0
2021 $3,156 $156,020 $0 $0
2020 $3,066 $146,630 $0 $0
2019 $1,725 $117,100 $15,320 $101,780
2018 $1,411 $96,120 $15,320 $80,800
2017 $1,280 $21,900 $0 $0
2016 $1,214 $19,910 $0 $0
2015 $1,113 $18,100 $0 $0
2014 $1,051 $16,460 $0 $0
2013 -- $14,970 $10,210 $4,760
Source: Public Records

Agents Affiliated with this Home

  • Alicia Swan-Hayes

    Seller's Agent in 2020

    Alicia Swan-Hayes

    The R E Experts of South Fla

    (786) 299-1575

    56 Total Sales

    Alicia Swan-Hayes
    Section Image
  • John Young

    Buyer's Agent in 2020

    John Young

    Miami Waterfront Realty

    (305) 804-3078

    8 Total Sales

    John Young
    Section Image

  • R

    Seller's Agent in 2019

    Regina Sablo

    Coldwell Banker

    (561) 702-2265

    8 Total Sales

    Regina Sablo
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10805443

MIAMI REALTORS® MLS

APN: 50-42-04-25-0750

Florida Broward County Fort Lauderdale 33311 Dorsey Riverbend

401 NW 16th Ave, Fort Lauderdale, FL

This home is located at 401 NW 16th Ave, Fort Lauderdale, FL 33311 since 23 January 2020 and is currently estimated at $476,982, approximately $290 per square foot. This property was built in 1959. 401 NW 16th Ave is a home located in Broward County with nearby schools including North Fork Elementary School, Parkway Middle School, and Stranahan High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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