NOT LISTED FOR SALE

4020 Riverside Dr Unit 1-4 Coral Springs, FL 33065

The Dells Neighborhood

Estimated Value: $839,000 - $1,117,000

6 Beds
4 Baths
2,915 Sq Ft
$326/Sq Ft Est. Value

Last Sold January 28, 2022

Last sale price $775,000 $266 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $6,978/month

99 Days on Market

About This Home

As of January 2022

The property consists of 4 units. 1-2 bedroom 1 bath & 3-1 bedroom 1 baths. Property is fully leased with all tenants paying below-market rent on month-to-month leases, leaving a large upside for the new buyer. All units are occupied but are in need of updating to the kitchen, bathrooms, and flooring. Property is located directly on Riverside drive with great visibility and access. Property is being sold on behalf of a Court-Appointed Receiver. Sale is subject to Court approval, and a standard contract will be provided to the interested buyer. Cash offers are highly preferred. Please inquire for further details on the process to place a bid. FLYER IN DOCUMENTS TAB. DO NOT DISTURB TENANTS. PROOF OF FUND REQUIRED

Last Agent to Sell the Property

Steve Mossini

Local Real Estate Co License #3249161 Listed on: 09/20/2021

Co-Listed By

Daniel Otten

Local Real Estate Co License #3493832

Last Buyer's Agent

Lysandra Russell

Innovative Property Srvcs Rlty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,014

Year Built

  • Built in 1972

Lot Details

  • 7,500

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 2,915 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Additional Features

  • 7,500 Sq Ft Lot
  • Central Heating and Cooling System

Community Details

  • Association fees include electricity, ground maintenance, sewer, trash
  • 4 Units
  • Coral Springs Sub 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484114012960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,014

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: NW Corner of Riverside Dr and NW 40th St
  • Year Built: 1972
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2915.0

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Electricity, Maintenance Grounds, Sewer, Trash

Lot Info

  • Parcel #: 484114012960
  • Lot Size Sq Ft: 7500.0
  • Zoning Description: RM-20
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11014.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2017
Sold by
Coral Springs Llc
Bought by
Property Income Invester Llc
Current Estimated Value
$974,481

Purchase Details

Closed on
Feb 5, 2007
Sold by
Heydet Raymond T and Heydet Nathalie
Bought by
Heydet Raymond T and Heydet Nathalie D

Purchase Details

Closed on
Jun 7, 2006
Sold by
Heydet Raymond T and Heydet Nathalie D
Bought by
4020 Coral Springs Llc

Purchase Details

Closed on
Jul 1, 1986
Sold by
Available Not
Bought by
Available Not
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
Property Income Invester Llc $468,000 Attorney
Heydet Raymond T -- Attorney
4020 Coral Springs Llc $236,000 Sunco Title & Escrow Co
Available Not $89,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sawyer Corey $100,000
Closed Sawyer Corey A $581,250
Closed Property Income Investors 4020 Llc $374,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $775,000 -3.1% $266 / Sq Ft
12/29/2021 12/29/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $800,000 -- $274 / 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
2025 $19,150 $812,280 $52,500 $759,780
2024 $17,119 $812,280 $52,500 $759,780
2023 $17,119 $672,710 $52,500 $620,210
2022 $12,779 $475,330 $0 $0
2021 $11,734 $432,120 $52,500 $379,620
2020 $11,014 $432,120 $52,500 $379,620
2019 $10,137 $372,300 $52,500 $319,800
2018 $8,796 $330,860 $54,920 $275,940
2017 $7,324 $245,530 $0 $0
2016 $6,527 $223,210 $0 $0
2015 $6,046 $202,920 $0 $0
2014 $5,346 $163,320 $0 $0
2013 -- $160,520 $54,920 $105,600
Source: Public Records

Agents Affiliated with this Home

  • Steve Mossini

    Seller's Agent in 2022

    Steve Mossini

    Local Real Estate Co

    (561) 789-6391

    1 in this area

    68 Total Sales

    Section Image
  • Daniel Otten

    Seller Co-Listing Agent in 2022

    Daniel Otten

    Local Real Estate Co

    (954) 650-5550

    1 in this area

    13 Total Sales

    Section Image

  • L

    Buyer's Agent in 2022

    Lysandra Russell

    Innovative Property Srvcs Rlty

  • L

    Buyer's Agent in 2022

    Lysandra Russell

    Coldwell Banker Realty

    (954) 599-5329

    1 in this area

    30 Total Sales

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10746854

BeachesMLS

APN: 48-41-14-01-2960

Florida Broward County Coral Springs 33065 The Dells

4020 Riverside Dr Unit 1-4, Coral Springs, FL

This home is located at 4020 Riverside Dr Unit 1-4, Coral Springs, FL 33065 since 20 September 2021 and is currently estimated at $949,827, approximately $325 per square foot. This property was built in 1972. 4020 Riverside Dr Unit 1-4 is a home located in Broward County with nearby schools including Coral Park Elementary School, Forest Glen Middle School, and Coral Springs 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.

BeachesMLS 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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