NOT LISTED FOR SALE

4060 Riverside Dr Unit 4 Units Coral Springs, FL 33065

The Dells Neighborhood

Estimated Value: $682,112 - $1,192,000

8 Beds
4 Baths
3,592 Sq Ft
$258/Sq Ft Est. Value

Last Sold July 30, 2018

Last sale price $370,000 $103 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $6,419/month

73 Days on Market

Highlights

  • Canal View
  • Open Patio
  • Concrete Flooring
  • Balcony
  • Central Heating and Cooling System

About This Home

As of July 2018

GREAT INCOME PROPERTY! 4 UNITS, EACH IS A 2 BEDROOM, 1 BATH, NO WASHER-DRYER, 3 UNITS RENT FOR $900.00 (THEY ARE THERE 3-5 YRS,) 1 UNIT RENTS FOR $850. (HE IS SINGLE AND HAS BEEN THERE FOR OVER 18 YRS.) ROOF APPOX 10-12 YRS. BLDG. PAINTED 2 YRS AGO, YES THERE ARE SPRINKLERS.ONLY 1 METER - Owner PAYs FOR WATER/GARBAGE, TENANTS HAVE OWN FPL METER. DRIVEWAY RE-DONE LAST YEAR. AC'S AND HOT WATER HAVE BEEN REPLACED AS NEEDED. 2 HOT WATERS RECENTLY AND 1 NEW AC THIS WEEK. LOW RENTS - GREAT POTENTIAL HERE!

Last Agent to Sell the Property

Regina Anne McDonough-Theisen

Coldwell Banker License #535135 Listed on: 04/17/2018

Coldwell Banker

Last Buyer's Agent

Regina Anne McDonough-Theisen

Coldwell Banker License #535135 Listed on: 04/17/2018

Coldwell Banker

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,320

Year Built

  • Built in 1973

Lot Details

  • 7,855 Sq Ft Lot
  • Sprinkler System

Property Views

  • Canal
  • Garden

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,592 Sq Ft Home
  • 2-Story Property
  • Concrete Flooring

Outdoor Features

  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484114012950

Community Details

Overview

  • 4 Units
  • Coral Springs Subdivision

Building Details

  • Operating Expense $17,223
  • Net Operating Income $24,977

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,320

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: WILES ROAD TO RIVERSIDE DRIVE SOUTH TO THE BUILDING #4060 - ON WEST SIDE OF STREET - JUST BEFORE RED LIGHT.
  • Year Built: 1973
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Flooring: Concrete, Other
  • Living Area: 3592.0

Exterior Features

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

Garage/Parking

  • Garage Yn: No

Utilities

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

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 484114012950
  • Lot Size Sq Ft: 7855.0
  • Zoning Description: MULTI 08
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 24977.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 17223.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7320.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2018
Closed on
Jul 6, 2018
Sold by
Sun Kenny K
Bought by
Sun Tracy T
Seller's Agent
Regina Anne McDonough-Theisen
Coldwell Banker
Buyer's Agent
Regina Anne McDonough-Theisen
Coldwell Banker
List Price
$370,000
Sold Price
$370,000
Current Estimated Value
$927,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$557,278
Avg. Annual Appreciation
14.18%

Purchase Details

Listed on
Apr 17, 2018
Closed on
Jul 5, 2018
Sold by
Sun Tracy T
Bought by
Scaria Shibu and Thomas Joisy
Seller's Agent
Regina Anne McDonough-Theisen
Coldwell Banker
Buyer's Agent
Regina Anne McDonough-Theisen
Coldwell Banker
List Price
$370,000
Sold Price
$370,000

Purchase Details

Closed on
Sep 1, 1986
Sold by
Available Not
Bought by
Available Not
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 Buyer Sale Price Title Company
Sun Tracy T -- Citadel Title & Escrow Compa
Scaria Shibu $370,000 Citadel Title & Escrow Compa
Available Not $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scaria Shibu $388,000
Closed Thomas Joisy $378,000
Previous Owner Sun Kenny $154,000
Previous Owner Sun Kenny K $259,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2018 07/30/18 Sold $370,000 0.0% $103 / Sq Ft
06/30/2018 06/30/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $370,000 -- $103 / 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 $16,855 $632,440 -- --
2024 $14,613 $632,440 -- --
2023 $14,613 $522,690 $0 $0
2022 $12,774 $475,180 $0 $0
2021 $11,731 $431,990 $52,500 $379,490
2020 $11,267 $431,990 $52,500 $379,490
2019 $10,424 $380,790 $52,500 $328,290
2018 $7,971 $367,190 $54,990 $312,200
2017 $7,320 $230,630 $0 $0
2016 $6,477 $209,670 $0 $0
2015 $5,996 $190,610 $0 $0
2014 $5,574 $173,290 $0 $0
2013 -- $171,450 $54,990 $116,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10423954

BeachesMLS

APN: 48-41-14-01-2950

Florida Broward County Coral Springs 33065 The Dells

4060 Riverside Dr Unit 4 Units, Coral Springs, FL

This home is located at 4060 Riverside Dr Unit 4 Units, Coral Springs, FL 33065 since 17 April 2018 and is currently estimated at $927,278, approximately $258 per square foot. This property was built in 1973. 4060 Riverside Dr Unit 4 Units 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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