414 NW 15th Way Fort Lauderdale, FL 33311
Dorsey Riverbend Neighborhood
--
Bed
--
Bath
1,372
Sq Ft
5,663
Sq Ft Lot
Highlights
- No HOA
- Central Heating and Cooling System
- 1-Story Property
- Tile Flooring
About This Home
As of February 2022CASH COW POTENTIAL: Excellent investment opportunity to own this income producing Duplex in desirable Fort Lauderdale area. Close to beaches, downtown, banks, convenience stores, grocery stores and gas stations. Property has been recently painted, has central A/C and two parking spaces per unit. This Duplex features a very attractive layout with both units been 2/1. All units are on annual leases generating income from day 1. The current Annual Gross Income is $23,340.00 with the opportunity for the new owner to increase it to $31,200 by doing some minor cosmetic renovations. Don’t miss this incredible opportunity! Please do not bother tenants.
Last Agent to Sell the Property
Alberto Mazatan
United Realty Group Inc License #3371363 Listed on: 01/27/2022
Last Buyer's Agent
Delamarie Co Braveboy
MMLS Assoc.-Inactive Member License #3470018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,830
Year Built
- Built in 1953
Parking
- 4 Parking Spaces
Home Design
- Duplex
- Substantially Remodeled
- Flat Tile Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 1,372 Sq Ft Home
- 1-Story Property
- Tile Flooring
Utilities
- Central Heating and Cooling System
Community Details
- No Home Owners Association
- 2 Units
- Dorsey Park First Add Condos
- Dorsey Park First Add Subdivision
Listing and Financial Details
- Rent includes gardener, trash collection
- Assessor Parcel Number 504204240670
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 27, 2022
Closed on
Mar 31, 2022
Sold by
John Hill
Bought by
Nw 15Th Way Holdings Llc
Seller's Agent
Alberto Mazatan
United Realty Group Inc
Buyer's Agent
Delamarie Co Braveboy
MMLS Assoc.-Inactive Member
List Price
$310,000
Sold Price
$327,000
Premium/Discount to List
$17,000
5.48%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,250
Avg. Annual Appreciation
6.86%
Original Mortgage
$248,000
Outstanding Balance
$235,790
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$174,460
Purchase Details
Listed on
Jan 27, 2022
Closed on
Feb 23, 2022
Sold by
Quantum Capital Investments Holding 1 Ll
Bought by
Hill John
Seller's Agent
Alberto Mazatan
United Realty Group Inc
Buyer's Agent
Delamarie Co Braveboy
MMLS Assoc.-Inactive Member
List Price
$310,000
Sold Price
$327,000
Premium/Discount to List
$17,000
5.48%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Outstanding Balance
$235,790
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$174,460
Purchase Details
Closed on
Nov 12, 2013
Sold by
Between Cofab Properties Llc
Bought by
Fabian Properties Llc
Purchase Details
Listed on
Feb 7, 2013
Closed on
Apr 19, 2013
Sold by
Fannie Mae
Bought by
Cofab Properties Llc
Seller's Agent
Steve McAleer
The Agency Florida LLC
List Price
$74,900
Sold Price
$77,000
Premium/Discount to List
$2,100
2.8%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.62%
Purchase Details
Closed on
Jan 23, 2013
Sold by
Sorto Rosa D and Sorto Ventura
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Jul 30, 2004
Sold by
Currithers Althea
Bought by
Sorto Ventura and Sorto Rosa D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,600
Interest Rate
6.22%
Mortgage Type
Commercial
Purchase Details
Closed on
Mar 21, 2003
Sold by
Davis Arthur and Davis Joy
Bought by
Currithers Althea
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,025
Interest Rate
5.86%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 13, 2001
Sold by
Godlstein Dev Llc C
Bought by
Davis Athur and Davis Joy
Purchase Details
Closed on
Jun 28, 2001
Sold by
Of Hud Secretary I
Bought by
Keystone Halls Inc
Purchase Details
Closed on
Sep 21, 1999
Sold by
Anderson Latosha
Bought by
Dukes Stanley
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,795
Interest Rate
7.66%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 9, 1999
Sold by
Howard Kratenstein Tr
Bought by
Anderson Latosha
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,795
Interest Rate
7.66%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 3, 1998
Sold by
Wright Morey
Bought by
Kratenstein Howard
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,647
Interest Rate
7.07%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Aug 21, 1997
Sold by
Mondell & Associates Inc
Bought by
Wright Morey
Purchase Details
Closed on
Feb 8, 1996
Sold by
Walker Thomas B and Walker Alice Mai
Bought by
Mondell & Associates Inc
Similar Homes in Fort Lauderdale, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Independence Title | |
| Warranty Deed | $327,000 | Independence Title | |
| Quit Claim Deed | -- | None Available | |
| Special Warranty Deed | $77,000 | Attorney | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | $137,000 | All Florida Title Co Inc | |
| Warranty Deed | $109,500 | Township Land & Title Inc | |
| Warranty Deed | $97,000 | -- | |
| Warranty Deed | $45,000 | -- | |
| Warranty Deed | $35,000 | -- | |
| Warranty Deed | $25,200 | -- | |
| Warranty Deed | $102,000 | -- | |
| Warranty Deed | $58,000 | -- | |
| Warranty Deed | $110,000 | -- | |
| Warranty Deed | $55,000 | -- | |
| Warranty Deed | $16,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $248,000 | New Conventional | |
| Previous Owner | $109,600 | Commercial | |
| Previous Owner | $104,025 | Commercial | |
| Previous Owner | $21,795 | Commercial | |
| Previous Owner | $16,647 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/23/2022 02/23/22 | Sold | $327,000 | +5.5% | $238 / Sq Ft |
| 02/03/2022 02/03/22 | Pending | -- | -- | -- |
| 01/27/2022 01/27/22 | For Sale | $310,000 | +47.9% | $226 / Sq Ft |
| 07/15/2019 07/15/19 | Sold | $209,583 | -4.7% | $164 / Sq Ft |
| 03/18/2019 03/18/19 | Pending | -- | -- | -- |
| 12/01/2018 12/01/18 | For Sale | $220,000 | +185.7% | $172 / Sq Ft |
| 04/23/2013 04/23/13 | Sold | $77,000 | +2.8% | $56 / Sq Ft |
| 03/24/2013 03/24/13 | Pending | -- | -- | -- |
| 02/07/2013 02/07/13 | For Sale | $74,900 | -- | $55 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $6,611 | $315,840 | -- | -- |
| 2024 | $6,809 | $287,130 | $16,950 | $270,180 |
| 2023 | $6,809 | $296,780 | $16,950 | $279,830 |
| 2022 | $5,158 | $216,860 | $16,950 | $199,910 |
| 2021 | $4,849 | $201,030 | $16,950 | $184,080 |
| 2020 | $4,830 | $201,030 | $16,950 | $184,080 |
| 2019 | $2,570 | $126,900 | $16,950 | $109,950 |
| 2018 | $2,191 | $108,370 | $16,950 | $91,420 |
| 2017 | $2,046 | $76,240 | $0 | $0 |
| 2016 | $1,954 | $69,310 | $0 | $0 |
| 2015 | $1,689 | $63,010 | $0 | $0 |
| 2014 | $1,594 | $57,290 | $0 | $0 |
| 2013 | -- | $54,850 | $16,950 | $37,900 |
Source: Public Records
Agents Affiliated with this Home
-
A
Seller's Agent in 2022
Alberto Mazatan
United Realty Group Inc
-
D
Buyer's Agent in 2022
Delamarie Co Braveboy
MMLS Assoc.-Inactive Member
-
J
Seller's Agent in 2019
Julie Abolafia
Meridian Commercial
(754) 900-1900
14 Total Sales
-
Seller Co-Listing Agent in 2019
Douglas Driver
Meridian Commercial
(954) 865-1453
2 Total Sales
-
Seller's Agent in 2013
Steve McAleer
The Agency Florida LLC
(305) 203-5085
1 in this area
38 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11152476
APN: 50-42-04-24-0670
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