NOT LISTED FOR SALE

Estimated Value: $596,729 - $993,000

0.25 Acre
$3,124,728 Price per Acre
10,890 Sq Ft Lot

Last Sold January 08, 2019

Last sale price $300,000

Est. 160% increase in value since last sale

Current estimated payment $4,872/month

136 Days on Market

About This Lot

As of January 2019

Large Vacant residential lot with lots of possibilities for development. No demolition costs and faster permitting. Great location with easy access to Downtown Ft Laud, Shopping, Beaches & Highways. This is a great value for an investor or developer that wants to build custom or income producing properties. Zoned RD-15. Size 11,205 Sq ft.

Last Agent to Sell the Property

Lina Benzan

Florida Realty Mgmt. Inc. License #705389 Listed on: 07/25/2018

Last Buyer's Agent

Tyler Tuchow

Fortune Christie's International Real Estate License #3048833

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,086

Lot Details

  • 0.25 Acre Lot
  • North Facing Home
  • Brush Vegetation
  • Paved or Partially Paved Lot
  • 2 Lots in the community
  • Property is zoned RD-15

Location

  • City Lot

Community Details

  • Aldens Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504210660110

Property Details

Property Type

Land

Est. Annual Taxes

$3,086

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential
  • Directions: Broward Blvd to Andrews Ave. (South) To SW 7th Street. turn west. Travel approximately 1/4 Mile to lot on north side of street. Located On SW 7th Street Between 4th and 5th Avenues.
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: City Lot, < 1/4 Acre
  • Road Surface Type: Paved
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: North

Utilities

  • Sewer: Public Sewer
  • Utilities: Electricity Available, Phone Available, Sewer Available, Trash Collection, Water Available
  • Water Source: Public

Lot Info

  • Parcel #: 504210660110
  • Development Status: Raw Land
  • Lot Size Acres: 0.25
  • Number Of Lots: 2
  • Zoning Description: RD-15

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3086.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2018
Closed on
Jan 8, 2019
Sold by
Idp Development Llc
Bought by
Horwitz Brent Kevin and Horwitz Jody
Seller's Agent
Lina Benzan
Florida Realty Mgmt. Inc.
Buyer's Agent
Tyler Tuchow
Fortune Christie's International Real Estate
List Price
$319,000
Sold Price
$300,000
Premium/Discount to List
-$19,000
-5.96%
Current Estimated Value
$781,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,182
Avg. Annual Appreciation
16.43%
Original Mortgage
$225,000
Outstanding Balance
$147,102
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$681,544

Purchase Details

Listed on
Apr 4, 2013
Closed on
May 2, 2013
Sold by
Jlc Developers L L C
Bought by
Idp Development Llc
Seller's Agent
George Coloney
The Keyes Company
Buyer's Agent
George Coloney
Castelli Luxury Real Estate
List Price
$325,000
Sold Price
$200,000
Premium/Discount to List
-$125,000
-38.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
May 17, 2004
Sold by
Cochran Wayne
Bought by
Jlc Developers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 20, 1998
Sold by
Cochran Leslie
Bought by
Cochran Wayne

Purchase Details

Closed on
Dec 8, 1993
Sold by
Wolff James L
Bought by
Cocharn Wayne and Cochran Leslie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,600
Interest Rate
7.14%
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
Horwitz Brent Kevin $300,000 Capstone Title Partners Llc
Idp Development Llc $200,000 Attorney
Jlc Developers $300,000 --
Cochran Wayne $100 --
Cocharn Wayne $59,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Horwitz Brent Kevin $225,000
Previous Owner Jlc Developers Llc $225,000
Previous Owner Cocharn Wayne $54,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2019 01/08/19 Sold $300,000 -6.0% --
12/09/2018 12/09/18 Pending -- -- --
07/25/2018 07/25/18 For Sale $319,000 +59.5% --
05/01/2013 05/01/13 Sold $200,000 -38.5% $18 / Sq Ft
04/04/2013 04/04/13 For Sale $325,000 -- $29 / 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 $7,790 $430,450 -- --
2024 $7,447 $430,450 -- --
2023 $7,447 $355,750 $0 $0
2022 $6,544 $323,410 $0 $0
2021 $6,217 $294,010 $0 $0
2020 $5,076 $267,290 $267,290 $0
2019 $3,105 $167,060 $167,060 $0
2018 $3,033 $167,060 $167,060 $0
2017 $3,086 $167,060 $0 $0
2016 $3,183 $167,060 $0 $0
2015 $3,276 $167,060 $0 $0
2014 $3,337 $167,060 $0 $0
2013 -- $61,250 $61,250 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10132902

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-10-66-0110