NOT LISTED FOR SALE

Estimated Value: $506,845 - $602,000

-- Bed
-- Bath
2,293 Sq Ft
$249/Sq Ft Est. Value

Last Sold August 29, 2018

Last sale price $290,000 $126 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $3,781/month

20 Days on Market

Highlights

  • Newly Remodeled
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Room in yard for a pool
  • Shed
  • Central Heating and Cooling System

About This Home

As of August 2018

DRIVE BUY ONLY DO NOT DISTURB TENANTS OR TALK WITH THEM! Great investment opportunity in cash flowing Duplex with NEW annual leases at market rents of $31200 GRI. Big Units over 1200 sq' each, Roof is less than 5 years old, separate electric meters, Big laundry/utility rooms with storage and washer & dryers in both units. Large fenced in yard with storage shed.This property is Very profitable, clean and easy to maintain. Viewing of property will be scheduled with accepted offer and proof of funds.

Last Agent to Sell the Property

John Alward

Charles Rutenberg Realty FTL License #3238418 Listed on: 08/08/2018

Charles Rutenberg Realty FTL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,291

Year Built

  • Built in 1967 | Newly Remodeled

Lot Details

  • Fenced

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,293 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Outdoor Features

  • Room in yard for a pool
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $31,200
  • Rent includes gardener, pest control, sewer, trash collection, water
  • Assessor Parcel Number 504113031130

Community Details

Overview

  • 2 Units
  • Floral Heights 28 5 B Subdivision

Building Details

  • Net Operating Income $22,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,291

Year Built

Built in 1967 | Newly Remodeled

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Please use GPS for most accurate route
  • Year Built: 1967
  • Unit Levels: One
  • New Construction: Yes
  • Building Stories: 1
  • Year Built Details: New Construction
  • Special Features: 4098
  • Stories: 1

Interior Features

  • Flooring: Carpet, Laminate, Tile, Vinyl
  • Living Area: 2293.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fence, Lighting, Room For Pool, Shed
  • Lot Features: Sprinklers Manual, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Foundation Details: Slab
  • Property Condition: New Construction
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Pest Control, Sewer, Trash Collection, Water

Lot Info

  • Parcel #: 504113031130
  • Zoning Description: RD-10

Multi Family

  • Property Net Operating Income: 22500.0
  • Number Of Units Total: 2
  • Total Actual Rent: 31200.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4291.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2018
Closed on
Aug 29, 2018
Sold by
Hiebert Jarrett and Hiebert Eva
Bought by
Jean Carlo and Jean Marie Richeline
Seller's Agent
John Alward
Charles Rutenberg Realty FTL
List Price
$315,000
Sold Price
$290,000
Premium/Discount to List
-$25,000
-7.94%
Current Estimated Value
$570,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$280,961
Avg. Annual Appreciation
10.31%

Purchase Details

Listed on
Jun 26, 2012
Closed on
Aug 10, 2012
Sold by
Yale Mortgage Corporation
Bought by
Hiebert Jarrett and Hiebert Eva
Seller's Agent
Christine Prost
Realty Today Florida LLC
Buyer's Agent
John Alward
MMLS Assoc.-Inactive Member
List Price
$109,900
Sold Price
$122,400
Premium/Discount to List
$12,500
11.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.32%
Original Mortgage
$91,800
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 19, 2011
Sold by
Newport Shelly Swinty
Bought by
Yale Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,670
Interest Rate
4.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 16, 1997
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Sep 13, 1997
Sold by
Swinty Gloria L
Bought by
Newport Shelly W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,620
Interest Rate
7.39%
Mortgage Type
Commercial
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
Jean Carlo $290,000 Attorney
Hiebert Jarrett $122,400 Florida Title & Escrow Profe
Yale Mortgage Corporation $14,600 None Available
Available Not $10,000 --
Newport Shelly W $57,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hiebert Jarrett $91,800
Previous Owner Yale Mortgage Corporation $127,670
Previous Owner Newport Shelly Swinty $128,000
Previous Owner Swinty Shelly $86,000
Previous Owner Swinty Newport Shelly $75,000
Previous Owner Newport Shelly W $47,620
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2018 08/29/18 Sold $290,000 -7.9% $126 / Sq Ft
08/08/2018 08/08/18 For Sale $315,000 +157.4% $137 / Sq Ft
08/13/2012 08/13/12 Sold $122,400 +11.4% $54 / Sq Ft
07/04/2012 07/04/12 Pending -- -- --
06/26/2012 06/26/12 For Sale $109,900 -- $48 / 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 $8,036 $375,380 -- --
2024 $7,416 $375,380 -- --
2023 $7,416 $310,240 $0 $0
2022 $6,526 $282,040 $21,600 $260,440
2021 $6,382 $276,070 $21,600 $254,470
2020 $6,330 $276,250 $21,600 $254,650
2019 $6,176 $268,580 $21,600 $246,980
2018 $4,621 $209,770 $21,600 $188,170
2017 $4,291 $166,190 $0 $0
2016 $4,063 $151,090 $0 $0
2015 $3,775 $137,360 $0 $0
2014 $3,541 $124,880 $0 $0
2013 -- $115,490 $21,600 $93,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10135646

BeachesMLS (Greater Fort Lauderdale)

APN: 50-41-13-03-1130