NOT LISTED FOR SALE

Estimated Value: $948,000 - $1,196,000

8 Beds
8 Baths
4,351 Sq Ft
$259/Sq Ft Est. Value

Last Sold April 28, 2016

Last sale price $490,000 $113 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $7,979/month

118 Days on Market

Highlights

  • Newly Remodeled
  • Tile Flooring
  • Ceiling Fan
  • Home fronts a canal
  • Central Heating and Cooling System

About This Home

As of April 2016

Large 4-unit building in highly-desirable Northwest Coral Springs. All well-maintained RIN properties & Single Family homes complete the neighborhood of Glenwood. All units are 3/2's, tiled throughout; upper units have vaulted ceilings; all units have can al view. Each unit has separate electric/water meters. 2 parking spaces per unit. Recently painted & landscaped. Close to schools, transportation, shops & entertainment. Great income potential @ $1550/M EA.; hot rental market. Some rehab needed. See att.

Last Agent to Sell the Property

Elana Murray

Inactive Member License #3298295 Listed on: 12/01/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,035

Year Built

  • Built in 1988 | Newly Remodeled

Lot Details

  • 0.38

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Barrel Roof Shape

Interior Spaces

  • 4,351 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Canal Access
  • Home fronts a canal

Community Details

  • 4 Units
  • Glenwood Sub Subdivision

Listing and Financial Details

  • Rent includes gardener, sewer, trash collection
  • Assessor Parcel Number 484117021290

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,035

Year Built

Built in 1988 | Newly Remodeled

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: CORAL RIDGE DRIVE (NORTH); EAST ON 41ST STREET; NORTH ONTO 114TH AVENUE; END OF ROAD; BUILDING IN CUL-DE-SAC.
  • Year Built: 1988
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: New Construction
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Flooring: Tile

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront Features: Canal Access, Canal Front, Other
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Stucco
  • Property Condition: New Construction
  • Roof: Barrel

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Sewer, Trash Collection

Lot Info

  • Parcel #: 484117021290
  • Zoning Description: RM-15

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 8035.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 1, 2015
Closed on
Apr 27, 2016
Sold by
Frederick Chirette L
Bought by
D & R Group Limited Llc
Seller's Agent
Elana Murray
Inactive Member
List Price
$600,000
Sold Price
$490,000
Premium/Discount to List
-$110,000
-18.33%
Current Estimated Value
$1,125,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$635,702
Avg. Annual Appreciation
9.31%

Purchase Details

Closed on
Feb 1, 1988
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
D & R Group Limited Llc $490,000 Attorney
Available Not $166,100 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2016 04/28/16 Sold $490,000 -18.3% $113 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
12/01/2015 12/01/15 For Sale $600,000 -- $138 / 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 $22,144 $947,360 -- --
2024 $19,476 $947,360 -- --
2023 $19,476 $782,950 $0 $0
2022 $17,793 $711,780 $0 $0
2021 $16,123 $647,080 $114,780 $532,300
2020 $15,048 $629,220 $114,780 $514,440
2019 $13,795 $595,800 $114,780 $481,020
2018 $13,138 $556,120 $114,780 $441,340
2017 $12,085 $493,070 $0 $0
2016 $8,716 $292,860 $0 $0
2015 $8,036 $266,240 $0 $0
2014 $6,811 $242,040 $0 $0
2013 -- $228,320 $114,780 $113,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1369012

BeachesMLS (Greater Fort Lauderdale)

APN: 48-41-17-02-1290