NOT LISTED FOR SALE

Estimated Value: $198,000 - $477,000

0.16 Acre
$1,966,819 Price per Acre
6,675 Sq Ft Lot

Last Sold June 12, 2020

Last sale price $120,000

Est. 162% increase in value since last sale

Current estimated payment $1,871/month

90 Days on Market

About This Lot

As of June 2020

Dirt-cheap lot in booming "Old Town" Pompano. Lot cleared for building footprint with soil tests completed. Specimen trees retained front & rear. New home construction on similar lots selling between $625k - $700k. Small wood-frame 2 bed 1 bath homes are selling for over $300,000. The Old Town area is buzzing with new development including Koi Residences, Envy Apartments, & Adache's Old Town Square mixed use development. This building lot is a 3-block walk to Old Town’s restaurant, arts & historic district. Bike to the beach. Walk to schools, parks, tennis courts & historic center. Once in a lifetime opportunity to buy a ready-to-build lot this cheap. **Plans for a 2,904 Sf. 3-bed, 3-bath, 2-car garage 2-story home are available for purchase with lot.**

Last Agent to Sell the Property

John-Paul Micek

National Real Estate License #3339804 Listed on: 02/12/2020

Last Buyer's Agent

John-Paul Micek

National Real Estate License #3339804 Listed on: 02/12/2020

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $956

Lot Details

  • 6,675 Sq Ft Lot
  • North Facing Home
  • Paved or Partially Paved Lot
  • Property is zoned RS DPOD

Community Details

  • Hinson Add 2 7 Pb Subdivision

Listing and Financial Details

  • Tax Lot 50 x 134
  • Assessor Parcel Number 484235180181

Property Details

Property Type

Land

Est. Annual Taxes

$956

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential
  • Directions: Atlantic Blvd East to NE 5th Ave, North to 3rd St, West to address. 426 NE 3rd St is the lot to the left of the existing home at 424 NE 3rd St. Do not walk on property, owner has large dogs.
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: < 1/4 Acre
  • Road Surface Type: Paved
  • Waterfront: No
  • Direction Faces: North

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Near Schools

Lot Info

  • Parcel #: 484235180181
  • Development Status: Raw Land
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6675.0
  • Number Of Lots: 1
  • Zoning Description: RS DPOD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 956.0
  • Tax Lot: 50 x 134

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2024
Sold by
Ulucay Kaan Volkan and Ulucay Volkan
Bought by
Vu Revocable Trust and Ulucay
Total Days on Market
90
Current Estimated Value
$314,691

Purchase Details

Listed on
Feb 12, 2020
Closed on
Jun 12, 2020
Sold by
J Milne Homes Llc
Bought by
Ulucay Kaan Volkan
Seller's Agent
John-Paul Micek
National Real Estate
Buyer's Agent
John-Paul Micek
National Real Estate
List Price
$149,000
Sold Price
$120,000
Premium/Discount to List
-$29,000
-19.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.69%
Source: Public Records

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Range of Values:

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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
Vu Revocable Trust -- None Listed On Document
Vu Revocable Trust -- None Listed On Document
Ulucay Kaan Volkan $120,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/12/2020 06/12/20 Sold $120,000 -19.5% --
05/13/2020 05/13/20 Pending -- -- --
02/12/2020 02/12/20 For Sale $149,000 -- --
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 $1,321 $65,950 -- --
2024 $931 $65,950 -- --
2023 $931 $54,510 -- --
2022 $931 $49,560 -- --
2021 $931 $45,060 $45,060 $0
2020 $949 $46,730 $46,730 $0
2019 $957 $46,730 $46,730 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10216803

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-35-18-0181