NOT LISTED FOR SALE

Estimated Value: $948,488 - $1,576,000

2 Beds
1.5 Baths
1,378 Sq Ft
$857/Sq Ft Est. Value

Last Sold May 26, 2020

Last sale price $550,000 $399 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $7,760/month

205 Days on Market

Highlights

  • Boat Ramp
  • Waterfront
  • Room in yard for a pool
  • Property has ocean access
  • Canal View
  • Cooling System Mounted To A Wall/Window

About This Home

As of May 2020

OPPORTUNITY TO BUY THE MOST AFFORDABLE DEEPWATER PROPERTY IN LIGHTHOUSE POINT AND MAYBE BEYOND. PROPERTY QUIETLY SITS ON DEAD END CUL DE SAC STREET WITH DEEPWATER ACCESS. A 2007 70’ SEAWALL (CAP, BATTER PILLINGS, PILINGS AND DOCK) AFFORDS SPACE FOR A 60’ VESSEL AND A 4-5’ DRAFT. CANAL WIDENS PROVIDING A VERY AMPLE TURNING BASIN. INTERIOR IN ITS ORIGINAL CONDITION UNDER A 2017 TILE ROOF IF YOU WANT TO RENT WHILE PLANNING YOUR NEW HOME. EAST FACING WATERFRONT FOR THE SUNRISE MORNINGS AND COOLER AFTERNOONS. BEING SOLD AS-IS FOR LAND VALUE. SELLER DOES NOT WARRANT THE HOME IN ANY WAY.

Last Agent to Sell the Property

Ron Rosen

Residential Team Realty LLC License #3061348 Listed on: 10/03/2019

Last Buyer's Agent

Michele Lee

LoKation License #3411596

LoKation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,306

Year Built

  • Built in 1957

Lot Details

  • 8,081 Sq Ft Lot
  • Waterfront
  • West Facing Home
  • Irregular Lot
  • Property is zoned RS-3

Home Design

  • Spanish Tile Roof

Interior Spaces

  • 1,378 Sq Ft Home
  • 1-Story Property
  • Canal Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 1 Attached Carport Space
  • Driveway

Outdoor Features

  • Room in yard for a pool
  • Property has ocean access
  • No Fixed Bridges

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 484307100450

Community Details

Overview

  • Coral Key Villas 3Rd Sec Subdivision

Recreation

  • Boat Ramp
  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,306

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Federal Hwy to NE 48th St or NE 49th St. East to LHP Dr to NE 48th Ct. Follow 48th Ct. east to NE 27th Ter, left to travel north on 27th Ter to property on right.
  • Year Built: 1957
  • Architectural Style: One Story
  • Carport Y N: Yes
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, First Floor Entry
  • Furnished: Unfurnished
  • Appliances: Electric Water Heater, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other
  • Living Area: 1378.0

Exterior Features

  • Exterior Features: Room For Pool
  • View: Canal, Water
  • Lot Features: Irregular Lot, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Dock Access, No Fixed Bridges, Ocean Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Property Condition: Resale
  • Roof: Spanish Tile

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Carport Spaces: 1.0
  • Garage Yn: No
  • Parking Features: Attached Carport, Driveway

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Senior Community: No
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 484307100450
  • Lot Size Sq Ft: 8081.0
  • Zoning Description: RS-3
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4306.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2019
Closed on
May 26, 2020
Sold by
David Kenneth R and Ffield Jeremy C
Bought by
4840 Ne 27Th Terrace Llc
Seller's Agent
Ron Rosen
Residential Team Realty LLC
Buyer's Agent
Michele Lee
LoKation
List Price
$699,000
Sold Price
$550,000
Premium/Discount to List
-$149,000
-21.32%
Current Estimated Value
$1,181,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$631,372
Avg. Annual Appreciation
15.85%

Purchase Details

Closed on
Sep 3, 2009
Sold by
David Ken
Bought by
David Kenneth R and Ffield Jeremy C

Purchase Details

Closed on
May 12, 2000
Sold by
Available Not
Bought by
Available Not
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
4840 Ne 27Th Terrace Llc $550,000 Attorney
David Kenneth R -- Attorney
Available Not $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner David Kenneth R $40,000
Previous Owner David Kenneth R $33,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2020 05/26/20 Sold $550,000 -21.3% $399 / Sq Ft
04/26/2020 04/26/20 Pending -- -- --
10/03/2019 10/03/19 For Sale $699,000 -- $507 / 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 $14,835 $737,140 $404,050 $333,090
2024 $13,816 $737,140 $404,050 $333,090
2023 $13,816 $662,260 $0 $0
2022 $12,104 $602,060 $0 $0
2021 $10,825 $547,330 $404,050 $143,280
2020 $4,649 $256,330 $0 $0
2019 $4,551 $250,570 $0 $0
2018 $4,306 $245,900 $0 $0
2017 $4,194 $240,850 $0 $0
2016 $4,175 $235,900 $0 $0
2015 $3,861 $234,270 $0 $0
2014 $3,896 $232,420 $0 $0
2013 -- $423,400 $323,240 $100,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10197433

BeachesMLS (Greater Fort Lauderdale)

APN: 48-43-07-10-0450