NOT LISTED FOR SALE

5221 NW 16th Ct Lauderhill, FL 33313

Estimated Value: $408,706 - $540,000

4 Beds
2 Baths
2,237 Sq Ft
$208/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $185,000 $83 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $3,135/month

153 Days on Market

About This Home

As of July 2016

Investment Property for sale "As-Is" needs minimal repairs, solid investment with potential for more income, a must see, DO Not disturb tenants.

Last Agent to Sell the Property

Claudia Blake

United Realty Group, Inc License #3326192 Listed on: 01/13/2016

United Realty Group, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,539

Year Built

  • Built in 1974

Lot Details

  • Sprinkler System

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Fiberglass Roof

Interior Spaces

  • 2,237 Sq Ft Home
  • 1-Story Property
  • Sliding Windows
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • Sunshine Villas Subdivision

Listing and Financial Details

  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 494135210690

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,539

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: SUNRISE TO 55 AVE TO 16 CT HOUSE IS ON YOUR RIGHT.
  • Year Built: 1974
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2237.0
  • Window Features: Sliding

Exterior Features

  • Lot Features: Sprinklers Automatic, Sprinkler System, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Fiberglass

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air, 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, Water

Lot Info

  • Parcel #: 494135210690
  • Zoning Description: RIN

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3539.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2016
Closed on
Jul 15, 2016
Sold by
Hines Winston S
Bought by
Alexander Robert
Seller's Agent
Claudia Blake
United Realty Group, Inc
List Price
$205,000
Sold Price
$185,000
Premium/Discount to List
-$20,000
-9.76%
Total Days on Market
153
Current Estimated Value
$466,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$281,177
Avg. Annual Appreciation
11.14%
Original Mortgage
$181,649
Outstanding Balance
$146,769
Interest Rate
3.54%
Mortgage Type
FHA
Estimated Equity
$325,984

Purchase Details

Closed on
Jun 30, 2003
Sold by
Fisher Donald J and Fisher Barbara
Bought by
Hines Winston S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,600
Interest Rate
5.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 8, 1997
Sold by
Sec Of Hud
Bought by
Fisher Donald J and Fisher Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
7.59%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 28, 1997
Sold by
Fleet Mortgage Corp
Bought by
Sec Of Hud

Purchase Details

Closed on
Oct 18, 1996
Sold by
Clerk Of The Court
Bought by
Fleet Mortgage Corp

Purchase Details

Closed on
Jun 1, 1990
Sold by
Available Not
Bought by
Available Not
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
Alexander Robert $185,000 S
Hines Winston S $164,500 Lawyers Advantage Title Grp
Fisher Donald J $60,500 --
Sec Of Hud -- --
Fleet Mortgage Corp $85,200 --
Available Not $60,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alexander Robert $53,016
Open Alexander Robert $181,649
Previous Owner Hines Winston S $131,600
Previous Owner Fleet Mortgage Corp $66,500
Previous Owner Fleet Mortgage Corp $69,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2016 07/15/16 Sold $185,000 -9.8% $83 / Sq Ft
06/15/2016 06/15/16 Pending -- -- --
01/13/2016 01/13/16 For Sale $205,000 -- $92 / 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 $6,210 $264,380 -- --
2024 $5,903 $261,590 -- --
2023 $5,903 $233,910 $0 $0
2022 $5,413 $220,420 $0 $0
2021 $5,144 $207,990 $0 $0
2020 $4,838 $197,870 $0 $0
2019 $4,702 $191,860 $21,930 $169,930
2018 $4,743 $200,880 $21,930 $178,950
2017 $5,104 $175,630 $0 $0
2016 $3,810 $107,340 $0 $0
2015 $3,539 $97,590 $0 $0
2014 $3,214 $88,720 $0 $0
2013 -- $89,660 $21,930 $67,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1374441

BeachesMLS (Greater Fort Lauderdale)

APN: 49-41-35-21-0690