NOT LISTED FOR SALE

525 NW 8th Ave Pompano Beach, FL 33060

Blanche Ely Neighborhood

Estimated Value: $159,000 - $221,311

2 Beds
1 Bath
528 Sq Ft
$378/Sq Ft Est. Value

Last Sold October 11, 2023

Last sale price $132,000 $250 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $1,339/month

90 Days on Market

Highlights

  • No HOA
  • East Facing Home
  • No Heating
  • 1-Story Property
  • Wood Siding
  • 2-minute walk to Coleman Park

About This Home

As of October 2023

ATTENTION INVESTORS! This 2 bedroom 1 bathroom home would be an excellent project. Property is completely gutted and home needs a full renovation inside and out. Home structure is still secure and intact, but needs work to be brought back to life. One of the lowest priced properties in the area. The property has lots of potential and sits on a 6,100+ sqft lot. Close to I-95, Turnpike and bus terminal, shopping, Broward College and Isles Casino.

Last Agent to Sell the Property

Bryan Perez

Fausto Commercial Realty Consultants Inc License #3323763 Listed on: 06/29/2023

Last Buyer's Agent

Precious Smith

Elite Realty Partners, Inc. License #3426338

Elite Realty Partners, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,365

Year Built

  • Built in 1950

Lot Details

  • 6,131 Sq Ft Lot
  • East Facing Home
  • Property is zoned RS-4

Parking

  • 1 Carport Space

Home Design

  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 528 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Cooling
  • No Heating
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Raywood Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484235280220

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,365

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: RAYWOOD PARK
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry, No Additional Rooms
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 528
  • Other Equipment: No Equipment
  • Possible Use: Investment
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: No Additional Rooms

Exterior Features

  • Roof: Shingle
  • View: None
  • Exterior Features: None
  • Construction Type: Frame, Wood Siding
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RAYWOOD PARK
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: None

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 484235280220
  • Lot Size Sq Ft: 6131
  • Zoning: RS-4
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1365

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2023
Closed on
Oct 4, 2023
Sold by
Wimberly Shirley and Bryant Cherri
Bought by
Ja-Dez Properties Llc
Seller's Agent
Bryan Perez
Fausto Commercial Realty Consultants Inc
Buyer's Agent
Precious Smith
Elite Realty Partners, Inc.
List Price
$190,000
Sold Price
$132,000
Premium/Discount to List
-$58,000
-30.53%
Views
442
Current Estimated Value
$199,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,770
Avg. Annual Appreciation
14.88%
Original Mortgage
$90,000
Interest Rate
7.23%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 27, 2005
Sold by
Giles Ceola
Bought by
Moore Rufus E and Hodge Gwendolyn Moore
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
Ja-Dez Properties Llc $132,000 Couture Title & Escrow
Moore Rufus E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Ja-Dez Properties Llc $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2023 10/11/23 Sold $132,000 -30.5% $250 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $190,000 0.0% $360 / Sq Ft
07/05/2023 07/05/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $190,000 -- $360 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $2,997 $31,370 -- --
2024 $1,792 $31,370 $18,390 $111,450
2023 $1,792 $42,530 $0 $0
2022 $1,422 $38,670 $0 $0
2021 $1,257 $35,160 $0 $0
2020 $1,147 $74,400 $18,390 $56,010
2019 $1,115 $73,290 $18,390 $54,900
2018 $956 $59,370 $18,390 $40,980
2017 $830 $24,030 $0 $0
2016 $748 $21,850 $0 $0
2015 $551 $19,870 $0 $0
2014 $134 $9,250 $0 $0
2013 -- $15,430 $12,260 $3,170
Source: Public Records

Agents Affiliated with this Home

  • Bryan Perez

    Seller's Agent in 2023

    Bryan Perez

    Fausto Commercial Realty Consultants Inc

    (786) 389-0292

    1 in this area

    23 Total Sales

    Section Image
  • Precious Smith

    Buyer's Agent in 2023

    Precious Smith

    Elite Realty Partners, Inc.

    (954) 394-5385

    1 in this area

    42 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11411315

MIAMI REALTORS® MLS

APN: 48-42-35-28-0220

Florida Broward County Pompano Beach 33060 Blanche Ely

525 NW 8th Ave, Pompano Beach, FL

This home is located at 525 NW 8th Ave, Pompano Beach, FL 33060 since 29 June 2023 and is currently estimated at $199,770, approximately $378 per square foot. This property was built in 1950. 525 NW 8th Ave is a home located in Broward County with nearby schools including Sanders Park Elementary School, Pompano Beach Middle School, and Blanche Ely High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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