NOT LISTED FOR SALE

Estimated Value: $4,663,000 - $13,593,647

9.55 Acres
$902,675 Price per Acre
415,998 Sq Ft Lot

Last Sold January 31, 2019

Last sale price $2,875,000 $1,157 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $56,365/month

343 Days on Market

Highlights

  • Horses Allowed in Community
  • 9.55 Acre Lot
  • Paved or Partially Paved Lot
  • Hawkes Bluff Elementary School Rated A-
  • Home fronts a canal

About This Lot

As of January 2019

***ONE OF A KIND LOCATION IN THE HEART OF SUNSHINE RANCHES!!!***A RARELY AVAILABLE 10 ACRE HOMESITE ON PRESTIGIOUS HANCOCK ROAD...WONDERFULLY NESTLED AMONG 5 TO 15 ACRES HOMESITES, THIS IS AN IDEAL LOCATION TO DESIGN AND BUILD A SPRAWLING MULTI-MILLION DOLLAR ESTATE. ALL OF THIS LOCATED IN FORT LAUDERDALE’S TOP EQUESTRIAN/ESTATE COMMUNITY.

Last Agent to Sell the Property

Joe Caprio

Joe Caprio & Co. Real Estate License #566559 Listed on: 01/22/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $38,845

Lot Details

  • 9.55 Acre Lot
  • Home fronts a canal
  • West Facing Home
  • Paved or Partially Paved Lot
  • 2 Lots in the community
  • Site Plan Filed
  • Property is zoned RR

Utilities

  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 504034010260

Community Details

Overview

  • Sunshine Ranches Subdivision

Recreation

  • Horses Allowed in Community

Property Details

Property Type

Land

Est. Annual Taxes

$38,845

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential
  • Directions: GRIFFIN ROAD WEST TO HANCOCK RD, SOUTH TO PROPERTY ON EAST SIDE OF STREET.
  • Special Features: VirtualTour

Exterior Features

  • View: Pond
  • Lot Features: 5-10 Acres
  • Road Surface Type: Paved
  • Waterfront Features: Canal Front, None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Direction Faces: West

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Phone Available, Trash Collection
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Home Owners Association
  • Association #2 Fee: 50.0

Lot Info

  • Parcel #: 504034010260
  • Development Status: Site Plan Filed
  • Horse Amenities: Horses Allowed
  • Lot Size Acres: 9.55
  • Lot Size Sq Ft: 415998.0
  • Number Of Lots: 2
  • Zoning Description: RR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 38845.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2018
Closed on
Jan 31, 2019
Sold by
Star Mountain Investments Llc
Bought by
Jacobs Eric A
Seller's Agent
Joe Caprio
Joe Caprio & Co. Real Estate
List Price
$3,350,000
Sold Price
$2,875,000
Premium/Discount to List
-$475,000
-14.18%
Current Estimated Value
$8,620,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,745,549
Avg. Annual Appreciation
16.90%

Purchase Details

Listed on
Nov 27, 2015
Closed on
Nov 20, 2015
Sold by
Castro Eric R and Castro Barbara R
Bought by
Star Mountain Investments Llc
Seller's Agent
Joe Caprio
Joe Caprio & Co. Real Estate
Buyer's Agent
Jessi Fowler
Joe Caprio & Co. Real Estate
Sold Price
$6,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.13%
Original Mortgage
$2,000,000
Interest Rate
3.78%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 24, 2004
Sold by
Sessa John C and Sessa Judith K
Bought by
Castro Eric R and Castro Barbara R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,488,800
Interest Rate
4%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 23, 2004
Sold by
Morton William C
Bought by
Castro Eric R and Castro Barbara R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,488,800
Interest Rate
4%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 1, 1981
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
Jacobs Eric A $2,875,000 Clear Title Group
Star Mountain Investments Llc $2,450,000 Attorney
Castro Eric R $1,036,000 1St Trust Title
Castro Eric R $825,000 1St Trust Title Inc
Available Not $7,142 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Star Mountain Investments Llc $2,000,000
Previous Owner Castro Eric R $1,488,800
Previous Owner Castro Eric R $1,488,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2019 01/31/19 Sold $2,875,000 -14.2% $1,157 / Sq Ft
01/01/2019 01/01/19 Pending -- -- --
01/22/2018 01/22/18 For Sale $3,350,000 0.0% $1,348 / Sq Ft
11/27/2015 11/27/15 For Rent $4,200 -30.0% --
11/27/2015 11/27/15 Rented $6,000 0.0% --
11/20/2015 11/20/15 Sold $2,450,000 -2.0% $763 / Sq Ft
10/27/2015 10/27/15 For Sale $2,500,000 0.0% $779 / Sq Ft
09/23/2013 09/23/13 For Rent $3,500 +16.7% --
09/23/2013 09/23/13 Rented $3,000 -- --
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 $130,094 $7,697,420 -- --
2024 $45,755 $7,480,490 -- --
2023 $45,755 $2,179,180 $0 $0
2022 $35,745 $1,981,080 $0 $0
2021 $33,188 $1,800,990 $1,800,990 $0
2020 $32,813 $1,767,990 $1,767,990 $0
2019 $39,035 $2,017,520 $1,734,990 $282,530
2018 $16,367 $810,200 $527,950 $282,250
2017 $16,169 $825,910 $0 $0
2016 $15,811 $801,330 $0 $0
2015 $11,961 $583,990 $0 $0
2014 $11,087 $530,900 $0 $0
2013 -- $504,160 $394,650 $109,510
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10104074

BeachesMLS (Greater Fort Lauderdale)

APN: 50-40-34-01-0260