NOT LISTED FOR SALE

5311 NW 22nd St Lauderhill, FL 33313

8 Beds
4 Baths
3,539 Sq Ft
8,276 Sq Ft Lot

Last Sold May 30, 2018

Last sale price $400,000 $113 Per Sq Ft

126 Days on Market

Highlights

  • Newly Remodeled
  • Ceramic Tile Flooring
  • 1-Story Property
  • No HOA
  • Central Heating and Cooling System

About This Home

As of May 2018

You won't believe the size of this stable investment property with great Cash Flow. Conforming, large, and updated fourplex consisting of 4 - 2/1s in desirable area close to commerce and major highways. All units have been very well maintained and partially or fully updated - 3 central A/C units entirely replaced. Rent is below market, but all units leased and current. Please do not disturb tenants. There is nothing on the market that compares to this property, and it won't last.

Last Agent to Sell the Property

Jason Clemens

MMLS Assoc.-Inactive Member License #3188465 Listed on: 01/07/2018

Last Buyer's Agent

Jason Clemens

MMLS Assoc.-Inactive Member License #3188465 Listed on: 01/07/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,916

Year Built

  • Built in 1975 | Newly Remodeled

Lot Details

  • 8,276

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,539 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Stonebridge Estates Condos
  • Stonebridge Estates Subdivision

Listing and Financial Details

  • Total Actual Rent $50,400
  • Rent includes gardener, pest control, sewer, trash collection, water
  • Assessor Parcel Number 494126080720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,916

Year Built

Built in 1975 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1975
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: STONEBRIDGE ESTATES
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 3539
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: STONEBRIDGE ESTATES
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494126080720
  • Zoning: 08
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Pest Control, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 7916

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Total Actual Rent: 50400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2018
Closed on
May 23, 2018
Sold by
Clemens Jason
Bought by
Jackmax Properties Llc
Seller's Agent
Jason Clemens
MMLS Assoc.-Inactive Member
Buyer's Agent
Jason Clemens
MMLS Assoc.-Inactive Member
List Price
$447,000
Sold Price
$400,000
Premium/Discount to List
-$47,000
-10.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.42%
Original Mortgage
$300,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 14, 2015
Closed on
Jan 5, 2016
Sold by
Paramount 1808 Llc
Bought by
Clemens Jason
Seller's Agent
William Harbour
MMLS Assoc.-Inactive Member
Buyer's Agent
Jason Clemens
MMLS Assoc.-Inactive Member
List Price
$400,000
Sold Price
$296,820
Premium/Discount to List
-$103,180
-25.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.30%
Original Mortgage
$222,615
Interest Rate
3.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 8, 2014
Sold by
Nationstar Mortgage Llc
Bought by
Cohen Stanley

Purchase Details

Closed on
Sep 3, 2013
Sold by
Lakeview Vill I Ho Assn Inc
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jun 23, 2006
Sold by
Green Colin W and Green Natasha P
Bought by
Ebanks Smith Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2001
Sold by
Zaroff Brett M
Bought by
Green Colin W and Green Natasha P

Purchase Details

Closed on
Nov 19, 1998
Sold by
Reo Asset Management Inc
Bought by
Zaroff Brett M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 20, 1998
Sold by
Clerk Of The Court
Bought by
Reo Asset Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.47%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 23, 1995
Sold by
Chin Albert
Bought by
Douglas Walter
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

Property History

Date Event Price Change Sq Ft Price
05/30/2018 05/30/18 Sold $400,000 -10.5% $113 / Sq Ft
05/13/2018 05/13/18 Pending -- -- --
01/07/2018 01/07/18 For Sale $447,000 +50.6% $126 / Sq Ft
01/08/2016 01/08/16 Sold $296,820 -25.8% $84 / Sq Ft
01/01/2016 01/01/16 Pending -- -- --
09/14/2015 09/14/15 For Sale $400,000 +51.2% $113 / Sq Ft
08/18/2014 08/18/14 Sold $264,500 -8.8% $75 / Sq Ft
07/19/2014 07/19/14 Pending -- -- --
06/19/2014 06/19/14 For Sale $289,900 -- $83 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10396605

MIAMI REALTORS® MLS

APN: 49-41-26-08-0720