NOT LISTED FOR SALE

Estimated Value: $618,732 - $933,000

4 Beds
4 Baths
2,701 Sq Ft
$298/Sq Ft Est. Value

Last Sold May 27, 2021

Last sale price $485,000 $180 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $5,484/month

5 Days on Market

Highlights

  • Impact Glass
  • Patio
  • Central Heating and Cooling System
  • Floranada Elementary School Rated A-
  • Tile Flooring
  • Ceiling Fan

About This Home

As of May 2021

Well maintained big duplex with 2701 square feet, located in East Ft Lauderdale in the quiet neighborhood of Coral Ridge Isles, close to schools, shopping and the beach. Each side lives like a single family home: 2 bedrooms and 2 full baths, with open kitchens to the family rooms and sliders open to the back yards, laundry rooms with full size washers and dryers, roof 2014, new master bathroom on owner's side, tons of parking with a lovely paver circular driveway and a carport. Impact sliders and windows (2014). One unit is tenant-occupied at $1800 a month and wishes to remain.

Last Agent to Sell the Property

Ron Spradlin

Inactive Member License #3042917 Listed on: 04/21/2021

Co-Listed By

Lucie Terriault

Inactive Member License #3073278

Last Buyer's Agent

Joshua Schwartz

Sunbelt Investment Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,838

Year Built

  • Built in 1964

Lot Details

  • 8,625

Parking

  • 8 Parking Spaces

Home Design

  • Duplex
  • Barrel Roof Shape

Interior Spaces

  • 2,701 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Impact Glass

Flooring

  • Carpet
  • Tile

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • Sprinkler System

Listing and Financial Details

  • Total Actual Rent $1,800
  • Assessor Parcel Number 494211071790

Community Details

Overview

  • 2 Units
  • Coral Ridge Isles 45 47 B Subdivision, Ranch, Duplex Floorplan

Additional Features

  • Laundry Facilities
  • Net Operating Income $21,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,838

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: from Commercial Blvd., go north on NE 18th Av, left on NE 55th St, left on first street which is NE 17th Ter to the property on the left.
  • Year Built: 1964
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Carpet, Tile
  • Living Area: 2701.0
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Lighting, Patio
  • Lot Features: Sprinkler System, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: None
  • Community Features: Non-Gated, Laundry Facilities

Lot Info

  • Parcel #: 494211071790
  • Zoning Description: RD-15

Multi Family

  • Property Net Operating Income: 21600.0
  • Number Of Units Total: 2
  • Total Actual Rent: 1800.0

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4838.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
May 27, 2021
Sold by
Johnston Loretta A
Bought by
Johnson Benjamin and The 5360 5362 Ne 17 Terrace La
Seller's Agent
Ron Spradlin
Inactive Member
Buyer's Agent
Joshua Schwartz
Sunbelt Investment Properties
List Price
$495,000
Sold Price
$485,000
Premium/Discount to List
-$10,000
-2.02%
Current Estimated Value
$814,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,714
Avg. Annual Appreciation
12.69%

Purchase Details

Closed on
Jul 31, 2002
Sold by
Pasquinelli Michael L
Bought by
Johnston Loretta A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.52%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 16, 1994
Sold by
Lemm Marlene
Bought by
Pasquinelli Michael L and Pasquinelli Lawrence M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.73%
Mortgage Type
Commercial
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
Johnson Benjamin $485,000 Citadel T&E Co Llc
Johnston Loretta A -- Sunbelt Title Agency
Johnston Loretta A $264,000 Sunbelt Title Agency
Pasquinelli Michael L $149,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 5360-5362 Ne 17 Terrace Land T $340,000
Previous Owner Johnston Loretta A $181,000
Previous Owner Johnston Loretta A $100,000
Previous Owner Johnston Loretta A $56,000
Previous Owner Johnston Loretta A $245,000
Previous Owner Johnston Loretta A $235,000
Previous Owner Pasquinelli Michael L $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2021 05/27/21 Sold $485,000 -2.0% $180 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $495,000 -- $183 / 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 $12,544 $636,950 -- --
2024 $11,145 $636,950 -- --
2023 $11,145 $526,410 $0 $0
2022 $10,006 $478,560 $68,820 $409,740
2021 $5,131 $223,620 $0 $0
2020 $4,838 $296,980 $0 $0
2019 $4,283 $299,220 $0 $0
2018 $3,871 $285,090 $0 $0
2017 $3,829 $185,760 $0 $0
2016 $3,667 $178,130 $0 $0
2015 $3,386 $171,700 $0 $0
2014 $3,256 $165,790 $0 $0
2013 -- $208,380 $68,820 $139,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10281016

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-11-07-1790