NOT LISTED FOR SALE

Estimated Value: $567,000 - $707,000

4 Beds
4 Baths
1,976 Sq Ft
$318/Sq Ft Est. Value

Last Sold February 02, 2017

Last sale price $850,000 $430 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $3,977/month

77 Days on Market

Highlights

  • No HOA
  • Porch
  • Central Heating and Cooling System
  • Balcony
  • Tile Flooring
  • 1-Story Property

About This Home

As of February 2017

Unique Turnkey Opportunity! Call Listing Agent For Analysis, Proforma, & Photos. Sold As (Five) Contiguous 4Bed/4Bath Duplex Units (20 Beds/20 Baths) For $975,000. Separate Folios @ 1/2 Acre+ Walled & Gated Corner Lot. Adjacent To East Side Of I-95. Separate Electric & Water Meter, Central HVAC, Washer/Dryer, Assigned Parking. Tenants Pay For All Utilities. Landlord Pays Insurance, Taxes, & Repairs. NO 40-Year Re-Certification Due To Being Separate Duplex Units. Market Rents Yield 9%-10% CAP/ROR.

Last Agent to Sell the Property

Cecil JeBailey

Jebailey Properties Inc. License #629119 Listed on: 09/06/2016

Last Buyer's Agent

Cecil JeBailey

Jebailey Properties Inc. License #629119 Listed on: 09/06/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,158

Year Built

  • Built in 2002

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,976 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-31-12-016-0300

Community Details

Overview

  • No Home Owners Association
  • Marden Heights Subdivision

Building Details

  • Operating Expense $32,100
  • Net Operating Income $93,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,158

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: ONE BLOCK EAST OF I-95 AND ONE BLOCK SOUTH OF 79TH STREET.
  • Year Built: 2002
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Living Area: 1976.0
  • Stories: 1

Exterior Features

  • Exterior Features: Balcony
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Porch, Balcony
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Separate Meters
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Not Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 01-31-12-016-0300
  • Mobile Dim Units: Feet
  • Zoning: R-2

Multi Family

  • Property Net Operating Income: 93300.0
  • Annual Operating Expense: 32100.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4158.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2016
Closed on
Feb 2, 2017
Sold by
Hargraves Marc
Bought by
78Th Street Apartments Llc
Seller's Agent
Cecil JeBailey
Jebailey Properties Inc.
Buyer's Agent
Cecil JeBailey
Jebailey Properties Inc.
List Price
$200,000
Sold Price
$850,000
Premium/Discount to List
$650,000
325%
Current Estimated Value
$628,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$221,743
Avg. Annual Appreciation
-3.31%
Original Mortgage
$136,000
Outstanding Balance
$65,586
Interest Rate
4.2%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$562,671

Purchase Details

Closed on
Feb 8, 2004
Sold by
R A Z Corp
Bought by
Hargraves Marc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.62%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
78Th Street Apartments Llc $170,000 Attotney
Hargraves Marc $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 78Th Street Apartments Llc $136,000
Previous Owner Hargraves Marc $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2017 02/02/17 Sold $850,000 +325.0% $430 / Sq Ft
01/03/2017 01/03/17 Pending -- -- --
09/15/2016 09/15/16 For Sale $200,000 -- $101 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $8,532 $372,148 -- --
2024 $7,473 $338,712 -- --
2023 $7,473 $307,920 $0 $0
2022 $6,797 $279,928 $0 $0
2021 $6,167 $254,480 $100,426 $154,054
2020 $5,773 $235,396 $79,463 $155,933
2019 $5,638 $228,499 $70,688 $157,811
2018 $5,454 $224,091 $35,588 $188,503
2017 $3,973 $123,049 $0 $0
2016 $3,906 $111,863 $0 $0
2015 $4,158 $123,049 $0 $0
2014 $3,997 $111,863 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10031172

BeachesMLS (Greater Fort Lauderdale)

APN: 01-3112-016-0300