NOT LISTED FOR SALE

Estimated Value: $408,242 - $564,000

2 Beds
1 Bath
1,300 Sq Ft
$382/Sq Ft Est. Value

Last Sold May 28, 2013

Last sale price $112,000 $86 Per Sq Ft

Est. 344% increase in value since last sale

Current estimated payment $3,187/month

78 Days on Market

Highlights

  • Newly Remodeled
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • No HOA
  • Tile Flooring
  • 1-Story Property

About This Home

As of May 2013

The address for this property is 5607 and 5611 Lincoln Street. Great investment property. Duplex in very good condition located in the heart of Hollywood. Two units with 2 bedrooms and 1 bath each. Great rental area. Buyer will pay for Doc Stamps on the D eed.

Last Agent to Sell the Property

Sara Kerpel

ORBIS Realty, LLC License #0612880 Listed on: 02/12/2013

Last Buyer's Agent

Sara Kerpel

ORBIS Realty, LLC License #0612880 Listed on: 02/12/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,921

Year Built

  • Built in 1941 | Newly Remodeled

Lot Details

  • 7,579

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 4 Units
  • Hollywood Beach Gardens C Condos
  • Hollywood Beach Gardens C Subdivision

Listing and Financial Details

  • Assessor Parcel Number 514113020020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,921

Year Built

Built in 1941 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1941
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Directions: CORNER OF 56TH AND LINCOLN STREET.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: HOLLYWOOD BEACH GARDENS C
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: 4116
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1300
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Flat Tile
  • 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: HOLLYWOOD BEACH GARDENS C
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514113020020
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1921

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2013
Closed on
May 8, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Iron Curtain Llc
Seller's Agent
Sara Kerpel
ORBIS Realty, LLC
Buyer's Agent
Sara Kerpel
ORBIS Realty, LLC
List Price
$139,900
Sold Price
$112,000
Premium/Discount to List
-$27,900
-19.94%
Current Estimated Value
$496,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$384,811
Avg. Annual Appreciation
13.12%

Purchase Details

Closed on
Jul 10, 2012
Sold by
Owen Lupe and City Of Hollywood
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 25, 2005
Sold by
Sorto Kenia and Torres Harold
Bought by
Owen Lupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
8.05%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 2004
Sold by
Top Video & Productions Usa Inc
Bought by
Sorto Kenia and Torres Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
7.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 2, 2003
Sold by
Falkiewicz Douglas
Bought by
Top Video & Productions Usa Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,700
Interest Rate
6.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 1982
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
Iron Curtain Llc $112,299 Premium Title Services Inc
Deutsche Bank National Trust Company $70,300 None Available
Owen Lupe $175,500 --
Sorto Kenia $145,000 --
Top Video & Productions Usa Inc $107,000 --
Available Not $31,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Owen Lupe $208,000
Previous Owner Owen Lupe $175,500
Previous Owner Sorto Kenia $137,750
Previous Owner Top Video & Productions Usa Inc $10,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2013 05/28/13 Sold $112,000 -19.9% $86 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $139,900 -- $108 / 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 $5,754 $239,620 -- --
2024 $4,932 $239,620 $45,350 $170,030
2023 $4,932 $198,040 $0 $0
2022 $4,505 $180,040 $0 $0
2021 $4,361 $163,680 $0 $0
2020 $3,918 $183,550 $45,350 $138,200
2019 $3,649 $165,500 $45,350 $120,150
2018 $3,323 $154,830 $45,350 $109,480
2017 $2,960 $111,810 $0 $0
2016 $2,785 $101,650 $0 $0
2015 $2,557 $92,410 $0 $0
2014 $2,271 $84,010 $0 $0
2013 -- $77,930 $41,500 $36,430
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1747486

MIAMI REALTORS® MLS

APN: 51-41-13-02-0020