NOT LISTED FOR SALE

Estimated Value: $776,000 - $1,227,247

Studio
-- Bath
45,000 Sq Ft
$23/Sq Ft Est. Value

Sale Details

Date Sold: October 7, 2014

Last sale price $510,000 $11 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $6,651 / mo

38 Days on Market

Highlights

  • 1.01 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Fenced
  • No HOA
  • Terrazzo Flooring
  • 1-Story Property

About This Home

As of October 2014

Hollywood Rental Property 9 Units. Great opportunity for investor/renovation to own for assessed value. Owner financing with 50% down. CBS structures in need of major repairs, four, 2 bed 1 bath & five, 1 bed 1 bath, in 5 buildings on over one acre of la nd. Possible to ad a unit. Close to shops, 441 & Hard Rock. Amazing potential.

Last Agent to Sell the Property

Barbara Marks

Monarch Properties License #0119301 Listed on: 07/31/2014

Last Buyer's Agent

Isaac MorYossef

G & E Realty Group, Inc License #3026619

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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 1.01 Acre Lot
  • Fenced

Home Design

  • Composition Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 45,000 Sq Ft Home
  • 1-Story Property
  • Sheet Rock Walls or Ceilings
  • 8 Foot Ceilings
  • Terrazzo Flooring

Parking

  • 20 Parking Spaces
  • Common or Shared Parking

Additional Features

  • City Lot
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity, telephone
  • Assessor Parcel Number 514112101150

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 9 Units

Building Details

  • Other Expense $2,012
  • Trash Expense $2,304
  • New Taxes Expense $12,804

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

1.01 Acres

Listing Details

  • Property Type: Commercial Sale
  • Year Built: 1954
  • Ownership: Sole Proprietor
  • Property Sub Type: Multi Family
  • Directions: TAFT ST 4 BLOCKS EAST OF 441.
  • Horses: No
  • Inclusions: Land Only, Business; Building And Land
  • Lot Size Acres: 1.01
  • New Construction: No
  • Road Frontage Type: City Street, City
  • Building Stories: 1
  • Structure Type: Multi Family
  • Year Built Details: Resale
  • LastStatus: Pending
  • CurrentPrice: 510000
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Number Of Buildings: 5
  • Stories: 1

Exterior Features

  • Roof: Composition Roll
  • Construction Type: CBS Construction, Plaster, Sheet Rock
  • Fencing: Fenced
  • Lot Features: City Location, 1 To Less Than 2 Acre Lot, Fenced
  • Pool Private: No
  • Property Condition: Handyman Special
  • View: No
  • Waterfront: No

Garage/Parking

  • Parking Features: Common
  • Total Parking Spaces: 20

Utilities

  • Water Source: Public
  • Trash Expense: 2304
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Electric: 110 Volts Power
  • Electricity On Property: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 514112101150
  • Current Use: Income Non-Waterfront
  • Lot Size Sq Ft: 45000
  • Zoning: 10 UNITS

Rental Info

  • Tenant Pays: Electricity, Telephone

Tax Info

  • Tax Year: 2013
  • New Taxes Expense: 12804
  • Tax Annual Amount: 12804

Multi Family

  • Number Of Units In Community: 9
  • Number Of Units Total: 9

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2014
Closed on
Oct 7, 2014
Sold by
Bought by
Seller's Agent
Barbara Marks
Monarch Properties
Buyer's Agent
Isaac MorYossef
G & E Realty Group, Inc
List Price
$535,000
Sold Price
$510,000
Premium/Discount to List
-$25,000
-4.67%
Current Estimated Value
$1,026,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,562
Avg. Annual Appreciation
6.09%
Original Mortgage
$255,000
Outstanding Balance
$190,798
Interest Rate
4.16%
Mortgage Type
Seller Take Back
Estimated Equity
$835,764
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$510,000 Transfer Title Services Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $255,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/07/2014 10/07/14 Sold $510,000 -4.7% $11 / Sq Ft
09/07/2014 09/07/14 Pending -- -- --
07/31/2014 07/31/14 For Sale $535,000 -- $12 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $12,107 $518,240 $138,040 $380,200
2025 $11,041 $503,850
2024 $10,658 $458,330 $138,040 $320,290
2023 $10,658 $433,050 $0 $0
2022 $9,741 $393,690 $0 $0
2021 $8,761 $357,900 $138,040 $219,860
2020 $8,733 $357,920 $138,040 $219,880
2019 $8,783 $357,920 $138,040 $219,880
2018 $8,024 $340,580 $138,040 $202,540
2017 $7,114 $291,430 $0 $0
2016 $6,673 $264,940 $0 $0
2015 $6,148 $240,420 $0 $0
2014 $6,583 $256,600 $0 $0
2013 -- $242,590 $138,040 $104,550
Source: Public Records

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Map

Source: MIAMI REALTORS® MLS

MLS Number: F1301778

MIAMI REALTORS® MLS

APN: 51-41-12-10-1150

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