NOT LISTED FOR SALE

Estimated Value: $1,303,614

-- Bed
1 Bath
6,000 Sq Ft
$217/Sq Ft Est. Value

Last Sold August 23, 2019

Last sale price $1,100,000 $183 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $9,002/month

209 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Wall Furnace

About This Home

As of August 2019

THE PROPERTY CONSISTS OF 6 RESIDENTIAL UNITS AND THREE STORE FRONTS AND ZONED C-3

Last Agent to Sell the Property

Philip Chiramel

Home Leaders Realty Corp License #0609206 Listed on: 12/26/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,694

Year Built

  • Built in 1960

Lot Details

  • 8,843

Parking

  • 12 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape

Interior Spaces

  • 6,000 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling Available
  • Wall Furnace
  • Septic Tank

Community Details

  • Hollywood Beach Heights S Subdivision
  • Net Operating Income $102,000

Listing and Financial Details

  • Total Actual Rent $126,000
  • Rent includes gardener, hot water, trash collection, water
  • Assessor Parcel Number 514112040750

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,694

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: 2 BLOCKS EAST OF STATE RD 7 (441) CORNER OF 57 AVE AND JOHNSON ST.
  • Year Built: 1960
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 6000.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Flat

Garage/Parking

  • Total Parking Spaces: 12.0

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer, Septic Tank
  • Utilities: Cable Not Available

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Hot Water, Trash Collection, Water

Lot Info

  • Parcel #: 514112040750
  • Zoning Description: C-3

Multi Family

  • Property Net Operating Income: 102000.0
  • Number Of Units Total: 1
  • Total Actual Rent: 126000.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 12694.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 19, 2024
Sold by
Mvgc Investments Llc
Bought by
5655 5659 Johnson Street Llc
Current Estimated Value
$1,303,614

Purchase Details

Listed on
Dec 26, 2018
Closed on
Aug 23, 2019
Sold by
Chiramel Philip and Chiramel Mary
Bought by
Mvgc Investments Llc
Seller's Agent
Philip Chiramel
Home Leaders Realty Corp
List Price
$1,150,000
Sold Price
$1,100,000
Premium/Discount to List
-$50,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%
Original Mortgage
$825,000
Interest Rate
3.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 2, 2019
Sold by
Chirmel Philip and Chirmel Mary
Bought by
Chiramel Philip and Chiramel Mary

Purchase Details

Closed on
Mar 1, 1990
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
5655 5659 Johnson Street Llc $1,300,000 None Listed On Document
Mvgc Investments Llc $1,100,000 Florida Ttl Professionals In
Chiramel Philip -- Attorney
Available Not $212,143 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mvgc Investments Llc $825,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2019 08/23/19 Sold $1,100,000 -4.3% $183 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
12/26/2018 12/26/18 For Sale $1,150,000 -- $192 / 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 $23,452 $1,175,980 $88,540 $1,087,440
2024 $23,402 $936,690 $88,540 $848,150
2023 $23,402 $936,690 $88,540 $848,150
2022 $22,948 $936,690 $88,540 $848,150
2021 $22,955 $936,690 $88,540 $848,150
2020 $22,896 $937,150 $88,540 $848,610
2019 $15,865 $668,290 $88,540 $579,750
2018 $14,066 $556,570 $88,540 $468,030
2017 $12,694 $474,940 $0 $0
2016 $11,969 $431,770 $0 $0
2015 $10,738 $392,520 $0 $0
2014 $10,439 $375,120 $0 $0
2013 -- $363,230 $88,540 $274,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: H10590305

BeachesMLS (Greater Fort Lauderdale)

APN: 51-41-12-04-0750