NOT LISTED FOR SALE

Estimated Value: $881,000 - $1,185,000

5 Beds
3 Baths
4,385 Sq Ft
$225/Sq Ft Est. Value

Last Sold February 27, 2017

Last sale price $365,000 $83 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $6,661/month

15 Days on Market

Highlights

  • Central Heating and Cooling System
  • Fenced
  • Carpet

About This Home

As of February 2017

This property is eligible under the Freddie Mac First Look Initiative through 01/31/2017 during this time only Owner Occupant buyers are eligible. This beautiful building has been designated a Historic Landmark. It currently 4 unit but can be 5 units. With terrific land space and 7 designated parking spots, the property has amazing potential. It is walking distance from Las Olas and extremely close to the beach. This is a must see so present all offers today!

Last Buyer's Agent

Matthew Letourneau

Transaction Realty LLC License #3316186

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,560

Year Built

  • Built in 1951

Lot Details

  • Fenced

Parking

  • 7 Parking Spaces

Home Design

  • Quadruplex
  • Frame Construction
  • Aluminum Roof

Interior Spaces

  • 4,385 Sq Ft Home
  • 2-Story Property
  • Carpet

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 4 Units
  • Lauderdale 2 9 D Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504215011070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,560

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: I95 TO DAVIE BLVD EAST TO LEFT ON SW 9TH AVE THEN RIGHT ON SW 7TH ST THEN RIGHT ON SW 7TH AVE THEN LEFT ON SW 9TH STREET.
  • Year Built: 1951
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: 5120
  • Stories: 2

Interior Features

  • Private Spa: No
  • Flooring: Carpet
  • Living Area: 4385.0
  • Window Features: Other

Exterior Features

  • Exterior Features: Fence
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame, Stucco
  • Property Condition: Resale
  • Roof: Aluminum

Garage/Parking

  • Total Parking Spaces: 7.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: None

Lot Info

  • Parcel #: 504215011070
  • Zoning Description: RD-15

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 7560.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2020
Sold by
Letourneau Daniel
Bought by
Buy Rent Sell Now Llc
Current Estimated Value
$985,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Outstanding Balance
$1,284,316
Interest Rate
2.8%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$298,983

Purchase Details

Listed on
Jan 12, 2017
Closed on
Feb 24, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Letourneau Daniel
Buyer's Agent
Matthew Letourneau
Transaction Realty LLC
List Price
$389,900
Sold Price
$365,000
Premium/Discount to List
-$24,900
-6.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.35%
Original Mortgage
$369,000
Interest Rate
4.09%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 31, 2016
Sold by
Trigg Michael
Bought by
Trigg Michelle and Trigg Michael

Purchase Details

Closed on
Sep 7, 2016
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 21, 2015
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 30, 2014
Sold by
Trigg Michael
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 15, 1994
Sold by
Rowe John Joseph and Rowe Leslie M
Bought by
Trigg Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,507
Interest Rate
7.2%
Mortgage Type
FHA
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
Buy Rent Sell Now Llc -- Brown Marc
Letourneau Daniel $365,000 Consumer Title & Escrow Serv
Trigg Michelle -- None Available
Federal Home Loan Mortgage Corporation -- None Available
Federal Home Loan Mortgage Corporation -- None Available
Wells Fargo Bank Na $225,100 None Available
Trigg Michael $77,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Buy Rent Sell Now Llc $1,440,000
Previous Owner Letourneau Daniel $369,000
Previous Owner Trigg Michael $320,000
Previous Owner Trigg Michael $77,507
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2017 02/27/17 Sold $365,000 -6.4% $83 / Sq Ft
01/28/2017 01/28/17 Pending -- -- --
01/12/2017 01/12/17 For Sale $389,900 -- $89 / 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 $16,003 $721,920 $97,290 $624,630
2024 $14,815 $721,920 $97,290 $624,630
2023 $14,815 $646,160 $97,290 $548,870
2022 $14,292 $632,530 $0 $0
2021 $13,099 $575,030 $97,290 $477,740
2020 $12,007 $576,140 $97,290 $478,850
2019 $10,160 $497,510 $97,290 $400,220
2018 $8,597 $403,060 $97,290 $305,770
2017 $7,993 $362,570 $0 $0
2016 $7,560 $329,610 $0 $0
2015 $6,261 $261,930 $0 $0
2014 $3,020 $125,030 $0 $0
2013 -- $238,700 $97,290 $141,410
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: H10205746

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-15-01-1070