NOT LISTED FOR SALE

6001 NW 42nd Terrace Fort Lauderdale, FL 33319

Estimated Value: $317,000 - $382,000

4 Beds
2 Baths
1,025 Sq Ft
$332/Sq Ft Est. Value

Last Sold July 11, 2022

Last sale price $299,000 $292 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,484/month

51 Days on Market

Highlights

  • Deck
  • Concrete Block With Brick
  • 1-Story Property
  • No HOA
  • Tile Flooring
  • 3-minute walk to City of North Lauderdale Pompano Park

About This Home

As of July 2022

Great investment property (ROI of 7.27 % or more). The property is currently rented for $2,322 USD/month to a Section 8 tenant (as of May 2022, the government portion pays 100% of the rent). *The lease is until Oct 31st and could potentially be increased to $2,596 USD on renewal (potential ROI: 8.29%). The management company will love to continue managing the property for the new owner (feel free to ask for details).


Please do not disturb the tenant or knock on the door! Showings only with an executed contract.

Last Agent to Sell the Property

Denise Haeussler Leatherbee

London Foster Realty License #3401909 Listed on: 05/20/2022

London Foster Realty

Last Buyer's Agent

Denise Haeussler Leatherbee

London Foster Realty License #3401909 Listed on: 05/20/2022

London Foster Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,611

Year Built

  • Built in 1960

Lot Details

  • North Facing Home
  • Property is zoned 3900

Home Design

  • Concrete Block With Brick
  • Shingle Roof

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Additional Features

  • Deck
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Pompano Park Sec 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494112110550

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,611

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1960
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: POMPANO PARK SEC 1
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: Owner
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, No Additional Rooms
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile
  • Furnished: Unfurnished
  • Possible Use: Investment
  • Bedroom Features: Entry Level
  • Living Room Features: No Additional Rooms

Exterior Features

  • Roof: Shingle
  • View: None
  • Construction Type: Concrete Block With Brick
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: POMPANO PARK SEC 1
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494112110550
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4611

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2022
Closed on
Jul 11, 2022
Sold by
Costa Green Ocean Llc
Bought by
Carss Holdings Llc
Seller's Agent
Denise Haeussler Leatherbee
London Foster Realty
Buyer's Agent
Denise Haeussler Leatherbee
London Foster Realty
List Price
$320,000
Sold Price
$299,000
Premium/Discount to List
-$21,000
-6.56%
Current Estimated Value
$341,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,138
Avg. Annual Appreciation
4.94%

Purchase Details

Closed on
Jul 17, 2020
Sold by
Cowan Erin and The 6001 Nw 42Nd Tert Land Tru
Bought by
Costa Green Ocean Llc
Source: Public Records

Range of Values:

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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
Carss Holdings Llc $299,000 Quaker Title & Escrow
Costa Green Ocean Llc $195,000 Independence Title Inc
Cowan Erin $179,000 Independence Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chadwick Delbert F $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $299,000 -6.6% $292 / Sq Ft
05/20/2022 05/20/22 For Sale $320,000 -- $312 / 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 $7,511 $312,920 $25,230 $287,690
2024 $6,952 $301,910 $25,230 $276,680
2023 $6,952 $274,310 $25,230 $249,080
2022 $5,431 $193,050 $0 $0
2021 $4,687 $179,000 $25,230 $153,770
2020 $1,292 $71,190 $0 $0
2019 $1,284 $69,590 $0 $0
2018 $1,178 $68,300 $0 $0
2017 $1,128 $66,900 $0 $0
2016 -- $65,530 $0 $0
2015 -- $65,080 $0 $0
2014 -- $64,570 $0 $0
2013 $11 $70,200 $18,920 $51,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11206710

MIAMI REALTORS® MLS

APN: 49-41-12-11-0550