NOT LISTED FOR SALE

Estimated Value: $423,731 - $603,000

-- Bed
-- Bath
1,980 Sq Ft
$269/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $279,000 $141 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,701/month

175 Days on Market

About This Home

As of June 2017

Great Find! Hollywood Duplex! Both Units are 2 Bedroom 2 Bath with Below Market Rents. Average Market Rents for the Area are $1200. Each Unit is Rented for $900. Building has Hurricane Shutters, Newer Roof & Appliances (2007). Washer/Dryer Hookups are in the back of the building. Coin Operated Machines Can Be Added for Extra Income. Potential Gross Income is $27,600. Tenants Pay Water, Electric, & Trash. Estimated Expenses are Taxes: $3,318 Lawn: $600 Insurance: $2,500. Estimated Potential Cap is 8%

Last Agent to Sell the Property

Carlos Montoya

Fidelity Real Estate Group LLC License #0623048 Listed on: 11/15/2016

Co-Listed By

Natasha Q Realtor

Fidelity Real Estate Group LLC License #3320937

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,034

Year Built

  • Built in 1983

Lot Details

  • 7,013

Parking

  • 8 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,980 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Tile

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $21,600
  • Rent includes gardener
  • Assessor Parcel Number 514113050350

Community Details

Overview

  • 2 Units
  • Gracewood 24 22 B Subdivision

Building Details

  • Net Operating Income $15,182

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,034

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Head north on US-441 N toward Fillmore St. Turn left onto Pierce St. Turn right onto NW 62 Ave
338 ft. Turn right onto Buchanan St. Destination will be on the right
  • Year Built: 1983
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Carpet, Tile
  • Living Area: 1980.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Gardener

Lot Info

  • Parcel #: 514113050350
  • Zoning Description: RM-9

Multi Family

  • Property Net Operating Income: 15182.0
  • Number Of Units Total: 2
  • Total Actual Rent: 21600.0

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3034.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2023
Sold by
Kucine Scott and Kucine Melissa
Bought by
Rcx Builders Llc
Current Estimated Value
$533,433

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.13%
Mortgage Type
Balloon

Purchase Details

Listed on
Nov 15, 2016
Closed on
Jun 6, 2017
Sold by
Hariff Raymon and Salinas Sharlene
Bought by
Kucine Scott and Kucine Melissa
Seller's Agent
Carlos Montoya
Fidelity Real Estate Group LLC
List Price
$299,900
Sold Price
$279,000
Premium/Discount to List
-$20,900
-6.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$209,250
Interest Rate
4.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 19, 2001
Sold by
Gayeski Martin
Bought by
Hariff Raymon and Salinas Sharlene

Purchase Details

Closed on
Sep 1, 1983
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
Rcx Builders Llc $429,000 Magic City Title
Kucine Scott $279,000 Maimi Title Group Inc
Hariff Raymon $89,900 --
Available Not $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Rcx Builders Llc $300,000
Previous Owner Kucine Scott $209,250
Previous Owner Hariff Raymon $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2017 06/09/17 Sold $279,000 -7.0% $141 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
11/15/2016 11/15/16 For Sale $299,900 -- $151 / 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 $9,522 $431,680 $41,980 $389,700
2024 $8,436 $421,700 $41,980 $379,720
2023 $8,436 $354,100 $0 $0
2022 $7,296 $321,910 $41,980 $279,930
2021 $6,770 $295,300 $41,980 $253,320
2020 $6,276 $272,010 $41,980 $230,030
2019 $6,352 $272,010 $41,980 $230,030
2018 $5,898 $257,040 $41,980 $215,060
2017 $3,533 $134,340 $0 $0
2016 $3,318 $122,130 $0 $0
2015 $3,034 $111,030 $0 $0
2014 $2,823 $100,940 $0 $0
2013 -- $97,260 $41,980 $55,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10039189

BeachesMLS (Greater Fort Lauderdale)

APN: 51-41-13-05-0350