NOT LISTED FOR SALE

Estimated Value: $1,232,000 - $1,998,717

3 Beds
2 Baths
2,451 Sq Ft
$697/Sq Ft Est. Value

Last Sold October 05, 2018

Last sale price $250,000 $102 Per Sq Ft

Est. 583% increase in value since last sale

Current estimated payment $11,705/month

74 Days on Market

Highlights

  • Wood Flooring
  • Sun or Florida Room
  • Cooling Available
  • Main Floor Bedroom
  • No HOA
  • Guest Parking

About This Home

As of October 2018

Property underwent a complete interior demolition. All the drywall has been stripped. Property was built in the 1920's and has not been updated since. Buyer can decide to either proceed with restoring the home or redevelop the site. The lot is 130"x50". Existing 260 sq. ft guest house/garage on the back of the property which will be delivered as a vanilla shell to let the new owner use their imagination. Property is located on the historic 6th Ave with a canopy of oak trees. Call Eric for showing instructions 954-445-5477

If buyer decides they want property delivered as vacant land, seller willing to demolish structure and deliver an empty lot.

Last Agent to Sell the Property

Eric Fernandez

Ace Real Estate Group, LLC. License #3236335 Listed on: 07/02/2018

Last Buyer's Agent

Eric Fernandez

Ace Real Estate Group, LLC. License #3236335 Listed on: 07/02/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,770

Year Built

  • Built in 1924

Lot Details

  • 6,500 Sq Ft Lot
  • West Facing Home

Parking

  • 2 Car Garage
  • Driveway
  • Guest Parking
  • Open Parking

Home Design

  • Frame Construction

Interior Spaces

  • 2,451 Sq Ft Home
  • Family Room
  • Sun or Florida Room
  • Wood Flooring
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Mrs Elva A Truax Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504210540160

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,770

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1924
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Other
  • Directions: Located between south of Broward Blvd and north of Davie Blvd, turn south from Broward or north from Davie on to SW 4th Ave (Avenue of the Arts), turn west on SW 7th Street, turn north on SW 6th Ave
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: MRS ELVA A TRUAX SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry, Family Room, Florida Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 2451
  • Other Equipment: No Equipment
  • Possible Use: Investment
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Living Room Features: Family Room, Florida Room

Exterior Features

  • Roof: Other
  • View: None
  • Exterior Features: Other
  • Construction Type: Frame
  • Direction Faces: West
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MRS ELVA A TRUAX SUB
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Guest

Utilities

  • Sewer: Other
  • Water Source: Other
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 504210540160
  • Lot Size Sq Ft: 6500
  • Zoning: SFR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3770

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2020
Sold by
Forney Lupton Bay Llc
Bought by
Ace Real Estate Group Llc
Current Estimated Value
$1,707,679

Purchase Details

Listed on
Jul 2, 2018
Closed on
Oct 1, 2018
Sold by
Ace Real Estate Group Llc
Bought by
Forney Lupton Bay Llc
Seller's Agent
Eric Fernandez
Ace Real Estate Group, LLC.
Buyer's Agent
Eric Fernandez
Ace Real Estate Group, LLC.
List Price
$305,000
Sold Price
$250,000
Premium/Discount to List
-$55,000
-18.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.23%

Purchase Details

Closed on
Dec 29, 2017
Sold by
Ace Real Estate Group Llc
Bought by
Not Provided

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 25, 2016
Sold by
Murray June M
Bought by
Murray David D

Purchase Details

Closed on
Aug 1, 1991
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
Ace Real Estate Group Llc $275,000 Enterprise Title Inc
Forney Lupton Bay Llc $250,000 Attorney
Not Provided -- Enterprise Title Inc
Ace Real Estate Group Llc $260,000 Enterprise Title Inc
Murray David D $85,000 None Available
Available Not $8,571 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ace Real Estate Group Llc $175,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2018 10/05/18 Sold $250,000 -16.4% $102 / Sq Ft
09/14/2018 09/14/18 Pending -- -- --
09/06/2018 09/06/18 Price Changed $299,000 -2.0% $122 / Sq Ft
09/04/2018 09/04/18 For Sale $305,000 +22.0% $124 / Sq Ft
08/31/2018 08/31/18 Off Market $250,000 -- --
07/02/2018 07/02/18 For Sale $299,500 -- $122 / 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 $33,195 $1,854,790 $195,000 $1,659,790
2024 $30,677 $1,854,790 $195,000 $1,659,790
2023 $30,677 $1,546,620 $0 $0
2022 $1,458 $46,470 $0 $0
2021 $868 $42,250 $42,250 $0
2020 $864 $42,250 $42,250 $0
2019 $4,957 $250,000 $42,250 $207,750
2018 $4,254 $220,220 $42,250 $177,970
2017 $3,770 $231,340 $0 $0
2016 $855 $67,790 $0 $0
2015 $841 $67,320 $0 $0
2014 $849 $66,790 $0 $0
2013 -- $128,810 $32,500 $96,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10486274

MIAMI REALTORS® MLS

APN: 50-42-10-54-0160