NOT LISTED FOR SALE

Estimated Value: $427,800 - $513,000

4 Beds
2 Baths
1,478 Sq Ft
$321/Sq Ft Est. Value

Last Sold May 01, 2019

Last sale price $240,000 $162 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,312/month

100 Days on Market

Highlights

  • Newly Remodeled
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • No HOA
  • Tile Flooring
  • 2-minute walk to James Ales Memorial Park

About This Home

As of May 2019

*EXCELLENT DUPLEX INVESTMENT OPPORTUNITY IN DAVIE* 2/1 AND 1/1, THE 2/1 HAS WASHER AND DRYER IN THE UNIT* TENANTS PAY WATER* BIG LOT AND FENCED YARD*

Last Agent to Sell the Property

Joseph Menachem

United Realty Group Inc License #3288286 Listed on: 01/06/2019

United Realty Group Inc

Co-Listed By

Shlomo Menachem

United Realty Group Inc License #0614483

Last Buyer's Agent

Connie Ferreira

United Realty Group Inc License #3299055

United Realty Group Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,381

Year Built

  • Built in 1967 | Newly Remodeled

Lot Details

  • 6,011

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,478 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $22,800
  • Rent includes electricity
  • Assessor Parcel Number 504126191370

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Playland Village Sec 4 Condos
  • Playland Village Sec 4 Subdivision

Building Details

  • Operating Expense $6,361
  • Net Operating Income $16,439

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,381

Year Built

Built in 1967 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1967
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Co List Office Mls Id: EPKW01
  • Co List Office Phone: 305-931-2224
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: PLAYLAND VILLAGE SEC 4
  • Year Built Details: New Construction
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PLAYLAND VILLAGE SEC 4
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 504126191370
  • Zoning: 0
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity

Multi Family

  • Net Operating Income: 16439
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Operating Expense: 6361
  • Total Actual Rent: 22800

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4381

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2019
Closed on
Apr 30, 2019
Sold by
Mel Global Solutions Llc
Bought by
D & C Inspection Services Inc
Seller's Agent
Joseph Menachem
United Realty Group Inc
Buyer's Agent
Connie Ferreira
United Realty Group Inc
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Current Estimated Value
$474,950

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,950
Avg. Annual Appreciation
11.75%
Original Mortgage
$153,600
Interest Rate
4.2%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 29, 2015
Sold by
Tomsey Jerry M and Tomsey Candace S
Bought by
Mem Global Solutions Llc
Source: Public Records

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Range of Values:

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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
D & C Inspection Services Inc $240,000 Attorney
Mem Global Solutions Llc $157,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open D & C Inspection Services Inc $316,900
Closed D & C Inspection Services Inc $153,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2019 05/01/19 Sold $240,000 -4.0% $162 / Sq Ft
04/16/2019 04/16/19 Pending -- -- --
01/06/2019 01/06/19 For Sale $250,000 -- $169 / 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 $7,987 $371,560 -- --
2024 $7,426 $371,560 -- --
2023 $7,426 $307,090 $0 $0
2022 $6,309 $279,180 $0 $0
2021 $5,798 $253,800 $48,240 $205,560
2020 $5,531 $233,120 $48,240 $184,880
2019 $4,731 $198,510 $48,240 $150,270
2018 $4,381 $185,870 $48,240 $137,630
2017 $4,007 $166,330 $0 $0
2016 $3,734 $151,260 $0 $0
2015 $3,159 $111,560 $0 $0
2014 $2,974 $101,420 $0 $0
2013 -- $95,120 $48,240 $46,880
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10594501

MIAMI REALTORS® MLS

APN: 50-41-26-19-1370