NOT LISTED FOR SALE

Estimated Value: $521,000 - $548,455

4 Beds
2 Baths
1,578 Sq Ft
$340/Sq Ft Est. Value

Last Sold April 18, 2024

Last sale price $515,000 $326 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,457/month

148 Days on Market

About This Home

As of April 2024

Fantastic Investment Property. Each spacious residence features two bedrooms and one bath. Prime Location close to Downtown Davie, Hard Rock Hotel, and Highway access. Both units occupied.

Last Agent to Sell the Property

Paul Greenbaum

First Priority Realty, Inc License #3028903 Listed on: 11/21/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,791

Year Built

  • Built in 1970

Lot Details

  • 6,360

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,578 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • Davie Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504126160340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,791

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Orange Dr to 62nd Ave. Left on 44th st. Property on left.
  • Year Built: 1970
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1578.0

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 4.0

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: None
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 504126160340
  • Zoning Description: RAC-TC

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6791.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2023
Closed on
Apr 12, 2024
Sold by
Walter B Mears Family Revocable Living T and Mears Bill James
Bought by
Velasquez Maria Katherine and Gonzalez Jose
Seller's Agent
Paul Greenbaum
First Priority Realty, Inc
List Price
$575,000
Sold Price
$515,000
Premium/Discount to List
-$60,000
-10.43%
Views
225
Current Estimated Value
$537,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,114
Avg. Annual Appreciation
3.75%
Original Mortgage
$378,750
Outstanding Balance
$374,706
Interest Rate
6.74%
Mortgage Type
New Conventional
Estimated Equity
$162,972

Purchase Details

Closed on
Jul 1, 2009
Sold by
Mears Walter B and Mears Walter
Bought by
Mears Walter B and The Walter B Mears Family Revo

Purchase Details

Closed on
Aug 4, 1999
Sold by
Engle Donald
Bought by
Mears Walter

Purchase Details

Closed on
Dec 11, 1996
Sold by
Parisi Paolino and Parisi Filomena
Bought by
Engle Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,400
Interest Rate
7.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 1989
Sold by
Available Not
Bought by
Available Not
Source: Public Records

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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
Velasquez Maria Katherine $515,000 Law Title
Mears Walter B -- Attorney
Mears Walter $85,000 --
Engle Donald $88,000 --
Available Not $57,750 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velasquez Maria Katherine $378,750
Previous Owner Engle Donald $70,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2024 04/18/24 Sold $515,000 -6.2% $326 / Sq Ft
01/09/2024 01/09/24 Price Changed $549,000 -4.5% $348 / Sq Ft
11/21/2023 11/21/23 For Sale $575,000 -- $364 / 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 $7,279 $421,060 $50,880 $370,180
2024 $6,781 $381,080 $50,880 $330,200
2023 $6,781 $253,750 $0 $0
2022 $5,691 $230,690 $0 $0
2021 $5,235 $209,720 $0 $0
2020 $4,984 $231,090 $50,880 $180,210
2019 $4,427 $200,600 $50,880 $149,720
2018 $4,133 $198,160 $50,880 $147,280
2017 $3,785 $143,260 $0 $0
2016 $3,536 $130,240 $0 $0
2015 $3,306 $118,400 $0 $0
2014 $3,108 $107,640 $0 $0
2013 -- $101,130 $50,880 $50,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10410646

BeachesMLS (Greater Fort Lauderdale)

APN: 50-41-26-16-0340