NOT LISTED FOR SALE

Estimated Value: $619,000 - $716,055

-- Bed
-- Bath
2,306 Sq Ft
$297/Sq Ft Est. Value

Last Sold July 25, 2016

Last sale price $300 $0 Per Sq Ft

Est. 228,155% increase in value since last sale

Current estimated payment $4,624/month

8 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • 3-minute walk to James Ales Memorial Park

About This Home

As of July 2016

Tremendous opportunity to own a triplex is in excellent condition that has received lots of upgrades such as a new kitchen ceramic tile floor bath etc. Property has a separate water meters. The property has a considerable amount of upside potential withou t the need of any capital improvements; it’s just a matter of increasing the rents. Family occupies which will become vacant shortly after closing. It is estimated that the 2 bedroom shall rent for $1200 and the one bedroom at $800 per month at a minimu

Last Agent to Sell the Property

Peter Dacko

Media Realty License #0600065 Listed on: 06/17/2016

Last Buyer's Agent

Peter Dacko

Media Realty License #0600065 Listed on: 06/17/2016

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1972

Lot Details

  • 6,011

Parking

  • 6 Parking Spaces

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 2,306 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $27,600
  • Rent includes trash collection
  • Assessor Parcel Number 504126191400

Community Details

Overview

  • 3 Units
  • Playland Village Sec 4 52 Subdivision

Building Details

  • Net Operating Income $12,594

Property Details

Home Type

Multi-Family

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Please view the attached prospectus for all questions concerning the subject property. NOTE added value opportunity current cash flow not representative of market. Stabilized income shows 10.84% leveraged ROI. 2 units vacant at closing (owner vacating)
  • Year Built: 1972
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2306.0

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 6.0

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Trash Collection

Lot Info

  • Parcel #: 504126191400
  • Zoning Description: RAC-ND4

Multi Family

  • Property Net Operating Income: 12594.0
  • Number Of Units Total: 3
  • Total Actual Rent: 27600.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 6546.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2022
Sold by
Clark Pearlie
Bought by
Pearlie Clark Living Trust
Current Estimated Value
$684,764

Purchase Details

Listed on
Jun 17, 2016
Closed on
Jul 25, 2016
Sold by
Granath Maitland R and Granath Jeanne K
Bought by
Clark Leon H
Seller's Agent
Peter Dacko
Media Realty
Buyer's Agent
Peter Dacko
Media Realty
List Price
$325,000
Sold Price
$300
Premium/Discount to List
-$324,700
-99.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
134.98%

Purchase Details

Closed on
Aug 30, 2002
Sold by
Granath Robert
Bought by
Granath Maitland R

Purchase Details

Closed on
Apr 1, 1992
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
Pearlie Clark Living Trust -- --
Clark Leon H $300,000 Town & Country Title Guaran
Granath Maitland R -- Sun Title
Available Not $94,286 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Granath Maitland R $176,440
Previous Owner Granath Maitland R $25,000
Previous Owner Granath Maitland R $223,249
Previous Owner Granath Maitland R $224,315
Previous Owner Granath Maitland R $118,755
Previous Owner Granath Maitland Robert $126,012
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2016 07/25/16 Sold $300 -99.9% $0 / Sq Ft
06/25/2016 06/25/16 Pending -- -- --
06/17/2016 06/17/16 For Sale $325,000 -- $141 / 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 $10,710 $493,860 -- --
2024 $9,726 $483,720 $48,240 $435,480
2023 $9,726 $408,160 $48,240 $359,920
2022 $8,654 $373,090 $0 $0
2021 $7,969 $339,180 $0 $0
2020 $7,555 $317,840 $48,240 $269,600
2019 $6,791 $288,010 $48,240 $239,770
2018 $6,444 $301,270 $48,240 $253,030
2017 $5,655 $231,680 $0 $0
2016 $2,449 $113,850 $0 $0
2015 $2,300 $108,820 $0 $0
2014 $2,180 $104,140 $0 $0
2013 -- $131,150 $48,240 $82,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: H10101566

BeachesMLS (Greater Fort Lauderdale)

APN: 50-41-26-19-1400