$89,000
SOLD APR 14, 2016

640 NW 13th St Unit 240 Boca Raton, FL 33486

1 Bed
1 Bath
700 Sq Ft
$208/mo HOA Fee

Recently Sold

$127 Per Sq Ft

15% Below List Price

10 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Patio
  • Boca Raton Community Middle School Rated A-
  • Cooling Available
  • Guest Parking

About This Home

As of April 2016

Great opportunity for Investors. Low association dues, only $208. Already rented at $900 a month till July 2016, close to FAU, boca mall, beach and shopping. This is a second floor unit. You can start collecting rent asap you buy it and rental rates going up to $1050 a month as you can get the same when you have a new tenant.

Last Agent to Sell the Property

Ramazan Dilek

Aslan Realty Corp License #3185715 Listed on: 03/04/2016

Last Buyer's Agent

Ramazan Dilek

Nancy Mangel

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,278

Year Built

  • Built in 1979

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Pre-Cast Concrete Construction

Interior Spaces

  • 700 Sq Ft Home
  • 4-Story Property
  • Carpet
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Patio
  • West Facing Home

Listing and Financial Details

  • Assessor Parcel Number 06434719226400240

Community Details

Overview

  • Association fees include all facilities, common areas, maintenance structure, trash
  • Spanish Oaks Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,278

Year Built

Built in 1979

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: GLADES EAST OF 95 TO NW 13TH ST PASS GUARD TO BLDG.
  • Year Built: 1979
  • Carport Y N: No
  • Year Built Details: Unknown
  • Special Features: None

Interior Features

  • Interior Amenities: Second Floor Entry, Other
  • Appliances: Dishwasher, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet
  • Living Area: 700.0
  • Stories: 4

Exterior Features

  • Exterior Features: Patio
  • View: Other
  • Pool Features: Association
  • Waterfront: No
  • Construction Type: Pre-Cast Concrete
  • Direction Faces: West
  • Patio And Porch Features: Patio
  • Property Condition: Unknown

Garage/Parking

  • Garage Yn: No
  • Parking Features: Guest, One Space

Utilities

  • Security: Other
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 208.0
  • Senior Community: No
  • Amenities: Clubhouse, Other, Pool
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: All Facilities, Common Areas, Maintenance Structure, Trash

Lot Info

  • Parcel #: 06434719226400240

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1278.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2016
Closed on
Apr 14, 2016
Sold by
Fadl Bashir
Bought by
Karakas Sabriye
Seller's Agent
Ramazan Dilek
Aslan Realty Corp
Buyer's Agent
Ramazan Dilek
Nancy Mangel
List Price
$105,000
Sold Price
$89,000
Premium/Discount to List
-$16,000
-15.24%
Current Estimated Value
$189,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,471
Avg. Annual Appreciation
8.15%

Purchase Details

Closed on
Aug 11, 2015
Sold by
Fattah Dr Reda A Abdel and Alattar Mervat M
Bought by
Fadl Bashir

Purchase Details

Closed on
Apr 25, 2006
Sold by
Banuchi Robert and Banuchi Karin
Bought by
Abdel Fattah Dr Reda A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,514
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2003
Sold by
Banuchi Michael A
Bought by
Banuchi Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 30, 1996
Sold by
Martin Michael B
Bought by
Banuchi Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,500
Interest Rate
7.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 1995
Sold by
Martin Arlene E and Martin Michael B
Bought by
Martin Michael B
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $89,000 Gold Coast Title Company Ser
Warranty Deed $68,000 Gold Coast Title Co Svcs Inc
Warranty Deed $133,000 Security First Title Partner
Interfamily Deed Transfer $30,000 --
Warranty Deed $36,200 --
Quit Claim Deed $7,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $108,514 Purchase Money Mortgage
Previous Owner $27,000 Purchase Money Mortgage
Previous Owner $32,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2016 10/12/16 Rented $1,050 -16.0% --
09/12/2016 09/12/16 Under Contract -- -- --
07/23/2016 07/23/16 For Rent $1,250 0.0% --
04/14/2016 04/14/16 Sold $89,000 -15.2% $127 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $105,000 -- $150 / 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
2024 $2,982 $157,000 -- --
2023 $2,429 $112,530 $0 $0
2022 $2,223 $102,300 $0 $0
2021 $1,970 $93,000 $0 $93,000
2020 $1,915 $90,000 $0 $90,000
2019 $1,835 $83,000 $0 $83,000
2018 $1,769 $84,000 $0 $84,000
2017 $1,643 $76,000 $0 $0
2016 $1,582 $72,000 $0 $0
2015 $1,278 $49,500 $0 $0
2014 $1,104 $45,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1382847

BeachesMLS (Greater Fort Lauderdale)

APN: 06-43-47-19-22-640-0240