NOT LISTED FOR SALE

Estimated Value: $754,000 - $950,000

-- Bed
-- Bath
1,593 Sq Ft
$543/Sq Ft Est. Value

Last Sold January 11, 2018

Last sale price $490,000 $308 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,840/month

32 Days on Market

Highlights

  • Corner Lot
  • Impact Glass
  • Tile Flooring
  • Harbordale Elementary School Rated A-
  • Patio
  • Central Air

About This Home

As of January 2018

Pristine corner property in prime Victoria Park location! Building offers remodeled kitchens, tile flooring, central A/C, upgraded windows & doors, private fenced patios, brick paver parking, & attractive landscape design. Top condition & fully occupied make this an ideal investment requiring minimal management. Offers to be submitted with proof of funds prior to any showings. Please drive by but do not stop or walk around on property.

Last Agent to Sell the Property

Ross Z. Herman

The Keyes Company License #372598 Listed on: 11/09/2017

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,731

Year Built

  • Built in 1964

Lot Details

  • Fenced
  • Corner Lot

Parking

  • 7 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,593 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Impact Glass

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $42,917
  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 504202240081

Community Details

Overview

  • 3 Units
  • Victoria Park Subdivision

Additional Features

  • Laundry Facilities
  • Net Operating Income $31,207

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,731

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: North of Broward Blvd & east of Federal Hwy. From Broward Blvd & Federal Hwy, go to NE 6 St, go east to NE 16 Ave, go north to property. From Sunrise Blvd go south on NE 16 Ave to property.
  • Year Built: 1964
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Fence, Patio
  • Lot Features: Corner Lot
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 7.0

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Sewer, Trash Collection, Water
  • Community Features: Laundry Facilities

Lot Info

  • Parcel #: 504202240081
  • Zoning Description: RCS-15

Multi Family

  • Property Net Operating Income: 31207.0
  • Number Of Units Total: 3
  • Total Actual Rent: 42917.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6731.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2017
Closed on
Jan 10, 2018
Sold by
Loring Charles V
Bought by
Yahu Corp
Seller's Agent
Ross Z. Herman
The Keyes Company
List Price
$495,000
Sold Price
$490,000
Premium/Discount to List
-$5,000
-1.01%
Current Estimated Value
$864,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$374,787
Avg. Annual Appreciation
8.21%

Purchase Details

Closed on
Sep 3, 2008
Sold by
Smith Kevin C and Smith Kelley
Bought by
Loring Charles

Purchase Details

Closed on
Apr 14, 1999
Sold by
Hoffer Deneen A
Bought by
Smith Kevin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.08%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 1996
Sold by
Evergreen Enterprises
Bought by
Hoffer Deneen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,400
Interest Rate
7.15%
Mortgage Type
Commercial

Purchase Details

Closed on
May 26, 1994
Sold by
Vargas Marguerite M
Bought by
Evergreen Ent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
8.24%
Mortgage Type
Commercial
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
Yahu Corp $490,000 Attorney
Loring Charles $225,000 Bayside Title & Escrow Inc
Smith Kevin C $230,000 --
Hoffer Deneen A $158,000 --
Evergreen Ent $120,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Kevin $130,000
Previous Owner Smith Kevin C $318,750
Previous Owner Smith Kevin C $288,000
Previous Owner Hoffer Deneen A $243,200
Previous Owner Hoffer Deneen A $184,000
Previous Owner Hoffer Deneen A $126,400
Previous Owner Evergreen Ent $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2018 01/11/18 Sold $490,000 -1.0% $308 / Sq Ft
12/12/2017 12/12/17 Pending -- -- --
11/09/2017 11/09/17 For Sale $495,000 -- $311 / 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 $15,004 $705,010 $134,700 $570,310
2024 $14,278 $705,010 $134,700 $570,310
2023 $14,278 $645,660 $0 $0
2022 $12,978 $586,970 $0 $0
2021 $12,308 $533,610 $0 $0
2020 $10,776 $507,320 $80,820 $426,500
2019 $9,129 $485,910 $80,820 $405,090
2018 $7,439 $427,790 $80,820 $346,970
2017 $6,731 $304,170 $0 $0
2016 $6,270 $276,520 $0 $0
2015 $5,687 $251,390 $0 $0
2014 $5,307 $228,540 $0 $0
2013 -- $223,110 $80,820 $142,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10092406

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-02-24-0081