NOT LISTED FOR SALE

Estimated Value: $711,000 - $1,429,000

4 Beds
4 Baths
2,200 Sq Ft
$464/Sq Ft Est. Value

Last Sold June 22, 2015

Last sale price $240,000 $109 Per Sq Ft

Est. 325% increase in value since last sale

Current estimated payment $6,388/month

23 Days on Market

Highlights

  • Tile Flooring
  • Fort Lauderdale High School Rated A
  • 4-minute walk to Sistrunk Park

About This Home

As of June 2015

This home is located at 647 NW 3rd Ave Unit 1-4, Fort Lauderdale, FL 33311 since 29 April 2015 and is currently estimated at $1,020,333, approximately $463 per square foot. This property was built in 1971. 647 NW 3rd Ave Unit 1-4 is a home located in Broward County with nearby schools including North Side Elementary School, Sunrise Middle School, and Fort Lauderdale High School.

Last Agent to Sell the Property

George Coloney

The Keyes Company License #0696185 Listed on: 04/29/2015

The Keyes Company

Co-Listed By

Lindsey Way, PA

Douglas Elliman License #3296776

Douglas Elliman

Last Buyer's Agent

Lindsey Way, PA

Douglas Elliman License #3296776

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,136

Year Built

  • Built in 1971

Lot Details

  • 6,752

Parking

  • 7 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 2,200 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cable TV Available

Community Details

  • 4 Units
  • Progresso Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494234076700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,136

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Year Built: 1971
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2200.0

Exterior Features

  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Flat, Tile

Garage/Parking

  • Total Parking Spaces: 7.0

Utilities

  • Cooling: Other
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: Other

Lot Info

  • Parcel #: 494234076700
  • Zoning Description: RMM25

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3136.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2022
Sold by
Villada Properties Llc
Bought by
312 Nw 7Th Street Llc
Current Estimated Value
$1,020,333

Purchase Details

Closed on
Nov 13, 2019
Sold by
Panesso Sandra
Bought by
Villada Properties Llc

Purchase Details

Closed on
Apr 30, 2018
Sold by
Kim Jennifer
Bought by
Panesso Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,345
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 29, 2015
Closed on
Jun 17, 2015
Sold by
Lps Apartment Rentals Llc
Bought by
Kim Jennifer
Seller's Agent
George Coloney
The Keyes Company
Buyer's Agent
Lindsey Way, PA
Douglas Elliman
List Price
$256,000
Sold Price
$240,000
Premium/Discount to List
-$16,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.21%
Original Mortgage
$156,000
Interest Rate
3.92%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 5, 2012
Sold by
Progresso Landings Llc
Bought by
Lps Apartment Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Apr 27, 2012
Sold by
Rio Vista Llc
Bought by
Progresso Landings Llc

Purchase Details

Closed on
Nov 28, 2011
Sold by
Aurora Loan Services Llc
Bought by
Rio Vista Llc

Purchase Details

Closed on
Jun 29, 2007
Sold by
Meza Pedro P
Bought by
Taylor Stephen Ross

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,750
Interest Rate
7.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 29, 2004
Sold by
Whatley Jessica
Bought by
Meza Pedro P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 2003
Sold by
Laos David J
Bought by
Whatley Jessica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,800
Interest Rate
5.76%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 30, 2002
Sold by
Ocean Properties Llc
Bought by
Laos David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
6.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 2002
Sold by
Manufacturers & Traders Trust Company
Bought by
Ocean Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
15%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 11, 1999
Sold by
Howard Kratenstein Tr
Bought by
Christenson Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,500
Interest Rate
6.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 18, 1998
Sold by
Smith Rochelle
Bought by
Kratenstein Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,000
Interest Rate
6.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 24, 1998
Sold by
Howard Kratenstein Tr
Bought by
Smith Rochelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 1998
Sold by
Obryant Angeline B and Beard Vernon L
Bought by
Kratenstein Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
6.99%
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
312 Nw 7Th Street Llc $1,400,000 None Listed On Document
Villada Properties Llc -- Supreme Title & Escrow Inc
Panesso Sandra $340,000 Supreme Title & Escrow Inc
Kim Jennifer $240,000 East Coast Title Svcs Inc
Lps Apartment Rentals Llc $100,000 Attorney
Progresso Landings Llc $85,000 Attorney
Rio Vista Llc $87,500 Attorney
Taylor Stephen Ross $269,000 Attorney
Meza Pedro P $255,000 Elite Land Title Inc
Whatley Jessica M $191,000 Elite Land Title Inc
Laos David $108,000 Olympia Title Inc
Ocean Properties Llc $84,400 --
Christenson Mary K $155,000 --
Kratenstein Howard $100 --
Smith Rochelle $190,000 --
Kratenstein Howard $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 312 Nw 7Th Street Llc $4,325,000
Previous Owner Panesso Sandra $393,750
Previous Owner Panesso Sandra $293,345
Previous Owner Kim Jennifer $156,000
Previous Owner Lps Apartment Rentals Llc $100,000
Previous Owner Taylor Stephen Ross $201,750
Previous Owner Meza Pedro P $229,500
Previous Owner Whatley Jessica M $152,800
Previous Owner Laos David $102,600
Previous Owner Ocean Properties Llc $88,000
Previous Owner Kratenstein Howard $15,500
Previous Owner Kratenstein Howard $97,000
Previous Owner Kratenstein Howard $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2015 06/22/15 Sold $240,000 -6.3% $109 / Sq Ft
05/23/2015 05/23/15 Pending -- -- --
04/29/2015 04/29/15 For Sale $256,000 -- $116 / 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 $10,458 $451,940 -- --
2024 $8,903 $451,940 $33,760 $339,750
2023 $8,903 $373,510 $33,760 $339,750
2022 $8,274 $340,860 $0 $0
2021 $7,467 $309,880 $33,760 $276,120
2020 $7,436 $309,880 $33,760 $276,120
2019 $7,079 $313,980 $33,760 $280,220
2018 $5,951 $278,520 $33,760 $244,760
2017 $5,517 $243,200 $0 $0
2016 $5,240 $221,280 $0 $0
2015 $3,325 $123,130 $0 $0
2014 -- $111,940 $0 $0
2013 -- $104,590 $33,760 $70,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1338987

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-34-07-6700