NOT LISTED FOR SALE

Estimated Value: $425,000 - $466,000

4 Beds
2 Baths
1,554 Sq Ft
$287/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $420,000 $270 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,483/month

42 Days on Market

Highlights

  • No HOA
  • Views
  • Terrazzo Flooring
  • Cooling Available
  • Laundry in Utility Room
  • 1-Story Property

About This Home

As of September 2024

Back on the market! Restore this classic Hollywood home back to its glory days and unlock its potential. You have the option to make it your home or convert it into a rental income powerhouse! Located near Hard Rock Casino, stunning beaches, top-notch shopping destinations, golf courses, and major airports, this home promises both lifestyle and investment appeal. Don’t miss this opportunity! Call Lorenzo to learn more about some unique features this home has to offer! Solar Panels payments transferable to buyer. Please see broker remarks.

Last Agent to Sell the Property

Luis Nunez

Charles Rutenberg Realty FTL License #3245482 Listed on: 06/17/2024

Charles Rutenberg Realty FTL

Co-Listed By

Lorenzo Lopez

Real Estate Authority LLC License #3569612

Last Buyer's Agent

Daniel Escalante

United Realty Group Inc License #3368813

United Realty Group Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $843

Year Built

  • Built in 1957

Lot Details

  • 6,341 Sq Ft Lot
  • South Facing Home
  • Property is zoned RS-6

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,554 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Property Views

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Terrazzo

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • 1 Attached Carport Space
  • Driveway
  • Open Parking

Schools

  • Driftwood Elementary And Middle School
  • Hollywood Hl High School

Utilities

  • Cooling Available
  • Heating System Uses Gas
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Palm Lane Villa No 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 514102030460

Home Details

Home Type

Single Family

Est. Annual Taxes

$843

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1957
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Carport Y N: Yes
  • Co List Office Mls Id: FLL276556548
  • Co List Office Phone: (954) 909-5496
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: PALM LANE VILLA NO 3
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Carpet, Terrazzo
  • Furnished: Unfurnished
  • Living Area: 1554
  • Possible Use: Investment
  • Bedroom Features: Entry Level
  • Living Room Features: Utility Room/Laundry

Exterior Features

  • Roof: Shingle
  • View: Other
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: PALM LANE VILLA NO 3
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Attached Carport, Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Driftwood
  • High School: Hollywood Hl High
  • Middle Or Junior School: Driftwood

Lot Info

  • Parcel Number: 514102030460
  • Lot Size Sq Ft: 6341
  • Zoning: RS-6
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 843

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Sep 12, 2024
Sold by
Mildred A Gay Revocable Trust and Gay John Stevenson
Bought by
Rock Foundation Realty Llc
Seller's Agent
Luis Nunez
Charles Rutenberg Realty FTL
Buyer's Agent
Daniel Escalante
United Realty Group Inc
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%
Views
460
Current Estimated Value
$445,476

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,476
Avg. Annual Appreciation
5.14%
Original Mortgage
$15,000
Outstanding Balance
$14,908
Interest Rate
6.73%
Mortgage Type
Seller Take Back
Estimated Equity
$425,790

Purchase Details

Closed on
Nov 29, 2023
Sold by
Mildred A Gay Revocable Trust
Bought by
Mildred A Gay Revocable Trust and Gay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$666,000
Interest Rate
6.56%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Apr 25, 2018
Sold by
Gay Mildred A
Bought by
Mildred A Gay Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4.45%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 6, 2018
Sold by
Gay Mildred A
Bought by
Gay Mildred A and Mildred A Gay Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
4.45%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 5, 2007
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
Rock Foundation Realty Llc $420,000 None Listed On Document
Mildred A Gay Revocable Trust -- Real Estate Settlements & Escr
Mildred A Gay Living Trust -- Attorney
Gay Mildred A -- Attorney
Available Not $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rock Foundation Realty Llc $15,000
Open Rock Foundation Realty Llc $300,000
Previous Owner Mildred A Gay Revocable Trust $666,000
Previous Owner Mildred A Gay Revocable Trust $666,000
Previous Owner Gay Mildred A $435,000
Previous Owner Mildred A Gay Living Trust $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/13/2024 09/13/24 Sold $420,000 -1.2% $270 / Sq Ft
08/03/2024 08/03/24 Pending -- -- --
07/26/2024 07/26/24 For Sale $425,000 +1.2% $273 / Sq Ft
07/13/2024 07/13/24 Off Market $420,000 -- --
07/08/2024 07/08/24 For Sale $425,000 +1.2% $273 / Sq Ft
07/01/2024 07/01/24 Off Market $420,000 -- --
07/01/2024 07/01/24 For Sale $425,000 +1.2% $273 / Sq Ft
06/26/2024 06/26/24 Off Market $420,000 -- --
06/22/2024 06/22/24 For Sale $425,000 -- $273 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $887 $400,300 $57,070 $343,230
2024 $843 $400,300 $57,070 $343,230
2023 $843 $103,480 $0 $0
2022 $813 $100,470 $0 $0
2021 $814 $97,550 $0 $0
2020 $795 $96,210 $0 $0
2019 $796 $94,050 $0 $0
2018 $759 $92,300 $0 $0
2017 $4,484 $90,410 $0 $0
2016 $4,556 $88,560 $0 $0
2015 $877 $87,950 $0 $0
2014 $875 $87,260 $0 $0
2013 -- $111,680 $38,050 $73,630
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11578602

MIAMI REALTORS® MLS

APN: 51-41-02-03-0460