NOT LISTED FOR SALE

Estimated Value: $906,000 - $1,016,000

9 Beds
6 Baths
5,140 Sq Ft
$185/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $670,000 $130 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $6,478/month

241 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • 5-minute walk to Shoster Nature Preserve

About This Home

As of July 2022

** Major Price Adjustment** Unique duplex situated among single family homes in a pretty well established neighborhood in Margate. Seller has installed a BRAND NEW ROOF, 2 bathrooms, has freshly painted and landscaped the duplex. Well established tenants have been in place for 10+ years! Each side has over 2500 sq ft with a total of 9 BEDROOM and 7 BATHROOMS with opportunity to add additional bedrooms within square footage of homes. One side has 5 bedrooms and 3 full bathrooms and the other side has 4 bedrooms and 4 bathrooms!!

Last Agent to Sell the Property

Joy Fischer

Compass Florida, LLC License #651212 Listed on: 10/07/2021

Compass Florida, LLC

Last Buyer's Agent

Joy Fischer

Coldwell Banker Residential RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,215

Year Built

  • Built in 1969

Lot Details

  • Sprinkler System

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Barrel Roof Shape

Interior Spaces

  • 5,140 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • Kimberly Forest Sub Of Tr Subdivision

Listing and Financial Details

  • Rent includes gardener, pest control, sewer, trash collection, water
  • Assessor Parcel Number 494101260100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,215

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 1969
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 5140.0

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot, Sprinklers Automatic
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Pest Control, Sewer, Trash Collection, Water
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 494101260100
  • Zoning Description: R-1

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 11215.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 3, 2024
Sold by
Cherfrere Pericles
Bought by
Advanced Quality Realty Llc
Total Days on Market
241
Current Estimated Value
$949,385

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
8.75%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Oct 7, 2021
Closed on
Jul 6, 2022
Sold by
Fam Lot 10 Llc
Bought by
Cherfrere Pericles
Seller's Agent
Joy Fischer
Compass Florida, LLC
Buyer's Agent
Joy Fischer
Coldwell Banker Residential RE
List Price
$799,900
Sold Price
$670,000
Premium/Discount to List
-$129,900
-16.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.68%
Original Mortgage
$300,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 18, 2020
Closed on
Mar 26, 2021
Sold by
Golden Global Equity Llc
Bought by
Fam Lot 12 Llc
Seller's Agent
Michael Johnston
The Keyes Company
List Price
$670,000
Sold Price
$650,000
Premium/Discount to List
-$20,000
-2.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%

Purchase Details

Closed on
Nov 2, 2010
Sold by
Wells Fargo Bank Na
Bought by
Golden Global Equity Llc

Purchase Details

Closed on
Sep 29, 2008
Sold by
Dawes Azra
Bought by
Wells Fargo Bank Na and Abfc 2006-Opt2 Trust Abfc Asset Backed C

Purchase Details

Closed on
Jul 28, 2006
Sold by
Hedgepeth Jeffrey E and Hedgepeth Teresa
Bought by
Dawes Azra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 1, 1991
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
Advanced Quality Realty Llc $900,000 Ocean Title And Escrow
Cherfrere Pericles $670,000 Ocean Title & Escrow
Fam Lot 12 Llc $216,700 Shore To Shore Title Llc
Fam Lot 11 Llc $216,700 Shore To Shore Title Llc
Fam Lot 10 Llc $216,700 Shore To Shore Title Llc
Golden Global Equity Llc $230,000 Consumer Title & Escrow Serv
Wells Fargo Bank Na -- Attorney
Dawes Azra $650,000 Attorney
Available Not $138,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Advanced Quality Realty Llc $720,000
Previous Owner Cherfrere Pericles $300,000
Previous Owner Dawes Azra $520,000
Previous Owner Hedgepeth Jeffrey E $350,000
Previous Owner Oglesby David $61,200
Previous Owner Oglesby David $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $670,000 -16.2% $130 / Sq Ft
06/06/2022 06/06/22 Pending -- -- --
10/07/2021 10/07/21 For Sale $799,900 +23.1% $156 / Sq Ft
03/24/2021 03/24/21 Sold $650,000 -3.0% $118 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
11/18/2020 11/18/20 For Sale $670,000 -- $122 / 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 $13,789 $815,000 $66,680 $748,320
2024 $13,964 $606,770 $66,680 $540,090
2023 $13,964 $606,770 $66,680 $540,090
2022 $8,907 $381,540 $66,680 $314,860
2021 $8,965 $382,290 $66,680 $315,610
2020 $11,215 $498,700 $108,600 $390,100
2019 $10,558 $488,070 $108,600 $379,470
2018 $9,424 $471,070 $108,600 $362,470
2017 $8,728 $360,980 $0 $0
2016 $8,023 $328,170 $0 $0
2015 $7,466 $298,340 $0 $0
2014 $6,919 $271,220 $0 $0
2013 -- $292,770 $108,500 $184,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10303360

BeachesMLS (Greater Fort Lauderdale)

APN: 49-41-01-26-0100