NOT LISTED FOR SALE

7013 NW 78th Terrace Tamarac, FL 33321

Woodmont Neighborhood

Estimated Value: $445,304 - $639,000

4 Beds
4 Baths
2,784 Sq Ft
$197/Sq Ft Est. Value

Last Sold March 21, 2018

Last sale price $305,000 $110 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,772/month

201 Days on Market

Highlights

  • Tile Flooring
  • Millennium Middle School Rated A
  • Central Heating and Cooling System

About This Home

As of March 2018

Great Find in West Tamarac! Duplex with Community Pool. Each Unit is 2 Bedroom 2 Bath Tenants Pay All Utilities Including Water. Rents Are Below Market. Gross Income $29,400 Estimated Market Gross income $34,800. Expenses include Taxes: $5,453 Lawn: $840 Insurance: $2,500 HOA:$960. Total Estimated Expenses:$9,753 NOI: $19,647 Proforma Cap 8%. 3 other Duplexes are for sale. Duplexes Can Be Purchased Together or Separately.

Last Agent to Sell the Property

Carlos Montoya

Fidelity Real Estate Group LLC License #0623048 Listed on: 08/01/2017

Co-Listed By

Natasha Q Realtor

Fidelity Real Estate Group LLC License #3320937

Last Buyer's Agent

Natasha Q Realtor

Fidelity Real Estate Group LLC License #3320937

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,453

Year Built

  • Built in 1974

Lot Details

  • 8,102

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Flat Roof Shape

Interior Spaces

  • 2,784 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $29,400
  • Rent includes gardener
  • Assessor Parcel Number 494104210470

Community Details

Overview

  • 2 Units
  • Academy Hills 77 48 B Subdivision

Building Details

  • Net Operating Income $19,647

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,453

Year Built

Built in 1974

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: From McNab & University. Head West onto McNab Rd. Turn right onto NW 80th Ave. Turn right onto NW 70th Ct. Turn left onto NW 78th Terrace. Destination will be on the left
  • Year Built: 1974
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2784.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Stucco
  • Property Condition: Resale
  • Roof: Flat

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • Association Fee: 240.0
  • HOA Rent Includes: Gardener
  • Association Fee Frequency: Quarterly

Lot Info

  • Parcel #: 494104210470
  • Zoning Description: R-2

Multi Family

  • Property Net Operating Income: 19647.0
  • Number Of Units Total: 2
  • Total Actual Rent: 29400.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5453.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 27, 2020
Sold by
Tercier Robert
Bought by
Tercier Robert and Chyron Naomie
Current Estimated Value
$553,448

Purchase Details

Closed on
Apr 8, 2019
Sold by
Tercier Robert
Bought by
Property Investment And Rentals Llc

Purchase Details

Listed on
Aug 1, 2017
Closed on
Mar 21, 2018
Sold by
Barth William Bradley and Barth Pamela Jo
Bought by
Tercier Robert
Seller's Agent
Carlos Montoya
Fidelity Real Estate Group LLC
Buyer's Agent
Natasha Q Realtor
Fidelity Real Estate Group LLC
List Price
$309,000
Sold Price
$305,000
Premium/Discount to List
-$4,000
-1.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.68%
Original Mortgage
$259,250
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2017
Sold by
Barth William B and The Marjorte E Barth
Bought by
Barth William B and The William Bradley Barth

Purchase Details

Closed on
Jun 1, 2017
Bought by
Liv William Bradley Barth Rev

Purchase Details

Closed on
May 8, 2002
Sold by
Barth Marjorie E
Bought by
Barth Marjorie E and The Marjorie E Barth Trust

Purchase Details

Closed on
Jan 1, 1983
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
Tercier Robert -- None Available
Property Investment And Rentals Llc -- None Available
Tercier Robert $305,000 Main Street Title & Escrow I
Barth William B -- Attorney
Liv William Bradley Barth Rev $100 --
Barth Marjorie E -- --
Available Not $61,071 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tercier Robert $322,500
Previous Owner Tercier Robert $259,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2018 03/21/18 Sold $305,000 -1.3% $110 / Sq Ft
02/19/2018 02/19/18 Pending -- -- --
08/01/2017 08/01/17 For Sale $309,000 -- $111 / 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 $7,947 $359,220 -- --
2024 $7,663 $336,810 -- --
2023 $7,663 $313,980 $0 $0
2022 $6,904 $293,950 $0 $0
2021 $6,522 $275,500 $0 $0
2020 $7,710 $288,890 $24,330 $264,560
2019 $7,566 $280,760 $24,330 $256,430
2018 $6,964 $256,400 $24,330 $232,070
2017 $5,713 $183,220 $0 $0
2016 $5,453 $166,570 $0 $0
2015 $4,912 $151,430 $0 $0
2014 $4,602 $137,670 $0 $0
2013 -- $142,140 $24,330 $117,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10078969

BeachesMLS (Greater Fort Lauderdale)

APN: 49-41-04-21-0470