NOT LISTED FOR SALE

Estimated Value: $679,840 - $860,000

3 Beds
3 Baths
-- Sq Ft
6,752 Sq Ft Lot

Last Sold September 02, 2015

Last sale price $231,865

Est. 224% increase in value since last sale

Current estimated payment $5,043/month

181 Days on Market

Highlights

  • Tile Flooring
  • Fort Lauderdale High School Rated A
  • Central Heating and Cooling System

About This Home

As of September 2015

DRIVE BY ONLY. DO NOT DISTURB TENANTS -4 unit apartment. Annual Leases. Monthly rental rates are below current market value. Unit 1&2 have central A/C. All units have tile (unit #2 terrazzo flooring) All units come equipped with stoves and refrige rators. All units are on the same meter. Municipal sewer. 10% cap???????????????????????????????????????? rate

Last Agent to Sell the Property

George Coloney

The Keyes Company License #0696185 Listed on: 02/02/2015

The Keyes Company

Co-Listed By

Lindsey Way, PA

Douglas Elliman License #3296776

Last Buyer's Agent

Racmedran Pierre

Olympian Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,962

Year Built

  • Built in 1960

Lot Details

  • 6,752

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Flat Roof Shape
  • Tile Roof

Interior Spaces

  • 1-Story Property

Flooring

  • Tile
  • Terrazzo

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $33,000
  • Assessor Parcel Number 494234070270

Community Details

Overview

  • 4 Units
  • Progresso Subdivision

Building Details

  • Net Operating Income $23,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,962

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Year Built: 1960
  • Architectural Style: Fourplex
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Terrazzo, Tile

Exterior Features

  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Flat, Tile

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: None

Lot Info

  • Parcel #: 494234070270
  • Zoning Description: RMM-25

Multi Family

  • Property Net Operating Income: 23100.0
  • Number Of Units Total: 4
  • Total Actual Rent: 33000.0

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 2962.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2023
Sold by
741 Nw 3Rd Avenue Llc
Bought by
Astra 37 Units Llc
Current Estimated Value
$751,960

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,311,000
Outstanding Balance
$2,837,518
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$2,085,558

Purchase Details

Listed on
Feb 2, 2015
Closed on
Aug 31, 2015
Sold by
Lps Apartment Rentals Llc
Bought by
741 Nw 3Rd Avenue Llc
Seller's Agent
George Coloney
The Keyes Company
Buyer's Agent
Racmedran Pierre
Olympian Realty Group
List Price
$231,000
Sold Price
$231,865
Premium/Discount to List
$865
0.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.50%

Purchase Details

Listed on
Feb 2, 2015
Closed on
Aug 3, 2015
Sold by
Ide David
Bought by
Lps Apartment Rentals Llc
Seller's Agent
George Coloney
The Keyes Company
Buyer's Agent
Racmedran Pierre
Olympian Realty Group
List Price
$231,000
Sold Price
$231,865
Premium/Discount to List
$865
0.37%

Purchase Details

Closed on
Sep 11, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Ide David

Purchase Details

Closed on
Apr 14, 2009
Sold by
Alexander Charles
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Feb 28, 2005
Sold by
Joseph Roneld
Bought by
Alexander Charles

Purchase Details

Closed on
Mar 17, 2004
Sold by
Pierre Marie
Bought by
Joseph Roneld

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2003
Sold by
Walker Keisha and Stewart Trevor
Bought by
Pierre Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 12, 2002
Sold by
Walker Keisha
Bought by
Walker Keisha and Stewart Trevor

Purchase Details

Closed on
Jan 14, 2002
Sold by
Bigmall Anthony
Bought by
Walker Keisha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
10.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 2001
Sold by
Solomon Hyacinth
Bought by
Bigmall Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,800
Interest Rate
10.4%
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
Astra 37 Units Llc $610,900 Lexant Title
741 Nw 3Rd Avenue Llc $231,900 Attorney
741 Nw 3Rd Avenue Llc -- Attorney
Lps Apartment Rentals Llc $8,500 Attorney
Ide David $55,500 Attorney
Deutsche Bank National Trust Company -- Attorney
Alexander Charles -- --
Joseph Roneld $220,000 Cmr Title & Escrow Inc
Pierre Marie $135,500 Florida State Title & Escrow
Walker Keisha $43,500 --
Walker Keisha $92,000 Fortune Title Services Llc
Bigmall Anthony $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Astra 37 Units Llc $3,311,000
Previous Owner Ide David J $25,000
Previous Owner Ide David J $25,000
Previous Owner Joseph Roneld $361,250
Previous Owner Joseph Roneld $176,000
Previous Owner Pierre Marie $172,000
Previous Owner Walker Keisha $82,800
Previous Owner Bigmall Anthony $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2015 09/02/15 Sold $231,865 +0.4% --
08/03/2015 08/03/15 Pending -- -- --
02/02/2015 02/02/15 For Sale $231,000 -- --
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 $11,445 $541,520 $101,240 $440,280
2024 $8,387 $514,050 $33,750 $480,300
2023 $8,387 $330,990 $0 $0
2022 $7,781 $300,900 $0 $0
2021 $6,986 $273,550 $0 $0
2020 $6,382 $260,220 $33,750 $226,470
2019 $5,446 $226,090 $33,750 $192,340
2018 $5,705 $261,680 $33,750 $227,930
2017 $5,321 $232,490 $0 $0
2016 $5,051 $211,360 $0 $0
2015 $3,123 $109,190 $0 $0
2014 $2,962 $99,270 $0 $0
2013 -- $90,250 $33,750 $56,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1326416

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-34-07-0270