NOT LISTED FOR SALE

Estimated Value: $744,000 - $833,000

-- Bed
-- Bath
3,728 Sq Ft
$211/Sq Ft Est. Value

Last Sold January 26, 2016

Last sale price $305,000 $82 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $5,359/month

77 Days on Market

About This Home

As of January 2016

Great Investment Triplex building w/ separate meters. Current monthly rent is $3,0000+. The CAP Rate is over 9% if purchased at the asking price and rents left the same. Each Unit has 3BR. Rented below market rate. Agents, please review all MLS attachment s. Take advantage of this opportunity to own a multifamily property at a high CAP rate! Please do not disturb tenants. THIS WON'T LAST

Last Agent to Sell the Property

Sandra Simmonds

Promiseland Properties LLC License #3261304 Listed on: 10/10/2015

Last Buyer's Agent

Anca Andrei

RE/MAX Direct License #3285878

RE/MAX Direct

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,711

Year Built

  • Built in 1973

Lot Details

  • 10,542

Parking

  • 2 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,728 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 4 Units
  • Lauderdale North Park Subdivision

Listing and Financial Details

  • Total Actual Rent $45,000
  • Rent includes water
  • Assessor Parcel Number 494102030410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,711

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: ROCK ISLAND TO TAM OSHANTER BLVD. CONTINUE WEST. NORTH ON 78TH AVE. THEN EAST ON 10TH CT.
  • Year Built: 1973
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Unknown
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 3728.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Unknown
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Water

Lot Info

  • Parcel #: 494102030410
  • Zoning Description: MULTI FA

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4711.0

Multi Family

  • Number Of Units Total: 4
  • Total Actual Rent: 45000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2015
Closed on
Jan 26, 2016
Sold by
Marie Patrick
Bought by
Sosa Melissa L
Seller's Agent
Sandra Simmonds
Promiseland Properties LLC
Buyer's Agent
Anca Andrei
RE/MAX Direct
List Price
$330,000
Sold Price
$305,000
Premium/Discount to List
-$25,000
-7.58%
Current Estimated Value
$787,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,524
Avg. Annual Appreciation
10.61%
Original Mortgage
$279,812
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 8, 2011
Sold by
Buckley Leighton
Bought by
Marie Patrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
4.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 22, 2011
Sold by
Wilson Livingston and Wilson Barbara
Bought by
Buckley Leighton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
4.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 20, 2002
Sold by
Domovsky Bella
Bought by
Wilson Livingston and Wilson Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,250
Interest Rate
5.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 24, 2002
Sold by
Broward Affordable Housing Corp
Bought by
Domovsky Bella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
7.12%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 2001
Sold by
Florida Community Housing Assi
Bought by
Broward Affordable Housing Corp

Purchase Details

Closed on
Sep 9, 1994
Sold by
Radaker Bryon C
Bought by
Fl Com Housing Assistance Corp

Purchase Details

Closed on
Jun 1, 1986
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
Sosa Melissa L $305,000 Alliant Title & Escrow
Marie Patrick -- None Available
Buckley Leighton $82,000 Beanchmark Title & Abstract
Wilson Livingston $225,000 North American Title Co
Domovsky Bella $170,000 J D Title Inc
Broward Affordable Housing Corp $170,000 --
Fl Com Housing Assistance Corp -- --
Available Not $64,286 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sosa Melissa I $308,000
Closed Sosa Melissa L $279,812
Previous Owner Buckley Leighton $45,000
Previous Owner Wilson Livingstone W $247,000
Previous Owner Wilson Livingston $191,250
Previous Owner Domovsky Bella $127,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/26/2016 01/26/16 Sold $305,000 -7.6% $82 / Sq Ft
12/27/2015 12/27/15 Pending -- -- --
10/10/2015 10/10/15 For Sale $330,000 -- $89 / 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 $13,958 $512,200 -- --
2024 $13,247 $477,400 $42,190 $435,210
2023 $13,247 $423,310 $0 $0
2022 $11,554 $384,830 $42,190 $342,640
2021 $11,326 $375,740 $0 $0
2020 $9,669 $378,220 $31,640 $346,580
2019 $9,128 $362,200 $31,640 $330,560
2018 $7,973 $294,550 $31,640 $262,910
2017 $7,367 $256,650 $0 $0
2016 $5,349 $132,200 $0 $0
2015 $5,131 $120,190 $0 $0
2014 $4,711 $109,270 $0 $0
2013 -- $121,640 $31,640 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1361649

BeachesMLS (Greater Fort Lauderdale)

APN: 49-41-02-03-0410