NOT LISTED FOR SALE

Estimated Value: $492,323 - $551,000

-- Bed
-- Bath
1,512 Sq Ft
$345/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $290,000 $192 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,626/month

88 Days on Market

Highlights

  • Garden View
  • Tile Flooring
  • Central Heating and Cooling System
  • Patio

About This Home

As of August 2020

Fantastic Find Large duplex in the heart of Pompano Beach!!! Both units are 2 bed 1 . Building has hurricane shutters, separate water and electric meters, central A/C, washer and dryers in each unit. Tenants pay their own water and electric. Fully Rented Direct Deposit of Rent. Rents can be increased to $1,400/ Month each.

Last Listed By

Don Dillon

Seawinds Realty License #3091791 Listed on: 04/24/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,509

Year Built

  • Built in 1972

Lot Details

  • 5,500

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property
  • Single Hung Metal Windows
  • Tile Flooring
  • Garden Views

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Patio
  • 5,500 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 484236040250

Community Details

Overview

  • 2 Units
  • Pine Crest Amended Plat Subdivision

Building Details

  • Operating Expense $9,209
  • Net Operating Income $19,591

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,509

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I-95 take Atlantic Boulevard east to NE 11th Avenue and turn left (north). Turn left at NE 8th Street. Turn right at NE 10th Avenue. Property will be on the left.
  • Year Built: 1972
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1512.0
  • Window Features: Metal, Single Hung

Exterior Features

  • Exterior Features: Patio
  • View: Garden
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 484236040250
  • Lot Size Sq Ft: 5500.0
  • Zoning Description: MULTI
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 19591.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 9209.0

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4509.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2020
Closed on
Aug 20, 2020
Sold by
Broward County Rental Servies Llc
Bought by
Saban Avihay and Shiton Nirit Aleksia
Seller's Agent
Don Dillon
Seawinds Realty
List Price
$320,000
Sold Price
$290,000
Premium/Discount to List
-$30,000
-9.38%
Total Days on Market
88
Current Estimated Value
$521,581

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,581
Avg. Annual Appreciation
13.87%
Original Mortgage
$217,500
Outstanding Balance
$195,950
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$342,865

Purchase Details

Listed on
Dec 21, 2012
Closed on
Apr 12, 2013
Sold by
Francis Susan D
Bought by
Broward County Rental Services Llc
Seller's Agent
Valma Maxwell
Realty 100
Buyer's Agent
Valma Maxwell
Realty 100
List Price
$229,000
Sold Price
$165,000
Premium/Discount to List
-$64,000
-27.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.96%

Purchase Details

Closed on
Jul 16, 2008
Sold by
Paul Gabriel E
Bought by
Francis Susan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,104
Interest Rate
6.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 26, 2007
Sold by
Ling Properties Iii Llc
Bought by
Paul Gabriel E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,980
Interest Rate
6.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 2005
Sold by
Lingmerth Goran and Lingmerth Joan
Bought by
Ling Properties Iii Llc

Purchase Details

Closed on
May 20, 2005
Sold by
Mcs Properties Inc
Bought by
Lingmerth Goran and Lingmerth Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
5.1%
Mortgage Type
Commercial

Range of Values:

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Average Value
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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
Saban Avihay $290,000 Attorney
Broward County Rental Services Llc $165,000 Supreme Title & Escrow Inc
Francis Susan D $188,888 Partners Title Inc
Paul Gabriel E $339,900 Titleco Inc
Ling Properties Iii Llc -- Independence Title Closing S
Lingmerth Goran $276,000 Independence Title Closing S
Mcs Properties Inc -- Independence Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saban Avihay $217,500
Previous Owner Francis Susan D $151,104
Previous Owner Paul Gabriel E $67,980
Previous Owner Paul Gabriel E $271,920
Previous Owner Lingmerth Goran $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $290,000 -9.4% $192 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
04/24/2020 04/24/20 For Sale $320,000 +93.9% $212 / Sq Ft
04/15/2013 04/15/13 Sold $165,000 -27.9% $109 / Sq Ft
03/22/2013 03/22/13 Pending -- -- --
12/21/2012 12/21/12 For Sale $229,000 -- $151 / Sq Ft
Source: BeachesMLS

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 $8,476 $390,280 -- --
2024 $7,618 $390,280 -- --
2023 $7,618 $322,550 $0 $0
2022 $6,569 $293,230 $0 $0
2021 $5,947 $266,580 $38,500 $228,080
2020 $4,947 $228,680 $38,500 $190,180
2019 $4,509 $198,770 $38,500 $160,270
2018 $4,752 $222,950 $38,500 $184,450
2017 $4,170 $191,920 $0 $0
2016 $3,888 $174,480 $0 $0
2015 $3,596 $158,620 $0 $0
2014 $3,295 $144,200 $0 $0
2013 -- $114,200 $38,500 $75,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10617921

BeachesMLS

APN: 48-42-36-04-0250