NOT LISTED FOR SALE

Estimated Value: $680,000 - $946,000

8 Beds
4 Baths
3,203 Sq Ft
$262/Sq Ft Est. Value

Last Sold January 24, 2020

Last sale price $540,000 $169 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,325/month

53 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

About This Home

As of January 2020

Incredible investment opportunity to purchase a Real Money Maker. This fourplex is located in the heart of Pompano Beach. All units have 2 bedrooms and 1 bathroom with separate electric meters. Some units have updated kitchens & bathrooms. All units rented. Roof was replaced in 2019. The property is in excellent condition. Exterior of the property was recently painted. Plenty of parking available for all tenants. Near shopping centers, schools, public transportation and major freeways. Do Not Disturb Tenants, call listing agent for any additional questions.

Last Agent to Sell the Property

Virginia Castro

LPT Realty, LLC License #3138446 Listed on: 10/18/2019

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,773

Year Built

  • Built in 1968

Lot Details

  • Property is zoned RM-20

Parking

  • 6 Parking Spaces

Home Design

  • Wood Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,203 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • Fairview Amended Plat Subdivision

Listing and Financial Details

  • Total Actual Rent $56,400
  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 494202030211

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,773

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1968
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached, Ranch
  • Directions: Dixie Highway between Atlantic & McNab. Drive West on SW 10th Dr that curves into 10th St.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: FAIRVIEW AMENDED PLAT
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other, Tile
  • Possible Use: Primary
  • Stories: 1

Exterior Features

  • Roof: Wood Shingle Roof
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: FAIRVIEW AMENDED PLAT
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None, Window/Wall
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494202030211
  • Zoning: RM-20
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6773

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Total Actual Rent: 56400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2019
Closed on
Jan 20, 2020
Sold by
Investment Group Of America Llc
Bought by
Gibson Audalus
Seller's Agent
Virginia Castro
LPT Realty, LLC
List Price
$549,900
Sold Price
$540,000
Premium/Discount to List
-$9,900
-1.8%
Current Estimated Value
$839,396

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$299,396
Avg. Annual Appreciation
7.66%
Original Mortgage
$530,219
Outstanding Balance
$468,651
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$370,745

Purchase Details

Listed on
Mar 7, 2017
Closed on
May 25, 2017
Sold by
Flats & Curbs Management Llc
Bought by
Investments Group Of America Llc
Seller's Agent
Greg Pereira
Berkshire Hathaway HomeServices FL Realty
Buyer's Agent
Greg Pereira
Berkshire Hathaway HomeServices FL Realty
List Price
$318,000
Sold Price
$318,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.94%
Original Mortgage
$318,000
Interest Rate
4.05%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 31, 2012
Closed on
Oct 19, 2012
Sold by
Myers Robert
Bought by
Flats & Curbs Management Llc
Seller's Agent
Susan Knight
Inactive Member
Buyer's Agent
Mark Antonelli
Century 21 Hansen Realty Inc
List Price
$215,000
Sold Price
$195,000
Premium/Discount to List
-$20,000
-9.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.22%

Purchase Details

Closed on
Oct 25, 2001
Sold by
Available Not
Bought by
Available Not

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 2001
Sold by
Michael Co L Stone I
Bought by
Lasalle Natl Bk

Purchase Details

Closed on
Dec 12, 1997
Sold by
Granados Raymond J and Granados Shirley M
Bought by
Stone Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,200
Interest Rate
7.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 1995
Sold by
Granados Raymond
Bought by
Living Raymond and Living Shirley Granados
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gibson Audalus $540,000 Attorney
Investments Group Of America Llc $318,000 Capstone Title Partners Llc
Flats & Curbs Management Llc $195,000 Capstone Title Partners Llc
Available Not $146,000 --
Myers Robert $146,000 Consumer Title & Escrow Serv
Lasalle Natl Bk -- --
Stone Michael $116,000 --
Living Raymond $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gibson Audalus $530,219
Previous Owner Investments Group Of America Llc $318,000
Previous Owner Myers Robert $102,000
Previous Owner Living Raymond $15,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2020 01/24/20 Sold $540,000 -1.8% $169 / Sq Ft
10/17/2019 10/17/19 For Sale $549,900 +72.9% $172 / Sq Ft
05/26/2017 05/26/17 Sold $318,000 0.0% $100 / Sq Ft View Prior Sale
04/26/2017 04/26/17 Pending -- -- --
03/07/2017 03/07/17 For Sale $318,000 +63.1% $100 / Sq Ft
10/19/2012 10/19/12 Sold $195,000 -9.3% $61 / Sq Ft View Prior Sale
09/19/2012 09/19/12 Pending -- -- --
09/05/2012 09/05/12 For Sale $215,000 -- $67 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $11,742 $489,450 $49,730 $439,720
2024 $11,912 $510,430 $49,730 $460,700
2023 $11,912 $510,430 $49,730 $460,700
2022 $10,398 $500,910 $0 $0
2021 $10,885 $486,330 $49,730 $436,600
2020 $7,407 $332,430 $49,730 $282,700
2019 $6,773 $289,060 $49,730 $239,330
2018 $7,036 $308,460 $49,730 $258,730
2017 $5,425 $230,460 $0 $0
2016 $4,880 $209,510 $0 $0
2015 $4,513 $190,470 $0 $0
2014 $4,159 $173,160 $0 $0
2013 -- $162,260 $49,730 $112,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10757879

MIAMI REALTORS® MLS

APN: 49-42-02-03-0211