NOT LISTED FOR SALE

Estimated Value: $619,000 - $647,000

Studio
-- Bath
2,686 Sq Ft
$237/Sq Ft Est. Value

Last Sold October 13, 2016

Last sale price $260,000 $97 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $4,144/month

29 Days on Market

Highlights

  • No HOA
  • Porch
  • Central Heating and Cooling System
  • Balcony
  • Tile Flooring
  • 4-minute walk to Fairview Park

About This Home

As of October 2016

Triplex in the heart of Pompano Beach with an option to buy three more triplexes next door for a total of 12 units. All units are 2 bed 1 bath, central A/C, separate water, electric meters and tile floors. One unit was just remodeled with new floors, granite kitchens, appliances and bathrooms getting $1100.00 per month. Annual gross income is around $32,400. Taxes$ $2,538, Lawn $840 Estimated Insurance $3,000. Estimated cap rate is 9%. Estimated Annual expenses total $6378.

Last Agent to Sell the Property

Carlos Montoya

Fidelity Real Estate Group LLC License #0623048 Listed on: 05/20/2016

Co-Listed By

Natasha Q Realtor

Fidelity Real Estate Group LLC License #3320937

Last Buyer's Agent

Neomi Shrenker

Wilrose Realty License #3244338

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,538

Year Built

  • Built in 1973

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,686 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include ground maintenance, trash
  • 3 Units
  • Fairview Amd 10 25 B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494202031680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,538

Year Built

Built in 1973

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: From I95, take Atlantic Boulevard east to Dixie Highway and turn right (south). Turn right at SW 6th Court and the property will be on the left towards the end of the street.
  • Year Built: 1973
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Living Area: 2686.0
  • Stories: 1

Exterior Features

  • Exterior Features: Balcony
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Porch, Balcony
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: Maintenance Grounds, Trash

Lot Info

  • Parcel #: 494202031680
  • Mobile Dim Units: Feet
  • Zoning: RM-20

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2538.0

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
Oct 5, 2016
Sold by
Village Park Hollywood Llc
Bought by
Fast Lane Capital Llc
Seller's Agent
Carlos Montoya
Fidelity Real Estate Group LLC
Buyer's Agent
Neomi Shrenker
Wilrose Realty
List Price
$299,999
Sold Price
$260,000
Premium/Discount to List
-$39,999
-13.33%
Current Estimated Value
$637,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,000
Avg. Annual Appreciation
9.96%

Purchase Details

Closed on
Aug 25, 2015
Sold by
Ferrell George P and Ferrell David A
Bought by
Village Park Hollywood Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fast Lane Capital Llc $1,040,000 Transfer Title Services Inc
Village Park Hollywood Llc $720,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2016 10/13/16 Sold $260,000 -13.3% $97 / Sq Ft
09/13/2016 09/13/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $299,999 -- $112 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2026 $9,521 $442,180 $37,500 $404,680
2025 $8,495 $404,080 -- --
2024 $8,235 $367,920 $37,500 $330,420
2023 $8,235 $333,960 $0 $0
2022 $7,005 $303,600 $0 $0
2021 $6,612 $286,990 $0 $0
2020 $5,938 $260,900 $37,500 $223,400
2019 $5,702 $247,290 $37,500 $209,790
2018 $6,007 $274,520 $37,500 $237,020
2017 $5,246 $240,400 $0 $0
2016 $3,026 $130,460 $0 $0
2015 $2,538 $98,450 $0 $0
2014 $2,351 $89,500 $0 $0
2013 -- $94,170 $37,500 $56,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10012938

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-02-03-1680

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