NOT LISTED FOR SALE

Estimated Value: $595,467 - $682,000

-- Bed
-- Bath
2,100 Sq Ft
$304/Sq Ft Est. Value

Last Sold November 18, 2022

Last sale price $599,000 $285 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,499/month

51 Days on Market

Highlights

  • Porch
  • Open Patio
  • No Heating
  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring

About This Home

As of November 2022

Specially for investors who want to build their portfolio. Triplex has the potential to generate great revenue of $50,000 per year. Currently 2 of the 3 units are leased with tenants in place until June 2023

Unit 1 has 2 bed and 1 bath. Unit 2 has 1 bed and 1 bath. Vacant Unit 3 (2 bed and 1 bath) has been rehabbed in 2021 with new kitchen, tiles, bathroom, A/C units, water tank, stainless steel appliances, light and ceiling fan fixtures, and new baseboards.

Entire exterior walls of property were freshly painted in Aug 2021. Additionally, new roof is only one year old. Easy to rent in this very desirable area of Hallandale Beach. Tenants pay all utilities except water/sewer. Please do not disturb tenants.

Last Agent to Sell the Property

Umma Kannayan

Charles Rutenberg Realty FTL License #3493564 Listed on: 08/22/2022

Charles Rutenberg Realty FTL

Co-Listed By

Laurie Kaufman

Charles Rutenberg Realty FTL License #3254443

Last Buyer's Agent

Felitia Guobadia

Miami Blue Real Estate Service License #3108933

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,051

Year Built

  • Built in 1972

Lot Details

  • 6,882

Parking

  • 2 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Ceramic Tile Flooring

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Cable TV Available

Community Details

  • 3 Units
  • Golden Heights 4 9 B Subdivision

Listing and Financial Details

  • Rent includes gardener, trash collection, water
  • Assessor Parcel Number 514228030462

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,051

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Please use GPS -thank you
  • Year Built: 1972
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2100.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Porch
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 2.0

Utilities

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

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Trash Collection, Water
  • Community Features: Non-Gated

Lot Info

  • Parcel #: 514228030462
  • Zoning Description: B-L

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6051.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2022
Closed on
Nov 18, 2022
Sold by
Kannayan Muru and Kannayan Umma
Bought by
Eugene Yolaine
Seller's Agent
Umma Kannayan
Charles Rutenberg Realty FTL
Buyer's Agent
Felitia Guobadia
Miami Blue Real Estate Service
List Price
$599,000
Sold Price
$599,000
Views
25
Current Estimated Value
$638,367

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,367
Avg. Annual Appreciation
3.11%
Original Mortgage
$449,250
Outstanding Balance
$437,959
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$213,741

Purchase Details

Closed on
Jun 4, 2021
Sold by
Velez Walter B
Bought by
Kannayan Muru and Kannayan Umma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 1995
Sold by
Miller Louis
Bought by
Perez Abisael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
8.38%
Mortgage Type
Commercial
Source: Public Records

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
Eugene Yolaine $599,000 Title Guaranty Of South Florid
Kannayan Muru $390,000 Attorney
Perez Abisael $51,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eugene Yolaine $449,250
Previous Owner Kannayan Muru $292,500
Previous Owner Velez Walter $225,000
Previous Owner Velez Walter D $67,000
Previous Owner Velez Walter D $125,149
Previous Owner Perez Abisael $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $599,000 0.0% $285 / Sq Ft
10/12/2022 10/12/22 Pending -- -- --
08/22/2022 08/22/22 For Sale $599,000 -- $285 / 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 $12,257 $550,950 $41,180 $509,770
2024 $12,464 $536,470 $41,180 $495,290
2023 $12,464 $536,470 $41,180 $495,290
2022 $8,420 $356,920 $41,180 $315,740
2021 $6,051 $216,550 $0 $0
2020 $5,484 $293,210 $41,180 $252,030
2019 $5,279 $293,210 $41,180 $252,030
2018 $4,842 $299,000 $41,180 $257,820
2017 $4,149 $147,920 $0 $0
2016 $3,917 $134,480 $0 $0
2015 $3,506 $122,260 $0 $0
2014 $2,816 $111,150 $0 $0
2013 -- $107,460 $41,180 $66,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10344734

BeachesMLS (Greater Fort Lauderdale)

APN: 51-42-28-03-0462