NOT LISTED FOR SALE

Estimated Value: $454,304 - $558,000

4 Beds
2 Baths
1,652 Sq Ft
$304/Sq Ft Est. Value

Last Sold September 28, 2022

Last sale price $415,000 $251 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,236/month

12 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of September 2022

Great location, great cash flow. CBS duplex, each unit 2/1, month to month tenants. Cash flow day one with potential to increase rents. Units have newer central air and are separately metered for electric and water. City water and sewer. Tenant occupied - do not disturb tenants.

Last Agent to Sell the Property

Vincent Borriello

Keller Williams Realty - Welli License #3417485 Listed on: 07/15/2022

Keller Williams Realty - Welli

Co-Listed By

Melissa Borriello

Keller Williams Realty - Welli License #3378368

Last Buyer's Agent

Isaac Joseph

Selected Homes Realty LLC License #3456694

Selected Homes Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,411

Year Built

  • Built in 1988

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 2 Bathrooms
  • 1,652 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 38434428060010140

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Lakeview Hgts Add 4 In Subdivision

Building Details

  • Gross Income $28,800
  • Net Operating Income $24,389

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,411

Year Built

Built in 1988

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Exit 63 off I-95
  • Year Built: 1988
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1652.0

Exterior Features

  • Exterior Features: None
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Lot Info

  • Parcel #: 38434428060010140
  • Mobile Dim Units: Feet
  • Zoning: SF7

Rental Info

  • Tenant Pays: Cable TV, Electricity, Water

Multi Family

  • Property Net Operating Income: 24389.0
  • Number Of Units In Community: 2
  • Annual Gross Income: 28800.0

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4411.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2022
Closed on
Sep 28, 2022
Sold by
Davis Duplexes Llc
Bought by
Mcdaseli Llc
Seller's Agent
Vincent Borriello
Keller Williams Realty - Welli
Buyer's Agent
Isaac Joseph
Selected Homes Realty LLC
List Price
$420,000
Sold Price
$415,000
Premium/Discount to List
-$5,000
-1.19%
Views
1
Current Estimated Value
$501,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,576
Avg. Annual Appreciation
5.61%
Original Mortgage
$332,000
Outstanding Balance
$316,653
Interest Rate
5.55%
Mortgage Type
Seller Take Back
Estimated Equity
$184,923

Purchase Details

Closed on
Mar 19, 2009
Sold by
Ippolito Ignazio and Ippolito Maria
Bought by
Davis Duplexes Llc

Purchase Details

Closed on
Dec 19, 1997
Sold by
Lotts Paul M
Bought by
Ippolito Ignazio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,298
Interest Rate
7.26%
Mortgage Type
New Conventional
Source: Public Records
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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
Mcdaseli Llc $415,000 Seagull Title
Davis Duplexes Llc -- Attorney
Ippolito Ignazio $57,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdaseli Llc $332,000
Previous Owner Ippolito Ignazio $45,298
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2022 09/28/22 Sold $415,000 -1.2% $251 / Sq Ft
07/15/2022 07/15/22 For Sale $420,000 -- $254 / 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
2025 $7,509 $323,924 -- --
2024 $7,509 $294,476 -- --
2023 $7,917 $315,950 $95,400 $220,550
2022 $4,651 $135,176 $0 $0
2021 $4,410 $224,294 $67,200 $157,094
2020 $4,045 $193,937 $67,200 $126,737
2019 $3,719 $169,262 $48,000 $121,262
2018 $3,295 $143,095 $47,087 $96,008
2017 $3,033 $120,977 $33,634 $87,343
2016 $2,813 $76,303 $0 $0
2015 $2,756 $69,366 $0 $0
2014 $2,555 $63,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10816979

BeachesMLS (Greater Fort Lauderdale)

APN: 38-43-44-28-06-001-0140

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