NOT LISTED FOR SALE

975 NE 40th St Oakland Park, FL 33334

Central Oakland Park Neighborhood

Estimated Value: $570,000 - $651,000

2 Beds
2 Baths
1,527 Sq Ft
$405/Sq Ft Est. Value

Last Sold July 05, 2022

Last sale price $575,000 $377 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,803/month

64 Days on Market

Highlights

  • Patio
  • Central Heating and Cooling System
  • 4-minute walk to Jaco Pastorius Park
  • Tile Flooring
  • Fenced

About This Home

As of July 2022

Curb Appealing "Key's Style" TRIPLEX Provides Privacy & Fenced Areas & Function For Units A,C. Unit B With Outdoor Sitting Area In Front. Parking For 8 Vehicles, 7 Spaces Are Asphalt. New Central Air-2021, Updated Electrical Panels, Breakers, Switches|Plugs, New Windows-2020 With Complimenting Black Shutter|Closures, Newer HWH's-2.5 Yrs Ago, Tile, Terrazzo Flooring, Interior|Exterior Painted-2021, Tile Roof Sealed With Latex. Sprinkler Water System, Security Lighting. At Rear Of Property - Shed and Asphalt Pad For Owner Use Avail, Accessed Through Back Gate And Asphalt Drive Entry. Ready For New Owner With Tenant Occupancy In Place Offering Great Time For Investment Buyer To Re-Establish Lease Terms To Gain In This Booming Rental Marketplace. Limited Showings Available.

Last Agent to Sell the Property

Corinne Pierson

LoKation License #3306094 Listed on: 04/01/2022

LoKation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,513

Year Built

  • Built in 1959

Lot Details

  • Fenced
  • Sprinkler System

Parking

  • 8 Parking Spaces

Home Design

  • Triplex
  • Spanish Tile Roof

Interior Spaces

  • 1,527 Sq Ft Home
  • 1-Story Property

Flooring

  • Tile
  • Terrazzo

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 3 Units
  • Oakland Park Subdivision

Listing and Financial Details

  • Rent includes gardener, trash collection
  • Assessor Parcel Number 494223020200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,513

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: GPS
  • Year Built: 1959
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo, Tile
  • Living Area: 1527.0

Exterior Features

  • Exterior Features: Fence, Lighting, Patio
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Spanish Tile

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 494223020200
  • Zoning Description: R-1

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6513.0

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2022
Closed on
Jul 1, 2022
Sold by
Kalb Family Trust
Bought by
Vazquez Raul
Seller's Agent
Corinne Pierson
LoKation
List Price
$630,000
Sold Price
$575,000
Premium/Discount to List
-$55,000
-8.73%
Current Estimated Value
$666,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,605
Avg. Annual Appreciation
4.37%

Purchase Details

Closed on
Apr 15, 2021
Sold by
Klab Gary W and Kalb Cynthia M
Bought by
Klab Gary and Kalb Cynthia

Purchase Details

Closed on
Jul 29, 2004
Sold by
Parrish Robert A and Parrish Nancy C
Bought by
Kalb Gary W and Kalb Cynthia M

Purchase Details

Closed on
May 31, 2001
Sold by
Robert Parrish M
Bought by
Parrish Robert and Parrish Nancy C
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
Vazquez Raul $575,000 Union Title Services
Klab Gary -- Accommodation
Kalb Gary W $210,000 Enterprise Title Inc
Parrish Robert -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2022 07/05/22 Sold $575,000 -8.7% $377 / Sq Ft
06/05/2022 06/05/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $630,000 -- $413 / 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 $13,847 $529,510 $49,710 $479,800
2024 $12,542 $559,910 $49,710 $510,200
2023 $12,542 $499,760 $49,710 $450,050
2022 $7,572 $214,580 $0 $0
2021 $6,513 $195,080 $0 $0
2020 $5,781 $267,740 $49,710 $218,030
2019 $5,290 $232,810 $49,710 $183,100
2018 $4,896 $219,880 $49,710 $170,170
2017 $4,546 $133,260 $0 $0
2016 $4,265 $121,150 $0 $0
2015 $4,013 $110,140 $0 $0
2014 $3,794 $100,130 $0 $0
2013 -- $92,450 $49,710 $42,740
Source: Public Records

Agents Affiliated with this Home

  • Corinne Pierson

    Seller's Agent in 2022

    Corinne Pierson

    LoKation

    (954) 654-5171

    1 in this area

    17 Total Sales

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10322656

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-23-02-0200

Florida Broward County Oakland Park 33334 Central Oakland Park

975 NE 40th St, Oakland Park, FL

This home is located at 975 NE 40th St, Oakland Park, FL 33334 since 01 April 2022 and is currently estimated at $617,956, approximately $404 per square foot. This property was built in 1959. 975 NE 40th St is a home located in Broward County with nearby schools including Oakland Park Elementary School, James S. Rickards Middle School, and Northeast High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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