$500,000
SOLD JUL 23, 2018
-- Bed
-- Bath
2,669 Sq Ft
9,365 Sq Ft Lot

Recently Sold

$187 Per Sq Ft

9% Below List Price

7 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Fenced
  • Floranada Elementary School Rated A-

About This Home

As of July 2022

Income Producing Tri-Plex! This property is fully occupied and brings in $3800/month. Unit 1 has a private pool. Each unit has a private backyard space. Each unit has it's own washer and dryer. Accordion shutters on all openings. Majority of Cast Iron plumbing has been replaced with PVC completed with permits. Each unit has its own electrical meter. Total of 2 water meters. The irrigation system is on well water. Please drive by and view info sheet prior to scheduling showing. Do not disturb tenants.

Last Agent to Sell the Property

Matthew Smith

EXP Realty LLC License #3266318 Listed on: 06/15/2018

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,888

Year Built

  • Built in 1964

Lot Details

  • Fenced
  • Sprinkler System

Parking

  • 8 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,669 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $45,600
  • Rent includes gardener, pool, sewer, trash collection, water
  • Assessor Parcel Number 494211072730

Community Details

Overview

  • 3 Units
  • Coral Ridge Isles 45 47 B Subdivision

Building Details

  • Net Operating Income $30,913

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,888

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Commercial Blvd to NE 15 Ave. North on NE 15 Ave and property will be on your right.
  • Year Built: 1964
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Tile
  • Living Area: 2669.0

Exterior Features

  • Exterior Features: Fence
  • Lot Features: Sprinkler System, < 1/4 Acre
  • Pool Features: In Ground, Pool
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

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
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 494211072730
  • Zoning Description: RD-15

Multi Family

  • Property Net Operating Income: 30913.0
  • Number Of Units Total: 3
  • Total Actual Rent: 45600.0

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7888.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2022
Closed on
Jul 5, 2022
Sold by
Cabex Llc
Bought by
Elberg Marlyn S and Elberg Susan M
Seller's Agent
Ouri Kahn
City Group Consulting, LLC
Buyer's Agent
Kristoffer Van Gool
Van Gool & Associates
List Price
$900,000
Sold Price
$875,000
Premium/Discount to List
-$25,000
-2.78%
Current Estimated Value
$971,896

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,896
Avg. Annual Appreciation
1.19%
Original Mortgage
$656,250
Outstanding Balance
$629,497
Interest Rate
5.23%
Mortgage Type
New Conventional
Estimated Equity
$277,887

Purchase Details

Listed on
Jun 15, 2018
Closed on
Jul 18, 2018
Sold by
Smith Matthew and Almeida Kathryn
Bought by
Cabex Llc
Seller's Agent
Matthew Smith
EXP Realty LLC
List Price
$549,000
Sold Price
$500,000
Premium/Discount to List
-$49,000
-8.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.14%

Purchase Details

Closed on
Apr 21, 2015
Sold by
U S Bank National Association
Bought by
Smith Matthew and Almeida Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,750
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 22, 2014
Sold by
Mulford Margaret M
Bought by
U S Bank National Association

Purchase Details

Closed on
Mar 10, 2000
Sold by
Pettrow Lawrence C and Pettrow Carolyn G
Bought by
Mulford Margaret M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $875,000 Safekey Title & Closings
Warranty Deed $500,000 Empire Title Services Inc
Special Warranty Deed $321,000 First International Title
Trustee Deed $211,300 None Available
Warranty Deed $170,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $656,250 New Conventional
Previous Owner $240,750 Commercial
Previous Owner $393,750 Unknown
Previous Owner $69,246 Credit Line Revolving
Previous Owner $196,000 Commercial
Previous Owner $24,990 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2022 07/12/22 Sold $875,000 -2.8% $285 / Sq Ft
05/26/2022 05/26/22 For Sale $900,000 +80.0% $293 / Sq Ft
07/23/2018 07/23/18 Sold $500,000 -8.9% $187 / Sq Ft
06/23/2018 06/23/18 Pending -- -- --
06/15/2018 06/15/18 For Sale $549,000 -- $206 / 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 $16,471 $841,840 -- --
2024 $16,594 $825,420 $74,900 $750,530
2023 $16,594 $825,430 $74,900 $750,530
2022 $11,706 $539,540 $74,900 $464,640
2021 $11,120 $508,870 $74,900 $433,970
2020 $10,808 $494,670 $74,900 $419,770
2019 $9,475 $459,620 $74,900 $384,720
2018 $8,563 $448,670 $74,900 $373,770
2017 $7,888 $379,310 $0 $0
2016 $7,338 $344,830 $0 $0
2015 $6,221 $294,310 $0 $0
2014 $2,900 $168,100 $0 $0
2013 -- $199,560 $74,900 $124,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10127330

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-11-07-2730