NOT LISTED FOR SALE

Fort Lauderdale, FL 33312

Melrose Manors Neighborhood

Estimated Value: $488,458 - $800,000

2 Beds
1 Bath
2,525 Sq Ft
$254/Sq Ft Est. Value

Last Sold November 08, 2013

Last sale price $210,000 $83 Per Sq Ft

Est. 206% increase in value since last sale

Current estimated payment $4,321/month

135 Days on Market

Highlights

  • Newly Remodeled
  • Tile Flooring
  • 1-minute walk to Guthrie Blake Memorial Park
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of November 2013

Renovated four plex in the heart of Fort lauderdale. Very nice park directly across the street. Do not miss out on this oppourtunity for extra income! property has the potential to bring in roughly 3600 a month. Property is located only 5 minutes from dow ntown Fort Lauderdale. Call listing office or use show assist for showing

Last Agent to Sell the Property

Earl Lawrence

Bayview Realty Inc. License #320669 Listed on: 05/27/2013

Last Buyer's Agent

Earl Lawrence

Bayview Realty Inc. License #320669 Listed on: 05/27/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,151

Year Built

  • Built in 1959 | Newly Remodeled

Lot Details

  • 7,362

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,525 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Cable TV Available

Community Details

  • 4 Units
  • Midland 1St Subdivision

Listing and Financial Details

  • Rent includes trash collection, water
  • Assessor Parcel Number 504208131880

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,151

Year Built

Built in 1959 | Newly Remodeled

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Year Built: 1959
  • Architectural Style: Fourplex
  • Unit Levels: Two
  • New Construction: Yes
  • Building Stories: 2
  • Year Built Details: New Construction
  • Special Features: NewHome
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 2525.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: New Construction
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 8.0

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: Trash Collection, Water

Lot Info

  • Parcel #: 504208131880
  • Zoning Description: RES

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2151.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2013
Closed on
Oct 25, 2013
Sold by
Lbs 2012 Family Homes Llc
Bought by
Jerves Alicia
Seller's Agent
Earl Lawrence
Bayview Realty Inc.
Buyer's Agent
Earl Lawrence
Bayview Realty Inc.
List Price
$240,000
Sold Price
$210,000
Premium/Discount to List
-$30,000
-12.5%
Current Estimated Value
$642,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$432,365
Avg. Annual Appreciation
9.82%

Purchase Details

Closed on
Nov 20, 2012
Sold by
Browning Randall
Bought by
Lbs2012 Family Homes Llc

Purchase Details

Closed on
May 10, 2005
Sold by
Wjl Financial Group Inc
Bought by
Browning Randall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,500
Interest Rate
5.98%
Mortgage Type
Commercial

Purchase Details

Closed on
May 3, 2005
Sold by
Brennan Thomas P
Bought by
Wjl Financial Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,500
Interest Rate
5.98%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 31, 2004
Sold by
Modesitt Brian L
Bought by
Brennan Thomas P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
5%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 18, 2002
Sold by
Garcia Carol
Bought by
Modesitt Brian L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
5.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 11, 2001
Sold by
W K Property Investments Llc
Bought by
Garcia Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 2001
Sold by
W K Property Investments Llc
Bought by
C O Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 21, 1999
Sold by
Howard Krantenstein Tr
Bought by
Christenson Mary K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,750
Interest Rate
6.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 3, 1998
Sold by
Jacob Mammen C and Jacob Varghese
Bought by
Kratenstein Howard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.86%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Jerves Alicia $180,000 Attorney
Lbs2012 Family Homes Llc $137,600 None Available
Browning Randall $335,000 --
Wjl Financial Group Inc $290,000 Florida Equity Title Inc
Brennan Thomas P $230,000 Florida American Title
Modesitt Brian L $192,500 --
Garcia Carol $185,000 --
W K Property Investments Llc $125,000 --
C O Group Inc $116,000 --
Christenson Mary K $165,000 --
Kratenstein Howard $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Browning Randall $185,500
Previous Owner Brennan Thomas P $184,000
Previous Owner Modesitt Brian L $171,000
Previous Owner Garcia Carol $148,000
Previous Owner C O Group Inc $125,000
Previous Owner Kratenstein Howard $123,750
Previous Owner Kratenstein Howard $500,000
Closed Browning Randall $53,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/08/2013 11/08/13 Sold $210,000 -12.5% $83 / Sq Ft
10/09/2013 10/09/13 Pending -- -- --
05/27/2013 05/27/13 For Sale $240,000 -- $95 / 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 $10,818 $452,740 -- --
2024 $9,530 $452,740 -- --
2023 $9,530 $374,180 $0 $0
2022 $8,352 $340,170 $0 $0
2021 $7,880 $309,250 $0 $0
2020 $7,193 $320,350 $22,100 $298,250
2019 $6,147 $278,310 $22,100 $256,210
2018 $5,696 $303,150 $22,100 $281,050
2017 $5,261 $211,240 $0 $0
2016 $5,005 $192,040 $0 $0
2015 $4,359 $174,590 $0 $0
2014 $4,071 $158,720 $0 $0
2013 -- $99,430 $22,100 $77,330
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2013

    Earl Lawrence

    Bayview Realty Inc.

    (561) 644-7241

    25 Total Sales

    Earl Lawrence
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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: H908626

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-08-13-1880

Florida Broward County Fort Lauderdale 33312

Melrose Manors

This home since 27 May 2013 and is currently estimated at $642,365, approximately $254 per square foot. This property was built in 1959. This home is a home located in Broward County with nearby schools including Westwood Heights Elementary School, Parkway Middle School, and Stranahan 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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