NOT LISTED FOR SALE

Estimated Value: $508,000 - $945,000

Studio
4 Baths
2,250 Sq Ft
$305/Sq Ft Est. Value

Last Sold October 03, 2017

Last sale price $409,000 $182 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,706/month

82 Days on Market

Highlights

  • Above Ground Pool
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Deck
  • Patio
  • Central Heating and Cooling System

About This Home

As of October 2017

Property SOLD AS-IS! This property is zoned residential or commercial! Its currently a sober home, bringing in around $2640 weekly, all figures based on current occupancy. There is a house that is a 2/1 with an office and a garage converted to an efficiency as well as (2) 2/1 units and (2) efficiencies on property. An above ground pool with a beautiful deck sits in the middle of the property, brand new AC in one of the units, roof completely redone in 2006. Sold AS-IS.

Last Agent to Sell the Property

Sara Neering

LPT Realty, LLC License #3365435 Listed on: 06/12/2017

LPT Realty, LLC

Last Buyer's Agent

Sara Neering

LPT Realty, LLC License #3365435 Listed on: 06/12/2017

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,973

Year Built

  • Built in 1950

Lot Details

  • 7,806 Sq Ft Lot
  • Fenced
  • Sprinkler System

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,250 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate
  • Tile

Outdoor Features

  • Above Ground Pool
  • Deck
  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 40434503150120090

Community Details

Overview

  • 4 Units
  • Greynolds Highlands Unit Subdivision

Building Details

  • Operating Expense $20,000
  • Net Operating Income $106,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,973

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: Hypoluxo East to US1, make a left on US1 to first light (Finlandia), make left, go over tracks and make immediate right, property on left.
  • Year Built: 1950
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Carpet, Laminate, Tile
  • Living Area: 2250.0

Exterior Features

  • Exterior Features: Deck, Fence, Patio
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Above Ground, Pool
  • Waterfront: No
  • Construction Type: Frame
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 40434503150120090
  • Lot Size Sq Ft: 7806.0
  • Zoning Description: C1(cit
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Property Net Operating Income: 106000.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 20000.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 6973.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2017
Closed on
Oct 3, 2017
Sold by
Billings Richard
Bought by
Papachristos James
Seller's Agent
Sara Neering
LPT Realty, LLC
Buyer's Agent
Sara Neering
LPT Realty, LLC
List Price
$419,000
Sold Price
$409,000
Premium/Discount to List
-$10,000
-2.39%
Current Estimated Value
$685,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$276,846
Avg. Annual Appreciation
6.45%
Original Mortgage
$401,591
Outstanding Balance
$333,379
Interest Rate
3.86%
Mortgage Type
FHA
Estimated Equity
$352,467

Purchase Details

Closed on
May 4, 2011
Sold by
910 East Coast Llc
Bought by
Billings Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
4.81%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 1, 2009
Sold by
Vito Joseph and Bautista Czarina
Bought by
910 East Coast Llc

Purchase Details

Closed on
Sep 10, 2007
Sold by
Vito Joseph
Bought by
Vito Joseph

Purchase Details

Closed on
Mar 1, 2005
Sold by
Coy Anne M
Bought by
Vito Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 19, 2003
Sold by
Coy Anne M
Bought by
Nina Properties Ins

Purchase Details

Closed on
Oct 1, 2002
Sold by
Clapp Ronald
Bought by
Coy Anne M

Purchase Details

Closed on
Mar 26, 2002
Sold by
Montagnino Anthony and Montagnino Rosann
Bought by
Clapp Ronald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,350
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage
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
Papachristos James $409,000 First American Title Ins Co
Billings Richard $190,000 Attorney
910 East Coast Llc $220,000 Attorney
Vito Joseph $155,000 None Available
Vito Joseph $385,000 Flagler Title Company
Nina Properties Ins -- --
Coy Anne M $315,000 Flagler Title Company
Clapp Ronald $215,000 Standard Title Ins Agency In
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papachristos James $401,591
Previous Owner Billings Richard $142,500
Previous Owner Vito Joseph $310,000
Previous Owner Clapp Ronald $176,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/03/2017 10/03/17 Sold $409,000 -2.4% $182 / Sq Ft
09/03/2017 09/03/17 Pending -- -- --
06/12/2017 06/12/17 For Sale $419,000 -- $186 / 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 $13,435 $588,701 -- --
2024 $13,435 $535,183 -- --
2023 $12,001 $486,530 $0 $0
2022 $11,477 $442,300 $0 $0
2021 $10,443 $402,091 $162,000 $240,091
2020 $10,210 $389,856 $138,000 $251,856
2019 $9,809 $367,715 $135,000 $232,715
2018 $8,923 $336,006 $132,536 $203,470
2017 $6,529 $233,440 $75,900 $157,540
2016 $6,973 $248,459 $0 $0
2015 $6,673 $225,872 $0 $0
2014 $6,349 $205,338 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10342065

BeachesMLS (Greater Fort Lauderdale)

APN: 40-43-45-03-15-012-0090