NOT LISTED FOR SALE

Estimated Value: $438,869 - $543,000

Studio
-- Bath
1,290 Sq Ft
$370/Sq Ft Est. Value

Sale Details

Date Sold: March 4, 2022

Last sale price $445,000 $345 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,331 / mo

9 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • High Impact Windows

About This Home

As of March 2022

Spectacular Duplex, in a fantastic area! Calling all investors, this amazing property is totally renovated, impact windows, roof was done in 2018. Each unit offers 2 bedrooms, 1 bathroom, also each unit has there own private laundry room outside, electric & water meter in EACH unit, plenty of parking, and substantial space yard for both units as well. Minutes from Downtown Ft Lauderdale, beaches, airport, highways, and shops! Each unit is currently leased, please see broker remarks. Do not disturb tenants.

Last Agent to Sell the Property

Orestes David Canales

The Keyes Company License #3351870 Listed on: 01/22/2022

The Keyes Company

Last Buyer's Agent

Nanci Gilbert

LPT Realty, LLC License #3173143

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,325

Year Built

  • Built in 1961

Lot Details

  • 5,489

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Substantially Remodeled

Interior Spaces

  • 1,290 Sq Ft Home
  • 1-Story Property
  • High Impact Windows

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 504209130670

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Riverside Park Add Amen P Condos
  • Riverside Park Add Amen P Subdivision

Building Details

  • Net Operating Income $36,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,325

Year Built

Built in 1961

Lot Details

5,489 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1961
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Directions: Use GPS
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: RIVERSIDE PARK ADD AMEN P
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 1290
  • Possible Use: Primary
  • Stories: 1
  • Window Features: High Impact Windows

Exterior Features

  • Roof: Other
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RIVERSIDE PARK ADD AMEN P
  • Total Parking Spaces: 5

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 504209130670
  • Zoning: RD-15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Multi Family

  • Net Operating Income: 36300
  • Number Of Units Total: 2

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6325

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2022
Closed on
Mar 4, 2022
Sold by
Delgado Rene
Bought by
Pierre Marchenay and Pierre Elyse Thatcher
Seller's Agent
Orestes David Canales
The Keyes Company
Buyer's Agent
Nanci Gilbert
LPT Realty, LLC
List Price
$499,900
Sold Price
$445,000
Premium/Discount to List
-$54,900
-10.98%
Current Estimated Value
$477,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,717
Avg. Annual Appreciation
1.76%
Original Mortgage
$427,121
Outstanding Balance
$396,191
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$81,526

Purchase Details

Closed on
Nov 20, 2018
Sold by
Runnebaum Investments Inc
Bought by
Delgado Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,750
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2018
Sold by
Daca Management Llc
Bought by
Runnebaum Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.45%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 9, 2017
Sold by
Weinberg Oscar and Weinberg Laura
Bought by
Weinberg Oscar and Weinberg Laura

Purchase Details

Closed on
Mar 1, 2017
Bought by
Oscar & Laura Weinberg Rev Tr

Purchase Details

Closed on
Mar 19, 2004
Sold by
Taylor Norma E and Taylor Robert E
Bought by
Weinberg Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
7.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 11, 2003
Sold by
Taylor Norma E
Bought by
Taylor Robert E and Taylor Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 9, 1997
Sold by
Adams Donna J and Adams Adam S
Bought by
Taylor Norma E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.43%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 1988
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pierre Marchenay $445,000 Nu World Title
Delgado Rene $335,000 Spectrum Title Services Llc
Runnebaum Investments Inc $190,000 Horneinc Title Llc
Daca Management Llc $175,000 Homeine Title Llc
Weinberg Oscar -- Attorney
Oscar & Laura Weinberg Rev Tr $100 --
Weinberg Oscar $195,000 --
Taylor Robert E -- Transcontinental Title Co
Taylor Norma E $75,000 --
-- $7,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierre Marchenay $427,121
Previous Owner Delgado Rene $284,750
Previous Owner Runnebaum Investments Inc $190,000
Previous Owner Weinberg Oscar $175,500
Previous Owner Taylor Robert E $90,000
Previous Owner Taylor Norma E $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2022 03/04/22 Sold $445,000 -11.0% $345 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
01/22/2022 01/22/22 For Sale $499,900 -- $388 / Sq Ft
Source: MIAMI REALTORS® MLS

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
2026 $9,095 $410,030 $30,250 $379,780
2025 $8,271 $410,030 $30,250 $379,780
2024 $8,871 $376,630 $16,500 $360,130
2023 $8,871 $406,350 $16,500 $389,850
2022 $6,817 $306,420 $16,500 $289,920
2021 $6,325 $280,580 $16,500 $264,080
2020 $6,254 $278,210 $16,500 $261,710
2019 $5,949 $286,610 $16,500 $270,110
2018 $3,191 $197,880 $16,500 $181,380
2017 $2,942 $109,240 $0 $0
2016 $2,801 $99,310 $0 $0
2015 $2,521 $90,290 $0 $0
2014 $2,347 $82,090 $0 $0
2013 -- $83,980 $16,500 $67,480
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11150394

MIAMI REALTORS® MLS

APN: 50-42-09-13-0670

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