NOT LISTED FOR SALE

Fort Lauderdale, FL 33312

Estimated Value: $697,278

12 Beds
4 Baths
2,163 Sq Ft
$322/Sq Ft Est. Value

Last Sold April 19, 2017

Last sale price $315,000 $146 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $4,316/month

175 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Ceramic Tile Flooring

About This Home

As of April 2017

Completely remodeled ready to be operated, licensed by the city of Fort Lauderdale as up to 16 residents but set up as a 12 bed assisted living facility, seller will consider up to 50% financing

Last Agent to Sell the Property

Amit Raz

MMLS Assoc.-Inactive Member License #3242664 Listed on: 09/14/2016

Last Buyer's Agent

Cheryl Sloan

Shorewood Real Estate License #707330

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,043

Year Built

  • Built in 1960

Lot Details

  • 0.25

Parking

  • 8 Parking Spaces

Home Design

  • Shingle Roof
  • Flat Tile Roof

Interior Spaces

  • 2,163 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Additional Features

  • Property is zoned RS-4
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Melrose Park Sec 8 39 36 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504207080740

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,043

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1960
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Directions: south on 441 left on SW 2 court right on 38 terrace
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: Melrose Park Sec 8 39-36
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 2163
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Flat Tile, Shingle
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Melrose Park Sec 8 39-36
  • Total Parking Spaces: 8

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: 504207080740
  • Zoning: RS-4
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4043

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2016
Closed on
Apr 19, 2017
Sold by
New Coral Ridge Holdings Llc
Bought by
Ptd261 Inc
Seller's Agent
Amit Raz
MMLS Assoc.-Inactive Member
Buyer's Agent
Cheryl Sloan
Shorewood Real Estate
List Price
$319,900
Sold Price
$315,000
Premium/Discount to List
-$4,900
-1.53%
Current Estimated Value
$697,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,278
Avg. Annual Appreciation
9.76%
Original Mortgage
$129,000
Outstanding Balance
$107,347
Interest Rate
4.21%
Mortgage Type
Commercial
Estimated Equity
$589,931

Purchase Details

Listed on
Jan 23, 2014
Closed on
Mar 7, 2014
Sold by
Barkers Homes Inc
Bought by
New Coral Ridge Holding Llc
Seller's Agent
Anne De Lacour
MMLS Assoc.-Inactive Member
Buyer's Agent
Anne De Lacour
MMLS Assoc.-Inactive Member
List Price
$174,900
Sold Price
$175,000
Premium/Discount to List
$100
0.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.95%

Purchase Details

Closed on
Jun 15, 2007
Sold by
Rhoden Luxury Care Inc
Bought by
Barkers Homes Inc

Purchase Details

Closed on
Dec 31, 2003
Sold by
Holly Homes Assisted Living Facility Inc
Bought by
Rhoden Luxury Care Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 26, 2002
Sold by
Melrose Manor Inc
Bought by
Holly Homes Assisted Living Facility Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,750
Interest Rate
6.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 1997
Sold by
Linda Weston and Linda Mcbean H
Bought by
Melrose Manor Inc

Purchase Details

Closed on
Mar 1, 1992
Sold by
Available Not
Bought by
Available Not
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
Ptd261 Inc $315,000 Sun Trust Title Llc
New Coral Ridge Holding Llc $175,000 Attorney
Barkers Homes Inc $375,000 Garden Home Title
Rhoden Luxury Care Inc $235,000 --
Holly Homes Assisted Living Facility Inc $169,000 --
Melrose Manor Inc $120,000 --
Available Not $111,429 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ptd261 Inc $129,000
Previous Owner Rhoden Luxury Care Inc $188,000
Previous Owner Holly Homes Assisted Living Facility Inc $141,750
Closed Rhoden Luxury Care Inc $18,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/19/2017 04/19/17 Sold $315,000 -1.5% $146 / Sq Ft
03/08/2017 03/08/17 Pending -- -- --
03/06/2017 03/06/17 Price Changed $319,800 0.0% $148 / Sq Ft
09/14/2016 09/14/16 For Sale $319,900 +82.8% $148 / Sq Ft
03/17/2014 03/17/14 Sold $175,000 +0.1% $81 / Sq Ft View Prior Sale
01/31/2014 01/31/14 Pending -- -- --
01/23/2014 01/23/14 For Sale $174,900 -- $81 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $7,913 $326,520 $54,900 $271,620
2024 $7,929 $326,520 $54,900 $271,620
2023 $7,929 $326,820 $54,900 $271,920
2022 $7,446 $305,110 $0 $0
2021 $8,332 $277,380 $54,900 $222,480
2020 $8,305 $277,380 $54,900 $222,480
2019 $7,701 $277,380 $54,900 $222,480
2018 $6,644 $300,330 $54,900 $245,430
2017 $4,082 $156,420 $0 $0
2016 $4,172 $156,420 $0 $0
2015 $4,043 $156,420 $0 $0
2014 $4,030 $152,880 $0 $0
2013 -- $152,880 $54,900 $97,980
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Amit Raz

    MMLS Assoc.-Inactive Member

  • C

    Buyer's Agent in 2017

    Cheryl Sloan

    Shorewood Real Estate

  • A

    Seller's Agent in 2014

    Anne De Lacour

    MMLS Assoc.-Inactive Member

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Source: MIAMI REALTORS® MLS

MLS Number: A10148000

MIAMI REALTORS® MLS

APN: 50-42-07-08-0740

Florida Broward County Fort Lauderdale

33312

This home since 14 September 2016 and is currently estimated at $697,278, approximately $322 per square foot. This property was built in 1960. This home is a home located in Broward County with nearby schools including Westwood Heights Elementary School, Parkway Middle School, and South Plantation 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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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