NOT LISTED FOR SALE
6.5 Acres
-- Price per Acre
283,140 Sq Ft Lot

Last Sold February 20, 2014

Last sale price $1,900,000

116 Days on Market

About This Lot

As of February 2014

Lender Owned - Foreclosed and priced substaintaly under market value. Comparable available upon request. Zoning I-1x Simply the best zoning in the city of Pompano, at a great location. One of the few, if not the last large parcel with this zoning.

Last Agent to Sell the Property

Danica Blazanovic

Biz Realty License #3115933 Listed on: 09/26/2013

Last Buyer's Agent

Danica Blazanovic

Biz Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $38,953

Year Built

  • Built in 1962

Lot Details

  • 6.5 Acre Lot
  • Lot Dimensions are 925x334
  • Property is zoned I1X TEMP

Utilities

  • Septic Tank

Community Details

  • Reit Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484227400010

Property Details

Property Type

Land

Est. Annual Taxes

$38,953

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Industrial
  • Property Sub Type Additional: Industrial
  • Directions: FROM I-95, GO WEST ON, COPANS RD. TO POWERLINE ROAD THEN TURN SOUTH TO PROPERTY ON LEFT. MAIN ENTRY IS ON SW 16TH STREET. (CODE # 2350)
  • Year Built: 1962
  • Special Features: RealEstateOwned

Exterior Features

  • Lot Features: 5-10 Acres, Industrial Park
  • Road Frontage Type: Main Thoroughfare
  • Waterfront: No

Utilities

  • Sewer: Public Sewer, Septic Tank
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Lot Info

  • Parcel #: 484227400010
  • Current Use: Industrial
  • Lot Size Acres: 6.5
  • Lot Size: 925x334
  • Number Of Lots: 1
  • Zoning Description: I1X TEMP

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 38953.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2013
Closed on
Feb 13, 2014
Sold by
Sr Global Ventures Llc
Bought by
Bay Realty Llc
Seller's Agent
Danica Blazanovic
Biz Realty
Buyer's Agent
Danica Blazanovic
Biz Realty
List Price
$2,495,000
Sold Price
$1,900,000
Premium/Discount to List
-$595,000
-23.85%

Purchase Details

Closed on
Mar 8, 2011
Sold by
Powerline Equipment Storage Llc and Bast Harlan J
Bought by
Sr Global Ventures Llc

Purchase Details

Closed on
Nov 30, 2007
Sold by
1550 N Powerline Properties Inc
Bought by
Powerline Equipment Storage Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2001
Sold by
Patrick Jr E Reithoffer M and Bette A Reithoffer M
Bought by
1550 N Powerline Props Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bay Realty Llc $1,900,000 Attorney
Sr Global Ventures Llc -- None Available
Powerline Equipment Storage Llc $2,000,000 Attorney
1550 N Powerline Props Inc $1,095,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Powerline Equipment Storage Llc $2,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2014 02/20/14 Sold $1,900,000 -23.8% --
01/21/2014 01/21/14 Pending -- -- --
09/26/2013 09/26/13 For Sale $2,495,000 -- --
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 $110,380 $5,373,380 $2,000,990 $3,372,390
2024 $100,604 $5,373,380 $2,000,990 $3,372,390
2023 $100,604 $4,631,230 $1,715,140 $2,916,090
2022 $100,437 $4,572,100 $1,715,140 $2,856,960
2021 $93,846 $4,273,210 $1,715,140 $2,558,070
2020 $92,413 $4,274,830 $1,715,140 $2,559,690
2019 $93,116 $4,274,830 $1,715,140 $2,559,690
2018 $91,586 $4,274,830 $1,715,140 $2,559,690
2017 $86,344 $4,101,460 $0 $0
2016 $35,066 $1,730,790 $0 $0
2015 $37,878 $1,795,380 $0 $0
2014 $38,022 $1,793,040 $0 $0
2013 -- $1,793,040 $1,712,800 $80,240
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1257284

BeachesMLS (Greater Fort Lauderdale)

APN: 48-42-27-40-0010