NOT LISTED FOR SALE

Hollywood, FL 33020

Downtown Hollywood Neighborhood

Estimated Value: $934,000 - $1,244,000

5 Beds
-- Bath
2,437 Sq Ft
$423/Sq Ft Est. Value

Last Sold October 12, 2022

Last sale price $850,000 $349 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $7,174/month

146 Days on Market

Highlights

  • No HOA
  • Partial Accordion Shutters
  • Ceramic Tile Flooring
  • Screened Balcony
  • Cooling System Mounted To A Wall/Window
  • Laundry Facilities

About This Home

As of October 2022

Rare opportunity to own a 4 unit building in Hollywood East of US-1 around the corner from Young Circle. All units are leased, showings of the units with signed contract during inspection period. Please do not disturb tenants.

Last Listed By

Marco Ballarin

Mollie McClure Meyers Inc License #3206515 Listed on: 05/18/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,161

Year Built

  • Built in 1947

Lot Details

  • 5,445

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,437 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Home Security

  • Partial Accordion Shutters
  • Partial Impact Glass

Outdoor Features

  • Screened Balcony
  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Listing and Financial Details

  • Rent includes electricity, gardener, sewer, trash collection, water
  • Assessor Parcel Number 514215021810

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Hollywood Condos
  • Hollywood Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,161

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1947
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: HOLLYWOOD
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 2437
  • Possible Use: Investment
  • Stories: 2
  • Window Features: Partial Accordian Shutters, Partial Impact Glass, Partial Panel Shutters/Awnings

Exterior Features

  • Roof: Barrel Roof
  • Exterior Features: Fruit Trees, Exterior Lights, Screened Balcony
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HOLLYWOOD
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Green Building Features: Laundry Facility
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514215021810
  • Zoning: Residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8161

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2022
Closed on
Oct 11, 2022
Sold by
Tpec Llc
Bought by
Rokamar Investments Llc
Seller's Agent
Marco Ballarin
Mollie McClure Meyers Inc
Buyer's Agent
Rafael Iturriaga
RAFA Realty LLC
List Price
$900,000
Sold Price
$850,000
Premium/Discount to List
-$50,000
-5.56%
Total Days on Market
146
Views
5
Current Estimated Value
$1,031,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,247
Avg. Annual Appreciation
4.93%
Original Mortgage
$425,000
Outstanding Balance
$411,136
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$551,334

Purchase Details

Closed on
Jan 7, 2009
Sold by
Hsbc Bank Usa National Association
Bought by
Tpec Llc

Purchase Details

Closed on
Jul 24, 2008
Sold by
Colas Merilia and Colas Maxi
Bought by
Hsbc Bank Usa Na

Purchase Details

Closed on
Aug 1, 2006
Sold by
Mckinley Joseph W and Mckinley Elizabeth A
Bought by
Colas Merilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
8.42%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 15, 2003
Sold by
Brojcin Angelina
Bought by
Mckinley Joseph W and Mckinley Elizabeth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 1, 1991
Sold by
Available Not
Bought by
Available Not

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
Rokamar Investments Llc $850,000 --
Tpec Llc $209,000 Attorney
Hsbc Bank Usa Na -- Attorney
Colas Merilia $560,000 Town & Country Title
Mckinley Joseph W $275,000 The Title Company Of S Fl
Available Not $8,571 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rokamar Investments Llc $425,000
Previous Owner Tpec Llc $123,664
Previous Owner Colas Merilia $504,000
Previous Owner Mckinley Joseph W $100,000
Previous Owner Mckinley Joseph W $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2022 10/12/22 Sold $850,000 -5.6% $349 / Sq Ft
05/18/2022 05/18/22 For Sale $900,000 -- $369 / 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 $17,487 $825,630 $65,450 $760,180
2024 $17,538 $765,830 $65,450 $700,380
2023 $17,538 $765,830 $65,450 $700,380
2022 $8,781 $349,990 $0 $0
2021 $8,161 $318,180 $0 $0
2020 $7,415 $308,210 $65,450 $242,760
2019 $6,861 $265,860 $65,450 $200,410
2018 $6,506 $285,790 $65,450 $220,340
2017 $5,736 $217,340 $0 $0
2016 $5,329 $197,590 $0 $0
2015 $4,880 $179,630 $0 $0
2014 $4,555 $163,300 $0 $0
2013 -- $157,250 $65,450 $91,800
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2022

    Marco Ballarin

    Mollie McClure Meyers Inc

    2 in this area

    3 Total Sales

    Marco Ballarin
    Section Image
  • Rafael Iturriaga

    Buyer's Agent in 2022

    Rafael Iturriaga

    RAFA Realty LLC

    (786) 222-3713

    1 in this area

    22 Total Sales

    Rafael Iturriaga
    Section Image
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Source: MIAMI REALTORS® MLS

MLS Number: A11206364

MIAMI REALTORS® MLS

APN: 51-42-15-02-1810

Florida Broward County Hollywood 33020

Downtown Hollywood

Homes for Sale in Hollywood, FL

This home since 18 May 2022 and is currently estimated at $1,031,247, approximately $423 per square foot. This property was built in 1947. This home is a home located in Broward County with nearby schools including Hollywood Central Elementary School, Olsen Middle School, and South Broward 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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