NOT LISTED FOR SALE

Estimated Value: $980,956

5 Beds
-- Baths
2,437 Sq Ft
$403/Sq Ft Est. Value

Sale Details

Date Sold: October 12, 2022

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

Est. 15% increase in value since last sale

Current estimated payment $6,768 / mo

101 Days on Market

Highlights

  • Fruit Trees
  • No HOA
  • Balcony
  • Outdoor Living Area
  • Screened Porch
  • Ceramic Tile Flooring

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 Agent to Sell the Property

Marco Ballarin

Mollie McClure Meyers Inc License #3206515 Listed on: 05/16/2022

Last Buyer's Agent

Rafael Iturriaga

RAFA Realty LLC License #3372392

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,161

Year Built

  • Built in 1947

Lot Details

  • Sprinkler System
  • Fruit Trees

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Barrel Roof Shape

Interior Spaces

  • 2,437 Sq Ft Home
  • 2-Story Property
  • Screened Porch
  • Ceramic Tile Flooring
  • Laundry Located Outside

Outdoor Features

  • Balcony
  • Outdoor Living Area
  • Exterior Lighting

Schools

  • Hollywood Central Elementary School
  • Olsen Middle School
  • South Broward High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 514215021810

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Hollywood Subdivision

Building Details

  • Gross Income $5,250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,161

Year Built

Built in 1947

Lot Details

5,445 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Year Built: 1947
  • MLS Status: Closed
  • Standard Status: Closed
  • New Construction: No
  • Structure Type: Multi Family
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2437.0
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Lighting, Outdoor Living Area
  • Lot Features: Fruit Trees, Sprinkler System
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Screened, Balcony
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Laundry Features: Outside
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None, Separate Meters
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hollywood Central
  • High School: South Broward
  • Middle Or Junior School: Olsen

Lot Info

  • Parcel #: 514215021810
  • Mobile Dim Units: Feet
  • Zoning: Residential

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8161.0

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 5250.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2022
Closed on
Oct 11, 2022
Sold by
Tpec Llc
Bought by
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%
Current Estimated Value
$980,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,956
Avg. Annual Appreciation
3.69%
Original Mortgage
$425,000
Outstanding Balance
$401,810
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$579,146

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 and Ace Securities Corp Home Equity Loan Tru

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
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/12/2022 10/12/22 Sold $850,000 -5.6% $349 / Sq Ft
08/25/2022 08/25/22 Pending -- -- --
05/16/2022 05/16/22 For Sale $900,000 -- $369 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $18,738 $845,570 $65,450 $780,120
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

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11206364

BeachesMLS (Greater Fort Lauderdale)

APN: 51-42-15-02-1810

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