NOT LISTED FOR SALE

Lauderhill, FL 33313

Estimated Value: $775,000

9 Beds
6 Baths
3,600 Sq Ft
$215/Sq Ft Est. Value

Last Sold May 11, 2021

Last sale price $450,000 $125 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $5,227/month

41 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 1-Story Property
  • Cooling Available
  • Heating Available

About This Home

As of May 2021

OPPORTUNITY TO CAPTURE MULTIFAMILY IN THE DESIREABLE LAUDERHILL.
MUST BE PURCHASED WITH THE ADJACENT TRIPLEX 5741-5749 NW 27 COURT MLS #: A11014069
THREE 3 BEDROOM 2 BATH 1026sf UNITS. 2 OF THE UNITS HAVE BEEN RENOVATED.
4 OF THE 6 UNITS ARE SECTION 8
MONTHLY RENTS;
5731- $1734. HOUSING
5735- $1700. HOUSING
5739- VACANT.

Last Agent to Sell the Property

Barry Beschel

Beachfront Realty Inc License #3012844 Listed on: 03/16/2021

Beachfront Realty Inc

Last Buyer's Agent

Kathleen Beasley

Charles Rutenberg Realty LLC License #3224570

Charles Rutenberg Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,748

Year Built

  • Built in 1974

Lot Details

  • 8,059

Parking

  • 6 Parking Spaces

Home Design

  • Triplex
  • Composition Roof

Interior Spaces

  • 3,600 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 3 Units
  • Cannon Point First Add Condos
  • Cannon Point First Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494126180120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,748

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1974
  • Property Sub Type: Triplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: CANNON POINT FIRST ADD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 3600
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Composition Roll
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CANNON POINT FIRST ADD
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494126180120
  • Zoning: MULTIFAMILY
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9748

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
May 10, 2021
Sold by
Genesis Property Investments Llc
Bought by
Ritos Properties Lp
Seller's Agent
Barry Beschel
Beachfront Realty Inc
Buyer's Agent
Kathleen Beasley
Charles Rutenberg Realty LLC
List Price
$500,000
Sold Price
$450,000
Premium/Discount to List
-$50,000
-10%
Current Estimated Value
$775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,000
Avg. Annual Appreciation
12.93%

Purchase Details

Closed on
Jun 14, 2019
Sold by
Ibrahim Andria and Ibrahim Lucienne
Bought by
Genesis Property Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 11, 2000
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
Ritos Properties Lp $900,000 None Available
Genesis Property Investments Llc $370,000 Attorney
-- $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Genesis Property Investments Llc $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2021 05/11/21 Sold $450,000 -10.0% $125 / Sq Ft
03/16/2021 03/16/21 For Sale $500,000 -- $139 / 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 $13,961 $530,490 -- --
2024 $12,869 $530,490 -- --
2023 $12,869 $438,430 $0 $0
2022 $11,118 $398,580 $24,150 $374,430
2021 $10,596 $367,260 $0 $0
2020 $9,748 $333,880 $24,150 $309,730
2019 $6,358 $290,750 $24,150 $266,600
2018 $6,042 $317,290 $24,150 $293,140
2017 $5,464 $132,260 $0 $0
2016 $5,019 $120,240 $0 $0
2015 $4,722 $109,310 $0 $0
2014 $4,271 $99,380 $0 $0
2013 -- $131,980 $24,150 $107,830
Source: Public Records

Agents Affiliated with this Home

  • Barry Beschel

    Seller's Agent in 2021

    Barry Beschel

    Beachfront Realty Inc

    (305) 933-3377

    2 in this area

    29 Total Sales

    Barry Beschel
    Section Image

  • K

    Buyer's Agent in 2021

    Kathleen Beasley

    Charles Rutenberg Realty LLC

    Section Image
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Source: MIAMI REALTORS® MLS

MLS Number: A11014034

MIAMI REALTORS® MLS

APN: 49-41-26-18-0120

Florida Broward County Lauderhill

33313

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