NOT LISTED FOR SALE

Estimated Value: $574,000 - $864,000

Studio
-- Bath
1,726 Sq Ft
$399/Sq Ft Est. Value

Sale Details

Date Sold: May 29, 2018

Last sale price $350,000 $203 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,627 / mo

18 Days on Market

Highlights

  • No HOA
  • Balcony
  • Tile Flooring
  • Fort Lauderdale High School Rated A
  • Porch
  • 2-minute walk to Rachel Richardson Park

About This Home

As of May 2018

This duplex is perfect for an Owner to live on one side and rent other unit or rent both making a great investment opportunity. Each unit is a mirrored 2/1 with sun-room and laundry. 2 FPL meters, 2 water meters. Currently fully occupied. Parking for up to 4 cars for each unit. Close to shopping and nightlife, on a beautiful, quiet, low-traffic street. Close to 95, airport & the beach.

Last Agent to Sell the Property

Matthew Eicholz

RWE Real Estate Services License #3272098 Listed on: 05/04/2018

Last Buyer's Agent

Thomas Echea

Compass Florida, LLC License #3223297

Compass Florida, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,622

Year Built

  • Built in 1963

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,726 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Central Air
  • Heating Available
  • Separate Meters
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Association fees include ground maintenance
  • 22 Units
  • Tropical Palms 54 17 B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494227400020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,622

Year Built

Built in 1963

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 1963
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Flooring: Tile
  • Living Area: 1726.0
  • Stories: 1

Exterior Features

  • Exterior Features: Balcony
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Porch, Balcony
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric, Separate Meters
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: Maintenance Grounds

Lot Info

  • Parcel #: 494227400020
  • Mobile Dim Units: Feet
  • Zoning: RM-12

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 3622.0

Multi Family

  • Number Of Units In Community: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2021
Sold by
Schroeder Mark
Bought by
Crowley Enterprises Inc
Current Estimated Value
$688,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Outstanding Balance
$325,219
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$362,923

Purchase Details

Listed on
May 4, 2018
Closed on
May 29, 2018
Sold by
Eicholz Matthew
Bought by
Schroeder Mark
Seller's Agent
Matthew Eicholz
RWE Real Estate Services
Buyer's Agent
Thomas Echea
Compass Florida, LLC
List Price
$388,900
Sold Price
$350,000
Premium/Discount to List
-$38,900
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.01%

Purchase Details

Closed on
Jul 19, 2001
Sold by
Nesbit Paul
Bought by
Eicholz Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,250
Interest Rate
4.77%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 1, 2000
Sold by
Krevoy Cary
Bought by
Nesbit Paul B and Nicholz Matthew L

Purchase Details

Closed on
Jul 15, 1998
Sold by
Silverman Kenny
Bought by
Krevoy Cary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,920
Interest Rate
7.02%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 2, 1998
Sold by
Charles Luckner Louis
Bought by
Silverman Kenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,130
Interest Rate
7.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 11, 1994
Sold by
Flanagan John F and Hull Flanagan Delora Lea
Bought by
Charles Luckner Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
8.62%
Mortgage Type
Commercial
Source: Public Records
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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
Crowley Enterprises Inc $455,000 Attorney
Schroeder Mark $350,000 Attorney
Eicholz Matthew $74,800 --
Nesbit Paul B $159,000 --
Krevoy Cary $130,000 --
Silverman Kenny $95,700 --
Charles Luckner Louis $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crowley Enterprises Inc $364,000
Previous Owner Eicholz Matthew $164,250
Previous Owner Silverman Kenny $15,920
Previous Owner Silverman Kenny $86,130
Previous Owner Charles Luckner Louis $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2018 05/29/18 Sold $350,000 -10.0% $203 / Sq Ft
05/04/2018 05/04/18 For Sale $388,900 -- $225 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2026 $11,047 $502,450 $59,990 $442,460
2025 $9,769 $484,000 -- --
2024 $9,899 $440,170 $59,990 $380,180
2023 $9,899 $450,640 $0 $0
2022 $8,825 $409,680 $59,990 $349,690
2021 $8,385 $374,340 $0 $0
2020 $7,545 $359,530 $59,990 $299,540
2019 $6,773 $309,380 $59,990 $249,390
2018 $3,731 $213,160 $0 $0
2017 $3,622 $189,030 $0 $0
2016 $3,425 $179,650 $0 $0
2015 $3,074 $163,740 $0 $0
2014 $3,043 $162,450 $0 $0
2013 -- $160,050 $59,990 $100,060
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10121120

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-27-40-0020

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