NOT LISTED FOR SALE

Estimated Value: $431,313 - $582,000

4 Beds
2 Baths
1,566 Sq Ft
$321/Sq Ft Est. Value

Last Sold March 21, 2017

Last sale price $219,000 $140 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $3,419/month

1 Day on Market

Highlights

  • Home fronts a canal
  • Tile Flooring
  • 2-minute walk to Sunset Park
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

About This Home

As of March 2017

Hallandale Duplex! One Unit is 2 Bedroom 1 Bath. The Other Units is 2 Bedroom 2 Bath. Both Units Have Washer & Dryer Hookups. Rents are Below Market. Units Need Some Work & Updating & is Priced to Sell Fast. Tenants Pay their Own Water, Trash, & Electric. Annual Gross Income is $20,400. Annual Expenses Include Taxes: $3,086 Lawn: $420 Insurance: $3,500 (Totaling $7,005) Estimated Cap 6.4% with a Proforma Cap of 9.5%. All information is believed to be accurate but is not guaranteed. Buyer to Verify.

Last Agent to Sell the Property

Carlos Montoya

Fidelity Real Estate Group LLC License #0623048 Listed on: 02/17/2017

Co-Listed By

Natasha Q Realtor

Fidelity Real Estate Group LLC License #3320937

Last Buyer's Agent

Carlos Montoya

Fidelity Real Estate Group LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,086

Year Built

  • Built in 1959

Lot Details

  • Home fronts a canal

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,566 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Total Actual Rent $20,400
  • Rent includes gardener
  • Assessor Parcel Number 514228300480

Community Details

Overview

  • 2 Units
  • Ro Len Acres 47 48 B Subdivision

Building Details

  • Net Operating Income $13,394

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,086

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: From Federal Hwy & Hallandale Beach Blvd. Head South On Federal Hwy. Turn Slight Right onto Old Federal Hwy. Turn right onto SE 3rd St. Turn left onto S Dixie Hwy. Turn right onto SW 9th St. Turn left onto SW 4th Terrace
Destination will be on the left
  • Year Built: 1959
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Tile
  • Living Area: 1566.0

Exterior Features

  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront Features: Canal Front, None
  • Waterfront: No
  • Construction Type: Stucco
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Gardener

Lot Info

  • Parcel #: 514228300480
  • Zoning Description: RD-12

Multi Family

  • Property Net Operating Income: 13394.0
  • Number Of Units Total: 2
  • Total Actual Rent: 20400.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3086.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2017
Closed on
Mar 21, 2017
Sold by
Weir Alonzo N and Weir Alonzo
Bought by
Giannini Augusto and Giannini Maria Del Carmen
Seller's Agent
Carlos Montoya
Fidelity Real Estate Group LLC
Buyer's Agent
Carlos Montoya
Fidelity Real Estate Group LLC
List Price
$210,000
Sold Price
$219,000
Premium/Discount to List
$9,000
4.29%
Current Estimated Value
$502,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,078
Avg. Annual Appreciation
10.20%

Purchase Details

Closed on
Apr 23, 2001
Sold by
Alonzo Weir M and Alonzo Shirley Weir
Bought by
Weir Alonzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,600
Interest Rate
6.99%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 1, 1991
Sold by
Available Not
Bought by
Available Not
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
Giannini Augusto $219,000 Colonial Title
Weir Alonzo -- --
Available Not $42,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weir Alonzo $64,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2017 03/21/17 Sold $219,000 +4.3% $140 / Sq Ft
02/19/2017 02/19/17 Pending -- -- --
02/17/2017 02/17/17 For Sale $210,000 -- $134 / Sq Ft
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 $9,088 $426,410 -- --
2024 $8,196 $426,410 -- --
2023 $8,196 $352,410 $32,440 $319,970
2022 $7,556 $322,940 $0 $0
2021 $6,714 $293,590 $0 $0
2020 $6,088 $274,760 $32,440 $242,320
2019 $5,565 $242,640 $32,440 $210,200
2018 $5,505 $253,140 $32,440 $220,700
2017 $3,271 $114,370 $0 $0
2016 $3,086 $103,980 $0 $0
2015 $2,765 $94,530 $0 $0
2014 $2,128 $85,940 $0 $0
2013 -- $83,170 $32,440 $50,730
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10053821

BeachesMLS (Greater Fort Lauderdale)

APN: 51-42-28-30-0480