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420 Southwest 18th Avenue

420 Southwest 18th Avenue, Fort Lauderdale, FL 33312
Property in Riverside Park
Sold Jul 02, 2021
$745,000
$563,000 by Newtek Small Business Finance
Mortgage Due May 01, 2032
Sold Dec 29, 2017
$48,000
Local assessors in Fort Lauderdale, FL have categorized 420 Southwest 18th Avenue as a residential type of property. The home was built in 1957 and is 67 years old. It was most recently renovated and altered in 1958. The property's lot size has been calculated to be 8,465 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 420 Southwest 18th Avenue has a total of 1,690 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 308 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a spa or hot tub but no pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of tile. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 420 Southwest 18th Avenue was last sold in Jun 30, 2021 for $745,000. According to our calculations, that's $351.08 per sqft. Prior to that sales transaction, the property was sold for $48,000 in Dec 28, 2017. Current property owners are expected to pay $16,638 in taxes per year. The property on 420 Southwest 18th Avenue was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $880,710. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Garage
  • Garage Square Area: 308
  • Parking Space Count: 1
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 8,465
  • Lot Size Frontage Feet: 799
  • Total Building Area: 2,122
  • Gross Building Area: 2,122
  • Building Area: 1,690
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,690
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GILL ISLES 44-13 B
  • Land Acres: 0.194
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GILL ISLES 44-13 B LOT 40

Ownership

  • Current Owner : LE CHRIS
  • Previous Owner : SAGNELLA TODD
  • Previous Owner 2: LEVY DIANE
  • Owner Before Previous Owner: SAGNELLA VINCENT R
  • Owner Before Previous Owner 2: SAGNELLA TODD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 042700

Zoning

  • Zoning: RS-8

Geography

  • District: 0312
  • Parcel: 50-42-09-27-0390
  • Lot: 40
  • Meridian: SEC 09 TWN 50S RNG 42E
  • Municipality: FORT LAUDERDALE
  • Latitude: 26.1169
  • Longitude: -80.1654

    Address

  • Full Address: 420 Sw 18th Ave
  • Address - House Number: 420
  • Street Direction: SW
  • Address - Street Name: 18th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Fort Lauderdale
  • Carrier Code: C016
  • 4-Digit Zip Code: 7625
  • Zip Code: 33312

Valuation

    Tax

  • Total Area: 1,784
  • Tax Year: 2023
  • Tax Amount: $16,638
  • Tax Rate Code Area: 0312

    Appraisal Valuation

  • Standard Deviation: 0.1879
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 75
  • Final Value: 1,073,576
  • High Value: 1,275,345
  • Low Value: 871,807

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $563,000
  • First Open Lien Mortgage Lender: NEWTEK SMALL BUSINESS FINANCE
  • First Open Lien Mortgage Recording Date: May 19, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $563,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: SBA Participation Trust Deed
  • First Open Lien Mortgage Loan Due Date: May 01, 2032

    Market Valuation

  • Market Total Value: $944,260
  • Market Land Value: $109,620
  • Market Improvement Value: $834,640

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $880,710

    Sales

  • Current Sale Contract Date: Jun 30, 2021
  • Current Sale Recording Date: Jul 02, 2021
  • Current Sale Transaction ID: 11841550891
  • Current Sale Price: $745,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 117397229
  • Previous Sale Recording Date: Dec 29, 2017
  • Previous Sale Contract Date: Dec 28, 2017
  • Previous Sale Amount: $48,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: ANGEL OAK MORTGAGE SOLUTIONS L
  • First Mortgage Transaction Date: Jul 02, 2021
  • First Mortgage Loan Amount: $555,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

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Frequently Asked Questions

What neighborhood is 420 Southwest 18th Avenue located in?
The 420 Southwest 18th Avenue is a located in the neighborhood of Riverside Park in South Fort Lauderdale, Fort Lauderdale.
What is the average sales price for listings in 420 Southwest 18th Avenue?
The average sales price for units in 420 Southwest 18th Avenue is $0 currently.

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