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5240 Northeast 18th Avenue

5240 Northeast 18th Avenue, Fort Lauderdale, FL 33334
House in Knoll Ridge
Sold Dec 29, 2021
$623,500
$324,220 by Sofi Lending Corp
Mortgage Due Jan 01, 2052
Sold Aug 03, 2015
$315,900
5240 Northeast 18th Avenue has been categorized by the local assessors in Fort Lauderdale, FL as a residential type of property. The building on the property was first built in 1970 and is 54 years old. However, we must point out that the home was most recently renovated and altered in 1971. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5240 Northeast 18th Avenue has 1,821 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,795 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a unknown on the property. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. 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, 5240 Northeast 18th Avenue was last sold in Dec 22, 2021 for $623,500. According to our calculations, that's $282.51 per sqft. Prior to that sales transaction, the property was sold for $315,900 in Jul 8, 2015. Current property owners are expected to pay $11,270 in taxes per year. The property on 5240 Northeast 18th Avenue was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $628,590. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Block Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Type: Built-in
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,795
  • Lot Size Frontage Feet: 792
  • Total Building Area: 2,207
  • Gross Building Area: 2,207
  • Building Area: 1,821
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,821
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORAL RIDGE ADD A 41-30 B
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CORAL RIDGE ADD A 41-30 B LOT 8 BLK 1

Ownership

  • Current Owner : NEGELEV ALEXANDER
  • Current Owner 2: LEVIN FAINA
  • Previous Owner : COLLINS BRIAN
  • Previous Owner 2: THE BRIAN COLLINS REVOCABLE TR
  • Owner Before Previous Owner: SPECKMAN JOHN J
  • Owner Before Previous Owner 2: SPECKMAN LOIS ANN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 040300

Zoning

  • Zoning: RMM-25

Geography

  • District: 0312
  • Parcel: 49-42-13-04-0080
  • Block: 1
  • Lot: 8
  • Meridian: SEC 13 TWN 49S RNG 42E
  • Municipality: FORT LAUDERDALE
  • Latitude: 26.1928
  • Longitude: -80.1225

    Address

  • Full Address: 5240 Ne 18th Ave
  • Address - House Number: 5240
  • Street Direction: NE
  • Address - Street Name: 18th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Fort Lauderdale
  • Carrier Code: C034
  • 4-Digit Zip Code: 5729
  • Zip Code: 33334

Valuation

    Tax

  • Total Area: 1,959
  • Tax Year: 2023
  • Tax Amount: $11,270
  • Tax Rate Code Area: 0312

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 77
  • Final Value: 961,409
  • High Value: 1,128,172
  • Low Value: 794,646

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $324,220
  • First Open Lien Mortgage Lender: SOFI LENDING CORP
  • First Open Lien Mortgage Recording Date: Dec 29, 2021
  • First Open Lien Mortgage Loan Amount: $324,220
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2052

    Market Valuation

  • Market Total Value: $710,260
  • Market Land Value: $77,950
  • Market Improvement Value: $632,310

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $628,590

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 22, 2021
  • Current Sale Recording Date: Dec 29, 2021
  • Current Sale Transaction ID: 11876009113
  • Current Sale Price: $623,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 117832991
  • Previous Sale Recording Date: Aug 03, 2015
  • Previous Sale Contract Date: Jul 08, 2015
  • Previous Sale Amount: $315,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SOFI LENDING CORP
  • First Mortgage Transaction Date: Dec 29, 2021
  • First Mortgage Loan Amount: $324,220
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

About North Fort Lauderdale



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Nearby Rentals

Unit for rent at

$3,750 /mo

  • 2 Beds
  • 1.5 Baths
  • 954 ft²
Listing by Lisa A Wilson
Unit for rent at

$3,700 /mo

  • 1 Bed
  • 1 Bath
  • 730 ft²
Listing by Elena Castro
Unit for rent at

$3,900 /mo

  • Studio
Listing by Cristobal Acevedo
Unit for rent at

$3,750 /mo

  • 2 Beds
  • 2 Baths
  • 1,000 ft²
Listing by Lisa A Wilson
Unit for rent at

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,300 ft²
Listing by Will Haas
Unit for rent at

$3,900 /mo

  • 2 Beds
  • 1 Bath
  • 1,056 ft²
Listing by Kevin Enright
Unit for rent at

$3,700 /mo

  • 2 Beds
  • 2 Baths
  • 1,600 ft²
Listing by Alicia Zambrano

Frequently Asked Questions

What neighborhood is 5240 Northeast 18th Avenue located in?
The 5240 Northeast 18th Avenue is a house located in the neighborhood of Knoll Ridge in North Fort Lauderdale, Fort Lauderdale.
What is the average sales price for listings in 5240 Northeast 18th Avenue?
The average sales price for units in 5240 Northeast 18th Avenue is $650,000 , or $332/sqft. currently.

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