NOT LISTED FOR SALE

2031 NE 51st Ct Fort Lauderdale, FL 33308

Knoll Ridge Neighborhood

Estimated Value: $576,000 - $637,636

-- Bed
4 Baths
2,136 Sq Ft
$280/Sq Ft Est. Value

Last Sold December 06, 2024

Last sale price $590,000 $276 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $4,233/month

27 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Laundry Facilities
  • Floranada Elementary School Rated A-
  • Ceiling Fan

About This Home

As of December 2024

As-Is spacious duplex with two 2/2 units waiting for your renovations. This property is situated in a great location atop an incline just steps to Commercial Avenue, Holy Cross hospital and nearby shopping and dining. While the property needs updating it has great bones. The roof age is older and the property currently has one water meter with shared laundry. There is one long term tenant in place that is on a month-to-month basis with rent well below market. It could be perfect for an investor or to live in one side and collect income from the other. Please do not bother the tenants. Square footage from tax records and deemed reliable but un-verified. See it today as this could be a great property to own!

Last Listed By

Michael McClure

Charles Rutenberg Realty FTL License #3057120 Listed on: 10/20/2024

Charles Rutenberg Realty FTL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,346

Year Built

  • Built in 1958

Lot Details

  • 7,492

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,136 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Rent includes sewer, trash collection, water
  • Assessor Parcel Number 494213040770
  • Seller Considering Concessions

Community Details

Overview

  • 2 Units
  • Coral Ridge Add A 41 30 B Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,346

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Please use GPS.
  • Year Built: 1958
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 2136.0
  • Window Features: Blinds

Exterior Features

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

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available

Condo/Co-op/Association

  • HOA Rent Includes: Sewer, Trash Collection, Water
  • Community Features: Non-Gated, Laundry Facilities

Lot Info

  • Parcel #: 494213040770
  • Zoning Description: RD-15

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10346.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2024
Closed on
Dec 6, 2024
Sold by
Schroeder Carl E
Bought by
Balestra Pompei
Seller's Agent
Michael McClure
Charles Rutenberg Realty FTL
Buyer's Agent
Tara Quailey
Douglas Elliman
List Price
$650,000
Sold Price
$590,000
Premium/Discount to List
-$60,000
-9.23%
Total Days on Market
27
Views
4
Current Estimated Value
$598,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,159
Avg. Annual Appreciation
38.76%

Purchase Details

Closed on
May 3, 2005
Sold by
Brown Wendy
Bought by
Schroeder Carl E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,000
Interest Rate
1.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 27, 1996
Sold by
Stainkamp Francis R and Stainkamp Irene
Bought by
Brown Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
7.85%
Mortgage Type
Commercial

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
Balestra Pompei $590,000 None Listed On Document
Balestra Pompei $590,000 None Listed On Document
Schroeder Carl E $383,000 --
Brown Wendy $144,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schroeder Carl E $283,000
Previous Owner Brown Wendy $178,000
Previous Owner Brown Wendy $113,000
Previous Owner Brown Wendy $81,000
Previous Owner Brown Wendy $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2024 12/06/24 Sold $590,000 -9.2% $276 / Sq Ft
11/16/2024 11/16/24 Pending -- -- --
10/20/2024 10/20/24 For Sale $650,000 -- $304 / 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 $10,744 $524,980 $74,980 $450,000
2024 $10,346 $509,980 $59,980 $450,000
2023 $10,346 $465,910 $0 $0
2022 $9,272 $423,560 $0 $0
2021 $8,690 $385,060 $0 $0
2020 $7,818 $386,760 $59,980 $326,780
2019 $6,696 $341,880 $59,980 $281,900
2018 $6,435 $394,000 $59,980 $334,020
2017 $5,918 $263,010 $0 $0
2016 $5,497 $239,100 $0 $0
2015 $4,926 $217,370 $0 $0
2014 $4,577 $197,610 $0 $0
2013 -- $197,380 $59,980 $137,400
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Michael McClure

    Charles Rutenberg Realty FTL

    (954) 873-9976

    1 in this area

    44 Total Sales

    Michael McClure
    Section Image
  • Tara Quailey

    Buyer's Agent in 2024

    Tara Quailey

    Douglas Elliman

    (954) 260-0076

    1 in this area

    81 Total Sales

    Tara Quailey
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10467873

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-13-04-0770

Florida Broward County Fort Lauderdale 33308 Knoll Ridge

2031 NE 51st Ct, Fort Lauderdale, FL

Homes for Sale in Fort Lauderdale, FL

This home is located at 2031 NE 51st Ct, Fort Lauderdale, FL 33308 since 20 October 2024 and is currently estimated at $598,159, approximately $280 per square foot. This property was built in 1958. 2031 NE 51st Ct is a home located in Broward County with nearby schools including Floranada Elementary School, James S. Rickards Middle School, and Northeast High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.