NOT LISTED FOR SALE

1225 NW 122nd Terrace Unit n/a Pembroke Pines, FL 33026

Pembroke Lakes Neighborhood

Estimated Value: $383,000 - $417,000

2 Beds
2 Baths
1,046 Sq Ft
$381/Sq Ft Est. Value

Last Sold December 22, 2020

Last sale price $267,000 $255 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $2,832/month

34 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Clubhouse
  • Pembroke Lakes Elementary School Rated A
  • Gated Community
  • Vaulted Ceiling

About This Home

As of December 2020

WATER, WATER, WATER THIS END-UNIT VILLA IN FLAMINGO VILLAS BOASTS 2 BR, 2 BA, OPEN FLOOR PLAN WITH VAULTED CEILINGS, WIDE LAKE VIEWS, AND 2 DEDICATED PARKING SPACES RIGHT IN FRONT OF YOUR SHADED FRONT DOOR. FEEL THE AMAZING CROSS BREEZE AND ENJOY RARE DEEP WATER VIEWS OF THIS STUNNING ENORMOUS LAKE. BEAUTIFUL PATIO/COURTYARD IN REAR AND IN FRONT OF HOME. END UNIT AND PRIVATE. NEW MASTER BR CARPET, NEWER REFRIGERATOR AND WASHER/DRYER, NEW INTERIOR, EXTERIOR AND CLOSET DOORS. GATED COMMUNITY WITH ALL OF THE AMENITIES: POOLS, TENNIS COURTS, GYM, RECREATION AND GREEN AREAS, DOG FRIENDLY, 24 HOUR SECURITY, LOCATION IS EVERYTHING NEXT TO PEMBROKE LAKES MALL, CB SMITH PARK, AND MEMORIAL WEST HOSPITAL.
$15,000 ALLOWANCE CREDITED AT CLOSING FOR UPDATES TO KITCHEN/BATHS!

Last Agent to Sell the Property

Erwin Adler

Realty Home Advisors Inc License #3418932 Listed on: 10/18/2020

Realty Home Advisors Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,562

Year Built

  • Built in 1984

Lot Details

  • Lake Front
  • West Facing Home

HOA Fees

  • $145 Monthly HOA Fees

Home Design

  • Villa
  • Property Attached

Interior Spaces

  • 1,046 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Great Room
  • Family Room
  • Open Floorplan
  • Screened Porch
  • Utility Room
  • Lake Views
  • Hurricane or Storm Shutters

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • Over 1 Space Per Unit

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 514012080061

Community Details

Overview

  • Association fees include common areas, ground maintenance, parking, recreation facilities, security, trash
  • Flamingo Villas Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Phone Entry
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,562

Year Built

Built in 1984

Lot Details

0

HOA Fees

$145 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: Intersection of Flamingo Road and Johnson Street - Northeast Corner. At Guard Gate please ask for Joseph King and provide ID
  • Year Built: 1984
  • Carport Y N: Yes
  • Entry Level: 1
  • Unit Levels: One
  • Property Attached Yn: Yes
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Bedroom on Main Level, Entrance Foyer, Family/Dining Room, First Floor Entry, Living/Dining Room, Main Level Master, Main Living Area Entry Level, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Laminate, Tile
  • Living Area: 1046.0
  • Dining Room Type: Family Room, Great Room, Laundry, Storage Room, Utility Room
  • Stories: 1

Exterior Features

  • Exterior Features: Enclosed Porch, Patio, Storm/Security Shutters
  • View: Lake, Water
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Lake Front, Lake Privileges, Other
  • Waterfront: Yes
  • Construction Type: Stucco
  • Direction Faces: West
  • Patio And Porch Features: Patio, Porch, Screened
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Carport Spaces: 2.0
  • Garage Yn: No
  • Parking Features: Two or More Spaces

Utilities

  • Security: Phone Entry, Security Guard
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 145.0
  • Community Features: Gated
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Breed Restrictions, Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Parking, Recreation Facilities, Security, Trash

Lot Info

  • Parcel #: 514012080061

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1562.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2020
Closed on
Dec 10, 2020
Sold by
King Joseph Lee
Bought by
Balbas Maria Gabriela Bolivar and Ocando Jose Albornoz
Seller's Agent
Erwin Adler
Realty Home Advisors Inc
List Price
$299,900
Sold Price
$267,000
Premium/Discount to List
-$32,900
-10.97%
Current Estimated Value
$399,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,921
Avg. Annual Appreciation
8.73%
Original Mortgage
$253,650
Outstanding Balance
$229,794
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$163,646

Purchase Details

Closed on
Nov 19, 2008
Sold by
Johnston Craig A and Johnston Lynda M
Bought by
King Joseph Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,745
Interest Rate
5.89%
Mortgage Type
VA

Purchase Details

Closed on
Nov 18, 2002
Sold by
Edwards Grace E and Edwards Ethel P
Bought by
Johnston Craig A and Johnston Lynda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
6.3%

Purchase Details

Closed on
Nov 1, 1992
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
Balbas Maria Gabriela Bolivar $267,000 Attorney
King Joseph Lee $170,000 Town & Country Title Guarant
Johnston Craig A $115,000 --
Available Not $84,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balbas Maria Gabriela Bolivar $253,650
Previous Owner King Joseph L $86,430
Previous Owner King Joseph Lee $88,745
Previous Owner Johnston Craig A $109,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2020 12/22/20 Sold $267,000 -11.0% $255 / Sq Ft
11/22/2020 11/22/20 Pending -- -- --
10/18/2020 10/18/20 For Sale $299,900 -- $287 / 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 $5,968 $271,060 -- --
2024 $5,822 $263,430 -- --
2023 $5,822 $255,760 $0 $0
2022 $4,244 $248,320 $0 $0
2021 $4,157 $241,090 $27,530 $213,560
2020 $1,618 $107,750 $0 $0
2019 $1,562 $105,330 $0 $0
2018 $1,490 $103,370 $0 $0
2017 $1,463 $101,250 $0 $0
2016 $1,440 $99,170 $0 $0
2015 $1,456 $98,490 $0 $0
2014 $1,445 $97,710 $0 $0
2013 -- $104,950 $27,530 $77,420
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10254535

BeachesMLS (Greater Fort Lauderdale)

APN: 51-40-12-08-0061