NOT LISTED FOR SALE

1226 SW 118th Terrace Unit 1226 Davie, FL 33325

Rexmere Village Neighborhood

Estimated Value: $433,000 - $466,000

3 Beds
2.5 Baths
1,654 Sq Ft
$275/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $380,000 $230 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,458/month

12 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Complete Accordion Shutters
  • Fox Trail Elementary School Rated A-
  • Community Pool
  • Porch

About This Home

As of November 2021

****THIS IS A MUST-SEE****TRUE PRIDE OF OWNERSHIP on display in this lovely 3 bedroom 2 &1/2 bath home located in the sought after well-maintained community of Village at Lake Pine with low HOA dues & Davie's excellent school district ~UPDATED KITCHEN w/coffee bean cabinets, QUARTZ COUNTERS & S/S APPLIANCES~Matching SHINY RECTIFIED TILE downstairs & quality wood laminate in both bedrooms upstairs~All THREE BATHROOMS HAVE BEEN TASTEFULLY UPDATED while the master bath features DUAL SINKS & RIMLESS SHOWER ENCLOSURE~One of the three bedrooms & a half bath downstairs~NEWER AC IN 2018~Large private patio for entertaining~Newer modern washer/dryer~2 parking spots + guest~Pet friendly community~Community Pool & Child Playground~Conveniently located near I595 for easy travel~DON'T MISS THE VIDEO

Last Agent to Sell the Property

Linda Cowen

MMLS Assoc.-Inactive Member License #651987 Listed on: 09/15/2021

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Laurie Reader

Keller Williams Dedicated Professionals License #0652792

Keller Williams Dedicated Professionals

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,465

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • West Facing Home
  • Fenced

HOA Fees

  • $243 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,654 Sq Ft Home
  • Property has 2 Levels
  • Vertical Blinds
  • Drapes & Rods
  • Combination Kitchen and Dining Room

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Dual Sinks
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Parking Spaces
  • Guest Parking

Outdoor Features

  • Patio
  • Porch

Schools

  • Fox Trail Elementary School
  • Indian Ridge Middle School
  • Western High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 504012381360

Community Details

Overview

  • 4 Units
  • Village At Lake Pine Condos
  • C H E Acres,Village At Lake Pine Subdivision
  • The community has rules related to no recreational vehicles or boats

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Complete Accordion Shutters

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,465

Year Built

Built in 1985 | Remodeled

Lot Details

0

HOA Fees

$243 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1985
  • Property Sub Type: Townhouse
  • Architectural Style: Corner Unit
  • Directions: From Flamingo Road turn East on State Rd 84~Make your first right at SW 121st Ave.~Go almost to the end of 121st and make a left at SW 12th Court~Make an immediate right at 120th Way~Follow the road around looking for 1226 on the right.
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • Unit Levels: 2
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse Fee Simple, Townhouse
  • Subdivision Name: C H E ACRES,Village at Lake Pine
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 1654
  • Possible Use: Unknown/Withheld
  • Stories: 1
  • Window Features: Complete Accordian Shutters, Hurricane Shutters, Drapes, Verticals
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Upstairs, Master Bath Shower
  • Dining Room Features: Eat-In Kitchen, Kitchen Dining
  • Master Bathroom Features: Dual Sinks, Shower Only

Exterior Features

  • View: None
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Village at Lake Pine
  • Parking Features: 2 Or More Spaces, Guest, No Rv/Boats

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: No Security

Condo/Co-op/Association

  • Association Fee: 243
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Fox Trail
  • High School: Western
  • Middle Or Junior School: Indian Ridge

Lot Info

  • Parcel Number: 504012381360
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 243
  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4465

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2021
Closed on
Nov 15, 2021
Sold by
Movila Alexandru and Movila Anna
Bought by
Johnson Scott A and Johnson Jennifer L
Seller's Agent
Linda Cowen
MMLS Assoc.-Inactive Member
Buyer's Agent
Laurie Reader
Keller Williams Dedicated Professionals
List Price
$369,900
Sold Price
$380,000
Premium/Discount to List
$10,100
2.73%
Total Days on Market
12
Current Estimated Value
$454,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,418
Avg. Annual Appreciation
5.15%
Original Mortgage
$114,000
Outstanding Balance
$105,681
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$348,737

Purchase Details

Closed on
Jan 23, 2019
Sold by
Poerio Denise and Lapointe Joyce
Bought by
Movila Alexandru and Movila Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,388
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 2016
Sold by
South Florida Capital Group Inc
Bought by
Lapointe Denise and Lapointe Joyce

Purchase Details

Listed on
Oct 2, 2015
Closed on
Mar 1, 2016
Bought by
Lapointe Denise H and Lapointe E
Seller's Agent
James Goetz
Bayside REO
Buyer's Agent
Bayside REO
List Price
$185,200
Sold Price
$152,500
Premium/Discount to List
-$32,700
-17.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.60%
Original Mortgage
$3,000,000
Interest Rate
3.68%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jan 12, 2015
Sold by
Lopez Martha and Ramirez Ricardo
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 25, 2008
Sold by
Nc Real Estate Solutions Inc
Bought by
Lopez Martha and Ramirez Ricardo

Purchase Details

Closed on
Aug 30, 2006
Sold by
Soto Martha Lopez
Bought by
Nc Real Estate Solution Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,000
Interest Rate
7.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 30, 2005
Sold by
Arango Paula
Bought by
Soto Martha Lopez

Purchase Details

Closed on
Apr 20, 2005
Sold by
Mesecher Boyd
Bought by
Arango Paola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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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
Johnson Scott A $380,000 Nu World Ttl Of South Fl Llc
Movila Alexandru $277,300 Attorney
Lapointe Denise $245,000 None Available
Lapointe Denise H $152,500 --
Wells Fargo Bank Na $102,200 None Available
Lopez Martha -- None Available
Nc Real Estate Solution Inc -- None Available
Soto Martha Lopez -- None Available
Arango Paola $210,000 Esquire Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Scott A $114,000
Previous Owner Movila Alexandru $268,250
Previous Owner Movila Alexandru $263,388
Previous Owner South Florida Capital Florida Group Inc $3,000,000
Previous Owner Lopez Martha $219,000
Previous Owner Arango Paola $168,000
Closed Arango Paola $42,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $380,000 +2.7% $230 / Sq Ft
09/27/2021 09/27/21 Pending -- -- --
09/15/2021 09/15/21 For Sale $369,900 +142.6% $224 / Sq Ft
03/31/2016 03/31/16 Sold $152,500 -17.7% $92 / Sq Ft
03/01/2016 03/01/16 Pending -- -- --
10/02/2015 10/02/15 For Sale $185,200 -- $112 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $8,087 $369,490 $30,800 $338,690
2024 $7,656 $369,490 $30,800 $338,690
2023 $7,656 $344,480 $30,800 $313,680
2022 $7,369 $342,260 $20,540 $321,720
2021 $4,486 $241,050 $0 $0
2020 $4,465 $237,730 $20,540 $217,190
2019 $3,702 $203,170 $0 $0
2018 $3,577 $199,390 $0 $0
2017 $3,503 $195,290 $0 $0
2016 $4,019 $176,530 $0 $0
2015 $3,477 $137,010 $0 $0
2014 $3,223 $124,560 $0 $0
2013 -- $113,240 $27,380 $85,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11098792

MIAMI REALTORS® MLS

APN: 50-40-12-38-1360