NOT LISTED FOR SALE

1240 SW 86th Ave Pembroke Pines, FL 33025

Lakeside South Neighborhood

Estimated Value: $501,000 - $528,000

3 Beds
2 Baths
1,386 Sq Ft
$368/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $525,000 $379 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,082/month

49 Days on Market

Highlights

  • Lake Front
  • Community Pool
  • 1 Car Attached Garage
  • Great Room
  • Tennis Courts
  • Patio

About This Home

As of June 2024

Welcome to Your Lakeside Sanctuary at Cinnamon Place! Nestled within the serene non-gated community of Cinnamon Place, this cute 3-bedroom, 2-bathroom lake view home is a waiting to be discovered. Crafted with love and well maintained by its owners, this haven embodies comfort, elegance, and the tranquil Florida lifestyle you've been dreaming of.With its open-concept design and abundant natural light through the Hurricane Impact Windows (installed 2023), every corner of this home exudes warmth and hospitality. With added upgrades of a 2023 AC, and Tankless Water Heater installed in 2022.

Last Agent to Sell the Property

Joni Lue Yat

Luxe IQ Group License #3225518 Listed on: 03/25/2024

Luxe IQ Group

Co-Listed By

Dennis Lue Yat

Luxe IQ Group License #3301099

Last Buyer's Agent

Kelvin Lopez

LPT Realty, LLC License #3445709

LPT Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,902

Year Built

  • Built in 1987

Lot Details

  • 6,372 Sq Ft Lot
  • Lake Front
  • Sprinkler System
  • Property is zoned (R-1Z)

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,386 Sq Ft Home
  • 1-Story Property
  • French Doors
  • Great Room
  • Combination Kitchen and Dining Room
  • Lake Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 514121160010

Community Details

Overview

  • Association fees include common areas, pool(s), recreation facilities
  • Cinnamon Place II Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,902

Year Built

Built in 1987

Lot Details

0

HOA Fees

$125 per month

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: West on Pembroke Road from University Drive. North on SW 86th Ave. Make Right on on Sw 14th Ct, which turns back into SW 86th Have. Home will be on Left.
  • Year Built: 1987
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: French Door(s)/Atrium Door(s), Kitchen/Dining Combo
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Laminate, Tile
  • Living Area: 1386.0
  • Dining Room Type: Great Room
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • View: Lake
  • Lot Features: Sprinklers Automatic, Sprinkler System, < 1/4 Acre
  • Pool Features: None, Association, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 125.0
  • Community Features: Non-Gated, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Other, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Pool(s), Recreation Facilities

Lot Info

  • Parcel #: 514121160010
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 6372.0
  • Zoning Description: (R-1Z)

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2902.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
May 29, 2024
Sold by
Matalon Simon D and Matalon Jennifer
Bought by
Bonilla Nicole Mercedes Sco and Scott Randolph
Seller's Agent
Joni Lue Yat
Luxe IQ Group
Buyer's Agent
Kelvin Lopez
LPT Realty, LLC
List Price
$525,000
Sold Price
$525,000
Views
34
Current Estimated Value
$510,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,622
Avg. Annual Appreciation
-2.07%
Original Mortgage
$454,059
Outstanding Balance
$448,429
Interest Rate
7.17%
Mortgage Type
FHA
Estimated Equity
$61,949

Purchase Details

Closed on
Jan 30, 2002
Sold by
Abaunza Ricardo and Abaunza Deborah
Bought by
Matalon Simon D and Matalon Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
6.85%

Purchase Details

Closed on
Jul 1, 1987
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
Bonilla Nicole Mercedes Sco $525,000 Coastal Title
Matalon Simon D $144,000 --
Available Not $72,050 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bonilla Nicole Mercedes Sco $454,059
Previous Owner Matalon Simon D $136,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2024 06/03/24 Sold $525,000 0.0% $379 / Sq Ft
04/15/2024 04/15/24 For Sale $525,000 -- $379 / Sq Ft
Source: BeachesMLS

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 $3,015 $436,430 $44,600 $391,830
2024 $2,902 $436,430 $44,600 $391,830
2023 $2,902 $171,870 $0 $0
2022 $2,723 $166,870 $0 $0
2021 $2,647 $162,010 $0 $0
2020 $2,616 $159,780 $0 $0
2019 $2,552 $156,190 $0 $0
2018 $2,447 $153,280 $0 $0
2017 $2,411 $150,130 $0 $0
2016 -- $147,050 $0 $0
2015 -- $146,030 $0 $0
2014 -- $144,880 $0 $0
2013 $24 $144,560 $44,600 $99,960
Source: Public Records

Agents Affiliated with this Home

  • Joni Lue Yat

    Seller's Agent in 2024

    Joni Lue Yat

    Luxe IQ Group

    (305) 308-9295

    2 in this area

    65 Total Sales

    Joni Lue Yat
    Section Image
  • Dennis Lue Yat

    Seller Co-Listing Agent in 2024

    Dennis Lue Yat

    Luxe IQ Group

    (561) 571-1425

    2 in this area

    50 Total Sales

    Dennis Lue Yat
    Section Image

  • K

    Buyer's Agent in 2024

    Kelvin Lopez

    LPT Realty, LLC

    (888) 883-8509

    1 in this area

    3 Total Sales

    Kelvin Lopez
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10971743

BeachesMLS

APN: 51-41-21-16-0010

Florida Broward County Pembroke Pines 33025 Lakeside South

1240 SW 86th Ave, Pembroke Pines, FL

This home is located at 1240 SW 86th Ave, Pembroke Pines, FL 33025 since 25 March 2024 and is currently estimated at $510,378, approximately $368 per square foot. This property was built in 1987. 1240 SW 86th Ave is a home located in Broward County with nearby schools including Pembroke Pines Elementary School, Pines Middle School, and McArthur 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 IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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