NOT LISTED FOR SALE

12850 SW 31st Ct Unit 102 Miramar, FL 33027

Monarch Lakes Neighborhood

Estimated Value: $396,000 - $414,000

3 Beds
3 Baths
1,270 Sq Ft
$320/Sq Ft Est. Value

Last Sold December 20, 2017

Last sale price $240,000 $189 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $2,801/month

Highlights

  • Fitness Center
  • Clubhouse
  • Community Pool
  • Everglades High School Rated A-
  • No HOA
  • Handball Court

About This Home

As of June 2024

LOOK NO FUTHER, BRADN EVERYTHING! Seriously the perfect landlord, that takes pride in ownership. Step inside this tastefully renovated property. 3 beds and 3 full baths, with 1 bed 1 bath located downstairs that can be used as a guest room, or office, offers flexibility. Kitchen cabinets, appliances, and countertops are all brand new. Community of Melrose Point at Monarch Lakes. Come see all the amenities they have to offer. Lakefront location Gated community Cable and internet included. Excellent location almost perfectly between Broward and Miami-Dade County. Property is vacant and easy to show! schedule your appointment today, this property will not last!

Last Agent to Rent the Property

Michael Valencia

Lamacchia Realty, Inc. License #3337780 Listed on: 05/07/2024

Lamacchia Realty, Inc.

Last Renter's Agent

Michael Valencia

Lamacchia Realty, Inc. License #3337780 Listed on: 05/07/2024

Lamacchia Realty, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,064

Year Built

  • Built in 2004

Lot Details

  • 697

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,270 Sq Ft Home
  • 2-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • Secure Parking

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 6/1/24
  • 1 Year With Renewal Option,More Than 1 Year Lease Term
  • Assessor Parcel Number 514026AA0680

Community Details

Overview

  • No Home Owners Association
  • Melrose Point Condo
  • Melrose Point Condo Subdivision

Recreation

  • Handball Court
  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Additional Features

  • Clubhouse
  • Walled

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,064

Year Built

Built in 2004

Lot Details

0

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions
  • Available Date: 2024-06-01
  • Lease Term: 1 Year With Renewal Option,More Than 1 Year

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2004
  • Property Sub Type: Townhouse
  • Architectural Style: First Floor Entry
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Condo/Co-Op/Annual, Townhouse
  • Subdivision Name: MELROSE POINT CONDO
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Furnished: Unfurnished
  • Living Area: 1270
  • Stories: 2

Exterior Features

  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MELROSE POINT CONDO
  • Parking Features: Guest

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Key/Card Entry Parking, Walled

Condo/Co-op/Association

  • Amenities: Clubhouse, Community Pool, Exercise Room, Handball/Basketball
  • Association: No
  • Community Features: Additional Amenities, Pool, Exercise Room

Lot Info

  • Parcel Number: 514026AA0680
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: RM2
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2017
Closed on
Dec 20, 2017
Sold by
Dandiya Mohammed Arif and Dandiya Nasreen
Bought by
Kim Tae Kwan and Park Soon Yee
Seller's Agent
Jesus Cardenas
The Cardenas Group Realty
Buyer's Agent
Claudia Serna
Brokers, LLC
List Price
$244,900
Sold Price
$240,000
Premium/Discount to List
-$4,900
-2%
Current Estimated Value
$406,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,027
Avg. Annual Appreciation
7.41%
Original Mortgage
$130,000
Outstanding Balance
$110,918
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$303,972

Purchase Details

Closed on
Nov 20, 2008
Sold by
Wells Fargo Bank National Association
Bought by
Dandiya Mohammed A and Dandiya Nasreen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,900
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 12, 2008
Sold by
Jackson Marcia
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 1, 2005
Sold by
Kutty Matthew and Hutty Annamma
Bought by
Jackson Marcia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,600
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2004
Sold by
Tousa Homes Inc
Bought by
Kutty Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
12%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 21, 2004
Sold by
Gmac Model Home Finance Inc
Bought by
Tousa Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
12%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 28, 2004
Sold by
Gmac Model Home Finance Inc
Bought by
Tousa Homes Inc
Source: Public Records

Range of Values:

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Average Value
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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
Kim Tae Kwan $240,000 Seleo Title & Escrow Corp
Dandiya Mohammed A $139,900 Landsafe Title
Wells Fargo Bank Na -- Attorney
Jackson Marcia $268,000 --
Kutty Matthew $215,500 Universal Land Title Inc
Tousa Homes Inc -- --
Tousa Homes Inc $3,722,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Tae Kwan $130,000
Previous Owner Dandiya Mohammed A $109,475
Previous Owner Dandiya Mohammed A $111,900
Previous Owner Jackson Marcia $254,600
Previous Owner Kutty Matthew $172,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2024 06/18/24 Rented $3,000 0.0% --
05/08/2024 05/08/24 Under Contract -- -- --
05/07/2024 05/07/24 For Rent $3,000 0.0% --
12/20/2017 12/20/17 Sold $240,000 -2.0% $161 / Sq Ft
10/09/2017 10/09/17 For Sale $244,900 -- $164 / 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 $7,064 $339,770 -- --
2024 $6,521 $339,770 -- --
2023 $6,521 $280,810 $0 $0
2022 $5,755 $255,290 $0 $0
2021 $5,195 $232,090 $23,210 $208,880
2020 $5,154 $229,210 $22,920 $206,290
2019 $4,988 $218,270 $21,830 $196,440
2018 $4,796 $212,940 $21,290 $191,650
2017 $1,992 $117,500 $0 $0
2016 $1,976 $115,090 $0 $0
2015 $1,954 $114,290 $0 $0
2014 $1,905 $113,390 $0 $0
2013 -- $121,000 $12,100 $108,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11582505

MIAMI REALTORS® MLS

APN: 51-40-26-AA-0680