NOT LISTED FOR SALE

16705 Stratford Ct Southwest Ranches, FL 33331

Estimated Value: $1,657,492 - $2,362,000

2.38 Acres
$820,657 Price per Acre
103,673 Sq Ft Lot

Last Sold February 24, 2021

Last sale price $1,125,000

Est. 74% increase in value since last sale

Current estimated payment $12,781/month

256 Days on Market

Highlights

  • Gated Community
  • 2.38 Acre Lot
  • Paved or Partially Paved Lot
  • Hawkes Bluff Elementary School Rated A-
  • Cul-De-Sac

About This Lot

As of February 2021

In Southwest Ranches exclusive gated community of Landmark Ranch Estates, the last opportunity to buy the lone remaining privately owned cul-de-sac lot (Lot #5). The 2.38 acre parcel is on coveted Stratford Court and sits across from three 10,000+sf mansions, each boasting opulent and aesthetically pleasing facades that make this street truly magnificent. Lot #5 sits at the end of this quiet cul-de-sac, assuring immense privacy and an opportunity to build whatever you can dream up. Plans in the works for latest buyer have been delayed during the pandemic and owner now wishes to test the market for other buyers interested in such a desirable location. By appointment only.

Last Agent to Sell the Property

Jason Kapit

Keller Williams Realty Profess License #631254 Listed on: 05/13/2020

Keller Williams Realty Profess

Co-Listed By

Adam Kapit

Keller Williams Realty Profess License #3288716

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,202

Lot Details

  • 2.38 Acre Lot
  • Cul-De-Sac
  • South Facing Home
  • Paved or Partially Paved Lot
  • Site Plan Filed
  • Property is zoned RE

Utilities

  • Underground Utilities
  • Septic Tank
  • Cable TV Available

Community Details

  • Landmark Ranch Estates Subdivision
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 504032160050

Property Details

Property Type

Land

Est. Annual Taxes

$15,202

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Residential
  • Property Sub Type Additional: Residential
  • Directions: Google maps
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: 2-3 Acres, Cul-De-Sac
  • Road Surface Type: Paved
  • Waterfront: No
  • Direction Faces: South

Utilities

  • Sewer: Septic Tank
  • Utilities: Cable Available, Electricity Available, Trash Collection, Underground Utilities, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated
  • Association #2 Fee: 1836.0

Lot Info

  • Parcel #: 504032160050
  • Development Status: Site Plan Filed
  • Lot Size Acres: 2.38
  • Lot Size Sq Ft: 103673.0
  • Number Of Lots: 1
  • Zoning Description: RE
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 15202.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2020
Closed on
Feb 24, 2021
Sold by
Quinn Robert and Quinn Christina
Bought by
Malik Waqas and Arifa Waqas Revocable Trust
Seller's Agent
Jason Kapit
Keller Williams Realty Profess
List Price
$1,250,000
Sold Price
$1,125,000
Premium/Discount to List
-$125,000
-10%
Current Estimated Value
$1,953,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$828,164
Avg. Annual Appreciation
12.32%

Purchase Details

Listed on
Apr 3, 2018
Closed on
Apr 5, 2018
Sold by
Landmark Custon Ranches Inc
Bought by
Quian Robert and Quian Christina
Seller's Agent
Jason Kapit
Keller Williams Realty Profess
Buyer's Agent
Jason Kapit
Esslinger Wooten Maxwell Inc
List Price
$1,015,000
Sold Price
$1,015,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.62%

Purchase Details

Closed on
Mar 27, 2002
Sold by
Bianco Family Ltd
Bought by
Landmark Custom Ranches Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,657,260
Interest Rate
7.16%
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
Malik Waqas $1,125,000 Servicelink
Quian Robert $1,015,000 Trusted Title
Landmark Custom Ranches Inc $4,875,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Landmark Custom Ranches Inc $5,000,000
Previous Owner Landmark Custom Ranches Inc $9,657,260
Closed Landmark Custom Ranches Inc $2,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2021 02/24/21 Sold $1,125,000 -10.0% --
01/25/2021 01/25/21 Pending -- -- --
05/13/2020 05/13/20 For Sale $1,250,000 +23.2% --
04/05/2018 04/05/18 Sold $1,015,000 0.0% --
04/03/2018 04/03/18 For Sale $1,015,000 -- --
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 $26,657 $1,570,610 -- --
2024 $22,316 $1,570,610 -- --
2023 $22,316 $1,298,030 $1,298,030 $0
2022 $20,940 $1,246,100 $1,246,100 $0
2021 $15,465 $882,660 $882,660 $0
2020 $14,631 $829,380 $829,380 $0
2019 $15,202 $829,380 $829,380 $0
2018 $1,261 $81,560 $81,560 $0
2017 $1,233 $54,330 $0 $0
2016 $1,218 $54,330 $0 $0
2015 $1,223 $54,330 $0 $0
2014 $1,165 $50,070 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10225546

BeachesMLS (Greater Fort Lauderdale)

APN: 50-40-32-16-0050