NOT LISTED FOR SALE

1940 SW 81st Way Unit 1940 Davie, FL 33324

Park City Neighborhood

Estimated Value: $308,672 - $364,000

2 Beds
2 Baths
1,060 Sq Ft
$320/Sq Ft Est. Value

Last Sold May 27, 2016

Last sale price $175,000 $165 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $2,429/month

7 Days on Market

Highlights

  • Vaulted Ceiling
  • Attic
  • Den
  • Garden View
  • Community Pool
  • Breakfast Area or Nook

About This Home

As of May 2016

Renovated villa offers a brand new roof, fresh paint, new kitchen, new appliances, new AC, fenced yard, and spacious layout. Pets ok. Extra living space upstairs which can be used as a small office. Property located in a great area close to Nova, shopping, and highways. First Time Buyers, can purchase as a HomePath Ready Buyer and request up to 3% closing cost assistance. Restrictions apply. This is a Homepath property

Last Agent to Sell the Property

Edgar Rhenals

Capital Realty SFL License #3222638 Listed on: 03/31/2016

Last Buyer's Agent

Claude Tant

Macken Realty, Inc. License #3213461

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $842

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • West Facing Home
  • Fenced

HOA Fees

  • $275 Monthly HOA Fees

Home Design

  • Villa
  • Property Attached
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,060 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Combination Dining and Living Room
  • Den
  • Garden Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • 2 Car Parking Spaces
  • Guest Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Patio
  • West of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 504116152730

Community Details

Overview

  • The Escape Arrowhead Condos
  • The Escape Arrowhead Subdivision

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$842

Year Built

Built in 1980 | Remodeled

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Villa
  • Architectural Style: Corner Unit
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Villa Fee Simple, Villa
  • Subdivision Name: The Escape Arrowhead
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Electric Range
  • Interior Amenities: First Floor Entry, Vaulted Ceiling(s), Attic, Den/Library/Office
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 1060
  • Possible Use: Primary
  • Stories: 1
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Attic, Den/Library/Office
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Garden View
  • Exterior Features: West Of Us1
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: The Escape Arrowhead
  • Parking Features: 1 Space, 2 Or More Spaces, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 275
  • Amenities: Exterior Lighting, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 504116152730
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 275

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 842

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2016
Closed on
May 25, 2016
Sold by
Fannie Mae
Bought by
Harrell Mark P and Harrell Karytza S
Seller's Agent
Edgar Rhenals
Capital Realty SFL
Buyer's Agent
Claude Tant
Macken Realty, Inc.
List Price
$159,900
Sold Price
$175,000
Premium/Discount to List
$15,100
9.44%
Current Estimated Value
$338,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,918
Avg. Annual Appreciation
7.37%
Original Mortgage
$171,830
Outstanding Balance
$138,684
Interest Rate
3.59%
Mortgage Type
FHA
Estimated Equity
$194,974

Purchase Details

Closed on
Jul 28, 2015
Sold by
Rodriguez Anthony and Perez Yolanda
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 14, 2001
Sold by
Rodriguez Manuela and Rodriguez Anthony
Bought by
Perez Yolanda M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,176
Interest Rate
6.49%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 1996
Sold by
Calvert Stephen R
Bought by
Yera Manuela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,600
Interest Rate
8.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1993
Sold by
Available Not
Bought by
Available Not
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
Harrell Mark P $175,000 Title Insurance Commitment
Federal National Mortgage Association $91,400 None Available
Perez Yolanda M $105,000 Cooperative Title & Escrow I
Yera Manuela $67,000 --
Available Not $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrell Mark P $171,830
Previous Owner Perez Yolanda $189,000
Previous Owner Perez Yolanda M $159,600
Previous Owner Perez Yolanda $2,240
Previous Owner Perez Yolanda M $21,445
Previous Owner Perez Yolanda $8,975
Previous Owner Perez Yolanda M $104,176
Previous Owner Yera Manuela $53,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2016 05/27/16 Sold $175,000 +9.4% $165 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $159,900 -- $151 / 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 $3,187 $188,560 -- --
2024 $3,059 $183,250 -- --
2023 $3,059 $177,920 $0 $0
2022 $2,816 $172,740 $0 $0
2021 $2,735 $167,710 $0 $0
2020 $2,687 $165,400 $0 $0
2019 $2,636 $161,690 $0 $0
2018 $2,550 $158,680 $22,140 $136,540
2017 $2,711 $166,250 $0 $0
2016 $2,765 $125,110 $0 $0
2015 $842 $69,850 $0 $0
2014 $853 $69,300 $0 $0
2013 -- $75,530 $20,660 $54,870
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10059263

MIAMI REALTORS® MLS

APN: 50-41-16-15-2730