NOT LISTED FOR SALE

Estimated Value: $865,000 - $1,036,000

5 Beds
3 Baths
3,706 Sq Ft
$257/Sq Ft Est. Value

Last Sold July 05, 2017

Last sale price $475,000 $128 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $5,807/month

66 Days on Market

Highlights

  • Lake Front
  • Sitting Area In Primary Bedroom
  • Clubhouse
  • Everglades High School Rated A-
  • Gated Community
  • Vaulted Ceiling

About This Home

As of July 2017

Magnificent 5 bedroom 3 bath, 3 car garage, lakefront beauty in prestigious Monarch Lakes community! This home has everything...vaulted ceilings, beautiful spiral staircase, formal dining room, huge upstairs loft/living area and accordian shutters! Relax and eat from the fruit trees while sitting by the tranquil lake. Gated community/ Portofino North. Look no further! Home is priced to sell and just waiting for it's new owner! Contact us today for a showing!

Last Agent to Sell the Property

Meredith Patterson

MMLS Assoc.-Inactive Member License #3311697 Listed on: 03/19/2017

MMLS Assoc.-Inactive Member

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,847

Year Built

  • Built in 2003

Lot Details

  • 9,152 Sq Ft Lot
  • 70 Ft Wide Lot
  • Lake Front
  • East Facing Home
  • Property is zoned RS-4

HOA Fees

  • $136 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Paver Block
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,706 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Formal Dining Room
  • Loft
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer
  • Laundry Tub

Outdoor Features

  • Patio
  • Porch

Schools

  • Coconut Palm Elementary School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 514023070200

Community Details

Overview

  • Pod 2 At Monarch Lakes Subdivision
  • Mandatory home owners association

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,847

Year Built

Built in 2003

Lot Details

0

HOA Fees

$136 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Co List Office Mls Id: ROBR01
  • Co List Office Phone: 305-405-0615
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: POD 2 AT MONARCH LAKES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Laundry Tub, Pantry, Roman Tub, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Family Room, Loft, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 3706
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Hurricane Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Primary Bedroom, Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Family Room, Loft, Utility Room/Laundry
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • Roof: Barrel Roof
  • View: Lake
  • Exterior Features: Fruit Trees
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/No Ocean Access, Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: POD 2 AT MONARCH LAKES
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Utility Room/Laundry
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association Fee: 136
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Gated, Clubhouse, Mandatory Hoa, Pool
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Coconut Palm

Lot Info

  • Parcel Number: 514023070200
  • Lot Size Sq Ft: 9152
  • Zoning: RS-4
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5847

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2017
Closed on
Jun 28, 2017
Sold by
Malhotra Avensash and Malhotra Rita
Bought by
Ugalde Danny and Ugalde Marlene D
Seller's Agent
Meredith Patterson
MMLS Assoc.-Inactive Member
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$510,000
Sold Price
$475,000
Premium/Discount to List
-$35,000
-6.86%
Current Estimated Value
$950,627

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$475,627
Avg. Annual Appreciation
8.62%
Original Mortgage
$424,100
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 19, 2017
Closed on
Jun 1, 2017
Bought by
Ugalde Danny
Seller's Agent
Meredith Patterson
MMLS Assoc.-Inactive Member
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$510,000
Sold Price
$475,000
Premium/Discount to List
-$35,000
-6.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2015
Sold by
Malhotra Avinash C and Malhotra Rita
Bought by
Malhotra Avinash C and Malhotra Rita

Purchase Details

Closed on
Sep 17, 2002
Sold by
Prime Homes At Portofino North Ltd
Bought by
Malhotra Avinish C and Malhotra Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
6.27%

Purchase Details

Closed on
Feb 20, 2002
Sold by
Glassman Development Corp
Bought by
Prime Homes At Portofino North Ltd

Purchase Details

Closed on
Apr 19, 1999
Sold by
Suntrust Bank South Florida Na Tr
Bought by
Glassman Development Corp
Source: Public Records

Range of Values:

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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
Ugalde Danny -- Priority Title Inc
Ugalde Danny $475,000 --
Malhotra Avinash C $72,500 Attorney
Malhotra Avinish C $325,700 --
Prime Homes At Portofino North Ltd $1,236,000 --
Glassman Development Corp $1,335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ugalde Danny $410,617
Closed Ugalde Danny $424,100
Previous Owner Malhotra Deepak $75,000
Previous Owner Malhotra Deepak $60,000
Previous Owner Malhotra Avinish C $309,600
Previous Owner Malhotra Avinish C $293,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2017 07/05/17 Sold $475,000 -4.8% $128 / Sq Ft
05/25/2017 05/25/17 Pending -- -- --
05/04/2017 05/04/17 Price Changed $499,000 -2.2% $135 / Sq Ft
03/19/2017 03/19/17 For Sale $510,000 -- $138 / 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 $7,269 $383,280 -- --
2024 $7,096 $372,480 -- --
2023 $7,096 $361,640 $0 $0
2022 $6,650 $351,110 $0 $0
2021 $6,523 $339,570 $0 $0
2020 $6,452 $334,890 $0 $0
2019 $6,376 $327,370 $0 $0
2018 $6,142 $321,270 $0 $0
2017 $5,868 $311,230 $0 $0
2016 $5,847 $304,830 $0 $0
2015 $5,885 $302,720 $0 $0
2014 $5,843 $300,320 $0 $0
2013 -- $303,540 $73,220 $230,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10243883

MIAMI REALTORS® MLS

APN: 51-40-23-07-0200