NOT LISTED FOR SALE

2550 SW 18th Terrace Unit 2207 Fort Lauderdale, FL 33315

River Oaks Neighborhood

Estimated Value: $222,259 - $248,000

2 Beds
2 Baths
858 Sq Ft
697 Sq Ft Lot

Last Sold January 07, 2022

Last sale price $188,000 $219 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,620/month

4 Days on Market

Highlights

  • Fitness Center
  • Vaulted Ceiling
  • Community Pool
  • Clubhouse
  • Garden View
  • Screened Balcony

About This Home

As of January 2022

MARINA OAKS community is located only minutes from downtown Ft Lauderdale, I-95, Turnpike and 595. Lots of amenities, swimming pool, tennis courts, & gym. Pet Friendly, Low HOA fees, and no waiting period to lease. 2 bedroom 2 bath unit with screened in balcony, open floor plan split layout, able to rent immediately.

Last Agent to Sell the Property

Julio Perez

The Keyes Company License #0681113 Listed on: 11/05/2021

The Keyes Company

Last Buyer's Agent

Mirta SUTTIN

MGS Brokers License #0707528

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,883

Year Built

  • Built in 1988

Lot Details

  • 697

Home Design

  • Garden Apartment
  • Cluster Home

Interior Spaces

  • 858 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Garden Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Guest Parking
  • Open Parking

Additional Features

  • Screened Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 504221AA2930

Community Details

Overview

  • Property has a Home Owners Association
  • Marina Oaks Condos
  • Marina Oaks Condo Subdivision

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Additional Features

  • Clubhouse
  • Maintenance Expense $291
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,883

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1988
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Garden Apartment, Patio/Cluster
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: MARINA OAKS CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Pantry, Split Bedroom, Vaulted Ceiling(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Vinyl
  • Furnished: Unfurnished
  • Living Area: 858
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: Entry Level

Exterior Features

  • View: Garden View
  • Exterior Features: Screened Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: MARINA OAKS
  • Open Parking: Yes
  • Parking Features: 1 Space, Guest, Open, Limited # Of Vehicle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Amenities: Clubhouse-Clubroom, Exercise Room, Child Play Area, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 504221AA2930
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 291

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2883

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2021
Closed on
Jan 12, 2022
Sold by
Soelsa Llc
Bought by
Northlands Llc
Seller's Agent
Julio Perez
The Keyes Company
Buyer's Agent
Mirta SUTTIN
MGS Brokers
List Price
$190,000
Sold Price
$188,000
Premium/Discount to List
-$2,000
-1.05%
Current Estimated Value
$234,315

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,315
Avg. Annual Appreciation
6.80%

Purchase Details

Closed on
Dec 14, 2009
Sold by
Diamante Group Llc
Bought by
Soelsa Llc

Purchase Details

Closed on
Nov 20, 2009
Sold by
Fannie Mae
Bought by
Diamante Group Llc

Purchase Details

Closed on
Aug 31, 2009
Sold by
Borbor Jannet
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 7, 2008
Sold by
Marina Oaks Llc
Bought by
Borbor Jannet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,500
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
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
Northlands Llc $188,000 New Title Company Name
Soelsa Llc $14,285 Attorney
Diamante Group Llc $52,000 Attorney
Federal National Mortgage Association -- Attorney
Borbor Jannet $279,900 Roman Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Borbor Jannet $223,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2022 01/07/22 Sold $188,000 -1.1% $219 / Sq Ft
11/10/2021 11/10/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $190,000 0.0% $221 / Sq Ft
08/01/2018 08/01/18 Rented $1,485 0.0% --
07/17/2018 07/17/18 Under Contract -- -- --
07/16/2018 07/16/18 For Rent $1,485 +14.2% --
02/04/2015 02/04/15 For Rent $1,300 +4.0% --
02/04/2015 02/04/15 Rented $1,250 -- --
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 $4,240 $206,720 $20,670 $186,050
2024 $3,896 $206,720 $20,670 $186,050
2023 $3,896 $181,580 $18,160 $163,420
2022 $3,206 $141,940 $0 $0
2021 $2,883 $129,040 $0 $0
2020 $2,746 $139,080 $13,910 $125,170
2019 $2,515 $139,510 $13,950 $125,560
2018 $2,219 $128,620 $12,860 $115,760
2017 $2,108 $88,150 $0 $0
2016 $2,023 $80,140 $0 $0
2015 $1,880 $72,860 $0 $0
2014 $1,752 $66,240 $0 $0
2013 -- $60,220 $6,020 $54,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11121530

MIAMI REALTORS® MLS

APN: 50-42-21-AA-2930