NOT LISTED FOR SALE

2850 SW 131st Terrace Miramar, FL 33027

Monarch Lakes Neighborhood

Estimated Value: $775,000 - $978,000

4 Beds
3 Baths
2,862 Sq Ft
$294/Sq Ft Est. Value

Last Sold June 01, 2018

Last sale price $480,000 $168 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,400/month

29 Days on Market

Highlights

  • 147 Feet of Waterfront
  • Lake View
  • Sitting Room
  • Everglades High School Rated A-
  • Room in yard for a pool
  • Formal Dining Room

About This Home

As of June 2018

One story stunning waterfront home with 13 ft. high ceiling situated in a nice cul de sac with extended patio, fully fenced in on a 1/4 acre pie shaped lot. Beautiful front lawn landscape design. Brand new 5 ton Air central air condition and hot water heater. Remodeled bathrooms. Kitchen with island off large family room. Split floor plan. Extended master bedroom could be a sitting room overlooking beautiful lake. Bidet in master bathroom. Water sprinkler system is from lake. Built in custom bar with granite counter top in family room. Both backyard canopies stay. Home is just only steps away from community recreation center with pool, tot-lot and cabana. Gated community.

Last Agent to Sell the Property

Tini Hui

The Keyes Company License #0425403 Listed on: 04/02/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,009

Year Built

  • Built in 2002

Lot Details

  • 0.25 Acre Lot
  • 147 Feet of Waterfront
  • Lake Front
  • Northeast Facing Home
  • Property is zoned RS-6

HOA Fees

  • $125 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Property Views

  • Lake
  • Garden

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 2,862 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Family Room
  • Sitting Room
  • Formal Dining Room
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Pool

  • Room in yard for a pool

Schools

  • Coconut Palm Elementary School
  • New Renaissance Middle School
  • Everglades High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 514026060360

Community Details

Overview

  • Association fees include common area maintenance
  • Pod 7 At Monarch Lakes 16 Subdivision
  • Maintained Community

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,009

Year Built

Built in 2002

Lot Details

0

HOA Fees

$125 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 2002
  • Architectural Style: One Story
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Bidet, Bedroom on Main Level, Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, First Floor Entry, Main Level Master, Sitting Area in Master, Separate Shower, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Tile
  • Living Area: 2862.0
  • Dining Room Type: Family Room, Master Bedroom, Sitting Room
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Room For Pool
  • View: Garden, Lake
  • Road Frontage Type: Waterfront
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Features: None, Community
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Dock Access, Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: Northeast
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 125.0
  • Community Features: Maintained Community, Pool, Street Lights
  • Senior Community: No
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maintenance

Schools

  • Elementary School: Coconut Palm
  • High School: Everglades
  • Middle Or Junior School: New Renaissance

Lot Info

  • Parcel #: 514026060360
  • Lot Size Sq Ft: 11011.0
  • Zoning Description: RS-6
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6009.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2018
Closed on
Jun 1, 2018
Sold by
Ruiz Fernando A and Ruiz Deimalis
Bought by
Alvarez Jorge Jaime and Alvarez Maria Olga
Seller's Agent
Tini Hui
The Keyes Company
List Price
$485,000
Sold Price
$480,000
Premium/Discount to List
-$5,000
-1.03%
Current Estimated Value
$841,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,515
Avg. Annual Appreciation
8.16%
Original Mortgage
$371,200
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2004
Sold by
Perez Miguel
Bought by
Ruiz Fernando A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 14, 2003
Sold by
Biltmore Estates Inc
Bought by
Perez Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,800
Interest Rate
5.62%

Purchase Details

Closed on
Jun 7, 2001
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Jul 14, 2000
Sold by
Glassman Development Corp
Bought by
Ahc At Monarch Lakes-Pod 7 Inc

Purchase Details

Closed on
Jul 9, 1999
Sold by
Suntrust Bank South Florida Na Tr
Bought by
Glassman Development Corp
Source: Public Records

Range of Values:

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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
Alvarez Jorge Jaime $480,000 Nu World Title Llc
Ruiz Fernando A $407,000 --
Perez Miguel $318,000 --
Available Not $6,912,000 --
Ahc At Monarch Lakes-Pod 7 Inc $6,208,000 --
Glassman Development Corp $1,560,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Jorge Jaime $371,200
Previous Owner Ruiz Fernando A $316,000
Previous Owner Perez Miguel $236,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2018 06/01/18 Sold $480,000 -1.0% $168 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
04/02/2018 04/02/18 For Sale $485,000 -- $169 / Sq Ft
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 $9,750 $510,640 -- --
2024 $9,524 $496,250 -- --
2023 $9,524 $481,800 $0 $0
2022 $8,952 $467,770 $0 $0
2021 $8,829 $454,150 $0 $0
2020 $8,735 $447,880 $73,030 $374,850
2019 $8,957 $453,560 $73,030 $380,530
2018 $6,217 $325,000 $0 $0
2017 $6,009 $318,320 $0 $0
2016 $5,989 $311,780 $0 $0
2015 $6,028 $309,620 $0 $0
2014 $5,987 $307,170 $0 $0
2013 -- $332,370 $73,030 $259,340
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2018

    Tini Hui

    The Keyes Company

    (954) 315-6918

    50 Total Sales

    Tini Hui
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: H10444316

BeachesMLS (Greater Fort Lauderdale)

APN: 51-40-26-06-0360

Florida Broward County Miramar 33027 Monarch Lakes

2850 SW 131st Terrace, Miramar, FL

This home is located at 2850 SW 131st Terrace, Miramar, FL 33027 since 02 April 2018 and is currently estimated at $841,515, approximately $294 per square foot. This property was built in 2002. 2850 SW 131st Terrace is a home located in Broward County with nearby schools including Coconut Palm Elementary School, New Renaissance Middle School, and Everglades High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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