$262,500
SOLD SEP 27, 2024

2911 SW 87th Terrace Unit 1607 Davie, FL 33328

Arrowhead Neighborhood
2 Beds
2 Baths
1,100 Sq Ft
$545/mo HOA Fee

Recently Sold

$239 Per Sq Ft

25% Below List Price

169 Days on Market

Highlights

  • Waterfront
  • Canal Access
  • Screened Porch
  • Western High School Rated A-
  • Canal View
  • Community Pool

About This Home

As of September 2024

Davie best kept secret, spacious one level condo featuring a 2 bed/2 bath with large screened patio overlooking canal and gardens views. Freshly painted unit , step in to a large spacious kitchen with island and breakfast nook. Both bedrooms are spacious. Recently updated kitchen with white shaker cabinets and black granite counter tops. Master Bedroom feature walk in closet, larger vanity with plenty of counter space. Full size washer and dryer in laundry room are locatedin the unit. Excellent investment opportunity, ok to lease. Located in a quiet neighborhood in the heart of Davie, quick access to freeways, restaurants, shopping, Whole Foods, Costco, Nova University, Miami Dolphins training camp, airport and the new HCA Florida University Hospital, medical center of art.

Last Agent to Sell the Property

Diana Abdo

RE/MAX Consultants Realty 1 License #3105246 Listed on: 04/09/2024

RE/MAX Consultants Realty 1

Last Buyer's Agent

Diana Abdo

RE/MAX Consultants Realty 1 License #3105246 Listed on: 04/09/2024

RE/MAX Consultants Realty 1

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,271

Year Built

  • Built in 1981

HOA Fees

  • $545 Monthly HOA Fees

Interior Spaces

  • 1,100 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room
  • Screened Porch
  • Canal Views
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Canal Access
  • Balcony

Additional Features

  • Waterfront
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 504121BJ0070

Community Details

Overview

  • Association fees include amenities, trash
  • 183 Units
  • Harvest Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,271

Year Built

Built in 1981

Lot Details

0

HOA Fees

$545 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 1981
  • Carport Y N: No
  • Entry Level: 2
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Second Floor Entry, Living/Dining Room
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1100.0
  • Stories: 3

Exterior Features

  • Exterior Features: Balcony
  • View: Canal
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block, Other
  • Patio And Porch Features: Balcony, Screened
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

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

Condo/Co-op/Association

  • Association Fee: 545.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Pool
  • Association #2 Fee: 545.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Number Limit, Size Limit, Yes

Fee Information

  • Association Fee Includes: Amenities, Trash

Lot Info

  • Parcel #: 504121BJ0070

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 4271.0

Multi Family

  • Number Of Units In Community: 183

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2024
Closed on
Sep 26, 2024
Sold by
Gonzalez Frank Vincent and Gonzalez Tara
Bought by
Gholami Farshad
Seller's Agent
Diana Abdo
RE/MAX Consultants Realty 1
Buyer's Agent
Diana Abdo
RE/MAX Consultants Realty 1
List Price
$349,900
Sold Price
$262,500
Premium/Discount to List
-$87,400
-24.98%
Views
40
Current Estimated Value
$263,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$862
Avg. Annual Appreciation
1.34%

Purchase Details

Closed on
Mar 8, 2010
Sold by
Gallo Andrea L
Bought by
Gonzalez Frank Vincent

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,043
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 27, 1999
Sold by
Lynnette Stephen and Lynnette Apetz
Bought by
Gallo Andrea L

Purchase Details

Closed on
Feb 25, 1994
Sold by
Falcone Salvatore J and Falcone Josephine J
Bought by
Apetz Stephen and Apetz Lynnette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
7.04%
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 Type Sale Price Title Company
Warranty Deed $262,500 Tlc National Title
Warranty Deed $262,500 Tlc National Title
Warranty Deed $109,000 Attorney
Warranty Deed $74,100 --
Warranty Deed $55,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $106,043 FHA
Previous Owner $50,000 Credit Line Revolving
Previous Owner $80,000 Unknown
Previous Owner $22,000 Credit Line Revolving
Previous Owner $81,509 Unknown
Previous Owner $17,000 Credit Line Revolving
Previous Owner $49,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2024 09/27/24 Sold $262,500 -6.2% $239 / Sq Ft
08/06/2024 08/06/24 Price Changed $279,900 -6.7% $254 / Sq Ft
07/11/2024 07/11/24 Price Changed $299,900 -4.8% $273 / Sq Ft
07/01/2024 07/01/24 Price Changed $315,000 -4.5% $286 / Sq Ft
05/24/2024 05/24/24 Price Changed $329,900 -2.9% $300 / Sq Ft
05/09/2024 05/09/24 Price Changed $339,900 -2.9% $309 / Sq Ft
04/10/2024 04/10/24 For Sale $349,900 0.0% $318 / Sq Ft
03/01/2016 03/01/16 Rented $1,500 -6.0% --
01/31/2016 01/31/16 Under Contract -- -- --
12/30/2015 12/30/15 For Rent $1,595 -- --
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 $4,745 $250,000 $25,000 $225,000
2024 $4,271 $250,000 $25,000 $225,000
2023 $4,271 $188,360 $0 $0
2022 $3,736 $171,240 $0 $0
2021 $3,335 $155,680 $15,570 $140,110
2020 $3,183 $148,310 $14,830 $133,480
2019 $3,109 $145,810 $14,580 $131,230
2018 $2,806 $129,960 $13,000 $116,960
2017 $2,611 $117,650 $0 $0
2016 $2,462 $106,960 $0 $0
2015 $2,226 $97,240 $0 $0
2014 $2,163 $92,340 $0 $0
2013 -- $69,700 $6,970 $62,730
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10433560

BeachesMLS (Greater Fort Lauderdale)

APN: 50-41-21-BJ-0070