NOT LISTED FOR SALE

5016 SW 40th Ave Unit A Fort Lauderdale, FL 33314

Estimated Value: $191,000 - $321,000

2 Beds
2 Baths
1,254 Sq Ft
$226/Sq Ft Est. Value

Last Sold April 01, 2016

Last sale price $130,000 $104 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,012/month

12 Days on Market

Highlights

  • Garden View
  • Formal Dining Room
  • Card or Code Access
  • Community Pool
  • Courtyard
  • Laundry in Utility Room

About This Home

As of April 2016

Beautiful one story townhouse! This corner unit located in a gated community features a formal living room, formal dining, remodeled kitchen, 2 bedrooms, 2 baths, family, utility room, central air, ceramic tile floors throughout & courtyard. Community pool! Centrally located near shopping, schools, houses of worship and Interstate 95. Sold in "AS IS" condition. Much more! Won't last!

Last Agent to Sell the Property

Charles Rittenhouse Jr

Norka Realty Inc License #3322854 Listed on: 01/07/2016

Co-Listed By

Craig Rittenhouse

Norka Realty Inc License #3167066

Last Buyer's Agent

Norka Diaz

Norka Realty Inc License #0424641

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,100

Year Built

  • Built in 1977 | Remodeled

Lot Details

  • 2,134

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Parking Spaces

Home Design

  • Villa
  • Property Attached
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,254 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Formal Dining Room
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer and Dryer Hookup

Outdoor Features

  • Courtyard

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 504231060010

Community Details

Overview

  • Twin Oaks Condos

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Card or Code Access
  • Complex Is Fenced

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,100

Year Built

Built in 1977 | Remodeled

Lot Details

0

HOA Fees

$225 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1977
  • Property Sub Type: Villa
  • Architectural Style: Corner Unit
  • Co List Office Mls Id: NORK
  • Co List Office Phone: 305-822-7474
  • Directions: FROM GRIFFIN JUST EAST OF 441, SOUTH ON 40TH AVENUE, LOOK FOR TWIN OAKS SIGN ON LEFT. "GATED COMMUNITY"
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Villa Fee Simple, Villa
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Water Heater
  • Interior Amenities: First Floor Entry, Stacked Bedroom, Family Room, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1254
  • Possible Use: Primary
  • Stories: 1
  • Bedroom Features: Entry Level
  • Dining Room Features: Formal Dining
  • Living Room Features: Family Room, Utility Room/Laundry

Exterior Features

  • View: Garden View
  • Exterior Features: Courtyard
  • Construction Type: CBS Construction
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: TWIN OAKS
  • Parking Features: 2 Or More Spaces

Utilities

  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Washer/Dryer Hook-Up
  • Security: Complex Fenced, Card Entry

Condo/Co-op/Association

  • Association Fee: 225
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 504231060010
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 225

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 13, 2018
Sold by
Kassegn Feleke and Nassetta Talia Marie
Bought by
Casselman Andrew
Current Estimated Value
$283,958

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$155,349
Interest Rate
4.22%
Mortgage Type
VA
Estimated Equity
$148,929

Purchase Details

Listed on
Jan 7, 2016
Closed on
Apr 1, 2016
Sold by
Secretary Of Housing And Urban Developme
Bought by
Kassegn Feleke and Nassetta Talla Marie
Seller's Agent
Charles Rittenhouse Jr
Norka Realty Inc
Buyer's Agent
Norka Diaz
Norka Realty Inc
List Price
$118,500
Sold Price
$130,000
Premium/Discount to List
$11,500
9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.45%
Original Mortgage
$135,081
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 20, 2015
Sold by
Branch Banking & Trust Company
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Dec 9, 2014
Sold by
Bonanno Mark A
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Dec 3, 2009
Sold by
Pope Ronnie R
Bought by
Bonanno Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,727
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
May 30, 2003
Sold by
Benner Carlton Edward
Bought by
Pope Ronnie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 1, 1991
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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Average Value
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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
Casselman Andrew $180,000 Title Now Llc
Kassegn Feleke $130,000 Specialty Title Services
Secretary Of Housing & Urban Development -- Attorney
Branch Banking & Trust Company $91,300 None Available
Bonanno Mark A $119,900 Coastal Title Inc
Pope Ronnie R $112,000 Action Title Company
Available Not $47,143 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Casselman Andrew $180,000
Previous Owner Kassegn Feleke $135,081
Previous Owner Bonanno Mark A $117,727
Previous Owner Pope Ronnie R $89,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2016 04/01/16 Sold $130,000 +9.7% $104 / Sq Ft
01/19/2016 01/19/16 Pending -- -- --
01/06/2016 01/06/16 For Sale $118,500 -- $94 / 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 $2,916 $186,010 -- --
2024 $2,757 $180,770 -- --
2023 $2,757 $175,510 $0 $0
2022 $2,628 $170,400 $0 $0
2021 $2,604 $165,440 $0 $0
2020 $2,525 $163,160 $0 $0
2019 $2,470 $159,500 $16,900 $142,600
2018 $2,887 $138,080 $16,900 $121,180
2017 $2,657 $123,500 $0 $0
2016 $40 $92,180 $0 $0
2015 $2,100 $92,180 $0 $0
2014 $1,700 $69,430 $0 $0
2013 -- $63,120 $21,120 $42,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10011983

MIAMI REALTORS® MLS

APN: 50-42-31-06-0010