NOT LISTED FOR SALE

5020 SW 70th Ave Davie, FL 33314

Estimated Value: $2,420,000 - $3,038,851

10 Acres
$272,943 Price per Acre
435,600 Sq Ft Lot

Last Sold August 10, 2016

Last sale price $1,250,000 $3 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $16,459/month

623 Days on Market

Highlights

  • Barn
  • Home fronts a canal
  • Fenced
  • Silver Ridge Elementary School Rated 9+
  • No HOA

About This Lot

As of August 2016

10 ACRES M/L ( WITH CITY WATER/SEWER OUT FRONT) NOW BEING USED AS PASTURE. THERE IS A HOME IN POOR CONDITION, SO IT IS PRICED AT LAND VALUE ONLY! THE 6 STALL BARN IS IN PRETTY GOOD SHAPE. PROPERTY CAN BE USED AS A PLANT NURSERY, TREE FARM, EQUESTRIAN FACI LITY, SECLUDED ESTATE, OR MAY BE DIVISIBLE INTO 9-10 LUXURY HOMESITES. WITHIN 2 MILES OF EXPRESSWAYS, NOVA SOUTHEASTERN UNIVERSITY, BROWARD COLLEGE AND THE MIAMI DOLPHINS TRAINING FACILITY.

Last Agent to Sell the Property

Ted Wezyk

MMLS Assoc.-Inactive Member License #95020 Listed on: 10/16/2014

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Andres Montoya

MMLS Assoc.-Inactive Member License #3116442

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $23,855

Year Built

  • Built in 1959

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 330x1298
  • Home fronts a canal
  • West Facing Home
  • Fenced
  • Partial filled lot needs fill
  • Cleared Lot
  • Property is zoned AG RES

Home Design

  • 435,598 Sq Ft Home

Farming

  • Barn
  • Drainage Canal

Utilities

  • Well
  • Septic Tank
  • Phone Connected
  • Cable TV Available

Additional Features

  • 3 Bedrooms
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 504134010570

Community Details

Overview

  • No Home Owners Association
  • Everglades Land Sales Condos
  • Everglades Land Sales Subdivision

Recreation

  • Utility Building

Property Details

Property Type

Land

Est. Annual Taxes

$23,855

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Year Built: 1959
  • Property Sub Type: Residential
  • Directions: GRIFFIN ROAD TO SW 70TH AVENUE (VIELE ROAD); SOUTH 1/4 MILE TO PROPERTY ON LEFT
  • Horses: No
  • Inclusions: None
  • Lot Size Acres: 10
  • Lot Size: 330x1298
  • New Construction: No
  • Road Frontage Type: Paved Road, Public Road
  • Road Surface Type: Paved Road
  • Structure Type: Residential
  • Subdivision Name: EVERGLADES LAND SALES
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 3
  • Possible Use: Unknown/Withheld

Exterior Features

  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: City Location, 10 Or More Acre Lot, 5 To Less Than 10 Acre Lot, Cleared, Drainage Canal, Fenced, Partially Filled
  • Other Structures: Barn(s), Utility Building
  • Pool Private: No
  • View: No
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: EVERGLADES LAND SALES

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Utilities: Electricity Connected, Phone Connected, Cable Available, Electricity Available, Irrigation Water, Phone Available, Trash Removal

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 504134010570
  • Additional Parcels: No
  • Current Use: Residential
  • Development Status: Other
  • Lot Size Sq Ft: 435598
  • Zoning: AG RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2014
Closed on
Jul 29, 2016
Sold by
Wachtstetter Thomas Richard
Bought by
Grove Investment Group Of Florida Llc
Seller's Agent
Ted Wezyk
MMLS Assoc.-Inactive Member
Buyer's Agent
Andres Montoya
MMLS Assoc.-Inactive Member
List Price
$1,495,000
Sold Price
$1,250,000
Premium/Discount to List
-$245,000
-16.39%
Current Estimated Value
$2,729,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,479,426
Avg. Annual Appreciation
8.91%

Purchase Details

Closed on
Feb 27, 2009
Sold by
East Sound Inc
Bought by
Wachtstetter Cathy Lee and Cathy Lee Wachtstetter Trust

Purchase Details

Closed on
Nov 1, 2002
Sold by
Wachtstetter Cathy Lee
Bought by
East Sound Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$970,000
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 9, 1996
Sold by
Wachtstetter Leona D and Wachtstetter Guy M
Bought by
Wachtstetter Tr Guy M

Purchase Details

Closed on
Jun 3, 1996
Sold by
Wachtstetter Leona
Bought by
Wachtstetter Leona and Wachtstetter Guy M

Purchase Details

Closed on
Sep 1, 1992
Sold by
Available Not
Bought by
Available Not
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
Grove Investment Group Of Florida Llc $1,250,000 None Available
Wachtstetter Cathy Lee $970,000 Attorney
East Sound Inc $1,000,000 --
Wachtstetter Tr Guy M $100 --
Wachtstetter Leona $100 --
Available Not $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner East Sound Inc $970,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2016 08/10/16 Sold $1,250,000 -16.4% $3 / Sq Ft
06/26/2016 06/26/16 Pending -- -- --
10/12/2014 10/12/14 For Sale $1,495,000 -- $3 / 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 $23,855 $1,087,190 -- --
2024 $37,051 $1,087,190 $1,756,380 $97,480
2023 $37,051 $1,853,860 $1,756,380 $97,480
2022 $7,561 $368,800 $0 $0
2021 $7,652 $368,800 $271,320 $97,480
2020 $7,740 $368,800 $271,320 $97,480
2019 $7,744 $368,800 $271,320 $97,480
2018 $27,638 $1,377,750 $1,280,270 $97,480
2017 $27,528 $1,377,750 $0 $0
2016 $27,857 $1,377,750 $0 $0
2015 $31,909 $1,500,370 $0 $0
2014 $31,770 $1,470,670 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Ted Wezyk

    MMLS Assoc.-Inactive Member

    Section Image

  • A

    Buyer's Agent in 2016

    Andres Montoya

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: H921230

MIAMI REALTORS® MLS

APN: 50-41-34-01-0570

Florida Broward County Davie 33314

5020 SW 70th Ave, Davie, FL

This home is located at 5020 SW 70th Ave, Davie, FL 33314 since 16 October 2014 and is currently estimated at $2,729,426, approximately $6 per square foot. This property was built in 1959. 5020 SW 70th Ave is a home located in Broward County with nearby schools including Silver Ridge Elementary School, Driftwood Middle School, and Hollywood Hills 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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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