NOT LISTED FOR SALE

5087 Madison Lakes Cir E Unit 32 Davie, FL 33328

Estimated Value: $594,000 - $663,000

3 Beds
3.5 Baths
2,516 Sq Ft
$248/Sq Ft Est. Value

Last Sold January 15, 2016

Last sale price $355,000 $141 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $4,100/month

61 Days on Market

Highlights

  • Lake Front
  • Newly Remodeled
  • Porch
  • Pioneer Middle School Rated A-
  • Community Pool
  • Open Patio

About This Home

As of January 2016

Not a short sale or foreclosure. Tenant occupied. Tenant is willing to continue to rent with new buyer.

Last Listed By

Lisa Ben Israel

United Realty Group Inc License #3284959 Listed on: 10/15/2015

United Realty Group Inc

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,898

Year Built

  • Built in 2005 | Newly Remodeled

Lot Details

  • 2,831

HOA Fees

  • $147 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Interior Spaces

  • 2,516 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Lake Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Open Patio
  • Porch

Additional Features

  • Lake Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 504133330320

Community Details

Overview

  • Association fees include common areas, ground maintenance, pool(s)
  • Madison Lakes Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,898

Year Built

Built in 2005 | Newly Remodeled

Lot Details

0

HOA Fees

$147 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Year Built: 2005
  • Entry Level: 1
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Year Built Details: New Construction
  • Special Features: NewHome

Interior Features

  • Interior Amenities: First Floor Entry, Main Level Master
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Living Area: 2516.0
  • Stories: 2

Exterior Features

  • Exterior Features: Porch
  • View: Lake
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Open, Porch
  • Property Condition: New Construction

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Two or More Spaces, Garage Door Opener

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 147.0
  • Senior Community: No
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, Yes

Fee Information

  • Association Fee Includes: Common Areas, Maintenance Grounds, Pool(s)

Lot Info

  • Parcel #: 504133330320

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4898.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2015
Closed on
Jan 15, 2016
Sold by
Matatof Matthew Daniel
Bought by
Papp Eduard Oskar and Papp Melanie
Seller's Agent
Lisa Ben Israel
United Realty Group Inc
Buyer's Agent
Lisa Ben Israel
United Realty Group Inc
List Price
$384,500
Sold Price
$355,000
Premium/Discount to List
-$29,500
-7.67%
Total Days on Market
61
Current Estimated Value
$624,227

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,227
Avg. Annual Appreciation
6.25%
Original Mortgage
$284,000
Outstanding Balance
$230,184
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$395,753

Purchase Details

Listed on
Oct 15, 2015
Closed on
Jan 1, 2016
Bought by
Oskar Eduard
Seller's Agent
Lisa Ben Israel
United Realty Group Inc
Buyer's Agent
Lisa Ben Israel
United Realty Group Inc
List Price
$384,500
Sold Price
$355,000
Premium/Discount to List
-$29,500
-7.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Outstanding Balance
$230,184
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$395,753

Purchase Details

Closed on
Aug 4, 2005
Sold by
Matatof Jacob
Bought by
Matatof Matthew Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.57%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 24, 2004
Sold by
Flr Co Llc
Bought by
Matatof Jacob

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
Papp Eduard Oskar $355,000 Attorney
Oskar Eduard $100 --
Matatof Matthew Daniel -- --
Matatof Jacob $254,900 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papp Eduard Oskar $284,000
Previous Owner Matatof Jacob $28,255
Previous Owner Matatof Matthew Daniel $250,000
Previous Owner Matatof Matthew D $387,000
Previous Owner Matatof Matthew D $250,000
Previous Owner Matatof Jacob $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2016 01/15/16 Sold $355,000 -7.7% $141 / Sq Ft
12/16/2015 12/16/15 Pending -- -- --
10/15/2015 10/15/15 For Sale $384,500 -- $153 / 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 $5,711 $317,480 -- --
2024 $5,566 $308,540 -- --
2023 $5,566 $299,560 $0 $0
2022 $5,138 $290,840 $0 $0
2021 $5,052 $282,370 $0 $0
2020 $5,052 $278,480 $0 $0
2019 $4,904 $272,220 $0 $0
2018 $4,737 $267,150 $0 $0
2017 $4,616 $261,660 $0 $0
2016 $5,602 $253,570 $0 $0
2015 $5,467 $230,520 $0 $0
2014 $4,898 $209,570 $0 $0
2013 -- $190,520 $42,630 $147,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F1362359

BeachesMLS (Greater Fort Lauderdale)

APN: 50-41-33-33-0320