NOT LISTED FOR SALE

Condado Real 5100 SW 41st St Unit 310 Hollywood, FL 33023

Hollywood Ridge Neighborhood

Estimated Value: $87,000 - $154,000

1 Bed
1 Bath
730 Sq Ft
$500/ mo HOA Fee

Last Sold June 23, 2023

Last sale price $95,000 $130 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $1,347/month

52 Days on Market

Highlights

  • Balcony
  • Views
  • Central Heating and Cooling System
  • Walk-In Closet
  • Tile Flooring
  • 1 Car Garage

About This Home

As of June 2023

Investor special! Own this partially remodeled, spacious 1/1 unit, newer central A/C. Massive walk-in closet and huge balcony. Condo Association under new management and is enhancing the exterior of the building. Laundry facility on each floor near elevators. Close to everything, centrally located near shopping and major highways. Unit is tenant occupied but could rent for $1,500 per month with no age or rental restrictions. Strong rental area with low vacancy rates. Competitively priced. Unit is sold AS with right to inspect. Unit is currently tenant occupied at $1200. Lease ends August 2023 but tenant is willing to renew. Remaining assessment to be paid by seller at closing.

Last Agent to Sell the Property

Vanessa Correchel

Coldwell Banker Realty License #3200638 Listed on: 03/27/2023

Coldwell Banker Realty

Last Buyer's Agent

Javier Fonseca

RE/MAX In Motion Inc License #658316

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,509

Year Built

  • Built in 1973

HOA Fees

  • $500 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 730 Sq Ft Home
  • 4-Story Property
  • Tile Flooring
  • Property Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 514230AA0540

Community Details

Overview

  • Low-Rise Condominium
  • Condado Real Condo
  • Condado Real Condo Subdivision

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,509

Year Built

Built in 1973

Lot Details

0 Sq Ft Lot

HOA Fees

$500 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Property Sub Type: Condominium
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: CONDADO REAL CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 730
  • Possible Use: Investment
  • Stories: 4
  • Bedroom Features: Other

Exterior Features

  • View: Other View
  • Exterior Features: Other, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: CONDADO REAL CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: No Security

Condo/Co-op/Association

  • Association Fee: 500
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 514230AA0540
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1509

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2023
Closed on
Jun 23, 2023
Sold by
Correchel Vanessa C
Bought by
Miraflores Properties And Investments Inc
Seller's Agent
Vanessa Correchel
Coldwell Banker Realty
Buyer's Agent
Javier Fonseca
RE/MAX In Motion Inc
List Price
$112,000
Sold Price
$95,000
Premium/Discount to List
-$17,000
-15.18%
Views
160
Current Estimated Value
$129,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,371
Avg. Annual Appreciation
11.79%
Original Mortgage
$15,000
Outstanding Balance
$14,531
Interest Rate
6.35%
Mortgage Type
Seller Take Back
Estimated Equity
$114,840

Purchase Details

Listed on
Jul 10, 2022
Closed on
Sep 13, 2022
Sold by
Alex Cruz
Bought by
Correchel Vanessa C
Seller's Agent
Kevin Sylvester
Sylvester Residential LLC
Buyer's Agent
Vanessa Correchel
Coldwell Banker Realty
List Price
$105,000
Sold Price
$100,000
Premium/Discount to List
-$5,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.36%

Purchase Details

Closed on
Feb 14, 2018
Sold by
Warwar Nicholas M
Bought by
Cruz Alex

Purchase Details

Closed on
Mar 6, 2007
Sold by
Warwar Nicholas M and Cedeno Natalia A
Bought by
Warwar Nicholas M

Purchase Details

Closed on
Nov 20, 2002
Sold by
Cedeno Natalia A
Bought by
Warwar Nicholas M and Cedeno Natalia A

Purchase Details

Closed on
Aug 30, 2002
Sold by
Condado Real Development Lc
Bought by
Cedeno Natalia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
6.31%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Miraflores Properties And Investments Inc $95,000 Capital Abstract & Title
Correchel Vanessa C $100,000 Core Title
Cruz Alex $28,100 Attorney
Warwar Nicholas M -- None Available
Warwar Nicholas M $34,000 --
Cedeno Natalia A $68,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miraflores Properties And Investments Inc $15,000
Previous Owner Cedeno Natalia A $67,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2023 06/23/23 Sold $95,000 -9.5% $130 / Sq Ft
05/18/2023 05/18/23 Pending -- -- --
05/04/2023 05/04/23 Price Changed $105,000 -3.2% $144 / Sq Ft
04/11/2023 04/11/23 Price Changed $108,500 -3.1% $149 / Sq Ft
03/27/2023 03/27/23 For Sale $112,000 +12.0% $153 / Sq Ft
09/13/2022 09/13/22 Sold $100,000 -4.8% $129 / Sq Ft View Prior Sale
08/14/2022 08/14/22 Pending -- -- --
07/09/2022 07/09/22 For Sale $105,000 -- $135 / Sq Ft
Source: MIAMI REALTORS® MLS

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
2026 $1,876 $105,910 -- --
2025 $1,876 $87,540 $8,750 $78,790
2024 $1,932 $87,540 $8,750 $78,790
2023 $1,932 $89,480 $8,950 $80,530
2022 $1,509 $71,440 $7,140 $64,300
2021 $1,401 $65,140 $6,510 $58,630
2020 $1,291 $59,800 $5,980 $53,820
2019 $1,212 $55,520 $5,550 $49,970
2018 $848 $46,360 $4,640 $41,720
2017 $774 $33,130 $0 $0
2016 $770 $30,120 $0 $0
2015 $718 $27,390 $0 $0
2014 $620 $24,900 $0 $0
2013 -- $24,610 $2,460 $22,150
Source: Public Records

Agents Affiliated with this Home

  • Vanessa Correchel

    Seller's Agent in 2023

    Vanessa Correchel

    Coldwell Banker Realty

    (786) 222-1870

    2 in this area

    31 Total Sales

    Vanessa Correchel
    Section Image

  • J

    Buyer's Agent in 2023

    Javier Fonseca

    RE/MAX

  • Kevin Sylvester

    Seller's Agent in 2022

    Kevin Sylvester

    Sylvester Residential LLC

    (954) 258-0987

    1 in this area

    42 Total Sales

    Kevin Sylvester
    Section Image
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About Condado Real

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11359672

MIAMI REALTORS® MLS

APN: 51-42-30-AA-0540

Florida Broward County Hollywood 33023 Hollywood Ridge

5100 SW 41st St Unit 310, Hollywood, FL

Not Listed for Sale

Condos

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