NOT LISTED FOR SALE

5140 SW 40th Ave Unit 24C Fort Lauderdale, FL 33314

Estimated Value: $171,570 - $210,000

2 Beds
2 Baths
1,060 Sq Ft
$365/mo HOA Fee

Last Sold October 11, 2019

Last sale price $135,000 $127 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,682/month

25 Days on Market

Highlights

  • Lake Front
  • Screened Balcony
  • Walk-In Closet
  • Community Pool
  • Concrete Block With Brick
  • Ceramic Tile Flooring

About This Home

As of October 2019

Great Investment !! 2/2 corner unit on the 2nd floor. Long time tenant has a contract for another 11 months paying $1.350. Remodeled in good taste. The bedrooms are very spacious and each has a walk in closet. Perfect corner with an amazing view overlooking the lake !! This serene community feels like a calm oasis surrounded by nature yet is very centrally located.

Last Agent to Sell the Property

Alicia Ferreira

Zoom Realty Group LLC License #0619164 Listed on: 09/03/2019

Last Buyer's Agent

Offer Kohavi

Beachfront Realty Inc License #3251005

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,775

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • 1,045

HOA Fees

  • $365 Monthly HOA Fees

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 1,060 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Lake Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Assigned Parking

Additional Features

  • Screened Balcony
  • Lake Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 504231AG0120

Community Details

Overview

  • Oak Hills Condo
  • Oak Hills 5 Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Building Details

Additional Features

  • Laundry Facilities
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,775

Year Built

Built in 1973 | Remodeled

Lot Details

0

HOA Fees

$365 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: OAK HILLS 5 CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1060
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: Entry Level

Exterior Features

  • View: Lake
  • Exterior Features: Screened Balcony
  • Construction Type: Concrete Block With Brick
  • Pool Private: No
  • Property Condition: Updated/Remodeled, Completely Renovated
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Oak Hills Condo
  • Parking Features: Assigned, Guest

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 365
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 504231AG0120
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 365

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1775

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2019
Closed on
Oct 10, 2019
Sold by
Michel Normand and Meade Michel Kathleen E
Bought by
Kohavi Yaron
Seller's Agent
Alicia Ferreira
Zoom Realty Group LLC
Buyer's Agent
Offer Kohavi
Beachfront Realty Inc
List Price
$149,900
Sold Price
$135,000
Premium/Discount to List
-$14,900
-9.94%
Current Estimated Value
$192,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,402
Avg. Annual Appreciation
6.77%

Purchase Details

Closed on
Apr 17, 2006
Sold by
Vaswani Lalit H
Bought by
Michel Normand and Meade Michel Kathleen E

Purchase Details

Closed on
Jul 7, 2005
Sold by
Ferrin Luis and Ferrin Norma
Bought by
Vaswani Lalit H

Purchase Details

Closed on
Mar 31, 2004
Sold by
Afragola Mark R
Bought by
Ferrin Luis and Ferrin Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,500
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2003
Sold by
Afragola Ralph
Bought by
Afragola Mark R
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
Kohavi Yaron $135,000 Attorney
Michel Normand $210,000 Esq Title Company
Vaswani Lalit H $142,000 --
Ferrin Luis $108,000 Statewide Title Corp
Afragola Mark R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kohavi Yaron $94,500
Previous Owner Meade Michel Kathleen E $69,000
Previous Owner Ferrin Luis $76,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2019 10/11/19 Sold $135,000 -9.9% $127 / Sq Ft
09/26/2019 09/26/19 Pending -- -- --
09/01/2019 09/01/19 For Sale $149,900 -- $141 / 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 $3,165 $161,380 -- --
2024 $2,993 $161,380 -- --
2023 $2,993 $133,380 $0 $0
2022 $2,584 $121,260 $0 $0
2021 $2,397 $110,240 $11,020 $99,220
2020 $2,341 $108,520 $10,850 $97,670
2019 $1,819 $100,700 $10,070 $90,630
2018 $1,775 $111,560 $11,160 $100,400
2017 $1,435 $58,580 $0 $0
2016 $1,367 $53,260 $0 $0
2015 $1,306 $48,420 $0 $0
2014 $1,097 $44,020 $0 $0
2013 -- $42,720 $4,270 $38,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10732577

MIAMI REALTORS® MLS

APN: 50-42-31-AG-0120