NOT LISTED FOR SALE

5183 Madison Lakes Cir E Davie, FL 33328

Estimated Value: $558,119 - $593,000

3 Beds
2.5 Baths
1,724 Sq Ft
$329/Sq Ft Est. Value

Last Sold February 10, 2022

Last sale price $515,000 $299 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,797/month

138 Days on Market

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Community Pool
  • Pioneer Middle School Rated A-
  • Garden View
  • 2 Car Attached Garage

About This Home

As of February 2022

STUNNING CORNER VILLA IN HIGHLY SOUGHT-AFTER MADISON LAKES. THIS RESIDENCE FEATURES AN OPEN, SPACIOUS FLOORPLAN WITH VOLUME CEILINGS THROUGHOUT… THIS PROPERTY ALSO OFFERS A BEAUTIFUL UPGRADED KITCHEN WITH WOOD CABINETRY, GRANITE COUNTERS AND A STAINLESS APPLIANCE PACKAGE. CERAMIC TILE FLOORING THROUGHOUT ALL MAIN LIVING AREAS AND WOOD FLOORING IN THE BEDROOMS. IMPACT FRONT DOOR WITH PLANTATION SHUTTERS AND ACCORDIONS THROUGHOUT THE PROPERTY, CAMERA SYSTEM AND AN OVERSIZED SCREENED PATIO FOR YOUR ENJOYMENT. DON’T MISS THIS INCREDIBLE LOCATION! SEE BROKERS REMARKS.

Last Agent to Sell the Property

Shannon Losi

Coldwell Banker Realty License #3119600 Listed on: 09/24/2021

Coldwell Banker Realty

Last Buyer's Agent

Fabiana Menezes

Metro Brokers Florida LLC License #3273162

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,898

Year Built

  • Built in 2004

Lot Details

  • 3,572

HOA Fees

  • $147 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Villa
  • Property Attached
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,724 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Garden Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 504133330011

Community Details

Overview

  • Madison Lakes Condos
  • Madison Lakes Subdivision

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,898

Year Built

Built in 2004

Lot Details

0

HOA Fees

$147 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Villa
  • Architectural Style: Corner Unit
  • Directions: UNIVERSITY SOUTH TO GRIFFIN ROAD RIGHT TO 82 AVENUE LEFT TO MADISON LAKES OR 95 OR I75 TO GRIFFIN TO 82 AVENUE LEFT/RIGHT TO MADISON LAKES.
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Villa Fee Simple, Villa
  • Subdivision Name: MADISON LAKES
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Closet Cabinetry, Entrance Foyer, Pantry, Split Bedroom, Vaulted Ceiling(s)
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 1724
  • Possible Use: Primary
  • Stories: 1
  • Bedroom Features: Entry Level

Exterior Features

  • View: Garden View
  • Construction Type: CBS Construction
  • Patio And Porch Features: Screened Porch
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: MADISON LAKES
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 147
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 504133330011
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6898

Multi Family

  • Maintenance Expense: 147

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Feb 4, 2022
Sold by
Shah Gautam S and Shah Priti G
Bought by
Costa Ronald Bitzer and Romero-Costa Martha Patricia
Seller's Agent
Shannon Losi
Coldwell Banker Realty
Buyer's Agent
Fabiana Menezes
Metro Brokers Florida LLC
Sold Price
$515,000
Total Days on Market
138
Current Estimated Value
$567,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,780
Avg. Annual Appreciation
3.24%
Original Mortgage
$463,878
Outstanding Balance
$434,818
Interest Rate
3.55%
Mortgage Type
FHA
Estimated Equity
$137,490

Purchase Details

Listed on
Apr 15, 2017
Closed on
May 3, 2017
Sold by
Coyle Thomas J and Lawson Kathryn
Bought by
Shah Cautam S and Shah Priti G
Seller's Agent
Anthony San Martin
United Realty Group Inc.
List Price
$359,000
Sold Price
$348,000
Premium/Discount to List
-$11,000
-3.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%

Purchase Details

Closed on
Oct 12, 2011
Sold by
Byrne William and Byrnw Joan
Bought by
Coyle Thomas J and Lawson Kathryn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2010
Sold by
Sharabi Ruth
Bought by
Us Bank National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2010
Sold by
Us Bank National Association
Bought by
Byrne William and Byrne Joan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
4.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2009
Sold by
Sharabi Ruth
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Apr 27, 2006
Sold by
Carlton Erik J and Carlton Izabela
Bought by
Sharabi Ruth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
7.35%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 19, 2004
Sold by
Flr Co Llc
Bought by
Carlton Erik J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
5.35%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Costa Ronald Bitzer $515,000 New Title Company Name
Shah Cautam S $348,000 Coastal Title
Coyle Thomas J $212,000 Attorney
Us Bank National Association -- Attorney
Byrne William $181,300 Working Title Llc
Mortgage Electronic Registration Systems -- Attorney
Sharabi Ruth $405,000 Attorney
Carlton Erik J $234,800 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costa Ronald Bitzer $463,878
Previous Owner Coyle Thomas J $164,000
Previous Owner Byrne William $145,000
Previous Owner Sharabi Ruth $324,000
Previous Owner Carlton Erik J $105,100
Previous Owner Carlton Erik J $25,000
Previous Owner Carlton Erik J $209,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/10/2022 02/10/22 Sold $515,000 0.0% $299 / Sq Ft
12/19/2021 12/19/21 For Sale -- -- --
11/20/2021 11/20/21 Off Market $515,000 -- --
11/20/2021 11/20/21 For Sale -- -- --
11/05/2021 11/05/21 Off Market $515,000 -- --
09/24/2021 09/24/21 For Sale $489,000 0.0% $284 / Sq Ft
11/01/2020 11/01/20 Rented $2,500 -5.7% --
10/26/2020 10/26/20 Under Contract -- -- --
09/09/2020 09/09/20 Price Changed $2,650 -1.9% $2 / Sq Ft
08/15/2020 08/15/20 For Rent $2,700 0.0% --
05/05/2017 05/05/17 Sold $348,000 -3.1% $161 / Sq Ft
04/15/2017 04/15/17 For Sale $359,000 -- $166 / 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 $7,641 $422,510 -- --
2024 $7,457 $410,610 -- --
2023 $7,457 $398,660 $0 $0
2022 $7,430 $367,840 $0 $0
2021 $6,830 $334,400 $46,490 $287,910
2020 $6,898 $338,930 $46,490 $292,440
2019 $6,260 $300,700 $46,490 $254,210
2018 $6,063 $294,430 $46,490 $247,940
2017 $3,066 $180,500 $0 $0
2016 $3,024 $176,790 $0 $0
2015 $3,080 $175,570 $0 $0
2014 $3,093 $174,180 $0 $0
2013 -- $171,610 $42,900 $128,710
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11101793

MIAMI REALTORS® MLS

APN: 50-41-33-33-0011