NOT LISTED FOR SALE

5224 NW 16th St Unit 1,2,3 Lauderhill, FL 33313

Estimated Value: $515,000 - $697,000

6 Beds
4 Baths
2,342 Sq Ft
7,405 Sq Ft Lot

Last Sold October 31, 2012

Last sale price $85,000 $36 Per Sq Ft

Est. 575% increase in value since last sale

Current estimated payment $4,005/month

32 Days on Market

Highlights

  • Newly Remodeled
  • Cooling System Mounted To A Wall/Window
  • Ceiling Fan
  • No HOA
  • Tile Flooring
  • Fenced

About This Home

As of October 2012

triplex, two of three units ready to rent, one unit needs repair, call agent to show, Bank of America Home Loans Prequalification required on all offers. Please allow 2-3 business days for seller response.

Last Agent to Sell the Property

Clifford Martin

MMLS Assoc.-Inactive Member License #3254356 Listed on: 05/17/2012

Last Buyer's Agent

Clifford Martin

MMLS Assoc.-Inactive Member License #3254356 Listed on: 05/17/2012

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1970 | Newly Remodeled

Lot Details

  • Fenced

Parking

  • 2 Car Parking Spaces

Interior Spaces

  • 2,342 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Electric Range

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 494135210200

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Low-Rise Condominium
  • Sunshine Villas Condos
  • Sunshine Villas Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1970 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: Sunshine Villas
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Electric Range
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Terrazzo, Tile
  • Furnished: Unfurnished
  • Living Area: 2342
  • Other Equipment: No Equipment
  • Possible Use: Investment
  • Stories: 3
  • Bedroom Features: Entry Level

Exterior Features

  • View: None
  • Exterior Features: None
  • Fencing: Fenced
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Sunshine Villas
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: No Security

Condo/Co-op/Association

  • Amenities: None
  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494135210200
  • Lot Size Sq Ft: 7673
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 2908

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2019
Sold by
Drax Investments Properties Ii Llc
Bought by
Drax Investments Properties Iii Llc
Total Days on Market
32
Current Estimated Value
$573,708

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,045,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 25, 2018
Sold by
Dy Properties Llc
Bought by
Drax Investments Properties Ii Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,000
Interest Rate
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2012
Sold by
Wells Fargo Bank N A
Bought by
Dy Properties Llc

Purchase Details

Closed on
Mar 13, 2012
Sold by
Ricks Charles Penn
Bought by
Wells Fargo Bank N A

Purchase Details

Closed on
Mar 17, 1998
Sold by
Barbara Joel and Barbara Lumpkins
Bought by
Ricks Charles P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,951
Interest Rate
7.07%
Mortgage Type
FHA
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
Drax Investments Properties Iii Llc -- Florida Land Title Ins Llc
Drax Investments Properties Ii Llc $275,400 Florda Land Title Insurance
Dy Properties Llc $85,000 Landsafe Title
Wells Fargo Bank N A -- None Available
Ricks Charles P $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Drax Investments Properties Iii Llc $3,961,500
Closed Drax Investments Properties Iii Llc $3,045,000
Previous Owner Drax Investments Properties Ii Llc $206,000
Previous Owner Ricks Charles P $256,000
Previous Owner Ricks Charles P $162,750
Previous Owner Ricks Charles Penn $124,100
Previous Owner Ricks Charles P $94,951
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2012 10/31/12 Sold $85,000 0.0% $36 / Sq Ft
06/18/2012 06/18/12 Pending -- -- --
05/16/2012 05/16/12 For Sale $85,000 -- $36 / 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 $11,522 $417,570 -- --
2024 $10,702 $383,020 $23,020 $360,000
2023 $10,702 $345,100 $0 $0
2022 $9,844 $313,730 $0 $0
2021 $9,237 $285,210 $0 $0
2020 $8,462 $259,290 $23,020 $236,270
2019 $8,168 $273,060 $23,020 $250,040
2018 $6,132 $235,980 $23,020 $212,960
2017 $5,407 $138,640 $0 $0
2016 $4,953 $126,040 $0 $0
2015 $4,652 $114,590 $0 $0
2014 $3,817 $104,180 $0 $0
2013 -- $111,840 $23,020 $88,820
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Clifford Martin

    MMLS Assoc.-Inactive Member

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A1642008

MIAMI REALTORS® MLS

APN: 49-41-35-21-0200

Florida Broward County Lauderhill 33313

5224 NW 16th St Unit 1,2,3, Lauderhill, FL

This home is located at 5224 NW 16th St Unit 1,2,3, Lauderhill, FL 33313 since 17 May 2012 and is currently estimated at $573,708, approximately $244 per square foot. This property was built in 1970. 5224 NW 16th St Unit 1,2,3 is a home located in Broward County with nearby schools including Plantation Elementary School, Lauderhill 6-12, and Boyd H. Anderson High School.

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