NOT LISTED FOR SALE

5500 SW 196th Ln Southwest Ranches, FL 33332

Estimated Value: $1,053,842 - $1,207,000

3 Beds
2 Baths
2,016 Sq Ft
$572/Sq Ft Est. Value

Last Sold September 27, 2012

Last sale price $400,000 $198 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $6,799/month

135 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Formal Dining Room
  • Manatee Bay Elementary School Rated A
  • No HOA
  • 2 Car Attached Garage

About This Home

As of September 2012

NOT A SHORT SALE OR FORECLOSURE. COMPLETELY REMODELED 3/2 ON A CORNER LOT WITH A POOL ON 1.25 ACRES. PROPERTY FEATURES INCLUDE: BEAUTIFULLY UPDATED KITCHEN IS OPEN TO THE FAMILY ROOM, HAS GRANITE COUNTER TOPS AND STAINLESS APPLIANCES. FORMAL DINING RO OM, SEPARATE LIVING AND FAMILY ROOMS. WOOD AND TILE FLOORS THROUGHOUT. MASTER BEDROOM HAS TWO WALK IN CLOSETS. ALL BATHROOMS HAVE BEEN RECENTLY REMODELED. EXTERIOR WAS JUST PAINTED! 12X20 SHED INCLUDED. THIS HOME WILL NOT DISAPPOINT! EASY TO SHOW.

Last Agent to Sell the Property

Amy Blackman

Coldwell Banker Realty License #3119839 Listed on: 02/25/2012

Coldwell Banker Realty

Last Buyer's Agent

Cathlene McDonald

Keller Williams Legacy License #0367889

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,703

Year Built

  • Built in 1980

Lot Details

  • 1.09 Acre Lot
  • West Facing Home
  • Fenced

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,016 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Formal Dining Room

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Shed

Schools

  • Manatee Bay Elementary School
  • Falcon Cove Middle School
  • West Broward High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Water Softener is Owned
  • Septic Tank

Community Details

  • No Home Owners Association
  • Green Glades South 94 46,Country Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 503936070540

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,703

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1980
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: WEST OF I75 ON GRIFFIN TO 195TH TERRACE, MAKE A LEFT (SOUTH) TO 54TH PLACE, MAKE A RIGHT (WEST), MAKE A LEFT ON 196TH LANE (SOUTH) - PROPERTY IS ON THE CORNER.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: GREEN GLADES SOUTH 94-46,COUNTRY ESTATES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Active With Contract
  • CurrentPrice: 400000
  • InternetRemarks: NOT A SHORT SALE OR FORECLOSURE. COMPLETELY REMODELED 3/2 ON A CORNER LOT WITH A POOL ON 1.25 ACRES.
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer, Water Softener Owned
  • Interior Amenities: First Floor Entry, Walk-In Closet(s), Family Room, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 2016
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Hurricane Shutters
  • Bedroom Features: Primary Bedroom Ground Level
  • Dining Room Features: Formal Dining
  • Living Room Features: Family Room, Utility Room/Laundry
  • Master Bathroom Features: Shower Only, Dual Sinks

Exterior Features

  • Roof: Shingle
  • View: None
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Other Structures: Shed(s)
  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: GREEN GLADES SOUTH 94-46
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Manatee Bay
  • High School: West Broward
  • Middle Or Junior School: Falcon Cove

Lot Info

  • Parcel Number: 503936070540
  • Lot Size Sq Ft: 47693
  • Zoning: R

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 3703

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2015
Sold by
Sims Sharon
Bought by
Sims Henry
Current Estimated Value
$1,152,961

Purchase Details

Listed on
Feb 25, 2012
Closed on
Sep 27, 2012
Sold by
Million Glenn A and Million Lorraine A
Bought by
Sims Henry and Sims Sharon
Seller's Agent
Amy Blackman
Coldwell Banker Realty
Buyer's Agent
Cathlene McDonald
Keller Williams Legacy
List Price
$400,000
Sold Price
$400,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$300,000
Outstanding Balance
$209,396
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$943,565

Purchase Details

Closed on
Jul 6, 1998
Sold by
Garner Robert M and Garner Jackie
Bought by
Million Glenn A and Million Lorraine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,400
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 1, 1992
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sims Henry -- None Available
Sims Hank L -- None Available
Sims Henry $400,000 Action Title Company
Million Glenn A $209,900 --
Available Not $167,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sims Henry $300,000
Previous Owner Million Glenn A $35,000
Previous Owner Million Glenn A $199,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2012 09/27/12 Sold $400,000 0.0% $198 / Sq Ft
07/18/2012 07/18/12 Pending -- -- --
03/04/2012 03/04/12 For Sale $400,000 -- $198 / 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 $8,735 $452,530 -- --
2024 $8,574 $439,780 -- --
2023 $8,574 $426,980 $0 $0
2022 $8,101 $414,550 $0 $0
2021 $7,672 $402,480 $0 $0
2020 $7,543 $396,930 $0 $0
2019 $7,511 $388,010 $0 $0
2018 $7,383 $380,780 $0 $0
2017 $6,959 $372,950 $0 $0
2016 $6,776 $365,280 $0 $0
2015 $6,834 $362,750 $0 $0
2014 $6,863 $359,880 $0 $0
2013 -- $360,000 $120,680 $239,320
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1612674

MIAMI REALTORS® MLS

APN: 50-39-36-07-0540