5501 SW 198th Terrace Southwest Ranches, FL 33332
4
Beds
3.5
Baths
5,355
Sq Ft
2.19
Acres
Highlights
- 20 Feet of Waterfront
- Horses Allowed On Property
- Private Pool
- Manatee Bay Elementary School Rated A
- Newly Remodeled
- 95,464 Sq Ft lot
About This Home
As of December 2020***TWO STORY TROPICAL PARADISE ON PRIVATE ROAD IN SOUTHWEST RANCHES!!!***NESTLED ON 2.19 ACRES, GATED&FENCED PROPERTY,DEFINED W/A BLEND OF LUSH TROPICAL LANDSCAPING &NATURAL EXOTIC POND.HUGE PAVERED DRIVEWAY LEADS YOU TO A DOUBLE WIDE PORTE CACHERE W/FINISHED WOOD CEILINGS. MARBLE FLRS & WOOD FLRS THROUGH OUT,AS HIGH CEILINGS CERTAIN IMPRESS.TREMENDOUS 2ND FLOOR MASTER SUITE W/SITTING AREA,LOFT & MINI BAR.HIS AND HERS SEPARATE BATHRMS W/JACUZZI TUB PLUS A 500 SQFT COVR'D BALCONY. WRAP AROUND PORCHES & HUGE SCREENED LANAI'S. PLENTY OF ADDITIONAL OUTDOOR SITTING AREAS W/FULL COVERED SUMMER KITCHEN OVERLOOKING A GORGEOUS POOL W/TANNING SHELVE. GOURMET KITCHEN W/MARBLE COUNTERTOPS &STAINLESS-STEEL APPLIANCES OVERLOOKING THE BEAUTIFUL POND. SECONDARY BEDRMS ON THE 1ST FLOOR PLENTY OF YARD SPACE
Last Agent to Sell the Property
Joe Caprio & Co. Real Estate License #566559 Listed on: 10/17/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,333
Year Built
- Built in 2001 | Newly Remodeled
Lot Details
- 2.19 Acre Lot
- 20 Feet of Waterfront
- East Facing Home
- Fenced
- Interior Lot
- Sprinkler System
- Property is zoned A-1
Parking
- 3 Car Attached Garage
- 2 Attached Carport Spaces
- Garage Door Opener
- Driveway
Property Views
- Water
- Garden
Home Design
- Mediterranean Architecture
- Barrel Roof Shape
Interior Spaces
- 5,355 Sq Ft Home
- 2-Story Property
- Wet Bar
- Vaulted Ceiling
- Ceiling Fan
- Great Room
- Family Room
- Sitting Room
- Formal Dining Room
- Sun or Florida Room
Kitchen
- Breakfast Area or Nook
- Electric Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- Roman Tub
Laundry
- Laundry in Garage
- Dryer
- Washer
Home Security
- Hurricane or Storm Shutters
- Impact Glass
- Fire and Smoke Detector
Pool
- Private Pool
- Room in yard for a pool
Outdoor Features
- Shed
- Wrap Around Porch
Schools
- Manatee Bay Elementary School
- Silver Trail Middle School
- West Broward High School
Horse Facilities and Amenities
- Horses Allowed On Property
Utilities
- Cooling Available
- Central Heating
- Gas Water Heater
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 503935080240
Community Details
Overview
- Southwest Ranches Subdivision
Recreation
- Horses Allowed in Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 24, 2022
Sold by
Webb and Denise
Bought by
Denise Webb Living Trust
Current Estimated Value
Purchase Details
Listed on
Oct 17, 2020
Closed on
Dec 15, 2020
Sold by
Epstein David and Elam Geralyn
Bought by
Webb Robert and Webb Denise
Seller's Agent
Joe Caprio
Joe Caprio & Co. Real Estate
List Price
$1,495,000
Sold Price
$1,495,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%
Original Mortgage
$1,020,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 17, 2017
Closed on
Sep 29, 2017
Sold by
Rodriguez Jules and Rodriguez Beverly
Bought by
Epstein David and Elam Geralyn
Seller's Agent
Elizabeth Wheeler Rodriguez
The Keyes Company
Buyer's Agent
Elizabeth Wheeler Rodriguez
The Keyes Company
List Price
$1,175,000
Sold Price
$959,000
Premium/Discount to List
-$216,000
-18.38%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.83%
Original Mortgage
$767,200
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 1, 1991
Sold by
Available Not
Bought by
Available Not
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Rarick & Beskin Pa | |
| Warranty Deed | $1,495,000 | Attorney | |
| Warranty Deed | $959,000 | Attorney | |
| Quit Claim Deed | $7,857 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,020,000 | New Conventional | |
| Previous Owner | $767,200 | New Conventional | |
| Previous Owner | $238,250 | New Conventional | |
| Previous Owner | $254,422 | Unknown | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $200,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/15/2020 12/15/20 | Sold | $1,495,000 | 0.0% | $279 / Sq Ft |
| 11/15/2020 11/15/20 | Pending | -- | -- | -- |
| 10/17/2020 10/17/20 | For Sale | $1,495,000 | +55.9% | $279 / Sq Ft |
| 09/29/2017 09/29/17 | Sold | $959,000 | -0.6% | $179 / Sq Ft |
| 09/05/2017 09/05/17 | Pending | -- | -- | -- |
| 07/28/2017 07/28/17 | Price Changed | $965,000 | -17.9% | $180 / Sq Ft |
| 02/17/2017 02/17/17 | For Sale | $1,175,000 | -- | $219 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
Tax History Compared to Growth
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 | $40,498 | $2,244,060 | $381,860 | $1,862,200 |
| 2024 | $34,779 | $2,244,060 | $381,860 | $1,862,200 |
| 2023 | $34,779 | $1,628,050 | $0 | $0 |
| 2022 | $28,238 | $1,480,050 | $0 | $0 |
| 2021 | $24,707 | $1,345,500 | $286,390 | $1,059,110 |
| 2020 | $17,224 | $951,890 | $0 | $0 |
| 2019 | $17,333 | $930,490 | $0 | $0 |
| 2018 | $16,369 | $880,000 | $286,390 | $593,610 |
| 2017 | $13,430 | $736,300 | $0 | $0 |
| 2016 | $13,243 | $721,160 | $0 | $0 |
| 2015 | $13,373 | $716,150 | $0 | $0 |
| 2014 | $13,401 | $710,470 | $0 | $0 |
| 2013 | -- | $717,310 | $286,400 | $430,910 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2020
Joe Caprio
Joe Caprio & Co. Real Estate
(954) 434-1776
26 in this area
139 Total Sales
-
E
Seller's Agent in 2017
Elizabeth Wheeler Rodriguez
The Keyes Company
(954) 512-3180
2 Total Sales
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10254354
APN: 50-39-35-08-0240
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