$959,000
SOLD SEP 29, 2017

5501 SW 198th Terrace Southwest Ranches, FL 33332

4 Beds
3.5 Baths
5,355 Sq Ft
2.19 Acres

Recently Sold

$179 Per Sq Ft

18% Below List Price

199 Days on Market

Highlights

  • Water Views
  • Newly Remodeled
  • Sitting Area In Primary Bedroom
  • Manatee Bay Elementary School Rated A
  • Home fronts a pond
  • 95,464 Sq Ft lot

About This Home

As of December 2020

Owner builder Southwest Ranches tropical paradise on private road nestled within 2.19 acres of lush landscape. Features wrap around porch & screened lanai. 1st flr-2 Bdrms & 1.5 Bths. 2nd Flr-10' ceilings, Master Suite features its own sitting area & mini bar, his and hers seperate bathrooms w/Jacuzzi tub & 500sf covered balcony over looking tropical landscape & beautiful sunsets. Kitchen over looks pond has marble counter tops w/the latest appliances. See attachment for added details.

Last Agent to Sell the Property

Elizabeth Wheeler Rodriguez

The Keyes Company License #3304993 Listed on: 02/17/2017

The Keyes Company

Last Buyer's Agent

Elizabeth Wheeler Rodriguez

The Keyes Company License #3304993 Listed on: 02/17/2017

The Keyes Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,243

Year Built

  • Built in 2001 | Newly Remodeled

Lot Details

  • 2.19 Acre Lot
  • 20 Ft Wide Lot
  • Home fronts a pond
  • East Facing Home
  • Fenced
  • Property is zoned A-1

Parking

  • 3 Car Attached Garage
  • 2 Attached Carport Spaces
  • Automatic Garage Door Opener
  • Driveway
  • Paver Block
  • Open Parking

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
  • Paddle Fans
  • Great Room
  • Family Room
  • Formal Dining Room
  • Sun or Florida Room
  • Utility Room in Garage

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Roman Tub
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Outdoor Features

  • Room in yard for a pool
  • Exterior Lighting
  • Shed

Utilities

  • Cooling Available
  • Central Heating
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Southwest Ranches Subdivision

Listing and Financial Details

  • Assessor Parcel Number 503935080240

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,243

Year Built

Built in 2001 | Newly Remodeled

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2001
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story, Mediterranean
  • Carport Y N: Yes
  • Directions: Griffin Road to 198 Terrace South.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: Southwest Ranches
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Gas Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Pantry, Roman Tub, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Family Room, Florida Room, Great Room, Utility/Laundry In Garage
  • Spa Yn: No
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 5355
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Window Features: Hurricane Shutters, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Primary Bedroom, Primary Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Formal Dining, Kitchen Dining
  • Living Room Features: Family Room, Florida Room, Great Room, Utility/Laundry In Garage
  • Master Bathroom Features: Bidet, Combination Tub & Shower, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Barrel Roof
  • View: Garden, Water
  • Exterior Features: Lighting, Room For Pool
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 2 To Less Than 3 Acre Lot
  • Other Structures: Shed(s)
  • Patio And Porch Features: Wrap Around
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: WF/No Ocean Access, Pond
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Southwest Ranches
  • Carport Spaces: 2
  • Covered Parking Spaces: 5
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Attached Carport, Covered, Driveway, Paver Block

Utilities

  • Sewer: Septic Tank
  • Water Source: Other
  • Cooling: Ceiling Fan(s), Electric, Paddle Fans
  • Cooling Y N: Yes
  • Electric: Circuit Breakers, Fuse Box
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: In Garage
  • Security: Fire Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Private Roads

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 503935080240
  • Lot Size Sq Ft: 95464
  • Zoning: A-1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 13243

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
$2,311,203

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
10.12%
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
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 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: 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 $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

  • Joe Caprio

    Seller's Agent in 2020

    Joe Caprio

    Joe Caprio & Co. Real Estate

    (954) 434-1776

    24 in this area

    136 Total Sales

    Joe Caprio
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10225858

MIAMI REALTORS® MLS

APN: 50-39-35-08-0240

Florida Broward County Southwest Ranches 33332

5501 SW 198th Terrace, Southwest Ranches, FL

This home is located at 5501 SW 198th Terrace, Southwest Ranches, FL 33332 and is currently priced at $959,000, approximately $179 per square foot. This property was built in 2001. 5501 SW 198th Terrace is a home located in Broward County with nearby schools including Manatee Bay Elementary School, Silver Trail Middle School, and West Broward High School.

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