5501 SW 198th Terrace Southwest Ranches, FL 33332
Southwest Ranches Neighborhood
4
Beds
3.5
Baths
5,355
Sq Ft
2.19
Acres
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 2020Owner 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.
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
Map
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Home Values in the Area
Average Home Value in this Area
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
| 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
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
Deed 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
Similar Homes in the area
Source: MIAMI REALTORS® MLS
MLS Number: A10225858
APN: 50-39-35-08-0240
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