NOT LISTED FOR SALE

5574 SW 28th Terrace Fort Lauderdale, FL 33312

Estimated Value: $349,000 - $385,000

3 Beds
2 Baths
1,264 Sq Ft
$296/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $235,000 $186 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $2,437/month

8 Days on Market

Highlights

  • Lake Front
  • Vaulted Ceiling
  • Sun or Florida Room
  • Newly Remodeled
  • Wood Flooring
  • Skylights

About This Home

As of October 2020

Located on a pristine lake, this 3 bedroom 2 bath villa is sure to impress even the pickiest of buyers. There simply isn't a 3/2 in the area that offers this much for less. Home features an updated kitchen with granite counters and stainless appliances, AC 2018, updated bathrooms, New flooring, freshly painted, roll down shutters on all windows, fully enclosed Florida room with gorgeous views of the lake. Bedrooms are generously sized, WIC in Master Bedroom. Living area has vaulted ceiling with new LED lighting and a flow through design that gives the home a larger feeling then the square footage suggests. 2 assigned parking spaces directly in front of the unit. Community is very well maintained. Low HOA fees, Walk to houses of worship, shopping and more. Hurry, this one wont last long.

Last Agent to Sell the Property

Liran Hassin

Wharton Realty Group, LLC License #3234801 Listed on: 08/06/2020

Last Buyer's Agent

Robert Menard

MMLS Assoc.-Inactive Member License #3307934

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,687

Year Built

  • Built in 1987 | Newly Remodeled

Lot Details

  • 25 Ft Wide Lot
  • Lake Front
  • West Facing Home
  • Zero Lot Line

HOA Fees

  • $115 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,264 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • French Doors
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Lake Views

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Roll Down Shutters
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Twin Lakes Gardens Subdivision
  • Mandatory home owners association
  • Maintained Community
  • The community has rules related to no recreational vehicles or boats

Listing and Financial Details

  • Assessor Parcel Number 504232430044

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,687

Year Built

Built in 1987 | Newly Remodeled

Lot Details

0

HOA Fees

$115 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: TWIN LAKES GARDENS
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, French Doors, Skylight, Vaulted Ceiling(s), Walk-In Closet(s), Florida Room, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 1264
  • Possible Use: Primary
  • Window Features: Complete RollDown Shutters, Partial Electric Power Shutters, Skylight
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Ground Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Florida Room, Other
  • Master Bathroom Features: Shower Only

Exterior Features

  • Roof: Shingle
  • View: Lake
  • Exterior Features: Lighting, Other
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: Zero Lot Line
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: WF/No Ocean Access, Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: TWIN LAKES GARDENS
  • Parking Features: Guest, Other, Limited # Of Vehicle, No Rv/Boats

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association Fee: 115
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Maintained Community, Mandatory Hoa
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 504232430044
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4687

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2020
Closed on
Oct 5, 2020
Sold by
Kohan Joshua
Bought by
Piquion Donald Steven
Seller's Agent
Liran Hassin
Wharton Realty Group, LLC
Buyer's Agent
Robert Menard
MMLS Assoc.-Inactive Member
List Price
$240,000
Sold Price
$235,000
Premium/Discount to List
-$5,000
-2.08%
Current Estimated Value
$374,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,117
Avg. Annual Appreciation
9.73%
Original Mortgage
$203,245
Outstanding Balance
$180,446
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$193,671

Purchase Details

Listed on
Feb 17, 2016
Closed on
May 12, 2016
Sold by
H & A Equity Llc
Bought by
Kohan Joshua
Seller's Agent
Ronen Gur
Blue Sky Real Estate Group Inc
List Price
$209,900
Sold Price
$191,000
Premium/Discount to List
-$18,900
-9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.77%

Purchase Details

Closed on
Dec 22, 2015
Sold by
Obrie Agatha
Bought by
H&A Equity Llc

Purchase Details

Closed on
Sep 28, 2015
Sold by
Obrien Agatha and Agatha Timothy
Bought by
Joseph Loruis

Purchase Details

Closed on
Mar 14, 2006
Sold by
Gefen Gertrude and Gefen Isaac
Bought by
Obrien Timothy and Obrien Agatha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
8.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 1998
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Apr 7, 1995
Sold by
Fisher Margaret I
Bought by
Sharaby Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,100
Interest Rate
8.49%

Purchase Details

Closed on
Aug 1, 1988
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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Average Value
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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
Piquion Donald Steven $235,000 Title Geeks Llc
Kohan Joshua $191,000 Attorney
H&A Equity Llc $146,200 None Available
Joseph Loruis $34,100 None Available
Obrien Timothy $260,000 Eccorp Title Company Inc
Available Not $10,000 --
Sharaby Sharon $77,900 --
Available Not $53,350 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Piquion Donald Steven $203,245
Previous Owner Obrien Timothy $234,000
Previous Owner Sharaby Sharon $70,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2020 10/23/20 Sold $235,000 -2.1% $186 / Sq Ft
08/14/2020 08/14/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $240,000 +25.7% $190 / Sq Ft
05/12/2016 05/12/16 Sold $191,000 -9.0% $184 / Sq Ft View Prior Sale
04/12/2016 04/12/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $209,900 -- $202 / 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 $4,324 $235,900 -- --
2024 $4,164 $229,260 -- --
2023 $4,164 $222,590 $0 $0
2022 $3,975 $216,110 $0 $0
2021 $3,934 $209,820 $11,330 $198,490
2020 $4,967 $223,870 $11,330 $212,540
2019 $4,687 $208,060 $11,330 $196,730
2018 $4,458 $200,140 $11,330 $188,810
2017 $4,129 $181,450 $0 $0
2016 $3,952 $169,910 $0 $0
2015 $1,779 $100,630 $0 $0
2014 $1,686 $99,840 $0 $0
2013 -- $104,200 $17,000 $87,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10906315

MIAMI REALTORS® MLS

APN: 50-42-32-43-0044