NOT LISTED FOR SALE

Estimated Value: $3,520,000 - $4,707,000

5 Beds
4.5 Baths
5,298 Sq Ft
$740/Sq Ft Est. Value

Last Sold May 04, 2022

Last sale price $3,200,000 $604 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $24,394/month

484 Days on Market

Highlights

  • 200 Feet of Waterfront
  • Horses Allowed in Community
  • Lake View
  • Hawkes Bluff Elementary School Rated A-
  • Private Pool
  • 365,904 Sq Ft lot

About This Home

As of May 2022

ONE OF THE LARGEST LOTS IN SOUTHWEST RANCHES IS NOW AVAILABLE!!!. If you love wide open spaces, COME SEE THIS BEAUTIFUL 8.4-ACRES LOT IN THE TOWN OF SOUTHWEST RANCHES. Southwest Ranches is a rural paradise conveniently located in Southwest Broward County. This spacious property is located East of I-75 and South of Griffin Road nestled quietly at the end of a cul-de-sac road (Thoroughbred Lane). The property also has gated driveway access from Hancock Road.

BUILD YOUR DREAM HOUSE WITH PEACEFUL LAKE VIEWS AND PLENTY OF ROOM FOR A GUEST HOUSE AND MUCH MORE!

Enjoy fishing and canoeing on your private lake stocked with large bass. If you are a horse lover, there is room for a barn and pasture for your animals.

Last Agent to Sell the Property

Jiraporn Wasserman

LoKation License #3418239 Listed on: 12/05/2020

LoKation

Last Buyer's Agent

Joe Caprio

Joe Caprio & Co. Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,609

Year Built

  • Built in 1967

Lot Details

  • 8.4 Acre Lot
  • 200 Feet of Waterfront
  • Lake Front
  • North Facing Home
  • Fenced
  • Paved or Partially Paved Lot
  • Property is zoned RR

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 5,298 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Recreation Room
  • Workshop
  • Concrete Flooring
  • Lake Views
  • Electric Range

Bedrooms and Bathrooms

  • 5 Bedrooms

Parking

  • 2 Attached Carport Spaces
  • Driveway

Pool

  • Private Pool

Schools

  • Hawkes Bluff Elementary School
  • Silver Trail Middle School
  • West Broward High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 504034030080

Community Details

Overview

  • Sunshine Ranches Subdivision

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,609

Year Built

Built in 1967

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Take Griffin Road to Hancock Road, head South on Hancock Road. The property is on the West side of Hancock Road.
  • Year Built: 1967
  • Architectural Style: One Story
  • Carport Y N: Yes
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, First Floor Entry, Living/Dining Room, Main Level Master, Workshop
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Electric Range, Refrigerator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Concrete
  • Living Area: 5298.0
  • Dining Room Type: Family Room, Recreation, Workshop

Exterior Features

  • Exterior Features: Fence
  • View: Lake, Other, Water
  • Road Frontage Type: Waterfront
  • Lot Features: 5-10 Acres
  • Pool Features: In Ground, Pool
  • Pool Private: Yes
  • Road Surface Type: Paved
  • View: Yes
  • Waterfront Features: Lake Front, Other
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: North
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Carport Spaces: 2.0
  • Garage Yn: No
  • Parking Features: Attached Carport, Covered, Driveway

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 50.0
  • Community Features: Home Owners Association, Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Annually
  • Pets Allowed: No Pet Restrictions, Yes

Schools

  • Elementary School: Hawkes Bluff
  • High School: West Broward
  • Middle Or Junior School: Silver Trail

Lot Info

  • Parcel #: 504034030080
  • Horse Amenities: Horses Allowed
  • Lot Size Sq Ft: 365904.0
  • Zoning Description: RR
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 11609.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2024
Sold by
Rileys Estate Llc
Bought by
5701 Hancock Land Trust and Hotte
Current Estimated Value
$3,920,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$16,000,000
Outstanding Balance
$15,867,937
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
-$11,773,937

Purchase Details

Listed on
Apr 15, 2020
Closed on
Jun 15, 2020
Sold by
Tutor Valerie Hancock and Hancock Kelly
Bought by
Nix Jack Vernon and Nix Rosemarie
Seller's Agent
Valerie Tutor
Kingfisher Real Estate Inc.
Buyer's Agent
Valerie Tutor
Kingfisher Real Estate Inc.
List Price
$2,900,000
Sold Price
$2,500,000
Premium/Discount to List
-$400,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.79%

Purchase Details

Closed on
Feb 3, 2004
Sold by
Hancock Judy F
Bought by
Hancock Judy and The Judy Hancock Revocable Trust
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
5701 Hancock Land Trust $12,998,600 None Listed On Document
Nix Jack Vernon $2,500,000 Superior Ttl Svcs Of Sanibel
Hancock Judy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5701 Hancock Land Trust $16,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2022 05/04/22 Sold $3,200,000 -5.9% $604 / Sq Ft
04/04/2022 04/04/22 Pending -- -- --
12/05/2020 12/05/20 For Sale $3,400,000 +36.0% $642 / Sq Ft
06/15/2020 06/15/20 Sold $2,500,000 -13.8% $333 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
04/15/2020 04/15/20 For Sale $2,900,000 -- $387 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $44,219 $3,017,390 $3,017,390 --
2024 $40,542 $3,017,390 $3,017,390 --
2023 $40,542 $1,967,870 $1,967,870 --
2022 $10,653 $1,049,530 $1,049,530 $0
2021 $40,542 $2,193,300 $1,464,140 $729,160
2020 $11,588 $611,930 $0 $0
2019 $11,609 $598,180 $0 $0
2018 $11,410 $587,030 $0 $0
2017 $10,780 $574,960 $0 $0
2016 $10,546 $563,140 $0 $0
2015 $10,653 $559,230 $0 $0
2014 $10,679 $554,800 $0 $0
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10261468

BeachesMLS (Greater Fort Lauderdale)

APN: 50-40-34-03-0080