NOT LISTED FOR SALE

5941 SW 198th Terrace Southwest Ranches, FL 33332

Estimated Value: $2,133,000 - $2,463,344

4 Beds
3.5 Baths
4,825 Sq Ft
$489/Sq Ft Est. Value

Last Sold July 17, 2024

Last sale price $2,395,000 $496 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $15,008/month

28 Days on Market

Highlights

  • Horses Allowed On Property
  • 119,386 Sq Ft lot
  • Marble Flooring
  • Manatee Bay Elementary School Rated A
  • Room in yard for a pool
  • Garden View

About This Home

As of July 2024

***INDULGE IN THE EPITOME OF OPULENT LIVING IN SOUTHWEST RANCHES W/THIS EXQUISITE 4 BED /3.5 BATH RESIDENCE!!!** ON NEARLY 3 ACRES, SPRAWLING OVER 4,825 SQFT, IT BOASTS A WALLED &GATED ENTRANCE FOR UNPARALLELED PRIVACY. COMPLETE RENOVATIONS INCLUDE BRAND NEW KITCHEN WITH QUARTZ COUNTERTOPS AND STAINLESS STEEL APPLIANCES. FOUR NEW BRAND NEW BATHROOMS, TWO NEW A/C'S. ALL NEW FLOORING IN BEDROOMS AND SECOND FLOOR. NEW RECESSED LED LIGHTING THROUGHOUT. NEW IMPACT WINDOWS AND A BRAND-NEW ROOF ENSURE LUXURY, SAFETY, AND ENERGY EFFICIENCY. SURROUNDED BY LUSH GREENERY WITH EXTENDED YARD SPACE, THIS RESIDENCE OFFERS THE BEST DEAL IN THIS COVETED COMMUNITY. DON'T MISS YOUR CHANCE TO TRANSFORM IT INTO YOUR OWN HAVEN!

Last Agent to Sell the Property

Thomas Crivello

Tommy Crivello Real Estate Group License #3222956 Listed on: 06/18/2024

Last Buyer's Agent

Thomas Crivello

Tommy Crivello Real Estate Group License #3222956 Listed on: 06/18/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,755

Year Built

  • Built in 1993

Lot Details

  • 2.74 Acre Lot
  • Lot Dimensions are 372 x 312
  • Cul-De-Sac
  • East Facing Home
  • Fenced
  • Property is zoned A-1

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway

Home Design

  • Spanish Tile Roof

Interior Spaces

  • 4,825 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Utility Room
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Room in yard for a pool
  • Courtyard
  • Patio

Schools

  • Manatee Bay Elementary School
  • Silver Trail Middle School
  • West Broward High School

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Central Heating and Cooling System
  • Well
  • Water Softener is Owned
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 503935080360

Community Details

Overview

  • 198 Terrace Plat Subdivision

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,755

Year Built

Built in 1993

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: TAKE I-75 AND EXIT GRIFFIN ROAD WEST. MAKE A LEFT ONTO 198TH TERRACE. THE HOME IS ON THE RIGHT-HAND SIDE.
  • Year Built: 1993
  • Horses: Yes
  • Architectural Style: Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Bidet, Breakfast Area, Convertible Bedroom, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, High Ceilings, Kitchen Island, Other, Split Bedrooms, Separate Shower, Walk-In Closet(s)
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Other, Refrigerator, Water Softener Owned, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble, Vinyl, Wood
  • Living Area: 4825.0
  • Dining Room Type: Den, Family Room, Laundry, Other, Utility Room
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Courtyard, Fence, Patio, Room For Pool
  • View: Garden, Other
  • Lot Features: 2-3 Acres, Cul-De-Sac
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block, Stucco
  • Direction Faces: East
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Spanish Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Driveway, Garage, Garage Door Opener

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Other
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 75.0
  • Community Features: Home Owners Association, Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Annually
  • Pets Allowed: Yes

Schools

  • Elementary School: Manatee Bay
  • High School: West Broward
  • Middle Or Junior School: Silver Trail

Lot Info

  • Parcel #: 503935080360
  • Horse Amenities: Horses Allowed
  • Lot Size: 372 x 312
  • Lot Size Sq Ft: 119386.0
  • Zoning Description: A-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 15755.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2024
Closed on
Jul 10, 2024
Sold by
Difede Anthony and Difede Renee
Bought by
Borges Aracely
Seller's Agent
Thomas Crivello
Tommy Crivello Real Estate Group
Buyer's Agent
Thomas Crivello
Tommy Crivello Real Estate Group
List Price
$2,495,000
Sold Price
$2,395,000
Premium/Discount to List
-$100,000
-4.01%
Views
3
Current Estimated Value
$2,358,336

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,664
Avg. Annual Appreciation
-0.42%
Original Mortgage
$2,000,000
Outstanding Balance
$1,984,867
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$397,985

Purchase Details

Closed on
Dec 12, 2023
Sold by
Biddings Erica
Bought by
Difede Anthony and Difede Renee

Purchase Details

Closed on
Nov 5, 2010
Sold by
Chang Richard A and Chang Kimberly
Bought by
Major Erica and Biddings Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 2004
Sold by
Chang David and Chang Yuk Mei
Bought by
Chang Richard A and Chang Kimberley

Purchase Details

Closed on
Dec 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
Borges Aracely $2,395,000 South Coast Title
Difede Anthony $1,260,000 None Listed On Document
Major Erica $589,900 Attorney
Major Erica $589,900 Attorney
Chang Richard A -- --
Available Not $47,929 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borges Aracely $2,000,000
Previous Owner Major Erica $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2024 07/17/24 Sold $2,395,000 -4.0% $496 / Sq Ft
06/18/2024 06/18/24 For Sale $2,495,000 -- $517 / 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 $29,988 $1,638,330 $477,540 $1,160,790
2024 $15,755 $1,638,330 $477,540 $1,160,790
2023 $15,755 $618,610 $0 $0
2022 $15,064 $600,600 $0 $0
2021 $14,565 $583,110 $0 $0
2020 $10,877 $575,060 $0 $0
2019 $10,890 $562,140 $0 $0
2018 $10,716 $551,660 $0 $0
2017 $10,125 $540,320 $0 $0
2016 $9,874 $529,210 $0 $0
2015 $9,965 $525,540 $0 $0
2014 $9,986 $521,370 $0 $0
2013 -- $520,750 $358,160 $162,590
Source: Public Records

Agents Affiliated with this Home

  • Thomas Crivello

    Seller's Agent in 2024

    Thomas Crivello

    Tommy Crivello Real Estate Group

    (954) 650-1766

    27 in this area

    123 Total Sales

    Thomas Crivello
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10446636

BeachesMLS (Greater Fort Lauderdale)

APN: 50-39-35-08-0360

Florida Broward County Southwest Ranches 33332

5941 SW 198th Terrace, Southwest Ranches, FL

This home is located at 5941 SW 198th Terrace, Southwest Ranches, FL 33332 since 18 June 2024 and is currently estimated at $2,358,336, approximately $488 per square foot. This property was built in 1993. 5941 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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