NOT LISTED FOR SALE

857 SW 118th Terrace Davie, FL 33325

Rexmere Village Neighborhood

Estimated Value: $415,000 - $441,776

3 Beds
2.5 Baths
1,489 Sq Ft
$287/Sq Ft Est. Value

Last Sold May 08, 2017

Last sale price $245,000 $165 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $2,916/month

7 Days on Market

Highlights

  • Lake Front
  • Wood Flooring
  • Tennis Courts
  • Fox Trail Elementary School Rated A-
  • Community Pool
  • Balcony

About This Home

As of May 2017

*CONTRACT UNDER REVEW AT THIS TIME* THIS 3 BEDROOM 2.5 BATH TOWN HOME LOCATED IN VILLAGE AT LAKE PINE HAS FANTASTIC LAKE VIEWS AND A VERY PRIVATE LOT. THE KITCHEN FEATURES UPGRADED WOOD CABINETRY, GRANITE COUNTER-TOPS & UPDATED APPLIANCES. TILE FLOORS THROUGHOUT THE 1ST FLOOR & WOOD LAMINATE UPSTAIRS/2ND FLOOR. ACCORDION HURRICANE SHUTTERS PROTECT THIS HOME ALONG WITH A NEWER ROOF. A/C UNIT WAS REPLACED IN 2012. TWO ASSIGNED PRIVATE PARKING SPOTS. PLENTY OF GUEST PARKING. EXCELLENT SCHOOLS.

Last Agent to Sell the Property

Michael Imperiale

Charles Rutenberg Realty FTL License #0612811 Listed on: 03/31/2017

Charles Rutenberg Realty FTL

Co-Listed By

Scott Todd

Charles Rutenberg Realty FTL License #3036516

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,984

Year Built

  • Built in 1983

Lot Details

  • Lake Front
  • West Facing Home

HOA Fees

  • $264 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,489 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Family Room
  • Combination Kitchen and Dining Room
  • Utility Room
  • Lake Views

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Balcony
  • Courtyard
  • Open Patio
  • Porch

Schools

  • Fox Trail Elementary School
  • Indian Ridge Middle School
  • Western High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 504012390490

Community Details

Overview

  • Association fees include amenities, common areas, ground maintenance, maintenance structure, parking, pool(s), reserve fund
  • 224 Units
  • Village At Lake Pine Subdivision, Quad Floorplan

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Picnic Area
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,984

Year Built

Built in 1983

Lot Details

0

HOA Fees

$264 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: EXIT FLAMINGO RD & GO EAST ON SR 84. AFTER FLAMINGO RD. MAKE A RIGHT ON SW 121ST AV. & FOLLOW SOUTH ABOUT 1/2 MILE TO FIRST ENTRANCE, THE VILLAGE AT LAKE PINE. MAKE LEFT, THEN A RIGHT TO THE SW 9TH CT. FOLLOW TO END OF STREET. ON THE LEFT -----> 857.
  • Year Built: 1983
  • Carport Y N: No
  • Entry Level: 1
  • Property Attached Yn: No
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Bar, Bedroom on Main Level, Dining Area, Dual Sinks, First Floor Entry, Kitchen/Dining Combo, Upper Level Master, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile, Wood
  • Living Area: 1489.0
  • Dining Room Type: Family Room, Laundry, Storage Room, Utility Room
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony, Courtyard, Porch
  • View: Lake
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Balcony, Open, Porch
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest, Two or More Spaces

Utilities

  • Security: Other, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 264.0
  • Senior Community: No
  • Amenities: Barbecue, Picnic Area, Pool, Tennis Court(s)
  • Association #2 Fee: 264.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: Conditional, Yes

Fee Information

  • Association Fee Includes: Amenities, Common Areas, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Reserve Fund

Schools

  • Elementary School: Fox Trail
  • High School: Western
  • Middle Or Junior School: Indian Ridge

Lot Info

  • Parcel #: 504012390490

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1984.0

Multi Family

  • Number Of Units In Community: 224

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2017
Closed on
May 6, 2017
Sold by
Bussiere Frank
Bought by
Farres Patrick
Seller's Agent
Michael Imperiale
Charles Rutenberg Realty FTL
List Price
$245,000
Sold Price
$245,000
Current Estimated Value
$427,444

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$182,444
Avg. Annual Appreciation
6.69%
Original Mortgage
$239,112
Outstanding Balance
$196,913
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$230,531

Purchase Details

Closed on
Mar 25, 2011
Sold by
Federal National Mortgage Association
Bought by
Bussiere Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,704
Interest Rate
4.85%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 28, 2011
Sold by
Onewest Bank Fsb
Bought by
Federal National Mortgage Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,704
Interest Rate
4.85%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 2010
Sold by
Merlucci Andre
Bought by
Onewest Bank Fsb

Purchase Details

Closed on
Nov 28, 2007
Sold by
Malovic Mladen and Malovic Neda
Bought by
Merlucci Andre and Merlucci Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 17, 1998
Sold by
Janis Tina M
Bought by
Malovic Mladen and Malovic Neda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,055
Interest Rate
6.58%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 1990
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Farres Patrick $245,000 Axis Title Llc
Farres Patrick $245,000 Axis Title Llc
Bussiere Frank $130,000 Attorney
Federal National Mortgage Association -- Watson Title Ins Agency Inc
Onewest Bank Fsb $200 None Available
Merlucci Andre $250,000 Priority Title Inc
Malovic Mladen $82,100 --
Available Not $58,929 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farres Patrick $239,112
Previous Owner Bussiere Frank $126,704
Previous Owner Merlucci Andre $250,000
Previous Owner Malovic Mladen $83,000
Previous Owner Malovic Mladen $82,055
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2017 05/08/17 Sold $245,000 0.0% $165 / Sq Ft
04/08/2017 04/08/17 Pending -- -- --
03/31/2017 03/31/17 For Sale $245,000 -- $165 / 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 $4,919 $261,050 -- --
2024 $4,806 $253,700 -- --
2023 $4,806 $246,320 $0 $0
2022 $4,454 $239,150 $0 $0
2021 $4,313 $232,190 $0 $0
2020 $4,294 $228,990 $0 $0
2019 $4,125 $223,850 $0 $0
2018 $3,989 $219,680 $28,750 $190,930
2017 $2,014 $121,490 $0 $0
2016 $1,984 $119,000 $0 $0
2015 $2,021 $118,180 $0 $0
2014 $2,033 $117,250 $0 $0
2013 -- $115,520 $28,670 $86,850
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Michael Imperiale

    Charles Rutenberg Realty FTL

    (954) 396-3001

    19 Total Sales

    Michael Imperiale
    Section Image

  • S

    Seller Co-Listing Agent in 2017

    Scott Todd

    Charles Rutenberg Realty FTL

    (954) 396-3001

    20 Total Sales

    Scott Todd
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: H10249770

BeachesMLS (Greater Fort Lauderdale)

APN: 50-40-12-39-0490

Florida Broward County Davie 33325 Rexmere Village

857 SW 118th Terrace, Davie, FL

Not Listed for Sale

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