NOT LISTED FOR SALE

Estimated Value: $215,348 - $239,000

2 Beds
2 Baths
1,144 Sq Ft
$238/mo HOA Fee

Last Sold July 03, 2019

Last sale price $104,500 $91 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $1,808/month

10 Days on Market

Highlights

  • Home fronts a pond
  • Lake View
  • Screened Balcony
  • Senior Community
  • Community Pool
  • Community Barbecue Grill

About This Home

As of July 2019

Great opportunity on this 2BR/2BA condo in the vibrant and well maintained 55+ community of Meadowbrook Lakes. Perfect place for your buyer to make this place their own, as this property has plenty of room, water view and great location. This property is a Reverse Mortgage Property and the transaction is governed by HUD Guidelines for offers,price reductions and repairs. The Seller does not pay for Owner's policy, transfer fees or recording fees. Utilities are not on at the property, as per HUD guidelines. IF UTILITIES ARE TURNED ON FOR INSPECTIONS THE UTILITIES WILL BE TURNED ON IN THE BUYER'S NAME AND ARE TO BE TURNED OFF IMMEDIATELY UPON THE INSPECTION TIME
FRAME EXPIRING. No Rentals are allowed during the first year of ownership. MLS info deemed reliable but should be verified

Last Agent to Sell the Property

Alyse Iuzzolino

Cornerstone Real Estate Broker License #3209865 Listed on: 05/27/2019

Last Buyer's Agent

Andrew Smith

MMLS Assoc.-Inactive Member License #3295021

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $951

Year Built

  • Built in 1975

HOA Fees

  • $238 Monthly HOA Fees

Parking

  • Assigned Parking

Interior Spaces

  • 1,144 Sq Ft Home
  • 4-Story Property
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Lake Views
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Additional Features

  • Screened Balcony
  • Home fronts a pond
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 514203AG0150

Community Details

Overview

  • Senior Community
  • Low-Rise Condominium
  • Meadowbrook Lakes Condos
  • Meadowbrook Lakes 3 Condo Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$951

Year Built

Built in 1975

Lot Details

0

HOA Fees

$238 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1975
  • Property Sub Type: Condominium
  • Directions: Sheridan St. to SE 2nd Ave in Dania Beach. North on 2nd Ave to SE 10th St. Turn rt (East) SE 10th to SE 3rd Ave, turn rt (South) and make immediate right into parking lot
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: MEADOWBROOK LAKES 3 CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1144
  • Possible Use: Investment
  • Stories: 4
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Lake
  • Exterior Features: Exterior Cat Walk, Screened Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Pond
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Meadowbrook Lakes
  • Parking Features: Assigned

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: No Security

Condo/Co-op/Association

  • Association Fee: 714
  • Amenities: Barbecue, Pool
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Senior Community: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 514203AG0150
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 714

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 951

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2021
Sold by
Vannguyen Huu Van
Bought by
Lavallee Bernard and Lavallee Rejeanne
Current Estimated Value
$226,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,800
Outstanding Balance
$103,875
Interest Rate
3%
Mortgage Type
Credit Line Revolving
Estimated Equity
$125,146

Purchase Details

Listed on
May 27, 2019
Closed on
Jun 24, 2019
Sold by
Reverse Mortgage Funding Llc
Bought by
Vannguyen Huu
Seller's Agent
Alyse Iuzzolino
Cornerstone Real Estate Broker
Buyer's Agent
Andrew Smith
MMLS Assoc.-Inactive Member
List Price
$140,000
Sold Price
$104,500
Premium/Discount to List
-$35,500
-25.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.58%

Purchase Details

Listed on
May 27, 2019
Closed on
May 23, 2019
Sold by
Reverse Mortgage Solutions Inc
Bought by
Reverse Mortgage Funding Llc
Seller's Agent
Alyse Iuzzolino
Cornerstone Real Estate Broker
Buyer's Agent
Andrew Smith
MMLS Assoc.-Inactive Member
List Price
$140,000
Sold Price
$104,500
Premium/Discount to List
-$35,500
-25.36%

Purchase Details

Closed on
Feb 19, 2019
Sold by
Gauthier Therese
Bought by
Reverse Mortgage Solution Inc

Purchase Details

Closed on
Dec 7, 2001
Sold by
Palma Jose A and Gomez Argentina I
Bought by
Gauthier Pierre P and Gauthier Therese P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,000
Interest Rate
6.49%

Purchase Details

Closed on
Jul 26, 2000
Sold by
Feola Mary
Bought by
Palma Jose A and Gomez Argentina L

Purchase Details

Closed on
Jun 30, 1994
Sold by
Stolar Leonard U
Bought by
Feola Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
8.51%
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
Lavallee Bernard $143,500 Relative Tot Issuance Of Ttl
Vannguyen Huu $104,500 Attorney
Reverse Mortgage Funding Llc -- Attorney
Reverse Mortgage Solution Inc $108,200 None Available
Gauthier Pierre P $78,000 Consolidated Title Co
Palma Jose A $59,500 --
Feola Mary $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lavallee Bernard $114,800
Previous Owner Gauthier Pierre P $303,000
Previous Owner Gauthier Pierre P $82,000
Previous Owner Gauthier Pierre P $58,000
Previous Owner Feola Mary $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2019 07/03/19 Sold $104,500 -25.4% $91 / Sq Ft
06/06/2019 06/06/19 Pending -- -- --
05/27/2019 05/27/19 For Sale $140,000 -- $122 / 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 $4,055 $205,890 -- --
2024 $3,742 $205,890 -- --
2023 $3,742 $170,170 $0 $0
2022 $3,164 $154,700 $15,470 $139,230
2021 $2,594 $109,200 $0 $0
2020 $2,159 $99,280 $9,930 $89,350
2019 $998 $81,150 $0 $0
2018 $951 $79,640 $0 $0
2017 $606 $78,010 $0 $0
2016 $598 $76,410 $0 $0
2015 $600 $75,880 $0 $0
2014 $571 $75,280 $0 $0
2013 -- $94,130 $9,410 $84,720
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A10694268

MIAMI REALTORS® MLS

APN: 51-42-03-AG-0150