NOT LISTED FOR SALE

Estimated Value: $280,834 - $464,000

2 Beds
2 Baths
1,000 Sq Ft
$340/mo HOA Fee

Last Sold December 10, 2015

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

Est. 70% increase in value since last sale

Current estimated payment $2,654/month

11 Days on Market

Highlights

  • Home fronts a lagoon or estuary
  • Marble Flooring
  • Balcony
  • Lagoon View
  • Community Pool
  • Walk-In Closet

About This Home

As of December 2015

GREAT 2 BED/2BATH UNIT WITHIN ONE MILE FROM THE BEACH...NEXT TO STATE PARK...FULLY REMODEL WITH MARBLE FLOORS, NEW KITCHEN CABINET AND APPLIANCES, LAGOON VIEW...This property is eligible under the Freddie Mac First Look Initiative through 11/04/15. Invest ors and second home purchasers may submit offers at any time however offers will not be considered for negotiation for the first 20 days. Seller offers $500 credit toward home warranty plan for owner occupant buyers.

Last Agent to Sell the Property

Carlos Cruz

World Impact Real Estate License #635841 Listed on: 10/15/2015

Co-Listed By

Israel Ameijeiras

World Impact Real Estate License #0483456

Last Buyer's Agent

Arnold Vargas

Related ISG Realty, LLC. License #3306996

Related ISG Realty, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,017

Year Built

  • Built in 2000

Lot Details

  • Home fronts a lagoon or estuary
  • South Facing Home

HOA Fees

  • $340 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room
  • Marble Flooring
  • Lagoon Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Assigned Parking

Additional Features

  • Balcony
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 514202AE0540

Community Details

Overview

  • Low-Rise Condominium
  • Sheridan Ocean Club Condos
  • Sheridan Ocean Club Subdivision, Remodel Floorplan

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $317

Security

  • Security Guard
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,017

Year Built

Built in 2000

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2000
  • Property Sub Type: Condominium
  • Directions: SHERIDAN STREET EAST OF US1 TO ENTRANCE TO SHERIDAN OCEAN CLUB, (ACROSS THE STREET FROM THE ENTRANCE TO WEST LAKE PARK). IMMEDIATE RIGHT AFTER GATE, THEN RIGHT AGAIN TO BUILDING 2731. GUEST SPOTS ON THE SOUTH SIDE OF BLDG.
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • Unit Levels: 0
  • Master Model: REMODEL
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: SHERIDAN OCEAN CLUB
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Electric Range
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble, Other
  • Furnished: Unfurnished
  • Living Area: 1000
  • Possible Use: Secondary
  • Stories: 3
  • Window Features: Hurricane Shutters, Other Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Lagoon
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lagoon
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: SHERIDAN OCEAN CLUB
  • Parking Features: Assigned, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Complex Fenced, Guard At Site

Condo/Co-op/Association

  • Association Fee: 340
  • Amenities: Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 514202AE0540
  • Lot Size Sq Ft: 1100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 317

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2015
Closed on
Dec 10, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Orejuela Guillermo and Orejuela Maria D
Seller's Agent
Carlos Cruz
World Impact Real Estate
Buyer's Agent
Arnold Vargas
Related ISG Realty, LLC.
List Price
$219,900
Sold Price
$200,000
Premium/Discount to List
-$19,900
-9.05%
Current Estimated Value
$340,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$140,209
Avg. Annual Appreciation
5.38%
Original Mortgage
$120,000
Outstanding Balance
$94,885
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$238,927

Purchase Details

Closed on
Mar 3, 2015
Sold by
South Broward Hospital Dist
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 27, 2015
Sold by
Harris Michael and Smith Ellena
Bought by
Harris Michael A and Smith Ellena

Purchase Details

Closed on
Jun 20, 2007
Sold by
Sheridan 62 Inc
Bought by
Harris Michael and Smith Ellena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage
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
Orejuela Guillermo $200,000 Consumer Title & Escrow Svcs
Federal Home Loan Mortgage Corporation $113,500 None Available
Harris Michael A -- None Available
Harris Michael $237,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orejuela Guillermo $120,000
Previous Owner Harris Michael $189,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2015 12/10/15 Sold $200,000 -9.0% $200 / Sq Ft
10/28/2015 10/28/15 For Sale $219,900 +10.0% $220 / Sq Ft
10/27/2015 10/27/15 Off Market $200,000 -- --
10/27/2015 10/27/15 Pending -- -- --
10/15/2015 10/15/15 For Sale $2,199 -- $2 / 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 $6,017 $205,030 -- --
2024 $3,534 $199,260 $27,000 $243,000
2023 $3,534 $193,460 $0 $0
2022 $3,340 $187,830 $0 $0
2021 $3,248 $182,360 $18,240 $164,120
2020 $3,284 $184,190 $18,420 $165,770
2019 $3,408 $187,660 $0 $0
2018 $3,254 $184,170 $18,420 $165,750
2017 $3,212 $184,500 $0 $0
2016 $3,225 $181,930 $0 $0
2015 $3,295 $129,150 $0 $0
2014 $3,018 $117,410 $0 $0
2013 -- $106,740 $10,670 $96,070
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A2189398

MIAMI REALTORS® MLS

APN: 51-42-02-AE-0540