NOT LISTED FOR SALE

Estimated Value: $178,000 - $228,000

2 Beds
2 Baths
1,040 Sq Ft
$364/mo HOA Fee

Last Sold December 22, 2021

Last sale price $125,000 $120 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $1,798/month

106 Days on Market

Highlights

  • Lake Front
  • Community Spa
  • Ceramic Tile Flooring
  • Sauna
  • Tennis Courts
  • Guest Parking

About This Home

As of December 2021

Don't miss this one - 2BR/2BA unit with washer & dryer in a beautiful and tranquil all ages community. This lake front condo is perfect for investors or owner occupants. Community features pool & spa, tennis courts, sauna, fitness room, club room, billiards, walking/biking trail & so much more. Water, trash, basic cable, and all amenities included. Unit has dishwasher, washer & dryer. Unit is a great opportunity for owner occupants or investors to come in and put their personal touches to this condo. Great location across from Veterans Park. Near stores, restaurants, entertainment. Unit is sold AS-IS. This property is a Reverse Mortgage Property and the transaction is governed by HUD Guidelines for Offers, price reductions and repairs. MLS info deemed reliable but should be verified.

Last Agent to Sell the Property

Jacob Simonson

MMLS Assoc.-Inactive Member License #3491982 Listed on: 09/09/2021

Co-Listed By

Alyse Iuzzolino

Cornerstone Real Estate Broker License #3209865

Last Buyer's Agent

Abdulla Richards

AR1 State of Art Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,122

Year Built

  • Built in 1982

Lot Details

  • Lake Front
  • East Facing Home

HOA Fees

  • $364 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction
  • Composition Shingle

Interior Spaces

  • 1,040 Sq Ft Home
  • Lake Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Parking

  • 1 Car Parking Space
  • Guest Parking

Schools

  • Banyan Elementary School
  • Westpine Middle School
  • Piper High School

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 494116AC1920

Community Details

Overview

  • Cascades Condos
  • Cascades Of Lauderhill Co Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 5-Story Property

Amenities

  • Sauna
  • Trash Chute
  • Community Library
  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Spa
  • Bike Trail

Pet Policy

  • No Pets Allowed

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,122

Year Built

Built in 1982

Lot Details

0

HOA Fees

$364 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Property Sub Type: Condominium
  • Co List Office Mls Id: CORN01
  • Co List Office Phone: 754-235-3867
  • Directions: Coming from 95: take commercial west down to university & take left go south, make right on nw 50th st, left on nw 76th Terr Coming from 75: take commercial eastbound to Pine Island Rd take right head south, left NW 50th st will be on right hand side
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: CASCADES OF LAUDERHILL CO
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4116

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Electric Range, Washer
  • Interior Amenities: Third Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1040
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 5
  • Bedroom Features: Master Bath Shower
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Lake, Water View
  • Exterior Features: Exterior Cat Walk, None
  • Construction Type: CBS Construction, Composition Shingle
  • Direction Faces: East
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Cascades
  • Parking Features: 1 Space, Guest, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: No Security

Condo/Co-op/Association

  • Association Fee: 364
  • Amenities: Bike/Jog Path, Library, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Schools

  • Elementary School: Banyan
  • High School: Piper
  • Middle Or Junior School: Westpine

Lot Info

  • Parcel Number: 494116AC1920
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 364

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3122

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2021
Sold by
Reverse Mortgage Funding Llc
Bought by
Chung Jusang and Thomas Sinclar
Current Estimated Value
$212,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2021
Sold by
Ferro Vincent and Ferro Otavlo S
Bought by
Reverse Mortgage Funding Llc

Purchase Details

Closed on
Jan 19, 2006
Sold by
Ferro Ottavio and Ferro Frances
Bought by
Ferro Ottavio and Ferro Frances

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 4, 1998
Sold by
Torpey Anna
Bought by
Ferro Ottavio S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,800
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1984
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
Chung Jusang $125,000 First International Title
Reverse Mortgage Funding Llc $20,600 None Available
Ferro Ottavio -- Florida Equity Title Inc
Ferro Ottavio S $56,000 --
Available Not $36,964 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chung Jusang $112,500
Previous Owner Ferro Ottavio S $244,500
Previous Owner Ferro Ottavio $95,000
Previous Owner Ferro Ottavio S $60,000
Previous Owner Ferro Ottavio S $44,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2021 12/22/21 Sold $125,000 -3.8% $120 / Sq Ft
09/13/2021 09/13/21 Price Changed $130,000 +18.2% $125 / Sq Ft
09/07/2021 09/07/21 For Sale $110,000 -- $106 / 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 $3,333 $150,380 -- --
2024 $3,065 $148,470 -- --
2023 $3,065 $132,230 $0 $0
2022 $2,693 $124,170 $12,420 $111,750
2021 $3,051 $102,860 $10,290 $92,570
2020 $3,122 $107,820 $10,780 $97,040
2019 $2,892 $95,860 $9,590 $86,270
2018 $810 $38,970 $0 $0
2017 $762 $38,170 $0 $0
2016 $716 $37,390 $0 $0
2015 $717 $37,140 $0 $0
2014 $676 $36,850 $0 $0
2013 -- $41,360 $4,140 $37,220
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11095712

MIAMI REALTORS® MLS

APN: 49-41-16-AC-1920