NOT LISTED FOR SALE

Estimated Value: $715,000 - $782,000

4 Beds
2.5 Baths
2,375 Sq Ft
$315/Sq Ft Est. Value

Last Sold October 24, 2013

Last sale price $306,111 $129 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $4,684/month

42 Days on Market

Highlights

  • Lake Front
  • Gated Community
  • Roman Tub
  • Everglades High School Rated A-
  • Vaulted Ceiling
  • Loft

About This Home

As of October 2013

Gorgeous Lake Front Home! This spectacular 2-story home with vaulted ceilings is located in the gated community of Monarch Lakes and features a spacious living room, formal dining room, beautiful rod iron staircase, crown moldings, cherry wood kitchen ca binets, 4 bedrooms, 2.5 baths, family room, loft and a 2-car garage. Large master bedroom features a walk-in-closet, master bath w/a roman tub, glass enclosed shower and double sinks. Enjoy breathtaking view of the lake from the relaxing covered patio.

Last Agent to Sell the Property

Norka Diaz

Norka Realty Inc License #0424641 Listed on: 06/07/2013

Co-Listed By

Craig Rittenhouse

Norka Realty Inc License #3167066

Last Buyer's Agent

Deborah Largie

Charles Rutenberg Realty FTL License #3260083

Charles Rutenberg Realty FTL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,999

Year Built

  • Built in 2002

Lot Details

  • 9,011 Sq Ft Lot
  • Lake Front
  • South Facing Home

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Paver Block
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,375 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Family Room
  • Formal Dining Room
  • Loft
  • Lake Views
  • Washer and Dryer Hookup

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 514026050940

Community Details

Overview

  • Pod 6 At Monarch Lakes 16 Subdivision
  • Mandatory home owners association
  • Maintained Community

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,999

Year Built

Built in 2002

Lot Details

0

HOA Fees

$110 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2002
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: S FLAMINGO ROAD TURN WEST ONTO SW 25 ST/MONARCH LAKES, TURN LEFT ONTO SW 126 WAY (GATE ACCESS REQUIRED), TURN LEFT ONTO SW 28 STREET TO PROPERTY ON THE RIGHT.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: POD 6 AT MONARCH LAKES 16
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Water Heater
  • Interior Amenities: First Floor Entry, Roman Tub, Vaulted Ceiling(s), Walk-In Closet(s), Family Room, Loft
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 2375
  • Possible Use: Primary
  • Window Features: Hurricane Shutters
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Formal Dining
  • Living Room Features: Family Room, Loft
  • Master Bathroom Features: Separate Tub & Shower, Dual Sinks

Exterior Features

  • Roof: Barrel Roof
  • View: Lake
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/No Ocean Access, Lake
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: POD 6 AT MONARCH LAKES 16
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association Fee: 110
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Gated, Maintained Community, Mandatory Hoa
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 514026050940
  • Lot Size Sq Ft: 9011
  • Zoning: SINGLE
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 4999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2013
Closed on
Oct 24, 2013
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Bordas Bianca D
Seller's Agent
Norka Diaz
Norka Realty Inc
Buyer's Agent
Deborah Largie
Charles Rutenberg Realty FTL
List Price
$355,000
Sold Price
$306,111
Premium/Discount to List
-$48,889
-13.77%
Current Estimated Value
$748,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,953
Avg. Annual Appreciation
8.13%
Original Mortgage
$306,111
Outstanding Balance
$234,269
Interest Rate
4.52%
Mortgage Type
New Conventional
Estimated Equity
$544,461

Purchase Details

Closed on
Oct 9, 2012
Sold by
Flagstar Bank Fsb
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Aug 21, 2012
Sold by
Santiago Javier and Santiago Gloria Elizabeth
Bought by
Flagstar Bank Fsb

Purchase Details

Closed on
Oct 9, 2008
Sold by
Cowart Torsan C and Francis Cowart Eugenia
Bought by
Santiago Javier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$302,990
Interest Rate
6.34%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 12, 2001
Sold by
Melrose Homes Inc
Bought by
Cowart Torsan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,053
Interest Rate
6.89%

Purchase Details

Closed on
Apr 7, 1998
Sold by
Glassman Development Corp
Bought by
Melrose Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$9,985,000
Interest Rate
6.95%
Mortgage Type
New Conventional
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
Bordas Bianca D $306,200 Attorney
Secretary Of Housing & Urban Development $300,100 Ras Title Llc
Flagstar Bank Fsb $260,100 None Available
Santiago Javier $332,500 Consolidated Title Company
Cowart Torsan C $231,200 Gulfstream Title Company
Melrose Homes Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bordas Bianca D $306,111
Previous Owner Santiago Javier $302,990
Previous Owner Cowart Torsan C $208,053
Previous Owner Melrose Homes Inc $9,985,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2013 10/24/13 Sold $306,111 -13.8% $129 / Sq Ft
07/19/2013 07/19/13 Pending -- -- --
07/13/2013 07/13/13 For Sale $355,000 0.0% $149 / Sq Ft
07/09/2013 07/09/13 Pending -- -- --
07/03/2013 07/03/13 For Sale $355,000 0.0% $149 / Sq Ft
06/17/2013 06/17/13 Pending -- -- --
06/06/2013 06/06/13 For Sale $355,000 -- $149 / 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 $7,298 $384,790 -- --
2024 $7,125 $373,950 -- --
2023 $7,125 $363,060 $0 $0
2022 $6,677 $352,490 $0 $0
2021 $6,577 $342,230 $0 $0
2020 $6,505 $337,510 $0 $0
2019 $6,429 $329,930 $0 $0
2018 $6,192 $323,780 $0 $0
2017 $5,986 $317,130 $0 $0
2016 $5,965 $310,610 $0 $0
2015 $6,004 $308,460 $0 $0
2014 $5,963 $306,020 $0 $0
2013 -- $283,670 $57,030 $226,640
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A1797777

MIAMI REALTORS® MLS

APN: 51-40-26-05-0940