NOT LISTED FOR SALE

5130 SW 40th Ave Unit 5B Fort Lauderdale, FL 33314

Estimated Value: $219,000 - $232,980

2 Beds
2 Baths
1,200 Sq Ft
1,089 Sq Ft Lot

Last Sold October 23, 2024

Last sale price $225,000 $188 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,516/month

11 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Walk-In Closet
  • Garden View
  • Screened Balcony
  • Community Barbecue Grill

About This Home

As of October 2024

Introducing a beautifully spacious freshly painted 1,200 sq ft condo in the highly desirable area! This recently updated gem boasts two bedrooms, two full bathrooms, and new flooring throughout. Step out onto the generous patio, offering serene garden views—perfect for relaxation. Ideally situated, this condo is just moments from the Seminole Hard Rock Hotel & Casino, Turnpike, I-95, and all the local entertainment hotspots. Enjoy a quick 10-minute drive to FLL International Airport and only 15 minutes to the beach. Upcoming building renovations will include upgrades to various features as part of the building's 40-year certification process.

Last Listed By

Victoria Korotaeva

London Foster Realty License #3300877 Listed on: 08/09/2024

London Foster Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,786

Year Built

  • Built in 1972

Lot Details

  • 1,089

Home Design

  • Garden Apartment

Interior Spaces

  • 1,200 Sq Ft Home
  • 2-Story Property
  • Vinyl Flooring
  • Garden Views
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Screened Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 504231AB0050

Community Details

Overview

  • Property has a Home Owners Association
  • Oak Hills Condo
  • Oak Hills Condo No Ii Subdivision

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $546

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,786

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: OAK HILLS CONDO NO II
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Microwave, Refrigerator
  • Interior Amenities: Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Vinyl
  • Furnished: Unfurnished
  • Living Area: 1200
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: Other

Exterior Features

  • View: Garden View
  • Exterior Features: Screened Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: OAK HILLS CONDO
  • Parking Features: 2 Or More Spaces, Assigned, Guest

Utilities

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

Condo/Co-op/Association

  • Amenities: Barbecue, Clubhouse-Clubroom, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 504231AB0050
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 546

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2786

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2024
Closed on
Oct 23, 2024
Sold by
London Bonnie
Bought by
Abramov Luiza
Seller's Agent
Victoria Korotaeva
London Foster Realty
Buyer's Agent
Iryna Isenko
Bachmann Realty, LLC.
List Price
$239,000
Sold Price
$225,000
Premium/Discount to List
-$14,000
-5.86%
Total Days on Market
11
Views
27
Current Estimated Value
$227,995

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,995
Avg. Annual Appreciation
2.68%

Purchase Details

Closed on
Apr 10, 2001
Sold by
Rocco L Ciarelli M and Lucy C Ciarelli M
Bought by
Matocchio Bonnie

Purchase Details

Closed on
Mar 1, 1988
Sold by
Available Not
Bought by
Available Not

Range of Values:

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Average Value
Not Available
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
Abramov Luiza $225,000 None Listed On Document
Matocchio Bonnie $60,000 --
Available Not $35,357 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner London Bonnie $65,000
Previous Owner London Bonnie $86,481
Previous Owner Martocchio Bonnie $28,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2024 10/23/24 Sold $225,000 -5.9% $188 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
08/09/2024 08/09/24 For Sale $239,000 -- $199 / 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 $2,919 $182,880 $18,290 $164,590
2024 $2,786 $182,880 $18,290 $164,590
2023 $2,786 $105,640 $0 $0
2022 $2,370 $96,040 $0 $0
2021 $2,200 $87,310 $0 $0
2020 $2,063 $122,840 $12,280 $110,560
2019 $1,925 $114,000 $11,400 $102,600
2018 $1,884 $126,290 $12,630 $113,660
2017 $1,508 $59,650 $0 $0
2016 $1,441 $54,230 $0 $0
2015 $1,380 $49,300 $0 $0
2014 $1,117 $44,820 $0 $0
2013 -- $43,640 $4,360 $39,280
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11638525

MIAMI REALTORS® MLS

APN: 50-42-31-AB-0050