NOT LISTED FOR SALE

7940 NW 50th St Unit 102 Lauderhill, FL 33351

Inverrary Neighborhood

Estimated Value: $174,000 - $205,000

2 Beds
2 Baths
941 Sq Ft
$302/mo HOA Fee

Last Sold July 03, 2014

Last sale price $65,000 $69 Per Sq Ft

Est. 193% increase in value since last sale

Current estimated payment $1,657/month

42 Days on Market

Highlights

  • Lake Front
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of July 2014

Great condo! All ages! Association says "No Lease" for first 2 years. Must have income of at least $45K per year AND one year maintenance to be held in escrow for 3 years is required.

Last Listed By

Jeanine Kuflik

JK Realty Associates, LLC License #0678285 Listed on: 02/07/2014

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,350

Year Built

  • Built in 1982

Lot Details

  • 3.93

HOA Fees

  • $302 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2-Story Property
  • Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Lake Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 494116AC0500

Community Details

Overview

  • Cascades Of Lauderhill Condos

Pet Policy

  • No Pets Allowed

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,350

Year Built

Built in 1982

Lot Details

0

HOA Fees

$302 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • Property Sub Type: Condominium
  • Directions: UNIVERSITY DRIVE(SOUTH OF COMMERCIAL BLVD), WEST ON 50TH STREET(INVERRARY). COMMUNITY IS ON THE LEFT.
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: 12

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Bedroom Features: Other

Exterior Features

  • View: None
  • Exterior Features: None, Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: No
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Cascades of Lauderhill
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 302
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 494116AC0500
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 302

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1350

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2014
Closed on
Jun 30, 2014
Sold by
Perugini Michael and Perugini Karol
Bought by
Tavarez Jeanette
Seller's Agent
Jeanine Kuflik
JK Realty Associates, LLC
Buyer's Agent
Inzan Rahim
Century 21 Tenace Realty Inc
List Price
$72,000
Sold Price
$65,000
Premium/Discount to List
-$7,000
-9.72%
Total Days on Market
42
Current Estimated Value
$190,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,421
Avg. Annual Appreciation
10.42%
Original Mortgage
$52,000
Outstanding Balance
$40,451
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$149,551

Purchase Details

Closed on
Jan 24, 2005
Sold by
Perugini Karol N and Perugini Michael
Bought by
Perugini Michael and Perugini Karol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,400
Interest Rate
5.62%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Nov 1, 2002
Sold by
Torres Graig M
Bought by
Nunez Karol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
6.01%

Purchase Details

Closed on
Jun 6, 2000
Sold by
Torres Leonard C & Rosary M Tr
Bought by
Torres Craig M

Purchase Details

Closed on
Apr 1, 1989
Sold by
Available Not
Bought by
Available Not

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
Tavarez Jeanette $65,000 Accurate Title Agency Inc
Perugini Michael -- Premier Title & Research Inc
Nunez Karol $84,000 Premier Title & Research Inc
Torres Craig M $54,000 --
Available Not $7,857 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tavarez Jeanette $52,000
Previous Owner Perugini Michael $30,000
Previous Owner Perugini Michael $88,400
Previous Owner Nunez Karol $75,600
Previous Owner Torres Craig $55,015
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2014 07/03/14 Sold $65,000 +8.3% $69 / Sq Ft
03/21/2014 03/21/14 Pending -- -- --
02/26/2014 02/26/14 Price Changed $60,000 -16.7% $64 / Sq Ft
02/06/2014 02/06/14 For Sale $72,000 -- $77 / 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 $3,529 $115,230 -- --
2024 $3,166 $115,230 -- --
2023 $3,166 $95,240 $0 $0
2022 $2,696 $86,590 $0 $0
2021 $2,470 $78,720 $7,870 $70,850
2020 $2,466 $82,520 $8,250 $74,270
2019 $2,283 $73,370 $7,340 $66,030
2018 $2,076 $71,730 $7,170 $64,560
2017 $1,856 $58,610 $0 $0
2016 $1,770 $56,930 $0 $0
2015 $1,843 $58,600 $0 $0
2014 $1,488 $42,410 $0 $0
2013 -- $40,590 $4,060 $36,530
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A1904397

MIAMI REALTORS® MLS

APN: 49-41-16-AC-0500