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$550,000 Sold Price
SOLD ON 05/24/16

5111 SW 198th Ter Southwest Ranches, FL 33332

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  • Single-Family Home
  • 3,460 sqft
  • Lot size: 2.19 acres
  • Built in 1988
  • Provided By:
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Property Details for 5111 SW 198th Ter


Description provided by Trulia
This Single-Family Home located at 5111 Southwest 198th Terrace, Southwest Ranches, FL sold for $550,000on May 24, 2016. 5111 SW 198th Ter has approximately 3,460 square feet. The property has a lot size of 2.19 acres and was built in 1988. The average listing price for similar homes for sale is $531,200. 5111 SW 198th Ter is in the 33332 ZIP code in Southwest Ranches, FL. The average price per square foot for homes for sale in 33332 is $217.

Public Records for 5111 SW 198th Ter


Official property, sales, and tax information from county (public) records as of 11/2015:
    • Single Family Residential
    • Built In 1988
    • Parking: Garage
    • 1 Unit
    • Subdivision: 198 TERRACE PLAT 128-26 B
    • 3,460 sqft
    • Stories: 1 story
    • Parking Spaces: 2
    • 1 Building
    • County: Broward
    • Lot Size: 2.19 acres
    • A/C: Central
    • Roof: Wood Shake/ Shingles
    • Foundation: Slab
    • Tax Rate Code Area: 3413

Affordability

Property Taxes and Assessment for 5111 SW 198th Ter


Land
Improvement
Total
$286,410
+
$206,980
=
$493,390
Year Tax Assessment Market
2016 N/A N/A $493,390 
2015 $5,381 $281,320  N/A
Source: Public Records

Price History & Trends


Price History for 5111 SW 198th Ter


Date Event Price Source Agents
05/24/2016 Sold view detail $550,000 Public records Public records  
  • Recording Date
    05/24/2016
  • Contract Date
    05/18/2016
  • Sale Price
    $550,000
  • Price Type
    Full amount computed from Transfer Tax or Excise Tax.
  • County Transfer Tax
    $0
  • Total Transfer Tax
    $3,850
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Warranty Deed
02/01/1992 Sold view detail $21,000,000 Public records Public records  
  • Recording Date
    02/01/1992
  • Contract Date
    02/01/1992
  • Sale Price
    $21,000,000
  • Price Type
    Sales price computed from Transfer Tax. No indication whether tax was paid on full or partial consideration.
  • County Transfer Tax
    $0
  • Transaction Type
    Insured Non-Residential Grant Deed
  • Document Type
    Warranty Deed

Real Estate Trends in 33332


Sale price for 5111 SW 198th Ter $550,000  
Average listing price for similar homes $531,200 3% below sale price
Average listing price for all homes in 33332 $881,494 38% above sale price
Median sale price for all homes in 33332 $600,000 9% above sale price


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