See Home Value
$1,689,396*
House - Off Market

5350 SW 198th Ter

Southwest Ranches, FL 33332
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2692 Sqft
$1,530,000 - $1,870,000
Reference Base Price*
-0.62%
Since Oct 1, 2023
National-US
Primary Model
Sold Sep 19, 2023
$1,575,000
$1,181,250 by Genhome Mortgage Corporation
Mortgage Due Oct 01, 2053
Sold Feb 03, 2020
$775,000
$620,000 by Greenbox Loans Inc
Mortgage Due Feb 01, 2050

About This Property

Fantastic 2-acre waterfront property with 4 beds, 3 full baths, and a 3-car garage. This stunning home features an open layout, tile floors all throughout the living area, large living room with wood burning fireplace. Beautifully remodeled oversized chef's kitchen with a center Island, granite countertops, snack bar, and stainless steel appliances. Wood floors in all bedrooms. The master bedroom includes a walk-in closet, and a huge bathroom with a dual sink, shower, and tub. You will love the backyard patio with the amazing canal view. Perfect for outside dining or to BBQ with family and friends. The property is fenced. Plenty of space for building opportunities. An ABSOLUTE GEM in gorgeous Southwest Ranches!

The manager has listed the unit size as 2692 square feet.
Unit Size
2,692Ft²
Days on Market
-
Land Size
-
Price per sqft
$632
Property Type
House
Property Taxes
$931
HOA Dues
-
Year Built
1997

Price History

Date / Event Date Event Price
Sep 19, 2023 Sold $1,575,000
Sold
Sep 17, 2023 No longer available -
No longer available
Jul 8, 2023 In contract -
In contract
Mar 23, 2023 Listed $1,700,000
Listed
Feb 3, 2020 Sold to Martinez Riger $775,000
Sold to Martinez Riger

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Garage
  • Garage Square Area: 938
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 93,814
  • Total Building Area: 4,615
  • Gross Building Area: 4,615
  • Building Area: 2,692
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,692
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 198 TERRACE PLAT 128-26 B
  • Land Acres: 2.154
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 198 TERRACE PLAT 128-26 B POR OF LOT 19 DESC AS:BEG AT SW COR SAID LOT 19,N 269.95, E 347.51,S 269.94,W 347.48 TO POB

Ownership

  • Current Owner : ANNYMAL LLC
  • Previous Owner : WHITMAN HEATHER
  • Previous Owner 2: WHITMAN RIGER
  • Owner Before Previous Owner: MARTIN EDWARD W
  • Owner Before Previous Owner 2: MARTIN MARIA A
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 070314

Zoning

  • Zoning: A-1

Geography

  • Assessors Map Reference: 247AA
  • District: 3413
  • Parcel: 50-39-35-08-0191
  • Lot: 19
  • Meridian: SEC 35 TWN 50S RNG 39E
  • Municipality: SOUTHWEST RANCHES
  • Latitude: 26.0518
  • Longitude: -80.4125

    Address

  • Full Address: 5350 Sw 198th Ter
  • Address - House Number: 5350
  • Street Direction: SW
  • Address - Street Name: 198th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Southwest Ranches
  • Carrier Code: C001
  • 4-Digit Zip Code: 1536
  • Zip Code: 33332

Valuation

    Tax

  • Total Area: 3,545
  • Tax Year: 2023
  • Tax Amount: $11,821
  • Tax Rate Code Area: 3413

    Appraisal Valuation

  • Standard Deviation: 0.1656
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 79
  • Final Value: 1,561,749
  • High Value: 1,820,474
  • Low Value: 1,303,024

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,181,250
  • First Open Lien Mortgage Lender: GENHOME MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Sep 19, 2023
  • First Open Lien Mortgage Loan Amount: $1,181,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2053

    Market Valuation

  • Market Total Value: $1,104,260
  • Market Land Value: $469,070
  • Market Improvement Value: $635,190

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,104,260
  • Assessed Land Value: $469,070
  • Assessed Improvements Value: $635,190

    Sales

  • Current Sale Contract Date: Sep 06, 2023
  • Current Sale Recording Date: Sep 19, 2023
  • Current Sale Transaction ID: 11913287774
  • Current Sale Price: $1,575,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 119112793
  • Previous Sale Recording Date: Feb 03, 2020
  • Previous Sale Contract Date: Jan 29, 2020
  • Previous Sale Amount: $775,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GENHOME MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Sep 19, 2023
  • First Mortgage Loan Amount: $1,181,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: GREENBOX LOANS INC
  • Previous Mortgage Transaction Date: Feb 03, 2020
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $620,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2050



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
4 Baths
3,559 ft²
$449/ft²
$1,598,000 May 28, 2023
-
$1,029/mo
House
5 Beds
3 Baths
3,064 ft²
$646/ft²
$1,980,000 May 27, 2023
-
$1,033/mo
Land
Loft
-
-
$1,400,000 Feb 9, 2023
-
$1,128/mo

About Terrace


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Frequently Asked Questions

When was property at 5350 Southwest 198th Terrace built and last sold?
The property at 5350 Southwest 198th Terrace was built in 1997 and last sold on Sep 6, 2023 for $1,575,000.
How much is this home worth?
The estimated value of the home located at 5350 Southwest 198th Terrace is $1,718,627.
What are some comparable homes to 5350 Southwest 198th Terrace?
Homes that are comparable to 5350 Southwest 198th Terrace include a house property at 20401 Southwest 52nd Street, 5621 Southwest 185th Way, 18901 Southwest 57th Court.

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