Lake Ridge Homes for Sale

Lake Ridge Fort Lauderdale
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In this post we look at Lake Ridge Fort Lauderdale Homes for Sale, Pending Sales as well as Recent Sales.

We also give our pricing guide for homes in Lake Ridge

At time of writing there are 6 x Lake Ridge Fort Lauderdale Homes for Sale – up from 5 homes in our last post.

The market analysis report for these Fort Lauderdale  homes is presented below

 Pricing #Beds #FBaths SF/FF List Price LP$/SqFt
High 4 4 2,199 $649,469 $333
Low 2 1 1,218 $250,000 $203
Average 3 2 1,492 $423,728 $281
Median 3 2 1,335 $442,450 $291

We can see from this report that the median price for a Fort Lauderdale home for sale in Lake Ridge is $442,450 – this being for a 3 bedroom 2 bathroom home of 1318 square feet.

Important to note is that in our last report the median price for a home for sale in Lake Ridge was $299,000 – this being for a 3 bedroom 2 bathroom home of 1318 square feet – over $140,000 less.

Also important to note are the changes to the median list price to square foot price which is now up at $291.00 from $228.00

Also important to note:

  • There have been 9 sales of Fort Lauderdale homes here in Lake Ridge in the last 6 months with sales prices ranging from $185,000 to $385,000
    The median sales price over the last 6 months for a home in Lake Ridge has been $190,000 – this being for a 3 bedroom 2 bathroom home with a sales price to square foot price of $172.00
    In our last post in Nov/Dec there had been 13 sales of homes here in Lake Ridge over the prior last 6 months with sales prices ranging from $190,000 to $423,500. The median sales price over the prior 6 months had been $258,000 – this being for a 3 bedroom 2 bathroom home with a sales price to square foot price of $182.00
View of the most expensive home for sale here in Lake Ridge
View of the most expensive home for sale here in Lake Ridge in Fort Lauderdale FL

The most expensive home for sale offered for sale is a “Spectacular” 4 bedroom / 3 bathroom home here in the Fort Lauderdale neighborhood of Lake Ridge!

This single-family home has been completely remodeled from the roof to the floors.

This modern/International design is one of a kind in Lake Ridge. The home has: brand new electrical, plumbing, appliances, kitchen, baths, flooring, hurricane impact windows, sprinkler system, air conditioning and fence.

There is a large back yard for a pool or from which you create your own tropical oasis. The home is close to downtown Fort Lauderdale, shopping, dining, the beach, and Las Olas Blvd.

This turnkey home is ready to move in!

View of a Fort Lauderdale home for sale here in Lake Ridge
View of a Fort Lauderdale home for sale here in Lake Ridge

 

Lake Ridge Homes for Sale
New Listings – Last 30 Days

There has been just 1 new listings of single family homes for sale here in Lake Ridge – over the last 30 days.

The market analysis report for this home is presented below.

 Home #Beds #FBaths SF/FF List Price LP$/SqFt
NE 11th 3 2 1,352 $449,900 $333

We can see from this report that a home on NE 11th – has just been listed for sale at $465,000.  This  4 bedroom 3 bathroom 1861 square foot home has a list price to square foot price of $250.00

This home is a “Mid-Century” Florida ranch style home that has been completely refurbished in the Lake Ridge neighborhood of East Fort Lauderdale. You can bike to beach, Wilton Manors, downtown.

The home has wide open spaces and offers new fully equipped kitchen with contemporary urban style, a dining area, a formal dining and living room, a large master bedroom, large closets, large master bath lined with travertine tiles, frameless shower.

The home is bright and airy and French doors lead to tropical landscaped yard, patio & pool, sunbathing area.

In our last post in November / December 2014 there were 2 x Lake Ridge Fort Lauderdale Homes for Sale that were new listings

 Homes/Pricing #Beds #FBaths SF/FF List Price LP$/SqFt
1100 NE17TH 2 1 1,318 $435,000 $330
1033 NE16TH 3 2 1,411 $299,000 $212

We can see from this report the details for the 2 new listings:

  • 1100 NE 17th a 2 bedroom 1 bathroom home has been listed for sale at $435,000– this 1318 square foot home has a list price to square foot price of $330.00
  • 1033 NE 16th a 3 bedroom 2 bathroom home has been listed for sale at $299,000– this 1411 square foot home has a list price to square foot price of $212.00

Kevin Wirth - Fort Lauderdale Realtor

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Kevin Wirth – 954-459-0337

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Lake Ridge Homes for Sale
Pricing Guide by Bedroom

Here is our pricing guide for Fort Lauderdale Homes for Sale here in Lake Ridge by Bedroom

#Beds #FBaths SF/FF List Price LP$/SqFt
2 1.5 1,268 $362,000 $284
3 2 1,352 $449,900 $287
4 4 2,199 $649,469 $295

We can see from this report that the median prices:

  • for 2 bedroom 1.5 bathroom home is $362,000– this being for a home of approx 1268 square feet with a list price to square foot price of $284.00
  • for a 3 bedroom 2 bathroom homes is $449,900– this being for a home of approx 1352 square feet with a list price to square foot price of $287.00
  • for a 4 bedroom 4 bathroom homes is $649,469– this being for a home of approx 2199 square feet with a list price to square foot price of $295.00
View of a Fort Lauderdale home pending sale here in Lake Ridge
View of a Fort Lauderdale home pending sale here in Lake Ridge

 

Lake Ridge Homes for Sale
Pending Sales / Recent Sales

There are currently just 2 Lake Ridge homes pending sale – which is down from 5 in our last report in November / December 2014

The market analysis report for these homes is presented below

 Homes #Beds #FBaths SF/FF List Price LP$/SqFt
NE17THTE 4 3 1,861 $465,000 $250
NE17THWY 3 2 1,576 $325,000 $206

We can see from this report that:

  • On NE 17th Terrace a 4 bedroom 3 bathroom home has been listed for sale at $465,000– this 1861 square foot home has a list price to square foot price of $250.00

This home is one of the few 4/3 houses in the area, completely redone, newer floors, kitchen, cabinets, stainless steel appliances, new ac and sprinkle system, hurricane impact windows

  • On 1033 NE 16th a 3 bedroom 2 bathroom home has been listed for sale at $325,000– this 1576 square foot home has a list price to square foot price of $206.00

This home is a charming home in Lake Ridge. The home features: wood floors, large backyard with brick patio. Move-in condition. This home also boasts a new kitchen, one of the two  bathrooms has been remodeled and a family room off the living/dining

Lake Ridge Recent Home Sales
Last 6 Months

There have been 9 sales of luxury Fort Lauderdale homes here in Lake Ridge over the last 6 months – down from 13 in our last post

The market analysis report for these homes is presented below.

#Beds #FBaths SF/FF Sale Price SP$/SqFt SP$/LP$ Days on Market
5 4 2,367 $385,000 $283 100.3 286
2 1 846 $185,000 $109 76.03 4
3 2 1,403 $239,578 $177 93.12 86.22
3 2 1,359 $190,000 $172 95.95 54

We can see from this report that the median sales price for an Lake Ridge home has been $190,000 – this being for a 3 bedroom 2 bathroom 1400 square foot home with a sales price to square foot price of $182.00

In our last post in Nov/Dec 2014 the median sales price for an Lake Ridge home over the prior 6 months had been $258,000 – this being for a 3 bedroom 2 bathroom 1400 square foot home with a sales price to square foot price of $182.00

Important to note is the median days on market at just 54 days – which is the time from when the home was listed for sale till the date the home sold AND closed!

Featured Sale

1224 NE 17TH Ave

Offered for Sale $299,000
LA: 2,367 TA: 2,683 YR: 1969
BED:5 FBATH: 4
F1300126

This home is a 3 Bedroom  2 Bathroom home with a 1 bedroom 1 bathroom and large efficiency in the back – which are detached.

The main house is original and the back units have a brand new roof.

This Fort Lauderdale home has tons of potential in the booming Lake RIdge neighborhood.  Keep the 3/2 as the primary residence with income producing back units to pay the mortgage, or rent all 3 out, or Keep a Mother in-law suite!

It is a short bike ride to the beach or walk to Gateway plaza and the many Restaurants on Sunrise Blvd.

This Fort Lauderdale home here in Lake Ridge sold for $299,000 on the 10th of November 2014

I hope you have enjoyed this post on Lake Ridge Homes for Sale Fort Lauderdale – by Kevin Wirth Realtor