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1020 Southwest 63rd Terrace

1020 Southwest 63rd Terrace, Pompano Beach, FL 33068
Property in Kimberly Village
Sold Feb 12, 2021
$355,000
Buyer
Seller
$355,000 by Sun West Mortgage Company Inc
Mortgage Due Feb 01, 2051
Sold Jul 24, 2020
$210,200
1020 Southwest 63rd Terrace in Pompano Beach, FL was first built in 1968 and is 56 years old. Although, the building on the property was most recently renovated and altered in 1973. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1020 Southwest 63rd Terrace has 2,015 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,150 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a unknown on the property. The home has a gable or hip style roof made of composition shingle. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of concrete block. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1020 Southwest 63rd Terrace sold most recently in Jan 25, 2021 for a total of $355,000. If you work out the math, that's approximately a cost of $155.63 per sqft. Before that, the property was also sold for $210,200 in Jul 2, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $965 in taxes each year. 1020 Southwest 63rd Terrace was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $439,250. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 4
  • 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: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Tile
  • Basement Area: 0
  • Parking Type: Offsite
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,150
  • Lot Size Frontage Feet: 676
  • Total Building Area: 2,281
  • Gross Building Area: 2,281
  • Building Area: 2,015
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,015
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KIMBERLY VILLAGE SEC ONE
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KIMBERLY VILLAGE SEC ONE 65-16 B LOT 21 BLK 5

Ownership

  • Current Owner : ELLIS CRAIG
  • Previous Owner : FEB20 LLC
  • Owner Before Previous Owner: GLADYS GONZALEZ
  • Owner Before Previous Owner 2: US BANK NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 020404

Zoning

  • Zoning: RS-5

Geography

  • Assessors Map Reference: 97
  • District: 2912
  • Parcel: 49-41-01-06-0620
  • Block: 5
  • Lot: 21
  • Meridian: SEC 01 TWN 49S RNG 41E
  • Municipality: NORTH LAUDERDALE
  • Latitude: 26.2158
  • Longitude: -80.2102

    Address

  • Full Address: 1020 Sw 63rd Ter
  • Address - House Number: 1020
  • Street Direction: SW
  • Address - Street Name: 63rd
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: North Lauderdale
  • Carrier Code: C009
  • 4-Digit Zip Code: 2727
  • Zip Code: 33068

Valuation

    Tax

  • Total Area: 2,038
  • Tax Year: 2023
  • Tax Amount: $965
  • Tax Rate Code Area: 2912

    Appraisal Valuation

  • Standard Deviation: 0.1839
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 75
  • Final Value: 572,309
  • High Value: 677,571
  • Low Value: 467,047

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $355,000
  • First Open Lien Mortgage Lender: SUN WEST MORTGAGE COMPANY INC
  • First Open Lien Mortgage Recording Date: Feb 12, 2021
  • First Open Lien Mortgage Loan Amount: $355,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $494,780
  • Market Land Value: $35,750
  • Market Improvement Value: $459,030

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $439,250

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 25, 2021
  • Current Sale Recording Date: Feb 12, 2021
  • Current Sale Transaction ID: 11817147843
  • Current Sale Price: $355,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 117054195
  • Previous Sale Recording Date: Jul 24, 2020
  • Previous Sale Contract Date: Jul 02, 2020
  • Previous Sale Amount: $210,200
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: SUN WEST MORTGAGE COMPANY INC
  • First Mortgage Transaction Date: Feb 12, 2021
  • First Mortgage Loan Amount: $355,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Feb 01, 2051

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Frequently Asked Questions

What neighborhood is 1020 Southwest 63rd Terrace located in?
The 1020 Southwest 63rd Terrace is a located in the neighborhood of Kimberly Village in Kimberly Village, Pompano Beach.
What is the average sales price for listings in 1020 Southwest 63rd Terrace?
The average sales price for units in 1020 Southwest 63rd Terrace is $0 currently.

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