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1401 North 74th Terrace

1401 North 74th Terrace, Hollywood, FL 33024
Sold Oct 05, 2022
$452,000
$436,939 by Plains Commerce Bank
Mortgage Due Nov 01, 2052
Sold Dec 08, 2011
$139,000
1401 North 74th Terrace has been categorized by the local assessors in Hollywood, FL as a residential type of property. The building on the property was first built in 1969 and is 55 years old. However, we must point out that the home was most recently renovated and altered in 1970. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1401 North 74th Terrace has 1,272 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 6,900 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 312 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. 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, 1401 North 74th Terrace sold most recently in Oct 3, 2022 for a total of $452,000. If you work out the math, that's approximately a cost of $237.39 per sqft. Before that, the property was also sold for $139,000 in Nov 30, 2011. 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 $7,994 in taxes each year. 1401 North 74th Terrace was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $361,190. If we break it down further, the land itself was valued at $62,100. Improvements to the property, however, were assessed at a total of $299,090. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Brick Exterior

Driveway

Driveway

Parking

Guest Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 2
  • 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: Concrete
  • Basement Area: 0
  • Parking Type: Built-in
  • Garage Type: Garage
  • Garage Square Area: 312
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,900
  • Lot Size Frontage Feet: 690
  • Total Building Area: 1,904
  • Gross Building Area: 1,904
  • Building Area: 1,272
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,272
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BOULEVARD HEIGHTS SECTION
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BOULEVARD HEIGHTS SECTION SIXTEEN FIRST ADD 66-16 B LOT 4 BLK 5

Ownership

  • Current Owner : ROSAS YASMANY
  • Current Owner 2: CLAVELO-RAMIREZ GREYSI
  • Previous Owner : RAMCHARRAN DEORATIE
  • Owner Before Previous Owner: CREATIVE FINANCING LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 091300

Zoning

  • Zoning: RS-6

Geography

  • Assessors Map Reference: 257
  • District: 0513
  • Parcel: 51-41-10-11-0040
  • Block: 5
  • Lot: 4
  • Meridian: SEC 10 TWN 51S RNG 41E
  • Municipality: HOLLYWOOD
  • Latitude: 26.022
  • Longitude: -80.2364

    Address

  • Full Address: 1401 N 74th Ter
  • Address - House Number: 1401
  • Street Direction: N
  • Address - Street Name: 74th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Hollywood
  • Carrier Code: C048
  • 4-Digit Zip Code: 5307
  • Zip Code: 33024

Valuation

    Tax

  • Total Area: 1,545
  • Tax Year: 2023
  • Tax Amount: $7,994
  • Tax Rate Code Area: 0513

    Appraisal Valuation

  • Standard Deviation: 0.1643
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 79
  • Final Value: 476,817
  • High Value: 555,160
  • Low Value: 398,475

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $436,939
  • First Open Lien Mortgage Lender: PLAINS COMMERCE BANK
  • First Open Lien Mortgage Recording Date: Oct 05, 2022
  • First Open Lien Mortgage Loan Amount: $436,939
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2052

    Market Valuation

  • Market Total Value: $361,190
  • Market Land Value: $62,100
  • Market Improvement Value: $299,090

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $361,190
  • Assessed Land Value: $62,100
  • Assessed Improvements Value: $299,090

    Sales

  • Current Sale Contract Date: Oct 03, 2022
  • Current Sale Recording Date: Oct 05, 2022
  • Current Sale Transaction ID: 11896811691
  • Current Sale Price: $452,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 118438791
  • Previous Sale Recording Date: Dec 08, 2011
  • Previous Sale Contract Date: Nov 30, 2011
  • Previous Sale Amount: $139,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLAINS COMMERCE BANK
  • First Mortgage Transaction Date: Oct 05, 2022
  • First Mortgage Loan Amount: $436,939
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2052

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Frequently Asked Questions

What neighborhood is 1401 North 74th Terrace located in?
The 1401 North 74th Terrace is a located in the neighborhood of Boulevard Heights - West Hollywood in Boulevard Heights - West Hollywood, Hollywood.
What is the average sales price for listings in 1401 North 74th Terrace?
The average sales price for units in 1401 North 74th Terrace is $0 currently.

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