1770 SW 87th Ter

1770 Southwest 87th Terrace, Hollywood, FL 33025

$450,000
$10K (2.2%)
 for Sale at 1770 Southwest 87th Terrace, Hollywood, FL 33025

1

$450,000
$10K (2.2%)
3
Beds
2
Baths
Half Bath
1,391
Ft²
$324
$/ft²
0.12
Acres
Cap Rate
Est. Monthly
Cap Rate
7.05%
Est. Monthly
$2,564
3/2 Single family home on a large corner lot. Large fenced yard and covered patio.Beautiful quite street in Miramar next to a park.

The manager has listed the unit size as 1391 square feet.

LISTING AGENT

Ronny GheilerMiami Condo Advisors, LLC[email protected]

Building Info

Overview

This property was built in 1983.

General

  • Year Built

    1983
  • Actual Year Built

    1984
  • Total Rooms

    0.00
  • Bedroom Count

    2
  • Bathroom Count

    1.00
  • Full Bathrooms

    1.00
  • Partial Bathrooms

    0.00
  • Bathroom Fixture Number

    0.00
  • Building Condition

    6
  • Building Quality

    7
  • Construction Type

    concrete
  • Building Style

    -
  • Exterior Walls Type

    stucco
  • Interior Walls Type

    gypsum boards such as those made of drywall, sheetrock, etc
  • Roof Shape Type

    gable or hip
  • Roof Cover Type

    composition shingle
  • Floor Count

    1
  • Living Units

    1.00
  • Business/Commerical Units Count

    0.00
  • Floor Cover

    concrete
  • Basement Type

    -
  • Basement Area

    0.00
  • Parking Type

    offsite garage
  • Garage Type

    -
  • Garage Square Area

    0.00
  • Parking Space Count

    0.00
  • Patio Type

    -
  • Porch Type

    porch
  • Pool Type

    -

Dimensions

  • Lot Size Square Feet

    5,306
  • Lot Size Depth Feet

    0
  • Total Building Area

    1,391
  • Gross Building Area

    1,406
  • Building Area

    1,391
  • Building Area Source

    L

Heating

  • Fireplace Count

    0.00
  • Air Conditioning Type

    central air conditioning
  • Heat Code

    -
  • Heated Square Feet

    1,391
  • Heating Fuel Type

    -

Codes

  • Sewer System

    -
  • Water Service Type

    -

Building

Building codes and types
  • Building Type

    -
  • Property Class ID

    residential
  • Subdivision

    UNIVERSITY PARK PARCELS 4,5 & 6
  • Land Acres

    0.122
  • Standard Land Use Code

    single family residential
  • County Land Use Code

    001
  • Legal Description 1

    UNIVERSITY PARK PARCELS 4,5 & 6 104-1 B LOT 1 BLK 21

Neighborhood

Community district, city council district, police precinct, and more.
  • School District Name

    Broward County School District
  • Census Tract

    110320

Geography

The property is located in zip code 33025.
  • District

    2713
  • Parcel

    51-41-21-09-0010
  • Block

    21
  • Lot

    1
  • Meridian

    SEC 21 TWN 51S RNG 41E
  • Municipality

    MIRAMAR
  • Latitude

    25.9931
  • Longitude

    -80.2613

Address

  • Full Address

    1770 Sw 87th Ter
  • Address - House Number

    1770
  • Street Direction

    SW
  • Address - Street Name

    87th
  • Address - Suffix Type

    Ter
  • State

    FL
  • City Name

    Miramar
  • Carrier Code

    C032
  • 4-Digit Zip Code

    2025
  • Zip Code

    33025

Valuation

The assessed value of this property is $257,510.
  • Timestamp

    Jan 24, 2022
  • UCID Flag

    C
  • Total Area

    1,445
  • Standard Deviation

    0

Tax

  • Tax Year

    2021
  • Tax Amount

    $4,618
  • Tax Rate Code Area

    2713

Open Liens

  • Total Open Liens

    1
  • Total Open Liens Amount

    $202,000

Market Valuation

  • Market Total Value

    $257,510
  • Market Land Value

    $31,840
  • Market Improvement Value

    $225,670

Appraisal Valuation

  • Valuation Date

    Jan 19, 2022
  • Confidence Score

    93
  • Final Value

    442,645
  • High Value

    480,976
  • Low Value

    404,313

Assessments Valuation

  • Assessed Year

    2021
  • Assessed Total Value

    $257,510
  • Assessed Land Value

    $31,840
  • Assessed Improvements Value

    $225,670

Sales

  • Current Sale Contract Date

    20211022
  • Current Sale Recording Date

    20211025
  • Current Sale Transaction ID

    11860809290
  • Current Sales Price

    $220,000
  • Current Sale Document Type

    Warranty Deed
  • Current Sale Input Document Number

    117683269
  • Sale Date

    20060327
  • Previous Sale Contract Date

    20060215
  • Previous Sale Type of Sales Price

    Sales Price or Transfer Tax rounded by county prior to computation.
  • Sale Amount

    $259,900
  • Previous Sale Document Type

    71

Mortgages

  • First Current Mortgage Lender

    IGOR CHAPLIK
  • First Current Mortgage Transaction Date

    20211025
  • First Current Mortgage Loan Amount

    $202,000
  • First Current Mortgage Terms

    12
  • First Current Mortgage Loan Type

    Balloon
  • First Current Mortgage Loan Due Date

    20221022
  • Second Current Mortgage Loan Amount

    $0
  • Second Current Mortgage Terms

    0

Open Lien Mortgages

  • First Open Lien Mortgage Lender

    IGOR CHAPLIK
  • First Open Lien Mortgage Recording Date

    20211025
  • First Open Lien Mortgage Loan Amount

    $202,000
  • First Open Lien Mortgage Term

    12
  • First Open Lien Mortgage Position

    1
  • First Open Lien Mortgage Loan Type

    Balloon
  • First Open Lien Mortgage Loan Due Date

    20221022
  • Second Open Lien Mortgage Loan Amount

    $0
  • Second Open Lien Mortgage Term

    0
  • Second Open Lien Mortgage Position

    0
  • Third Open Lien Mortgage Loan Amount

    $0
  • Third Open Lien Mortgage Term

    0
  • Third Open Lien Mortgage Position

    0
  • Fourth Open Lien Mortgage Loan Amount

    $0
  • Fourth Open Lien Mortgage Term

    0
  • Fourth Open Lien Mortgage Position

    0

Previous Mortgages

  • Previous Mortgage Lender

    ARGENT MORTGAGE COMPANY LLC
  • Previous Mortgage Transaction Date

    20060327
  • Previous Mortgage Financing Type

    Adjustable Rate
  • Previous Mortgage Loan Amount

    $207,920
  • Previous Mortgage Term

    360
  • Previous Mortgage Loan Type

    Purchase Money Mortgage
  • Previous Mortgage Loan Due Date

    20360301

Building Features

Driveway

Driveway

Home Features

Laundry

Dryer in Unit

HVAC

Furnace

Ownership

Price History

Date/EventEventPrice
Oct 9, 2022 Price DecreasedPrice Decreased$450,000 $10K (2.2%)
Dec 21, 2021 Price IncreasedPrice Increased$460,000 $10K (2.2%)
Dec 19, 2021 No longer availableNo longer available-
Nov 3, 2021 Listed by Ronny Gheiler, BrokerListed by Ronny Gheiler, Broker$400,000
Oct 25, 2021 SoldSold$220,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$36,000
ExpensesPer Year
$4,248
Operating ProfitPer Year
$31,752
Cap rate
7.06%

Price Estimate

$527,000$452,128$377,257
20212022202320242025
Current Asking Price

$450,000

HopScore Market Price

$452,128

The current asking price is $2,128.63 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
In Contract
House
3
3
1,265 ft²
$316/ft²
$400,000
$596.42/mo
Active
House
3
2
1,570 ft²
$305/ft²
$479,000
$392.50/mo
In Contract
House
3
2
1,176 ft²
$340/ft²
$399,999
$12.92/mo
Active
House
3
2
1,742 ft²
$287/ft²
$500,000
$385.50/mo
Active
Condo
3
2.5
1,450 ft²
$269/ft²
$390,000
$761.33/mo

Payment Calculator



Neighborhood

About Lakeshore at University Park

Stats & Trends

The median asking price in Lakeshore at University Park is $235,450.
  • Median Asking

    $235,450
  • Sale Price/ft²

    $252.40
  • Above Asking

    -
  • Days on Market

    42

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1770 Southwest 87th 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 1983 and is 40 years old. However, we must point out that the home was most recently renovated and altered in 1984. The home has a total of 0 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom and unclear on the number of partial bathrooms in the property. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1770 Southwest 87th Terrace has 1,391 sqft of living area. The living area...

1770 Southwest 87th Terrace, Hollywood, FL 33025


Frequently Asked Questions

What neighborhood is 1770 Southwest 87th Terrace located in?
The 1770 Southwest 87th Terrace is a house located in the neighborhood of Lakeshore at University Park in Lakeshore at University Park, Hollywood.
How many units are currently for sale in 1770 Southwest 87th Terrace?
1770 Southwest 87th Terrace has a total of 1 units in the building. There are one units for sale right now.
What is the average sales price for units in 1770 Southwest 87th Terrace?
The average sales price for units in 1770 Southwest 87th Terrace is $450,000, or $324/sqft.
How long on average are units in 1770 Southwest 87th Terrace on the market?
Units in 1770 Southwest 87th Terrace are usually on the market for an average of 505 days with an average asking price of $450,000.

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