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2040 Northeast 2nd Terrace

2040 Northeast 2nd Terrace, Pompano Beach, FL 33060
Property in Kendall Green
Sold Dec 09, 2020
$300,000
$294,566 by Hamilton Home Loans Inc
Mortgage Due Dec 01, 2050
Sold Jul 14, 2020
$185,000
Local assessors in Pompano Beach, FL have categorized 2040 Northeast 2nd Terrace as a residential type of property. The home was built in 1971 and is 53 years old. It was most recently renovated and altered in 1972. The property's lot size has been calculated to be 6,700 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2040 Northeast 2nd Terrace has a total of 1,745 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of composition shingle. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2040 Northeast 2nd Terrace was last sold in Nov 30, 2020 for $300,000. According to our calculations, that's $165.84 per sqft. Prior to that sales transaction, the property was sold for $185,000 in Jul 13, 2020. Current property owners are expected to pay $4,940 in taxes per year. The property on 2040 Northeast 2nd Terrace was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $272,280. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1972
  • 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: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Type: Built-in
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,700
  • Lot Size Frontage Feet: 670
  • Total Building Area: 1,809
  • Gross Building Area: 1,809
  • Building Area: 1,745
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,745
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KENDALL GREEN SEC C 48-11 B
  • Land Acres: 0.154
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KENDALL GREEN SEC C 48-11 B LOT 5 BLK 23

Ownership

  • Current Owner : CHAVEZ MARVIN A PEREIRA
  • Current Owner 2: BENITEZ MARTA ALICIA
  • Previous Owner : HERON BAY INVESTMENTS LLC
  • Owner Before Previous Owner: MORSE THELMA E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 030302

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: 74
  • District: 1512
  • Parcel: 48-42-26-08-0500
  • Block: 23
  • Lot: 5
  • Meridian: SEC 26 TWN 48S RNG 42E
  • Municipality: POMPANO BEACH
  • Latitude: 26.2561
  • Longitude: -80.121

    Address

  • Full Address: 2040 Ne 2nd Ave
  • Address - House Number: 2040
  • Street Direction: NE
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Pompano Beach
  • Carrier Code: C008
  • 4-Digit Zip Code: 4914
  • Zip Code: 33060

Valuation

    Tax

  • Total Area: 1,582
  • Tax Year: 2023
  • Tax Amount: $4,940
  • Tax Rate Code Area: 1512

    Appraisal Valuation

  • Standard Deviation: 0.1967
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 497,754
  • High Value: 595,693
  • Low Value: 399,815

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $294,566
  • First Open Lien Mortgage Lender: HAMILTON HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Dec 09, 2020
  • First Open Lien Mortgage Loan Amount: $294,566
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $406,620
  • Market Land Value: $26,800
  • Market Improvement Value: $379,820

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $272,280

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 30, 2020
  • Current Sale Recording Date: Dec 09, 2020
  • Current Sale Transaction ID: 11805676433
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 116916198
  • Previous Sale Recording Date: Jul 14, 2020
  • Previous Sale Contract Date: Jul 13, 2020
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HAMILTON HOME LOANS INC
  • First Mortgage Transaction Date: Dec 09, 2020
  • First Mortgage Loan Amount: $294,566
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2050

About Kendall Green



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Frequently Asked Questions

What neighborhood is 2040 Northeast 2nd Terrace located in?
The 2040 Northeast 2nd Terrace is a located in the neighborhood of Kendall Green in Kendall Green, Pompano Beach.
What is the average sales price for listings in 2040 Northeast 2nd Terrace?
The average sales price for units in 2040 Northeast 2nd Terrace is $0 currently.

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