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2468 Northwest 88th Terrace

2468 Northwest 88th Terrace, Pompano Beach, FL 33065
Property in Forest Hills
Sold Nov 03, 2021
$475,000
$150,000 by Citadel Servicing Corporation
Mortgage Due Nov 01, 2051
Sold Nov 06, 1996
$131,000
$124,450 by Chase Manhattan Mortgage Corp
Mortgage
2468 Northwest 88th Terrace in Pompano Beach, FL was first built in 1979 and is 45 years old. Although, the building on the property was most recently renovated and altered in 1980. 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, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2468 Northwest 88th Terrace has 2,450 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 11,885 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable or hip style roof made of tile. For those who need parking, there is a garage. The garage is 496 sqft. There are a total of 2 available parking spaces. 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. 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, 2468 Northwest 88th Terrace was last sold in Oct 29, 2021 for $475,000. According to our calculations, that's $144.33 per sqft. Prior to that sales transaction, the property was sold for $131,000 in Jan 1, 1970. Current property owners are expected to pay $8,699 in taxes per year. The property on 2468 Northwest 88th Terrace was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $424,780. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1980
  • 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: Tile
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Type: Built-in
  • Garage Type: Garage
  • Garage Square Area: 496
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,885
  • Lot Size Frontage Feet: 988
  • Total Building Area: 3,291
  • Gross Building Area: 3,291
  • Building Area: 2,450
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,450
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST HILLS WEST 74-38 B
  • Land Acres: 0.273
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FOREST HILLS WEST 74-38 B LOT 2 BLK 5

Ownership

  • Current Owner : MOLYNEAUX MALACHITA
  • Previous Owner : PERRONE JULIAN
  • Previous Owner 2: ESTATE OF JOHN E PERRONE
  • Owner Before Previous Owner: PR JUDITH SELDESS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Life Estate

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 020324

Zoning

  • Zoning: RS-3,4,5

Geography

  • Assessors Map Reference: 28
  • District: 2812
  • Parcel: 48-41-22-07-0620
  • Block: 5
  • Lot: 2
  • Meridian: SEC 22 TWN 48S RNG 41E
  • Municipality: CORAL SPRINGS
  • Latitude: 26.261
  • Longitude: -80.2429

    Address

  • Full Address: 2468 Nw 88th Ter
  • Address - House Number: 2468
  • Street Direction: NW
  • Address - Street Name: 88th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Coral Springs
  • Carrier Code: C005
  • 4-Digit Zip Code: 5350
  • Zip Code: 33065

Valuation

    Tax

  • Total Area: 2,871
  • Tax Year: 2023
  • Tax Amount: $8,699
  • Tax Rate Code Area: 2812

    Appraisal Valuation

  • Standard Deviation: 0.182
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 762,005
  • High Value: 900,750
  • Low Value: 623,259

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: CITADEL SERVICING CORPORATION
  • First Open Lien Mortgage Recording Date: Nov 03, 2021
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2051

    Market Valuation

  • Market Total Value: $690,180
  • Market Land Value: $95,080
  • Market Improvement Value: $595,100

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $424,780

    Sales

  • Current Sale Contract Date: Oct 29, 2021
  • Current Sale Recording Date: Nov 03, 2021
  • Current Sale Transaction ID: 11862186982
  • Current Sale Price: $475,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 117709986
  • Previous Sale Recording Date: Nov 06, 1996
  • Previous Sale Amount: $131,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITADEL SERVICING CORPORATION
  • First Mortgage Transaction Date: Nov 03, 2021
  • First Mortgage Loan Amount: $150,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CHASE MANHATTAN MORTGAGE CORP
  • Previous Mortgage Transaction Date: Nov 06, 1996
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $124,450
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Forest Hills



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Frequently Asked Questions

What neighborhood is 2468 Northwest 88th Terrace located in?
The 2468 Northwest 88th Terrace is a located in the neighborhood of Forest Hills in Forest Hills, Pompano Beach.
What is the average sales price for listings in 2468 Northwest 88th Terrace?
The average sales price for units in 2468 Northwest 88th Terrace is $0 currently.

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