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2488 Northwest 118th Terrace

2488 Northwest 118th Terrace, Pompano Beach, FL 33065
Property in Westchester
Sold Apr 15, 2021
$430,000
$409,543 by Fairway Independent Mortgage C
Mortgage Due May 01, 2051
Sold Aug 19, 1993
$151,000
$149,000 by Veterans Affairs
Mortgage
2488 Northwest 118th Terrace has been categorized by the local assessors in Pompano Beach, FL as a residential type of property. The building on the property was first built in 1974 and is 50 years old. However, we must point out that the home was most recently renovated and altered in 1975. The home has a total of 3 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, 2488 Northwest 118th Terrace has 2,254 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 10,640 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 462 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a unknown on the property. 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 tile. 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. The property was last sold in Mar 13, 2021 for $430,000. That's $142.05 per sqft. Prior to that sales transaction, the property was also sold in Aug 9, 1993 for $151,000. 2488 Northwest 118th Terrace was last assessed in 2024. The total value of the property was assessed at $550,640. Specifically, the land the property is located on was valued at $42,560. While improvements on the property were assessed at a total of $508,080. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $11,552. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1975
  • 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: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,640
  • Lot Size Frontage Feet: 1,070
  • Total Building Area: 3,027
  • Gross Building Area: 3,027
  • Building Area: 2,254
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,254
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORAL SPRINGS COUNTRY CLUB
  • Land Acres: 0.244
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CORAL SPRINGS COUNTRY CLUB WEST ADD 74-36 B LOT 8 BLK L

Ownership

  • Current Owner : CHAHWAN JOE
  • Previous Owner : ABBASI NIGHAT
  • Previous Owner 2: JAFRI SYED S
  • Owner Before Previous Owner: VETERANS AFFAIRS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 020312

Zoning

  • Zoning: RS-3,4,5

Geography

  • Assessors Map Reference: 25
  • District: 2812
  • Parcel: 48-41-19-03-2340
  • Block: L
  • Lot: 8
  • Meridian: SEC 19 TWN 48S RNG 41E
  • Municipality: CORAL SPRINGS
  • Latitude: 26.2619
  • Longitude: -80.2841

    Address

  • Full Address: 2488 Nw 118th Ter
  • Address - House Number: 2488
  • Street Direction: NW
  • Address - Street Name: 118th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Coral Springs
  • Carrier Code: C011
  • 4-Digit Zip Code: 3370
  • Zip Code: 33065

Valuation

    Tax

  • Total Area: 2,588
  • Tax Year: 2023
  • Tax Amount: $11,552
  • Tax Rate Code Area: 2812

    Appraisal Valuation

  • Standard Deviation: 0.182
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 697,632
  • High Value: 824,656
  • Low Value: 570,607

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $409,543
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Apr 15, 2021
  • First Open Lien Mortgage Loan Amount: $409,543
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $550,640
  • Market Land Value: $42,560
  • Market Improvement Value: $508,080

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $550,640
  • Assessed Land Value: $42,560
  • Assessed Improvements Value: $508,080

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 13, 2021
  • Current Sale Recording Date: Apr 15, 2021
  • Current Sale Transaction ID: 11830842166
  • Current Sale Price: $430,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 117199141
  • Previous Sale Recording Date: Aug 19, 1993
  • Previous Sale Contract Date: Aug 09, 1993
  • Previous Sale Amount: $151,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Apr 15, 2021
  • First Mortgage Loan Amount: $409,543
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: VETERANS AFFAIRS
  • Previous Mortgage Transaction Date: Aug 19, 1993
  • Previous Mortgage Loan Amount: $149,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA

About Westchester



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Frequently Asked Questions

What neighborhood is 2488 Northwest 118th Terrace located in?
The 2488 Northwest 118th Terrace is a located in the neighborhood of Westchester in Westchester, Pompano Beach.
What is the average sales price for listings in 2488 Northwest 118th Terrace?
The average sales price for units in 2488 Northwest 118th Terrace is $0 currently.

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