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2555 Southwest 105th Terrace

2555 Southwest 105th Terrace, Fort Lauderdale, FL 33324
Property in Westridge
Sold Sep 24, 2020
$1,550,000
$1,240,000 by Truist Bank
Mortgage Due Oct 01, 2050
Sold Dec 11, 2000
$578,000
2555 Southwest 105th Terrace has been categorized by the local assessors in Fort Lauderdale, FL as a residential type of property. The building on the property was first built in 2000 and is 24 years old. However, we must point out that the home was most recently renovated and altered in 2001. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2555 Southwest 105th Terrace has 5,553 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 36,651 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 633 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 pool 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. 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, 2555 Southwest 105th Terrace sold most recently in Sep 11, 2020 for a total of $1,550,000. If you work out the math, that's approximately a cost of $195.71 per sqft. Before that, the property was also sold for $578,000 in Jan 1, 1970. 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 $26,088 in taxes each year. 2555 Southwest 105th Terrace was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $1,329,240. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2001
  • Building Count: 3
  • Bedroom Count: 0
  • 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: Attached
  • Garage Type: Garage
  • Garage Square Area: 633
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 36,651
  • Total Building Area: 7,920
  • Gross Building Area: 7,920
  • Building Area: 5,553
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 5,553
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTRIDGE II PLAT 151-17 B
  • Land Acres: 0.841
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WESTRIDGE II PLAT 151-17 B LOT 22

Ownership

  • Current Owner : WALLACE STEVEN A
  • Current Owner 2: WALLACE JENNIFER M
  • Previous Owner : SHULER JOHN R
  • Previous Owner 2: SHULER VIVIAN C
  • Owner Before Previous Owner: DOUBLE S INVESTMENTS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 070208

Zoning

  • Zoning: E

Geography

  • Assessors Map Reference: 193
  • District: 2412H
  • Parcel: 50-41-19-10-0220
  • Lot: 22
  • Meridian: SEC 19 TWN 50S RNG 41E
  • Municipality: DAVIE
  • Latitude: 26.0875
  • Longitude: -80.2883

    Address

  • Full Address: 2555 Sw 105th Ter
  • Address - House Number: 2555
  • Street Direction: SW
  • Address - Street Name: 105th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Davie
  • Carrier Code: C042
  • 4-Digit Zip Code: 7611
  • Zip Code: 33324

Valuation

    Tax

  • Total Area: 6,966
  • Tax Year: 2023
  • Tax Amount: $26,088
  • Tax Rate Code Area: 2412H

    Appraisal Valuation

  • Standard Deviation: 0.1846
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 75
  • Final Value: 2,194,952
  • High Value: 2,600,232
  • Low Value: 1,789,673

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,240,000
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Sep 24, 2020
  • First Open Lien Mortgage Loan Amount: $1,240,000
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $1,735,150
  • Market Land Value: $265,720
  • Market Improvement Value: $1,469,430

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,329,240

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 11, 2020
  • Current Sale Recording Date: Sep 24, 2020
  • Current Sale Transaction ID: 11788815794
  • Current Sale Price: $1,550,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 116754614
  • Previous Sale Recording Date: Dec 11, 2000
  • Previous Sale Amount: $578,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Sep 24, 2020
  • First Mortgage Loan Amount: $1,240,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

About Westridge



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Frequently Asked Questions

What neighborhood is 2555 Southwest 105th Terrace located in?
The 2555 Southwest 105th Terrace is a located in the neighborhood of Westridge in Westridge, Fort Lauderdale.
What is the average sales price for listings in 2555 Southwest 105th Terrace?
The average sales price for units in 2555 Southwest 105th Terrace is $0 currently.

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