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3121 North 72nd Terrace

3121 North 72nd Terrace, Hollywood, FL 33024
Property in Driftwood
Sold Feb 12, 2021
$290,000
$275,500 by Paramount Residential Mortgage
Mortgage Due Mar 01, 2051
Sold Aug 18, 1994
$66,000
$65,951 by Circle Mtg Corp
Mortgage
3121 North 72nd Terrace in Hollywood, FL was first built in 1973 and is 51 years old. Although, the building on the property was most recently renovated and altered in 1974. 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, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 3121 North 72nd Terrace has 1,144 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 6,060 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a carport. The garage is 220 sqft. There is one available parking space. 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. The property was last sold in Feb 1, 2021 for $290,000. That's $202.51 per sqft. Prior to that sales transaction, the property was also sold in Aug 12, 1994 for $66,000. 3121 North 72nd Terrace was last assessed in 2024. The total value of the property was assessed at $302,060. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,658. 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. 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: 1973
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 2
  • 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: Offsite
  • Garage Type: Carport
  • Garage Square Area: 220
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,060
  • Lot Size Frontage Feet: 602
  • Total Building Area: 1,432
  • Gross Building Area: 1,432
  • Building Area: 1,144
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,144
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DRIFTWOOD ESTATES NO 24 52-45 B
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DRIFTWOOD ESTATES NO 24 52-45 B LOT 3 BLK 1

Ownership

  • Current Owner : HERRERA OLGA M MORALES
  • Current Owner 2: BATISTA JORGE L
  • Previous Owner : CHANG WINSTON
  • Owner Before Previous Owner: MARKOWITZ ROBERT I
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 090601

Zoning

  • Zoning: RS-6

Geography

  • Assessors Map Reference: 250
  • District: 0513H
  • Parcel: 51-41-03-22-0030
  • Block: 1
  • Lot: 3
  • Meridian: SEC 03 TWN 51S RNG 41E
  • Municipality: HOLLYWOOD
  • Latitude: 26.0374
  • Longitude: -80.2334

    Address

  • Full Address: 3121 N 72nd Ter
  • Address - House Number: 3121
  • Street Direction: N
  • Address - Street Name: 72nd
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Hollywood
  • Carrier Code: C026
  • 4-Digit Zip Code: 2467
  • Zip Code: 33024

Valuation

    Tax

  • Total Area: 1,239
  • Tax Year: 2023
  • Tax Amount: $5,658
  • Tax Rate Code Area: 0513H

    Appraisal Valuation

  • Standard Deviation: 0.1943
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 455,410
  • High Value: 543,900
  • Low Value: 366,920

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $275,500
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Feb 12, 2021
  • First Open Lien Mortgage Loan Amount: $275,500
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $332,900
  • Market Land Value: $54,540
  • Market Improvement Value: $278,360

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $302,060

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 01, 2021
  • Current Sale Recording Date: Feb 12, 2021
  • Current Sale Transaction ID: 11817056861
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 117052777
  • Previous Sale Recording Date: Aug 18, 1994
  • Previous Sale Contract Date: Aug 12, 1994
  • Previous Sale Amount: $66,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Feb 12, 2021
  • First Mortgage Loan Amount: $275,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: CIRCLE MTG CORP
  • Previous Mortgage Transaction Date: Aug 18, 1994
  • Previous Mortgage Loan Amount: $65,951
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Driftwood



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Frequently Asked Questions

What neighborhood is 3121 North 72nd Terrace located in?
The 3121 North 72nd Terrace is a located in the neighborhood of Driftwood in Driftwood, Hollywood.
What is the average sales price for listings in 3121 North 72nd Terrace?
The average sales price for units in 3121 North 72nd Terrace is $0 currently.

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