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4851 Southwest 38th Terrace

4851 Southwest 38th Terrace, Fort Lauderdale, FL 33312
House in Mapleridge
Sold May 11, 2021
$495,000
$396,000 by Plaza Home Mortgage Inc
Mortgage Due Jun 01, 2051
Sold Jul 29, 2011
$64,900
Local assessors in Fort Lauderdale, FL have categorized 4851 Southwest 38th Terrace as a residential type of property. The home was built in 2001 and is 23 years old. It was most recently renovated and altered in 2002. The property's lot size has been calculated to be 6,156 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. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4851 Southwest 38th Terrace has a total of 2,162 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 240 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 concrete 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 tile. 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, 4851 Southwest 38th Terrace was last sold in May 3, 2021 for $495,000. According to our calculations, that's $183.81 per sqft. Prior to that sales transaction, the property was sold for $64,900 in Jun 28, 2011. Current property owners are expected to pay $11,379 in taxes per year. The property on 4851 Southwest 38th Terrace was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $547,160. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 2001
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 3
  • Full Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete
  • 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: 2
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Type: Garage
  • Garage Type: Garage
  • Garage Square Area: 240
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,156
  • Total Building Area: 2,693
  • Gross Building Area: 2,693
  • Building Area: 2,162
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,162
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAPLE RIDGE 167-38 B
  • Land Acres: 0.141
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MAPLE RIDGE 167-38 B POR PAR A DESC AS COMM AT SE COR PAR A,N 2918.53 TO POB;NE 40.65, NW 20.41,NW 138.86,SW 10.00,SELY 77.79,SE 96.00 TO POB AKA: LOT 46 MAPLE RIDGE PARCEL A

Ownership

  • Current Owner : HANA MOR
  • Previous Owner : BMS WORLDS INVESTMENT LLC
  • Owner Before Previous Owner: STEINMAN JOSHUA E
  • Owner Before Previous Owner 2: STEINMAN CHRISTINA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 080403

Zoning

  • Zoning: PD

Geography

  • District: 0513
  • Subdivision Tract Number: A
  • Parcel: 50-42-31-24-0460
  • Lot: 46
  • Meridian: SEC 31 TWN 50S RNG 42E
  • Municipality: HOLLYWOOD
  • Latitude: 26.0625
  • Longitude: -80.1968

    Address

  • Full Address: 4851 Sw 38th Ter
  • Address - House Number: 4851
  • Street Direction: SW
  • Address - Street Name: 38th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Fort Lauderdale
  • Carrier Code: C041
  • 4-Digit Zip Code: 8245
  • Zip Code: 33312

Valuation

    Tax

  • Total Area: 2,260
  • Tax Year: 2023
  • Tax Amount: $11,379
  • Tax Rate Code Area: 0513

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 77
  • Final Value: 830,920
  • High Value: 975,049
  • Low Value: 686,791

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $396,000
  • First Open Lien Mortgage Lender: PLAZA HOME MORTGAGE INC
  • First Open Lien Mortgage Recording Date: May 11, 2021
  • First Open Lien Mortgage Loan Amount: $396,000
  • 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: Jun 01, 2051

    Market Valuation

  • Market Total Value: $591,010
  • Market Land Value: $67,720
  • Market Improvement Value: $523,290

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $547,160

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 03, 2021
  • Current Sale Recording Date: May 11, 2021
  • Current Sale Transaction ID: 11834479116
  • Current Sale Price: $495,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 117261467
  • Previous Sale Recording Date: Jul 29, 2011
  • Previous Sale Contract Date: Jun 28, 2011
  • Previous Sale Amount: $64,900
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: PLAZA HOME MORTGAGE INC
  • First Mortgage Transaction Date: May 11, 2021
  • First Mortgage Loan Amount: $396,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

About Dania Beach



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Frequently Asked Questions

What neighborhood is 4851 Southwest 38th Terrace located in?
The 4851 Southwest 38th Terrace is a house located in the neighborhood of Mapleridge in Dania Beach, Fort Lauderdale.
What is the average sales price for listings in 4851 Southwest 38th Terrace?
The average sales price for units in 4851 Southwest 38th Terrace is $0 currently.

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