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4860 Northeast 1st Terrace

4860 Northeast 1st Terrace, Fort Lauderdale, FL 33334
Property in Oakland Park
Sold Jun 02, 1998
$85,500
$96,000 by Cmg Mortgage Inc
Mortgage Due Apr 01, 2050
Sold Apr 01, 1989
$57,750
4860 Northeast 1st 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 1962 and is 62 years old. However, we must point out that the home was most recently renovated and altered in 1963. The home has a total of 2 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, 4860 Northeast 1st Terrace has 1,199 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 7,500 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 carport for those who require parking. The garage measured 200 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. 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 Jan 1, 1970 for $85,500. That's $50.00 per sqft. Prior to that sales transaction, the property was also sold in Apr 1, 1989 for $57,750. 4860 Northeast 1st Terrace was last assessed in 2024. The total value of the property was assessed at $142,280. 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 $1,615. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1962
  • Effective Year Built: 1963
  • 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: Tile
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Type: Built-in
  • Garage Type: Carport
  • Garage Square Area: 200
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,710
  • Gross Building Area: 1,710
  • Building Area: 1,199
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,199
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTH ANDREWS GARDENS 2ND ADD
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORTH ANDREWS GARDENS 2ND ADD 31-39 B LOT 43 BLK 1

Ownership

  • Current Owner : GONZALEZ EDNA A
  • Previous Owner : WILSON CHARLES H
  • Previous Owner 2: WILSON LILLIAN I
  • Owner Before Previous Owner: AVAILABLE NOT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 050501

Zoning

  • Zoning: R-1C

Geography

  • District: 1712
  • Parcel: 49-42-15-03-0430
  • Block: 1
  • Lot: 43
  • Meridian: SEC 15 TWN 49S RNG 42E
  • Municipality: OAKLAND PARK
  • Latitude: 26.1875
  • Longitude: -80.1448

    Address

  • Full Address: 4860 Ne 1st Ter
  • Address - House Number: 4860
  • Street Direction: NE
  • Address - Street Name: 1st
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Fort Lauderdale
  • Carrier Code: C039
  • 4-Digit Zip Code: 1560
  • Zip Code: 33334

Valuation

    Tax

  • Total Area: 1,370
  • Tax Year: 2023
  • Tax Amount: $1,615
  • Tax Rate Code Area: 1712

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 77
  • Final Value: 533,833
  • High Value: 626,430
  • Low Value: 441,236

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $96,000
  • First Open Lien Mortgage Lender: CMG MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Apr 06, 2020
  • First Open Lien Mortgage Loan Amount: $96,000
  • 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: Apr 01, 2050

    Market Valuation

  • Market Total Value: $423,100
  • Market Land Value: $52,500
  • Market Improvement Value: $370,600

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $142,280

    Exemptions

  • Senior Citizen Exemption : Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Jun 02, 1998
  • Current Sale Transaction ID: 1058430614
  • Current Sale Price: $85,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Apr 01, 1989
  • Previous Sale Contract Date: Apr 01, 1989
  • Previous Sale Amount: $57,750
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GREENPOINT MORTGAGE CORP
  • First Mortgage Transaction Date: Jun 02, 1998
  • First Mortgage Loan Amount: $63,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Oakland Park



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Frequently Asked Questions

What neighborhood is 4860 Northeast 1st Terrace located in?
The 4860 Northeast 1st Terrace is a located in the neighborhood of Oakland Park in Oakland Park, Fort Lauderdale.
What is the average sales price for listings in 4860 Northeast 1st Terrace?
The average sales price for units in 4860 Northeast 1st Terrace is $0 currently.

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