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516 Northeast 7th Avenue

516 Northeast 7th Avenue, Fort Lauderdale, FL 33301
Townhouse in Victoria Park
516 Northeast 7th Avenue in Fort Lauderdale, FL was first built in 1931 and is 93 years old. Although, the building on the property was most recently renovated and altered in 1960. 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, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 516 Northeast 7th Avenue has 1,520 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 8,100 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable or hip style roof made of tile. 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. 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, 516 Northeast 7th Avenue was last sold in Aug 11, 2020 for $665,000. According to our calculations, that's $369.44 per sqft. Prior to that sales transaction, the property was sold for $465,000 in Dec 1, 2016. Current property owners are expected to pay $11,703 in taxes per year. The property on 516 Northeast 7th Avenue was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $648,980. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Parking

Covered Parking
Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200828 Unit 2
08/28/2020
2
2 Bed
4 Bath
1740 ft²
$469,000
bedrooms
2 Bed
bathrooms
4 Bath
square feet
1740 ft²
$460,000 -1.92%
02/03/2021
Zachary Finn
Finn Real Estate Enterprises

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 1960
  • Building Count: 2
  • Bedroom Count: 4
  • 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: Wood
  • Basement Area: 0
  • Parking Type: Garage
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,100
  • Lot Size Frontage Feet: 671
  • Total Building Area: 1,800
  • Gross Building Area: 1,800
  • Building Area: 1,520
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,520
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOLMBERG & MC KEES SUB 1-112 D
  • Land Acres: 0.186
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOLMBERG & MC KEES SUB 1-112 D LOT 18 S 40,19 N 20 BLK 2

Ownership

  • Current Owner : METZ ERIC C
  • Current Owner 2: CHU METZ KAREN
  • Previous Owner : DEPAOLIS ALESSANDRO
  • Previous Owner 2: DEPAOLIS HEATHER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 041801

Zoning

  • Zoning: RS-8

Geography

  • District: 0312
  • Parcel: 50-42-02-01-0380
  • Block: 2
  • Lot: 18
  • Meridian: SEC 02 TWN 50S RNG 42E
  • Municipality: FORT LAUDERDALE
  • Latitude: 26.1287
  • Longitude: -80.1352

    Address

  • Full Address: 516 Ne 8th Ave
  • Address - House Number: 516
  • Street Direction: NE
  • Address - Street Name: 8th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Fort Lauderdale
  • Carrier Code: C020
  • 4-Digit Zip Code: 1214
  • Zip Code: 33301

Valuation

    Tax

  • Total Area: 1,613
  • Tax Year: 2023
  • Tax Amount: $11,703
  • Tax Rate Code Area: 0312

    Appraisal Valuation

  • Standard Deviation: 0.1675
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 1,070,322
  • High Value: 1,249,652
  • Low Value: 890,992

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,110,400
  • First Open Lien Mortgage Lender: IBERIABANK
  • First Open Lien Mortgage Recording Date: Aug 17, 2020
  • First Open Lien Mortgage Loan Amount: $510,400
  • 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: Sep 01, 2050
  • Second Open Lien Mortgage Lender: SEACOAST NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Nov 28, 2023
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $600,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $782,400
  • Market Land Value: $202,500
  • Market Improvement Value: $579,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $648,980

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 11, 2020
  • Current Sale Recording Date: Aug 17, 2020
  • Current Sale Transaction ID: 11781150739
  • Current Sale Price: $665,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 116673445
  • Previous Sale Recording Date: Dec 01, 2016
  • Previous Sale Contract Date: Dec 01, 2016
  • Previous Sale Amount: $465,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: IBERIABANK
  • First Mortgage Transaction Date: Aug 17, 2020
  • First Mortgage Loan Amount: $510,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

About East Fort Lauderdale



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Frequently Asked Questions

What neighborhood is 516 Northeast 7th Avenue located in?
The 516 Northeast 7th Avenue is a townhouse located in the neighborhood of Victoria Park in East Fort Lauderdale, Fort Lauderdale.
What is the average sales price for listings in 516 Northeast 7th Avenue?
The average sales price for units in 516 Northeast 7th Avenue is $469,000 , or $270/sqft. currently.

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