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5281 Southwest 88th Terrace

5281 Southwest 88th Terrace, Fort Lauderdale, FL 33328
Sold Dec 30, 2019
$340,000
$345,000 by Home Point Financial Corporati
Mortgage Due Apr 01, 2051
Sold May 01, 2016
$100
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The property has no active listings. Please see other similar options below.
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Unit for sale at 5220 SW 90th Ave, Cooper  City, FL 33328

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Unit for sale at 5173 SW 90th Ave, Cooper  City, FL 33328

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Local assessors in Fort Lauderdale, FL have categorized 5281 Southwest 88th Terrace as a residential type of property. The home was built in 1971 and is 53 years old. It was most recently renovated and altered in 1972. The property's lot size has been calculated to be 7,500 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. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5281 Southwest 88th Terrace has a total of 1,322 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 360 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. In addition, there is a unknown on the property. Perfect for those who want to host pool parties over the summer. 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 masonry 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 composition shingle. 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. 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, 5281 Southwest 88th Terrace sold most recently in Dec 20, 2019 for a total of $340,000. If you work out the math, that's approximately a cost of $164.49 per sqft. Before that, the property was also sold for $100 in May 1, 2016. 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 $3,572 in taxes each year. 5281 Southwest 88th Terrace was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $218,110. 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.

Building Features

Exterior

Block Exterior

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 3
  • 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: Tile
  • Basement Area: 0
  • Parking Type: Built-in
  • Garage Type: Garage
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,067
  • Gross Building Area: 2,067
  • Building Area: 1,322
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,322
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COOPER COLONY ESTATES SEC 2-A
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COOPER COLONY ESTATES SEC 2-A 50-24 B LOT 9 BLK 31

Ownership

  • Current Owner : WILLOUGHBY TIMOTHY D
  • Current Owner 2: REYES DARLING DEL ROSARIO
  • Previous Owner : SRP SUB LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 070404

Zoning

  • Zoning: R-1-A

Geography

  • Assessors Map Reference: 206
  • District: 1013H
  • Parcel: 50-41-32-04-2230
  • Block: 31
  • Lot: 9
  • Meridian: SEC 32 TWN 50S RNG 41E
  • Municipality: COOPER CITY
  • Latitude: 26.0532
  • Longitude: -80.2648

    Address

  • Full Address: 5281 Sw 88th Ter
  • Address - House Number: 5281
  • Street Direction: SW
  • Address - Street Name: 88th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Cooper City
  • Carrier Code: C006
  • 4-Digit Zip Code: 5106
  • Zip Code: 33328

Valuation

    Tax

  • Total Area: 1,623
  • Tax Year: 2023
  • Tax Amount: $3,572
  • Tax Rate Code Area: 1013H

    Appraisal Valuation

  • Standard Deviation: 0.2189
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 69
  • Final Value: 550,264
  • High Value: 670,734
  • Low Value: 429,795

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $478,323
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Apr 01, 2021
  • First Open Lien Mortgage Loan Amount: $345,000
  • 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, 2051
  • Second Open Lien Mortgage Lender: AMERANT BANK NA
  • Second Open Lien Mortgage Recording Date: Jun 09, 2022
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $133,323
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $381,640
  • Market Land Value: $58,130
  • Market Improvement Value: $323,510

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $218,110

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 20, 2019
  • Current Sale Recording Date: Dec 30, 2019
  • Current Sale Transaction ID: 11712050133
  • Current Sale Price: $340,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 116261148
  • Previous Sale Recording Date: May 01, 2016
  • Previous Sale Contract Date: May 01, 2016
  • Previous Sale Amount: $100
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Dec 30, 2019
  • First Mortgage Loan Amount: $323,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2050

About Cooper Colony Estates



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Nearby Rentals

Unit for rent at

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,154 ft²
Listing by Mitesh Shah
Unit for rent at

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,240 ft²
Listing by Naveed Peerani

Frequently Asked Questions

What neighborhood is 5281 Southwest 88th Terrace located in?
The 5281 Southwest 88th Terrace is a house located in the neighborhood of Cooper Colony Estates in Cooper Colony Estates, Fort Lauderdale.
What is the average sales price for listings in 5281 Southwest 88th Terrace?
The average sales price for units in 5281 Southwest 88th Terrace is $0 currently.

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