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5311 Northeast 16th Terrace

5311 Northeast 16th Terrace, Fort Lauderdale, FL 33334
Sold Jul 26, 2019
$420,000
$401,700 by United Wholesale Mortgage Llc
Mortgage Due Feb 01, 2052
Sold Sep 07, 2018
$345,000
5311 Northeast 16th Terrace in Fort Lauderdale, FL was first built in 1960 and is 64 years old. Although, the building on the property was most recently renovated and altered in 1990. 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, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5311 Northeast 16th Terrace has 1,473 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 7,493 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 unknown on the property. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a garage. The garage is 400 sqft. There are a total of 2 available parking spaces. 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, 5311 Northeast 16th Terrace was last sold in Jul 23, 2019 for $420,000. According to our calculations, that's $185.59 per sqft. Prior to that sales transaction, the property was sold for $345,000 in Aug 31, 2018. Current property owners are expected to pay $7,218 in taxes per year. The property on 5311 Northeast 16th Terrace was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $403,480. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Exterior

Composite Shingle Siding

Parking

Covered Parking

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1990
  • 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: Concrete
  • Basement Area: 0
  • Parking Type: Built-in
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,493
  • Lot Size Frontage Feet: 735
  • Total Building Area: 2,263
  • Gross Building Area: 2,263
  • Building Area: 1,473
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,473
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORAL RIDGE ISLES 45-47 B
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CORAL RIDGE ISLES 45-47 B LOT 8 BLK 31

Ownership

  • Current Owner : FACADA DAVID JAMES
  • Current Owner 2: BAPTISTA ARLENE
  • Previous Owner : PEREZ JASON
  • Previous Owner 2: PEREZ FRANK
  • Owner Before Previous Owner: HOLMES ADINA
  • Owner Before Previous Owner 2: HOLMES ADINA
  • 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: 040300

Zoning

  • Zoning: RS-8

Geography

  • District: 0312
  • Parcel: 49-42-11-07-0850
  • Block: 31
  • Lot: 8
  • Meridian: SEC 11 TWN 49S RNG 42E
  • Municipality: FORT LAUDERDALE
  • Latitude: 26.1941
  • Longitude: -80.1257

    Address

  • Full Address: 5311 Ne 16th Ter
  • Address - House Number: 5311
  • Street Direction: NE
  • Address - Street Name: 16th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Fort Lauderdale
  • Carrier Code: C034
  • 4-Digit Zip Code: 5826
  • Zip Code: 33334

Valuation

    Tax

  • Total Area: 1,800
  • Tax Year: 2023
  • Tax Amount: $7,218
  • Tax Rate Code Area: 0312

    Appraisal Valuation

  • Standard Deviation: 0.1854
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 75
  • Final Value: 782,917
  • High Value: 928,105
  • Low Value: 637,730

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $401,700
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jan 19, 2022
  • First Open Lien Mortgage Loan Amount: $401,700
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $612,830
  • Market Land Value: $74,930
  • Market Improvement Value: $537,900

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $403,480

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 23, 2019
  • Current Sale Recording Date: Jul 26, 2019
  • Current Sale Transaction ID: 11627457052
  • Current Sale Price: $420,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 115955138
  • Previous Sale Recording Date: Sep 07, 2018
  • Previous Sale Contract Date: Aug 31, 2018
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRIMARY RESIDENTIAL MORTGAGE I
  • First Mortgage Transaction Date: Jul 26, 2019
  • First Mortgage Loan Amount: $399,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

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Frequently Asked Questions

What neighborhood is 5311 Northeast 16th Terrace located in?
The 5311 Northeast 16th Terrace is a house located in the neighborhood of Coral Ridge Isles in North Fort Lauderdale, Fort Lauderdale.
What is the average sales price for listings in 5311 Northeast 16th Terrace?
The average sales price for units in 5311 Northeast 16th Terrace is $0 currently.

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