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5501 Northwest 81st Terrace

5501 Northwest 81st Terrace, Fort Lauderdale, FL 33351
Sold Mar 11, 2016
$355,000
$348,570 by Everbank.com
Mortgage Due Apr 01, 2046
Sold Oct 01, 1986
$92,786
Local assessors in Fort Lauderdale, FL have categorized 5501 Northwest 81st Terrace as a residential type of property. The home was built in 1986 and is 38 years old. It was most recently renovated and altered in 1987. The property's lot size has been calculated to be 16,101 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, 4 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 3 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 5501 Northwest 81st Terrace has a total of 2,639 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 456 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. In addition, there is a pool 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. 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, 5501 Northwest 81st Terrace was last sold in Mar 9, 2016 for $355,000. According to our calculations, that's $113.82 per sqft. Prior to that sales transaction, the property was sold for $92,786 in Oct 1, 1986. Current property owners are expected to pay $8,084 in taxes per year. The property on 5501 Northwest 81st Terrace was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $367,470. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1987
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: Wood
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Garage
  • Garage Square Area: 456
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 16,101
  • Total Building Area: 3,119
  • Gross Building Area: 3,283
  • Building Area: 2,639
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,639
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BOULEVARD WOODS WEST SEC 2
  • Land Acres: 0.37
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BOULEVARD WOODS WEST SEC 2 113-11 B LOT 6 BLK 9

Ownership

  • Current Owner : WILKS CEDRIC L
  • Current Owner 2: WILKS PATRICIA J
  • Previous Owner : NUNN BRADLEY D
  • Previous Owner 2: NUNN DONNA K
  • Owner Before Previous Owner: AVAILABLE NOT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 060114

Zoning

  • Zoning: RS-5

Geography

  • Assessors Map Reference: 112
  • District: 1912
  • Parcel: 49-41-16-11-0840
  • Block: 9
  • Lot: 6
  • Meridian: SEC 16 TWN 49S RNG 41E
  • Municipality: LAUDERHILL
  • Latitude: 26.1923
  • Longitude: -80.2598

    Address

  • Full Address: 5501 Nw 81st Ter
  • Address - House Number: 5501
  • Street Direction: NW
  • Address - Street Name: 81st
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Lauderhill
  • Carrier Code: C020
  • 4-Digit Zip Code: 5026
  • Zip Code: 33351

Valuation

    Tax

  • Total Area: 3,044
  • Tax Year: 2023
  • Tax Amount: $8,084
  • Tax Rate Code Area: 1912

    Appraisal Valuation

  • Standard Deviation: 0.1822
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 76
  • Final Value: 723,914
  • High Value: 855,849
  • Low Value: 591,979

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $348,570
  • First Open Lien Mortgage Lender: EVERBANK.COM
  • First Open Lien Mortgage Recording Date: Mar 11, 2016
  • First Open Lien Mortgage Loan Amount: $348,570
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2046

    Market Valuation

  • Market Total Value: $573,840
  • Market Land Value: $56,140
  • Market Improvement Value: $517,700

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $367,470

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 09, 2016
  • Current Sale Recording Date: Mar 11, 2016
  • Current Sale Transaction ID: 1481485824
  • Current Sale Price: $355,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 113566140
  • Previous Sale Recording Date: Oct 01, 1986
  • Previous Sale Contract Date: Oct 01, 1986
  • Previous Sale Amount: $92,786
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERBANK.COM
  • First Mortgage Transaction Date: Mar 11, 2016
  • First Mortgage Loan Amount: $348,570
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2046

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Frequently Asked Questions

What neighborhood is 5501 Northwest 81st Terrace located in?
The 5501 Northwest 81st Terrace is a located in the neighborhood of Boulevard Woods West in Boulevard Woods West, Fort Lauderdale.
What is the average sales price for listings in 5501 Northwest 81st Terrace?
The average sales price for units in 5501 Northwest 81st Terrace is $0 currently.

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