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5631 Southwest 56th Street

5631 Southwest 56th Street, Fort Lauderdale, FL 33314
Sold Oct 19, 2021
$394,000
$374,300 by Caliber Home Loans Inc
Mortgage Due Nov 01, 2051
Sold Jun 16, 2021
$290,200
Local assessors in Fort Lauderdale, FL have categorized 5631 Southwest 56th Street as a residential type of property. The home was built in 1962 and is 62 years old. It was most recently renovated and altered in 1963. The property's lot size has been calculated to be 6,695 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, 2 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 is one full bathroom. There is also a partial bathroom. 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 5631 Southwest 56th Street has a total of 1,485 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. 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. 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, 5631 Southwest 56th Street sold most recently in Oct 15, 2021 for a total of $394,000. If you work out the math, that's approximately a cost of $260.93 per sqft. Before that, the property was also sold for $290,200 in Jun 14, 2021. 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 $7,162 in taxes each year. 5631 Southwest 56th Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $360,480. If we break it down further, the land itself was valued at $73,650. Improvements to the property, however, were assessed at a total of $286,830. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Driveway

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

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1963
  • Building Count: 2
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,695
  • Lot Size Frontage Feet: 658
  • Total Building Area: 1,510
  • Gross Building Area: 1,750
  • Building Area: 1,485
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,485
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STIRLING LAKE 48-45 B
  • Land Acres: 0.154
  • Standard Land Use Code: Single family residential
  • Legal Description 1: STIRLING LAKE 48-45 B LOT 4 BLK 2

Ownership

  • Current Owner : GIANFORMAGGIO RICARDO LORENZO
  • Previous Owner : WOOFMASTER INC
  • Owner Before Previous Owner: RUIMY SHIMON
  • Owner Before Previous Owner 2: RUIMY AVI
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Feb 26, 2024

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 070102

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: 209
  • District: 2413H
  • Parcel: 50-41-35-04-0320
  • Block: 2
  • Lot: 4
  • Meridian: SEC 35 TWN 50S RNG 41E
  • Municipality: DAVIE
  • Latitude: 26.051
  • Longitude: -80.2219

    Address

  • Full Address: 5631 Sw 56th St
  • Address - House Number: 5631
  • Street Direction: SW
  • Address - Street Name: 56th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Davie
  • Carrier Code: C004
  • 4-Digit Zip Code: 6619
  • Zip Code: 33314

Valuation

    Tax

  • Total Area: 1,493
  • Tax Year: 2023
  • Tax Amount: $7,162
  • Tax Rate Code Area: 2413H

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 77
  • Final Value: 518,474
  • High Value: 608,407
  • Low Value: 428,541

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $374,300
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Oct 19, 2021
  • First Open Lien Mortgage Loan Amount: $374,300
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $360,480
  • Market Land Value: $73,650
  • Market Improvement Value: $286,830

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $360,480
  • Assessed Land Value: $73,650
  • Assessed Improvements Value: $286,830

    Sales

  • Current Sale Contract Date: Oct 15, 2021
  • Current Sale Recording Date: Oct 19, 2021
  • Current Sale Transaction ID: 11860180019
  • Current Sale Price: $394,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 117670157
  • Previous Sale Recording Date: Jun 16, 2021
  • Previous Sale Contract Date: Jun 14, 2021
  • Previous Sale Amount: $290,200
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Oct 19, 2021
  • First Mortgage Loan Amount: $374,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

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Frequently Asked Questions

What neighborhood is 5631 Southwest 56th Street located in?
The 5631 Southwest 56th Street is a house located in the neighborhood of Stirling Lake in Stirling Lake, Fort Lauderdale.
What is the average sales price for listings in 5631 Southwest 56th Street?
The average sales price for units in 5631 Southwest 56th Street is $0 currently.

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