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5655 Southwest 192nd Terrace

5655 Southwest 192nd Terrace, Fort Lauderdale, FL 33332
Sold Jul 01, 2020
$1,350,000
$1,080,000 by Recovo Mortgage Management Llc
Mortgage Due Jul 01, 2050
Sold Feb 02, 1994
$93,000
Local assessors in Fort Lauderdale, FL have categorized 5655 Southwest 192nd Terrace as a residential type of property. The home was built in 1996 and is 28 years old. It was most recently renovated and altered in 1997. The property's lot size has been calculated to be 120,224 square feet. 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 5655 Southwest 192nd Terrace has a total of 4,987 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 848 sqft. There are 5 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 tile. 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, 5655 Southwest 192nd Terrace sold most recently in Jun 24, 2020 for a total of $1,350,000. If you work out the math, that's approximately a cost of $159.67 per sqft. Before that, the property was also sold for $93,000 in Jan 31, 1994. 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 $23,485 in taxes each year. 5655 Southwest 192nd Terrace was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $1,320,550. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1997
  • Building Count: 2
  • Bedroom Count: 0
  • 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: Concrete
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Garage
  • Garage Square Area: 848
  • Parking Space Count: 5
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 120,224
  • Total Building Area: 8,455
  • Gross Building Area: 8,455
  • Building Area: 4,987
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 4,987
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTFIELD ESTATES 148-1 B
  • Land Acres: 2.76
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WESTFIELD ESTATES 148-1 B LOT 4

Ownership

  • Current Owner : ASSAF MORAD
  • Current Owner 2: ALVAREZ MELISA
  • Previous Owner : RIVERA JOHN JOSEPH
  • Previous Owner 2: RIVERA WANDA MARIE
  • Owner Before Previous Owner: LEONARD HASKEL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 070314

Zoning

  • Zoning: A-1

Geography

  • Assessors Map Reference: 247BB
  • District: 3413
  • Parcel: 50-39-36-11-0040
  • Lot: 4
  • Meridian: SEC 36 TWN 50S RNG 39E
  • Municipality: SOUTHWEST RANCHES
  • Latitude: 26.0482
  • Longitude: -80.4054

    Address

  • Full Address: 5655 Sw 192nd Ter
  • Address - House Number: 5655
  • Street Direction: SW
  • Address - Street Name: 192nd
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Southwest Ranches
  • Carrier Code: C001
  • 4-Digit Zip Code: 3320
  • Zip Code: 33332

Valuation

    Tax

  • Total Area: 6,906
  • Tax Year: 2023
  • Tax Amount: $23,485
  • Tax Rate Code Area: 3413

    Appraisal Valuation

  • Standard Deviation: 0.1679
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 78
  • Final Value: 2,743,597
  • High Value: 3,204,286
  • Low Value: 2,282,909

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,080,000
  • First Open Lien Mortgage Lender: RECOVO MORTGAGE MANAGEMENT LLC
  • First Open Lien Mortgage Recording Date: Jul 01, 2020
  • First Open Lien Mortgage Loan Amount: $1,080,000
  • 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: Jul 01, 2050
  • Second Open Lien Mortgage Lender: SPACE COAST CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Aug 15, 2022
  • Second Open Lien Mortgage Loan Amount: $1,000,000
  • 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: $1,768,340
  • Market Land Value: $480,900
  • Market Improvement Value: $1,287,440

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $1,320,550

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 24, 2020
  • Current Sale Recording Date: Jul 01, 2020
  • Current Sale Transaction ID: 11770263191
  • Current Sale Price: $1,350,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 116586520
  • Previous Sale Recording Date: Feb 02, 1994
  • Previous Sale Contract Date: Jan 31, 1994
  • Previous Sale Amount: $93,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RECOVO MORTGAGE MANAGEMENT LLC
  • First Mortgage Transaction Date: Jul 01, 2020
  • First Mortgage Loan Amount: $1,080,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

About Westfield Estates



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Frequently Asked Questions

What neighborhood is 5655 Southwest 192nd Terrace located in?
The 5655 Southwest 192nd Terrace is a located in the neighborhood of Westfield Estates in Westfield Estates, Fort Lauderdale.
What is the average sales price for listings in 5655 Southwest 192nd Terrace?
The average sales price for units in 5655 Southwest 192nd Terrace is $0 currently.

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