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5781 Southwest 88th Terrace

5781 Southwest 88th Terrace, Fort Lauderdale, FL 33328
Sold Jul 02, 2021
$540,000
$486,000 by United Wholesale Mortgage
Mortgage Due Jul 01, 2051
Sold Sep 25, 2019
$475,000
$408,675 by Everett Financial Inc
Mortgage Due Oct 01, 2049
Local assessors in Fort Lauderdale, FL have categorized 5781 Southwest 88th Terrace as a residential type of property. The home was built in 1989 and is 35 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 16,992 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 5781 Southwest 88th Terrace has a total of 1,892 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 440 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. 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, 5781 Southwest 88th Terrace was last sold in Jun 1, 2021 for $540,000. According to our calculations, that's $201.34 per sqft. Prior to that sales transaction, the property was sold for $475,000 in Sep 25, 2019. Current property owners are expected to pay $10,958 in taxes per year. The property on 5781 Southwest 88th Terrace was last assessed in 2024. As a result of that assessment, the total value of the property was placed at $574,240. To break that down further, the land itself was valued at $104,380. While improvements to the property were assessed at a total of $469,860. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1989
  • 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: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,992
  • Total Building Area: 2,682
  • Gross Building Area: 2,682
  • Building Area: 1,892
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,892
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COUNTRY ADDRESS ENCORE 132-29 B
  • Land Acres: 0.39
  • Standard Land Use Code: Single family residential
  • Legal Description 1: COUNTRY ADDRESS ENCORE 132-29 B LOT 54 (PT LAKE) BLK 4

Ownership

  • Current Owner : COHEN YANIV
  • Current Owner 2: DURANGO NICOLE
  • Previous Owner : BERMAN JEFFREY
  • Previous Owner 2: BERMAN STACI
  • Owner Before Previous Owner: ROEDEL JERRY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R-1-C

Geography

  • Assessors Map Reference: 206
  • District: 1013H
  • Parcel: 50-41-32-18-1400
  • Block: 4
  • Lot: 54
  • Meridian: SEC 32 TWN 50S RNG 41E
  • Municipality: COOPER CITY
  • Latitude: 26.0472
  • Longitude: -80.2646

    Address

  • Full Address: 5781 Sw 88th Ter
  • Address - House Number: 5781
  • Street Direction: SW
  • Address - Street Name: 88th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Cooper City
  • Carrier Code: C014
  • 4-Digit Zip Code: 5153
  • Zip Code: 33328

Valuation

    Tax

  • Total Area: 2,426
  • Tax Year: 2023
  • Tax Amount: $10,958
  • Tax Rate Code Area: 1013H

    Appraisal Valuation

  • Standard Deviation: 0.1814
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 758,107
  • High Value: 895,688
  • Low Value: 620,526

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $486,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 02, 2021
  • First Open Lien Mortgage Loan Amount: $486,000
  • 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, 2051

    Market Valuation

  • Market Total Value: $574,240
  • Market Land Value: $104,380
  • Market Improvement Value: $469,860

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $574,240
  • Assessed Land Value: $104,380
  • Assessed Improvements Value: $469,860

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 01, 2021
  • Current Sale Recording Date: Jul 02, 2021
  • Current Sale Transaction ID: 11841534009
  • Current Sale Price: $540,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 117395428
  • Previous Sale Recording Date: Sep 25, 2019
  • Previous Sale Contract Date: Sep 25, 2019
  • Previous Sale Amount: $475,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jul 02, 2021
  • First Mortgage Loan Amount: $486,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: EVERETT FINANCIAL INC
  • Previous Mortgage Transaction Date: Sep 25, 2019
  • Previous Mortgage Loan Amount: $408,675
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2049

About Country Encore



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Nearby Rentals

Unit for rent at

$2,895 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,682 ft²
Listing by Glenn Marks
Unit for rent at

$3,000 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,472 ft²
Listing by Aida Vasquez
Unit for rent at

$2,950 /mo

  • 3 Beds
  • 2 Baths
Listing by Manager

Frequently Asked Questions

What neighborhood is 5781 Southwest 88th Terrace located in?
The 5781 Southwest 88th Terrace is a house located in the neighborhood of Country Encore in Country Encore, Fort Lauderdale.
What is the average sales price for listings in 5781 Southwest 88th Terrace?
The average sales price for units in 5781 Southwest 88th Terrace is $560,000 , or $296/sqft. currently.

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