NOT LISTED FOR SALE

1228 NW 7th Terrace Fort Lauderdale, FL 33311

South Middle River Neighborhood

Estimated Value: $409,584 - $589,000

3 Beds
-- Bath
1,428 Sq Ft
$340/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $300,000 $210 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $3,426/month

24 Days on Market

Highlights

  • Fruit Trees
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of February 2022

Two bedroom unit has tenant paying $1200/month, lease expires 5/31/22. One bedroom unit currently vacant, was renting for $925.00. Gravel parking area fits 4 vehicles comfortably. Small shed in back contains water heaters for both units and washer/dryer hookup. Rear yard is fenced and shared by both units. Both units have tile floors, central a/c units and large a large walk in closet/pantry off living room.

Last Agent to Sell the Property

Diana Fairbanks

Balistreri Real Estate Inc License #3165158 Listed on: 01/24/2022

Balistreri Real Estate Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,576

Year Built

  • Built in 1954

Lot Details

  • Fruit Trees

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,428 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • Progresso Subdivision

Listing and Financial Details

  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 494234035680

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,576

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Year Built: 1954
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Tile
  • Living Area: 1428.0
  • Window Features: Blinds, Other

Exterior Features

  • Exterior Features: Fruit Trees
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 4.0

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Gardener, Sewer, Trash Collection, Water
  • Community Features: Non-Gated
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 494234035680
  • Zoning Description: 08

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5576.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 27, 2023
Sold by
Taxman David M
Bought by
932 10Th Street Llc
Current Estimated Value
$495,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Outstanding Balance
$613,583
Interest Rate
6.31%
Mortgage Type
New Conventional
Estimated Equity
-$136,454

Purchase Details

Listed on
Oct 30, 2014
Closed on
Feb 12, 2015
Sold by
Federal National Mortgage Association
Bought by
Ira Nuview and Diana Fairbanks Ira
Seller's Agent
Steve McAleer
The Agency Florida LLC
Buyer's Agent
Diana Fairbanks
Coldwell Banker Residential RE
List Price
$144,500
Sold Price
$125,000
Premium/Discount to List
-$19,500
-13.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.59%

Purchase Details

Closed on
May 28, 2014
Sold by
Cleveland Gary W and Cleveland Laura N
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 29, 2001
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Jun 28, 2000
Sold by
Fleet Mortgage Corp
Bought by
Sec Of Hud

Purchase Details

Closed on
Apr 25, 2000
Sold by
Clerk Of The Court
Bought by
Fleet Mortgage Corp

Purchase Details

Closed on
Mar 11, 1997
Sold by
Gm Enterprises & Investments
Bought by
Toussaint Hans

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,669
Interest Rate
7.9%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 4, 1996
Sold by
Laine James D and Silverman Lloyd B And Susan M
Bought by
Armor Rodney L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,000
Interest Rate
6.97%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
932 10Th Street Llc -- --
Ira Nuview $125,000 Attorney
Federal National Mortgage Association $62,600 None Available
Available Not $82,000 --
Sec Of Hud -- --
Fleet Mortgage Corp $90,500 --
Toussaint Hans $82,000 --
Gm Enterprises & Investments $51,000 --
Armor Rodney L $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 932 10Th Street Llc $630,000
Closed 932 10Th Street Llc $630,000
Previous Owner Cleveland Gary W $184,000
Previous Owner Armor Rodney L $82,669
Previous Owner Armor Rodney L $3,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2022 02/18/22 Sold $300,000 0.0% $210 / Sq Ft
01/24/2022 01/24/22 For Sale $300,000 +140.0% $210 / Sq Ft
02/12/2015 02/12/15 Sold $125,000 -13.5% $88 / Sq Ft
01/13/2015 01/13/15 Pending -- -- --
10/30/2014 10/30/14 For Sale $144,500 -- $101 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,587 $433,010 -- --
2024 $8,074 $393,650 $33,760 $359,890
2023 $8,074 $364,000 $33,760 $330,240
2022 $6,258 $242,880 $0 $0
2021 $5,577 $220,800 $0 $0
2020 $4,922 $215,750 $33,760 $181,990
2019 $4,048 $187,630 $33,760 $153,870
2018 $3,552 $170,250 $33,760 $136,490
2017 $3,298 $150,820 $0 $0
2016 $3,125 $137,120 $0 $0
2015 $2,739 $116,710 $0 $0
2014 $2,224 $87,540 $0 $0
2013 -- $84,910 $33,760 $51,150
Source: Public Records

Agents Affiliated with this Home

  • Diana Fairbanks

    Seller's Agent in 2022

    Diana Fairbanks

    Balistreri Real Estate Inc

    (954) 600-4003

    2 in this area

    135 Total Sales

    Section Image
  • Steve McAleer

    Seller's Agent in 2015

    Steve McAleer

    The Agency Florida LLC

    (305) 203-5085

    2 in this area

    38 Total Sales

    Section Image

  • D

    Buyer's Agent in 2015

    Diana Fairbanks

    Coldwell Banker Residential RE

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10315592

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-34-03-5680

Florida Broward County Fort Lauderdale 33311 South Middle River

1228 NW 7th Terrace, Fort Lauderdale, FL

This home is located at 1228 NW 7th Terrace, Fort Lauderdale, FL 33311 since 24 January 2022 and is currently estimated at $485,146, approximately $339 per square foot. This property was built in 1954. 1228 NW 7th Terrace is a home located in Broward County with nearby schools including Thurgood Marshall Elementary School, Sunrise Middle School, and Dillard High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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