NOT LISTED FOR SALE

1471 SW 1st Terrace Pompano Beach, FL 33060

South Dixie Neighborhood

Estimated Value: $519,000 - $707,000

4 Beds
3 Baths
1,890 Sq Ft
$320/Sq Ft Est. Value

Last Sold August 06, 2020

Last sale price $340,000 $180 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,148/month

74 Days on Market

Highlights

  • 7,194 Sq Ft lot
  • Garden View
  • Patio
  • McNab Elementary School Rated A-
  • Corner Lot
  • Ceramic Tile Flooring

About This Home

As of August 2020

See Offer Memorandum Attached*Oversize corner lot, lots of great trees and landscaping , very clean units, fully rented,very good location, three separate meters,all central air, 7 parking spots, property in excellent condition. Fully Rented Direct Deposit of rent. This Triplex is to be sold with the triplex NEXT DOOR 1471 SW 1st Terrace.

Last Agent to Sell the Property

Don Dillon

Seawinds Realty License #3091791 Listed on: 04/23/2020

Last Buyer's Agent

Kathleen Beasley

MMLS Assoc.-Inactive Member License #3224570

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,032

Year Built

  • Built in 1973

Lot Details

  • 7,194 Sq Ft Lot
  • Corner Lot

Home Design

  • Triplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,890 Sq Ft Home
  • 1-Story Property
  • Single Hung Metal Windows
  • Ceramic Tile Flooring
  • Garden Views

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 494202260010

Community Details

Overview

  • 3 Units
  • Westfield Sec B Resub Por Subdivision

Building Details

  • Operating Expense $9,581
  • Net Operating Income $27,619

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,032

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: I-95 TO CYPRESS CREEK ROAD EAST TO S. CYPRESS ROAD, NORTH TO 15TH ST, LEFT TO 1ST TERRACE. OR-I95 TO ATLANTIC BL, EAST TO CYPRESS RD, RIGHT, THEN RIGHT ONTO 15TH ST. TURN RIGHT AT 1ST TERRACE.
  • Year Built: 1973
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1890.0
  • Window Features: Metal, Single Hung

Exterior Features

  • Exterior Features: Patio
  • View: Garden
  • Lot Features: Corner Lot, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 494202260010
  • Lot Size Sq Ft: 7194.0
  • Zoning Description: RM-20
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 27619.0
  • Number Of Units Total: 3
  • Annual Operating Expense: 9581.0

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5032.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2020
Closed on
Aug 5, 2020
Sold by
County Rental Services Ii Llc
Bought by
Ritos Properties Lp
Seller's Agent
Don Dillon
Seawinds Realty
Buyer's Agent
Kathleen Beasley
MMLS Assoc.-Inactive Member
List Price
$420
Sold Price
$340,000
Premium/Discount to List
$339,580
80852.38%
Current Estimated Value
$604,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,333
Avg. Annual Appreciation
11.56%

Purchase Details

Closed on
Nov 5, 2019
Sold by
Brucke Lee and Arutyunova Natalya
Bought by
Broward County Rental Services Ii Llc

Purchase Details

Closed on
Aug 27, 2019
Sold by
Brucke Lee and Arutyunova Natalya
Bought by
Broward County Rental Services Ii Llc

Purchase Details

Closed on
Aug 6, 2009
Sold by
Us Bank National Association
Bought by
Brodsky Leonid and Arutyunova Natalya

Purchase Details

Closed on
Jul 31, 2009
Sold by
Mitchell George and Mortgage Electronic Registrati
Bought by
Us Bank National Association

Purchase Details

Closed on
May 27, 2009
Sold by
Mitchell George and Mortgage Electronic Registrati
Bought by
Us Bank National Association

Purchase Details

Closed on
May 17, 2005
Sold by
Cassidy Paul and Cassidy Lisa
Bought by
Mitchell George W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,600
Interest Rate
8.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 17, 1995
Sold by
San Martin Mirta N
Bought by
Cooley David L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
7.54%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 28, 1995
Sold by
Walpole Laverna P
Bought by
Cassidy Paul and Cassidy Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.38%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 1992
Sold by
Available Not
Bought by
Available Not
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
Ritos Properties Lp -- Champagne Title Services Inc
Ritos Properties Lp $680,000 Champagne Title Services Inc
Broward County Rental Services Ii Llc -- Attorney
Broward County Rental Services Ii Llc -- Attorney
Broward County Rental Services Ii Llc -- Attorney
Brodsky Leonid $119,000 Attorney
Us Bank National Association -- Attorney
Us Bank National Association -- Attorney
Mitchell George W $332,000 South Florida Title Insurers
Cooley David L $167,000 --
Cassidy Paul $100,000 --
Available Not $10,909 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mitchell George W $265,600
Previous Owner Cooley David L $133,600
Previous Owner Cassidy Paul $100,000
Closed Mitchell George W $33,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2020 08/06/20 Sold $340,000 +80852.4% $180 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
04/23/2020 04/23/20 For Sale $420 -- $0 / Sq Ft
Source: BeachesMLS

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 $10,330 $478,340 -- --
2024 $9,229 $478,340 $50,360 $344,970
2023 $9,229 $395,330 $50,360 $344,970
2022 $8,275 $365,500 $50,360 $315,140
2021 $8,141 $362,120 $50,360 $311,760
2020 $6,731 $298,860 $50,360 $248,500
2019 $5,032 $259,990 $50,360 $209,630
2018 $4,380 $213,000 $50,360 $162,640
2017 $3,764 $157,680 $0 $0
2016 $3,295 $143,350 $0 $0
2015 $3,218 $134,070 $0 $0
2014 $2,976 $121,890 $0 $0
2013 -- $116,650 $50,360 $66,290
Source: Public Records

Agents Affiliated with this Home

  • Don Dillon

    Seller's Agent in 2020

    Don Dillon

    Seawinds Realty

    (561) 379-5536

    41 Total Sales

    Don Dillon
    Section Image

  • K

    Buyer's Agent in 2020

    Kathleen Beasley

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10617911

BeachesMLS

APN: 49-42-02-26-0010

Florida Broward County Pompano Beach 33060 South Dixie

1471 SW 1st Terrace, Pompano Beach, FL

This home is located at 1471 SW 1st Terrace, Pompano Beach, FL 33060 since 23 April 2020 and is currently estimated at $604,333, approximately $319 per square foot. This property was built in 1973. 1471 SW 1st Terrace is a home located in Broward County with nearby schools including McNab Elementary School, Pompano Beach Middle School, and Blanche Ely 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 IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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