NOT LISTED FOR SALE

1501 NW 7th Terrace Fort Lauderdale, FL 33311

South Middle River Neighborhood

Estimated Value: $428,251 - $466,000

2 Beds
2 Baths
1,148 Sq Ft
$388/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $300,000 $261 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,068/month

78 Days on Market

Highlights

  • Newly Remodeled
  • Room in yard for a pool
  • No HOA
  • Sitting Area In Primary Bedroom
  • Garden View
  • Fireplace

About This Home

As of November 2021

Bright and renovated 2 bed and 2 bath single family home in one of the fastest growing neighborhoods in Fort Lauderdale. Home boasts vaulted ceilings in the living room and master bedroom. Home has a new roof (2019) and a brand new A/C (2020). House is on a corner lot, with room to expand. Large backyard with spacious covered patio, and plenty of room for a pool. Property can very easily be divided into two units for use as multiple Airbnb’s. Centrally located and less than 10 minutes from the beach, the airport, downtown shopping district, Las Olas, and much more!

Last Agent to Sell the Property

Adam Geller

LoKation License #3466261 Listed on: 08/27/2021

LoKation

Last Buyer's Agent

Adam Geller

LoKation License #3466261 Listed on: 08/27/2021

LoKation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,515

Year Built

  • Built in 1953 | Newly Remodeled

Lot Details

  • 6,757 Sq Ft Lot
  • East Facing Home
  • Fenced

Home Design

  • Shingle Roof

Interior Spaces

  • 1,148 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Ice Maker
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Sitting Area In Primary Bedroom
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Room in yard for a pool
  • Patio
  • Exterior Lighting

Schools

  • Marshall;Thurgd Elementary School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Progresso Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494234015140

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,515

Year Built

Built in 1953 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1953
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: PROGRESSO
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Water Heater, Ice Maker, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Family Room, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 1148
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Ground Level, Sitting Area - Master Bedroom
  • Dining Room Features: Eat-In Kitchen, Snack Bar/Counter
  • Living Room Features: Family Room, Utility Room/Laundry
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Exterior Features: Lighting, Room For Pool
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: PROGRESSO
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Electric: Fuse Box
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Marshall;Thurgd

Lot Info

  • Parcel Number: 494234015140
  • Lot Size Sq Ft: 6757
  • Zoning: residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4515

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2021
Closed on
Nov 4, 2021
Sold by
Geller Judith Stephanie
Bought by
Friedman Adam
Seller's Agent
Adam Geller
LoKation
Buyer's Agent
Adam Geller
LoKation
List Price
$345,000
Sold Price
$300,000
Premium/Discount to List
-$45,000
-13.04%
Current Estimated Value
$445,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,813
Avg. Annual Appreciation
11.03%
Original Mortgage
$239,700
Outstanding Balance
$221,991
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$224,970

Purchase Details

Closed on
Jul 12, 2019
Sold by
Development4life Ht Llc
Bought by
Geller Judith Stephanie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 7, 2013
Sold by
Catalpa Capital Corp
Bought by
Development4life Ht Llc

Purchase Details

Closed on
Dec 29, 2009
Sold by
Mendez Martha M and Mendez Carlos
Bought by
Catalpa Capital Corporation

Purchase Details

Closed on
Oct 29, 2002
Sold by
Carwell Louis Calvin and Carwell Mary
Bought by
Sullivan James and Sullivan Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,900
Interest Rate
5.98%
Source: Public Records

Range of Values:

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Average Value
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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
Friedman Adam $300,000 Attorney
Geller Judith Stephanie $235,000 Attorney
Development4life Ht Llc $73,500 Independence Title Inc
Catalpa Capital Corporation $38,000 Attorney
Sullivan James $76,000 Members Title Services Inc
Mendez Martha $99,900 Members Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friedman Adam $239,700
Previous Owner Geller Judith Stephanie $211,500
Previous Owner Mendez Martha M $236,603
Previous Owner Mendez Martha M $218,274
Previous Owner Mendez Martha $99,900
Closed Mendez Martha $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $300,000 -4.8% $261 / Sq Ft
09/16/2021 09/16/21 Price Changed $315,000 -3.1% $274 / Sq Ft
08/27/2021 08/27/21 Price Changed $325,000 -5.8% $283 / Sq Ft
08/18/2021 08/18/21 For Sale $345,000 -- $301 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $7,664 $399,940 $37,160 $362,780
2024 $7,086 $399,940 $37,160 $362,780
2023 $7,086 $332,930 $0 $0
2022 $6,186 $302,670 $37,160 $265,510
2021 $5,062 $235,230 $0 $0
2020 $4,515 $213,850 $37,160 $176,690
2019 $4,930 $248,630 $37,160 $211,470
2018 $4,390 $231,030 $37,160 $193,870
2017 $4,131 $205,370 $0 $0
2016 $3,848 $186,700 $0 $0
2015 $3,598 $169,730 $0 $0
2014 $3,307 $154,300 $0 $0
2013 -- $135,290 $20,270 $115,020
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Adam Geller

    LoKation Real Estate

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11084442

MIAMI REALTORS® MLS

APN: 49-42-34-01-5140

Florida Broward County Fort Lauderdale 33311 South Middle River

1501 NW 7th Terrace, Fort Lauderdale, FL

This home is located at 1501 NW 7th Terrace, Fort Lauderdale, FL 33311 since 27 August 2021 and is currently estimated at $445,813, approximately $388 per square foot. This property was built in 1953. 1501 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.

MIAMI REALTORS® MLS 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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