NOT LISTED FOR SALE

1511 W Terra Mar Dr Pompano Beach, FL 33062

Estimated Value: $2,044,963 - $3,840,000

4 Beds
3.5 Baths
3,029 Sq Ft
$840/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $1,150,000 $380 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $15,579/month

78 Days on Market

Highlights

  • Property fronts an intracoastal waterway
  • Heated Pool
  • Deck
  • McNab Elementary School Rated A-
  • Gated Community
  • Great Room

About This Home

As of May 2017

Direct Intracoastal pool home located on a gated private island. Volume ceilings with water views the moment you open your front door. Large covered patio area and built in pool bar. Newer seawall and dock. Walking distance to the beach. 2 master suites with one upstairs and one downstairs. Large open kitchen. Terra Mar Island is located in the beautiful Lauderdale by the Sea beach side community with quaint shops, beach side restaurants and it's famous fishing pier. Great home for entertaining.

Last Agent to Sell the Property

Beverley Clarke

Inactive member License #548467 Listed on: 01/23/2017

Last Buyer's Agent

Beverley Clarke

Inactive member License #548467 Listed on: 01/23/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,580

Year Built

  • Built in 1962

Lot Details

  • 7,837 Sq Ft Lot
  • Property fronts an intracoastal waterway
  • East Facing Home
  • Fenced
  • Sprinkler System
  • Property is zoned RS-5

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 3,029 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Intracoastal Views
  • Security Gate

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • No Fixed Bridges
  • Seawall
  • Balcony
  • Deck
  • Open Patio
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 494306210600

Community Details

Overview

  • Terra Mar Island Estates Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,580

Year Built

Built in 1962

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1962
  • Architectural Style: Detached, Two Story
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Breakfast Area, Entrance Foyer, First Floor Entry, Living/Dining Room, Main Level Master
  • Appliances: Some Gas Appliances, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 3029.0
  • Dining Room Type: Den, Great Room

Exterior Features

  • Exterior Features: Balcony, Deck, Fence, Outdoor Grill, Porch, Patio
  • View: Intercoastal
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Heated, In Ground, Pool
  • Pool Private: Yes
  • Waterfront Features: Dock Access, Intracoastal Access, No Fixed Bridges, Seawall
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: East
  • Patio And Porch Features: Balcony, Deck, Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Barrel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage

Utilities

  • Security: Security Gate
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 50.0
  • Community Features: Gated, Street Lights
  • Senior Community: No
  • Association Fee Frequency: Annually

Lot Info

  • Parcel #: 494306210600
  • Lot Size Sq Ft: 7837.0
  • Zoning Description: RS-5
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 15580.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 22, 2019
Sold by
Paquin Roland and Girard Helene
Bought by
Paquin Roland and Girard Helene
Current Estimated Value
$2,523,058

Purchase Details

Listed on
Jan 23, 2017
Closed on
May 9, 2017
Sold by
Galstaun John and Galstaun Carlo
Bought by
Paquin Roland and Girad Helene
Seller's Agent
Beverley Clarke
Inactive member
Buyer's Agent
Beverley Clarke
Prudential Florida Realty
List Price
$1,390,000
Sold Price
$1,150,000
Premium/Discount to List
-$240,000
-17.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.08%

Purchase Details

Closed on
Sep 7, 2005
Sold by
Galstaun Marina
Bought by
Galstaun Marina and Galstaun John

Purchase Details

Closed on
Sep 17, 1993
Sold by
Citibank
Bought by
Galstaund Vahan and Galstaun Marina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.19%

Purchase Details

Closed on
Jul 16, 1993
Sold by
Clerk Circuit Court
Bought by
Citibank and Citicorp Sav Fl

Purchase Details

Closed on
Jun 30, 1993
Sold by
Clerk Circuit Court
Bought by
Citibank and Citicorp Sav Fl
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
Paquin Roland -- Attorney
Paquin Roland $1,150,000 Attorney
Galstaun Marina -- --
Galstaund Vahan $418,500 --
Citibank -- --
Citibank $314,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Galstaund Vahan $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2017 05/12/17 Sold $1,150,000 -17.3% $380 / Sq Ft
04/12/2017 04/12/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $1,390,000 -- $459 / 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 $26,220 $1,492,080 -- --
2024 $24,637 $1,492,080 -- --
2023 $24,637 $1,233,130 $0 $0
2022 $20,396 $1,121,030 $0 $0
2021 $18,127 $1,019,120 $470,220 $548,900
2020 $17,050 $955,550 $470,220 $485,330
2019 $17,176 $955,550 $470,220 $485,330
2018 $16,089 $903,900 $470,220 $433,680
2017 $15,257 $841,730 $0 $0
2016 $15,580 $833,060 $0 $0
2015 $15,407 $798,580 $0 $0
2014 $14,481 $734,470 $0 $0
2013 -- $713,020 $431,040 $281,980
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10049529

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-06-21-0600