NOT LISTED FOR SALE

1620 E Terra Mar Dr Pompano Beach, FL 33062

Estimated Value: $1,545,000 - $1,655,000

3 Beds
2 Baths
2,035 Sq Ft
$790/Sq Ft Est. Value

Last Sold August 31, 2018

Last sale price $865,000 $425 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $9,623/month

112 Days on Market

Highlights

  • Property has ocean access
  • Free Form Pool
  • Waterfront
  • McNab Elementary School Rated A-
  • Gated Community
  • Marble Flooring

About This Home

As of August 2018

Beach & boater's paradise on a gated Intracoastal Island off A1A & the Intracoastal! Completely upgraded inside & out, ocean access, no fixed bridges, wide canal, private dock w/ new seawall & 50/30 amp & water, w/ pool, paved exterior & 1 car garage! Open floorplan overlooking pool & water. Walk to the beach to watch the sun rise, take a dip in your pool to cool off, have a sunset cruise on the Intracoastal & settle in to your tucked away treasure you call home. Florida living at its' best!

Last Agent to Sell the Property

Michelle Louviere

Inactive Member License #701493 Listed on: 04/10/2018

Inactive Member

Last Buyer's Agent

John Rapp

Rapp Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,989

Year Built

  • Built in 1955

Lot Details

  • 7,500 Sq Ft Lot
  • Waterfront
  • West Facing Home
  • Fenced
  • Sprinkler System
  • Property is zoned RS-5

Parking

  • 1 Car Attached Garage
  • Circular Driveway

Home Design

  • Spanish Tile Roof

Interior Spaces

  • 2,035 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Bay Window
  • French Doors
  • Formal Dining Room
  • Water Views

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Impact Glass

Pool

  • Free Form Pool
  • Gunite Pool

Outdoor Features

  • Property has ocean access
  • No Fixed Bridges
  • Canal Access
  • Seawall
  • Balcony
  • Open Patio
  • Porch

Schools

  • Mcnab Elementary School
  • Pompano B.Middle School
  • Pompano Instute High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

  • Terra Mar Island Estates Subdivision
  • Public Transportation
  • Gated Community

Listing and Financial Details

  • Assessor Parcel Number 494306210670

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,989

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Commercial Blvd. east to A1A, north to light at Terra Mar Drive. Left at light, go thru gates, right at stop. House is a few blocks up on the right. Note: mapquest directions & location are correct. However, the city is Lauderdale by the Sea, not Pompano.
  • Year Built: 1955
  • Architectural Style: One Story
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Bar, Bedroom on Main Level, Dining Area, Separate/Formal Dining Room, Family/Dining Room, French Door(s)/Atrium Door(s), First Floor Entry, Main Level Master, Split Bedrooms, Walk-In Closet(s), Bay Window
  • Private Spa: No
  • Furnished: Unfurnished
  • Appliances: Some Gas Appliances, Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Marble, Wood
  • Living Area: 2035.0
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Fence, Security/High Impact Doors, Lighting, Porch, Patio
  • View: Water
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Free Form, Gunite, In Ground, Other, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Beach Access, Canal Access, Dock Access, No Fixed Bridges, Ocean Access, Seawall, Water Access
  • Waterfront: Yes
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Balcony, Open, Patio, Porch
  • Property Condition: Resale, Updated/Remodeled
  • Roof: Spanish Tile

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Attached, Circular Driveway, Garage

Utilities

  • Security: Security Gate
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Public Transportation, Street Lights
  • Senior Community: No
  • Pets Allowed: No Pet Restrictions, Yes

Schools

  • Elementary School: Mcnab
  • High School: Pompano Instute
  • Middle Or Junior School: Pompano B.Middle

Lot Info

  • Parcel #: 494306210670
  • Lot Size Sq Ft: 7500.0
  • Zoning Description: RS-5
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 12989.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2018
Closed on
Aug 31, 2018
Sold by
Kennedy Robert E and Barcelona Laurie A
Bought by
Goldman Jeffrey S and Goldman Cindy
Seller's Agent
Michelle Louviere
Inactive Member
Buyer's Agent
John Rapp
Rapp Realty Inc
List Price
$895,000
Sold Price
$865,000
Premium/Discount to List
-$30,000
-3.35%
Current Estimated Value
$1,608,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$743,361
Avg. Annual Appreciation
9.05%
Original Mortgage
$692,000
Outstanding Balance
$602,222
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$1,006,139

Purchase Details

Listed on
Jul 13, 2016
Closed on
Dec 24, 2016
Sold by
Talbot Scott and Talbot Renee
Bought by
Kennedy Robert E and Barcelona Laurie A
Seller's Agent
Michelle Louviere
Inactive Member
Buyer's Agent
Michelle Louviere
Inactive Member
List Price
$899,000
Sold Price
$795,000
Premium/Discount to List
-$104,000
-11.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$596,250
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2005
Sold by
Gianfrancesco Harry J and Onthank Margaret J
Bought by
Talbot Scott and Talbot Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 1980
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
Goldman Jeffrey S $865,000 Closing Express Inc
Kennedy Robert E $795,000 Nexstar Title And Escrow Llc
Talbot Scott $839,000 --
Available Not $96,571 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goldman Jeffrey S $692,000
Previous Owner Kennedy Robert E $596,250
Previous Owner Talbot Scott $103,900
Previous Owner Talbot Scott $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2018 08/31/18 Sold $865,000 -3.4% $425 / Sq Ft
08/01/2018 08/01/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $895,000 0.0% $440 / Sq Ft
05/20/2017 05/20/17 Rented $4,500 -18.2% --
04/20/2017 04/20/17 Under Contract -- -- --
03/08/2017 03/08/17 For Rent $5,500 0.0% --
12/28/2016 12/28/16 Sold $795,000 -11.6% $386 / Sq Ft View Prior Sale
11/28/2016 11/28/16 Pending -- -- --
07/13/2016 07/13/16 For Sale $899,000 -- $436 / 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 $14,256 $838,580 -- --
2024 $13,988 $814,950 -- --
2023 $13,988 $791,220 $0 $0
2022 $12,951 $768,180 $0 $0
2021 $12,579 $745,810 $0 $0
2020 $12,425 $735,150 $0 $0
2019 $12,226 $718,630 $0 $0
2018 $14,396 $844,850 $324,000 $520,850
2017 $12,989 $715,500 $0 $0
2016 $10,612 $565,220 $0 $0
2015 $10,705 $552,890 $0 $0
2014 $10,311 $521,170 $0 $0
2013 -- $521,170 $300,000 $221,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10117501

BeachesMLS (Greater Fort Lauderdale)

APN: 49-43-06-21-0670