NOT LISTED FOR SALE

1635 NW 15th Terrace Fort Lauderdale, FL 33311

Lauderdale Manors Neighborhood

Estimated Value: $288,000 - $355,370

3 Beds
1 Bath
984 Sq Ft
$335/Sq Ft Est. Value

Last Sold December 14, 2018

Last sale price $141,000 $143 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $2,197/month

22 Days on Market

Highlights

  • Tile Flooring
  • Central Heating and Cooling System
  • Southwest Facing Home

About This Home

As of December 2018

Attention Investors!!! Cheapest 3/1 by far!!! Property currently rented for $1,450 per month. Current NOI is $15,332 and is currently operating at a 10.23% cap. Buyer must take with tenant. This can be purchased individually or as a portfolio of 4 other turn key rentals in Ft. Lauderdale. ML Numbers: F10149994, F10150327, F10151024. Seller looking to sell with current tenants.

Last Agent to Sell the Property

Gene Schroeder

Bank On It Realty License #687483 Listed on: 11/21/2018

Last Buyer's Agent

Eugene Schroeder

Bank On It Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,472

Year Built

  • Built in 1954

Lot Details

  • 7,320 Sq Ft Lot
  • Southwest Facing Home
  • Property is zoned RS-8

Home Design

  • Tar and Gravel Roof

Interior Spaces

  • 984 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • Driveway

Utilities

  • Central Heating and Cooling System

Community Details

  • Lauderdale Manors Amd Res Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494233120300

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,472

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1954
  • Architectural Style: Detached, One Story
  • Carport Y N: Yes
  • Building Stories: 1
  • Year Built Details: Unknown
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, First Floor Entry
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 984.0

Exterior Features

  • View: None
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • View: No
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Direction Faces: Southwest
  • Property Condition: Unknown
  • Roof: Tar/Gravel

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Carport Spaces: 1.0
  • Garage Yn: No
  • Parking Features: Covered, Driveway

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Parcel #: 494233120300
  • Lot Size Sq Ft: 7320.0
  • Zoning Description: RS-8
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 1472.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2018
Closed on
Dec 14, 2018
Sold by
Reef Properties Llc
Bought by
Elite Group Properties Llc
Seller's Agent
Gene Schroeder
Bank On It Realty
Buyer's Agent
Eugene Schroeder
Bank On It Realty
List Price
$149,900
Sold Price
$141,000
Premium/Discount to List
-$8,900
-5.94%
Current Estimated Value
$330,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,093
Avg. Annual Appreciation
13.29%
Original Mortgage
$140,505
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Jul 11, 2012
Closed on
Oct 30, 2012
Sold by
Owen Capital Inc
Bought by
Reef Properties Llc
List Price
$45,000
Sold Price
$46,000
Premium/Discount to List
$1,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.05%
Original Mortgage
$47,000
Interest Rate
12%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 15, 2005
Sold by
Greenberg Harriet
Bought by
Lagacy Steven P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 8, 2005
Sold by
Davis Joy
Bought by
Greenberg Harriet

Purchase Details

Closed on
Nov 18, 2003
Sold by
Rp Management Inc
Bought by
Davis Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2003
Sold by
Simpson Nellie D
Bought by
Rp Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.79%
Mortgage Type
Stand Alone First
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
Elite Group Properties Llc $141,000 Title Now Llc
Reef Properties Llc $47,000 Capital Abstract & Title
Owen Capital Inc $46,000 Capital Abstract & Title
Lagacy Steven P $190,000 Springs Title Ins Agency
Greenberg Harriet $155,000 Title Partners Of S Fl Inc
Davis Joy $120,000 Jm Title Services Inc
Rp Management Inc $73,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elite Group Properties Llc $275,000
Closed Elite Group Properties Llc $715,000
Closed Elite Group Properties Llc $140,505
Previous Owner Reef Properties Llc $47,000
Previous Owner Lagacy Steven P $146,000
Previous Owner Davis Joy $108,000
Previous Owner Rp Management Inc $85,000
Closed Lagacy Steven P $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2018 12/14/18 Sold $141,000 -5.9% $143 / Sq Ft
11/21/2018 11/21/18 For Sale $149,900 0.0% $152 / Sq Ft
07/30/2018 07/30/18 For Rent $1,450 0.0% --
07/30/2018 07/30/18 Rented $1,450 +16.0% --
01/07/2013 01/07/13 For Rent $1,250 0.0% --
01/07/2013 01/07/13 Rented $1,250 0.0% --
10/30/2012 10/30/12 Sold $46,000 +2.2% $50 / Sq Ft
09/30/2012 09/30/12 Pending -- -- --
07/11/2012 07/11/12 For Sale $45,000 -- $49 / 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 $4,776 $201,160 -- --
2024 $4,474 $201,160 -- --
2023 $4,474 $166,260 $0 $0
2022 $3,817 $151,150 $0 $0
2021 $3,137 $137,410 $0 $0
2020 $2,874 $124,920 $21,960 $102,960
2019 $2,569 $121,500 $21,960 $99,540
2018 $1,632 $98,480 $21,960 $76,520
2017 $1,472 $57,640 $0 $0
2016 $1,293 $52,400 $0 $0
2015 $1,234 $47,640 $0 $0
2014 $1,121 $43,310 $0 $0
2013 -- $39,380 $7,320 $32,060
Source: Public Records

Agents Affiliated with this Home

  • Gene Schroeder

    Seller's Agent in 2018

    Gene Schroeder

    Bank On It Realty

    (954) 816-4363

    22 Total Sales

    Gene Schroeder
    Section Image

  • E

    Buyer's Agent in 2018

    Eugene Schroeder

    Bank On It Realty

  • K

    Seller's Agent in 2013

    Keith Fleischer

    Forbes Christie LLC

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10151030

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-33-12-0300

Florida Broward County Fort Lauderdale 33311 Lauderdale Manors

1635 NW 15th Terrace, Fort Lauderdale, FL

This home is located at 1635 NW 15th Terrace, Fort Lauderdale, FL 33311 since 21 November 2018 and is currently estimated at $330,093, approximately $335 per square foot. This property was built in 1954. 1635 NW 15th Terrace is a home located in Broward County with nearby schools including Sunland Park Academy, North Fork Elementary School, and William Dandy Middle 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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