NOT LISTED FOR SALE

1981 W Terra Mar Dr Pompano Beach, FL 33062

Estimated Value: $3,162,720 - $3,785,000

3 Beds
3 Baths
3,257 Sq Ft
$1,053/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $3,500,000 $1,075 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $22,750/month

15 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • Property fronts an intracoastal waterway
  • McNab Elementary School Rated A-
  • Boating
  • Boat Lift

About This Home

As of July 2024

Welcome to your private paradise! Unparalleled 250+ ft. of waterfront on this unique point lot. Nestled within the gated Terra Mar Island, it includes private beach access through El Mar Beach Club. Step inside this beautiful home featuring captivating water views from the moment you enter. The incredibly spacious gourmet kitchen sets the stage for culinary delights. Enjoy unique dining experiences in the dining room, crafted by a master carpenter and breathtaking Intracoastal views. Upstairs, indulge in the large master suite with a private balcony overlooking the waterway, next to your office/loft space. Boating enthusiasts will appreciate the boat lift. This is your opportunity to embrace the epitome of waterfront luxury living. Short distance to restaurants, cafes and so much more.

Last Agent to Sell the Property

Jose Fernandez

Keller Williams Realty SW License #3064318 Listed on: 06/15/2024

Keller Williams Realty SW

Co-Listed By

Paula Flores

Keller Williams Realty Miami Beach License #3233660

Last Buyer's Agent

Liana VERKADEN

Douglas Elliman License #3063815

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $41,204

Year Built

  • Built in 1954

Lot Details

  • 0.26 Acre Lot
  • 253 Ft Wide Lot
  • Property fronts an intracoastal waterway
  • Waterfront Tip Lot
  • East Facing Home
  • Fenced
  • Property is zoned RS-4

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Attached Carport Spaces
  • Circular Driveway
  • Open Parking

Home Design

  • Metal Roof

Interior Spaces

  • 3,257 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Drapes & Rods
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Den
  • Loft
  • Intracoastal Views
  • Impact Glass

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • Above Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Boat Lift
  • Boat Hoist or Davit
  • Private Dock
  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 494306200130

Community Details

Overview

  • Club Membership Required
  • Terra Mar Island Estates,Terra Mar Island Est Subdivision

Recreation

  • Boating
  • Beach Club Membership Available

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$41,204

Year Built

Built in 1954

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Carport Y N: Yes
  • Co List Office Mls Id: KWMB01
  • Co List Office Phone: 305-695-1112
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Deeded Beach Access,Boatlift,Boat Hoists/Davits,Private Dock, Hoist/Davit
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: TERRA MAR ISLAND ESTATES,TERRA MAR ISLAND EST
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Entrance Foyer, 3 Bedroom Split, Walk-In Closet(s), Den/Library/Office, Family Room, Loft, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Partially, Furnished, Furniture Negotiable
  • Living Area: 3257
  • Possible Use: Primary
  • Window Features: Drapes, Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs
  • Dining Room Features: Formal Dining, Kitchen Dining
  • Living Room Features: Den/Library/Office, Family Room, Loft, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Metal Roof
  • View: Intracoastal View, Water
  • Exterior Features: Open Balcony
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Features: Above Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Intracoastal Front, No Fixed Bridges, Point Lot
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: TERRA MAR ISLAND ESTATES
  • Carport Spaces: 2
  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport, Circular Driveway, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association Fee: 150
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: Beach Club Member Available, Boating, Gated Community
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Lot Info

  • Parcel Number: 494306200130
  • Lot Size Sq Ft: 11537
  • Zoning: RS-4
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 41204

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2024
Sold by
Saferstein Jonathan Y
Bought by
Saferstein Jonathan Y and Saferstein Suzanne Valerie
Current Estimated Value
$3,428,680

Purchase Details

Listed on
Jun 15, 2024
Closed on
Jul 15, 2024
Sold by
Gregg C Seaman Revocable Living Trust and Seaman Bradley J
Bought by
Saferstein Jonathan Y
Seller's Agent
Jose Fernandez
Keller Williams Realty SW
Buyer's Agent
Liana VERKADEN
Douglas Elliman
List Price
$3,849,000
Sold Price
$3,500,000
Premium/Discount to List
-$349,000
-9.07%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.04%

Purchase Details

Listed on
Mar 9, 2020
Closed on
Jan 8, 2021
Sold by
Grigsby Bruce D and Zane Diane
Bought by
Seaman Gregg and Seaman Revocable Livin Gregg C
Seller's Agent
Beverley Clarke
Inactive member
Buyer's Agent
Timothy Elmes
Coldwell Banker Residential RE
List Price
$2,775,000
Sold Price
$2,375,000
Premium/Discount to List
-$400,000
-14.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.61%
Original Mortgage
$1,885,750
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 2016
Sold by
Grigsby Bruce D and Zane Grigsby Diane
Bought by
Grigsby Bruce D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,266,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 19, 2005
Sold by
Christensen Partners Ltd
Bought by
Grigsby Bruce D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2005
Sold by
Kerr Pamela and Bacharach Robert Gregory
Bought by
Christensen Partners Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,365,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 1993
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
Saferstein Jonathan Y -- Producers Title
Saferstein Jonathan Y $3,500,000 Producers Title
Seaman Gregg $2,357,200 Spectrum Title Services Llc
Grigsby Bruce D $632,700 Title Source Inc
Grigsby Bruce D $619,600 Title Source Inc
Grigsby Bruce D $1,950,000 --
Christensen Partners Ltd -- --
Christensen Partners Ltd -- --
Available Not $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Seaman Gregg $1,885,750
Previous Owner Grigsby Bruce D $1,266,000
Previous Owner Grigsby Bruce D $1,365,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2024 07/19/24 Sold $3,500,000 -9.1% $1,075 / Sq Ft
07/01/2024 07/01/24 Pending -- -- --
06/15/2024 06/15/24 For Sale $3,849,000 +62.1% $1,182 / Sq Ft
01/08/2021 01/08/21 Sold $2,375,000 -14.4% $702 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $2,775,000 -- $821 / 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 $44,953 $2,484,830 $747,600 $1,737,230
2024 $41,203 $2,484,830 $747,600 $1,737,230
2023 $41,203 $2,225,250 $747,600 $1,477,650
2022 $38,972 $2,204,120 $747,600 $1,456,520
2021 $21,822 $1,269,240 $0 $0
2020 $21,572 $1,251,720 $0 $0
2019 $21,234 $1,223,580 $0 $0
2018 $20,608 $1,200,770 $0 $0
2017 $20,531 $1,176,080 $0 $0
2016 $20,738 $1,151,900 $0 $0
2015 $21,241 $1,143,900 $0 $0
2014 $21,516 $1,134,830 $0 $0
2013 -- $1,122,900 $692,220 $430,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11607544

MIAMI REALTORS® MLS

APN: 49-43-06-20-0130