NOT LISTED FOR SALE

2823 SW 16th Terrace Fort Lauderdale, FL 33315

Estimated Value: $495,000 - $526,000

3 Beds
2.5 Baths
1,377 Sq Ft
$369/Sq Ft Est. Value

Last Sold May 01, 2023

Last sale price $530,000 $385 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $3,717/month

104 Days on Market

Highlights

  • New Construction
  • Vaulted Ceiling
  • Community Pool
  • Green Roof
  • Garden View
  • Complete Panel Shutters or Awnings

About This Home

As of May 2023

New Smart Town Home 3be/2.5ba 1 car garage in Ft. Lauderdale, paved driveway for up to 2, Corner unit, NEW Construction Built 2019, come to live in this amazing Community with excellent location just min to Ft Lauderdale Airport, Port Everglades, Beaches, Restaurants and all what the city can offers. This fantastic smart townhouse offers full automation features powered by Amazon Alexa, WI-FI Certified, Ring Video Doorbell, Honeywell Thermostat, White wood cabinets 36, with quartz countertop, modern tile main floor and luxurious carpet in 2nd floor, dramatic 9’1” ceiling in first & second floor, full size washer & dryer, built with energy saving features that will lower your bills, gated community, resort-style swimming pool, cozy and chick don’t wait! THIS is A MUST SEE!!!

Last Agent to Sell the Property

Carlos Navas

Canvas Real Estate License #3299159 Listed on: 01/16/2023

Canvas Real Estate

Last Buyer's Agent

Richard Schermer

Lokation License #3523424

Lokation

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,229

Year Built

  • Built in 2019 | New Construction

Lot Details

  • East Facing Home
  • Fenced

HOA Fees

  • $251 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Split Level Home
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,377 Sq Ft Home
  • Property has 2 Levels
  • Vaulted Ceiling
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • Certified Watt-Wise
  • Green Roof
  • Energy-Efficient Appliances
  • Energy-Efficient Construction
  • Energy-Efficient HVAC
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Doors
  • Energy-Efficient Thermostat

Schools

  • Croissant Park Elementary School
  • New River Middle School
  • Stranahan High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 504221500610

Community Details

Overview

  • The Edge On The 15Th Condos
  • Reserve At Edgewood,The Edge On 15Th Subdivision
  • The community has rules related to no recreational vehicles or boats

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Complex Is Fenced
  • Complete Panel Shutters or Awnings
  • Fire and Smoke Detector

Additional Features

  • Community Barbecue Grill
  • Maintenance Expense $165

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,229

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$251 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Townhouse
  • Architectural Style: Corner Unit, Split Level
  • Directions: Coming from I-595 exit onto Marina Mile Blvd, turn right onto SW 15th Ave continue two blocks Edge on the 15th is at your right. Look for unit 2823. USE GPS
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 2
  • Master Model: A
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse Fee Simple, Townhouse
  • Subdivision Name: RESERVE AT EDGEWOOD,THE EDGE ON 15TH
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Certified Watt-Wise, Utility Room/Laundry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 1377
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Window Features: Complete Panel Shutters/Awnings, Blinds
  • Bedroom Features: Primary Bath Shower, Primary Bedroom Upstairs
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Shower Only

Exterior Features

  • View: Garden View
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Pool Private: Yes
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: THE EDGE ON THE 15TH
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 2 Or More Spaces, Covered, No Rv/Boats

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector, Complex Fenced, Security Patrol

Condo/Co-op/Association

  • Association Fee: 251
  • Amenities: Barbecue, Child Play Area, Private Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Croissant Park
  • High School: Stranahan
  • Middle Or Junior School: New River

Lot Info

  • Parcel Number: 504221500610
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances, Construction, Doors, HVAC, Insulation, Lighting, Roof, Thermostat, Water Heater

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Maintenance Expense: 165

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7229

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2023
Closed on
May 4, 2023
Sold by
Latam Flavors And Fragrances Llc
Bought by
Schermer Jeffrey
Seller's Agent
Carlos Navas
Canvas Real Estate
Buyer's Agent
Richard Schermer
Lokation
List Price
$550,000
Sold Price
$530,000
Premium/Discount to List
-$20,000
-3.64%
Total Days on Market
104
Views
171
Current Estimated Value
$508,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,654
Avg. Annual Appreciation
-0.39%
Original Mortgage
$477,000
Outstanding Balance
$465,699
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$59,578
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
Schermer Jeffrey $530,000 Trans State Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schermer Jeffrey $477,000
Previous Owner Latam Flavors L $260,000
Previous Owner Latam Flavors L $241,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2023 05/01/23 Sold $530,000 -1.8% $385 / Sq Ft
03/03/2023 03/03/23 Price Changed $539,900 -1.8% $392 / Sq Ft
01/16/2023 01/16/23 For Sale $550,000 -- $399 / 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 $8,351 $469,540 -- --
2024 $6,628 $456,310 $40,370 $410,750
2023 $8,425 $394,880 $0 $0
2022 $6,628 $358,990 $40,370 $318,620
2021 $6,628 $326,630 $40,370 $286,260
2020 $6,296 $310,410 $40,370 $270,040
Source: Public Records

Agents Affiliated with this Home

  • Carlos Navas

    Seller's Agent in 2023

    Carlos Navas

    Canvas Real Estate

    (954) 639-3303

    3 in this area

    83 Total Sales

    Carlos Navas
    Section Image
  • Richard Schermer

    Buyer's Agent in 2023

    Richard Schermer

    Lokation

    (305) 710-2077

    1 in this area

    11 Total Sales

    Richard Schermer
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11327624

MIAMI REALTORS® MLS

APN: 50-42-21-50-0610

Florida Broward County Fort Lauderdale 33315

2823 SW 16th Terrace, Fort Lauderdale, FL

This home is located at 2823 SW 16th Terrace, Fort Lauderdale, FL 33315 since 16 January 2023 and is currently estimated at $508,346, approximately $369 per square foot. This property was built in 2019. 2823 SW 16th Terrace is a home located in Broward County with nearby schools including Croissant Park Elementary School, New River Middle School, and Stranahan 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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