NOT LISTED FOR SALE

3231 SW 16th Terrace Fort Lauderdale, FL 33315

Estimated Value: $457,000 - $548,000

3 Beds
2.5 Baths
1,705 Sq Ft
$291/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $540,000 $317 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $3,608/month

71 Days on Market

Highlights

  • Views of Preserve
  • Sitting Room
  • Separate Shower in Primary Bathroom
  • Community Pool
  • Breakfast Area or Nook
  • Walk-In Closet

About This Home

As of October 2023

Stunning corner unit townhome nestled in the secluded community of Edgewood Landings. This 3 bedroom 2.5 bathroom home adorns high ceilings, an abundance of natural light & extensive storage. Enjoy the great outdoors steps from your living room with the pristine nature preserve's walk/jog path & exercise stations or just enjoy the view while cooking in your expansive kitchen with granite countertops and stainless steel appliances. Park all of your toys in your over-sized two car garage with newly installed epoxy flooring. Step upstairs into your own paradise with a spacious primary suite large enough for a sitting area & an open ensuite bathroom with a relaxing jetted tub. Spend the day at the pool with the outdoor kitchen or drive 5 minutes down the road for local shopping & restaurants.

Last Agent to Sell the Property

Marielle Mathe

Compass Florida, LLC Brokerage Phone: (954) 651-8989 License #3494207 Listed on: 08/04/2023

Compass Florida, LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,740

Year Built

  • Built in 2006

Lot Details

  • 2,396

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,705 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Sitting Room
  • Combination Dining and Living Room
  • Views of Preserve
  • Closed Circuit Camera
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 504221420260

Community Details

Overview

  • Association fees include maintenance structure, pool(s)
  • Edgewood Landings Subdivision

Recreation

  • Community Pool
  • Trails

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,740

Year Built

Built in 2006

Lot Details

0

HOA Fees

$285 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: Turn onto SW 15th Ave from Marina Mile, follow the street all the way down, turn right onto SW 32nd Place, turn left onto SW 16th Terrace and house is the corner unit on the right
  • Year Built: 2006
  • Entry Level: 1
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Breakfast Area, Dual Sinks, First Floor Entry, Living/Dining Room, Sitting Area in Master, Separate Shower, Upper Level Master, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate, Tile
  • Living Area: 1705.0
  • Dining Room Type: Master Bedroom, Sitting Room
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Security/High Impact Doors, Patio
  • View: Preserve
  • Pool Features: Association
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Two or More Spaces

Utilities

  • Security: Closed Circuit Camera(s), Secured Garage/Parking
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 285.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Pool, Trail(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: No Pet Restrictions, Yes

Fee Information

  • Association Fee Includes: Maintenance Structure, Pool(s)

Lot Info

  • Parcel #: 504221420260

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6740.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2023
Closed on
Oct 12, 2023
Sold by
Buyers Choice Automotive Inc
Bought by
Rodriguez Alejandro Alberto and Rodriguez Wilmer
Seller's Agent
Marielle Mathe
Compass Florida, LLC
List Price
$549,000
Sold Price
$540,000
Premium/Discount to List
-$9,000
-1.64%
Views
275
Current Estimated Value
$496,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,569
Avg. Annual Appreciation
-4.33%
Original Mortgage
$404,000
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2022
Closed on
Feb 24, 2023
Sold by
Peter Dogagis Trust
Bought by
Buyers Choice Automotive Inc
Seller's Agent
Alexander Karantzalis
Epique Realty, Inc.
Buyer's Agent
Marielle Mathe
Compass Florida, LLC
List Price
$529,500
Sold Price
$470,000
Premium/Discount to List
-$59,500
-11.24%
Views
101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.65%

Purchase Details

Closed on
Jun 4, 2018
Sold by
Dogagis Peter and Dogagis Padelis
Bought by
Dogagis Peter and The Peter Dogagis Trust

Purchase Details

Closed on
Nov 29, 2012
Sold by
Boyd Brian J
Bought by
Dogagis Peter and Dogagis Padelis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,250
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Boyd Brian J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,043
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 2010
Sold by
Strange Allen
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 20, 2006
Sold by
Lennar Homes Inc
Bought by
Strange Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,490
Interest Rate
8.25%
Mortgage Type
Fannie Mae Freddie Mac
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
Rodriguez Alejandro Alberto $540,000 Mph Title Corp
Buyers Choice Automotive Inc $470,000 Lawyers 1St Title
Dogagis Peter $130,000 Attorney
Dogagis Peter $215,000 Attorney
Boyd Brian J $175,600 Rels Title
Deutsche Bank National Trust Company -- Attorney
Strange Allen $465,000 New Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Alejandro Alberto $404,000
Previous Owner Rodriguez Alejandro Alberto $404,000
Previous Owner Dogagis Peter $146,250
Previous Owner Boyd Brian J $161,043
Previous Owner Strange Allen $418,490
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $540,000 -1.6% $317 / Sq Ft
08/05/2023 08/05/23 For Sale $549,000 +16.8% $322 / Sq Ft
02/27/2023 02/27/23 Sold $470,000 -10.5% $276 / Sq Ft
11/18/2022 11/18/22 Price Changed $524,900 -0.9% $308 / Sq Ft
09/05/2022 09/05/22 For Sale $529,500 -- $311 / 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 $7,672 $398,190 $47,720 $350,470
2024 $7,380 $419,730 $15,510 $404,220
2023 $7,380 $335,730 $0 $0
2022 $6,740 $305,210 $0 $0
2021 $5,716 $277,470 $15,510 $261,960
2020 $5,892 $288,500 $47,720 $240,780
2019 $5,562 $296,100 $47,720 $248,380
2018 $4,914 $268,950 $47,720 $221,230
2017 $4,452 $227,140 $0 $0
2016 $4,522 $223,880 $0 $0
2015 $4,307 $208,140 $0 $0
2014 $4,275 $202,710 $0 $0
2013 -- $193,500 $47,720 $145,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10394009

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-21-42-0260