NOT LISTED FOR SALE

3242 SW 16th Terrace Fort Lauderdale, FL 33315

Estimated Value: $458,000 - $548,000

3 Beds
2.5 Baths
1,705 Sq Ft
$295/Sq Ft Est. Value

Last Sold September 09, 2020

Last sale price $365,000 $214 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,500/month

Highlights

  • Vaulted Ceiling
  • Wood Flooring
  • Attic
  • Roman Tub
  • Garden View
  • Community Pool

About This Home

As of September 2020

Rare end unit! Quietly tucked away in East Ft. Lauderdale. Highly desired corner unit, Fully updated. A gorgeous 3 bed, 2.5 baths, 2 car garage (over-sized) with tons of natural light! Beautiful black granite counter tops, SS appliances, wood cabinets, and comfortable bar seating. Full impact windows & doors, hurricane rated garage door & key less front door entry. Newer washer/dryer, (1 year old) and 2015 A/C. Huge walk-in closets, beautiful master bath with Jacuzzi and large shower, sitting area in master bathroom, beautiful ceiling fans & much more! Located near a gorgeous tree-lined park with exercise trails. Minutes to downtown, highways, airport & seaport.

Last Agent to Sell the Property

Laurie Reader

Keller Williams Dedicated Professionals License #0652792 Listed on: 08/05/2020

Keller Williams Dedicated Professionals

Last Buyer's Agent

Non-Member Mls Agent

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,054

Year Built

  • Built in 2005

Lot Details

  • 2,396

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Guest Parking

Property Views

  • Garden
  • Pool

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,705 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Combination Kitchen and Dining Room
  • Burglar Security System
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Schools

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

Additional Features

  • Patio
  • South Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 504221420070

Community Details

Overview

  • Edgewood Landings Condos
  • Edgewood Landings Subdivision

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,054

Year Built

Built in 2005

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Townhouse
  • Architectural Style: Corner Unit
  • Directions: Exit I-95 east on Marina Mile. South on 15th Ave to 32nd Place. Left on 16th Terrace.
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse Fee Simple, Townhouse
  • Subdivision Name: EDGEWOOD LANDINGS
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Cooking Island, French Doors, Pantry, Roman Tub, Split Bedroom, Volume Ceilings, Attic, Utility Room/Laundry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 1705
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Window Features: Blinds, Impact Glass
  • Bedroom Features: Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Kitchen Dining
  • Living Room Features: Attic, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Garden View, Other View, Pool Area View
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: EDGEWOOD LANDINGS
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Guest

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Alarm, Smoke Detector, Burglar Alarm

Condo/Co-op/Association

  • Association Fee: 225
  • Amenities: Barbecue, 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: 504221420070
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5054

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 30, 2023
Sold by
Ramirez Alex
Bought by
Ramirez Alex and Azmi Sarah R
Current Estimated Value
$502,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,512
Interest Rate
6.78%
Mortgage Type
FHA

Purchase Details

Listed on
Aug 5, 2020
Closed on
Sep 8, 2020
Sold by
Coyne Jeffrey
Bought by
Ramirez Alex
Seller's Agent
Laurie Reader
Keller Williams Dedicated Professionals
Buyer's Agent
Non-Member Mls Agent
List Price
$365,000
Sold Price
$365,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.68%
Original Mortgage
$346,750
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 12, 2018
Closed on
Oct 19, 2018
Sold by
Schwartz Steven N and Schwartz Shara M
Bought by
Coyne Jeffrey
Seller's Agent
Steven Schwartz
Florida Premier Realty of the Palm Beaches LLC
List Price
$356,900
Sold Price
$349,900
Premium/Discount to List
-$7,000
-1.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.25%
Original Mortgage
$262,425
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 11, 2014
Closed on
Dec 3, 2014
Sold by
Daniel Katherine M and Herane Mario F
Bought by
Schwartz Steven N and Schwartz Shara M
Seller's Agent
Robert Lopardo
Coldwell Banker Realty
Buyer's Agent
Robert Lopardo
Coldwell Banker Residential RE
List Price
$249,000
Sold Price
$227,950
Premium/Discount to List
-$21,050
-8.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.71%
Original Mortgage
$216,553
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2009
Sold by
Schiller Hollis
Bought by
Daniel Katherine M and Herane Mario F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,964
Interest Rate
5.08%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 29, 2005
Sold by
Lennar Homes Inc
Bought by
Schiller Hollis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
5.8%
Mortgage Type
Stand Alone Second
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
Ramirez Alex $206,800 Avenue 365
Ramirez Alex $365,000 Attorney
Coyne Jeffrey $349,900 Title Now Llc
Schwartz Steven N $228,000 Independence Title Ins Agenc
Daniel Katherine M $185,000 Consolidated Title Co
Schiller Hollis $460,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Alex $412,936
Closed Ramirez Alex $413,512
Previous Owner Ramirez Alex $413,512
Previous Owner Ramirez Alex $346,750
Previous Owner Coyne Jeffrey $32,000
Previous Owner Coyne Jeffrey $262,425
Previous Owner Schwartz Steven N $216,553
Previous Owner Daniel Katherine M $183,964
Previous Owner Schiller Hollis $69,000
Previous Owner Schiller Hollis $368,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2020 09/09/20 Sold $365,000 0.0% $214 / Sq Ft
08/05/2020 08/05/20 For Sale $365,000 +4.3% $214 / Sq Ft
10/16/2018 10/16/18 Sold $349,900 -2.0% $194 / Sq Ft
09/16/2018 09/16/18 Pending -- -- --
07/12/2018 07/12/18 For Sale $356,900 +56.6% $198 / Sq Ft
12/03/2014 12/03/14 Sold $227,950 -8.5% $126 / Sq Ft
11/03/2014 11/03/14 Pending -- -- --
10/11/2014 10/11/14 For Sale $249,000 -- $138 / 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 $6,502 $366,940 -- --
2024 $6,362 $356,600 -- --
2023 $6,362 $346,220 $0 $0
2022 $6,033 $336,140 $0 $0
2021 $5,857 $326,350 $15,520 $310,830
2020 $5,133 $288,520 $47,740 $240,780
2019 $5,054 $296,120 $47,740 $248,380
2018 $3,475 $218,500 $0 $0
2017 $3,450 $214,010 $0 $0
2016 $3,470 $209,610 $0 $0
2015 $3,508 $208,160 $0 $0
2014 $4,091 $188,070 $0 $0
2013 -- $180,460 $47,740 $132,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10905173

MIAMI REALTORS® MLS

APN: 50-42-21-42-0070