NOT LISTED FOR SALE

340 Iowa Ave Fort Lauderdale, FL 33312

Melrose Park Neighborhood

Estimated Value: $504,000 - $578,000

5 Beds
3 Baths
2,238 Sq Ft
$236/Sq Ft Est. Value

Last Sold March 15, 2022

Last sale price $440,000 $197 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,524/month

10 Days on Market

Highlights

  • Fruit Trees
  • Breakfast Area or Nook
  • Open Patio
  • Garden View
  • Porch
  • Tile Flooring

About This Home

As of March 2022

Take a look at this beautiful 5/3 in highly desirable Melrose Park of Ft.Lauderdale. This large home features 2238 SF under air. 2 master suites makes this the ideal home for a large family. Brand new roof currently being installed. Newer kitchen and bathrooms. 20" tile throughout entire home. Freshly painted inside and outside. Ac replaced in 2020. Brand New stainless appliances currently being installed.

Last Agent to Sell the Property

Brett Greene

United Realty Group Inc. License #3211132 Listed on: 02/02/2022

United Realty Group Inc.

Last Buyer's Agent

Judy Mollica

Ocean East Properties License #3021891

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,388

Year Built

  • Built in 1957

Lot Details

  • 6,998 Sq Ft Lot
  • West Facing Home
  • Fruit Trees
  • Property is zoned RS-4

Parking

  • Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,238 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Hung Metal Windows
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Electric Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Community Details

  • Melrose Park Sec 6 Green Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504207061610

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,388

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: GPS
  • Year Built: 1957
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Breakfast Area, Living/Dining Room, Multiple Master Suites, Split Bedrooms
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Tile
  • Living Area: 2238.0
  • Window Features: Blinds, Double Hung, Metal

Exterior Features

  • Exterior Features: Fruit Trees, Porch
  • View: Garden
  • Lot Features: Sprinklers Manual, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Direction Faces: West
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No
  • Parking Features: Driveway

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Pets Allowed: No Pet Restrictions, Yes

Lot Info

  • Parcel #: 504207061610
  • Lot Size Sq Ft: 6998.0
  • Zoning Description: RS-4
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4388.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2013
Sold by
Pezone Jeff
Bought by
Southern Trust Financial Llc
Current Estimated Value
$527,430

Purchase Details

Closed on
Feb 1, 2013
Sold by
Smith Michael H and Smith Sandria M
Bought by
Pezone Jeff

Purchase Details

Closed on
Sep 15, 2005
Sold by
Florida Phoenix Finance Inc
Bought by
Smith Michael H and Smith Sandria M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,500
Interest Rate
5.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 9, 2005
Sold by
Louis Joyce
Bought by
Florida Phoenix Finance Inc

Purchase Details

Closed on
Jun 16, 1999
Sold by
Acosta Ramon C and Acosta Iris
Bought by
Louis Joyce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,902
Interest Rate
7.04%
Mortgage Type
FHA
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
Southern Trust Financial Llc -- None Available
Pezone Jeff $87,000 Capital Abstract & Title
Smith Michael H $274,900 Consumer Title
Florida Phoenix Finance Inc $161,000 --
Louis Joyce $107,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Southern Trust Financial Llc $385,000
Previous Owner Smith Michael H $256,500
Previous Owner Louis Joyce $12,887
Previous Owner Louis Joyce $12,828
Previous Owner Louis Joyce $106,902
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2022 03/15/22 Sold $440,000 -5.4% $197 / Sq Ft
02/13/2022 02/13/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $465,000 -- $208 / 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 $7,804 $439,190 $20,990 $408,410
2024 $7,644 $426,820 $20,990 $393,400
2023 $7,644 $414,390 $20,990 $393,400
2022 $4,963 $186,430 $0 $0
2021 $4,388 $169,490 $0 $0
2020 $4,179 $272,030 $20,990 $251,040
2019 $3,582 $239,110 $20,990 $218,120
2018 $3,014 $196,980 $20,990 $175,990
2017 $2,743 $115,790 $0 $0
2016 $2,506 $105,270 $0 $0
2015 $2,320 $95,700 $0 $0
2014 $1,963 $87,000 $0 $0
2013 -- $160,080 $17,500 $142,580
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2022

    Brett Greene

    United Realty Group Inc.

    (954) 552-9281

    1 in this area

    10 Total Sales

    Section Image

  • J

    Buyer's Agent in 2022

    Judy Mollica

    Ocean East Properties

    (561) 309-1656

    1 in this area

    29 Total Sales

    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10316985

BeachesMLS (Greater Fort Lauderdale)

APN: 50-42-07-06-1610

Florida Broward County Fort Lauderdale 33312 Melrose Park

340 Iowa Ave, Fort Lauderdale, FL

This home is located at 340 Iowa Ave, Fort Lauderdale, FL 33312 since 02 February 2022 and is currently estimated at $527,430, approximately $235 per square foot. This property was built in 1957. 340 Iowa Ave is a home located in Broward County with nearby schools including Westwood Heights Elementary School, Parkway Middle School, and South Plantation 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.

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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