NOT LISTED FOR SALE

3537 NW 111th Terrace Sunrise, FL 33351

Welleby Neighborhood

Estimated Value: $389,356 - $428,000

3 Beds
2 Baths
1,508 Sq Ft
$269/Sq Ft Est. Value

Last Sold October 22, 2020

Last sale price $228,000 $151 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $2,998/month

54 Days on Market

Highlights

  • Home fronts a canal
  • Community Pool
  • Tile Flooring
  • Screened Porch
  • Separate Shower in Primary Bathroom
  • Guest Parking

About This Home

As of October 2020

Great property located in West Sunrise. The unit is a 3/2 but used as a 4/2. It has a fenced back yard and screened in patio. The unit features an open concept downstairs and a loft on the second that can be used as a computer space or pet room. The 2 bedrooms upstairs have a view of the canal and the walking path. The unit has a stackable washer and dryer in the patio area. The unit is in need of TLC which is reflecting on the price. The tenant has been occupying the unit since 2014 and has been great tenants paying $1650 a month. Lots of potential and easy to show most days after 3 pm.

Last Agent to Sell the Property

Giovanna Palacio

Giovanna Palacio License #3064838 Listed on: 07/29/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,106

Year Built

  • Built in 1983

Lot Details

  • Home fronts a canal
  • Fenced

HOA Fees

  • $150 Monthly HOA Fees

Home Design

  • Villa
  • Property Attached
  • Wood Siding

Interior Spaces

  • 1,508 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Screened Porch
  • Tile Flooring
  • Canal Views

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Canal Access

Schools

  • Sandpiper Elementary School
  • Westpine Middle School
  • Piper High School

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 494119060290

Community Details

Overview

  • Association fees include amenities, common areas, ground maintenance, trash
  • 136 Units
  • Southpointe At Welleby Subdivision

Recreation

  • Community Pool
  • Trails

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,106

Year Built

Built in 1983

Lot Details

0

HOA Fees

$150 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Villa
  • Property Sub Type Additional: Villa
  • Directions: WEST ON OAKLAND TO HIATUS, TURN NORTH ON HIATUS, TURN LEFT INTO COMMUNITY. STRAIGHT THROUGH THE STOP SIGN, TO 111 TERR, TURN LEFT ONTO 111 TERRACE. PROPERTY IS ON YOUR RIGHT.
  • Year Built: 1983
  • Carport Y N: No
  • Entry Level: 1
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built Details: Unknown
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Bedroom on Main Level, Convertible Bedroom, First Floor Entry, Main Level Master, Main Living Area Entry Level, Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 1508.0
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Enclosed Porch, Fence
  • View: Canal
  • Fencing: Wall
  • Pool Features: Association
  • View: Yes
  • Waterfront Features: Canal Access, Canal Front, None
  • Waterfront: No
  • Construction Type: Wood Siding
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Unknown

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest, Two or More Spaces

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available

Condo/Co-op/Association

  • Association Fee: 150.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Playground, Pool, Trail(s)
  • Association #2 Fee: 150.0
  • Association Fee Frequency: Monthly
  • Pets Allowed: No Pet Restrictions, Yes

Fee Information

  • Association Fee Includes: Amenities, Common Areas, Maintenance Grounds, Trash

Schools

  • Elementary School: Sandpiper
  • High School: Piper
  • Middle Or Junior School: Westpine

Lot Info

  • Parcel #: 494119060290

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4106.0

Multi Family

  • Number Of Units In Community: 136

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2020
Closed on
Oct 21, 2020
Sold by
Xushi Investments Llc
Bought by
Bennett Paule Sherley
Seller's Agent
Giovanna Palacio
Giovanna Palacio
List Price
$240,000
Sold Price
$228,000
Premium/Discount to List
-$12,000
-5%
Current Estimated Value
$405,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,045
Avg. Annual Appreciation
13.44%
Original Mortgage
$223,870
Outstanding Balance
$201,921
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$216,771

Purchase Details

Closed on
Apr 13, 2016
Sold by
S & Xw Investments Llc
Bought by
Xushi 2016 Investments Llc

Purchase Details

Listed on
Jun 13, 2012
Closed on
Mar 12, 2013
Sold by
Feinberg Esquire Jeffrey
Bought by
S & Xw Investments Llc
Seller's Agent
Helena Plata
Selva Realty, Inc
Buyer's Agent
Sue Wood
MMLS Assoc.-Inactive Member
List Price
$90,000
Sold Price
$90,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.14%

Purchase Details

Listed on
Jun 13, 2012
Closed on
Mar 7, 2013
Sold by
Ramirez Margarita
Bought by
Feinberg Esquire Jeffer
Seller's Agent
Helena Plata
Selva Realty, Inc
Buyer's Agent
Sue Wood
MMLS Assoc.-Inactive Member
List Price
$90,000
Sold Price
$90,000

Purchase Details

Closed on
Apr 23, 1998
Sold by
Sec Of Hud
Bought by
Ramirez Margarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,642
Interest Rate
7.09%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 24, 1997
Sold by
Chemical Mortgage Co
Bought by
Sec Of Hud

Purchase Details

Closed on
Feb 11, 1997
Sold by
Clerk Of The Court
Bought by
Chemical Mortgage Co

Purchase Details

Closed on
Oct 8, 1993
Sold by
Jacoby Abraham Bob and Jacoby Barbara Anne
Bought by
Jorge Avelino and Jorge Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,460
Interest Rate
6.99%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bennett Paule Sherley $228,000 Omega Title Florida Llc
Xushi 2016 Investments Llc -- Attorney
S & Xw Investments Llc $90,000 Certified Title
Feinberg Esquire Jeffer $90,000 Attorney
Ramirez Margarita $73,000 --
Sec Of Hud $100 --
Chemical Mortgage Co $100 --
Jorge Avelino $72,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bennett Paule Sherley $9,286
Open Bennett Paule Sherley $223,870
Previous Owner Ramirez Margarita $170,000
Previous Owner Ramirez Margarita $146,200
Previous Owner Ramirez Margarita $124,950
Previous Owner Ramirez Margarita $24,427
Previous Owner Chemical Mortgage Co $74,642
Previous Owner Jorge Avelino $72,460
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2020 10/22/20 Sold $228,000 -5.0% $151 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
07/29/2020 07/29/20 For Sale $240,000 0.0% $159 / Sq Ft
03/01/2014 03/01/14 Rented $1,550 -3.1% --
01/30/2014 01/30/14 Under Contract -- -- --
01/09/2014 01/09/14 For Rent $1,600 +10.3% --
06/03/2013 06/03/13 Rented $1,450 -9.4% --
05/04/2013 05/04/13 Under Contract -- -- --
04/09/2013 04/09/13 For Rent $1,600 0.0% --
03/08/2013 03/08/13 Sold $90,000 0.0% $65 / Sq Ft
11/29/2012 11/29/12 Pending -- -- --
06/13/2012 06/13/12 For Sale $90,000 -- $65 / 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 $7,691 $355,870 $15,120 $340,750
2024 $6,953 $355,870 $15,120 $340,750
2023 $6,953 $258,350 $0 $0
2022 $6,274 $234,870 $0 $0
2021 $5,611 $213,520 $15,120 $198,400
2020 $4,474 $212,650 $15,120 $197,530
2019 $4,106 $196,020 $15,120 $180,900
2018 $3,716 $182,550 $16,200 $166,350
2017 $3,364 $152,610 $0 $0
2016 $2,463 $99,090 $0 $0
2015 $2,288 $90,090 $0 $0
2014 $1,948 $81,900 $0 $0
2013 -- $79,180 $15,120 $64,060
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Giovanna Palacio

    Giovanna Palacio

  • Yehuda Chelminsky

    Seller's Agent in 2014

    Yehuda Chelminsky

    Landrich Real Estate, Inc.

    (954) 990-8815

    6 Total Sales

    Section Image

  • H

    Seller's Agent in 2013

    Helena Plata

    Selva Realty, Inc

  • S

    Buyer's Agent in 2013

    Sue Wood

    MMLS Assoc.-Inactive Member

    Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10241486

BeachesMLS (Greater Fort Lauderdale)

APN: 49-41-19-06-0290

Florida Broward County Sunrise 33323 Welleby

3537 NW 111th Terrace, Sunrise, FL

This home is located at 3537 NW 111th Terrace, Sunrise, FL 33351 since 29 July 2020 and is currently estimated at $405,339, approximately $268 per square foot. This property was built in 1983. 3537 NW 111th Terrace is a home located in Broward County with nearby schools including Sandpiper Elementary School, Westpine Middle School, and Piper 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.

Nearby Homes