$790,000
SOLD DEC 29, 2021

3775 NW 116th Terrace Coral Springs, FL 33065

Wood Lake Neighborhood
-- Bed
-- Bath
3,819 Sq Ft
10,000 Sq Ft Lot

Recently Sold

$207 Per Sq Ft

1% Below List Price

69 Days on Market

About This Home

As of June 2023

The property consists of 4 units. 2-3 bedroom 1 baths & 2 -2 bedroom 1 baths. Property is fully leased with all tenants paying below-market rent on month-to-month leases, leaving a large upside for the new buyer. All units are occupied except the 3 bedroom unit all are in need of improvements.PROPERTY IS LOCATED DIRECTLY NEXT TO A PUBLIC PARK. Property is being sold on behalf of a Court-Appointed Receiver. Sale is subject to Court approval, and a standard contract will be provided to the interested buyer.Cash offers are highly preferred. Please inquire for further details on the process to place a bid. FLYER ATTACHED TO DOCUMENTS TAB. DO NOT DISTURB TENANTS OR GO ON THE PROPERTY WITHOUT LISTING AGENT. PROOF OF FUND/PRE-APPROVAL REQUIRED WITH OFFER!

Last Agent to Sell the Property

Steve Mossini

Local Real Estate Co License #3249161 Listed on: 09/20/2021

Co-Listed By

Daniel Otten

Local Real Estate Co License #3493832

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,597

Year Built

  • Built in 1975

Lot Details

  • 10,000 Sq Ft Lot
  • Sprinkler System

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 3,819 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Assessor Parcel Number 484117060640

Community Details

Overview

  • Association fees include ground maintenance, roof, sewer
  • 4 Units
  • Castlewood Subdivision

Building Details

  • Operating Expense $12,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,597

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: NE corner of Sample Rd and Coral Ridge Dr
  • Year Built: 1975
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 3819.0

Exterior Features

  • Lot Features: Sprinkler System, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Barrel

Utilities

  • Cooling: Other
  • Heating: Other
  • Sewer: Public Sewer
  • Utilities: Sewer Available

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Maintenance Grounds, Roof, Sewer

Lot Info

  • Parcel #: 484117060640
  • Lot Size Sq Ft: 10000.0
  • Zoning Description: RM-15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 14597.0

Multi Family

  • Number Of Units Total: 4
  • Annual Operating Expense: 12000.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2021
Closed on
Dec 28, 2021
Sold by
Soto Miranda L and Solely In Her
Bought by
Bongos Enterprises Inc
Seller's Agent
Steve Mossini
Local Real Estate Co
List Price
$800,000
Sold Price
$790,000
Premium/Discount to List
-$10,000
-1.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.29%

Purchase Details

Listed on
Apr 18, 2017
Closed on
Aug 29, 2017
Sold by
Benhamu Carlos and Benhamu Carolina
Bought by
3504 Llc
Seller's Agent
Doug Green
Winners Realty Inc
Buyer's Agent
Daniel Ott
Casa Ott Realty
List Price
$600,000
Sold Price
$550,000
Premium/Discount to List
-$50,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.72%
Original Mortgage
$250,000
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 18, 2017
Closed on
Jul 27, 2017
Sold by
Benhamu Calros and Benhamu Carolina
Bought by
Property Income Investros 3504 Llc
Seller's Agent
Doug Green
Winners Realty Inc
Buyer's Agent
Daniel Ott
Casa Ott Realty
List Price
$600,000
Sold Price
$550,000
Premium/Discount to List
-$50,000
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.96%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 25, 2003
Sold by
Persaud Taramattie
Bought by
Benhamu Carlos and Benhamu Carolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
6.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 23, 2002
Sold by
Arancibia Guido and Arancibia Amy L
Bought by
Persaud Taramattie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,800
Interest Rate
6.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 27, 2001
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Aug 3, 1999
Sold by
Palmer Ava
Bought by
Sandler Gary R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.66%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 7, 1999
Sold by
Viale Marcos A and Vialerusso Vicky
Bought by
Palmer Ava

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.85%
Mortgage Type
Commercial

Purchase Details

Closed on
May 20, 1996
Sold by
Taraboulos David
Bought by
Viale Marcos A and Viale-Russo Vicky

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
7.74%
Mortgage Type
Commercial
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 Type Sale Price Title Company
Deed -- Enterprise Title Inc
Deed -- Attorney
Warranty Deed $550,000 Attorney
Warranty Deed $395,000 --
Warranty Deed $326,000 Citizens Title Services Inc
Warranty Deed $200,000 --
Warranty Deed $300,000 --
Warranty Deed $200,000 --
Warranty Deed $160,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 Commercial
Previous Owner $260,000 Construction
Previous Owner $250,000 Commercial
Previous Owner $354,250 Commercial
Previous Owner $316,000 Commercial
Previous Owner $260,800 Commercial
Previous Owner $270,000 Commercial
Previous Owner $180,000 Commercial
Previous Owner $128,000 Commercial
Closed $32,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 For Sale $1,290,000 0.0% $338 / Sq Ft
07/18/2025 07/18/25 Off Market $1,290,000 -- --
07/01/2025 07/01/25 For Sale $1,290,000 +20.0% $338 / Sq Ft
06/20/2023 06/20/23 Sold $1,075,000 -8.9% $281 / Sq Ft
02/25/2023 02/25/23 For Sale $1,180,000 +49.4% $309 / Sq Ft
12/29/2021 12/29/21 Sold $790,000 -1.3% $207 / Sq Ft
11/29/2021 11/29/21 Pending -- -- --
09/20/2021 09/20/21 For Sale $800,000 +45.5% $209 / Sq Ft
08/30/2017 08/30/17 Sold $550,000 -8.3% $132 / Sq Ft
07/31/2017 07/31/17 Pending -- -- --
04/18/2017 04/18/17 For Sale $600,000 -- $144 / Sq Ft
Source: BeachesMLS

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 $23,358 $969,510 $70,000 $899,510
2024 $18,721 $969,510 $70,000 $899,510
2023 $18,721 $750,340 $70,000 $680,340
2022 $17,504 $710,820 $70,000 $640,820
2021 $16,004 $634,820 $0 $0
2020 $14,597 $610,220 $70,000 $540,220
2019 $13,519 $549,140 $70,000 $479,140
2018 $11,734 $476,960 $70,000 $406,960
2017 $8,628 $279,520 $0 $0
2016 $7,424 $254,110 $0 $0
2015 $6,858 $231,010 $0 $0
2014 $6,357 $210,010 $0 $0
2013 -- $206,450 $70,000 $136,450
Source: Public Records

Agents Affiliated with this Home

  • Katherine Basante

    Seller's Agent in 2025

    Katherine Basante

    Coldwell Banker Realty

    (954) 243-5520

    1 in this area

    14 Total Sales

    Katherine Basante
    Section Image
  • Caio Martin

    Seller's Agent in 2023

    Caio Martin

    Current Capital Realty

    (954) 954-5444

    1 in this area

    41 Total Sales

    Caio Martin
    Section Image
  • Steve Mossini

    Seller's Agent in 2021

    Steve Mossini

    Local Real Estate Co

    (561) 789-6391

    3 in this area

    69 Total Sales

    Steve Mossini
    Section Image
  • Daniel Otten

    Seller Co-Listing Agent in 2021

    Daniel Otten

    Local Real Estate Co

    (954) 650-5550

    3 in this area

    13 Total Sales

    Daniel Otten
    Section Image

  • D

    Seller's Agent in 2017

    Doug Green

    Winners Realty Inc

    (954) 341-9588

    22 Total Sales

    Doug Green
    Section Image

  • D

    Buyer's Agent in 2017

    Daniel Ott

    Casa Ott Realty

    (561) 221-2511

    57 Total Sales

    Daniel Ott
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10746846

BeachesMLS

APN: 48-41-17-06-0640

Florida Broward County Coral Springs 33065 Wood Lake

3775 NW 116th Terrace, Coral Springs, FL

This home is located at 3775 NW 116th Terrace, Coral Springs, FL 33065 and is currently priced at $790,000, approximately $206 per square foot. This property was built in 1975. 3775 NW 116th Terrace is a home located in Broward County with nearby schools including Coral Springs Elementary School, Coral Springs Middle School, and Coral Glades 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 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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