NOT LISTED FOR SALE

501 SW 38th Terrace Unit 2 Fort Lauderdale, FL 33312

Melrose Park Neighborhood

Estimated Value: $464,000 - $551,000

3 Beds
1 Bath
2,141 Sq Ft
$234/Sq Ft Est. Value

About This Home

This home is located at 501 SW 38th Terrace Unit 2, Fort Lauderdale, FL 33312 and is currently estimated at $501,778, approximately $234 per square foot. 501 SW 38th Terrace Unit 2 is a home located in Broward County with nearby schools including Westwood Heights Elementary School, Parkway Middle School, and South Plantation High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2007
Sold by
Victor Gerard and Victor Nancy
Bought by
Victor Gerard and Victor Nancy
Current Estimated Value
$501,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,250
Outstanding Balance
$150,429
Interest Rate
6.32%
Mortgage Type
Unknown
Estimated Equity
$349,148

Purchase Details

Closed on
Aug 13, 1993
Sold by
Denton Emma Jean
Bought by
Victor Gerard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,300
Interest Rate
7.26%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Victor Gerard -- Summit Title & Settlement Se
Victor Gerard $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Victor Nancy D $233,250
Closed Victor Gerard $150,000
Closed Victor Gerard $75,056
Closed Victor Gerard $70,300
Source: Public Records

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 $2,312 $134,460 -- --
2024 $2,234 $130,680 -- --
2023 $2,234 $126,880 $0 $0
2022 $2,089 $123,190 $0 $0
2021 $2,022 $119,610 $0 $0
2020 $1,986 $117,960 $0 $0
2019 $1,693 $115,310 $0 $0
2018 $1,563 $113,160 $0 $0
2017 $1,544 $110,840 $0 $0
2016 $1,545 $108,570 $0 $0
2015 $1,541 $107,820 $0 $0
2014 $1,549 $106,970 $0 $0
2013 -- $125,290 $18,760 $106,530
Source: Public Records

Map

Florida Broward County Fort Lauderdale 33312 Melrose Park

501 SW 38th Terrace Unit 2, Fort Lauderdale, FL

This home is located at 501 SW 38th Terrace Unit 2, Fort Lauderdale, FL 33312 and is currently estimated at $501,778, approximately $234 per square foot. 501 SW 38th Terrace Unit 2 is a home located in Broward County with nearby schools including Westwood Heights Elementary School, Parkway Middle School, and South Plantation High School.

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