NOT LISTED FOR SALE

550 SW 38th Terrace Fort Lauderdale, FL 33312

Melrose Park Neighborhood

Estimated Value: $385,000 - $526,000

2 Beds
2 Baths
2,343 Sq Ft
$187/Sq Ft Est. Value

About This Home

This home is located at 550 SW 38th Terrace, Fort Lauderdale, FL 33312 and is currently estimated at $437,815, approximately $186 per square foot. 550 SW 38th Terrace 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
May 8, 2025
Sold by
Thomas Marcia
Bought by
Thomas Marcia and Thomas Wayne
Current Estimated Value
$437,815

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,822
Outstanding Balance
$405,822
Interest Rate
6.64%
Mortgage Type
VA
Estimated Equity
$128,404

Purchase Details

Closed on
Oct 11, 2006
Sold by
Walters Theodora and Walters Alvin A
Bought by
Walters Theodora and Israel Theodora

Purchase Details

Closed on
Sep 7, 2005
Sold by
Walters Theodora I and Israel Soareaglar
Bought by
Walters Alvin and Walters Theodora I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,700
Interest Rate
5.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 1994
Sold by
Israel Theodora
Bought by
Israel Theodora and Brown Lola Marie
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
Thomas Marcia $182,900 None Listed On Document
Walters Theodora -- None Available
Walters Alvin -- K E L Title Ins Agency Inc
Walters Alvin -- K E L Title Ins Agency Inc
Israel Theodora -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Marcia $405,822
Previous Owner Walters Alvin A $450,000
Previous Owner Walters Alvin $80,700
Previous Owner Israel Theodora $72,300
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 $9,392 $471,200 $23,960 $447,240
2024 $2,080 $471,200 $23,960 $447,240
2023 $2,080 $118,710 $0 $0
2022 $1,942 $115,260 $0 $0
2021 $1,879 $111,910 $0 $0
2020 $1,846 $110,370 $0 $0
2019 $1,555 $107,890 $0 $0
2018 $1,431 $105,880 $0 $0
2017 $1,412 $103,710 $0 $0
2016 $1,411 $101,580 $0 $0
2015 $1,405 $100,880 $0 $0
2014 $1,411 $100,080 $0 $0
2013 -- $122,430 $19,970 $102,460
Source: Public Records

Map

Florida Broward County Fort Lauderdale 33312 Melrose Park

550 SW 38th Terrace, Fort Lauderdale, FL

This home is located at 550 SW 38th Terrace, Fort Lauderdale, FL 33312 and is currently estimated at $437,815, approximately $186 per square foot. 550 SW 38th Terrace 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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