NOT LISTED FOR SALE

5502 NE 1st Terrace Fort Lauderdale, FL 33334

North Andrews Gardens Neighborhood

Estimated Value: $399,000 - $437,000

3 Beds
1 Bath
1,008 Sq Ft
$414/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $425,000 $422 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,947/month

39 Days on Market

Highlights

  • Heated Pool
  • Central Heating and Cooling System
  • Fenced
  • Fruit Trees
  • West Facing Home

About This Home

As of September 2023

Fully updated, brand new roof, floors, bathroom, kitchen and new fencing all around the property. Centrally located near schools and I-95. Great home to live in or as an investment for Airbnb or VRBO. Ask us regarding financial records for airbnb. 3 bedroom/ 1 bathroom, laundry and swimming pool with heater. Big corner lot.

Last Agent to Sell the Property

Rafael Reyes Del Puerto

Realty Into Reality, LLC License #3576047 Listed on: 07/28/2023

Last Buyer's Agent

Arianne Price

Charles Rutenberg Realty FTL License #3404514

Charles Rutenberg Realty FTL

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,077

Year Built

  • Built in 1956

Lot Details

  • 7,741 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Fruit Trees
  • Property is zoned R-1C

Parking

  • Driveway

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring
  • Dryer

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom

Pool

  • Heated Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • North Andrews Terrace 32 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 494215044510

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,077

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Please use google map
  • Year Built: 1956
  • Architectural Style: One Story
  • Carport Y N: No
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, First Floor Entry, Main Level Master, Split Bedrooms
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Laminate
  • Living Area: 1008.0
  • Dining Room Type: Other

Exterior Features

  • Exterior Features: Fence, Fruit Trees, Lighting
  • View: None
  • Lot Features: < 1/4 Acre
  • Pool Features: Heated, In Ground, Pool
  • Pool Private: Yes
  • View: No
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: West
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Garage Yn: No
  • Parking Features: Driveway

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Other

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Lot Info

  • Parcel #: 494215044510
  • Lot Size Sq Ft: 7741.0
  • Zoning Description: R-1C
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7077.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2023
Closed on
Sep 29, 2023
Sold by
Latino Florencia
Bought by
Penzo Daisy and Wall Johnny D
Seller's Agent
Rafael Reyes Del Puerto
Realty Into Reality, LLC
Buyer's Agent
Arianne Price
Charles Rutenberg Realty FTL
List Price
$449,000
Sold Price
$425,000
Premium/Discount to List
-$24,000
-5.35%
Views
111
Current Estimated Value
$417,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,906
Avg. Annual Appreciation
0.11%
Original Mortgage
$417,302
Outstanding Balance
$410,940
Interest Rate
7.09%
Mortgage Type
FHA
Estimated Equity
$14,888

Purchase Details

Listed on
Jan 2, 2018
Closed on
Dec 8, 2017
Sold by
Rody Richard R and Rody Carlotta A
Bought by
Latino Florencia
Seller's Agent
Dahyana Mendieta
Realty Into Reality, LLC
Sold Price
$1,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.55%
Original Mortgage
$213,750
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1987
Sold by
Available Not
Bought by
Available Not
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
Penzo Daisy $425,000 Independent Title
Latino Florencia $225,000 Gibralter Title Inc
Available Not $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Penzo Daisy $417,302
Previous Owner Latino Florencia $223,300
Previous Owner Latino Florencia $213,750
Previous Owner Rody Richard R $172,000
Previous Owner Rody Richard R $52,451
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Sold $425,000 -5.3% $422 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $449,000 0.0% $445 / Sq Ft
08/04/2023 08/04/23 Pending -- -- --
07/28/2023 07/28/23 For Sale $449,000 0.0% $445 / Sq Ft
05/05/2018 05/05/18 For Rent $1,800 0.0% --
05/05/2018 05/05/18 Rented $1,800 0.0% --
01/02/2018 01/02/18 For Rent $1,800 0.0% --
01/02/2018 01/02/18 Rented $1,800 0.0% --
12/06/2017 12/06/17 Sold $225,000 -10.0% $223 / Sq Ft
11/06/2017 11/06/17 Pending -- -- --
10/27/2017 10/27/17 For Sale $250,000 -- $248 / 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 $7,721 $378,300 $54,190 $324,110
2024 $7,698 $378,300 $54,190 $324,110
2023 $7,698 $329,720 $0 $0
2022 $7,077 $299,750 $0 $0
2021 $6,197 $272,500 $54,190 $218,310
2020 $5,664 $250,780 $54,190 $196,590
2019 $5,461 $248,820 $54,190 $194,630
2018 $4,875 $219,060 $54,190 $164,870
2017 $1,826 $107,020 $0 $0
2016 $1,808 $104,820 $0 $0
2015 $1,831 $104,100 $0 $0
2014 $1,828 $103,280 $0 $0
2013 -- $113,380 $42,580 $70,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Rafael Reyes Del Puerto

    Realty Into Reality, LLC

    (754) 276-5076

    2 in this area

    2 Total Sales

    Section Image

  • A

    Buyer's Agent in 2023

    Arianne Price

    Charles Rutenberg Realty FTL

    (954) 396-3001

    1 in this area

    1 Total Sale

    Section Image

  • D

    Seller's Agent in 2018

    Dahyana Mendieta

    Realty Into Reality, LLC

    (954) 496-4210

    3 in this area

    19 Total Sales

    Section Image
  • Matt Ferrelli

    Seller's Agent in 2017

    Matt Ferrelli

    Keller Williams Realty Profess

    (954) 873-9351

    3 in this area

    86 Total Sales

    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10392741

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-15-04-4510

Florida Broward County Fort Lauderdale 33334 North Andrews Gardens

5502 NE 1st Terrace, Fort Lauderdale, FL

This home is located at 5502 NE 1st Terrace, Fort Lauderdale, FL 33334 since 28 July 2023 and is currently estimated at $417,094, approximately $413 per square foot. This property was built in 1956. 5502 NE 1st Terrace is a home located in Broward County with nearby schools including North Andrews Gardens Elementary School, James S. Rickards Middle School, and Northeast 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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