NOT LISTED FOR SALE

708 SW 1st Terrace Unit 708 Pompano Beach, FL 33060

South Dixie Neighborhood

Estimated Value: $420,000 - $433,000

3 Beds
2.5 Baths
1,586 Sq Ft
$268/Sq Ft Est. Value

Last Sold November 01, 2023

Last sale price $418,000 $264 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,223/month

23 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Patio
  • Heated Pool
  • High Ceiling
  • 4-minute walk to Sgt. Kip A. Jacoby Park

About This Home

As of November 2023

Desirable 3 bedroom, 2 1/2 bathroom townhouse in Cypress Grove with open floor plan perfect for entertaining. Updated kitchen with granite counter tops and Stainless Steel appliances. High Volume Ceilings. Washer and dryer upstairs on bedroom floor level. High impact windows and doors. Tile throughout main living area. Large master suite with walk-in closet and spacious master bathroom. 1 car garage. Recently installed Fision home TV and fiber internet included in the community. Safe rack storage in Garage. Enjoy the tropical grounds that include a jogging/walking path surrounding the lake, or enjoy the pool, gym, or clubhouse. Security guard on premise at this community located in close proximity to the beaches, shopping, nightlife, restaurants and schools.

Last Agent to Sell the Property

Loredana Valad

Charles Rutenberg Realty FTL License #3251752 Listed on: 09/18/2023

Charles Rutenberg Realty FTL

Last Buyer's Agent

Catherine Alegre

City Real Estate Corp License #3253364

City Real Estate Corp

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,470

Year Built

  • Built in 2012

Lot Details

  • 1,220

Parking

  • 1 Car Garage
  • Guest Parking

Interior Spaces

  • 1,586 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Closed Circuit Camera

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Heated Pool
  • Patio

Utilities

  • Central Air
  • Heat Strip
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 494202493050

Community Details

Overview

  • Association fees include management, amenities, common areas, cable TV, ground maintenance, maintenance structure, roof, security
  • Cypress Grove Subdivision

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,470

Year Built

Built in 2012

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: USE GPS
  • Year Built: 2012
  • Entry Level: 1
  • Property Attached Yn: Yes
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry, High Ceilings, Other
  • Main Level Bathrooms: 1
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Living Area: 1586.0
  • Stories: 2

Exterior Features

  • Exterior Features: Security/High Impact Doors, Patio
  • View: Other
  • Pool Features: Association, Heated
  • Waterfront: No
  • Construction Type: Block, Other
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Guest, Two or More Spaces

Utilities

  • Security: Closed Circuit Camera(s), Security Guard, Fire Sprinkler System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Strip
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 275.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Pool, Trail(s)
  • Pets Allowed: Breed Restrictions, Yes

Fee Information

  • Association Fee Includes: Association Management, Amenities, Common Areas, Cable TV, Maintenance Grounds, Maintenance Structure, Roof, Security

Lot Info

  • Parcel #: 494202493050

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7470.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2023
Closed on
Oct 31, 2023
Sold by
Ferris Henry E and Ferris Karen A
Bought by
Bell-Jones Sydney and Jones Aljanan K
Seller's Agent
Loredana Valad
Charles Rutenberg Realty FTL
Buyer's Agent
Catherine Alegre
City Real Estate Corp
List Price
$439,000
Sold Price
$418,000
Premium/Discount to List
-$21,000
-4.78%
Total Days on Market
23
Views
78
Current Estimated Value
$425,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,778
Avg. Annual Appreciation
1.17%
Original Mortgage
$305,000
Outstanding Balance
$300,802
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$124,976

Purchase Details

Closed on
Jun 24, 2013
Sold by
D R Horton Inc
Bought by
Ferris Henry E and Ferris Karen A

Purchase Details

Closed on
Aug 17, 2011
Sold by
Orchid Grove Partners Llc
Bought by
D R Horton Inc

Purchase Details

Closed on
May 26, 2005
Sold by
Available Not
Bought by
Available Not
Source: Public Records

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Range of Values:

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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
Bell-Jones Sydney $418,000 Florida Title & Closing
Ferris Henry E $197,575 Dhi Title Of Florida Inc
D R Horton Inc $2,697,000 Attorney
Available Not $5,000,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bell-Jones Sydney $305,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2023 11/01/23 Sold $418,000 -4.8% $264 / Sq Ft
10/11/2023 10/11/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $439,000 -- $277 / 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 $9,992 $381,810 $12,070 $369,740
2024 $9,204 $381,810 $12,070 $369,740
2023 $9,204 $259,340 $0 $0
2022 $7,470 $235,770 $0 $0
2021 $6,793 $214,340 $12,070 $202,270
2020 $6,634 $210,140 $12,070 $198,070
2019 $6,476 $200,810 $12,070 $188,740
2018 $6,310 $196,140 $12,070 $184,070
2017 $5,926 $182,150 $0 $0
2016 $5,995 $182,400 $0 $0
2015 $5,743 $165,820 $0 $0
2014 $5,477 $152,290 $0 $0
2013 -- $116,370 $12,070 $104,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10400578

BeachesMLS (Greater Fort Lauderdale)

APN: 49-42-02-49-3050