NOT LISTED FOR SALE

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

South Dixie Neighborhood

Estimated Value: $366,000 - $415,000

3 Beds
2.5 Baths
1,586 Sq Ft
$249/Sq Ft Est. Value

Sale Details

Date Sold: November 1, 2023

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

Est. 6% decrease in value since last sale

Current estimated payment $2,981 / mo

14 Days on Market

Highlights

  • Fitness Center
  • Vaulted Ceiling
  • Impact Glass
  • Clubhouse
  • Community Pool
  • 3-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

Florida Professional R E Inc License #3251752 Listed on: 09/18/2023

Last Buyer's Agent

Catherine Alegre

CENTURY 21 City Real Estate License #3253364

CENTURY 21 City Real Estate

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,470

Year Built

  • Built in 2012

Parking

  • 1 Car Garage
  • Guest Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,586 Sq Ft Home
  • Property has 2 Levels
  • Vaulted Ceiling
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Video Cameras
  • Door Monitored By TV

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heat Strip
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 494202493050

Community Details

Overview

  • Property has a Home Owners Association
  • Cypress Grove Condos
  • Cypress Grove,Orchid Grove Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Impact Glass
  • High Impact Door
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,470

Year Built

Built in 2012

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2012
  • Property Sub Type: Townhouse
  • Directions: USE GPS
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Unit Levels: 2
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Structure Type: Townhouse
  • Subdivision Name: CYPRESS GROVE,Orchid Grove
  • Year Built Details: Resale
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 418000
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Microwave, Electric Range, Washer
  • Interior Amenities: First Floor Entry, Fire Sprinklers, Volume Ceilings
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Carpet, Tile
  • Living Area: 1586
  • Stories: 2
  • Window Features: Impact Glass
  • Bedroom Features: Other

Exterior Features

  • View: Other, Other View, Other Water View
  • Construction Type: Concrete Block Construction, Other
  • Other Structures: Livable
  • Patio And Porch Features: Patio
  • Pool Features: Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: CYPRESS GROVE
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Guest
  • Total Parking Spaces: 1

Utilities

  • Green Building Features: Club House
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Heat Strip
  • Heating Yn: Yes
  • Security: Fire Sprinkler System, Fire Sprinklers, Security Patrol, TV Camera, TV Monitor

Condo/Co-op/Association

  • Association Fee: 275
  • Amenities: Bike/Jog Path, Clubhouse, Clubhouse-Clubroom, Community Pool, Exercise Room, Maintained Community, Pool, Private Pool, Security Patrol
  • Association: Yes
  • Community Features: Clubhouse, Exercise Room, Pool, Security Patrol

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 494202493050

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7470

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Seller's Agent
Loredana Valad
Florida Professional R E Inc
Buyer's Agent
Catherine Alegre
CENTURY 21 City Real Estate
List Price
$439,000
Sold Price
$418,000
Premium/Discount to List
-$21,000
-4.78%
Current Estimated Value
$394,189

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$23,811
Avg. Annual Appreciation
-2.05%
Original Mortgage
$305,000
Outstanding Balance
$296,721
Interest Rate
7.31%
Mortgage Type
New Conventional
Estimated Equity
$97,468

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in South Dixie, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $305,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/01/2023 11/01/23 Sold $418,000 -4.8% $264 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/18/2023 09/18/23 For Sale $439,000 -- $277 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $9,788 $354,750 $12,070 $342,680
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

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Map

Source: MIAMI REALTORS® MLS

MLS Number: F10400578

MIAMI REALTORS® MLS

APN: 49-42-02-49-3050

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