NOT LISTED FOR SALE

725 SW 1st Terrace Unit 725 Pompano Beach, FL 33060

South Dixie Neighborhood

Estimated Value: $405,000 - $438,000

3 Beds
2.5 Baths
1,567 Sq Ft
$266/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $235,000 $150 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,100/month

31 Days on Market

Highlights

  • Fitness Center
  • Fishing
  • Community Pool
  • Newly Remodeled
  • Clubhouse
  • 4-minute walk to Sgt. Kip A. Jacoby Park

About This Home

As of September 2017

Why do we yearn for Tropical places - lush landscapes, tranquil, warm, soothing waters? Simple - the feelings you experience. Can you imagine living in a place most people only vacation? This sought out community of Orchid Grove is only 2 miles from the beach and the revitalized Ft Lauderdale suburb of Pompano Beach.

This 3 year young townhouse offers contemporary styling & pristine condition; clean, bright & ready for your touches. Granite kitchen counters & stainless steel appliances open to family room. Also space for office area. HOA fee includes high speed internet, cable, alarm monitoring, lawn care & amenities: large pool, state-of-the-art gym with a safe childcare room and beautiful clubhouse. A community highlight is the large lake, stocked for catch-and-release fishing.

Last Agent to Sell the Property

Kevin Darby

MMLS Assoc.-Inactive Member License #3284853 Listed on: 06/21/2017

Last Buyer's Agent

Luiza Nikoghosyan

GMT International Realty Inc License #3112192

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,250

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • 1,220

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Attached Carport
  • Automatic Garage Door Opener
  • Guest Parking
  • On-Street Parking
  • Open Parking

Interior Spaces

  • 1,567 Sq Ft Home
  • 2-Story Property
  • Blinds
  • Security System Owned
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Dual Sinks
  • Shower Only

Schools

  • Cypress Elementary School
  • Pompano B.Middle School
  • Ely High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Courtyard
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 494202492960

Community Details

Overview

  • 429 Units
  • Orchid Grove Condos
  • The community has rules related to no trucks or trailers

Amenities

  • Community Barbecue Grill
  • Clubhouse
  • Community Center
  • Party Room

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool
  • Fishing

Pet Policy

  • Dogs Allowed

Building Details

Security

  • Security Service
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,250

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

HOA Fees

$255 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2014
  • Property Sub Type: Townhouse
  • Carport Y N: Yes
  • Directions: I-95 TO ATLANTIC BLVD, EXIT #36A HEAD EAST (1.3 mi) TO S CYPRESS ROAD (SW 18TH AV) & TURN RIGHT. GO 0.8 MI & TURN RIGHT ON SW 8TH ST. IN 800' TURN RIGHT ONTO SW 2ND AVE. IN 150' TURN RIGHT ONTO SW 7TH CT. GO 250' & TURN LEFT ONTO SW 1ST TER.
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse Fee Simple, Townhouse
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Fire Sprinklers
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 1567
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Stories: 2
  • Window Features: Blinds, High Impact Windows
  • Bedroom Features: Primary Bedroom Upstairs
  • Master Bathroom Features: Dual Sinks, Shower Only

Exterior Features

  • View: Other View
  • Exterior Features: East Of Us1, Courtyard
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Orchid Grove
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Attached Carport, 2 Or More Spaces, Guest, On Street, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Owned Burglar Alarm, Smoke Detector, Burglar Alarm, Security Patrol

Condo/Co-op/Association

  • Association Fee: 255
  • Amenities: Barbecue, Clubhouse-Clubroom, Community Room, Exercise Room, Fishing Pier, Child Play Area, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Cypress
  • High School: Ely
  • Middle Or Junior School: Pompano B.Middle

Lot Info

  • Parcel Number: 494202492960
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Multi Family

  • Maintenance Expense: 255
  • Number Of Units In Community: 429

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2014
Sold by
D R Horton Inc
Bought by
Banker Nathan Joel
Current Estimated Value
$415,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$206,589
Outstanding Balance
$159,662
Interest Rate
4.4%
Mortgage Type
VA
Estimated Equity
$261,544

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

Range of Values:

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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
Banker Nathan Joel $199,990 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 Lakhoyan Noubar $100,000
Open Banker Nathan Joel $206,589
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $235,000 -6.0% $150 / Sq Ft
07/22/2017 07/22/17 Pending -- -- --
06/21/2017 06/21/17 For Sale $250,000 -- $160 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $6,842 $234,750 -- --
2024 $6,766 $228,140 -- --
2023 $6,766 $221,500 $0 $0
2022 $5,947 $215,050 $0 $0
2021 $5,807 $208,790 $0 $0
2020 $5,695 $205,910 $0 $0
2019 $5,631 $201,290 $0 $0
2018 $5,490 $197,540 $12,060 $185,480
2017 $5,122 $183,440 $0 $0
2016 $5,250 $188,610 $0 $0
2015 $5,767 $166,990 $0 $0
2014 $2,399 $12,060 $0 $0
2013 -- $12,070 $12,070 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2017

    Kevin Darby

    MMLS Assoc.-Inactive Member

  • L

    Buyer's Agent in 2017

    Luiza Nikoghosyan

    GMT International Realty Inc

    (305) 335-8062

    12 Total Sales

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10280620

MIAMI REALTORS® MLS

APN: 49-42-02-49-2960

Florida Broward County Pompano Beach 33060 South Dixie

725 SW 1st Terrace Unit 725, Pompano Beach, FL

This home is located at 725 SW 1st Terrace Unit 725, Pompano Beach, FL 33060 since 21 June 2017 and is currently estimated at $416,424, approximately $265 per square foot. This property was built in 2014. 725 SW 1st Terrace Unit 725 is a home located in Broward County with nearby schools including Cypress Elementary School, Pompano Beach Middle School, and Blanche Ely 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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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