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1015 Southwest 15th Terrace

1015 Southwest 15th Terrace, Fort Lauderdale, FL 33312
Property in Riverside Park
Sold Nov 12, 2021
$359,000
$341,050 by United Wholesale Mortgage
Mortgage Due Dec 01, 2051
Sold Jun 04, 2021
$225,000
$235,000 by Sorrin Investment Company Llc
Mortgage Due Jun 01, 2022
1015 Southwest 15th Terrace in Fort Lauderdale, FL was first built in 1924 and is 100 years old. Although, the building on the property was most recently renovated and altered in 1936. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1015 Southwest 15th Terrace has 840 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,000 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a gable or hip style roof made of composition shingle. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of a combination of material. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1015 Southwest 15th Terrace sold most recently in Nov 8, 2021 for a total of $359,000. If you work out the math, that's approximately a cost of $341.90 per sqft. Before that, the property was also sold for $225,000 in May 28, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,604 in taxes each year. The initial year of tax delinquency occurred in 2021. 1015 Southwest 15th Terrace was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $96,200. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Facilities

Boat Slip

Parking

RV Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1924
  • Effective Year Built: 1936
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Combination
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Type: Unimproved
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Frontage Feet: 308
  • Total Building Area: 1,050
  • Gross Building Area: 1,050
  • Building Area: 840
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 840
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVERSIDE NO 3 7-17 B
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RIVERSIDE NO 3 7-17 B LOT 10 BLK 2

Ownership

  • Current Owner : JIMENEZ JUAN PINA
  • Previous Owner : THE PROPERTY PREACHER LLC
  • Owner Before Previous Owner: MEEKS RYAN
  • Owner Before Previous Owner 2: MEEKS RYAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 042700

Zoning

  • Zoning: RM-15

Geography

  • District: 0312
  • Parcel: 50-42-09-04-0420
  • Block: 2
  • Lot: 10
  • Meridian: SEC 09 TWN 50S RNG 42E
  • Municipality: FORT LAUDERDALE
  • Latitude: 26.1095
  • Longitude: -80.1626

    Address

  • Full Address: 1015 Sw 15th Ter
  • Address - House Number: 1015
  • Street Direction: SW
  • Address - Street Name: 15th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Fort Lauderdale
  • Carrier Code: C030
  • 4-Digit Zip Code: 7243
  • Zip Code: 33312

Valuation

    Tax

  • Total Area: 930
  • Tax Year: 2023
  • Tax Amount: $1,604
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 0312

    Appraisal Valuation

  • Standard Deviation: 0.2207
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 69
  • Final Value: 444,639
  • High Value: 542,797
  • Low Value: 346,481

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $341,050
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 12, 2021
  • First Open Lien Mortgage Loan Amount: $341,050
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $104,170
  • Market Land Value: $25,500
  • Market Improvement Value: $78,670

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $96,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 08, 2021
  • Current Sale Recording Date: Nov 12, 2021
  • Current Sale Transaction ID: 11865693111
  • Current Sale Price: $359,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 117733650
  • Previous Sale Recording Date: Jun 04, 2021
  • Previous Sale Contract Date: May 28, 2021
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Nov 12, 2021
  • First Mortgage Loan Amount: $341,050
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SORRIN INVESTMENT COMPANY LLC
  • Previous Mortgage Transaction Date: Jun 04, 2021
  • Previous Mortgage Loan Amount: $235,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jun 01, 2022

About South Fort Lauderdale



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Frequently Asked Questions

What neighborhood is 1015 Southwest 15th Terrace located in?
The 1015 Southwest 15th Terrace is a located in the neighborhood of Riverside Park in South Fort Lauderdale, Fort Lauderdale.
What is the average sales price for listings in 1015 Southwest 15th Terrace?
The average sales price for units in 1015 Southwest 15th Terrace is $0 currently.

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