5971 Northeast 5th Terrace
5971 Northeast 5th Terrace, Fort Lauderdale, FL 33334
Property
in
Oakland Park
Sold Oct 17, 2016
$200,000
Buyer
Seller
$295,000
by Bridgelock Capital
Mortgage Due Dec 01, 2053
Sold May 31, 2011
$80,000
Buyer
Seller
$77,200
by North American Savings Bank Fs
Mortgage Due Jun 01, 2041
5971 Northeast 5th Terrace has been categorized by the local assessors in Fort Lauderdale, FL as a residential type of property.
The building on the property was first built in 1962 and is 62 years old.
However, we must point out that the home was most recently renovated and altered in 1984.
The home has a total of 2 bedrooms.
Residents will have access to one full bathroom.
There is one partial bathroom in the home.
This is a single story building so stairs are not necessary to access other parts of the home.
In addition, 5971 Northeast 5th Terrace has 964 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building.
The area measurement of the land has been determined as 6,000 square feet.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. The property was last sold in Oct 17, 2016 for $200,000. That's $187.27 per sqft. Prior to that sales transaction, the property was also sold in May 18, 2011 for $80,000. 5971 Northeast 5th Terrace was last assessed in 2024. The total value of the property was assessed at $348,320. Specifically, the land the property is located on was valued at $42,000. While improvements on the property were assessed at a total of $306,320. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $7,099. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. The property was last sold in Oct 17, 2016 for $200,000. That's $187.27 per sqft. Prior to that sales transaction, the property was also sold in May 18, 2011 for $80,000. 5971 Northeast 5th Terrace was last assessed in 2024. The total value of the property was assessed at $348,320. Specifically, the land the property is located on was valued at $42,000. While improvements on the property were assessed at a total of $306,320. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $7,099. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.
This property description is generated based on publicly available data.
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