620 SW 38th Terrace Fort Lauderdale, FL 33312
Melrose Park Neighborhood
3
Beds
2
Baths
1,512
Sq Ft
7,506
Sq Ft Lot
Highlights
- Concrete Flooring
- No Heating
- 1-Story Property
About This Home
As of April 2025Investor Opportunity! This single-family home is currently under construction and available for purchase unfinished, allowing an investor to complete and customize the final details. Designed to be a 4-bedroom, 3-bathroom home with 2,755 sq. ft. total space and 2,185 sq. ft. of living area, this project offers significant upside potential. Building plans are included, providing a clear path to completion and maximizing the property's value.
Home Details
Home Type
- Single Family
Year Built
- Built in 1956
Lot Details
- 7,506 Sq Ft Lot
- Property is zoned RS-6.7
Interior Spaces
- 1,512 Sq Ft Home
- 1-Story Property
- Concrete Flooring
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Utilities
- No Cooling
- No Heating
Community Details
- Melrose Park Sec 7 Subdivision
Listing and Financial Details
- Assessor Parcel Number 504207070150
- Seller Considering Concessions
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2025 04/23/25 | Sold | $245,000 | -16.9% | $162 / Sq Ft |
| 04/19/2025 04/19/25 | Pending | -- | -- | -- |
| 04/17/2025 04/17/25 | For Sale | $295,000 | -- | $195 / Sq Ft |
Source: BeachesMLS
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 | $7,437 | $372,200 | $22,520 | $349,680 |
| 2024 | $6,820 | $372,200 | $22,520 | $349,680 |
| 2023 | $6,820 | $329,400 | $22,520 | $306,880 |
| 2022 | $3,894 | $220,630 | $0 | $0 |
| 2021 | $3,777 | $214,210 | $22,520 | $191,690 |
| 2020 | $4,058 | $189,090 | $22,520 | $166,570 |
| 2019 | $3,989 | $197,890 | $22,520 | $175,370 |
| 2018 | $2,506 | $165,100 | $22,520 | $142,580 |
| 2017 | $2,695 | $126,360 | $0 | $0 |
| 2016 | $2,481 | $114,880 | $0 | $0 |
| 2015 | $2,294 | $104,440 | $0 | $0 |
| 2014 | $2,122 | $94,950 | $0 | $0 |
| 2013 | -- | $90,020 | $18,770 | $71,250 |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $320,000 | Balloon | |
| Previous Owner | $206,500 | Unknown | |
| Previous Owner | $155,700 | Unknown |
Source: Public Records
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $260,000 | Sharp Title Solutions | |
| Quit Claim Deed | -- | Stewart Title | |
| Quit Claim Deed | $145,000 | Attorney | |
| Warranty Deed | $51,729 | -- |
Source: Public Records
Similar Homes in Fort Lauderdale, FL
Source: BeachesMLS
MLS Number: R11082375
APN: 50-42-07-07-0150
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