20 days on rocket

531 SW 38th Ter, Fort Lauderdale, FL, 33312

$449,000

Home List Price

$5,332*

Closing Credit

4 Bedrooms
2 Full Baths
1,682 SqFt
$267/SqFt
House

Location

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531 SW 38th Ter, Fort Lauderdale$449,000

Buyer Closing Credits

$5,332*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingAttached Carport, Covered, Driveway, On Street
Year Built1959
HeatingElectric
CoolingCeiling Fan(s), Electric
ViewNone
MLS #A11699421
StatusActive

About 531 SW 38th Ter

This lovely one-story home offers the perfect blend of comfort and convenience. Located in a friendly and convenient neighborhood, this home is close to schools, shopping, and major highways, making it a wonderful choice for comfortable, one-level living.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached, One Story
  • Year Built: 1959
  • Stories: 1
  • Living Area: 1,682 SqFt

Listing Office:

  • Office Name: Entera Realty LLC
  • Office Phone: (888) 216-6364
  • Listing Agent: Robert Salmons

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Range, Microwave
  • Flooring Type: Tile
  • Interior: Bedroom on Main Level, First Floor Entry, Main Level Primary, Pantry, Tub Shower, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: None
  • Exterior: Fence, Patio

Parking Information:

  • Parking: Attached Carport, Covered, Driveway, On Street

Virtual/3D Tour

  • Virtual Tour: 531 SW 38th Ter
Virtual Tour

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: Head south, Slight left toward Kentucky Ave, Turn left onto Kentucky Ave, Turn right onto W Dayton Cir, Turn right onto Utah Ave, Turn left onto SW 38th Terrace, Property will be on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $449,000
  • Price Per SqFt: $267/SqFt

Tax Information:

  • Annual Amount: $4,827
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Fort Lauderdale, FL.

Med. Sold Price

$480.9K

Med. Price/SqFt

$364

Avg. Days On Market

84

# of Sold Homes

90

531 SW 38th Ter vs Fort Lauderdale

20 DAYS ON ROCKET

-64 Days

$449,000

-$31.9K Less

$267/SqFt

-$97 Less

KEY TAKEAWAY

This property is $31.9K less than the Median Sold Price and $97/SqFt less than other homes in Fort Lauderdale, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11699421

Listing Office:

  • Office Name: Entera Realty LLC
  • Office Phone: (888) 216-6364
  • Listing Agent: Robert Salmons

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,827$230,780
2019$2,979$153,950
2018$2,720$139,960
2017$2,720$144,610

History based on county public records data.

Payment Calculator

$2,308

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,413

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4261410
3
/10
  • New Life Charter Academy

  • 3550 Davie Blvd

  • 0.79 miles

  • Public Charter Grades KG-5

school-card-donut-4261411
3
/10
  • Broward Estates Elementary School

  • 441 NW 35th Ave

  • 0.84 miles

  • Public Magnet Grades KG-5

school-card-donut-4261412
4
/10
  • Westwood Heights Elementary School

  • 2861 SW 9th St

  • 1.13 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,829. Most Fort Lauderdale, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 531 SW 38th Ter

What is the listing price of this property?

The listing price of 531 SW 38th Ter property is $449,000.

What type of property is this?

The property 531 SW 38th Ter is a house located in Fort Lauderdale, Florida, 33312.

Is this property for sale now?

Active Listing: 531 SW 38th Ter is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,827 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 531 SW 38th Ter has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 531 SW 38th Ter is 1,682 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 531 SW 38th Ter is 1959.

Rocket HomesFloridaBroward CountyFort Lauderdale33312531 SW 38th Ter

This home is located at 531 SW 38th Ter in Fort Lauderdale, FL and zip code 33312 in the Melrose Park neighborhood. This 1,682 square foot home was built in 1959. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $449,000.

In November 2024, from all listings sold in Fort Lauderdale, FL there were more than 9 sold above asking price, over 70 sold below and more than 11 were sold right at the asked price. The number of homes for sale in Fort Lauderdale, FL increased by 11.6% between October 2024 and November 2024. The median list price of listings available in November 2024 was $480,941, while the average time on the real estate market was 84 days.

From Rocket Homes Real Estate and based on county public records data.

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