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Sold for $245,000
    • Tax assessed value
    $245,000

    620 SW 38th Terrace, Fort Lauderdale, FL 33312

    3beds
    1,512sqft
    Single Family Residence
    Built in 1956
    7,506 Square Feet Lot
    $428,000 Zestimate®
    $162/sqft
    $2,962 Estimated rent

    Home value

    $428,000

    $389,000 - $467,000

    $2,962/mo

    Zestimate® history
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    What's special

    Investor 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael K Wells 508-769-6769,

    Charles Rutenberg Realty FTL

    Bought with:

    Rodrigo R Fortuna, 3273321

    Fortuna Properties Group Inc

    Source: BeachesMLS,MLS#: R11082375MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Primary bedroom
    • Level: Main
    • Area: 1
    • Dimensions: 1 X 1
    Kitchen
    • Level: Main
    • Area: 1
    • Dimensions: 1 X 1
    Living room
    • Level: Main
    • Area: 1
    • Dimensions: 1 X 1
    Heating
    • None
    Cooling
    • None
    Features
    • None
    • Flooring: Concrete
    Interior area
    • Total structure area: 1,866
    • Total interior livable area: 1,512 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Waterfront features: None
    Lot
    • Size: 7,506 Square Feet
    • Features: < 1/4 Acre
    Details
    • Parcel number: 504207070150
    • Zoning: RS-6.7
    • Other equipment: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block
    Condition
    • Resale
    • New construction: No
    • Year built: 1956

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Sewer Available

    Community & HOA

    Community
    • Subdivision: MELROSE PARK SEC 7
    HOA
    • Has HOA: No
    • Amenities included: None
    Location
    • Region: Fort Lauderdale

    Financial & listing details

    • Price per square foot: $162/sqft
    • Tax assessed value: $245,000
    • Annual tax amount: $7,437
    • Date on market: 4/17/2025
    • Cumulative days on market: 59 days
    • Listing terms: Cash

    Price history

    DateEventPrice
    4/23/2025Sold$245,000-16.9%$162/sqft
    Source: BeachesMLS #R11082375 Report a problem
    4/19/2025Pending sale$295,000$195/sqft
    Source: BeachesMLS #RX-11082375 Report a problem
    4/17/2025Listed for sale$295,000+9.7%$195/sqft
    Source: BeachesMLS #RX-11082375 Report a problem
    4/14/2025Listing removed$269,000$178/sqft
    Source: BeachesMLS #RX-11062715 Report a problem
    3/6/2025Price change$269,000-8.8%$178/sqft
    Source: BeachesMLS #RX-11062715 Report a problem
    2/15/2025Listed for sale$295,000-21.3%$195/sqft
    Source: BeachesMLS #RX-11062715 Report a problem
    2/5/2025Listing removed$375,000$248/sqft
    Source: MIAMI #A11678678 Report a problem
    12/17/2024Price change$375,000-16.7%$248/sqft
    Source: MIAMI #A11678678 Report a problem
    11/13/2024Listed for sale$450,000$298/sqft
    Source: MIAMI #A11678678 Report a problem
    10/31/2024Pending sale$450,000$298/sqft
    Source: MIAMI #A11678678 Report a problem
    10/18/2024Listed for sale$450,000+769.9%$298/sqft
    Source: MIAMI #A11678678 Report a problem
    1/1/1992Sold$51,729$34/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,298 -28.8%$245,000 -32.4%
    2024$7,437 +9%$362,340 +10%
    2023$6,820 +75.2%$329,400 +49.3%
    2022$3,894 +3.1%$220,630 +3%
    2021$3,777 -6.9%$214,210 +13.3%
    2020$4,058 +1.7%$189,090 -4.4%
    2019$3,989 $197,890 +19.9%
    2018$3,989 +59.2%$165,100 +30.7%
    2017$2,506 -7%$126,360 +10%
    2016$2,695 +8.6%$114,880 +10%
    2015$2,481 +16.9%$104,440 +10%
    2014$2,122 $94,950 +5.5%
    2013$2,122 +15.6%$90,020 +6.1%
    2012$1,835 +9.9%$84,820 +11%
    2011$1,670 -8.4%$76,420 -7%
    2010$1,822 -33.9%$82,200 -37.7%
    2009$2,757 -31.7%$132,030 -33.3%
    2008$4,038 -4.7%$197,900 -5.3%
    2007$4,239 +2.6%$209,060 +13.8%
    2006$4,133 $183,650 +29.9%
    2005-- $141,400 +36.2%
    2004$2,658 +9.1%$103,820 +6.9%
    2003$2,436 +14.8%$97,150 +17%
    2002$2,123 -12.7%$83,030 +7.7%
    2001$2,431 +10%$77,070
    2000$2,210 --
    Find assessor info on the county website

    Neighborhood: Melrose Park

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    Estimated market value
    $428,000
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    Estimated market value
    $428,000

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