407 56th Ter
Hollywood, FL 33023
3 bd 2 ba 1,603 sqft Built 1956 Lot 7,502 sqft single_family
Most recent sale
$500,000
Aug 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 12, 2022 | Sold | $500,000 | MLS #F10339882 |
| Jul 20, 2022 | Listed | $500,000 | MLS #F10339882 |
| Oct 14, 2016 | Sold | $320,000 | MLS #A10090148 |
| Aug 17, 2016 | Price changed | $335,000 | MLS #A10090148 |
| Jul 1, 2016 | Price changed | $330,000 | MLS #A10090148 |
| Jun 22, 2016 | Relisted | $345,000 | MLS #A10090148 |
| Jun 12, 2016 | Relisted | $345,000 | MLS #A10090148 |
| Apr 7, 2014 | Listed | $295,000 | MLS #A1932315 |
| Jul 14, 2008 | Sold | $231,000 | Public Record |
| Aug 9, 2002 | Sold | $155,000 | Public Record |
| Mar 20, 1998 | Sold | $120,000 | Public Record |
| Apr 14, 1994 | Sold | $114,900 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2023 | $415,770 | $45,010 | $460,780 | $10,486 |
| 2021 | $286,090 | $45,010 | $331,100 | $7,219 |
| 2020 | $267,180 | $45,010 | $312,190 | $6,834 |
| 2019 | $251,890 | $45,010 | $296,900 | $6,596 |
| 2018 | $244,650 | $45,010 | $289,660 | $6,289 |
| 2017 | $222,520 | $48,760 | $271,280 | $5,888 |
| 2016 | $171,030 | $48,760 | $219,790 | $4,849 |
| 2015 | $147,290 | $48,760 | $196,050 | $4,486 |
| 2014 | — | — | $173,070 | $3,109 |
| 2013 | — | — | $170,520 | $3,073 |
| 2012 | — | — | $167,670 | $3,001 |
| 2011 | — | — | $162,790 | $2,919 |
| 2010 | — | — | $160,390 | $2,858 |
| 2009 | — | — | $197,490 | $3,518 |
Property facts
Year built
1956
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,603 sqft
Lot size
7,502 sqft
ZIP code
33023
City
Hollywood
Street
56th Ter
Coordinates
26.00685, -80.19988
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,966
Gross rental yield
7.12%
Implied cap rate
4.63%
Trend-extrapolated value
—
Frequently asked questions
When did 407 56th Ter last sell?
407 56th Ter most recently sold on Aug 12, 2022 for $500,000.
What is the current tax assessment for 407 56th Ter?
The most recent total assessment for 407 56th Ter (year 2023) is $460,780 with $10,486 in property tax.
How does 407 56th Ter's assessment compare to its last sale price?
The current assessment is 7.8% below the last sale price of $500,000.
When was 407 56th Ter built?
407 56th Ter was built in 1956.
How does 407 56th Ter compare to others on 56th Ter?
We track 8 other properties on 56th Ter. Browse the list under "Other properties on 56th Ter" to compare beds, baths, and sale history.
What are the property facts for 407 56th Ter?
407 56th Ter is a 3 bed, 2 bath, 1,603 sqft, 7,502 sqft lot single_family.
Is 407 56th Ter a flip candidate?
No — 407 56th Ter does not appear in our flips dataset.
Is 407 56th Ter a tax-appeal candidate?
No — 407 56th Ter is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+1.8%
Implied 1-yr
+7.2%
2026 Q3
$488K
2026 Q4
$495.8K
ZIP 33023 — Median Price History + Forecast
Explore nearby
Geography
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