118 TER, SU, FL 33323

Parcel: 494024116350 · 01 · Zoning:

Assessed Value (2026)
$330,670

Property Details

Year Built
1985
Lot Sqft
12,861

Sales History

1
$100non-market transfer
2011-06-08
2
$298,000
2015-06-30
3
$540,000+81%
2021-10-29

Tax Assessment History

$330,670
Assessed (2026)
$522,450
Market Value
$275,670
Taxable Value
$5,612
Annual Tax
2025
$608,907
$0
2026
$330,670
$522,450
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $330,670 $522,450 $275,670 $5,612
2025 $608,907 $ $271,040 $5,518

About 118 TER, SU, FL 33323

118 TER, SU, FL 33323 is a property built in 1985 on a 12,861 square foot lot. The property is currently owned by RICHARDSON,JOSEPH C, recorded as of 2026-03-30. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2021-10-29 for $540,000. The property has appreciated $242,000 (81%) since the prior sale of $298,000 on 2015-06-30. There are 3 recorded sales for this property.

The 2026 assessed value is $330,670 with a market value of $522,450. This breaks down to $86,810 for the land and $435,640 for the building. The assessed value decreased 46% from $608,907 in 2025.

There are active mortgage liens totaling $460,254 recorded against this property. 118 TER, SU, FL 33323 is located in SU, Florida. Property records, tax assessments, sales history, and ownership information for this SU property are sourced from broward County public records.

The complete ownership history of this property spans from 2011 to 2021, with 3 recorded transactions in the public record. The current assessed value represents 61% of the most recent sale price. This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase..

Current Owner

RICHARDSON,JOSEPH C
3701 NW 118 TER, SUNRISE, FL, 33323
Since: 2026-03-30
View owner profile →

Est. Annual Insurance

$3,541 — $6,454
Flood $400 — $800
Property/Wind $3,141 — $5,654

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood 33323

73.1%
Owner-Occ
26.9%
Investor
127
Flips (4yr)
2,017
New Biz (3yr)
Distress Risk
ELEVATED
56
View full risk analysis →

Mortgages

ACTIVE
$486,000
~$460,254 bal.
PRIMARY RESIDENTIAL MORTGAGE INC · 2021-11-02
Est. Total Balance $460,254
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.