161 TER, MM, FL 33027
Parcel: 514029040200 · 01 · Zoning:
Assessed Value (2026)
$698,980
Property Details
Year Built
2001
Lot Sqft
9,385
Sales History
1
$470,000
2016-01-11
2
$585,000+24%
2020-05-29
3
$890,000+52%
2024-03-18
4
$890,000
2024-04-10
Tax Assessment History
$698,980
Assessed (2026)
$834,740
Market Value
$648,980
Taxable Value
$13,213
Annual Tax
2025
$1,350,069
$0
2026
$698,980
$834,740
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2026 | $698,980 | $834,740 | $648,980 | $13,213 | $75,080 | $759,660 |
| 2025 | $1,350,069 | $ | $628,630 | $12,798 | $75,080 | $684,610 |
About 161 TER, MM, FL 33027
161 TER, MM, FL 33027 is a property built in 2001 on a 9,385 square foot lot. The property is currently owned by POLITI,MICHAEL, 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 2024-04-10 for $890,000. There are 4 recorded sales for this property. The 2026 assessed value is $698,980 with a market value of $834,740.
This breaks down to $75,080 for the land and $759,660 for the building. The assessed value decreased 48% from $1,350,069 in 2025. The property has the following tax exemptions: homestead.
There are active mortgage liens totaling $743,700 recorded against this property. 161 TER, MM, FL 33027 is located in MM, Florida. Property records, tax assessments, sales history, and ownership information for this MM property are sourced from broward County public records.
The complete ownership history of this property spans from 2016 to 2024, with 4 recorded transactions in the public record. The current assessed value represents 79% of the most recent sale price..
Current Owner
POLITI,MICHAEL
3625 SW 161 TER, MIRAMAR, FL, 33027
Since: 2026-03-30
View owner profile →
Est. Annual Insurance
$5,712 — $10,096
Flood $400 — $800
Property/Wind $5,312 — $9,296
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 33027
78.8%
Owner-Occ
21.2%
Investor
312
Flips (4yr)
4,541
New Biz (3yr)
Distress Risk
ELEVATED
56
Mortgages
ACTIVE
$752,000
FIRST COLONY MORTGAGE CORP · 2025-05-22
2 satisfied mortgages
SATISFIED 2024-04-10
$712,000
ROCKET MORTGAGE LLC
SATISFIED 2022-08-10
$200,001
SPRING EQ LLC
Est. Total Balance $743,700
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.