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1000 Northeast 72nd Terrace

1000 Northeast 72nd Terrace, Miami, FL 33138
Sold Mar 23, 2023
$3,525,000
Seller
$2,890,000 by City National Bank Of Florida
Mortgage Due Apr 01, 2053
Sold Apr 08, 2021
$2,035,000
Local assessors in Miami, FL have categorized 1000 Northeast 72nd Terrace as a residential type of property. The home was built in 2021 and is 3 years old. The property's lot size has been calculated to be 11,001 square feet. The linear feet between the front and back of the lot was measured at 1,180 ft and the front of the lot was measured at 1,830 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 4 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1000 Northeast 72nd Terrace has a total of 3,717 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 275 sqft. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. Lots of concrete block were used in the construction of the exterior walls of the home. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1000 Northeast 72nd Terrace sold most recently in Mar 20, 2023 for a total of $3,525,000. If you work out the math, that's approximately a cost of $731.78 per sqft. Before that, the property was also sold for $2,035,000 in Mar 19, 2021. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $40,479 in taxes each year. 1000 Northeast 72nd Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,846,671. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Condition

New Construction

Exterior

Block Exterior

Driveway

Driveway

Parking

Attached Garage
Guest Parking
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Quality: D
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 275
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,001
  • Lot Size Depth Feet: 1,180
  • Lot Size Frontage Feet: 1,830
  • Total Building Area: 4,817
  • Gross Building Area: 4,817
  • Building Area: 3,717
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,717
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NEW BELLE MEADE
  • Land Acres: 0.253
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 7-8 53 42 NEW BELLE MEADE PB 40-45 LOT 18 LESS W26.01FT & LOT 19 BLK 2 LOT SIZE 11001 SQ FT M/L OR 18677-3326 06 1999 6

Ownership

  • Current Owner : KARLIN JONATHAN
  • Previous Owner : AMS TRUST
  • Owner Before Previous Owner: KESSOUS EYAL Y
  • Owner Before Previous Owner 2: KESSOUS ERIN R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 001302

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 168
  • District: 01
  • Parcel: 01-3207-031-0170
  • Block: 2
  • Lot: 18,19
  • Meridian: SEC 07 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.8417
  • Longitude: -80.1763

    Address

  • Full Address: 1000 Ne 72nd Ter
  • Address - House Number: 1000
  • Street Direction: NE
  • Address - Street Name: 72nd
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C003
  • 4-Digit Zip Code: 5267
  • Zip Code: 33138

Valuation

    Tax

  • Total Area: 4,370
  • Tax Year: 2023
  • Tax Amount: $40,479
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 3,140,894
  • High Value: 3,708,228
  • Low Value: 2,573,560

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,890,000
  • First Open Lien Mortgage Lender: CITY NATIONAL BANK OF FLORIDA
  • First Open Lien Mortgage Recording Date: Mar 23, 2023
  • First Open Lien Mortgage Loan Amount: $2,890,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2053

    Market Valuation

  • Market Total Value: $2,085,812
  • Market Land Value: $990,090
  • Market Improvement Value: $1,095,722

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,846,671

    Sales

  • Current Sale Contract Date: Mar 20, 2023
  • Current Sale Recording Date: Mar 23, 2023
  • Current Sale Transaction ID: 11904829036
  • Current Sale Price: $3,525,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 195715
  • Previous Sale Recording Date: Apr 08, 2021
  • Previous Sale Contract Date: Mar 19, 2021
  • Previous Sale Amount: $2,035,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITY NATIONAL BANK OF FLORIDA
  • First Mortgage Transaction Date: Mar 23, 2023
  • First Mortgage Loan Amount: $2,890,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053

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Frequently Asked Questions

What neighborhood is 1000 Northeast 72nd Terrace located in?
The 1000 Northeast 72nd Terrace is a house located in the neighborhood of New Belle Meade in Northern Miami, Miami.
What is the average sales price for listings in 1000 Northeast 72nd Terrace?
The average sales price for units in 1000 Northeast 72nd Terrace is $0 currently.

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