1020 Northwest 5th Street

1020 Northwest 5th Street has been categorized by the local assessors in Miami, FL as a residential type of property. The building on the property was first built in 1972 and is 52 years old. The home has a total of 12 bedrooms. Residents will have access to 6 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1020 Northwest 5th Street has 4,730 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete block control joints. The building has a bowstring truss style roof. The exterior walls of the building are made of concrete block. The inside of the home is being cooled with air conditioning at the moment. 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, 1020 Northwest 5th Street sold most recently in Oct 28, 2015 for a total of $560,000. If you work out the math, that's approximately a cost of $118.39 per sqft. Before that, the property was also sold for $460,000 in Oct 17, 2013. 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 $17,942 in taxes each year. 1020 Northwest 5th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $767,886. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.