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1110 Wallace Street

1110 Wallace Street, Miami, FL 33134
Sold Sep 21, 2023
$1,350,000
$700,000 by Lafayette Federal Credit Union
Mortgage Due Sep 01, 2053
Sold Sep 08, 2021
$975,000
$548,250 by City First Mortgage Services L
Mortgage Due Sep 01, 2051
Local assessors in Miami, FL have categorized 1110 Wallace Street as a residential type of property. The home was built in 1951 and is 73 years old. It was most recently renovated and altered in 1982. The property's lot size has been calculated to be 10,700 square feet. The linear feet between the front and back of the lot was measured at 1,070 ft and the front of the lot was measured at 500 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, 3 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 2 full bathrooms. There are also 2 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 1110 Wallace Street has a total of 2,662 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. 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. Lots of a combination of material 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, 1110 Wallace Street sold most recently in Aug 28, 2023 for a total of $1,350,000. If you work out the math, that's approximately a cost of $507.14 per sqft. Before that, the property was also sold for $975,000 in Aug 27, 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 $20,413 in taxes each year. 1110 Wallace Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,100,795. If we break it down further, the land itself was valued at $802,500. Improvements to the property, however, were assessed at a total of $298,295. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,700
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,662
  • Gross Building Area: 2,662
  • Building Area: 2,662
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,662
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TAMIAMI PLACE PLAN NO 3
  • Land Acres: 0.246
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TAMIAMI PLACE PLAN NO 3 PB 6-97 LOTS 43 & 44 LOT SIZE 100.000 X 107 OR 19066-4056 04 2000 1

Ownership

  • Current Owner : SHIRE RHONDA
  • Previous Owner : BARRINGTON ASHLEY Y
  • Previous Owner 2: BARRINGTON JAVIER
  • Owner Before Previous Owner: ALFONSO GUSTAVO Z
  • Owner Before Previous Owner 2: ALFONSO MARGARITA M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: CORAL GABLES
  • Census Tract: 006106

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 243
  • District: 03
  • Parcel: 03-4107-011-0360
  • Lot: 43,44
  • Meridian: SEC 07 TWN 54S RNG 41E
  • Municipality: CORAL GABLES
  • Latitude: 25.7607
  • Longitude: -80.2779

    Address

  • Full Address: 1110 Wallace St
  • Address - House Number: 1110
  • Address - Street Name: Wallace
  • Address - Suffix Type: St
  • State: FL
  • City Name: Coral Gables
  • Carrier Code: C015
  • 4-Digit Zip Code: 2485
  • Zip Code: 33134

Valuation

    Tax

  • Total Area: 2,662
  • Tax Year: 2023
  • Tax Amount: $20,413
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1789
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,628,974
  • High Value: 1,920,540
  • Low Value: 1,337,409

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $700,000
  • First Open Lien Mortgage Lender: LAFAYETTE FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: Sep 21, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $700,000
  • 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: Sep 01, 2053

    Market Valuation

  • Market Total Value: $1,100,795
  • Market Land Value: $802,500
  • Market Improvement Value: $298,295

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,100,795
  • Assessed Land Value: $802,500
  • Assessed Improvements Value: $298,295

    Sales

  • Current Sale Contract Date: Aug 28, 2023
  • Current Sale Recording Date: Sep 21, 2023
  • Current Sale Transaction ID: 11913849034
  • Current Sale Price: $1,350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 673508
  • Previous Sale Recording Date: Sep 08, 2021
  • Previous Sale Contract Date: Aug 27, 2021
  • Previous Sale Amount: $975,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAFAYETTE FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: Sep 21, 2023
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: CITY FIRST MORTGAGE SERVICES L
  • Previous Mortgage Transaction Date: Sep 08, 2021
  • Previous Mortgage Loan Amount: $548,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2051

About Granada



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Frequently Asked Questions

What neighborhood is 1110 Wallace Street located in?
The 1110 Wallace Street is a house located in the neighborhood of Tamiami Place in Granada, Miami.
What is the average sales price for listings in 1110 Wallace Street?
The average sales price for units in 1110 Wallace Street is $0 currently.

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