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11732 Southwest 116th Terrace

11732 Southwest 116th Terrace, Miami, FL 33186
Property in Towngate South
Sold Dec 08, 2016
$287,500
$230,000 by Umc Mortgage Co
Mortgage Due Jan 01, 2047
Sold May 22, 2015
$182,100
11732 Southwest 116th Terrace 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 1986 and is 38 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 11732 Southwest 116th Terrace has 1,572 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 4,002 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a cluster 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 184 sqft. Residents will have the luxury of enjoying both a unknown and a unknown. The building has a rigid frame bar style roof made of materials that we aren't sure of. The exterior walls of the building are made of concrete block. 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, 11732 Southwest 116th Terrace sold most recently in Dec 7, 2016 for a total of $287,500. If you work out the math, that's approximately a cost of $146.46 per sqft. Before that, the property was also sold for $182,100 in May 21, 2015. 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 $4,132 in taxes each year. 11732 Southwest 116th Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $250,369. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Cluster
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Rigid frame bar
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 184
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,002
  • Total Building Area: 1,963
  • Gross Building Area: 1,963
  • Building Area: 1,572
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,572
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOWNGATE SOUTH
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TOWNGATE SOUTH SEC 2 PB 128-88 LOT 83 BLK 1 LOT SIZE 4002 SQ FT & INT IN COMMON AREA OR 20434-3026 0502 1 COC 25226-2082 11 2006 1

Ownership

  • Current Owner : FERNANDEZ EDUARDO J
  • Current Owner 2: FERNANDEZ STEPHANIE
  • Previous Owner : CRESPO JANET
  • Owner Before Previous Owner: ALBERT DAVID M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: UNINCORPORATED
  • Census Tract: 008427

Zoning

  • Zoning: 2800

Geography

  • Assessors Map Reference: 274
  • District: 30
  • Parcel: 30-5912-027-0110
  • Block: 1
  • Lot: 83
  • Meridian: SEC 12 TWN 55S RNG 39E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 25.6598
  • Longitude: -80.3847

    Address

  • Full Address: 11732 Sw 116th Ter
  • Address - House Number: 11732
  • Street Direction: SW
  • Address - Street Name: 116th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C045
  • 4-Digit Zip Code: 3982
  • Zip Code: 33186

Valuation

    Tax

  • Total Area: 1,624
  • Tax Year: 2023
  • Tax Amount: $4,132
  • Tax Rate Code Area: 3000

    Appraisal Valuation

  • Standard Deviation: 0.1661
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 79
  • Final Value: 538,190
  • High Value: 627,617
  • Low Value: 448,763

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $230,000
  • First Open Lien Mortgage Lender: UMC MORTGAGE CO
  • First Open Lien Mortgage Recording Date: Dec 08, 2016
  • First Open Lien Mortgage Loan Amount: $230,000
  • 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: Jan 01, 2047

    Market Valuation

  • Market Total Value: $350,906
  • Market Land Value: $172,086
  • Market Improvement Value: $178,820

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,369

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 07, 2016
  • Current Sale Recording Date: Dec 08, 2016
  • Current Sale Transaction ID: 1884496925
  • Current Sale Price: $287,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016R0704471
  • Previous Sale Recording Date: May 22, 2015
  • Previous Sale Contract Date: May 21, 2015
  • Previous Sale Amount: $182,100
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: UMC MORTGAGE CO
  • First Mortgage Transaction Date: Dec 08, 2016
  • First Mortgage Loan Amount: $230,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2047

About Kendall



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Frequently Asked Questions

What neighborhood is 11732 Southwest 116th Terrace located in?
The 11732 Southwest 116th Terrace is a located in the neighborhood of Towngate South in Kendall, Miami.
What is the average sales price for listings in 11732 Southwest 116th Terrace?
The average sales price for units in 11732 Southwest 116th Terrace is $0 currently.

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