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1200 Southwest 15th Terrace

1200 Southwest 15th Terrace, Miami, FL 33145
Property in Brickell Estates
Sold Oct 08, 2004
$420,000
$392,000 by Greenpoint Mortgage Funding In
Mortgage Due Nov 01, 2035
Sold Jun 23, 2000
$216,000
1200 Southwest 15th 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 1946 and is 78 years old. However, we must point out that the home was most recently renovated and altered in 1979. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1200 Southwest 15th Terrace has 2,165 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,270 ft and across the front of the lot is 675 ft. The area measurement of the land has been determined as 8,573 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying both a unknown and a unknown. 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 exterior walls of the building are made of a combination of material. 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, 1200 Southwest 15th Terrace sold most recently in Oct 7, 2004 for a total of $420,000. If you work out the math, that's approximately a cost of $156.31 per sqft. Before that, the property was also sold for $216,000 in Jan 1, 1970. 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 $6,674 in taxes each year. 1200 Southwest 15th Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $329,543. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1946
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 8,573
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 675
  • Total Building Area: 2,687
  • Gross Building Area: 2,687
  • Building Area: 2,165
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,165
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRICKELL ESTATES
  • Land Acres: 0.197
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BRICKELL ESTATES LOT 10 & LOT 11 & N15FT LOT 12 BLK 4 PB 17-52 LOT SIZE 67.500 X 127 COC 22719-3228 10 2004 1

Ownership

  • Current Owner : MORALES SERGIO R
  • Previous Owner : GOFF ERIK
  • Previous Owner 2: GOFF VERONICA
  • Owner Before Previous Owner: DELEON GUILLERMO DE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 006403

Zoning

  • Zoning: 0100

Geography

  • District: 01
  • Parcel: 01-4138-008-0710
  • Block: 4
  • Lot: 10-12
  • Meridian: SEC 38 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7584
  • Longitude: -80.2146

    Address

  • Full Address: 1200 Sw 15th Ter
  • Address - House Number: 1200
  • Street Direction: SW
  • Address - Street Name: 15th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C024
  • 4-Digit Zip Code: 1618
  • Zip Code: 33145

Valuation

    Tax

  • Total Area: 2,426
  • Tax Year: 2023
  • Tax Amount: $6,674
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1894
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 1,158,062
  • High Value: 1,377,498
  • Low Value: 938,627

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $392,000
  • First Open Lien Mortgage Lender: GREENPOINT MORTGAGE FUNDING IN
  • First Open Lien Mortgage Recording Date: Nov 15, 2005
  • First Open Lien Mortgage Loan Amount: $392,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2035

    Market Valuation

  • Market Total Value: $1,006,006
  • Market Land Value: $771,570
  • Market Improvement Value: $234,436

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $329,543

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 07, 2004
  • Current Sale Recording Date: Oct 08, 2004
  • Current Sale Transaction ID: 11460061709
  • Current Sale Price: $420,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2004R0887077
  • Previous Sale Recording Date: Jun 23, 2000
  • Previous Sale Amount: $216,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE HOME LOANS INC
  • First Mortgage Transaction Date: Oct 08, 2004
  • First Mortgage Loan Amount: $399,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

About Coral Way



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Frequently Asked Questions

What neighborhood is 1200 Southwest 15th Terrace located in?
The 1200 Southwest 15th Terrace is a located in the neighborhood of Brickell Estates in Coral Way, Miami.
What is the average sales price for listings in 1200 Southwest 15th Terrace?
The average sales price for units in 1200 Southwest 15th Terrace is $0 currently.

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