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12011 Southwest 37th Terrace

12011 Southwest 37th Terrace, Miami, FL 33175
Property in Southern Estates
Sold Sep 11, 2020
$425,000
$297,500 by Amvg Investments Llc
Mortgage
Sold Jan 19, 2000
$139,500
12011 Southwest 37th 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 1961 and is 63 years old. However, we must point out that the home was most recently renovated and altered in 2011. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 12011 Southwest 37th Terrace has 2,314 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 1,300 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 8,980 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. Love to swim? You'll be excited to find out that there is a pool on the property. 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 rigid frame bar style roof. The exterior walls of the building are made of stucco. The property was last sold in Aug 31, 2020 for $425,000. That's $179.93 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $139,500. 12011 Southwest 37th Terrace was last assessed in 2023. The total value of the property was assessed at $452,359. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $8,552. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 2011
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Concrete block
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Rigid frame bar
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,980
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,362
  • Gross Building Area: 2,362
  • Building Area: 2,314
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,314
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTHERN ESTATES
  • Land Acres: 0.206
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 13 54 39 SOUTHERN ESTATES PB 70-16 LOT 40 BLK 7 LOT SIZE IRREGULAR COC 24139-2535 1005 5 24952-0071

Ownership

  • Current Owner : BANKE MANAGEMENT LLC
  • Previous Owner : MORALES AURA P
  • Previous Owner 2: AVILA DORIDA
  • Owner Before Previous Owner: EDGAR VIRGINIA M
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: UNINCORPORATED
  • Census Tract: 015501

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 195
  • District: 30
  • Parcel: 30-4913-001-1420
  • Block: 7
  • Lot: 40
  • Meridian: SEC 13 TWN 54S RNG 39E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 25.734
  • Longitude: -80.3902

    Address

  • Full Address: 12011 Sw 37th Ter
  • Address - House Number: 12011
  • Street Direction: SW
  • Address - Street Name: 37th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C068
  • 4-Digit Zip Code: 3507
  • Zip Code: 33175

Valuation

    Tax

  • Total Area: 1,928
  • Tax Year: 2023
  • Tax Amount: $8,552
  • Tax Rate Code Area: 3000

    Appraisal Valuation

  • Standard Deviation: 0.1704
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 735,090
  • High Value: 860,419
  • Low Value: 609,762

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $297,500
  • First Open Lien Mortgage Lender: AMVG INVESTMENTS LLC
  • First Open Lien Mortgage Recording Date: Sep 11, 2020
  • First Open Lien Mortgage Loan Amount: $297,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $489,246
  • Market Land Value: $244,728
  • Market Improvement Value: $244,518

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $452,359

    Sales

  • Current Sale Contract Date: Aug 31, 2020
  • Current Sale Recording Date: Sep 11, 2020
  • Current Sale Transaction ID: 11788677125
  • Current Sale Price: $425,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R0514565
  • Previous Sale Recording Date: Jan 19, 2000
  • Previous Sale Amount: $139,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMVG INVESTMENTS LLC
  • First Mortgage Transaction Date: Sep 11, 2020
  • First Mortgage Loan Amount: $297,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 12011 Southwest 37th Terrace located in?
The 12011 Southwest 37th Terrace is a located in the neighborhood of Southern Estates in Tamiami, Miami.
What is the average sales price for listings in 12011 Southwest 37th Terrace?
The average sales price for units in 12011 Southwest 37th Terrace is $0 currently.

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