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12040 North Miami Avenue

12040 North Miami Avenue, Miami, FL 33168
Property in Overbrook Shores
Sold Jun 15, 2023
$365,000
$390,000 by Kiavi Funding Inc
Mortgage
Local assessors in Miami, FL have categorized 12040 North Miami Avenue as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 1976. The property's lot size has been calculated to be 7,500 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 600 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, 5 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 4 full bathrooms. There are also 4 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 12040 North Miami Avenue has a total of 1,979 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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. The property was last sold in May 25, 2023 for $365,000. That's $161.36 per sqft. 12040 North Miami Avenue was last assessed in 2023. The total value of the property was assessed at $381,724. 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 $8,528. 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! 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.

Building Features

Exterior

Block Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1976
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,262
  • Gross Building Area: 2,262
  • Building Area: 1,979
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,979
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OVERBROOK SHORES NO 2
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 25 52 41 OVERBROOK SHORES NO 2 PB 50-31 LOT 6 BLK 12 LOT SIZE 60.000 X 125 OR 10882-1033 0980 5

Ownership

  • Current Owner : 12040 NMIAMI LLC
  • Previous Owner : POLLAK BARBARA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: NORTH MIAMI
  • Census Tract: 000308

Zoning

  • Zoning: 0400

Geography

  • Assessors Map Reference: 59
  • District: 06
  • Parcel: 06-2125-015-2350
  • Block: 12
  • Lot: 6
  • Meridian: SEC 25 TWN 52S RNG 41E
  • Municipality: NORTH MIAMI
  • Latitude: 25.8859
  • Longitude: -80.1988

    Address

  • Full Address: 12040 N Miami Ave
  • Address - House Number: 12040
  • Street Direction: N
  • Address - Street Name: Miami
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: North Miami
  • Carrier Code: C016
  • 4-Digit Zip Code: 4521
  • Zip Code: 33168

Valuation

    Tax

  • Total Area: 2,023
  • Tax Year: 2023
  • Tax Amount: $8,528
  • Tax Rate Code Area: 600

    Appraisal Valuation

  • Standard Deviation: 0.1866
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 532,042
  • High Value: 631,350
  • Low Value: 432,733

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $390,000
  • First Open Lien Mortgage Lender: KIAVI FUNDING INC
  • First Open Lien Mortgage Recording Date: Jun 15, 2023
  • First Open Lien Mortgage Loan Amount: $390,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan

    Market Valuation

  • Market Total Value: $386,074
  • Market Land Value: $180,000
  • Market Improvement Value: $206,074

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $381,724

    Sales

  • Current Sale Contract Date: May 25, 2023
  • Current Sale Recording Date: Jun 15, 2023
  • Current Sale Transaction ID: 11908956867
  • Current Sale Price: $365,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 408765

    Last Sale Mortgage

  • First Mortgage Lender: KIAVI FUNDING INC
  • First Mortgage Transaction Date: Jun 15, 2023
  • First Mortgage Loan Amount: $390,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan

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Frequently Asked Questions

What neighborhood is 12040 North Miami Avenue located in?
The 12040 North Miami Avenue is a located in the neighborhood of Overbrook Shores in North Miami, Miami.
What is the average sales price for listings in 12040 North Miami Avenue?
The average sales price for units in 12040 North Miami Avenue is $0 currently.

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