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12320 Southwest 188th Street

12320 Southwest 188th Street, Miami, FL 33177
Sold Dec 10, 2020
$307,000
$291,650 by Crosscountry Mortgage Llc
Mortgage Due Dec 01, 2050
Sold Mar 13, 1998
$70,000
$70,723 by Crossland Mortgage Corp
Mortgage
Local assessors in Miami, FL have categorized 12320 Southwest 188th Street as a residential type of property. The home was built in 1958 and is 66 years old. It was most recently renovated and altered in 2015. The property's lot size has been calculated to be 7,575 square feet. The linear feet between the front and back of the lot was measured at 1,010 ft and the front of the lot was measured at 750 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 is one full bathroom. There is also a partial bathroom. 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 12320 Southwest 188th Street has a total of 1,199 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 both a unknown and a unknown so you'll have great options in both the front and 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, 12320 Southwest 188th Street sold most recently in Nov 25, 2020 for a total of $307,000. If you work out the math, that's approximately a cost of $189.62 per sqft. Before that, the property was also sold for $70,000 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 $4,246 in taxes each year. 12320 Southwest 188th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $254,529. 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. 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.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: 1958
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 7,575
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,619
  • Gross Building Area: 1,619
  • Building Area: 1,199
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,199
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SO MIAMI HGTS ADD E
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 1 56 39 SO MIAMI HGTS ADD E PB 23-74 LOTS 4-5 & 6 BLK 4 LOT SIZE 75.000 X 101 OR 18016-1856 0398 1

Ownership

  • Current Owner : MACEO MAGDIEL GARCIA
  • Previous Owner : RIVERA IRVING D
  • Owner Before Previous Owner: PORTELA ALEJANDRO H
  • Owner Before Previous Owner 2: PORTELA CARMEN I
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: UNINCORPORATED
  • Census Tract: 010211

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 334
  • District: 30
  • Parcel: 30-6901-001-0500
  • Block: 4
  • Lot: 4-5,6
  • Meridian: SEC 01 TWN 56S RNG 39E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 25.5927
  • Longitude: -80.3914

    Address

  • Full Address: 12320 Sw 188th St
  • Address - House Number: 12320
  • Street Direction: SW
  • Address - Street Name: 188th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C011
  • 4-Digit Zip Code: 3118
  • Zip Code: 33177

Valuation

    Tax

  • Total Area: 1,294
  • Tax Year: 2023
  • Tax Amount: $4,246
  • Tax Rate Code Area: 3000

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 541,253
  • High Value: 639,015
  • Low Value: 443,491

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $316,650
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 10, 2020
  • First Open Lien Mortgage Loan Amount: $291,650
  • 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: Dec 01, 2050
  • Second Open Lien Mortgage Lender: MESA YENY
  • Second Open Lien Mortgage Recording Date: May 17, 2023
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 01, 2028
  • Second Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $364,709
  • Market Land Value: $181,800
  • Market Improvement Value: $182,909

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $254,529

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 25, 2020
  • Current Sale Recording Date: Dec 10, 2020
  • Current Sale Transaction ID: 11809698742
  • Current Sale Price: $307,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R0710529
  • Previous Sale Recording Date: Mar 13, 1998
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 10, 2020
  • First Mortgage Loan Amount: $291,650
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CROSSLAND MORTGAGE CORP
  • Previous Mortgage Transaction Date: Mar 13, 1998
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $70,723
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

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Frequently Asked Questions

What neighborhood is 12320 Southwest 188th Street located in?
The 12320 Southwest 188th Street is a located in the neighborhood of South Miami Heights in South Miami Heights, Miami.
What is the average sales price for listings in 12320 Southwest 188th Street?
The average sales price for units in 12320 Southwest 188th Street is $0 currently.

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