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1240 Northwest 46th Street

1240 Northwest 46th Street, Miami, FL 33142
Sold Nov 20, 2018
$754,177
$4,877,000 by Corevest American Finance Lend
Mortgage
Sold May 15, 2002
$87,000
1240 Northwest 46th Street 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 1965 and is 59 years old. The home has a total of 4 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, 1240 Northwest 46th Street has 1,458 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 1,010 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,050 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex 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. 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, 1240 Northwest 46th Street sold most recently in Nov 16, 2018 for a total of $754,177. If you work out the math, that's approximately a cost of $444.16 per sqft. Before that, the property was also sold for $87,000 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 $5,067 in taxes each year. 1240 Northwest 46th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $184,509. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Concrete block
  • Building Style: Duplex
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,050
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,698
  • Gross Building Area: 1,698
  • Building Area: 1,458
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,458
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: N MIAMI EST 1ST ADD
  • Land Acres: 0.116
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: N MIAMI EST 1ST ADD PB 6-21 LOT 5 BLK A LOT SIZE 50.000 X 101 OR 20397-4596 05 2002 1 COC 26325-0626 04 2008 2

Ownership

  • Current Owner : G & J PROPERTY MASTERS LLC
  • Previous Owner : G & J 46 LLC
  • Owner Before Previous Owner: COHEN LEON L TRUST C
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 002300

Zoning

  • Zoning: 5700

Geography

  • Assessors Map Reference: 150
  • District: 01
  • Parcel: 01-3123-035-0050
  • Block: A
  • Lot: 5
  • Meridian: SEC 23 TWN 53S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.8171
  • Longitude: -80.2168

    Address

  • Full Address: 1240 Nw 46th St
  • Address - House Number: 1240
  • Street Direction: NW
  • Address - Street Name: 46th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C009
  • 4-Digit Zip Code: 4174
  • Zip Code: 33142

Valuation

    Tax

  • Total Area: 1,548
  • Tax Year: 2023
  • Tax Amount: $5,067
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1892
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 378,073
  • High Value: 449,627
  • Low Value: 306,519

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $4,877,000
  • First Open Lien Mortgage Lender: COREVEST AMERICAN FINANCE LEND
  • First Open Lien Mortgage Recording Date: Nov 20, 2018
  • First Open Lien Mortgage Loan Amount: $4,877,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $261,229
  • Market Land Value: $166,491
  • Market Improvement Value: $94,738

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $184,509

    Sales

  • Current Sale Contract Date: Nov 16, 2018
  • Current Sale Recording Date: Nov 20, 2018
  • Current Sale Transaction ID: 11538779049
  • Current Sale Price: $754,177
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018R0707690
  • Previous Sale Recording Date: May 15, 2002
  • Previous Sale Amount: $87,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COREVEST AMERICAN FINANCE LEND
  • First Mortgage Transaction Date: Nov 20, 2018
  • First Mortgage Loan Amount: $4,877,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 1240 Northwest 46th Street located in?
The 1240 Northwest 46th Street is a located in the neighborhood of North Miami Estates in Northern Miami, Miami.
What is the average sales price for listings in 1240 Northwest 46th Street?
The average sales price for units in 1240 Northwest 46th Street is $0 currently.

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