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1241 Northeast 208th Terrace

1241 Northeast 208th Terrace, Miami, FL 33179
Property in Ives Estates
Sold Mar 22, 2018
$280,000
$274,928 by Paramount Residential Mortgage
Mortgage Due Apr 01, 2048
Sold Jul 10, 2017
$169,000
1241 Northeast 208th 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 1956 and is 68 years old. However, we must point out that the home was most recently renovated and altered in 2019. 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, 1241 Northeast 208th Terrace has 1,486 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 1,070 ft and across the front of the lot is 870 ft. The area measurement of the land has been determined as 9,309 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 a unknown. Love to swim? You'll be excited to find out that there is a both a pool and a spa 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of E by the local assessor. 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, 1241 Northeast 208th Terrace sold most recently in Mar 14, 2018 for a total of $280,000. If you work out the math, that's approximately a cost of $172.63 per sqft. Before that, the property was also sold for $169,000 in Jun 21, 2017. 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 $10,562 in taxes each year. 1241 Northeast 208th Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $346,499. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 1956
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: E
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 9,309
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 870
  • Total Building Area: 1,622
  • Gross Building Area: 1,622
  • Building Area: 1,486
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,486
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: IVES ESTATES S
  • Land Acres: 0.214
  • Standard Land Use Code: Single family residential
  • Legal Description 1: IVES ESTATES SECTION 3 PB 60-33 LOT 11 BLK 28 LOT SIZE 87.000 X 107 OR 19235-4105 0700 6

Ownership

  • Current Owner : GOMEZ PATRICIA K
  • Previous Owner : KB MART LLC
  • Owner Before Previous Owner: BANK OF AMERICA N A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: UNINCORPORATED
  • Census Tract: 009803

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 8
  • District: 30
  • Parcel: 30-1232-005-0980
  • Block: 28
  • Lot: 11
  • Meridian: SEC 32 TWN 51S RNG 42E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 25.9679
  • Longitude: -80.1774

    Address

  • Full Address: 1241 Ne 208th Ter
  • Address - House Number: 1241
  • Street Direction: NE
  • Address - Street Name: 208th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C085
  • 4-Digit Zip Code: 2022
  • Zip Code: 33179

Valuation

    Tax

  • Total Area: 1,380
  • Tax Year: 2023
  • Tax Amount: $10,562
  • Tax Rate Code Area: 3000

    Appraisal Valuation

  • Standard Deviation: 0.1844
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 603,451
  • High Value: 714,764
  • Low Value: 492,137

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $294,273
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 22, 2018
  • First Open Lien Mortgage Loan Amount: $274,928
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2048
  • Second Open Lien Mortgage Lender: DEPARTMENT OF HOUSING & URBAN
  • Second Open Lien Mortgage Recording Date: Oct 30, 2020
  • Second Open Lien Mortgage Loan Amount: $19,345
  • Second Open Lien Mortgage Term: 329
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2048

    Market Valuation

  • Market Total Value: $432,117
  • Market Land Value: $193,304
  • Market Improvement Value: $238,813

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $346,499

    Sales

  • Current Sale Contract Date: Mar 14, 2018
  • Current Sale Recording Date: Mar 22, 2018
  • Current Sale Transaction ID: 11438891028
  • Current Sale Price: $280,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018R0169808
  • Previous Sale Recording Date: Jul 10, 2017
  • Previous Sale Contract Date: Jun 21, 2017
  • Previous Sale Amount: $169,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Mar 22, 2018
  • First Mortgage Loan Amount: $274,928
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2048

About Ives Estates



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Frequently Asked Questions

What neighborhood is 1241 Northeast 208th Terrace located in?
The 1241 Northeast 208th Terrace is a located in the neighborhood of Ives Estates in Ives Estates, Miami.
What is the average sales price for listings in 1241 Northeast 208th Terrace?
The average sales price for units in 1241 Northeast 208th Terrace is $0 currently.

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