1262 Southwest 2nd Street

1262 Southwest 2nd Street has been categorized by the local assessors in Miami, FL as a unknown type of property. The building on the property was first built in 1969 and is 55 years old. The home has a total of 12 bedrooms. Residents will have access to 6 full bathrooms. There are 6 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1262 Southwest 2nd Street has 4,584 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 unknown control joints. The roof of the building is made of unknown. The exterior walls of the building are made of unknown. 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, 1262 Southwest 2nd Street sold most recently in Feb 15, 2022 for a total of $1,425,000. If you work out the math, that's approximately a cost of $310.86 per sqft. Before that, the property was also sold for $1,000,000 in Dec 13, 2019. 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 $21,918 in taxes each year. 1262 Southwest 2nd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,066,216. If we break it down further, the land itself was valued at $450,000. Improvements to the property, however, were assessed at a total of $616,216. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.