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1265 Northwest 40th Street

1265 Northwest 40th Street, Miami, FL 33142
Sold May 02, 2019
$170,000
Buyer
Seller
$241,656 by Freedom Mortgage Corporation
Mortgage Due Mar 01, 2053
Sold Feb 19, 2019
$138,100
1265 Northwest 40th 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 1950 and is 74 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1265 Northwest 40th Street has 1,049 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 1,000 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,000 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. 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. The property was last sold in Apr 19, 2019 for $170,000. That's $147.70 per sqft. Prior to that sales transaction, the property was also sold in Feb 14, 2019 for $138,100. 1265 Northwest 40th Street was last assessed in 2023. The total value of the property was assessed at $176,468. 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 $3,147. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 2
  • 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: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,151
  • Gross Building Area: 1,151
  • Building Area: 1,049
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,049
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: N MIAMI ESTS
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N MIAMI ESTS PB 5-48 LOT 10 BLK 43 LOT SIZE 50.000 X 100

Ownership

  • Current Owner : LIMA YAMILE
  • Previous Owner : FANNIE MAE
  • Owner Before Previous Owner: HINSON AGNES KATHERINE
  • Is Owner Occupied: Owner-occupied property

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: 01-3123-037-3920
  • Block: 43
  • Lot: 10
  • Meridian: SEC 23 TWN 53S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.813
  • Longitude: -80.2173

    Address

  • Full Address: 1265 Nw 40th St
  • Address - House Number: 1265
  • Street Direction: NW
  • Address - Street Name: 40th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C009
  • 4-Digit Zip Code: 4884
  • Zip Code: 33142

Valuation

    Tax

  • Total Area: 1,040
  • Tax Year: 2023
  • Tax Amount: $3,147
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1951
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 390,111
  • High Value: 466,229
  • Low Value: 313,994

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $241,656
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Feb 13, 2023
  • First Open Lien Mortgage Loan Amount: $241,656
  • 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: Mar 01, 2053

    Market Valuation

  • Market Total Value: $271,804
  • Market Land Value: $164,862
  • Market Improvement Value: $106,942

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $176,468

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 19, 2019
  • Current Sale Recording Date: May 02, 2019
  • Current Sale Transaction ID: 11607446451
  • Current Sale Price: $170,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2019R0271689
  • Previous Sale Recording Date: Feb 19, 2019
  • Previous Sale Contract Date: Feb 14, 2019
  • Previous Sale Amount: $138,100
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: MORIA DEVELOPMENT INC
  • First Mortgage Transaction Date: May 02, 2019
  • First Mortgage Loan Amount: $166,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2049

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Frequently Asked Questions

What neighborhood is 1265 Northwest 40th Street located in?
The 1265 Northwest 40th Street is a house located in the neighborhood of Liberty City in Northern Miami, Miami.
What is the average sales price for listings in 1265 Northwest 40th Street?
The average sales price for units in 1265 Northwest 40th Street is $0 currently.

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