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1274 Southwest 5th Street

1274 Southwest 5th Street, Miami, FL 33135
Sold Apr 12, 2022
$620,000
$527,000 by Everett Financial Inc
Mortgage Due May 01, 2052
Sold Sep 21, 2021
$395,000
$316,000 by Lendinghome Funding Corp
Mortgage
1274 Southwest 5th 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 1929 and is 95 years old. However, we must point out that the home was most recently renovated and altered in 2018. The home has a total of 3 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, 1274 Southwest 5th Street has 1,170 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. Residents will have the luxury of enjoying a unknown. 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 frame control joints. The building has a gable or hip style roof made of tile. The exterior walls of the building are made of a material which is produced from two or more constituent materials. As for the floors, you'll see that the home has flooring throughout. 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, 1274 Southwest 5th Street sold most recently in Apr 6, 2022 for a total of $620,000. If you work out the math, that's approximately a cost of $330.67 per sqft. Before that, the property was also sold for $395,000 in Aug 3, 2021. 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 $10,171 in taxes each year. 1274 Southwest 5th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $476,319. If we break it down further, the land itself was valued at $300,000. Improvements to the property, however, were assessed at a total of $176,319. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Stucco Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 2018
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Exterior Walls Type: Composition
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Covered
  • 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: 1,875
  • Gross Building Area: 1,875
  • Building Area: 1,170
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,170
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAWRENCE ESTATE LAND COS SUB
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2 54 41 PB 2-52 LAWRENCE ESTATE LAND COS SUB N100FT LOT 10 BLK 98 LOT SIZE 50.000 X 100 OR 17087-3598 0296 4

Ownership

  • Current Owner : MARTINEZ ANTHONY
  • Previous Owner : CORE INTERNATIONAL REALTY INC
  • Owner Before Previous Owner: LESHER PECHIN TRUST INC
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 005304

Zoning

  • Zoning: 3901

Geography

  • Assessors Map Reference: 238
  • District: 01
  • Parcel: 01-4102-011-0120
  • Block: 98
  • Lot: 10
  • Meridian: SEC 02 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7684
  • Longitude: -80.216

    Address

  • Full Address: 1274 Sw 5th St
  • Address - House Number: 1274
  • Street Direction: SW
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C024
  • 4-Digit Zip Code: 4006
  • Zip Code: 33135

Valuation

    Tax

  • Total Area: 1,628
  • Tax Year: 2023
  • Tax Amount: $10,171
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 747,332
  • High Value: 878,776
  • Low Value: 615,888

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $527,000
  • First Open Lien Mortgage Lender: EVERETT FINANCIAL INC
  • First Open Lien Mortgage Recording Date: Apr 12, 2022
  • First Open Lien Mortgage Loan Amount: $527,000
  • 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: May 01, 2052

    Market Valuation

  • Market Total Value: $476,319
  • Market Land Value: $300,000
  • Market Improvement Value: $176,319

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $476,319
  • Assessed Land Value: $300,000
  • Assessed Improvements Value: $176,319

    Sales

  • Current Sale Contract Date: Apr 06, 2022
  • Current Sale Recording Date: Apr 12, 2022
  • Current Sale Transaction ID: 11886049623
  • Current Sale Price: $620,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 302422
  • Previous Sale Recording Date: Sep 21, 2021
  • Previous Sale Contract Date: Aug 03, 2021
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EVERETT FINANCIAL INC
  • First Mortgage Transaction Date: Apr 12, 2022
  • First Mortgage Loan Amount: $527,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: LENDINGHOME FUNDING CORP
  • Previous Mortgage Transaction Date: Sep 21, 2021
  • Previous Mortgage Loan Amount: $316,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Western Miami



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Frequently Asked Questions

What neighborhood is 1274 Southwest 5th Street located in?
The 1274 Southwest 5th Street is a located in the neighborhood of East Little Havana in Western Miami, Miami.
What is the average sales price for listings in 1274 Southwest 5th Street?
The average sales price for units in 1274 Southwest 5th Street is $0 currently.

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