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1400 Michigan Avenue

1400 Michigan Avenue, Miami Beach, FL 33139
Sold Feb 05, 2020
$880,000
$560,000 by Wells Fargo Bank Na
Mortgage Due Feb 01, 2050
1400 Michigan Avenue in Miami Beach, FL was first built in 1977 and is 47 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1400 Michigan Avenue has 1,804 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 7,500 square feet.

Learn more about the property and building on this page. There is a unknown. For those who need parking, there is a garage. The garage is 308 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The exterior walls of the home are made of a combination of material. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1400 Michigan Avenue was last sold in Jan 27, 2020 for $880,000. According to our calculations, that's $339.51 per sqft. Current property owners are expected to pay $15,661 in taxes per year. The property on 1400 Michigan Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $869,924. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Covered Parking
Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 308
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,592
  • Gross Building Area: 2,592
  • Building Area: 1,804
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,804
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OCEAN BEACH ADD NO 3
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OCEAN BEACH ADD NO 3 PB 2-81 LOT 12 BLK 93 LOT SIZE 50.000 X 150 OR 9237-525 74R 165240

Ownership

  • Current Owner : SOSSONKO MENACHEM MENDEL
  • Current Owner 2: SOSSONKO CHANA RAIZEL
  • Previous Owner : SERPA ALBERTO
  • Previous Owner 2: SERPA SILVIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 004304

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 265
  • District: 02
  • Parcel: 02-4203-009-7090
  • Block: 93
  • Lot: 12
  • Meridian: SEC 03 TWN 54S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.7854
  • Longitude: -80.139

    Address

  • Full Address: 1400 Michigan Ave
  • Address - House Number: 1400
  • Address - Street Name: Michigan
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C029
  • 4-Digit Zip Code: 3825
  • Zip Code: 33139

Valuation

    Tax

  • Total Area: 2,173
  • Tax Year: 2023
  • Tax Amount: $15,661
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1819
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,736,105
  • High Value: 2,052,014
  • Low Value: 1,420,197

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $560,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Feb 05, 2020
  • First Open Lien Mortgage Loan Amount: $560,000
  • 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: Feb 01, 2050

    Market Valuation

  • Market Total Value: $1,253,476
  • Market Land Value: $1,113,750
  • Market Improvement Value: $139,726

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $869,924

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 27, 2020
  • Current Sale Recording Date: Feb 05, 2020
  • Current Sale Transaction ID: 11735379704
  • Current Sale Price: $880,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R0085979

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Feb 05, 2020
  • First Mortgage Loan Amount: $560,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

About Flamingo - Lummus



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Frequently Asked Questions

What neighborhood is 1400 Michigan Avenue located in?
The 1400 Michigan Avenue is a house located in the neighborhood of Flamingo - Lummus in Flamingo - Lummus, Miami Beach.
What is the average sales price for listings in 1400 Michigan Avenue?
The average sales price for units in 1400 Michigan Avenue is $0 currently.

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