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14574 Southwest 98th Terrace

14574 Southwest 98th Terrace, Miami, FL 33186
House in Munne
Sold Dec 13, 2022
$580,000
$522,000 by Fairway Independent Mortgage C
Mortgage Due Dec 01, 2052
Sold Sep 17, 2020
$385,000
$378,026 by Paramount Residential Mortgage
Mortgage Due Oct 01, 2050
14574 Southwest 98th Terrace in Miami, FL was first built in 1987 and is 37 years old. Although, the building on the property was most recently renovated and altered in 1995. 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. 14574 Southwest 98th Terrace has 1,755 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. In total, the area measurement of the land is 5,625 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a rigid frame bar style roof made of materials that we aren't sure of. The exterior walls of the home are made of concrete block. 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, 14574 Southwest 98th Terrace sold most recently in Dec 1, 2022 for a total of $580,000. If you work out the math, that's approximately a cost of $286.42 per sqft. Before that, the property was also sold for $385,000 in Sep 11, 2020. 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 $6,847 in taxes each year. 14574 Southwest 98th Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $409,581. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

Building Features

Driveway

Driveway

Exterior

Block Exterior

Parking

RV Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Rigid frame bar
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,625
  • Total Building Area: 2,025
  • Gross Building Area: 2,025
  • Building Area: 1,755
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,755
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MUNNE SUB
  • Land Acres: 0.129
  • Standard Land Use Code: Single family residential
  • Legal Description 1: MUNNE SUB PB 131-13 LOT 5 BLK 3 LOT SIZE 5625 SQ FT & INT IN COMMON AREA OR 13378-1003 0887 1 COC 26439-4840 06 2008 1

Ownership

  • Current Owner : VICTORI ROLANDO
  • Current Owner 2: VICTORI MARITZA ODALYS
  • Previous Owner : MARTIN JESUS DARIEN HERNANDEZ
  • Previous Owner 2: MARTIN ISABEL C
  • Owner Before Previous Owner: TOMAS ARNALDO BORGES
  • Owner Before Previous Owner 2: KEYES JAQUELINA HENRIQUEZ
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: UNINCORPORATED
  • Census Tract: 018601

Zoning

  • Zoning: 2800

Geography

  • Assessors Map Reference: 275
  • District: 30
  • Parcel: 30-5903-032-0550
  • Block: 3
  • Lot: 5
  • Meridian: SEC 03 TWN 55S RNG 39E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 25.6748
  • Longitude: -80.4277

    Address

  • Full Address: 14574 Sw 98th Ter
  • Address - House Number: 14574
  • Street Direction: SW
  • Address - Street Name: 98th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C085
  • 4-Digit Zip Code: 6921
  • Zip Code: 33186

Valuation

    Tax

  • Total Area: 1,850
  • Tax Year: 2023
  • Tax Amount: $6,847
  • Tax Rate Code Area: 3000

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 549,523
  • High Value: 601,142
  • Low Value: 497,903

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $522,000
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Dec 13, 2022
  • First Open Lien Mortgage Loan Amount: $522,000
  • 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: Dec 01, 2052

    Market Valuation

  • Market Total Value: $473,344
  • Market Land Value: $208,125
  • Market Improvement Value: $265,219

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $409,581

    Sales

  • Current Sale Contract Date: Dec 01, 2022
  • Current Sale Recording Date: Dec 13, 2022
  • Current Sale Transaction ID: 11900144121
  • Current Sale Price: $580,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 929143
  • Previous Sale Recording Date: Sep 17, 2020
  • Previous Sale Contract Date: Sep 11, 2020
  • Previous Sale Amount: $385,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Dec 13, 2022
  • First Mortgage Loan Amount: $522,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • Previous Mortgage Transaction Date: Sep 17, 2020
  • Previous Mortgage Loan Amount: $378,026
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2050

About The Hammocks



Similar Buildings

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Nearby Rentals

Unit for rent at

$3,200 /mo

  • Studio
Listing by Michael Elbilia
Unit for rent at

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 2,005 ft²
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Frequently Asked Questions

What neighborhood is 14574 Southwest 98th Terrace located in?
The 14574 Southwest 98th Terrace is a house located in the neighborhood of Munne in The Hammocks, Miami.
What is the average sales price for listings in 14574 Southwest 98th Terrace?
The average sales price for units in 14574 Southwest 98th Terrace is $0 currently.

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