by RH Advisors

See Home Value
$310,000
House - Off Market

1480 NW 56th St

Miami, FL 33142
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1156 Sqft
$1,962
Estimated Monthly
$0
HOA / Fees
10.84%
Cap Rate

About This Property

An investors paradise. An opportunity for you to put your stamp on it. Come see this 3/2 home with plenty of shard space and trees for a cool breeze. The property is located near major highways, houses of worships, schools, colleges, Wynwood, Miami Heat's Casey Center, and Bayside to name a few. The area is also undergoing many new construction projects. This property is being sold AS-IS with the right to inspect. This one won't last, so present your best and highest offer to score this deal.
Unit Size
1,156Ft²
Days on Market
121 days
Land Size
-
Price per sqft
$302
Property Type
House
Property Taxes
$248
HOA Dues
-
Year Built
1947
Last updated: 2 months ago (Beaches MLS #F10407528)

Price History

Date / Event Date Event Price
Feb 28, 2024 Sold $310,000
Sold
Feb 10, 2024 In contract -
In contract
Nov 10, 2023 In contract -
In contract
Oct 30, 2023 Listed by Asset Realty & Associates, LLC $349,000
Listed by Asset Realty & Associates, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: E
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 205
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,250
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,156
  • Gross Building Area: 1,156
  • Building Area: 1,156
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,156
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORANGE HEIGHTS
  • Land Acres: 0.121
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ORANGE HEIGHTS PB 14-62 LOT 11 BLK 3 LOT SIZE 50.000 X 105 OR 15512-4339 0592 4 COC 24555-4774 05 2006 5

Ownership

  • Current Owner : LORDY INVESTMENT INC
  • Previous Owner : CURTIS GRACE C
  • Owner Before Previous Owner: WATSON VERNELL BAILEY
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 001903

Zoning

  • Zoning: 5700

Geography

  • Assessors Map Reference: 141
  • District: 01
  • Parcel: 01-3114-035-0320
  • Block: 3
  • Lot: 11
  • Meridian: SEC 14 TWN 53S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.8265
  • Longitude: -80.2222

    Address

  • Full Address: 1480 Nw 56th St
  • Address - House Number: 1480
  • Street Direction: NW
  • Address - Street Name: 56th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C018
  • 4-Digit Zip Code: 3144
  • Zip Code: 33142

Valuation

    Tax

  • Total Area: 987
  • Tax Year: 2023
  • Tax Amount: $3,270
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1951
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 349,645
  • High Value: 417,867
  • Low Value: 281,424

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $304,000
  • First Open Lien Mortgage Lender: RBI MORTGAGES LLC
  • First Open Lien Mortgage Recording Date: Mar 08, 2024
  • First Open Lien Mortgage Loan Amount: $304,000
  • First Open Lien Mortgage Term: 12
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2025

    Market Valuation

  • Market Total Value: $251,691
  • Market Land Value: $149,668
  • Market Improvement Value: $102,023

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,880

    Sales

  • Current Sale Contract Date: Feb 28, 2024
  • Current Sale Recording Date: Mar 08, 2024
  • Current Sale Transaction ID: 11922820236
  • Current Sale Price: $310,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 180519
  • Previous Sale Recording Date: May 23, 2006
  • Previous Sale Contract Date: May 20, 2006
  • Previous Sale Amount: $6,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: RBI MORTGAGES LLC
  • First Mortgage Transaction Date: Mar 08, 2024
  • First Mortgage Loan Amount: $304,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Mar 01, 2025



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,134 ft²
$326/ft²
$370,000 Aug 24, 2023
$370,000 Oct 17, 2023
$342/mo
House
3 Beds
1 Bath
1,012 ft²
$262/ft²
$265,000 Aug 22, 2023
$265,000 Oct 31, 2023
$209/mo
House
3 Beds
2 Baths
1,020 ft²
$382/ft²
$390,000 Jun 26, 2023
$390,000 Sep 18, 2023
$215/mo
House
3 Beds
2 Baths
1,080 ft²
$392/ft²
$423,000 Jan 29, 2024
$423,000 Feb 27, 2024
$71/mo
House
3 Beds
1 Bath
945 ft²
$423/ft²
$400,000 Nov 15, 2023
$400,000 Feb 23, 2024
$256/mo
House
3 Beds
1 Bath
800 ft²
$406/ft²
$325,000 Apr 27, 2023
$325,000 Sep 22, 2023
$231/mo
House
3 Beds
2 Baths
1,028 ft²
$349/ft²
$359,000 Jan 13, 2024
-
$444/mo
House
3 Beds
1 Bath
900 ft²
$378/ft²
$340,000 Jan 10, 2024
-
$266/mo
House
3 Beds
1 Bath
882 ft²
$442/ft²
$389,900 Feb 2, 2024
-
$257/mo
House
3 Beds
1 Bath
713 ft²
$519/ft²
$370,000 Nov 2, 2023
-
$242/mo
House
2 Beds
1 Bath
1,110 ft²
$314/ft²
$349,000 Nov 15, 2023
-
$102/mo
House
2 Beds
1 Bath
1,118 ft²
$295/ft²
$330,000 Nov 24, 2023
-
$250/mo

About Northern Miami


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Frequently Asked Questions

When was property at 1480 Northwest 56th Street built and last sold?
The property at 1480 Northwest 56th Street was built in 1947 and last sold on Feb 28, 2024 for $310,000.
How much is this home worth?
The estimated value of the home located at 1480 Northwest 56th Street is $381,284.
What are some comparable homes to 1480 Northwest 56th Street?
Homes that are comparable to 1480 Northwest 56th Street include a house property at 4834 Northwest 15th Court, 1700 Northwest 66th Street, 6310 Northwest 21st Avenue.

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