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1520 Northwest 16th Terrace

1520 Northwest 16th Terrace, Homestead, FL 33030
Property in Homestead
Sold Sep 25, 2018
$360,000
$329,670 by Tiaa Fsb Holdings Inc
Mortgage Due Oct 01, 2048
Sold Mar 25, 1996
$145,900
$105,900 by Combank Mortgage Corp
Mortgage
Local assessors in Homestead, FL have categorized 1520 Northwest 16th Terrace as a residential type of property. The home was built in 1996 and is 28 years old. The property's lot size has been calculated to be 21,782 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1520 Northwest 16th Terrace has a total of 2,085 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 322 sqft. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Lots of a combination of material were used in the construction of the exterior walls of the home. 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, 1520 Northwest 16th Terrace was last sold in Sep 10, 2018 for $360,000. According to our calculations, that's $130.72 per sqft. Prior to that sales transaction, the property was sold for $145,900 in Jan 1, 1970. Current property owners are expected to pay $7,037 in taxes per year. The property on 1520 Northwest 16th Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $209,970. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 322
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,782
  • Total Building Area: 2,754
  • Gross Building Area: 2,754
  • Building Area: 2,085
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,085
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: REDLANDS BEST 1ST ADDN
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: REDLANDS BEST 1ST ADDN PB 141-40 LOT 5 BLK 8 LOT SIZE 21782 SQ FT F/A/U 10-7811-000-0040 OR 17140-0041 0396 1

Ownership

  • Current Owner : MICHELLE YOLANDA
  • Current Owner 2: DEWBERRY CURTIS
  • Previous Owner : GARCIA MARIE
  • Owner Before Previous Owner: DADES BEST HOMES INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: HOMESTEAD
  • Census Tract: 011206

Zoning

  • Zoning: 2200

Geography

  • Assessors Map Reference: 369
  • District: 10
  • Parcel: 10-7811-017-0130
  • Block: 8
  • Lot: 5
  • Meridian: SEC 11 TWN 57S RNG 38E
  • Municipality: HOMESTEAD
  • Latitude: 25.4847
  • Longitude: -80.4992

    Address

  • Full Address: 1520 Nw 16th Ter
  • Address - House Number: 1520
  • Street Direction: NW
  • Address - Street Name: 16th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Homestead
  • Carrier Code: C052
  • 4-Digit Zip Code: 2865
  • Zip Code: 33030

Valuation

    Tax

  • Total Area: 2,500
  • Tax Year: 2023
  • Tax Amount: $7,037
  • Tax Rate Code Area: 1000

    Appraisal Valuation

  • Standard Deviation: 0.1738
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 702,685
  • High Value: 824,849
  • Low Value: 580,521

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $398,386
  • First Open Lien Mortgage Lender: TIAA FSB HOLDINGS INC
  • First Open Lien Mortgage Recording Date: Sep 25, 2018
  • First Open Lien Mortgage Loan Amount: $329,670
  • 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: Oct 01, 2048
  • Second Open Lien Mortgage Lender: DEPARTMENT OF HOUSING & URBAN
  • Second Open Lien Mortgage Recording Date: Nov 22, 2021
  • Second Open Lien Mortgage Loan Amount: $68,716
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Market Valuation

  • Market Total Value: $486,070
  • Market Land Value: $217,820
  • Market Improvement Value: $268,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $209,970

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 10, 2018
  • Current Sale Recording Date: Sep 25, 2018
  • Current Sale Transaction ID: 11510936138
  • Current Sale Price: $360,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018R0584236
  • Previous Sale Recording Date: Mar 25, 1996
  • Previous Sale Amount: $145,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TIAA FSB HOLDINGS INC
  • First Mortgage Transaction Date: Sep 25, 2018
  • First Mortgage Loan Amount: $329,670
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: COMBANK MORTGAGE CORP
  • Previous Mortgage Transaction Date: Mar 25, 1996
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $105,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Homestead



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Frequently Asked Questions

What neighborhood is 1520 Northwest 16th Terrace located in?
The 1520 Northwest 16th Terrace is a located in the neighborhood of Homestead in Homestead, Homestead.
What is the average sales price for listings in 1520 Northwest 16th Terrace?
The average sales price for units in 1520 Northwest 16th Terrace is $0 currently.

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