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1523 Northwest 16th Avenue

1523 Northwest 16th Avenue, Miami, FL 33125
Property in Blanton Park
Sold Mar 19, 2020
$945,000
$561,000 by Joseph Alexander Corp
Mortgage
Sold Sep 16, 2015
$551,300
1523 Northwest 16th Avenue in Miami, FL was first built in 1971 and is 53 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. It is a single story home. There are a total of 0 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 1523 Northwest 16th Avenue has 4,532 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 6,900 square feet.

Learn more about the property and building on this page. The home has a bowstring truss style roof. 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 exterior walls of the home are made of concrete block. 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, 1523 Northwest 16th Avenue was last sold in Mar 6, 2020 for $945,000. According to our calculations, that's $208.52 per sqft. Prior to that sales transaction, the property was sold for $551,300 in Sep 2, 2015. Current property owners are expected to pay $15,696 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2012. The property on 1523 Northwest 16th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $721,710. To break that down further, the land itself was valued at $517,500. While improvements to the property were assessed at a total of $204,210. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Construction Type: Concrete block
  • Building Style: Multifamily
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Bowstring truss
  • Floor Count: 1
  • Living Units: 6
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,900
  • Total Building Area: 4,532
  • Gross Building Area: 4,532
  • Building Area: 4,532
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,532
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BLANTON PARK
  • Land Acres: 0.158
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: BLANTON PARK PB 9-58 LOT 42 LOT SIZE 6900 SQUARE FEET OR 19309-4843 09 2000 1

Ownership

  • Current Owner : 1523 APARTMENTS LLC
  • Previous Owner : JOSEPH ALEXANDER CORP
  • Owner Before Previous Owner: CICERO ORTHO & MED CENTER INC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 003004

Zoning

  • Zoning: 4601

Geography

  • Assessors Map Reference: 162
  • District: 01
  • Parcel: 01-3135-004-0320
  • Lot: 42
  • Meridian: SEC 35 TWN 53S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7893
  • Longitude: -80.2213

    Address

  • Full Address: 1523 Nw 16th Ave
  • Address - House Number: 1523
  • Street Direction: NW
  • Address - Street Name: 16th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami
  • Carrier Code: C066
  • 4-Digit Zip Code: 2456
  • Zip Code: 33125

Valuation

    Tax

  • Total Area: 3,775
  • Tax Year: 2023
  • Tax Amount: $15,696
  • Intital Tax Deliquent Year: 2012
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 968,794
  • High Value: 1,393,382
  • Low Value: 544,205

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $561,000
  • First Open Lien Mortgage Lender: JOSEPH ALEXANDER CORP
  • First Open Lien Mortgage Recording Date: Mar 19, 2020
  • First Open Lien Mortgage Loan Amount: $561,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $721,710
  • Market Land Value: $517,500
  • Market Improvement Value: $204,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $721,710
  • Assessed Land Value: $517,500
  • Assessed Improvements Value: $204,210

    Sales

  • Current Sale Contract Date: Mar 06, 2020
  • Current Sale Recording Date: Mar 19, 2020
  • Current Sale Transaction ID: 11753257514
  • Current Sale Price: $945,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R0180219
  • Previous Sale Recording Date: Sep 16, 2015
  • Previous Sale Contract Date: Sep 02, 2015
  • Previous Sale Amount: $551,300
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JOSEPH ALEXANDER CORP
  • First Mortgage Transaction Date: Mar 19, 2020
  • First Mortgage Loan Amount: $561,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Northern Miami



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Frequently Asked Questions

What neighborhood is 1523 Northwest 16th Avenue located in?
The 1523 Northwest 16th Avenue is a located in the neighborhood of Blanton Park in Northern Miami, Miami.
What is the average sales price for listings in 1523 Northwest 16th Avenue?
The average sales price for units in 1523 Northwest 16th Avenue is $0 currently.

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