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1540 Palancia Avenue

1540 Palancia Avenue, Miami, FL 33146
Sold Jul 29, 2019
$779,000
$623,200 by Amerant Bank Na
Mortgage Due Aug 01, 2049
Sold Aug 25, 2011
$340,000
$272,000 by Bank Of America Na
Mortgage Due Sep 01, 2041
1540 Palancia Avenue in Miami, FL was first built in 1952 and is 72 years old. Although, the building on the property was most recently renovated and altered in 1987. 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, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1540 Palancia Avenue has 1,691 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 1,000 ft and the linear feet between the front and back of the lot is 2,100. In total, the area measurement of the land is 10,500 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who need parking, there is a garage. The garage is 156 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 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, 1540 Palancia Avenue was last sold in Jul 20, 2019 for $779,000. According to our calculations, that's $374.88 per sqft. Prior to that sales transaction, the property was sold for $340,000 in Aug 11, 2011. Current property owners are expected to pay $10,782 in taxes per year. The property on 1540 Palancia Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $625,983. 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. 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: 1952
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 156
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,500
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,078
  • Gross Building Area: 2,078
  • Building Area: 1,691
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,691
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORAL GABLES COUNTRY CLUB
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CORAL GABLES COUNTRY CLUB SEC PART 5 PB 23-55 LOTS 1 & 2 BLK 76 LOT SIZE IRREGULAR OR 17842-3305 1097 1

Ownership

  • Current Owner : IAFIGLIOLA CARLOS
  • Previous Owner : FERNANDEZ ALEX
  • Previous Owner 2: SUAREZ NATALY
  • Owner Before Previous Owner: SOSA EVELIO
  • Owner Before Previous Owner 2: SOSA LORENA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: CORAL GABLES
  • Census Tract: 007501

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 255
  • District: 03
  • Parcel: 03-4119-001-0720
  • Block: 76
  • Lot: 1,2
  • Meridian: SEC 19 TWN 54S RNG 41E
  • Municipality: CORAL GABLES
  • Latitude: 25.7292
  • Longitude: -80.286

    Address

  • Full Address: 1540 Palancia Ave
  • Address - House Number: 1540
  • Address - Street Name: Palancia
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami
  • Carrier Code: C075
  • 4-Digit Zip Code: 1037
  • Zip Code: 33146

Valuation

    Tax

  • Total Area: 1,872
  • Tax Year: 2023
  • Tax Amount: $10,782
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1779
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,648,755
  • High Value: 1,942,114
  • Low Value: 1,355,396

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $873,200
  • First Open Lien Mortgage Lender: AMERANT BANK NA
  • First Open Lien Mortgage Recording Date: Jul 29, 2019
  • First Open Lien Mortgage Loan Amount: $623,200
  • 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: Aug 01, 2049
  • Second Open Lien Mortgage Lender: CITIZENS BANK NA
  • Second Open Lien Mortgage Recording Date: Dec 05, 2022
  • Second Open Lien Mortgage Loan Amount: $250,000
  • Second Open Lien Mortgage Term: 298
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Nov 09, 2047

    Market Valuation

  • Market Total Value: $1,031,094
  • Market Land Value: $874,918
  • Market Improvement Value: $156,176

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $625,983

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 20, 2019
  • Current Sale Recording Date: Jul 29, 2019
  • Current Sale Transaction ID: 11636324150
  • Current Sale Price: $779,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019R0472099
  • Previous Sale Recording Date: Aug 25, 2011
  • Previous Sale Contract Date: Aug 11, 2011
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERANT BANK NA
  • First Mortgage Transaction Date: Jul 29, 2019
  • First Mortgage Loan Amount: $623,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Aug 25, 2011
  • Previous Mortgage Loan Amount: $272,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2041

About Country Club Section



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Frequently Asked Questions

What neighborhood is 1540 Palancia Avenue located in?
The 1540 Palancia Avenue is a located in the neighborhood of Country Club Section in Country Club Section, Miami.
What is the average sales price for listings in 1540 Palancia Avenue?
The average sales price for units in 1540 Palancia Avenue is $0 currently.

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