15603 Southwest 62nd Terrace
15603 Southwest 62nd Terrace, Miami, FL 33193
Property
in
Westwind Lakes
Sold Jan 17, 2024
$170,000
Buyer
Seller
$392,755
by Fairway Independent Mortgage C
Mortgage Due Apr 01, 2051
Sold Apr 07, 2021
$403,000
Seller
$392,755
by Fairway Independent Mortgage C
Mortgage Due Apr 01, 2051
15603 Southwest 62nd Terrace in Miami, FL was first built in 1989 and is 35 years old.
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.
15603 Southwest 62nd Terrace has 1,605 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 4,507 square feet.
Learn more about the property and building on this page. There is a unknown. 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. 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, 15603 Southwest 62nd Terrace sold most recently in Jan 15, 2024 for a total of $170,000. If you work out the math, that's approximately a cost of $99.01 per sqft. Before that, the property was also sold for $403,000 in Mar 29, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $6,448 in taxes each year. 15603 Southwest 62nd Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $374,579. If we break it down further, the land itself was valued at $161,633. Improvements to the property, however, were assessed at a total of $212,946. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.
Learn more about the property and building on this page. There is a unknown. 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. 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, 15603 Southwest 62nd Terrace sold most recently in Jan 15, 2024 for a total of $170,000. If you work out the math, that's approximately a cost of $99.01 per sqft. Before that, the property was also sold for $403,000 in Mar 29, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $6,448 in taxes each year. 15603 Southwest 62nd Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $374,579. If we break it down further, the land itself was valued at $161,633. Improvements to the property, however, were assessed at a total of $212,946. The property's total market value has been marked the same as the total assessed value which is pretty typical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.
This property description is generated based on publicly available data.
Building Info
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