1561 Jefferson Avenue

Local assessors in Miami Beach, FL have categorized 1561 Jefferson Avenue as a residential type of property. The home was built in 1957 and is 67 years old. The property's lot size has been calculated to be 7,500 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1561 Jefferson Avenue has a total of 10,334 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. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. Lots of concrete block 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, 1561 Jefferson Avenue was last sold in Apr 13, 2018 for $1,950,000. According to our calculations, that's $188.70 per sqft. Prior to that sales transaction, the property was sold for $1,100,000 in Apr 10, 2018. Current property owners are expected to pay $42,707 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 1561 Jefferson Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,260,000. To break that down further, the land itself was valued at $1,650,000. While improvements to the property were assessed at a total of $610,000. 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. 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.