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1600 Northeast 157th Terrace

1600 Northeast 157th Terrace, Miami, FL 33162
Property in Hillside
Sold Jul 24, 2007
$59,900
$400,000 by Washington Mutual Bank
Mortgage Due Jun 01, 2037
1600 Northeast 157th Terrace has been categorized by the local assessors in Miami, FL as a residential type of property. The building on the property was first built in 1954 and is 70 years old. However, we must point out that the home was most recently renovated and altered in 1992. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1600 Northeast 157th Terrace has 5,031 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,450 ft and across the front of the lot is 840 ft. The area measurement of the land has been determined as 12,186 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 340 sqft. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete block control joints. The exterior walls of the building are made of concrete block. 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, 1600 Northeast 157th Terrace sold most recently in May 24, 2007 for a total of $59,900. If you work out the math, that's approximately a cost of $11.56 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 1600 Northeast 157th Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $572,940. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 340
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 12,186
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 840
  • Total Building Area: 5,181
  • Gross Building Area: 5,181
  • Building Area: 5,031
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,031
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HILLSIDE
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HILLSIDE PB 45-56 LOT 16 BLK 3 LOT SIZE 84.040 X 145 OR 12187-184 0684 4 COC 25801-0983 05 2007 5

Ownership

  • Current Owner : VERA NAYLOR GEORGE
  • Current Owner 2: VERA JOY
  • Previous Owner : VERA JOY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: N. MIAMI BEACH
  • Census Tract: 000206

Zoning

  • Zoning: 0500

Geography

  • Assessors Map Reference: 84
  • District: 07
  • Parcel: 07-2217-021-0320
  • Block: 3
  • Lot: 16
  • Meridian: SEC 17 TWN 52S RNG 42E
  • Municipality: NORTH MIAMI BEACH
  • Latitude: 25.9204
  • Longitude: -80.1675

    Address

  • Full Address: 1600 Ne 157th Ter
  • Address - House Number: 1600
  • Street Direction: NE
  • Address - Street Name: 157th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: North Miami Beach
  • Carrier Code: C021
  • 4-Digit Zip Code: 5633
  • Zip Code: 33162

Valuation

    Tax

  • Total Area: 4,535
  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 700

    Appraisal Valuation

  • Standard Deviation: 0.1354
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 1,191,745
  • High Value: 1,353,208
  • Low Value: 1,030,283

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: WASHINGTON MUTUAL BANK
  • First Open Lien Mortgage Recording Date: Jul 24, 2007
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2037

    Market Valuation

  • Market Total Value: $906,596
  • Market Land Value: $438,650
  • Market Improvement Value: $467,946

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $572,940

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 24, 2007
  • Current Sale Recording Date: Jul 24, 2007
  • Current Sale Transaction ID: 1151815841
  • Current Sale Price: $59,900
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2007R0728843

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON MUTUAL BANK
  • First Mortgage Transaction Date: Jul 24, 2007
  • First Mortgage Loan Amount: $400,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Jun 01, 2037

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 1600 Northeast 157th Terrace located in?
The 1600 Northeast 157th Terrace is a located in the neighborhood of Hillside in North Miami Beach, Miami.
What is the average sales price for listings in 1600 Northeast 157th Terrace?
The average sales price for units in 1600 Northeast 157th Terrace is $0 currently.

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