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16031 Northeast 18th Place

16031 Northeast 18th Place, Miami, FL 33162
Multifamily in Fulford Heights
Sold Sep 21, 2021
$1,250,000
$875,000 by Optimumbank
Mortgage
Sold Dec 20, 2019
$980,000
$686,000 by Bac Florida Bank
Mortgage
Local assessors in Miami, FL have categorized 16031 Northeast 18th Place 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 6,750 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 16031 Northeast 18th Place has a total of 2,838 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. The building has a roof that is made of tile. 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, 16031 Northeast 18th Place was last sold in Sep 9, 2021 for $1,250,000. According to our calculations, that's $440.45 per sqft. Prior to that sales transaction, the property was sold for $980,000 in Nov 18, 2019. Current property owners are expected to pay $11,763 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 16031 Northeast 18th Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $541,461. 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. 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. 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: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Construction Type: Concrete block
  • Building Style: Multifamily
  • Exterior Walls Type: Concrete block
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,750
  • Total Building Area: 2,838
  • Gross Building Area: 2,838
  • Building Area: 2,838
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,838
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FULFORD HEIGHTS
  • Land Acres: 0.155
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: FULFORD HEIGHTS PB 8-51 LOT 21 BLK 8 LOT SIZE 6750 SQUARE FEET OR 12689-2084 1185 1 COC 25701-4152 06 2007 1

Ownership

  • Current Owner : US LAND PARTNERS MGT LLC
  • Previous Owner : WARM REFUGE LLC
  • Owner Before Previous Owner: TROPPO LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: 3800

Geography

  • Assessors Map Reference: 83
  • District: 07
  • Parcel: 07-2216-016-1070
  • Block: 8
  • Lot: 21
  • Meridian: SEC 16 TWN 52S RNG 42E
  • Municipality: NORTH MIAMI BEACH
  • Latitude: 25.9236
  • Longitude: -80.162

    Address

  • Full Address: 16031 Ne 18th Pl
  • Address - House Number: 16031
  • Street Direction: NE
  • Address - Street Name: 18th
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: North Miami Beach
  • Carrier Code: C030
  • 4-Digit Zip Code: 5756
  • Zip Code: 33162

Valuation

    Tax

  • Total Area: 2,782
  • Tax Year: 2023
  • Tax Amount: $11,763
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 700

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 689,118
  • High Value: 991,134
  • Low Value: 387,101

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $875,000
  • First Open Lien Mortgage Lender: OPTIMUMBANK
  • First Open Lien Mortgage Recording Date: Sep 21, 2021
  • First Open Lien Mortgage Loan Amount: $875,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $569,779
  • Market Land Value: $202,500
  • Market Improvement Value: $367,279

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $541,461

    Sales

  • Current Sale Contract Date: Sep 09, 2021
  • Current Sale Recording Date: Sep 21, 2021
  • Current Sale Transaction ID: 11858614582
  • Current Sale Price: $1,250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0696574
  • Previous Sale Recording Date: Dec 20, 2019
  • Previous Sale Contract Date: Nov 18, 2019
  • Previous Sale Amount: $980,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OPTIMUMBANK
  • First Mortgage Transaction Date: Sep 21, 2021
  • First Mortgage Loan Amount: $875,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: BAC FLORIDA BANK
  • Previous Mortgage Transaction Date: Dec 20, 2019
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $686,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Credit Line (Revolving)

About North Miami Beach



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$7,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,175 ft²
Listing by Alberto Cybel
Unit for rent at

$7,500 /mo

  • Studio
Listing by Valeria Biancofiore

Frequently Asked Questions

What neighborhood is 16031 Northeast 18th Place located in?
The 16031 Northeast 18th Place is a multifamily located in the neighborhood of Fulford Heights in North Miami Beach, Miami.
What is the average sales price for listings in 16031 Northeast 18th Place?
The average sales price for units in 16031 Northeast 18th Place is $0 currently.

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