1611 Northwest 38th Street

1611 Northwest 38th Street has been categorized by the local assessors in Miami, FL as a industrial type of property. The building on the property was first built in 2005 and is 19 years old. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1611 Northwest 38th Street has 2,880 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 1,460 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 5,840 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. 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. 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, 1611 Northwest 38th Street was last sold in Oct 6, 2023 for $843,000. According to our calculations, that's $292.71 per sqft. Prior to that sales transaction, the property was sold for $370,000 in Aug 31, 2007. Current property owners are expected to pay $5,523 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 1611 Northwest 38th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $255,978. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!