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16251 Southwest 43rd Terrace

16251 Southwest 43rd Terrace, Miami, FL 33185
Property in Park Lakes
Sold Nov 24, 2004
$360,000
$288,000 by First Magnus Financial Corp
Mortgage Due Dec 01, 2034
Sold Oct 16, 2002
$250,000
Buyer
Seller
16251 Southwest 43rd 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 2002 and is 22 years old. The home has a total of 5 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 16251 Southwest 43rd Terrace has 2,916 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a cluster style.

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 garage for those who require parking. The garage measured 280 sqft. Residents will have the luxury of enjoying a unknown. The building has a rigid frame bar style roof made of materials that we aren't sure of. The exterior walls of the building are made of concrete block. The property was last sold in Nov 19, 2004 for $360,000. That's $96.15 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $250,000. 16251 Southwest 43rd Terrace was last assessed in 2023. The total value of the property was assessed at $493,095. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $9,675. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Style: Cluster
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Rigid frame bar
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 280
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,500
  • Total Building Area: 3,744
  • Gross Building Area: 3,744
  • Building Area: 2,916
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,916
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK LAKES
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARK LAKES SEC 4 PB 158-100 T-20137 LOT 3 BLK 62 LOT SIZE 5500 SQFT FAU 30 4920 001 0110 0120 & 0210 OR 20727-0687 09/2002 1 COC 22852-1752 11 2004 1

Ownership

  • Current Owner : GARCIA CRISTINA
  • Previous Owner : RUBIO SANTA
  • Owner Before Previous Owner: EDEN LAKES LC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: UNINCORPORATED
  • Census Tract: 016401

Zoning

  • Zoning: 3700

Geography

  • Assessors Map Reference: 197
  • District: 30
  • Parcel: 30-4920-026-0760
  • Block: 62
  • Lot: 3
  • Meridian: SEC 20 TWN 54S RNG 39E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 25.7256
  • Longitude: -80.4568

    Address

  • Full Address: 16251 Sw 43rd Ter
  • Address - House Number: 16251
  • Street Direction: SW
  • Address - Street Name: 43rd
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: R061
  • 4-Digit Zip Code: 5322
  • Zip Code: 33185

Valuation

    Tax

  • Total Area: 3,070
  • Tax Year: 2023
  • Tax Amount: $9,675
  • Tax Rate Code Area: 3000

    Appraisal Valuation

  • Standard Deviation: 0.1739
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 882,852
  • High Value: 1,036,381
  • Low Value: 729,323

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $288,000
  • First Open Lien Mortgage Lender: FIRST MAGNUS FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Nov 24, 2004
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $288,000
  • 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: Dec 01, 2034

    Market Valuation

  • Market Total Value: $594,614
  • Market Land Value: $179,550
  • Market Improvement Value: $415,064

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $493,095

    Sales

  • Current Sale Contract Date: Nov 19, 2004
  • Current Sale Recording Date: Nov 24, 2004
  • Current Sale Transaction ID: 11460071454
  • Current Sale Price: $360,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2004R1050244
  • Previous Sale Recording Date: Oct 16, 2002
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MAGNUS FINANCIAL CORP
  • First Mortgage Transaction Date: Nov 24, 2004
  • First Mortgage Loan Amount: $288,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Dec 01, 2034

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Park Lakes



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Frequently Asked Questions

What neighborhood is 16251 Southwest 43rd Terrace located in?
The 16251 Southwest 43rd Terrace is a located in the neighborhood of Park Lakes in Park Lakes, Miami.
What is the average sales price for listings in 16251 Southwest 43rd Terrace?
The average sales price for units in 16251 Southwest 43rd Terrace is $0 currently.

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