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1875 Northwest 7th Street

1875 Northwest 7th Street, Miami, FL 33125
Commercial in Edenholme Gardens
Sold Jun 12, 2019
$1,240,000
$890,000 by Interamerican Bank Fsb
Mortgage
Sold Mar 08, 1996
$120,000
$254,000 by Ready State Bank
Mortgage
1875 Northwest 7th Street in Miami, FL was first built in 1996 and is 28 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 14 are bedrooms. In terms of bathrooms, there are a total of 8 full bathrooms. There are 8 partial bathrooms. 1875 Northwest 7th Street has 5,928 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,062 square feet.

Learn more about the property and building on this page. There is a unknown. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The exterior walls of the home are made of concrete block. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. 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, 1875 Northwest 7th Street sold most recently in May 29, 2019 for a total of $1,240,000. If you work out the math, that's approximately a cost of $209.18 per sqft. Before that, the property was also sold for $120,000 in Jan 1, 1970. 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 $21,037 in taxes each year. The initial year of tax delinquency occurred in 2012. 1875 Northwest 7th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $917,227. 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.

Building Features

Exterior

Block Exterior

Parking

Assigned Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 14
  • Bathroom Count: 8
  • Full Bathrooms: 8
  • Partial Bathrooms: 8
  • Construction Type: Concrete block
  • Building Style: Multifamily
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 8
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,062
  • Total Building Area: 5,928
  • Gross Building Area: 5,928
  • Building Area: 5,928
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 5,928
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EDENHOLME GARDENS SUB
  • Land Acres: 0.162
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: EDENHOLME GARDENS SUB PB 10-24 LOT 1 LESS S10FT & LESS BEG NE COR OF LOT 1 TH W5FT SLY65.74FT SLY-SWLY & WLY AD 38.52FT ELY24.70FT NELY-NLY15.35FT NLY75.74FT TO POB BLK 1 LOT SIZE 7062 SQ FT OR 17122-3174 0296 2

Ownership

  • Current Owner : NORD OUEST HOLDING LLC
  • Previous Owner : BIGGINS HOLDINGS LLC
  • Owner Before Previous Owner: MARTA BARNETT TR
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 005102

Zoning

  • Zoning: 6100

Geography

  • Assessors Map Reference: 161
  • District: 01
  • Parcel: 01-3134-050-0010
  • Block: 1
  • Lot: 1
  • Meridian: SEC 34 TWN 53S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7801
  • Longitude: -80.2261

    Address

  • Full Address: 1875 Nw 7th St
  • Address - House Number: 1875
  • Street Direction: NW
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C076
  • 4-Digit Zip Code: 3556
  • Zip Code: 33125

Valuation

    Tax

  • Total Area: 5,193
  • Tax Year: 2023
  • Tax Amount: $21,037
  • Intital Tax Deliquent Year: 2012
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.4368
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 12
  • Final Value: 1,547,654
  • High Value: 2,223,705
  • Low Value: 871,602

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $890,000
  • First Open Lien Mortgage Lender: INTERAMERICAN BANK FSB
  • First Open Lien Mortgage Recording Date: Jun 12, 2019
  • First Open Lien Mortgage Loan Amount: $890,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Market Valuation

  • Market Total Value: $1,242,911
  • Market Land Value: $706,200
  • Market Improvement Value: $536,711

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $917,227

    Sales

  • Current Sale Contract Date: May 29, 2019
  • Current Sale Recording Date: Jun 12, 2019
  • Current Sale Transaction ID: 11617677991
  • Current Sale Price: $1,240,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019R0364258
  • Previous Sale Recording Date: Mar 08, 1996
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INTERAMERICAN BANK FSB
  • First Mortgage Transaction Date: Jun 12, 2019
  • First Mortgage Loan Amount: $890,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Future Advance Clause / Open End Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: READY STATE BANK
  • Previous Mortgage Transaction Date: Mar 08, 1996
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $254,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

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Frequently Asked Questions

What neighborhood is 1875 Northwest 7th Street located in?
The 1875 Northwest 7th Street is a commercial located in the neighborhood of Edenholme Gardens in Western Miami, Miami.
What is the average sales price for listings in 1875 Northwest 7th Street?
The average sales price for units in 1875 Northwest 7th Street is $0 currently.

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