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1968 Northwest 25th Avenue

1968 Northwest 25th Avenue, Miami, FL 33125
Townhouse in River Park
Sold Oct 04, 2022
$1,290,000
$967,500 by Planet Management Group
Mortgage Due Oct 01, 2052
Sold Apr 11, 2022
$5,000
1968 Northwest 25th Avenue in Miami, FL was first built in 2021 and is 3 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 duplex style. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 8 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 5 partial bathrooms. 1968 Northwest 25th Avenue has 4,248 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. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,260. In total, the area measurement of the land is 6,300 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 frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The exterior walls of the home 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, 1968 Northwest 25th Avenue sold most recently in Sep 29, 2022 for a total of $1,290,000. If you work out the math, that's approximately a cost of $242.12 per sqft. Before that, the property was also sold for $5,000 in Mar 23, 2022. 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 $21,874 in taxes each year. The initial year of tax delinquency occurred in 2022. 1968 Northwest 25th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,064,112. If we break it down further, the land itself was valued at $189,000. Improvements to the property, however, were assessed at a total of $875,112. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

Condition

New Construction

Exterior

Block Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Quality: D
  • Construction Type: Frame
  • Building Style: Duplex
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,300
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 500
  • Total Building Area: 5,328
  • Gross Building Area: 5,328
  • Building Area: 4,248
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,248
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVER PARK
  • Land Acres: 0.145
  • Standard Land Use Code: Duplex (2 units, any combination)
  • State Land Use Code: Miscellaneous (general)
  • Legal Description 1: RIVER PARK PB 7-128 LOT 33 LOT SIZE 50.000 X 126 OR 18313-0080 0798 5 COC 26277-3809 02 2008 3

Ownership

  • Current Owner : 1968 NW 25TH AVE LLC
  • Previous Owner : CONSTRUCCION AND INVERSION MIAMI LLC
  • Owner Before Previous Owner: VELASCO ARGOTE BRENDA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 003005

Zoning

  • Zoning: 5700

Geography

  • Assessors Map Reference: 161
  • District: 01
  • Parcel: 01-3134-034-0270
  • Lot: 33
  • Meridian: SEC 34 TWN 53S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7937
  • Longitude: -80.2382

    Address

  • Full Address: 1968 Nw 25th Ave
  • Address - House Number: 1968
  • Street Direction: NW
  • Address - Street Name: 25th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami
  • Carrier Code: C079
  • 4-Digit Zip Code: 1219
  • Zip Code: 33125

Valuation

    Tax

  • Total Area: 4,376
  • Tax Year: 2023
  • Tax Amount: $21,874
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1942
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 1,307,574
  • High Value: 1,561,527
  • Low Value: 1,053,620

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $967,500
  • First Open Lien Mortgage Lender: PLANET MANAGEMENT GROUP
  • First Open Lien Mortgage Recording Date: Oct 04, 2022
  • First Open Lien Mortgage Loan Amount: $967,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2052

    Market Valuation

  • Market Total Value: $1,064,112
  • Market Land Value: $189,000
  • Market Improvement Value: $875,112

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,064,112
  • Assessed Land Value: $189,000
  • Assessed Improvements Value: $875,112

    Sales

  • Current Sale Contract Date: Sep 29, 2022
  • Current Sale Recording Date: Oct 04, 2022
  • Current Sale Transaction ID: 11897085486
  • Current Sale Price: $1,290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 766875
  • Previous Sale Recording Date: Apr 11, 2022
  • Previous Sale Contract Date: Mar 23, 2022
  • Previous Sale Amount: $5,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLANET MANAGEMENT GROUP
  • First Mortgage Transaction Date: Oct 04, 2022
  • First Mortgage Loan Amount: $967,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2052

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Frequently Asked Questions

What neighborhood is 1968 Northwest 25th Avenue located in?
The 1968 Northwest 25th Avenue is a townhouse located in the neighborhood of River Park in Northern Miami, Miami.
What is the average sales price for listings in 1968 Northwest 25th Avenue?
The average sales price for units in 1968 Northwest 25th Avenue is $0 currently.

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