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2011 Southwest 16th Terrace

2011 Southwest 16th Terrace, Miami, FL 33145
House in Coral Way
Sold Jan 29, 2019
$476,000
$150,000 by Pnc Bank Na
Mortgage Due Oct 19, 2061
Sold May 17, 2017
$285,500
Local assessors in Miami, FL have categorized 2011 Southwest 16th Terrace as a residential type of property. The home was built in 1939 and is 85 years old. It was most recently renovated and altered in 2008. The property's lot size has been calculated to be 5,350 square feet. The linear feet between the front and back of the lot was measured at 1,070 ft and the front of the lot was measured at 500 ft. 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, 3 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 3 full bathrooms. There are also 3 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 2011 Southwest 16th Terrace has a total of 1,940 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. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. 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. 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, 2011 Southwest 16th Terrace was last sold in Jan 4, 2019 for $476,000. According to our calculations, that's $216.76 per sqft. Prior to that sales transaction, the property was sold for $285,500 in May 10, 2017. Current property owners are expected to pay $7,006 in taxes per year. The property on 2011 Southwest 16th Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $364,202. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1939
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,350
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,196
  • Gross Building Area: 2,196
  • Building Area: 1,940
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,940
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SAINTS PETER & PAUL
  • Land Acres: 0.123
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SAINTS PETER & PAUL PB 27-69 LOT 9 BLK 1 LOT SIZE 50.000 X 107 OR 16693-2215 1194 4

Ownership

  • Current Owner : MENESES MICHAEL A
  • Current Owner 2: ALOU DEYA MARIA DE LAS MERCEDES
  • Previous Owner : 2011 PROP LLC
  • Owner Before Previous Owner: PJG PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 006503

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 246
  • District: 01
  • Subdivision Tract Number: 1
  • Parcel: 01-4110-045-0090
  • Block: 1
  • Lot: 9
  • Meridian: SEC 10 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7577
  • Longitude: -80.2277

    Address

  • Full Address: 2011 Sw 16th Ter
  • Address - House Number: 2011
  • Street Direction: SW
  • Address - Street Name: 16th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C025
  • 4-Digit Zip Code: 2109
  • Zip Code: 33145

Valuation

    Tax

  • Total Area: 1,847
  • Tax Year: 2023
  • Tax Amount: $7,006
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1795
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 835,215
  • High Value: 985,209
  • Low Value: 685,220

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $150,000
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: Nov 01, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $150,000
  • First Open Lien Mortgage Term: 478
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Oct 19, 2061

    Market Valuation

  • Market Total Value: $517,033
  • Market Land Value: $347,708
  • Market Improvement Value: $169,325

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $364,202

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 04, 2019
  • Current Sale Recording Date: Jan 29, 2019
  • Current Sale Transaction ID: 11564373974
  • Current Sale Price: $476,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019R0055785
  • Previous Sale Recording Date: May 17, 2017
  • Previous Sale Contract Date: May 10, 2017
  • Previous Sale Amount: $285,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HAMILTON GROUP FUNDING INC
  • First Mortgage Transaction Date: Jan 29, 2019
  • First Mortgage Loan Amount: $432,127
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2049

About Coral Way



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Nearby Rentals

Unit for rent at

$5,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,200 ft²
Listing by Loreley Fajer Cano
Unit for rent at

$5,750 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,500 ft²
Listing by Laura Anderson
Unit for rent at

$5,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,573 ft²
Listing by Victoria Lettieri
Unit for rent at

$6,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,940 ft²
Listing by Daniela Zohlman
Unit for rent at

$5,550 /mo

  • 3 Beds
  • 2 Baths
  • 1,528 ft²
Listing by Mirna Sanchez
Unit for rent at

$6,000 /mo

  • Studio
Listing by Marleny Zapata

Frequently Asked Questions

What neighborhood is 2011 Southwest 16th Terrace located in?
The 2011 Southwest 16th Terrace is a house located in the neighborhood of Coral Way in Coral Way, Miami.
What is the average sales price for listings in 2011 Southwest 16th Terrace?
The average sales price for units in 2011 Southwest 16th Terrace is $0 currently.

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