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20340 Southwest 118th Place

20340 Southwest 118th Place, Miami, FL 33177
Sold Aug 31, 2022
$475,000
$451,250 by United Wholesale Mortgage Llc
Mortgage Due Sep 01, 2052
Sold Sep 15, 1999
$110,000
$100,000 by Chase Manhattan Mortgage Corp
Mortgage
20340 Southwest 118th Place in Miami, FL was first built in 1970 and is 54 years old. Although, the building on the property was most recently renovated and altered in 1998. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 20340 Southwest 118th Place has 2,216 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 750 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 8,250 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. 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, 20340 Southwest 118th Place sold most recently in Aug 15, 2022 for a total of $475,000. If you work out the math, that's approximately a cost of $201.27 per sqft. Before that, the property was also sold for $110,000 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 $7,223 in taxes each year. 20340 Southwest 118th Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $388,899. If we break it down further, the land itself was valued at $149,625. Improvements to the property, however, were assessed at a total of $239,274. The property's total market value has been marked the same as the total assessed value which is pretty typical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 8,250
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,360
  • Gross Building Area: 2,360
  • Building Area: 2,216
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,216
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTH MIAMI HGTS ADDN T
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SOUTH MIAMI HGTS ADDN T PB 86-54 LOT 8 BLK 41 LOT SIZE 75.000 X 110 OR 18780-4394 0999 1

Ownership

  • Current Owner : VILLAZON JOSE LUIS TARRIO
  • Current Owner 2: MONTES DE OCA
  • Previous Owner : LALL BALKARAN P
  • Previous Owner 2: LALL KOMAL P
  • Owner Before Previous Owner: ISAEL
  • Owner Before Previous Owner 2: ALBA GLORIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: UNINCORPORATED
  • Census Tract: 010213

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 337
  • District: 30
  • Parcel: 30-6912-012-0930
  • Block: 41
  • Lot: 8
  • Meridian: SEC 12 TWN 56S RNG 39E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 25.5773
  • Longitude: -80.3846

    Address

  • Full Address: 20340 Sw 118th Pl
  • Address - House Number: 20340
  • Street Direction: SW
  • Address - Street Name: 118th
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Miami
  • Carrier Code: C028
  • 4-Digit Zip Code: 5436
  • Zip Code: 33177

Valuation

    Tax

  • Total Area: 2,094
  • Tax Year: 2023
  • Tax Amount: $7,223
  • Tax Rate Code Area: 3000

    Appraisal Valuation

  • Standard Deviation: 0.1699
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 564,131
  • High Value: 660,001
  • Low Value: 468,261

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $451,250
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 31, 2022
  • First Open Lien Mortgage Loan Amount: $451,250
  • 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: Sep 01, 2052

    Market Valuation

  • Market Total Value: $388,899
  • Market Land Value: $149,625
  • Market Improvement Value: $239,274

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $388,899
  • Assessed Land Value: $149,625
  • Assessed Improvements Value: $239,274

    Sales

  • Current Sale Contract Date: Aug 15, 2022
  • Current Sale Recording Date: Aug 31, 2022
  • Current Sale Transaction ID: 11895745705
  • Current Sale Price: $475,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 684384
  • Previous Sale Recording Date: Sep 15, 1999
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 31, 2022
  • First Mortgage Loan Amount: $451,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CHASE MANHATTAN MORTGAGE CORP
  • Previous Mortgage Transaction Date: Sep 15, 1999
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 20340 Southwest 118th Place located in?
The 20340 Southwest 118th Place is a located in the neighborhood of South Miami Heights in South Miami Heights, Miami.
What is the average sales price for listings in 20340 Southwest 118th Place?
The average sales price for units in 20340 Southwest 118th Place is $0 currently.

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