by RH Advisors

See Home Value
$615,000
House - Off Market

2040 SW 16th St

Miami, FL 33145
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1133 Sqft
$615,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
FL-Miami
Primary Model

About This Property

Charming probate estate gem for sale. A great opportunity for anyone looking for a place to call home that could simultaneously be income producing, in a VERY sought after neighborhood in Miami. No seller's disclosure will be forthcoming. The information referenced herein is deemed reliable but independent verification is highly encouraged. Property is being sold with all contents left in the interior and exterior of the property at time of closing and funding. Property is rented until October 31, 2023. Please do not disturb the tenants. All offers are subject to probate court approval. This property will not last!!
Unit Size
1,133Ft²
Days on Market
74 days
Land Size
0.13 acres
Price per sqft
$543
Property Type
House
Property Taxes
$354
HOA Dues
-
Year Built
1940
Last updated: 5 months ago (Miami MLS #A11445976)

Price History

Date / Event Date Event Price
Dec 6, 2023 Sold to Alejandro Caula, Rebeca Val... $615,000
Sold to Alejandro Caula, Rebeca Val...
Sep 28, 2023 In contract -
In contract
Sep 15, 2023 Listed by Florida Realty of Miami Corp $615,000
Listed by Florida Realty of Miami Corp

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 150
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,610
  • Lot Size Depth Feet: 1,020
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,340
  • Gross Building Area: 1,340
  • Building Area: 1,133
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,133
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SAINTS PETER & PAUL
  • Land Acres: 0.129
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SAINTS PETER & PAUL PB 27-69 LOT 1 BLK 1 LOT SIZE 55.000 X 102 OR 17455-1958 1296 1

Ownership

  • Current Owner : CAULA ALEJANDRO
  • Current Owner 2: MORGADO REBECA VALDES
  • Previous Owner : HADDY JOHN A
  • Previous Owner 2: PENA WILSON G
  • Owner Before Previous Owner: GUERRA PEDRO F
  • Owner Before Previous Owner 2: GUERRA MARGARITA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

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
  • Parcel: 01-4110-045-0010
  • Block: 1
  • Lot: 1
  • Meridian: SEC 10 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7579
  • Longitude: -80.2282

    Address

  • Full Address: 2040 Sw 16th St
  • Address - House Number: 2040
  • Street Direction: SW
  • Address - Street Name: 16th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C041
  • 4-Digit Zip Code: 2104
  • Zip Code: 33145

Valuation

    Tax

  • Total Area: 1,150
  • Tax Year: 2023
  • Tax Amount: $4,332
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 675,288
  • High Value: 790,132
  • Low Value: 560,443

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $492,000
  • First Open Lien Mortgage Lender: DG PINNACLE FUNDING LLC
  • First Open Lien Mortgage Recording Date: Dec 06, 2023
  • First Open Lien Mortgage Loan Amount: $492,000
  • 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: Dec 01, 2053

    Market Valuation

  • Market Total Value: $455,871
  • Market Land Value: $364,647
  • Market Improvement Value: $91,224

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $140,649

    Sales

  • Current Sale Contract Date: Nov 28, 2023
  • Current Sale Recording Date: Dec 06, 2023
  • Current Sale Transaction ID: 11918076698
  • Current Sale Price: $615,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 869194
  • Previous Sale Recording Date: Dec 10, 1996
  • Previous Sale Amount: $131,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DG PINNACLE FUNDING LLC
  • First Mortgage Transaction Date: Dec 06, 2023
  • First Mortgage Loan Amount: $492,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: CERTIFIED MORTGAGE BANKERS INC
  • Previous Mortgage Transaction Date: Dec 10, 1996
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $124,450
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
1,127 ft²
$461/ft²
$520,000 Aug 30, 2023
$520,000 Sep 29, 2023
$553/mo
House
2 Beds
1 Bath
918 ft²
$697/ft²
$640,000 Sep 28, 2023
$640,000 Nov 8, 2023
$347/mo
House
3 Beds
2 Baths
1,290 ft²
$450/ft²
$580,000 Oct 18, 2023
$580,000 Nov 20, 2023
$640/mo
House
3 Beds
2 Baths
1,228 ft²
$566/ft²
$695,000 Aug 13, 2023
$695,000 Sep 18, 2023
$178/mo
House
3 Beds
2 Baths
918 ft²
$757/ft²
$695,000 Apr 3, 2023
$695,000 Sep 21, 2023
$497/mo
House
1 Bed
2 Baths
834 ft²
$615/ft²
$513,000 Sep 17, 2023
$513,000 Oct 13, 2023
$466/mo
House
2 Beds
2 Baths
1,100 ft²
$536/ft²
$590,000 Nov 7, 2023
-
$59/mo
House
3 Beds
2 Baths
1,248 ft²
$441/ft²
$550,000 Oct 30, 2023
-
$359/mo
House
3 Beds
2 Baths
1,401 ft²
$443/ft²
$620,000 Aug 14, 2023
-
$113/mo
Condo
2 Beds
2 Baths
1,131 ft²
$469/ft²
$530,000 Oct 19, 2023
-
$1,508/mo
House
3 Beds
3 Baths
1,210 ft²
$607/ft²
$735,000 Sep 13, 2023
-
$273/mo
Condo
2 Beds
2 Baths
1,129 ft²
$456/ft²
$515,000 Nov 18, 2023
-
$1,584/mo

About Coral Way


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Frequently Asked Questions

When was property at 2040 Southwest 16th Street built and last sold?
The property at 2040 Southwest 16th Street was built in 1940 and last sold on Nov 28, 2023 for $615,000.
How much is this home worth?
The estimated value of the home located at 2040 Southwest 16th Street is $622,564.
What are some comparable homes to 2040 Southwest 16th Street?
Homes that are comparable to 2040 Southwest 16th Street include a house property at 2900 Southwest 16th Street, 1739 Southwest 4th Street, 2301 Southwest 27th Avenue.

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