225 Northeast 171st Terrace

225 Northeast 171st Terrace in Miami, FL was first built in 1947 and is 77 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. It is a single story home. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 225 Northeast 171st Terrace has 2,385 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 1,750 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 17,500 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable or hip style roof made of tile. 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 a material which is produced from two or more constituent materials. Walk inside and you'll find flooring throughout the home. 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, 225 Northeast 171st Terrace sold most recently in Mar 12, 2019 for a total of $355,000. If you work out the math, that's approximately a cost of $147.92 per sqft. Before that, the property was also sold for $80,000 in Dec 20, 2010. 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 $11,178 in taxes each year. The initial year of tax delinquency occurred in 2022. 225 Northeast 171st Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $422,015. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.