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2300 Southwest 2nd Terrace

2300 Southwest 2nd Terrace, Miami, FL 33135
House in Kenilworth
Sold Jan 20, 2022
$95,300
$347,600 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2049
Sold Jul 25, 2019
$395,000
$347,600 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2049
Local assessors in Miami, FL have categorized 2300 Southwest 2nd Terrace as a residential type of property. The home was built in 1958 and is 66 years old. It was most recently renovated and altered in 1999. The property's lot size has been calculated to be 5,500 square feet. The linear feet between the front and back of the lot was measured at 1,100 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 2 full bathrooms. There are also 2 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 2300 Southwest 2nd Terrace has a total of 1,356 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 both a unknown and a unknown so you'll have great options in both the front and 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. Lots of a combination of material 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, 2300 Southwest 2nd Terrace was last sold in Oct 12, 2021 for $95,300. According to our calculations, that's $41.29 per sqft. Prior to that sales transaction, the property was sold for $395,000 in Jul 22, 2019. Current property owners are expected to pay $5,482 in taxes per year. The property on 2300 Southwest 2nd Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $290,039. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Block Exterior

Parking

Carport
Covered Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,500
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,308
  • Gross Building Area: 2,308
  • Building Area: 1,356
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,356
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KENILWORTH
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 3 54 41 KENILWORTH PB 5-115 LOT 102 LOT SIZE 50.000 X 110 OR 17050-0667 1295 1

Ownership

  • Current Owner : CESPEDES KIARA
  • Previous Owner : KIARA CESPEDES
  • Owner Before Previous Owner: SIBAJA CARLOS E
  • Owner Before Previous Owner 2: SIBAJA SONIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 005407

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 239
  • District: 01
  • Parcel: 01-4103-036-0910
  • Lot: 102
  • Meridian: SEC 03 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7698
  • Longitude: -80.2331

    Address

  • Full Address: 2300 Sw 2nd Ter
  • Address - House Number: 2300
  • Street Direction: SW
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C019
  • 4-Digit Zip Code: 1509
  • Zip Code: 33135

Valuation

    Tax

  • Total Area: 1,707
  • Tax Year: 2023
  • Tax Amount: $5,482
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 690,280
  • High Value: 811,690
  • Low Value: 568,871

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $347,600
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 25, 2019
  • First Open Lien Mortgage Loan Amount: $347,600
  • 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: Aug 01, 2049

    Market Valuation

  • Market Total Value: $459,473
  • Market Land Value: $258,379
  • Market Improvement Value: $201,094

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $290,039

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 12, 2021
  • Current Sale Recording Date: Jan 20, 2022
  • Current Sale Transaction ID: 11879271703
  • Current Sale Price: $95,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 59586
  • Previous Sale Recording Date: Jul 25, 2019
  • Previous Sale Contract Date: Jul 22, 2019
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 25, 2019
  • Previous Mortgage Loan Amount: $347,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2049

About Western Miami



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Frequently Asked Questions

What neighborhood is 2300 Southwest 2nd Terrace located in?
The 2300 Southwest 2nd Terrace is a house located in the neighborhood of Kenilworth in Western Miami, Miami.
What is the average sales price for listings in 2300 Southwest 2nd Terrace?
The average sales price for units in 2300 Southwest 2nd Terrace is $0 currently.

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