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2360 Southwest 16th Terrace

2360 Southwest 16th Terrace, Miami, FL 33145
House in Coral Way
Sold Jun 27, 2019
$465,000
$441,750 by Quicken Loans Inc
Mortgage Due Jul 01, 2049
Local assessors in Miami, FL have categorized 2360 Southwest 16th Terrace as a residential type of property. The home was built in 1925 and is 99 years old. It was most recently renovated and altered in 1982. The property's lot size has been calculated to be 5,450 square feet. The linear feet between the front and back of the lot was measured at 1,090 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, 4 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 2360 Southwest 16th Terrace has a total of 2,798 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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 300 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. Lots of a combination of material were used in the construction of the exterior walls of the home. The property was last sold in Jun 6, 2019 for $465,000. That's $152.56 per sqft. 2360 Southwest 16th Terrace was last assessed in 2023. The total value of the property was assessed at $372,710. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,181. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Driveway

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

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1982
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 300
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,450
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,048
  • Gross Building Area: 3,048
  • Building Area: 2,798
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,798
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VEDADO
  • Land Acres: 0.125
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VEDADO PB 10-19 LOT 8 BLK 3 LOT SIZE 50.000 X 109

Ownership

  • Current Owner : GARCIA ANGEL LUIS
  • Previous Owner : DIAZ CARLOS BASILIO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 006501

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 246
  • District: 01
  • Parcel: 01-4110-027-0450
  • Block: 3
  • Lot: 8
  • Meridian: SEC 10 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.757
  • Longitude: -80.2337

    Address

  • Full Address: 2360 Sw 16th Ter
  • Address - House Number: 2360
  • Street Direction: SW
  • Address - Street Name: 16th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C021
  • 4-Digit Zip Code: 2014
  • Zip Code: 33145

Valuation

    Tax

  • Total Area: 2,788
  • Tax Year: 2023
  • Tax Amount: $7,181
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1795
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 841,917
  • High Value: 993,115
  • Low Value: 690,718

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $441,750
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Jun 27, 2019
  • First Open Lien Mortgage Loan Amount: $441,750
  • 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: Jul 01, 2049

    Market Valuation

  • Market Total Value: $532,258
  • Market Land Value: $354,184
  • Market Improvement Value: $178,074

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $372,710

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 06, 2019
  • Current Sale Recording Date: Jun 27, 2019
  • Current Sale Transaction ID: 11622248338
  • Current Sale Price: $465,000
  • Current Sale Document Type: Personal Representatives Deed
  • Current Sale Input Document Number: 2019R0402029

About Coral Way



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$9,500 /mo

  • 3 Beds
  • 3 Baths
  • 1,951 ft²
Listing by Barbara Elmir
Unit for rent at

$8,995 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,190 ft²
Listing by Nicholas Ekonomou

Frequently Asked Questions

What neighborhood is 2360 Southwest 16th Terrace located in?
The 2360 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 2360 Southwest 16th Terrace?
The average sales price for units in 2360 Southwest 16th Terrace is $0 currently.

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