2385 Southwest 17th Street

2385 Southwest 17th Street has been categorized by the local assessors in Miami, FL as a residential type of property. The building on the property was first built in 1930 and is 94 years old. However, we must point out that the home was most recently renovated and altered in 1964. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2385 Southwest 17th Street has 1,496 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,120 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,600 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The exterior walls of the building are made of asbestos shingle. The property was last sold in May 12, 2023 for $910,000. That's $503.32 per sqft. Prior to that sales transaction, the property was also sold in May 4, 2020 for $555,000. 2385 Southwest 17th Street was last assessed in 2023. The total value of the property was assessed at $317,054. 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 $7,030. 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.