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251 Northwest 40th Avenue

251 Northwest 40th Avenue, Miami, FL 33126
Sold Mar 02, 2021
$460,000
$351,037 by Prosperity Home Mortgage Llc
Mortgage Due Mar 01, 2051
Sold Sep 30, 2019
$263,000
Local assessors in Miami, FL have categorized 251 Northwest 40th Avenue as a residential type of property. The home was built in 1946 and is 78 years old. It was most recently renovated and altered in 1991. The property's lot size has been calculated to be 7,210 square feet. The linear feet between the front and back of the lot was measured at 1,030 ft and the front of the lot was measured at 700 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 251 Northwest 40th Avenue has a total of 1,451 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 garage for those who need a place to park their vehicle. The garage on the property is 95 sqft. 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 concrete block were used in the construction of the exterior walls of 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, 251 Northwest 40th Avenue sold most recently in Feb 19, 2021 for a total of $460,000. If you work out the math, that's approximately a cost of $251.50 per sqft. Before that, the property was also sold for $263,000 in Sep 19, 2019. 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 $7,416 in taxes each year. 251 Northwest 40th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $384,146. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can 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: 1946
  • Effective Year Built: 1991
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 95
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,210
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,829
  • Gross Building Area: 1,829
  • Building Area: 1,451
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,451
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHURCHILL ESTS
  • Land Acres: 0.166
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CHURCHILL ESTS PB 44-64 LOT 8 BLK 2 LOT SIZE 70.000 X 103 OR 11700-669 0283 1 COC 23913-1889 09 2005 5

Ownership

  • Current Owner : VALDES ROLANDO
  • Current Owner 2: LLERENA YANELIS
  • Previous Owner : ASF HOMES LLC
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • 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: 004904

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 241
  • District: 01
  • Parcel: 01-4105-011-0200
  • Block: 2
  • Lot: 8
  • Meridian: SEC 05 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7747
  • Longitude: -80.2611

    Address

  • Full Address: 251 Nw 40th Ave
  • Address - House Number: 251
  • Street Direction: NW
  • Address - Street Name: 40th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami
  • Carrier Code: C003
  • 4-Digit Zip Code: 5739
  • Zip Code: 33126

Valuation

    Tax

  • Total Area: 1,508
  • Tax Year: 2023
  • Tax Amount: $7,416
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 727,910
  • High Value: 854,231
  • Low Value: 601,589

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $351,037
  • First Open Lien Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 02, 2021
  • First Open Lien Mortgage Loan Amount: $351,037
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $495,790
  • Market Land Value: $331,524
  • Market Improvement Value: $164,266

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $384,146

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 19, 2021
  • Current Sale Recording Date: Mar 02, 2021
  • Current Sale Transaction ID: 11824242555
  • Current Sale Price: $460,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0152529
  • Previous Sale Recording Date: Sep 30, 2019
  • Previous Sale Contract Date: Sep 19, 2019
  • Previous Sale Amount: $263,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROSPERITY HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Mar 02, 2021
  • First Mortgage Loan Amount: $351,037
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2051

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Nearby Rentals

Unit for rent at

$3,357 /mo

  • 1 Bed
  • 1.5 Baths
  • 777 ft²
Listing by Denise Castro
Unit for rent at

$2,950 /mo

  • 1 Bed
  • 1 Bath
  • 753 ft²
Listing by Lorraine Silva
Unit for rent at

$3,111 /mo

  • Studio
Listing by Lisa Rosen
Unit for rent at

$3,000 /mo

  • 2 Beds
  • 2 Baths
  • 955 ft²
Listing by Fernando Grullon
Unit for rent at

$3,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,027 ft²
Listing by Lyssette Balladares
Unit for rent at

$3,400 /mo

  • Studio
Listing by Joeny Castellanos

Frequently Asked Questions

What neighborhood is 251 Northwest 40th Avenue located in?
The 251 Northwest 40th Avenue is a house located in the neighborhood of Churchill Estates in Western Miami, Miami.
What is the average sales price for listings in 251 Northwest 40th Avenue?
The average sales price for units in 251 Northwest 40th Avenue is $0 currently.

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