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261 Northwest 73rd Terrace

261 Northwest 73rd Terrace, Miami, FL 33150
Property in Little River
Sold Jul 10, 2023
$460,000
$348,800 by Citadel Servicing Corporation
Mortgage Due Jul 01, 2053
Sold Mar 26, 2021
$294,100
$216,750 by Academy Mortgage Corp
Mortgage Due Apr 01, 2051
261 Northwest 73rd Terrace in Miami, FL was first built in 1955 and is 69 years old. Although, the building on the property was most recently renovated and altered in 1961. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 261 Northwest 73rd Terrace has 1,228 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 750 ft and the linear feet between the front and back of the lot is 100. In total, the area measurement of the land is 7,500 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. 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 combination of material. 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, 261 Northwest 73rd Terrace sold most recently in Jun 30, 2023 for a total of $460,000. If you work out the math, that's approximately a cost of $363.92 per sqft. Before that, the property was also sold for $294,100 in Mar 17, 2021. 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 $8,580 in taxes each year. 261 Northwest 73rd Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $335,558. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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

Exterior

Block Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1961
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 7,500
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,264
  • Gross Building Area: 1,264
  • Building Area: 1,228
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,228
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LE BOCAGE REV PL
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LE BOCAGE REV PL PB 35-13 E75FT OF TR C-1 OR 14689-979 0890 4 COC 24423-1473 03 2006 1

Ownership

  • Current Owner : FORNASIER SANDRO
  • Previous Owner : PERREIRA DYAN
  • Previous Owner 2: SELIM BENJAMIN
  • Owner Before Previous Owner: DAVIS GREGORY R
  • Owner Before Previous Owner 2: OSORIO ALEJANDRO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 001401

Zoning

  • Zoning: 4600

Geography

  • Assessors Map Reference: 139
  • District: 01
  • Subdivision Tract Number: C-1
  • Parcel: 01-3112-019-0110
  • Block: C
  • Meridian: SEC 12 TWN 53S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.8428
  • Longitude: -80.2021

    Address

  • Full Address: 261 Nw 73rd Ter
  • Address - House Number: 261
  • Street Direction: NW
  • Address - Street Name: 73rd
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C051
  • 4-Digit Zip Code: 3432
  • Zip Code: 33150

Valuation

    Tax

  • Total Area: 1,225
  • Tax Year: 2023
  • Tax Amount: $8,580
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1884
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 681,110
  • High Value: 809,454
  • Low Value: 552,766

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $348,800
  • First Open Lien Mortgage Lender: CITADEL SERVICING CORPORATION
  • First Open Lien Mortgage Recording Date: Jul 10, 2023
  • First Open Lien Mortgage Loan Amount: $348,800
  • 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, 2053

    Market Valuation

  • Market Total Value: $530,009
  • Market Land Value: $450,000
  • Market Improvement Value: $80,009

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $335,558

    Sales

  • Current Sale Contract Date: Jun 30, 2023
  • Current Sale Recording Date: Jul 10, 2023
  • Current Sale Transaction ID: 11909699743
  • Current Sale Price: $460,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 470674
  • Previous Sale Recording Date: Mar 26, 2021
  • Previous Sale Contract Date: Mar 17, 2021
  • Previous Sale Amount: $294,100
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITADEL SERVICING CORPORATION
  • First Mortgage Transaction Date: Jul 10, 2023
  • First Mortgage Loan Amount: $348,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: ACADEMY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Mar 26, 2021
  • Previous Mortgage Loan Amount: $216,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2051

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Frequently Asked Questions

What neighborhood is 261 Northwest 73rd Terrace located in?
The 261 Northwest 73rd Terrace is a located in the neighborhood of Little River in Northern Miami, Miami.
What is the average sales price for listings in 261 Northwest 73rd Terrace?
The average sales price for units in 261 Northwest 73rd Terrace is $0 currently.

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