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2975 Southwest 23rd Terrace

2975 Southwest 23rd Terrace, Miami, FL 33145
1 Units For Sale
Unit for sale at 2975 SW 23rd Ter, Miami, FL 33145

$1,349,000

  • 4 Beds
  • 3 Baths
  • 2,700 ft²
2975 SW 23rd Ter #2975, Miami, FL 33145 Listing by Joseph Azar

2975 Southwest 23rd Terrace has been categorized by the local assessors in Miami, FL as a vacant type of property. The building on the property was first built in 1950 and is 74 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2975 Southwest 23rd Terrace has 780 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 1,330 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 3,325 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. 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 concrete block control joints. 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, 2975 Southwest 23rd Terrace sold most recently in Nov 9, 2020 for a total of $330,000. If you work out the math, that's approximately a cost of $423.08 per sqft. Before that, the property was also sold for $215,000 in Nov 25, 2014. 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 $7,285 in taxes each year. 2975 Southwest 23rd Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $329,695. 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. 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!

Building Features

Condition

New Construction

Exterior

Block Exterior

Accessibility

ADA Access

Pet Policy

Dogs Allowed / Cats Allowed
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200709
07/09/2020
Studio
-
-
$350,000
bedrooms
Studio
bathrooms
-
-
-
-
Matilde Aguirre
RE/MAX United Realty

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 2
  • Full Bathrooms: 1
  • Construction Type: Concrete block
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,325
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 500
  • Total Building Area: 780
  • Gross Building Area: 1,068
  • Building Area: 780
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 780
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Subdivision: MIAMI SUB ACRES
  • Land Acres: 0.076
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: AMD PLAT OF MIAMI SUB ACRES PB 4-73 W1/2 OF LOT 19 LESS S10FT ST BLK 11 PER COVENANT IN LIEU OF UNITY OF TITLE OR# 34065-1386 LOT SIZE 3325 SQFT M/L OR 15540-3055 0592 5

Ownership

  • Current Owner : JC & JC 2975 LLC
  • Previous Owner : FINANMAX LLC
  • Owner Before Previous Owner: MONTYLE B MCKINNEY TRS
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 007003

Zoning

  • Zoning: 5700

Geography

  • Assessors Map Reference: 252
  • District: 01
  • Parcel: 01-4116-009-5200
  • Block: 11
  • Lot: 19
  • Meridian: SEC 16 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7476
  • Longitude: -80.242

    Address

  • Full Address: 2975 Sw 23rd Ter
  • Address - House Number: 2975
  • Street Direction: SW
  • Address - Street Name: 23rd
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C033
  • 4-Digit Zip Code: 3319
  • Zip Code: 33145

Valuation

    Tax

  • Total Area: 904
  • Tax Year: 2023
  • Tax Amount: $7,285
  • Tax Rate Code Area: 100

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $780,000
  • First Open Lien Mortgage Lender: OCEAN BANK
  • First Open Lien Mortgage Recording Date: Jul 28, 2022
  • First Open Lien Mortgage Loan Amount: $780,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $405,403
  • Market Land Value: $405,403

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $329,695

    Sales

  • Current Sale Contract Date: Nov 09, 2020
  • Current Sale Recording Date: Nov 23, 2020
  • Current Sale Transaction ID: 11806126949
  • Current Sale Price: $330,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R0674127
  • Previous Sale Recording Date: Nov 25, 2014
  • Previous Sale Contract Date: Nov 25, 2014
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Deed

About Coral Way



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Frequently Asked Questions

What neighborhood is 2975 Southwest 23rd Terrace located in?
The 2975 Southwest 23rd Terrace is a house located in the neighborhood of Miami Urban Acres in Coral Way, Miami.
How many listings are currently for sale in 2975 Southwest 23rd Terrace?
There is a listing currently on the market for sale.
What is the average sales price for listings in 2975 Southwest 23rd Terrace?
The average sales price for units in 2975 Southwest 23rd Terrace is $1,349,000 , or $500/sqft. currently.

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