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3121 Southwest 25th Terrace

3121 Southwest 25th Terrace, Miami, FL 33133
Multifamily in The Pines
Sold Nov 01, 2022
$625,000
$325,000 by City National Bank Of Florida
Mortgage Due Nov 01, 2052
Sold Jan 05, 1996
$42,408
Local assessors in Miami, FL have categorized 3121 Southwest 25th Terrace as a residential type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 7,000 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. 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, 2 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 3121 Southwest 25th Terrace has a total of 1,472 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. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - E. Lots of a combination of material were used in the construction of the exterior walls of the home. The property was last sold in Oct 27, 2022 for $625,000. That's $409.57 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $42,408. 3121 Southwest 25th Terrace was last assessed in 2023. The total value of the property was assessed at $539,251. Specifically, the land the property is located on was valued at $426,938. While improvements on the property were assessed at a total of $112,313. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $11,845. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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

Exterior

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

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: E
  • Construction Type: Concrete block
  • Building Style: Duplex
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,526
  • Gross Building Area: 1,526
  • Building Area: 1,472
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,472
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE PINES
  • Land Acres: 0.161
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: 16 54 41 THE PINES PB 5-76 LOT 24 BLK 9 LOT SIZE 50.000 X 140 OR 17052-0113 1195 5 COC 21798-0862 10 2003 4

Ownership

  • Current Owner : LOLAPAC INVESTMENTS LLC
  • Previous Owner : COMAS AURA
  • Owner Before Previous Owner: PR MARY HIGGINBOTHAM
  • Ownership Rights Codes: unknown
  • 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: 01-4116-011-1900
  • Block: 9
  • Lot: 24
  • Meridian: SEC 16 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7444
  • Longitude: -80.2437

    Address

  • Full Address: 3121 Sw 25th Ter
  • Address - House Number: 3121
  • Street Direction: SW
  • Address - Street Name: 25th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C024
  • 4-Digit Zip Code: 2129
  • Zip Code: 33133

Valuation

    Tax

  • Total Area: 1,451
  • Tax Year: 2023
  • Tax Amount: $11,845
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1834
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 791,400
  • High Value: 936,606
  • Low Value: 646,194

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $325,000
  • First Open Lien Mortgage Lender: CITY NATIONAL BANK OF FLORIDA
  • First Open Lien Mortgage Recording Date: Nov 01, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $325,000
  • 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: Nov 01, 2052

    Market Valuation

  • Market Total Value: $539,251
  • Market Land Value: $426,938
  • Market Improvement Value: $112,313

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $539,251
  • Assessed Land Value: $426,938
  • Assessed Improvements Value: $112,313

    Sales

  • Current Sale Contract Date: Oct 27, 2022
  • Current Sale Recording Date: Nov 01, 2022
  • Current Sale Transaction ID: 11898471497
  • Current Sale Price: $625,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 833396
  • Previous Sale Recording Date: Jan 05, 1996
  • Previous Sale Amount: $42,408
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITY NATIONAL BANK OF FLORIDA
  • First Mortgage Transaction Date: Nov 01, 2022
  • First Mortgage Loan Amount: $325,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Coral Way



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,600 /mo

  • Studio
Listing by Linette Plasencia
Unit for rent at

$1,600 /mo

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  • 1 Bath
  • 405 ft²
Listing by Lindsey Brown
Unit for rent at

$1,750 /mo

  • 1 Bed
  • 1 Bath
  • 2,472 ft²
Listing by Aranzazu Gil Sumalla
Unit for rent at

$1,600 /mo

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Listing by Maritza Salas

Frequently Asked Questions

What neighborhood is 3121 Southwest 25th Terrace located in?
The 3121 Southwest 25th Terrace is a multifamily located in the neighborhood of The Pines in Coral Way, Miami.
What is the average sales price for listings in 3121 Southwest 25th Terrace?
The average sales price for units in 3121 Southwest 25th Terrace is $0 currently.

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