3240 Northwest 51st Terrace

3240 Northwest 51st Terrace 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 2023 and is 1 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3240 Northwest 51st Terrace has 1,438 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 1,100 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,500 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. 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. The exterior walls of the building are made of concrete block. The property was last sold in Oct 25, 2023 for $485,000. That's $321.62 per sqft. Prior to that sales transaction, the property was also sold in Jun 21, 2023 for $450,000. 3240 Northwest 51st Terrace was last assessed in 2023. The total value of the property was assessed at $131,928. Specifically, the land the property is located on was valued at $131,928. 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 $2,816. The initial tax year of delinquency was in 2017. 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. 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.