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3401 Northwest 4th Terrace

3401 Northwest 4th Terrace, Miami, FL 33125
Sold Nov 19, 2018
$299,000
$314,208 by Nationstar Mortgage Llc
Mortgage Due Apr 01, 2052
Sold Dec 15, 2005
$245,000
$196,000 by First Residential Mortgage Net
Mortgage Due Dec 01, 2035
3401 Northwest 4th Terrace in Miami, FL was first built in 1949 and is 75 years old. Although, the building on the property was most recently renovated and altered in 1995. 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, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 3401 Northwest 4th Terrace has 1,214 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 550 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 5,500 square feet.

Learn more about the property and building on this page. There is 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 quality of the control joints have been graded by the local assessor with a letter grade of D. The exterior walls of the home are made of a combination of material. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 3401 Northwest 4th Terrace was last sold in Nov 16, 2018 for $299,000. According to our calculations, that's $246.29 per sqft. Prior to that sales transaction, the property was sold for $245,000 in Nov 29, 2005. Current property owners are expected to pay $4,692 in taxes per year. The property on 3401 Northwest 4th Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $251,607. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • 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: 5,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,214
  • Gross Building Area: 1,214
  • Building Area: 1,214
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,214
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TWELFTH STREET MANORS
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TWELFTH STREET MANORS PB 5-59 LOT 11 BLK 38 LOT SIZE 55.000 X 100 OR 13367-3914 0787 1 COC 24053-4864 11 2005 1

Ownership

  • Current Owner : BARTON BRIAN EDWARD
  • Current Owner 2: ALVAREZ NAYLAN
  • Previous Owner : MENES BENJAMIN ADOLFO
  • Previous Owner 2: MENES LILIA
  • Owner Before Previous Owner: CACERES MARIA
  • Owner Before Previous Owner 2: MARTINEZ AMELIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 005505

Zoning

  • Zoning: 5700

Geography

  • Assessors Map Reference: 240
  • District: 01
  • Parcel: 01-4104-023-3750
  • Block: 38
  • Lot: 11
  • Meridian: SEC 04 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7771
  • Longitude: -80.2512

    Address

  • Full Address: 3401 Nw 4th Ter
  • Address - House Number: 3401
  • Street Direction: NW
  • Address - Street Name: 4th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C069
  • 4-Digit Zip Code: 4048
  • Zip Code: 33125

Valuation

    Tax

  • Total Area: 1,109
  • Tax Year: 2023
  • Tax Amount: $4,692
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1743
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 525,456
  • High Value: 617,068
  • Low Value: 433,843

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $314,208
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 15, 2022
  • First Open Lien Mortgage Loan Amount: $314,208
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $362,344
  • Market Land Value: $239,455
  • Market Improvement Value: $122,889

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $251,607

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 16, 2018
  • Current Sale Recording Date: Nov 19, 2018
  • Current Sale Transaction ID: 11538361994
  • Current Sale Price: $299,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018R0703741
  • Previous Sale Recording Date: Dec 15, 2005
  • Previous Sale Contract Date: Nov 29, 2005
  • Previous Sale Amount: $245,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: READY MORTGAGE LENDERS LLC
  • First Mortgage Transaction Date: Nov 19, 2018
  • First Mortgage Loan Amount: $293,584
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: FIRST RESIDENTIAL MORTGAGE NET
  • Previous Mortgage Transaction Date: Dec 15, 2005
  • Previous Mortgage Loan Amount: $196,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Dec 01, 2035

About Western Miami



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 2 Beds
  • 1 Bath
  • 850 ft²
Listing by Frank Kowalski

Frequently Asked Questions

What neighborhood is 3401 Northwest 4th Terrace located in?
The 3401 Northwest 4th Terrace is a house located in the neighborhood of Twelfth Steet Manors in Western Miami, Miami.
What is the average sales price for listings in 3401 Northwest 4th Terrace?
The average sales price for units in 3401 Northwest 4th Terrace is $0 currently.

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