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3530 Oak Avenue

3530 Oak Avenue, Miami, FL 33133
Refi Mar 08, 2023
Transfer
$1,024,500 by Open Mortgage, Llc
Mortgage Due Aug 30, 2080
3530 Oak Avenue 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 1957 and is 67 years old. However, we must point out that the home was most recently renovated and altered in 1982. The home has a total of 3 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, 3530 Oak Avenue has 1,174 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 1,000 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,000 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. Residents will have the luxury of enjoying a unknown. 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. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The exterior walls of the building are made of a combination of material. 3530 Oak Avenue was last assessed in 2023. The total value of the property was assessed at $72,543. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $942. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,767
  • Gross Building Area: 1,767
  • Building Area: 1,174
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,174
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FROW HOMESTEAD
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FROW HOMESTEAD PB B-106 LOT 4 BLK 14 LOT SIZE 50.000 X 100 OR 9869-0381 COC 25531-3153/26419-0347 0307 5 COC 25831-1712 07 2007 4

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 007101

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 257
  • District: 01
  • Parcel: 01-4121-007-2000
  • Block: 14
  • Lot: 4
  • Meridian: SEC 21 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7297
  • Longitude: -80.2506

    Address

  • Full Address: 3530 Oak Ave
  • Address - House Number: 3530
  • Address - Street Name: Oak
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami
  • Carrier Code: C036
  • 4-Digit Zip Code: 4929
  • Zip Code: 33133

Valuation

    Tax

  • Total Area: 1,478
  • Tax Year: 2023
  • Tax Amount: $942
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1354
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 950,859
  • High Value: 1,079,685
  • Low Value: 822,033

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,024,500
  • First Open Lien Mortgage Lender: OPEN MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Mar 08, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,024,500
  • First Open Lien Mortgage Term: 688
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Aug 30, 2080

    Market Valuation

  • Market Total Value: $628,803
  • Market Land Value: $490,000
  • Market Improvement Value: $138,803

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,543

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Frequently Asked Questions

What neighborhood is 3530 Oak Avenue located in?
The 3530 Oak Avenue is a located in the neighborhood of Southwest Coconut Grove in Southwest Coconut Grove, Miami.
What is the average sales price for listings in 3530 Oak Avenue?
The average sales price for units in 3530 Oak Avenue is $0 currently.

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