Sold Oct 05, 2023
$10,125,000
Seller
$7,425,000
by Lv Edgewater Llc
Mortgage
Sold Oct 19, 2015
$1,800,000
Buyer
Seller
Local assessors in Miami, FL have categorized 3618 Northeast 5th Avenue as a residential type of property.
The home was built in 1953 and is 71 years old.
The property's lot size has been calculated to be 4,725 square feet.
The linear feet between the front and back of the lot was measured at 1,050 ft and the front of the lot was measured at 410 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, 4 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 3618 Northeast 5th Avenue has a total of 1,326 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. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. 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 - D. Lots of a combination of material were used in the construction of the exterior walls of the home. The property was last sold in Sep 26, 2023 for $10,125,000. That's $7,002.07 per sqft. Prior to that sales transaction, the property was also sold in Oct 13, 2015 for $1,800,000. 3618 Northeast 5th Avenue was last assessed in 2023. The total value of the property was assessed at $1,366,772. 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 $29,722. The initial tax year of delinquency was in 2011. 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.
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. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. 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 - D. Lots of a combination of material were used in the construction of the exterior walls of the home. The property was last sold in Sep 26, 2023 for $10,125,000. That's $7,002.07 per sqft. Prior to that sales transaction, the property was also sold in Oct 13, 2015 for $1,800,000. 3618 Northeast 5th Avenue was last assessed in 2023. The total value of the property was assessed at $1,366,772. 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 $29,722. The initial tax year of delinquency was in 2011. 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.
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