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3631 Southwest 5th Terrace

3631 Southwest 5th Terrace, Miami, FL 33135
Multifamily in Minerva Place
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The property has no active listings. Please see other similar options below.
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3631 Southwest 5th Terrace in Miami, FL was first built in 1972 and is 52 years old. Although, the building on the property was most recently renovated and altered in 1982. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. It is a single story home. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 3631 Southwest 5th Terrace has 2,200 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 500 ft and the linear feet between the front and back of the lot is 1,380. In total, the area measurement of the land is 6,900 square feet.

Learn more about the property and building on this page. There is a unknown and 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3631 Southwest 5th Terrace sold most recently in Oct 26, 2018 for a total of $450,000. If you work out the math, that's approximately a cost of $192.72 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,544 in taxes each year. 3631 Southwest 5th Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $523,732. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180927
09/27/2018
Studio
-
2335 ft²
-
bedrooms
Studio
bathrooms
-
square feet
2335 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: D
  • 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: 6,900
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,335
  • Gross Building Area: 2,335
  • Building Area: 2,200
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,200
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MINERVA PLACE
  • Land Acres: 0.158
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: MINERVA PLACE PB 9-29 LOT 9 BLK 1 LOT SIZE 50.000 X 138 OR 10309-1242 0179 5

Ownership

  • Current Owner : SAMRA SAAD GABRIEL ABU
  • Previous Owner : MOURO FRANCISCO

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 005503

Zoning

  • Zoning: 5700

Geography

  • Assessors Map Reference: 240
  • District: 01
  • Parcel: 01-4104-031-0051
  • Block: 1
  • Lot: 9
  • Meridian: SEC 04 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7672
  • Longitude: -80.2538

    Address

  • Full Address: 3631 Sw 5th Ter
  • Address - House Number: 3631
  • Street Direction: SW
  • Address - Street Name: 5th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C014
  • 4-Digit Zip Code: 2513
  • Zip Code: 33135

Valuation

    Tax

  • Total Area: 2,245
  • Tax Year: 2023
  • Tax Amount: $11,544
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1967
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 770,712
  • High Value: 922,340
  • Low Value: 619,084

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $419,167
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Dec 31, 2020
  • First Open Lien Mortgage Loan Amount: $419,167
  • First Open Lien Mortgage Term: 336
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2049

    Market Valuation

  • Market Total Value: $526,413
  • Market Land Value: $300,303
  • Market Improvement Value: $226,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $523,732

    Sales

  • Current Sale Contract Date: Oct 26, 2018
  • Current Sale Recording Date: Oct 31, 2018
  • Current Sale Transaction ID: 11531361125
  • Current Sale Price: $450,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018R0666438

    Last Sale Mortgage

  • First Mortgage Lender: UNIVERSAL MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 31, 2018
  • First Mortgage Loan Amount: $426,332
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2048

About Western Miami



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Nearby Rentals

Unit for rent at

$1,600 /mo

  • Studio
Listing by Linette Plasencia
Unit for rent at

$1,600 /mo

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

$1,750 /mo

  • 1 Bed
  • 1 Bath
  • 500 ft²
Listing by Magali Resnik
Unit for rent at

$1,800 /mo

  • Studio
Listing by Kadir Puentes Dahan
Unit for rent at

$1,700 /mo

  • Studio
  • 1 Bath
  • 400 ft²
Listing by Melanie Zaga
Unit for rent at

$1,750 /mo

  • 1 Bed
  • 1 Bath
  • 620 ft²
Listing by Vania Vincent
Unit for rent at

$1,750 /mo

  • 1 Bed
  • 1 Bath
Listing by Etienne Carmenaty

Frequently Asked Questions

What neighborhood is 3631 Southwest 5th Terrace located in?
The 3631 Southwest 5th Terrace is a multifamily located in the neighborhood of Minerva Place in Western Miami, Miami.
What is the average sales price for listings in 3631 Southwest 5th Terrace?
The average sales price for units in 3631 Southwest 5th Terrace is $0 currently.

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