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401 Southwest 23rd Road

401 Southwest 23rd Road, Miami, FL 33129
House in Coral Way
Sold Nov 28, 2022
$1,950,000
$1,365,000 by First Republic Bank
Mortgage Due Dec 01, 2052
Sold Feb 18, 2022
$1,960,000
401 Southwest 23rd Road in Miami, FL was first built in 1940 and is 84 years old. Although, the building on the property was most recently renovated and altered in 1994. This has been categorized as a residential property type. There are a total of 2 floors. 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. 401 Southwest 23rd Road has 3,015 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 650 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 8,775 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a both a pool and a spa on the property. 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 exterior walls of the home are made of concrete block. 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, 401 Southwest 23rd Road sold most recently in Oct 28, 2022 for a total of $1,950,000. If you work out the math, that's approximately a cost of $553.19 per sqft. Before that, the property was also sold for $1,960,000 in Feb 11, 2022. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $33,347 in taxes each year. 401 Southwest 23rd Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,603,737. If we break it down further, the land itself was valued at $789,750. Improvements to the property, however, were assessed at a total of $813,987. The property's total market value has been marked the same as the total assessed value which is pretty typical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Parking

Carport
Covered Parking
Attached Garage
On-Street Parking

Driveway

Driveway

Exterior

Block Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 8,775
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 650
  • Total Building Area: 3,525
  • Gross Building Area: 3,525
  • Building Area: 3,015
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,015
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOLLEMAN PARK
  • Land Acres: 0.201
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 38-39 54 41 HOLLEMAN PARK PB 8-23 LOT 10 & SELY10FT OF LOT 11 BLK 7 LOT SIZE 65.000 X 135 OR 11529-1160 0882 1

Ownership

  • Current Owner : CAPPELLO MICHAELA
  • Current Owner 2: KREIDLER JOSE
  • Previous Owner : CASTRO JORDAN FRANCISCO
  • Owner Before Previous Owner: FOR OH 1 INC
  • 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: 006608

Zoning

  • Zoning: 0100

Geography

  • District: 01
  • Parcel: 01-4138-001-0970
  • Block: 7
  • Lot: 10,11
  • Meridian: SEC 38 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7588
  • Longitude: -80.2066

    Address

  • Full Address: 401 Sw 23rd Rd
  • Address - House Number: 401
  • Street Direction: SW
  • Address - Street Name: 23rd
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Miami
  • Carrier Code: C003
  • 4-Digit Zip Code: 1925
  • Zip Code: 33129

Valuation

    Tax

  • Total Area: 2,985
  • Tax Year: 2023
  • Tax Amount: $33,347
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1817
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 2,238,639
  • High Value: 2,645,563
  • Low Value: 1,831,714

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,365,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Nov 28, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,365,000
  • 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: Dec 01, 2052

    Market Valuation

  • Market Total Value: $1,603,737
  • Market Land Value: $789,750
  • Market Improvement Value: $813,987

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,603,737
  • Assessed Land Value: $789,750
  • Assessed Improvements Value: $813,987

    Sales

  • Current Sale Contract Date: Oct 28, 2022
  • Current Sale Recording Date: Nov 28, 2022
  • Current Sale Transaction ID: 11899558532
  • Current Sale Price: $1,950,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 891762
  • Previous Sale Recording Date: Feb 18, 2022
  • Previous Sale Contract Date: Feb 11, 2022
  • Previous Sale Amount: $1,960,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Nov 28, 2022
  • First Mortgage Loan Amount: $1,365,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 401 Southwest 23rd Road located in?
The 401 Southwest 23rd Road is a house located in the neighborhood of Coral Way in Coral Way, Miami.
What is the average sales price for listings in 401 Southwest 23rd Road?
The average sales price for units in 401 Southwest 23rd Road is $0 currently.

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