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4041 Southwest 5th Terrace

4041 Southwest 5th Terrace, Miami, FL 33134
Sold Jul 09, 2019
$387,000
$310,800 by Regions Bank
Mortgage Due Dec 01, 2051
Sold Nov 18, 1999
$125,000
4041 Southwest 5th Terrace in Miami, FL was first built in 1959 and is 65 years old. 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, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4041 Southwest 5th Terrace has 2,273 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 755 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 7,550 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 exterior walls of the home are made of concrete block. The property was last sold in Jun 27, 2019 for $387,000. That's $155.86 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $125,000. 4041 Southwest 5th Terrace was last assessed in 2023. The total value of the property was assessed at $342,849. 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 $6,567. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

Building Features

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,550
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 755
  • Total Building Area: 2,483
  • Gross Building Area: 2,483
  • Building Area: 2,273
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,273
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FLOYDS GROVES EST 1ST ADDN
  • Land Acres: 0.173
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 5 54 41 PB 69-4 FLOYDS GROVES EST 1ST ADDN LOT 6 BLK 9 LOT SIZE 75.500 X 100 OR 18867-3942 1099 1

Ownership

  • Current Owner : HERNANDEZ MIRIAM PEREZ
  • Current Owner 2: DELGADO OBNIEL
  • Previous Owner : MENENDEZ EUGENIO
  • Owner Before Previous Owner: FERNANDEZ ROSA M
  • 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: 005600

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 241
  • District: 01
  • Parcel: 01-4105-055-0160
  • Block: 9
  • Lot: 6
  • Meridian: SEC 05 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7668
  • Longitude: -80.2624

    Address

  • Full Address: 4041 Sw 5th Ter
  • Address - House Number: 4041
  • Street Direction: SW
  • Address - Street Name: 5th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Coral Gables
  • Carrier Code: C045
  • 4-Digit Zip Code: 2052
  • Zip Code: 33134

Valuation

    Tax

  • Total Area: 2,092
  • Tax Year: 2023
  • Tax Amount: $6,567
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.173
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 731,719
  • High Value: 858,349
  • Low Value: 605,090

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $310,800
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Nov 19, 2021
  • First Open Lien Mortgage Loan Amount: $310,800
  • 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, 2051

    Market Valuation

  • Market Total Value: $514,235
  • Market Land Value: $347,360
  • Market Improvement Value: $166,875

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $342,849

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 27, 2019
  • Current Sale Recording Date: Jul 09, 2019
  • Current Sale Transaction ID: 11626691472
  • Current Sale Price: $387,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019R0425952
  • Previous Sale Recording Date: Nov 18, 1999
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Jul 09, 2019
  • First Mortgage Loan Amount: $309,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

About Western Miami



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Frequently Asked Questions

What neighborhood is 4041 Southwest 5th Terrace located in?
The 4041 Southwest 5th Terrace is a house located in the neighborhood of Floyds Groves Estates in Western Miami, Miami.
What is the average sales price for listings in 4041 Southwest 5th Terrace?
The average sales price for units in 4041 Southwest 5th Terrace is $0 currently.

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