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434 Northeast 28th Street

434 Northeast 28th Street, Miami, FL 33137
Property in Bankers Park
Sold Feb 02, 2024
$19,200,000
$12,126,000 by New Wave Loans Residential Llc
Mortgage Due Feb 02, 2054
Sold May 02, 2022
$1,754,000
$10,500,000 by New Wave Loans Residential Llc
Mortgage
434 Northeast 28th Street 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 1925 and is 99 years old. However, we must point out that the home was most recently renovated and altered in 1955. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 434 Northeast 28th Street has 1,945 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 1,110 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 5,550 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

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 building has a gable or hip style roof made of tile. The exterior walls of the building are made of a material which is produced from two or more constituent materials. As for the floors, you'll see that the home has flooring throughout. The property was last sold in Jan 31, 2024 for $19,200,000. That's $8,617.59 per sqft. Prior to that sales transaction, the property was also sold in Apr 25, 2022 for $1,754,000. 434 Northeast 28th Street was last assessed in 2023. The total value of the property was assessed at $1,764,126. Specifically, the land the property is located on was valued at $1,560,938. While improvements on the property were assessed at a total of $203,188. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $37,024. The initial tax year of delinquency was in 2022. 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. 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: 1925
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Construction Type: Concrete block
  • Building Style: Duplex
  • Exterior Walls Type: Composition
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,550
  • Lot Size Depth Feet: 1,110
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,228
  • Gross Building Area: 2,228
  • Building Area: 1,945
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,945
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BANKERS PARK
  • Land Acres: 0.127
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 30 53 42 BANKERS PARK PB 2-53 LOT 48 LOT SIZE 50.000 X 111 OR 19270-2849 09 2000 1 COC 25282-3746 01 2007 5

Ownership

  • Current Owner : 27TH STREET GRUPO T & C LLC
  • Previous Owner : PR GROUP FLORIDA LLC
  • Owner Before Previous Owner: BRADLEY WESLEY J
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag Date: Feb 05, 2024

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 002707

Zoning

  • Zoning: 4604

Geography

  • Assessors Map Reference: 180
  • District: 01
  • Parcel: 01-3230-017-0400
  • Lot: 48
  • Meridian: SEC 30 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.8034
  • Longitude: -80.1875

    Address

  • Full Address: 434 Ne 28th St
  • Address - House Number: 434
  • Street Direction: NE
  • Address - Street Name: 28th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C056
  • 4-Digit Zip Code: 4614
  • Zip Code: 33137

Valuation

    Tax

  • Total Area: 1,985
  • Tax Year: 2023
  • Tax Amount: $37,024
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.186
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 1,974,314
  • High Value: 2,341,688
  • Low Value: 1,606,939

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $12,126,000
  • First Open Lien Mortgage Lender: NEW WAVE LOANS RESIDENTIAL LLC
  • First Open Lien Mortgage Recording Date: Feb 02, 2024
  • First Open Lien Mortgage Loan Amount: $12,126,000
  • 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: Feb 02, 2054

    Market Valuation

  • Market Total Value: $1,764,126
  • Market Land Value: $1,560,938
  • Market Improvement Value: $203,188

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,764,126
  • Assessed Land Value: $1,560,938
  • Assessed Improvements Value: $203,188

    Sales

  • Current Sale Contract Date: Jan 31, 2024
  • Current Sale Recording Date: Feb 02, 2024
  • Current Sale Transaction ID: 11920580525
  • Current Sale Price: $19,200,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 88903
  • Previous Sale Recording Date: May 02, 2022
  • Previous Sale Contract Date: Apr 25, 2022
  • Previous Sale Amount: $1,754,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEW WAVE LOANS RESIDENTIAL LLC
  • First Mortgage Transaction Date: Feb 02, 2024
  • First Mortgage Loan Amount: $12,126,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: NEW WAVE LOANS RESIDENTIAL LLC
  • Previous Mortgage Transaction Date: May 02, 2022
  • Previous Mortgage Loan Amount: $10,500,000

About Northern Miami



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Frequently Asked Questions

What neighborhood is 434 Northeast 28th Street located in?
The 434 Northeast 28th Street is a located in the neighborhood of Bankers Park in Northern Miami, Miami.
What is the average sales price for listings in 434 Northeast 28th Street?
The average sales price for units in 434 Northeast 28th Street is $0 currently.

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