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460 Northeast 82nd Terrace

460 Northeast 82nd Terrace, Miami, FL 33138
Multifamily in Sherry Park
Sold Mar 14, 2023
$7,175,000
Sold Nov 06, 2014
$2,600,000
$1,100,000 by Leon T Mondesir
Mortgage Due Oct 30, 2021
Local assessors in Miami, FL have categorized 460 Northeast 82nd Terrace as a residential type of property. The home was built in 1956 and is 68 years old. The property's lot size has been calculated to be 8,800 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily 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, 9 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 9 full bathrooms. There are also 9 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 460 Northeast 82nd Terrace has a total of 5,800 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. 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. Lots of concrete block were used in the construction of the exterior walls of the home. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 460 Northeast 82nd Terrace was last sold in Mar 10, 2023 for $7,175,000. According to our calculations, that's $1,237.07 per sqft. Prior to that sales transaction, the property was sold for $2,600,000 in Oct 30, 2014. Current property owners are expected to pay $18,600 in taxes per year. The property on 460 Northeast 82nd Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $694,482. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Condition

New Construction
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 9
  • Bathroom Count: 9
  • Full Bathrooms: 9
  • Partial Bathrooms: 9
  • Construction Type: Concrete block
  • Building Style: Multifamily
  • Exterior Walls Type: Concrete block
  • Floor Count: 2
  • Living Units: 9
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,800
  • Total Building Area: 5,800
  • Gross Building Area: 5,800
  • Building Area: 5,800
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,800
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHERRY PARK
  • Land Acres: 0.202
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: SHERRY PARK PB 63-12 LOT 2 BLK 2 LOT SIZE 8800 SQUARE FEET OR 19903-1460 09 2001 1

Ownership

  • Current Owner : BH 82 LLC
  • Previous Owner : 82ND APARTMENTS LP
  • Owner Before Previous Owner: MONDESIR LEON T
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 001301

Zoning

  • Zoning: 4600

Geography

  • Assessors Map Reference: 168
  • District: 01
  • Parcel: 01-3207-054-0120
  • Block: 2
  • Lot: 2
  • Meridian: SEC 07 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.8506
  • Longitude: -80.1871

    Address

  • Full Address: 460 Ne 82nd Ter
  • Address - House Number: 460
  • Street Direction: NE
  • Address - Street Name: 82nd
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C036
  • 4-Digit Zip Code: 4081
  • Zip Code: 33138

Valuation

    Tax

  • Total Area: 4,797
  • Tax Year: 2023
  • Tax Amount: $18,600
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 1,605,310
  • High Value: 2,308,860
  • Low Value: 901,759

    Market Valuation

  • Market Total Value: $1,339,974
  • Market Land Value: $660,000
  • Market Improvement Value: $679,974

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $694,482

    Sales

  • Current Sale Contract Date: Mar 10, 2023
  • Current Sale Recording Date: Mar 14, 2023
  • Current Sale Transaction ID: 11904414821
  • Current Sale Price: $7,175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 172856
  • Previous Sale Recording Date: Nov 06, 2014
  • Previous Sale Contract Date: Oct 30, 2014
  • Previous Sale Amount: $2,600,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: LEON T MONDESIR
  • Previous Mortgage Transaction Date: Nov 06, 2014
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $1,100,000
  • Previous Mortgage Term: 82
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: Oct 30, 2021

About Northern Miami



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Nearby Rentals

Unit for rent at

$1,550 /mo

  • Studio
  • 1 Bath
Listing by Ann Awadi

Frequently Asked Questions

What neighborhood is 460 Northeast 82nd Terrace located in?
The 460 Northeast 82nd Terrace is a multifamily located in the neighborhood of Sherry Park in Northern Miami, Miami.
What is the average sales price for listings in 460 Northeast 82nd Terrace?
The average sales price for units in 460 Northeast 82nd Terrace is $0 currently.

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