See Home Value
$1,520,026*
House - Off Market

494 NE 50th Ter

Miami, FL 33137
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2482 Sqft
$788,000 - $962,000
Reference Base Price*
73.72%
Since Dec 1, 2019
FL-Miami
Primary Model
Sold Nov 20, 2019
$820,000
$697,000 by United Wholesale Mortgage
Mortgage Due Dec 01, 2049
Sold Oct 10, 2013
$740,000

About This Property

Finally the perfect home in the beautiful Morning Side Neighborhood. Minutes from the design district, midtown shops, and Wynwood. Centrally located, the property is ten minutes from the airport, Miami Beach and Brickell. Impact windows and doors throughout, refurbished original wood floors, open contemporary floor plan, new gourmet kitchen and bathrooms, plenty of closet space, audio speakers in and out the house, air-conditioned one car garage. Large deck, beautiful private backyard with plenty of space. The house is very charming and unique and rents quickly.

The manager has listed the unit size as 2482 square feet.
Unit Size
2,482Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$353
Property Type
House
Property Taxes
$1,317
HOA Dues
-
Year Built
1946

Price History

Date / Event Date Event Price
Nov 20, 2019 Sold to Deiab Mohammed F Abu, Luz O... $820,000
Sold to Deiab Mohammed F Abu, Luz O...
Nov 11, 2019 No longer available -
No longer available
Sep 12, 2019 Price Decreased $875,000
↓ $50K (5.4%)
Price Decreased
Jul 12, 2019 Relisted $925,000
Relisted
Jun 23, 2019 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,830
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 675
  • Total Building Area: 2,262
  • Gross Building Area: 2,262
  • Building Area: 1,763
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,763
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAYSHORE PLAZA UNIT 5
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BAYSHORE PLAZA UNIT 5 PB 43-74 LOT 7 & THAT PT OF TR A PB 40-63 LYG S & ADJ BLK 7 LOT SIZE 67.5 X 116 OR 13944-2382 1288 1

Ownership

  • Current Owner : ABU DEIAB MOHAMMED FOUAD
  • Current Owner 2: GUTIERREZ LUZ ORLLANA
  • Previous Owner : KEILER TRADING N V
  • Owner Before Previous Owner: RESTREPO OSCAR
  • Owner Before Previous Owner 2: RESTREPO BLANCA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 002100

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 175
  • District: 01
  • Subdivision Tract Number: A
  • Parcel: 01-3219-006-0160
  • Block: 7
  • Lot: 7
  • Meridian: SEC 19 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.822
  • Longitude: -80.1848

    Address

  • Full Address: 494 Ne 50th Ter
  • Legal Unit: 5
  • Address - House Number: 494
  • Street Direction: NE
  • Address - Street Name: 50th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C066
  • 4-Digit Zip Code: 3019
  • Zip Code: 33137

Valuation

    Tax

  • Total Area: 2,013
  • Tax Year: 2023
  • Tax Amount: $16,297
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1828
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,734,326
  • High Value: 2,051,487
  • Low Value: 1,417,164

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $697,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 20, 2019
  • First Open Lien Mortgage Loan Amount: $697,000
  • 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, 2049

    Market Valuation

  • Market Total Value: $1,241,827
  • Market Land Value: $861,392
  • Market Improvement Value: $380,435

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $730,189

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 29, 2019
  • Current Sale Recording Date: Nov 20, 2019
  • Current Sale Transaction ID: 11707970919
  • Current Sale Price: $820,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019R0728444
  • Previous Sale Recording Date: Oct 10, 2013
  • Previous Sale Contract Date: Sep 30, 2013
  • Previous Sale Amount: $740,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Nov 20, 2019
  • First Mortgage Loan Amount: $697,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,471 ft²
$611/ft²
$899,000 Oct 14, 2022
-
$879/mo
House
3 Beds
3 Baths
1,715 ft²
$460/ft²
$789,000 Oct 6, 2022
-
$67/mo
House
3 Beds
2 Baths
1,422 ft²
$615/ft²
$875,000 Jun 1, 2022
-
$338/mo
House
4 Beds
2 Baths
2,227 ft²
$409/ft²
$910,000 Sep 30, 2022
-
$113/mo
Condo
3 Beds
3 Baths
1,850 ft²
$459/ft²
$849,000 Dec 2, 2022
-
$2,078/mo
House
3 Beds
2 Baths
789 ft²
$887/ft²
$700,000 Dec 20, 2022
-
$111/mo
Condo
3 Beds
2 Baths
1,623 ft²
$601/ft²
$975,000 Dec 8, 2022
-
$2,742/mo
Condo
3 Beds
2 Baths
1,259 ft²
$658/ft²
$829,000 Nov 1, 2022
-
$1,861/mo
Condo
3 Beds
2 Baths
1,152 ft²
$729/ft²
$840,000 Jun 28, 2022
-
$1,786/mo
Condo
3 Beds
2 Baths
1,152 ft²
$694/ft²
$799,000 Nov 3, 2022
-
$2,100/mo
House
4 Beds
2 Baths
1,560 ft²
$465/ft²
$724,900 Dec 21, 2022
-
$407/mo
Condo
3 Beds
2 Baths
1,152 ft²
$777/ft²
$895,000 Jul 13, 2022
-
$1,937/mo

About Northern Miami


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Nearby Rentals

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  • 2 Beds
  • 2 Baths
  • 1,735 ft²
Listing by Anthony Santiago
Unit for rent at

$4,800 /mo

  • 1 Bed
  • 1.5 Baths
  • 1,411 ft²
Listing by Kristina Krykhtin
Unit for rent at

$4,500 /mo

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  • 1 Bath
  • 896 ft²
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Frequently Asked Questions

When was property at 494 Northeast 50th Terrace built and last sold?
The property at 494 Northeast 50th Terrace was built in 1946 and last sold on Oct 29, 2019 for $820,000.
How much is this home worth?
The estimated value of the home located at 494 Northeast 50th Terrace is $938,927.
What are some comparable homes to 494 Northeast 50th Terrace?
There are currently no comparable homes to 494 Northeast 50th Terrace.

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