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4940 Southwest 98th Place

4940 Southwest 98th Place, Miami, FL 33165
Property in Tropical Estates
4940 Southwest 98th Place in Miami, FL was first built in 1953 and is 71 years old. Although, the building on the property was most recently renovated and altered in 1956. 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, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4940 Southwest 98th Place has 1,308 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 775 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 10,625 square feet.

Learn more about the property and building on this page. There is 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 a combination of material. 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, 4940 Southwest 98th Place was last sold in Sep 30, 2021 for $539,000. According to our calculations, that's $381.73 per sqft. Prior to that sales transaction, the property was sold for $287,000 in Feb 22, 2021. Current property owners are expected to pay $8,694 in taxes per year. The property on 4940 Southwest 98th Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $515,730. To break that down further, the land itself was valued at $290,000. While improvements to the property were assessed at a total of $225,730. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Driveway

Driveway

Exterior

Block Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20210813
08/13/2021
4 Bed
2 Bath
1331 ft²
$539,000
bedrooms
4 Bed
bathrooms
2 Bath
square feet
1331 ft²
$539,000
11/03/2021
Luis Rodriguez
Rejoice Realty Group, Inc.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 4
  • 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: 10,625
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 775
  • Total Building Area: 1,412
  • Gross Building Area: 1,412
  • Building Area: 1,308
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,308
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TROPICAL ESTATES 1ST ADD
  • Land Acres: 0.244
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TROPICAL ESTATES 1ST ADD PB 53-6 LOT 7 BLK 27 LOT SIZE 77.450 X 125

Ownership

  • Current Owner : VARAS HECTOR
  • Current Owner 2: BARKOVIC LLUBICA
  • Previous Owner : BARR HOLDINGS LLC
  • Owner Before Previous Owner: FITZGERALD LINDA D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: UNINCORPORATED
  • Census Tract: 008601

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 220
  • District: 30
  • Parcel: 30-4020-005-0600
  • Block: 27
  • Lot: 7
  • Meridian: SEC 20 TWN 54S RNG 40E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 25.7216
  • Longitude: -80.3544

    Address

  • Full Address: 4940 Sw 98th Pl
  • Address - House Number: 4940
  • Street Direction: SW
  • Address - Street Name: 98th
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Miami
  • Carrier Code: C019
  • 4-Digit Zip Code: 6331
  • Zip Code: 33165

Valuation

    Tax

  • Total Area: 1,348
  • Tax Year: 2023
  • Tax Amount: $8,694
  • Tax Rate Code Area: 3000

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 549,013
  • High Value: 600,585
  • Low Value: 497,442

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $522,830
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Nov 03, 2021
  • First Open Lien Mortgage Loan Amount: $522,830
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $515,730
  • Market Land Value: $290,000
  • Market Improvement Value: $225,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $515,730
  • Assessed Land Value: $290,000
  • Assessed Improvements Value: $225,730

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 30, 2021
  • Current Sale Recording Date: Nov 03, 2021
  • Current Sale Transaction ID: 11868601658
  • Current Sale Price: $539,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0824194
  • Previous Sale Recording Date: Mar 04, 2021
  • Previous Sale Contract Date: Feb 22, 2021
  • Previous Sale Amount: $287,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Nov 03, 2021
  • First Mortgage Loan Amount: $522,830
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

About Olympia Heights



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Frequently Asked Questions

What neighborhood is 4940 Southwest 98th Place located in?
The 4940 Southwest 98th Place is a located in the neighborhood of Tropical Estates in Olympia Heights, Miami.
What is the average sales price for listings in 4940 Southwest 98th Place?
The average sales price for units in 4940 Southwest 98th Place is $539,000 , or $405/sqft. currently.

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