Sold Jun 03, 2020
$2,375,000
Buyer
$1,000,000
by Truist Bank
Mortgage Due Jun 01, 2050
Sold Dec 18, 1997
$335,000
Seller
$900,000
by Gibraltar Bank
Mortgage
Local assessors in Miami, FL have categorized 4950 Southwest 75th Lane as a residential type of property.
The home was built in 1998 and is 26 years old.
The property's lot size has been calculated to be 28,750 square feet.
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, 5 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 5 full bathrooms.
There are also 5 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 4950 Southwest 75th Lane has a total of 4,745 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. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of concrete block were used in the construction of the exterior walls of the home. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4950 Southwest 75th Lane sold most recently in May 22, 2020 for a total of $2,375,000. If you work out the math, that's approximately a cost of $421.02 per sqft. Before that, the property was also sold for $335,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $44,302 in taxes each year. 4950 Southwest 75th Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,605,816. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
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. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of concrete block were used in the construction of the exterior walls of the home. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 4950 Southwest 75th Lane sold most recently in May 22, 2020 for a total of $2,375,000. If you work out the math, that's approximately a cost of $421.02 per sqft. Before that, the property was also sold for $335,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $44,302 in taxes each year. 4950 Southwest 75th Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,605,816. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.
This property description is generated based on publicly available data.
4950 Southwest 75th Lane, Miami, FL 33143
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