See Home Value
$1,901,089*
House - Off Market

498 NE 50th Ter

Miami, FL 33137
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2420 Sqft
$1,346,000 - $1,644,000
Reference Base Price*
27.16%
Since Nov 1, 2021
FL-Miami
Primary Model
Sold Aug 20, 2021
$1,500,000
$1,200,000 by Crosscountry Mortgage Llc
Mortgage Due Aug 01, 2051
Sold Feb 01, 2013
$450,000
$405,000 by New Penn Financial Llc
Mortgage Due Feb 01, 2028

About This Property

Breathe: you're in Morningside, a guard-gated oasis minutes from the hustle & bustle of Midtown & Miami Design District. Relax mind, body & spirit, 7,222.5 SF,lot. meticulously landscaped, private sanctuary anchored by a completely remodeled, 3bed/2bath residence. Count on: modern floor plan, wood floors, impact-resistant windows & doors + garage. Spacious master suite with a big walking-closet. Upgrades kitchen & bathrooms. Decompress in the heated saltwater pool.  Enjoy strolls down tree-lined streets to Morningside Park, with its playground, tennis courts, boat ramp & gorgeous Biscayne Bay vistas.

The manager has listed the unit size as 2420 square feet.
Unit Size
2,420Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$618
Property Type
House
Property Taxes
$1,121
HOA Dues
-
Year Built
1946

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Aug 20, 2021 Sold to Elizabeth Shapiro, Nabil Ha... $1,500,000
Sold to Elizabeth Shapiro, Nabil Ha...
May 26, 2021 In contract -
In contract
May 21, 2021 Listed $1,495,000
Listed

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 2014
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Concrete block
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Rigid frame bar
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 150
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,223
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 675
  • Total Building Area: 2,420
  • Gross Building Area: 2,420
  • Building Area: 2,085
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,085
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAYSHORE PLAZA UNIT 5
  • Land Acres: 0.166
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BAYSHORE PLAZA UNIT 5 PB 43-74 LOT 8 BLK 7 LOT SIZE 67.500 X 107

Ownership

  • Current Owner : HASCHEMIE NABIL
  • Current Owner 2: SHAPIRO ELIZABETH
  • Previous Owner : COMELLI ALBERTO CARLI
  • Previous Owner 2: COMELLI FRANCESCA
  • Owner Before Previous Owner: THRELKELD MAJOR E
  • Owner Before Previous Owner 2: THRELKELD BETTY JO
  • 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
  • Parcel: 01-3219-006-0170
  • Block: 7
  • Lot: 8
  • Meridian: SEC 19 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.822
  • Longitude: -80.1846

    Address

  • Full Address: 498 Ne 50th Ter
  • Legal Unit: 5
  • Address - House Number: 498
  • 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: 2,211
  • Tax Year: 2023
  • Tax Amount: $26,766
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1828
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 2,222,167
  • High Value: 2,628,541
  • Low Value: 1,815,793

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 20, 2021
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $1,538,455
  • Market Land Value: $794,424
  • Market Improvement Value: $744,031

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,239,478

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 15, 2021
  • Current Sale Recording Date: Aug 20, 2021
  • Current Sale Transaction ID: 11854046489
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0614185
  • Previous Sale Recording Date: Feb 01, 2013
  • Previous Sale Contract Date: Jan 24, 2013
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CROSSCOUNTRY MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 20, 2021
  • First Mortgage Loan Amount: $1,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: NEW PENN FINANCIAL LLC
  • Previous Mortgage Transaction Date: Feb 01, 2013
  • Previous Mortgage Loan Amount: $405,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2028



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,896 ft²
$817/ft²
$1,549,000 May 4, 2022
-
$1,146/mo
House
3 Beds
3.5 Baths
1,861 ft²
$833/ft²
$1,550,000 Dec 20, 2022
-
$882/mo
House
3 Beds
2 Baths
1,700 ft²
$729/ft²
$1,240,000 Dec 3, 2022
-
$1,006/mo
House
3 Beds
2 Baths
1,680 ft²
$714/ft²
$1,200,000 Sep 8, 2022
-
$93/mo
House
4 Beds
3 Baths
2,547 ft²
$664/ft²
$1,690,000 Feb 4, 2023
-
$633/mo
House
4 Beds
2.5 Baths
2,756 ft²
$544/ft²
$1,500,000 Oct 14, 2022
-
$763/mo
Townhouse
3 Beds
2.5 Baths
2,236 ft²
$794/ft²
$1,775,000 Oct 27, 2022
-
$2,255/mo
House
3 Beds
1 Bath
1,185 ft²
$1,013/ft²
$1,200,000 Oct 26, 2022
-
$410/mo
Condo
3 Beds
3.5 Baths
1,646 ft²
$851/ft²
$1,400,000 Nov 3, 2022
-
$2,264/mo
Condo
3 Beds
3.5 Baths
1,634 ft²
$973/ft²
$1,590,000 Jul 6, 2022
-
$3,258/mo
Condo
3 Beds
3.5 Baths
1,526 ft²
$849/ft²
$1,295,000 Feb 15, 2023
-
$3,128/mo
Condo
3 Beds
3.5 Baths
1,646 ft²
$759/ft²
$1,250,000 Oct 3, 2022
-
$2,170/mo

About Northern Miami


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Frequently Asked Questions

When was property at 498 Northeast 50th Terrace built and last sold?
The property at 498 Northeast 50th Terrace was built in 1946 and last sold on Jul 15, 2021 for $1,500,000.
How much is this home worth?
The estimated value of the home located at 498 Northeast 50th Terrace is $1,535,738.
What are some comparable homes to 498 Northeast 50th Terrace?
There are currently no comparable homes to 498 Northeast 50th Terrace.

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