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500 Northeast 50th Terrace

500 Northeast 50th Terrace, Miami, FL 33137
Property in Park Plaza
Sold Jul 19, 2006
$725,000
$375,000 by Td Bank Na
Mortgage Due Oct 19, 2050
Sold May 13, 1997
$152,000
$144,400 by Chase Manhattan Mortgage Corp
Mortgage
500 Northeast 50th Terrace in Miami, FL was first built in 1950 and is 74 years old. 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, 2 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 500 Northeast 50th Terrace has 1,883 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 939 ft and the linear feet between the front and back of the lot is 1,190. In total, the area measurement of the land is 11,172 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. For those who need parking, there is a garage. The garage is 220 sqft. 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, 500 Northeast 50th Terrace was last sold in Jul 7, 2006 for $725,000. According to our calculations, that's $305.52 per sqft. Prior to that sales transaction, the property was sold for $152,000 in Jan 1, 1970. Current property owners are expected to pay $9,621 in taxes per year. The property on 500 Northeast 50th Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $405,429. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 2
  • 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
  • Garage Type: Garage
  • Garage Square Area: 220
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,172
  • Lot Size Depth Feet: 1,190
  • Lot Size Frontage Feet: 939
  • Total Building Area: 2,373
  • Gross Building Area: 2,373
  • Building Area: 1,883
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,883
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK PLAZA
  • Land Acres: 0.257
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARK PLAZA PB 44-61 LOT 1 BLK 6 & THAT PART OF TR A /PB 40-63/ S & ADJ LOT SIZE 93.880 X 119 OR 17635-4726 0497 1 COC 24735-1507 07 2006 1

Ownership

  • Current Owner : DUNSHEE ERIK M
  • Previous Owner : MADORE PAUL L
  • Previous Owner 2: HIAS THOMAS P
  • Owner Before Previous Owner: WETMORE MARIE LOTTIE
  • Owner Before Previous Owner 2: BEVIS ROSEMARIE E WETMORE
  • 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: 01-3219-004-0990
  • Block: 6
  • Lot: 1
  • Meridian: SEC 19 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.822
  • Longitude: -80.1843

    Address

  • Full Address: 500 Ne 50th Ter
  • Address - House Number: 500
  • Street Direction: NE
  • Address - Street Name: 50th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C066
  • 4-Digit Zip Code: 3021
  • Zip Code: 33137

Valuation

    Tax

  • Total Area: 2,119
  • Tax Year: 2023
  • Tax Amount: $9,621
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1828
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,899,486
  • High Value: 2,246,850
  • Low Value: 1,552,121

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $375,000
  • First Open Lien Mortgage Lender: TD BANK NA
  • First Open Lien Mortgage Recording Date: Nov 20, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $375,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Oct 19, 2050

    Market Valuation

  • Market Total Value: $1,512,757
  • Market Land Value: $1,229,078
  • Market Improvement Value: $283,679

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $405,429

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 07, 2006
  • Current Sale Recording Date: Jul 19, 2006
  • Current Sale Transaction ID: 1058763445
  • Current Sale Price: $725,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2006R0777555
  • Previous Sale Recording Date: May 13, 1997
  • Previous Sale Amount: $152,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AFFINITY FCU
  • First Mortgage Transaction Date: Jul 19, 2006
  • First Mortgage Loan Amount: $398,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Aug 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: CHASE MANHATTAN MORTGAGE CORP
  • Previous Mortgage Transaction Date: May 13, 1997
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $144,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Northern Miami



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Frequently Asked Questions

What neighborhood is 500 Northeast 50th Terrace located in?
The 500 Northeast 50th Terrace is a located in the neighborhood of Park Plaza in Northern Miami, Miami.
What is the average sales price for listings in 500 Northeast 50th Terrace?
The average sales price for units in 500 Northeast 50th Terrace is $0 currently.

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