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505 Northeast 26th Street

505 Northeast 26th Street, Miami, FL 33137
Property in Banyan Place
Sold Aug 22, 2007
$457,900
Sold Apr 06, 1998
$115,000
$90,000 by Olivares, Jose H & Margarita
Mortgage
Local assessors in Miami, FL have categorized 505 Northeast 26th Street as a residential type of property. The home was built in 1925 and is 99 years old. It was most recently renovated and altered in 1940. The property's lot size has been calculated to be 5,000 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 505 Northeast 26th Street has a total of 3,239 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. 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. The building has a gable or hip style roof that was made of slate. Lots of concrete block were used in the construction of the exterior walls of the home. The property was last sold in Aug 13, 2007 for $457,900. That's $141.37 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $115,000. 505 Northeast 26th Street was last assessed in 2023. The total value of the property was assessed at $316,691. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $16,956. The initial tax year of delinquency was in 2012. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1940
  • Building Count: 2
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Construction Type: Concrete block
  • Building Style: Multifamily
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Slate
  • Floor Count: 1
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Total Building Area: 3,239
  • Gross Building Area: 3,239
  • Building Area: 3,239
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,239
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BANYAN PLACE AMD & EXT
  • Land Acres: 0.115
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: BANYAN PLACE AMD & EXT PB 8-55 LOT F BLK A LOT SIZE 50.000 X 100 OR 20080-2141 12 2001 2(2)

Ownership

  • Current Owner : WARTMAN NORMAN
  • Previous Owner : BISCAYNE BAY LOFTS LLC
  • Owner Before Previous Owner: OLIVARES JOSE H
  • Owner Before Previous Owner 2: OLIVARES MARGARITA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 002707

Zoning

  • Zoning: 4604

Geography

  • Assessors Map Reference: 180
  • District: 01
  • Parcel: 01-3230-021-0050
  • Block: A
  • Lot: F
  • Meridian: SEC 30 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.8019
  • Longitude: -80.1871

    Address

  • Full Address: 505 Ne 26th St
  • Address - House Number: 505
  • Street Direction: NE
  • Address - Street Name: 26th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C056
  • 4-Digit Zip Code: 4749
  • Zip Code: 33137

Valuation

    Tax

  • Total Area: 3,239
  • Tax Year: 2023
  • Tax Amount: $16,956
  • Intital Tax Deliquent Year: 2012
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 2,240,834
  • High Value: 3,222,912
  • Low Value: 1,258,755

    Market Valuation

  • Market Total Value: $1,876,000
  • Market Land Value: $1,875,000
  • Market Improvement Value: $1,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $316,691

    Sales

  • Current Sale Contract Date: Aug 13, 2007
  • Current Sale Recording Date: Aug 22, 2007
  • Current Sale Transaction ID: 11457849470
  • Current Sale Price: $457,900
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2007R0831209
  • Previous Sale Recording Date: Apr 06, 1998
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE BANK FSB
  • First Mortgage Transaction Date: Aug 22, 2007
  • First Mortgage Loan Amount: $366,256
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Sep 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: OLIVARES, JOSE H & MARGARITA
  • Previous Mortgage Transaction Date: Apr 06, 1998
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $90,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Northern Miami



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Frequently Asked Questions

What neighborhood is 505 Northeast 26th Street located in?
The 505 Northeast 26th Street is a located in the neighborhood of Banyan Place in Northern Miami, Miami.
What is the average sales price for listings in 505 Northeast 26th Street?
The average sales price for units in 505 Northeast 26th Street is $0 currently.

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