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5050 Northwest 12th Avenue

5050 Northwest 12th Avenue, Miami, FL 33127
House in Palm Park
Sold Mar 18, 2019
$115,000
$285,600 by Oaktree Funding Corp
Mortgage Due Mar 01, 2052
Sold Oct 01, 2008
$54,000
5050 Northwest 12th Avenue 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 is only one bathroom. There is a 1 partial bathroom. 5050 Northwest 12th Avenue has 1,165 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 500 ft and the linear feet between the front and back of the lot is 890. In total, the area measurement of the land is 4,450 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of tile. For those who need parking, there is a carport. The garage is 300 sqft. There is one available parking space. 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 material which is produced from two or more constituent materials. Walk inside and you'll find flooring throughout the home. 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, 5050 Northwest 12th Avenue was last sold in Mar 15, 2019 for $115,000. According to our calculations, that's $88.06 per sqft. Prior to that sales transaction, the property was sold for $54,000 in Sep 10, 2008. Current property owners are expected to pay $4,473 in taxes per year. The property on 5050 Northwest 12th Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $180,127. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Condition

New Construction
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 2
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Concrete block
  • Exterior Walls Type: Composition
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 300
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,450
  • Lot Size Depth Feet: 890
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,306
  • Gross Building Area: 1,306
  • Building Area: 1,165
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,165
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALM PARK AMD
  • Land Acres: 0.102
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 23 53 41 PALM PARK AMD PB 7-43 N50FT OF LOTS 25 & 26 LESS E10FT OF N50FT OF LOT 26 BLK 9 LOT SIZE 50.00 X 79 OR 17116-1803 0296 5 COC 26326-4862 03 2008 3

Ownership

  • Current Owner : INSPIRON 2 LLC
  • Previous Owner : AGON ALFREDO
  • Owner Before Previous Owner: INDYMAC FEDERAL BANK FSB
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 001904

Zoning

  • Zoning: 0104

Geography

  • Assessors Map Reference: 150
  • District: 01
  • Parcel: 01-3123-012-1410
  • Block: 9
  • Lot: 25,26
  • Meridian: SEC 23 TWN 53S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.8213
  • Longitude: -80.2163

    Address

  • Full Address: 5050 Nw 12th Ave
  • Address - House Number: 5050
  • Street Direction: NW
  • Address - Street Name: 12th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami
  • Carrier Code: C025
  • 4-Digit Zip Code: 2250
  • Zip Code: 33127

Valuation

    Tax

  • Total Area: 1,208
  • Tax Year: 2023
  • Tax Amount: $4,473
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1895
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 398,680
  • High Value: 474,246
  • Low Value: 323,115

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $285,600
  • First Open Lien Mortgage Lender: OAKTREE FUNDING CORP
  • First Open Lien Mortgage Recording Date: Feb 11, 2022
  • First Open Lien Mortgage Loan Amount: $285,600
  • 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: Mar 01, 2052

    Market Valuation

  • Market Total Value: $238,411
  • Market Land Value: $119,976
  • Market Improvement Value: $118,435

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $180,127

    Sales

  • Current Sale Contract Date: Mar 15, 2019
  • Current Sale Recording Date: Mar 18, 2019
  • Current Sale Transaction ID: 11592650132
  • Current Sale Price: $115,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019R0172096
  • Previous Sale Recording Date: Oct 01, 2008
  • Previous Sale Contract Date: Sep 10, 2008
  • Previous Sale Amount: $54,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MCU FINANCIAL CENTER CU
  • First Mortgage Transaction Date: Mar 18, 2019
  • First Mortgage Loan Amount: $165,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Northern Miami



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$3,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,009 ft²
Listing by Madyuri Faze

Frequently Asked Questions

What neighborhood is 5050 Northwest 12th Avenue located in?
The 5050 Northwest 12th Avenue is a house located in the neighborhood of Palm Park in Northern Miami, Miami.
What is the average sales price for listings in 5050 Northwest 12th Avenue?
The average sales price for units in 5050 Northwest 12th Avenue is $0 currently.

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