See Home Value
$2,522,206*
House - Off Market

520 NE 50th Ter

Miami, FL 33137
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1890 Sqft
$2,160,000 - $2,640,000
Reference Base Price*
5.09%
Since May 1, 2023
FL-Miami
Primary Model
Sold Nov 01, 2022
$1,400,000
$980,000 by Cadence Bank
Mortgage
Sold Oct 08, 1996
$100,000
$90,000 by Birmelin, Robert C And Regina
Mortgage

About This Property

Modern style home with 3 Bedrooms , 2 Bathrooms with open floor plan with wood and tile flooring throughout.Located Highly Sought neighborhood of Morningside.  This Home also features a large Master Suite with spacious guests rooms.  Large patio along with an outdoor Bar and Shed for additional storage. Centrally located . This unique unit is walking Distance to Morningside parka and just few miles away from the Art & Design District, Wynwood and Downtown area. Unit needs some work.

The manager has listed the unit size as 1890 square feet.
Unit Size
1,890Ft²
Days on Market
-
Land Size
-
Price per sqft
$1,270
Property Type
House
Property Taxes
$405
HOA Dues
-
Year Built
1950

Price History

Date / Event Date Event Price
Apr 3, 2023 No longer available -
No longer available
Feb 8, 2023 Listed $2,400,000
Listed
Nov 10, 2022 No longer available -
No longer available
Nov 1, 2022 Sold $1,400,000
Sold
Jun 29, 2022 Price Decreased $1,650,000
↓ $149K (8.3%)
Price Decreased
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 120
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,025
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,666
  • Gross Building Area: 2,666
  • Building Area: 1,890
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,890
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK PLAZA
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARK PLAZA PB 44-61 LOT 2 BLK 6 LOT SIZE 75.000 X 107 OR 17381-4992 0996 1

Ownership

  • Current Owner : WAPI LLC
  • Current Owner 2: NIDO REAL ESTATE LLC
  • Previous Owner : PERAGA ALEJANDRO C
  • Previous Owner 2: PERAGA EMELITA L
  • Owner Before Previous Owner: BIRMELIN ROBERT C
  • Owner Before Previous Owner 2: BIRMELIN REGINA C
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Apr 04, 2024

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: 01-3219-004-1000
  • Block: 6
  • Lot: 2
  • Meridian: SEC 19 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.822
  • Longitude: -80.1841

    Address

  • Full Address: 520 Ne 50th Ter
  • Address - House Number: 520
  • 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: 1,935
  • Tax Year: 2023
  • Tax Amount: $26,712
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 2,264,520
  • High Value: 2,477,238
  • Low Value: 2,051,801

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $980,000
  • First Open Lien Mortgage Lender: CADENCE BANK
  • First Open Lien Mortgage Recording Date: Nov 01, 2022
  • First Open Lien Mortgage Loan Amount: $980,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $1,194,978
  • Market Land Value: $882,694
  • Market Improvement Value: $312,284

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,194,978
  • Assessed Land Value: $882,694
  • Assessed Improvements Value: $312,284

    Sales

  • Current Sale Contract Date: Oct 26, 2022
  • Current Sale Recording Date: Nov 01, 2022
  • Current Sale Transaction ID: 11898485777
  • Current Sale Price: $1,400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 833379
  • Previous Sale Recording Date: Oct 08, 1996
  • Previous Sale Amount: $100,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CADENCE BANK
  • First Mortgage Transaction Date: Nov 01, 2022
  • First Mortgage Loan Amount: $980,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: BIRMELIN, ROBERT C AND REGINA
  • Previous Mortgage Transaction Date: Oct 08, 1996
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $90,000



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Condo
3 Beds
4 Baths
1,873 ft²
$1,313/ft²
$2,460,000 Oct 18, 2023
$2,460,000 Mar 6, 2024
$3,774/mo
Condo
3 Beds
4 Baths
1,634 ft²
$1,147/ft²
$1,875,000 Sep 29, 2023
$1,875,000 Nov 20, 2023
$3,810/mo
House
4 Beds
4 Baths
2,477 ft²
$969/ft²
$2,400,000 Sep 26, 2023
$2,400,000 Mar 19, 2024
$973/mo
House
4 Beds
4 Baths
2,418 ft²
$1,075/ft²
$2,600,000 Sep 5, 2023
$2,600,000 Mar 1, 2024
$1,953/mo
House
4 Beds
4 Baths
2,536 ft²
$710/ft²
$1,800,000 Jul 7, 2023
$1,800,000 Mar 15, 2024
$762/mo
Condo
3 Beds
4 Baths
2,841 ft²
$810/ft²
$2,300,000 Dec 11, 2023
$2,300,000 Feb 29, 2024
$4,574/mo
House
3 Beds
3 Baths
1,768 ft²
$1,242/ft²
$2,195,000 Feb 23, 2024
-
$1,759/mo
House
3 Beds
2 Baths
2,065 ft²
$1,015/ft²
$2,095,000 Dec 12, 2023
-
$1,322/mo
House
3 Beds
3 Baths
1,673 ft²
$1,225/ft²
$2,050,000 Feb 10, 2024
-
$1,757/mo
House
3 Beds
2 Baths
2,760 ft²
$888/ft²
$2,450,000 Dec 28, 2023
-
$807/mo
House
4 Beds
3 Baths
1,816 ft²
$1,371/ft²
$2,490,000 Mar 23, 2024
-
$2,213/mo
Condo
3 Beds
4 Baths
1,634 ft²
$1,591/ft²
$2,600,000 Jan 26, 2024
-
$4,386/mo

About Northern Miami


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Frequently Asked Questions

When was property at 520 Northeast 50th Terrace built and last sold?
The property at 520 Northeast 50th Terrace was built in 1950 and last sold on Oct 26, 2022 for $1,400,000.
How much is this home worth?
The estimated value of the home located at 520 Northeast 50th Terrace is $2,378,696.
What are some comparable homes to 520 Northeast 50th Terrace?
Homes that are comparable to 520 Northeast 50th Terrace include a house property at 630 Northeast 52nd Street, 5050 Northeast 5th Avenue, 485 Northeast 55th Terrace.

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