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530 Northeast 50th Terrace

530 Northeast 50th Terrace, Miami, FL 33137
Property in Park Plaza
Sold Aug 03, 2000
$216,500
$345,000 by Chemtov Mortgage Group Corp
Mortgage Due Oct 01, 2046
Sold Aug 12, 1998
$175,000
$148,700 by Oceanmark Financial Corp
Mortgage
530 Northeast 50th Terrace in Miami, FL was first built in 1953 and is 71 years old. Although, the building on the property was most recently renovated and altered in 1972. 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, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 530 Northeast 50th Terrace has 2,876 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 750 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 10,053 square feet.

Learn more about the property and building on this page. There is 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. The home has a gable or hip style roof made of tile. For those who need parking, there is a carport. The garage is 1,045 sqft. There are a total of 4 available parking spaces. 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 concrete block. Walk inside and you'll find flooring throughout the home. The property was last sold in Jan 1, 1970 for $216,500. That's $70.57 per sqft. Prior to that sales transaction, the property was also sold in Jan 1, 1970 for $175,000. 530 Northeast 50th Terrace was last assessed in 2023. The total value of the property was assessed at $396,948. 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 $9,447. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1953
  • Effective Year Built: 1972
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • 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: 1,045
  • Parking Space Count: 4
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,053
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,068
  • Gross Building Area: 3,068
  • Building Area: 2,876
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,876
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK PLAZA
  • Land Acres: 0.231
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARK PLAZA PB 44-61 LOT 3 & THAT PART OF TR A PB 40-63 LYG S & ADJ TO LOTS 2 & 3 BLK 6 LOT SIZE IRREGULAR OR 19224-142 07 2000 1

Ownership

  • Current Owner : YOUNG MICHAEL
  • Previous Owner : BROWN WILLIE M
  • Owner Before Previous Owner: BROWN BARRY A
  • 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: 01-3219-004-1010
  • Block: 6
  • Lot: 3,2
  • Meridian: SEC 19 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.822
  • Longitude: -80.1839

    Address

  • Full Address: 530 Ne 50th Ter
  • Address - House Number: 530
  • 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: 2,751
  • Tax Year: 2023
  • Tax Amount: $9,447
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1828
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 2,008,505
  • High Value: 2,375,806
  • Low Value: 1,641,203

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $345,000
  • First Open Lien Mortgage Lender: CHEMTOV MORTGAGE GROUP CORP
  • First Open Lien Mortgage Recording Date: Sep 09, 2016
  • First Open Lien Mortgage Loan Amount: $345,000
  • 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: Oct 01, 2046

    Market Valuation

  • Market Total Value: $1,455,222
  • Market Land Value: $1,105,812
  • Market Improvement Value: $349,410

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $396,948

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Aug 03, 2000
  • Current Sale Transaction ID: 1058763449
  • Current Sale Price: $216,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Aug 12, 1998
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: OCEANMARK FINANCIAL CORP
  • Previous Mortgage Transaction Date: Aug 12, 1998
  • Previous Mortgage Financing Type: unknown
  • Previous Mortgage Loan Amount: $148,700
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 530 Northeast 50th Terrace located in?
The 530 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 530 Northeast 50th Terrace?
The average sales price for units in 530 Northeast 50th Terrace is $0 currently.

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