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5360 Southwest 59th Avenue

5360 Southwest 59th Avenue, Miami, FL 33155
Property in South Miami
Sold Jul 16, 2003
$400,000
$320,000 by Merrill Lynch Credit Corp
Mortgage Due Aug 01, 2028
Sold Mar 05, 1998
$810,000
$305,000 by Blank, Mark/ Blank, Bonnie
Mortgage
5360 Southwest 59th Avenue in Miami, FL was first built in 1952 and is 72 years old. Although, the building on the property was most recently renovated and altered in 1986. 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 3 full bathrooms. There are 3 partial bathrooms. 5360 Southwest 59th Avenue has 4,382 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. In total, the area measurement of the land is 43,560 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. The home has a gable or hip style roof made of tile. 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 quality of the control joints have been graded by the local assessor with a letter grade of D. 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5360 Southwest 59th Avenue sold most recently in Jul 7, 2003 for a total of $400,000. If you work out the math, that's approximately a cost of $67.99 per sqft. Before that, the property was also sold for $810,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $13,027 in taxes each year. 5360 Southwest 59th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $771,948. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1986
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: D
  • 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
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 5,883
  • Gross Building Area: 5,883
  • Building Area: 4,382
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,382
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 24 54 40 1 AC S1/5 OF E1/2 OF NE1/4 OF SW1/4 OF SE1/4 LESS E25FT LOT SIZE 43,553 SQ FT M/L COC 21431-0559 07 2003 3

Ownership

  • Current Owner : POTTER GEORGE H
  • Current Owner 2: POTTER JONELL E
  • Previous Owner : WILSON GEORGE P
  • Previous Owner 2: WILSON LINDA A
  • Owner Before Previous Owner: MARK
  • Owner Before Previous Owner 2: BLANK BONNIE
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: UNINCORPORATED
  • Census Tract: 007601

Zoning

  • Zoning: 2300

Geography

  • Assessors Map Reference: 224
  • District: 30
  • Parcel: 30-4024-000-0570
  • Meridian: SEC 24 TWN 54S RNG 40E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 25.7208
  • Longitude: -80.2907

    Address

  • Full Address: 5360 Sw 59th Ave
  • Address - House Number: 5360
  • Street Direction: SW
  • Address - Street Name: 59th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami
  • Carrier Code: C002
  • 4-Digit Zip Code: 6360
  • Zip Code: 33155

Valuation

    Tax

  • Total Area: 4,477
  • Tax Year: 2023
  • Tax Amount: $13,027
  • Tax Rate Code Area: 3000

    Appraisal Valuation

  • Standard Deviation: 0.1787
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 2,387,250
  • High Value: 2,813,931
  • Low Value: 1,960,570

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $545,000
  • First Open Lien Mortgage Lender: MERRILL LYNCH CREDIT CORP
  • First Open Lien Mortgage Recording Date: Jul 16, 2003
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $320,000
  • First Open Lien Mortgage Term: 300
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2028
  • Second Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • Second Open Lien Mortgage Recording Date: Apr 22, 2020
  • Second Open Lien Mortgage Loan Amount: $225,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 01, 2040

    Market Valuation

  • Market Total Value: $1,495,359
  • Market Land Value: $1,000,000
  • Market Improvement Value: $495,359

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $771,948

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 07, 2003
  • Current Sale Recording Date: Jul 16, 2003
  • Current Sale Transaction ID: 11459900770
  • Current Sale Price: $400,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2003R0483806
  • Previous Sale Recording Date: Mar 05, 1998
  • Previous Sale Amount: $810,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MERRILL LYNCH CREDIT CORP
  • First Mortgage Transaction Date: Jul 16, 2003
  • First Mortgage Loan Amount: $320,000
  • First Mortgage Terms: 300
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Aug 01, 2028
  • Second Mortgage Loan Amount: $40,000

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BLANK, MARK/ BLANK, BONNIE
  • Previous Mortgage Transaction Date: Mar 05, 1998
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $305,000

About South Miami



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Frequently Asked Questions

What neighborhood is 5360 Southwest 59th Avenue located in?
The 5360 Southwest 59th Avenue is a located in the neighborhood of South Miami in South Miami, Miami.
What is the average sales price for listings in 5360 Southwest 59th Avenue?
The average sales price for units in 5360 Southwest 59th Avenue is $0 currently.

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