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540 Tamiami Canal Road

540 Tamiami Canal Road, Miami, FL 33144
House in Flagami
Sold Apr 12, 2018
$317,300
$303,391 by Pennymac Loan Services Llc
Mortgage Due Jul 01, 2051
Sold Nov 06, 2015
$100
540 Tamiami Canal Road in Miami, FL was first built in 1950 and is 74 years old. Although, the building on the property was most recently renovated and altered in 1985. 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. 540 Tamiami Canal Road has 1,518 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 1,500. In total, the area measurement of the land is 7,500 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. 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 combination of material. 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, 540 Tamiami Canal Road was last sold in Apr 9, 2018 for $317,300. According to our calculations, that's $204.18 per sqft. Prior to that sales transaction, the property was sold for $100 in Nov 6, 2015. Current property owners are expected to pay $5,540 in taxes per year. The property on 540 Tamiami Canal Road was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $292,884. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,554
  • Gross Building Area: 1,554
  • Building Area: 1,518
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,518
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FLAGAMI
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2 54 40 FLAGAMI SEC B PB 10-51 LOTS 35 & 36 BLK 1 LOT SIZE SITE VALUE OR 19183-2409 06/2000 1 COC 25087-1522 10 2006 1

Ownership

  • Current Owner : RODRIGUEZ MAGDALENA
  • Current Owner 2: NASCO ARES
  • Previous Owner : PRESTIGE BRP I LLC
  • Owner Before Previous Owner: EZ 2 RENT HOMES 6 LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 005804

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 202
  • District: 01
  • Parcel: 01-4002-003-0200
  • Block: 1
  • Lot: 35,36
  • Meridian: SEC 02 TWN 54S RNG 40E
  • Municipality: MIAMI
  • Latitude: 25.7648
  • Longitude: -80.3173

    Address

  • Full Address: 540 Tamiami Canal Rd
  • Address - House Number: 540
  • Address - Street Name: Tamiami Canal
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Miami
  • Carrier Code: C037
  • 4-Digit Zip Code: 2549
  • Zip Code: 33144

Valuation

    Tax

  • Total Area: 1,299
  • Tax Year: 2023
  • Tax Amount: $5,540
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1822
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 620,890
  • High Value: 734,044
  • Low Value: 507,737

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $303,391
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Jun 28, 2021
  • First Open Lien Mortgage Loan Amount: $303,391
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $434,457
  • Market Land Value: $300,188
  • Market Improvement Value: $134,269

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $292,884

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 09, 2018
  • Current Sale Recording Date: Apr 12, 2018
  • Current Sale Transaction ID: 11449108651
  • Current Sale Price: $317,300
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018R0220568
  • Previous Sale Recording Date: Nov 06, 2015
  • Previous Sale Contract Date: Nov 06, 2015
  • Previous Sale Amount: $100
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Apr 12, 2018
  • First Mortgage Loan Amount: $311,493
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2048

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Frequently Asked Questions

What neighborhood is 540 Tamiami Canal Road located in?
The 540 Tamiami Canal Road is a house located in the neighborhood of Flagami in Western Miami, Miami.
What is the average sales price for listings in 540 Tamiami Canal Road?
The average sales price for units in 540 Tamiami Canal Road is $0 currently.

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