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541 Northeast 53rd Street

541 Northeast 53rd Street, Miami, FL 33137
Property in Park Plaza
Sold Mar 16, 2023
$2,200,000
$1,980,000 by Fifth Third Bank National Asso
Mortgage Due Apr 01, 2053
Sold Aug 25, 2014
$1,250,000
541 Northeast 53rd Street in Miami, FL was first built in 1951 and is 73 years old. Although, the building on the property was most recently renovated and altered in 2001. 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 4 full bathrooms. There are 4 partial bathrooms. 541 Northeast 53rd Street has 2,325 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 1,000 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 11,000 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. For those who need parking, there is a garage. The garage is 260 sqft. 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 combination of material. The property was last sold in Mar 9, 2023 for $2,200,000. That's $701.53 per sqft. Prior to that sales transaction, the property was also sold in Aug 22, 2014 for $1,250,000. 541 Northeast 53rd Street was last assessed in 2023. The total value of the property was assessed at $1,868,319. Specifically, the land the property is located on was valued at $1,209,725. While improvements on the property were assessed at a total of $658,594. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $40,553. 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! 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: 1951
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 260
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,000
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,136
  • Gross Building Area: 3,136
  • Building Area: 2,325
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,325
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK PLAZA
  • Land Acres: 0.253
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARK PLAZA PB 44-61 LOT 1 BLK 1 LOT SIZE 100.000 X 110 OR 19076-0286 04 2000 1

Ownership

  • Current Owner : MECHANIC OREN J
  • Current Owner 2: MECHANIC OLIVIA NIKOLLE
  • Previous Owner : GOLDSMITH JACOB
  • Previous Owner 2: GOLDSMITH LINDSEY P
  • Owner Before Previous Owner: STERN JONATHAN
  • Owner Before Previous Owner 2: STERN DANA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

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: 01-3219-004-0010
  • Block: 1
  • Lot: 1
  • Meridian: SEC 19 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.8254
  • Longitude: -80.184

    Address

  • Full Address: 541 Ne 53rd St
  • Address - House Number: 541
  • Street Direction: NE
  • Address - Street Name: 53rd
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C065
  • 4-Digit Zip Code: 3044
  • Zip Code: 33137

Valuation

    Tax

  • Total Area: 2,725
  • Tax Year: 2023
  • Tax Amount: $40,553
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1801
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 2,571,831
  • High Value: 3,035,089
  • Low Value: 2,108,573

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,980,000
  • First Open Lien Mortgage Lender: FIFTH THIRD BANK NATIONAL ASSO
  • First Open Lien Mortgage Recording Date: Mar 16, 2023
  • First Open Lien Mortgage Loan Amount: $1,980,000
  • 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: Apr 01, 2053

    Market Valuation

  • Market Total Value: $1,868,319
  • Market Land Value: $1,209,725
  • Market Improvement Value: $658,594

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,868,319
  • Assessed Land Value: $1,209,725
  • Assessed Improvements Value: $658,594

    Sales

  • Current Sale Contract Date: Mar 09, 2023
  • Current Sale Recording Date: Mar 16, 2023
  • Current Sale Transaction ID: 11904565078
  • Current Sale Price: $2,200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 179320
  • Previous Sale Recording Date: Aug 25, 2014
  • Previous Sale Contract Date: Aug 22, 2014
  • Previous Sale Amount: $1,250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD BANK NATIONAL ASSO
  • First Mortgage Transaction Date: Mar 16, 2023
  • First Mortgage Loan Amount: $1,980,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053

About Northern Miami



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Frequently Asked Questions

What neighborhood is 541 Northeast 53rd Street located in?
The 541 Northeast 53rd Street is a located in the neighborhood of Park Plaza in Northern Miami, Miami.
What is the average sales price for listings in 541 Northeast 53rd Street?
The average sales price for units in 541 Northeast 53rd Street is $0 currently.

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