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551 Northwest 41st Street

551 Northwest 41st Street, Miami, FL 33127
Property in Little Haiti
Local assessors in Miami, FL have categorized 551 Northwest 41st Street as a residential type of property. The home was built in 1925 and is 99 years old. It was most recently renovated and altered in 1998. The property's lot size has been calculated to be 5,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 551 Northwest 41st Street has a total of 2,906 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - E. The building has a gable or hip style roof that was made of tile. Lots of concrete block were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. 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, 551 Northwest 41st Street was last sold in May 25, 2022 for $824,900. According to our calculations, that's $278.87 per sqft. Prior to that sales transaction, the property was sold for $360,000 in Jun 27, 2019. Current property owners are expected to pay $14,187 in taxes per year. The property on 551 Northwest 41st Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $653,177. To break that down further, the land itself was valued at $284,994. While improvements to the property were assessed at a total of $368,183. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. 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!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.

Building Features

Exterior

Block Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220124
01/24/2022
Studio
-
2906 ft²
$824,900
bedrooms
Studio
bathrooms
-
square feet
2906 ft²
-
-
-
Neta Hirsch
The Agency Realty Corp

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1998
  • Building Count: 2
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: E
  • Construction Type: Concrete block
  • Building Style: Multifamily
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 2
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,958
  • Gross Building Area: 2,958
  • Building Area: 2,906
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,906
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAY VISTA PARK AMD PL
  • Land Acres: 0.115
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: 24 53 41 BAY VISTA PARK AMD PL PB 5-71 LOT 18 BLK 30 LOT SIZE 50.000 X 100 OR 10546-239 1179 5

Ownership

  • Current Owner : 551 NW 41 ST LLC
  • Previous Owner : TEVEL PROPERTIES LLC
  • Owner Before Previous Owner: NICOLAS MARIE PHILDA
  • 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: 002202

Zoning

  • Zoning: 0104

Geography

  • Assessors Map Reference: 151
  • District: 01
  • Parcel: 01-3124-003-1860
  • Block: 30
  • Lot: 18
  • Meridian: SEC 24 TWN 53S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.8141
  • Longitude: -80.2047

    Address

  • Full Address: 551 Nw 41st St
  • Address - House Number: 551
  • Street Direction: NW
  • Address - Street Name: 41st
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C028
  • 4-Digit Zip Code: 2833
  • Zip Code: 33127

Valuation

    Tax

  • Total Area: 2,864
  • Tax Year: 2023
  • Tax Amount: $14,187
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.4382
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 12
  • Final Value: 791,028
  • High Value: 1,137,707
  • Low Value: 444,348

    Market Valuation

  • Market Total Value: $653,177
  • Market Land Value: $284,994
  • Market Improvement Value: $368,183

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $653,177
  • Assessed Land Value: $284,994
  • Assessed Improvements Value: $368,183

    Sales

  • Current Sale Contract Date: May 25, 2022
  • Current Sale Recording Date: Jun 15, 2022
  • Current Sale Transaction ID: 11891089361
  • Current Sale Price: $824,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 486166
  • Previous Sale Recording Date: Jul 10, 2019
  • Previous Sale Contract Date: Jun 27, 2019
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: Personal Representatives Deed

About Northern Miami



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Frequently Asked Questions

What neighborhood is 551 Northwest 41st Street located in?
The 551 Northwest 41st Street is a located in the neighborhood of Little Haiti in Northern Miami, Miami.
What is the average sales price for listings in 551 Northwest 41st Street?
The average sales price for units in 551 Northwest 41st Street is $0 currently.

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