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567 Northeast 55th Street

567 Northeast 55th Street, Miami, FL 33137
Property in Bayshore Plaza
Sold Jul 02, 2019
$1,883,000
$1,223,950 by First Republic Bank
Mortgage Due Jul 01, 2049
Sold Dec 19, 2016
$425,000
$400,000 by Yehuda Fishfeld Etux
Mortgage
567 Northeast 55th Street in Miami, FL was first built in 2019 and is 5 years old. This has been categorized as a residential property type. There are a total of 2 floors. 567 Northeast 55th Street has 3,634 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 1,100. In total, the area measurement of the land is 8,250 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 rigid frame bar style roof. The exterior walls of the home are made of concrete block. 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, 567 Northeast 55th Street was last sold in Jun 24, 2019 for $1,883,000. According to our calculations, that's $399.28 per sqft. Prior to that sales transaction, the property was sold for $425,000 in Dec 15, 2016. Current property owners are expected to pay $32,885 in taxes per year. The property on 567 Northeast 55th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,537,155. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 0
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Rigid frame bar
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,250
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 4,716
  • Gross Building Area: 4,716
  • Building Area: 3,634
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,634
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAYSHORE PLAZA RESUB
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 18 53 42 BAYSHORE PLAZA RESUB PB 39-51 LOT 28 LOT SIZE 8250 SQ FT M/L FAU 01 3218 028 0240

Ownership

  • Current Owner : KATARI SIDDARTH
  • Current Owner 2: KATARI NATALIE M N
  • Previous Owner : KESSOUS EYAL
  • Owner Before Previous Owner: BLUE MOON 549 LLC
  • 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

  • District: 01
  • Parcel: 01-3218-028-0250
  • Lot: 28
  • Meridian: SEC 18 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.8263
  • Longitude: -80.1833

    Address

  • Full Address: 567 Ne 55th St
  • Address - House Number: 567
  • Street Direction: NE
  • Address - Street Name: 55th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C065
  • 4-Digit Zip Code: 3005
  • Zip Code: 33137

Valuation

    Tax

  • Total Area: 3,910
  • Tax Year: 2023
  • Tax Amount: $32,885
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1354
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 3,002,955
  • High Value: 3,409,807
  • Low Value: 2,596,103

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $2,015,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Jul 02, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,223,950
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2049
  • Second Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • Second Open Lien Mortgage Recording Date: Jun 22, 2022
  • Second Open Lien Mortgage Loan Amount: $791,050
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jun 26, 2047

    Market Valuation

  • Market Total Value: $2,136,555
  • Market Land Value: $907,294
  • Market Improvement Value: $1,229,261

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,537,155

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 24, 2019
  • Current Sale Recording Date: Jul 02, 2019
  • Current Sale Transaction ID: 11622350339
  • Current Sale Price: $1,883,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019R0408370
  • Previous Sale Recording Date: Dec 19, 2016
  • Previous Sale Contract Date: Dec 15, 2016
  • Previous Sale Amount: $425,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Jul 02, 2019
  • First Mortgage Loan Amount: $1,223,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jul 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: YEHUDA FISHFELD ETUX
  • Previous Mortgage Transaction Date: Dec 19, 2016
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

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Frequently Asked Questions

What neighborhood is 567 Northeast 55th Street located in?
The 567 Northeast 55th Street is a located in the neighborhood of Bayshore Plaza in Northern Miami, Miami.
What is the average sales price for listings in 567 Northeast 55th Street?
The average sales price for units in 567 Northeast 55th Street is $0 currently.

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