5681 Southwest 5th Terrace

Local assessors in Miami, FL have categorized 5681 Southwest 5th Terrace as a residential type of property. The home was built in 1948 and is 76 years old. It was most recently renovated and altered in 1988. The property's lot size has been calculated to be 5,200 square feet. The linear feet between the front and back of the lot was measured at 1,040 ft and the front of the lot was measured at 500 ft. 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, 3 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 5681 Southwest 5th Terrace has a total of 1,716 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. 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. The building has a gable or hip style roof that was made of tile. Lots of a material which is produced from two or more constituent materials were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. 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, 5681 Southwest 5th Terrace sold most recently in Sep 15, 2021 for a total of $150,000. If you work out the math, that's approximately a cost of $86.21 per sqft. Before that, the property was also sold for $410,000 in Apr 29, 2021. 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 $6,683 in taxes each year. 5681 Southwest 5th Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $329,979. 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.