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5731 Southwest 53rd Terrace

5731 Southwest 53rd Terrace, Miami, FL 33155
Sold Apr 10, 2020
$640,000
$416,500 by Fairway Independent Mortgage C
Mortgage Due Apr 01, 2050
Sold Jun 16, 2007
$597,000
$477,600 by Great Florida Bank
Mortgage Due Jul 01, 2037
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5731 Southwest 53rd Terrace has been categorized by the local assessors in Miami, FL as a residential type of property. The building on the property was first built in 1959 and is 65 years old. However, we must point out that the home was most recently renovated and altered in 2018. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5731 Southwest 53rd Terrace has 1,796 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,410 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 10,575 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 184 sqft. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete block control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The exterior walls of the building are made of a combination of material. The property was last sold in Mar 31, 2020 for $640,000. That's $263.92 per sqft. Prior to that sales transaction, the property was also sold in Jun 8, 2007 for $597,000. 5731 Southwest 53rd Terrace was last assessed in 2023. The total value of the property was assessed at $553,523. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $9,836. 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! 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.

Building Features

Exterior

Block Exterior

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 184
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,575
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,425
  • Gross Building Area: 2,425
  • Building Area: 1,796
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,796
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVIERA PINES
  • Land Acres: 0.243
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 24 54 40 RIVIERA PINES PB 22-20 LOT 12 & E15FT OF SW 57 CT LYG W & ADJ CLOSED PER R-100-84-6054 LOT SIZE IRREGULAR COC 25707-1699 06 2007 1

Ownership

  • Current Owner : DELATOUR KARL
  • Current Owner 2: DELATOUR ISABELLE
  • Previous Owner : GARCIA BARBARA
  • Owner Before Previous Owner: WOLTER ROBERT
  • Owner Before Previous Owner 2: WOLTER ROXANNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: SOUTH MIAMI
  • Census Tract: 007601

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 224
  • District: 09
  • Parcel: 09-4024-032-0070
  • Lot: 12
  • Meridian: SEC 24 TWN 54S RNG 40E
  • Municipality: SOUTH MIAMI
  • Latitude: 25.7215
  • Longitude: -80.2867

    Address

  • Full Address: 5731 Sw 53rd Ter
  • Address - House Number: 5731
  • Street Direction: SW
  • Address - Street Name: 53rd
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C002
  • 4-Digit Zip Code: 6333
  • Zip Code: 33155

Valuation

    Tax

  • Total Area: 1,935
  • Tax Year: 2023
  • Tax Amount: $9,836
  • Tax Rate Code Area: 900

    Appraisal Valuation

  • Standard Deviation: 0.1883
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 75
  • Final Value: 1,116,623
  • High Value: 1,326,949
  • Low Value: 906,296

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $416,500
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Apr 10, 2020
  • First Open Lien Mortgage Loan Amount: $416,500
  • 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, 2050

    Market Valuation

  • Market Total Value: $670,101
  • Market Land Value: $451,875
  • Market Improvement Value: $218,226

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $553,523

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 31, 2020
  • Current Sale Recording Date: Apr 10, 2020
  • Current Sale Transaction ID: 11755308563
  • Current Sale Price: $640,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R0220233
  • Previous Sale Recording Date: Jun 16, 2007
  • Previous Sale Contract Date: Jun 08, 2007
  • Previous Sale Amount: $597,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Apr 10, 2020
  • First Mortgage Loan Amount: $416,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: GREAT FLORIDA BANK
  • Previous Mortgage Transaction Date: Jun 16, 2007
  • Previous Mortgage Loan Amount: $477,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jul 01, 2037

About South Miami



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$3,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,066 ft²
Listing by Romina Benesch

Frequently Asked Questions

What neighborhood is 5731 Southwest 53rd Terrace located in?
The 5731 Southwest 53rd Terrace is a house located in the neighborhood of Riviera Pines in South Miami, Miami.
What is the average sales price for listings in 5731 Southwest 53rd Terrace?
The average sales price for units in 5731 Southwest 53rd Terrace is $0 currently.

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