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5770 Southwest 2nd Terrace

5770 Southwest 2nd Terrace, Miami, FL 33144
Property in West Lawn
Refi Nov 15, 2017
Transfer
$214,700 by Stearns Lending Llc
Mortgage Due Nov 01, 2047
5770 Southwest 2nd 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 1978 and is 46 years old. However, we must point out that the home was most recently renovated and altered in 1979. 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, 5770 Southwest 2nd Terrace has 1,805 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 1,200 ft and across the front of the lot is 400 ft. The area measurement of the land has been determined as 4,800 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 carport for those who require parking. The garage measured 200 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. 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 concrete block. 5770 Southwest 2nd Terrace was last assessed in 2023. The total value of the property was assessed at $338,225. 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 $7,624. 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: 1978
  • Effective Year Built: 1979
  • 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: Concrete block
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 200
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 4,800
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,250
  • Gross Building Area: 2,250
  • Building Area: 1,805
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,805
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WESTLAWN
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WESTLAWN-CORR PLAT PB 9-3 LOT 20 BLK 2 LOT SIZE 40 X 120 OR 13443-203 0887 4

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 005806

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 201
  • District: 01
  • Parcel: 01-4001-017-0250
  • Block: 2
  • Lot: 20
  • Meridian: SEC 01 TWN 54S RNG 40E
  • Municipality: MIAMI
  • Latitude: 25.7683
  • Longitude: -80.2893

    Address

  • Full Address: 5770 Sw 2nd Ter
  • Address - House Number: 5770
  • Street Direction: SW
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C030
  • 4-Digit Zip Code: 3404
  • Zip Code: 33144

Valuation

    Tax

  • Total Area: 1,967
  • Tax Year: 2023
  • Tax Amount: $7,624
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1702
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 596,092
  • High Value: 697,580
  • Low Value: 494,604

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $214,700
  • First Open Lien Mortgage Lender: STEARNS LENDING LLC
  • First Open Lien Mortgage Recording Date: Nov 15, 2017
  • First Open Lien Mortgage Loan Amount: $214,700
  • 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: Nov 01, 2047

    Market Valuation

  • Market Total Value: $381,664
  • Market Land Value: $182,347
  • Market Improvement Value: $199,317

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $338,225

About Western Miami



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Frequently Asked Questions

What neighborhood is 5770 Southwest 2nd Terrace located in?
The 5770 Southwest 2nd Terrace is a located in the neighborhood of West Lawn in Western Miami, Miami.
What is the average sales price for listings in 5770 Southwest 2nd Terrace?
The average sales price for units in 5770 Southwest 2nd Terrace is $0 currently.

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