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580 West 50th Street

580 West 50th Street, Miami Beach, FL 33140
Property in Lake View
Sold Oct 28, 2004
$680,000
$417,000 by Quicken Loans Llc
Mortgage Due Oct 01, 2035
Sold Jun 03, 1997
$213,000
$170,000 by First Town Mortgage Corp
Mortgage
580 West 50th Street in Miami Beach, FL was first built in 1950 and is 74 years old. Although, the building on the property was most recently renovated and altered in 1970. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 580 West 50th Street has 1,752 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 500 ft and the linear feet between the front and back of the lot is 1,290. In total, the area measurement of the land is 6,450 square feet.

Learn more about the property and building on this page. There is a unknown and 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. For those who need parking, there is a garage. The garage is 144 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The exterior walls of the home are made of a combination of material. 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, 580 West 50th Street sold most recently in Oct 20, 2004 for a total of $680,000. If you work out the math, that's approximately a cost of $325.05 per sqft. Before that, the property was also sold for $213,000 in Jan 1, 1970. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,348 in taxes each year. 580 West 50th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $535,815. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 144
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,450
  • Lot Size Depth Feet: 1,290
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,092
  • Gross Building Area: 2,092
  • Building Area: 1,752
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,752
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE VIEW SUB
  • Land Acres: 0.148
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE VIEW SUB PB 14-42 LOT 4 BLK 27 LOT SIZE 50.000 X 129 OR 17662-0332 0597 1 COC 22772-3816 10 2004 1

Ownership

  • Current Owner : FERRERO CARR ROSARIO
  • Current Owner 2: CARR THOMAS
  • Previous Owner : WOOD RICHARD
  • Previous Owner 2: BURKS DARELL
  • Owner Before Previous Owner: SCHENK HAROLD J
  • Owner Before Previous Owner 2: SCHENK ELEANOR
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI BEACH
  • Census Tract: 003906

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 176
  • District: 02
  • Parcel: 02-3222-022-0840
  • Block: 27
  • Lot: 4
  • Meridian: SEC 22 TWN 53S RNG 42E
  • Municipality: MIAMI BEACH
  • Latitude: 25.8261
  • Longitude: -80.1284

    Address

  • Full Address: 580 W 50th St
  • Address - House Number: 580
  • Street Direction: W
  • Address - Street Name: 50th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami Beach
  • Carrier Code: C015
  • 4-Digit Zip Code: 2606
  • Zip Code: 33140

Valuation

    Tax

  • Total Area: 1,805
  • Tax Year: 2023
  • Tax Amount: $9,348
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 2,020,453
  • High Value: 2,386,024
  • Low Value: 1,654,881

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Oct 13, 2020
  • First Open Lien Mortgage Loan Amount: $417,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2035

    Market Valuation

  • Market Total Value: $1,486,661
  • Market Land Value: $1,289,764
  • Market Improvement Value: $196,897

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $535,815

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 20, 2004
  • Current Sale Recording Date: Oct 28, 2004
  • Current Sale Transaction ID: 11460090604
  • Current Sale Price: $680,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2004R0952553
  • Previous Sale Recording Date: Jun 03, 1997
  • Previous Sale Amount: $213,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Oct 28, 2004
  • First Mortgage Loan Amount: $544,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Nov 01, 2034

    Previous Mortgages

  • Previous Mortgage Lender: FIRST TOWN MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 03, 1997
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $170,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Balloon

About La Gorce



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Frequently Asked Questions

What neighborhood is 580 West 50th Street located in?
The 580 West 50th Street is a located in the neighborhood of Lake View in La Gorce, Miami Beach.
What is the average sales price for listings in 580 West 50th Street?
The average sales price for units in 580 West 50th Street is $0 currently.

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