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5929 Southwest 16th Terrace

5929 Southwest 16th Terrace, Miami, FL 33155
Sold Nov 09, 2021
$515,000
$412,000 by Paramount Residential Mortgage
Mortgage Due Dec 01, 2051
Sold Apr 08, 2020
$395,000
$375,250 by Tiaa Fsb Holdings Inc
Mortgage Due Apr 01, 2050
Local assessors in Miami, FL have categorized 5929 Southwest 16th Terrace as a residential type of property. The home was built in 1954 and is 70 years old. It was most recently renovated and altered in 1987. The property's lot size has been calculated to be 7,081 square feet. The linear feet between the front and back of the lot was measured at 880 ft and the front of the lot was measured at 805 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 5929 Southwest 16th Terrace has a total of 1,906 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. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. 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. Lots of a combination of material were used in the construction of the exterior walls of the home. The property was last sold in Nov 1, 2021 for $515,000. That's $270.20 per sqft. Prior to that sales transaction, the property was also sold in Mar 27, 2020 for $395,000. 5929 Southwest 16th Terrace was last assessed in 2023. The total value of the property was assessed at $481,095. 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 $9,261. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

Condition

New Construction

Exterior

Block Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,081
  • Lot Size Depth Feet: 880
  • Lot Size Frontage Feet: 805
  • Total Building Area: 1,906
  • Gross Building Area: 1,906
  • Building Area: 1,906
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,906
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CALVERT MANORS
  • Land Acres: 0.163
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CALVERT MANORS PB 55-54 LOT 14 BLK 8 LOT SIZE 80.470 X 88 OR 13004-2767 0886 1

Ownership

  • Current Owner : BLANCO ARIEL JORGE
  • Current Owner 2: LEE HONG YEE
  • Previous Owner : ALVAREZ ADRIAN L
  • Previous Owner 2: FRANCO ANA MARIA
  • Owner Before Previous Owner: MOLINA DANIEL A
  • Owner Before Previous Owner 2: MOLINA AGUSTINA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: WEST MIAMI
  • Census Tract: 005904

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 212
  • District: 15
  • Parcel: 15-4012-033-0300
  • Block: 8
  • Lot: 14
  • Meridian: SEC 12 TWN 54S RNG 40E
  • Municipality: WEST MIAMI
  • Latitude: 25.7557
  • Longitude: -80.2921

    Address

  • Full Address: 5929 Sw 16th Ter
  • Address - House Number: 5929
  • Street Direction: SW
  • Address - Street Name: 16th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C015
  • 4-Digit Zip Code: 2112
  • Zip Code: 33155

Valuation

    Tax

  • Total Area: 1,877
  • Tax Year: 2023
  • Tax Amount: $9,261
  • Tax Rate Code Area: 1500

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 746,747
  • High Value: 875,870
  • Low Value: 617,623

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $412,000
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 09, 2021
  • First Open Lien Mortgage Loan Amount: $412,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $520,248
  • Market Land Value: $288,022
  • Market Improvement Value: $232,226

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $481,095

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 01, 2021
  • Current Sale Recording Date: Nov 09, 2021
  • Current Sale Transaction ID: 11869599905
  • Current Sale Price: $515,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0843396
  • Previous Sale Recording Date: Apr 08, 2020
  • Previous Sale Contract Date: Mar 27, 2020
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Nov 09, 2021
  • First Mortgage Loan Amount: $412,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: TIAA FSB HOLDINGS INC
  • Previous Mortgage Transaction Date: Apr 08, 2020
  • Previous Mortgage Loan Amount: $375,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2050

About Coral Terrace



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Frequently Asked Questions

What neighborhood is 5929 Southwest 16th Terrace located in?
The 5929 Southwest 16th Terrace is a house located in the neighborhood of Calvert Manors in Coral Terrace, Miami.
What is the average sales price for listings in 5929 Southwest 16th Terrace?
The average sales price for units in 5929 Southwest 16th Terrace is $0 currently.

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