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600 Northeast 50th Terrace

600 Northeast 50th Terrace, Miami, FL 33137
Property in Park Plaza
Sold Feb 04, 2020
$1,230,000
$1,106,877 by Truist Bank
Mortgage Due Feb 01, 2035
Sold Jan 18, 2013
$800,000
$640,000 by Us Bank Na Nd
Mortgage Due Feb 01, 2043
600 Northeast 50th 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 1960 and is 64 years old. However, we must point out that the home was most recently renovated and altered in 1970. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 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, 600 Northeast 50th Terrace has 3,738 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 1,210 ft and across the front of the lot is 1,125 ft. The area measurement of the land has been determined as 13,613 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. Residents will have the luxury of enjoying a unknown. Love to swim? You'll be excited to find out that there is a both a pool and a spa 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. The building has a gable or hip style roof made of tile. The exterior walls of the building are made of concrete block. As for the floors, you'll see that the home has flooring throughout. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 600 Northeast 50th Terrace was last sold in Jan 29, 2020 for $1,230,000. According to our calculations, that's $304.38 per sqft. Prior to that sales transaction, the property was sold for $800,000 in Jan 16, 2013. Current property owners are expected to pay $22,875 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2012. The property on 600 Northeast 50th Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,050,170. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1970
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 13,613
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 1,125
  • Total Building Area: 4,041
  • Gross Building Area: 4,041
  • Building Area: 3,738
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,738
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARK PLAZA
  • Land Acres: 0.313
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARK PLAZA PB 44-61 LOT 5 & W1/2 OF LOT 6 & THAT PART OF TR A S & ADJ BLK 6 LOT SIZE 112.500 X 121 OR 18265-1956 0998 1 COC 22284-4115 04 2004 6

Ownership

  • Current Owner : BLASINI WILFREDO
  • Previous Owner : BEARZI ROBERTO
  • Previous Owner 2: BLANCO FIORELLA
  • Owner Before Previous Owner: DOW HENRY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 002100

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 175
  • District: 01
  • Subdivision Tract Number: A
  • Parcel: 01-3219-004-1030
  • Block: 6
  • Lot: 5,6
  • Meridian: SEC 19 TWN 53S RNG 42E
  • Municipality: MIAMI
  • Latitude: 25.8221
  • Longitude: -80.1833

    Address

  • Full Address: 600 Ne 50th Ter
  • Address - House Number: 600
  • Street Direction: NE
  • Address - Street Name: 50th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C066
  • 4-Digit Zip Code: 3023
  • Zip Code: 33137

Valuation

    Tax

  • Total Area: 3,671
  • Tax Year: 2023
  • Tax Amount: $22,875
  • Intital Tax Deliquent Year: 2012
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1931
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 2,202,545
  • High Value: 2,628,043
  • Low Value: 1,777,048

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,106,877
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Feb 04, 2020
  • First Open Lien Mortgage Loan Amount: $1,106,877
  • 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: Feb 01, 2035

    Market Valuation

  • Market Total Value: $1,944,140
  • Market Land Value: $1,496,828
  • Market Improvement Value: $447,312

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,050,170

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 29, 2020
  • Current Sale Recording Date: Feb 04, 2020
  • Current Sale Transaction ID: 11735355132
  • Current Sale Price: $1,230,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R0083168
  • Previous Sale Recording Date: Jan 18, 2013
  • Previous Sale Contract Date: Jan 16, 2013
  • Previous Sale Amount: $800,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: TRUIST BANK
  • First Mortgage Transaction Date: Feb 04, 2020
  • First Mortgage Loan Amount: $1,106,877
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA ND
  • Previous Mortgage Transaction Date: Jan 18, 2013
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $640,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Feb 01, 2043

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Frequently Asked Questions

What neighborhood is 600 Northeast 50th Terrace located in?
The 600 Northeast 50th Terrace is a located in the neighborhood of Park Plaza in Northern Miami, Miami.
What is the average sales price for listings in 600 Northeast 50th Terrace?
The average sales price for units in 600 Northeast 50th Terrace is $0 currently.

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