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637 Palmarito Court

637 Palmarito Court, Miami, FL 33134
Sold Dec 27, 2021
$1,308,000
$1,177,069 by Citibank Na
Mortgage Due Jan 01, 2052
Sold Aug 07, 2012
$790,000
$325,000 by City National Bank Of Florida
Mortgage Due Sep 01, 2042
Local assessors in Miami, FL have categorized 637 Palmarito Court as a residential type of property. The home was built in 1940 and is 84 years old. It was most recently renovated and altered in 1987. The property's lot size has been calculated to be 9,975 square feet. The linear feet between the front and back of the lot was measured at 2,100 ft and the front of the lot was measured at 950 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 3 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 637 Palmarito Court has a total of 2,920 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 back of the home. In addition, there is a both a pool and a spa on the property. Perfect for those who want to host pool parties over the summer. 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 concrete block were used in the construction of the exterior walls of the home. 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, 637 Palmarito Court sold most recently in Dec 17, 2021 for a total of $1,308,000. If you work out the math, that's approximately a cost of $378.03 per sqft. Before that, the property was also sold for $790,000 in Jul 30, 2012. 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 $20,287 in taxes each year. 637 Palmarito Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,145,154. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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: 1940
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 9,975
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 950
  • Total Building Area: 3,460
  • Gross Building Area: 3,460
  • Building Area: 2,920
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,920
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORAL GABLES COUNTRY CLUB
  • Land Acres: 0.229
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CORAL GABLES COUNTRY CLUB SEC 6 W20FT LOT 14 & ALL LOT 15 & E1/2 LOT 16 BLK 139 PB 20-1 LOT SIZE SITE VALUE OR 15762-1717 1292 1 COC 24572-0649 05 2006 1

Ownership

  • Current Owner : AIELLO JUSTIN
  • Previous Owner : MARIA ELENA LARRIEU DECLARATION OF TRUST
  • Owner Before Previous Owner: GONZALEZ VENANCIO
  • Owner Before Previous Owner 2: VAZQUEZ FRANCES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: CORAL GABLES
  • Census Tract: 007402

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 253
  • District: 03
  • Parcel: 03-4117-004-2200
  • Block: 139
  • Lot: 14-16
  • Meridian: SEC 17 TWN 54S RNG 41E
  • Municipality: CORAL GABLES
  • Latitude: 25.7377
  • Longitude: -80.2677

    Address

  • Full Address: 637 Palmarito Ct
  • Address - House Number: 637
  • Address - Street Name: Palmarito
  • Address - Suffix Type: Ct
  • State: FL
  • City Name: Miami
  • Carrier Code: C004
  • 4-Digit Zip Code: 7026
  • Zip Code: 33134

Valuation

    Tax

  • Total Area: 3,121
  • Tax Year: 2023
  • Tax Amount: $20,287
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,865,907
  • High Value: 2,199,692
  • Low Value: 1,532,122

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,177,069
  • First Open Lien Mortgage Lender: CITIBANK NA
  • First Open Lien Mortgage Recording Date: Dec 27, 2021
  • First Open Lien Mortgage Loan Amount: $1,177,069
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $1,265,952
  • Market Land Value: $748,254
  • Market Improvement Value: $517,698

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,145,154

    Sales

  • Current Sale Contract Date: Dec 17, 2021
  • Current Sale Recording Date: Dec 27, 2021
  • Current Sale Transaction ID: 11879702805
  • Current Sale Price: $1,308,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 965973
  • Previous Sale Recording Date: Aug 07, 2012
  • Previous Sale Contract Date: Jul 30, 2012
  • Previous Sale Amount: $790,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Dec 27, 2021
  • First Mortgage Loan Amount: $1,177,069
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: CITY NATIONAL BANK OF FLORIDA
  • Previous Mortgage Transaction Date: Aug 07, 2012
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $325,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2042

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Frequently Asked Questions

What neighborhood is 637 Palmarito Court located in?
The 637 Palmarito Court is a located in the neighborhood of Country Club Section in Country Club Section, Miami.
What is the average sales price for listings in 637 Palmarito Court?
The average sales price for units in 637 Palmarito Court is $0 currently.

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