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6535 Southwest 53rd Terrace

6535 Southwest 53rd Terrace, Miami, FL 33155
Property in Grandview Park
Sold Sep 22, 2021
$548,000
$520,600 by Loandepot.com Llc
Mortgage Due Oct 01, 2051
Sold Jul 11, 2013
$220,000
Seller
$198,000 by Jpmorgan Chase Bank Na
Mortgage Due Aug 01, 2043
6535 Southwest 53rd 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 1951 and is 73 years old. However, we must point out that the home was most recently renovated and altered in 1992. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 6535 Southwest 53rd Terrace has 1,163 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 1,500 ft and across the front of the lot is 665 ft. The area measurement of the land has been determined as 9,972 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. 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 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, 6535 Southwest 53rd Terrace sold most recently in Sep 10, 2021 for a total of $548,000. If you work out the math, that's approximately a cost of $461.67 per sqft. Before that, the property was also sold for $220,000 in Jul 8, 2013. 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 $10,874 in taxes each year. 6535 Southwest 53rd Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $557,133. 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. 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. 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: 1951
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: D
  • 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: 9,972
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 665
  • Total Building Area: 1,187
  • Gross Building Area: 1,187
  • Building Area: 1,163
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,163
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRANDVIEW PARK
  • Land Acres: 0.229
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 24 54 40 GRANDVIEW PARK PB 49-82 LOT 25 LOT SIZE 66.480 X 150

Ownership

  • Current Owner : LUQUE ROYCE ALLAN
  • Previous Owner : CARRERAS JASON
  • Owner Before Previous Owner: ORTIZ ROSA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: SOUTH MIAMI
  • Census Tract: 007607

Zoning

  • Zoning: 0800

Geography

  • Assessors Map Reference: 224
  • District: 09
  • Parcel: 09-4024-028-0250
  • Lot: 25
  • Meridian: SEC 24 TWN 54S RNG 40E
  • Municipality: SOUTH MIAMI
  • Latitude: 25.7209
  • Longitude: -80.301

    Address

  • Full Address: 6535 Sw 53rd Ter
  • Address - House Number: 6535
  • Street Direction: SW
  • Address - Street Name: 53rd
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C014
  • 4-Digit Zip Code: 6407
  • Zip Code: 33155

Valuation

    Tax

  • Total Area: 1,171
  • Tax Year: 2023
  • Tax Amount: $10,874
  • Tax Rate Code Area: 900

    Appraisal Valuation

  • Standard Deviation: 0.1729
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 876,461
  • High Value: 1,028,014
  • Low Value: 724,908

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $520,600
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Sep 22, 2021
  • First Open Lien Mortgage Loan Amount: $520,600
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $584,263
  • Market Land Value: $408,852
  • Market Improvement Value: $175,411

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $557,133

    Sales

  • Current Sale Contract Date: Sep 10, 2021
  • Current Sale Recording Date: Sep 22, 2021
  • Current Sale Transaction ID: 11858617584
  • Current Sale Price: $548,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0698864
  • Previous Sale Recording Date: Jul 11, 2013
  • Previous Sale Contract Date: Jul 08, 2013
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Sep 22, 2021
  • First Mortgage Loan Amount: $520,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Jul 11, 2013
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $198,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Aug 01, 2043

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Frequently Asked Questions

What neighborhood is 6535 Southwest 53rd Terrace located in?
The 6535 Southwest 53rd Terrace is a located in the neighborhood of Grandview Park in South Miami, Miami.
What is the average sales price for listings in 6535 Southwest 53rd Terrace?
The average sales price for units in 6535 Southwest 53rd Terrace is $0 currently.

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