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712 Palermo Avenue

712 Palermo Avenue, Miami, FL 33134
Property in Coral Gables
Sold Jun 23, 2005
$706,000
$100,000 by Pentagon Fcu
Mortgage Due Nov 30, 2049
Sold May 07, 2003
$392,500
$366,987 by Wells Fargo Home Mortgage Inc
Mortgage Due Jun 01, 2033
712 Palermo Avenue 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 1943 and is 81 years old. However, we must point out that the home was most recently renovated and altered in 1989. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 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, 712 Palermo Avenue has 1,619 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 2,000 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 7,000 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 94 sqft. Residents will have the luxury of enjoying a unknown. 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 exterior walls of the building are made of a combination of material. The property was last sold in Jun 21, 2005 for $706,000. That's $339.42 per sqft. Prior to that sales transaction, the property was also sold in Apr 29, 2003 for $392,500. 712 Palermo Avenue was last assessed in 2023. The total value of the property was assessed at $454,464. 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 $7,642. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 4
  • 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
  • Garage Type: Garage
  • Garage Square Area: 94
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,080
  • Gross Building Area: 2,080
  • Building Area: 1,619
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,619
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BILTMORE ADDN RESUB
  • Land Acres: 0.161
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BILTMORE ADDN RESUB BLKS 37-39-40 PB 42-50 LOT 3 BLK 39 LOT SIZE IRREGULAR OR 21229-0392 04 2003 1 COC 23506-0925 06 2005 1

Ownership

  • Current Owner : DUCKENFIELD DAVID A
  • Current Owner 2: LOPEZ CLAUDIA M
  • Previous Owner : DOWNS CHARLES R
  • Previous Owner 2: DOWNS ZOJAIM S
  • Owner Before Previous Owner: FUCHS KARL
  • Owner Before Previous Owner 2: FUCHS BRIGETTE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: CORAL GABLES
  • Census Tract: 006104

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 253
  • District: 03
  • Parcel: 03-4117-012-0170
  • Block: 37-39
  • Lot: 3
  • Meridian: SEC 17 TWN 54S RNG 41E
  • Municipality: CORAL GABLES
  • Latitude: 25.7445
  • Longitude: -80.2692

    Address

  • Full Address: 712 Palermo Ave
  • Address - House Number: 712
  • Address - Street Name: Palermo
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Coral Gables
  • Carrier Code: C047
  • 4-Digit Zip Code: 5618
  • Zip Code: 33134

Valuation

    Tax

  • Total Area: 1,804
  • Tax Year: 2023
  • Tax Amount: $7,642
  • Tax Rate Code Area: 300

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,391,485
  • High Value: 1,640,402
  • Low Value: 1,142,568

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: PENTAGON FCU
  • First Open Lien Mortgage Recording Date: Dec 26, 2019
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Nov 30, 2049

    Market Valuation

  • Market Total Value: $756,681
  • Market Land Value: $524,832
  • Market Improvement Value: $231,849

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $454,464

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 21, 2005
  • Current Sale Recording Date: Jun 23, 2005
  • Current Sale Transaction ID: 1078419003
  • Current Sale Price: $706,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2005R0652620
  • Previous Sale Recording Date: May 07, 2003
  • Previous Sale Contract Date: Apr 29, 2003
  • Previous Sale Amount: $392,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: USAA FSB
  • First Mortgage Transaction Date: Jun 23, 2005
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Jul 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO HOME MORTGAGE INC
  • Previous Mortgage Transaction Date: May 07, 2003
  • Previous Mortgage Loan Amount: $366,987
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jun 01, 2033

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Frequently Asked Questions

What neighborhood is 712 Palermo Avenue located in?
The 712 Palermo Avenue is a located in the neighborhood of Coral Gables in Coral Gables, Miami.
What is the average sales price for listings in 712 Palermo Avenue?
The average sales price for units in 712 Palermo Avenue is $0 currently.

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