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7330 Southwest 140th Terrace

7330 Southwest 140th Terrace, Miami, FL 33158
Sold Jun 20, 2008
$465,000
$366,000 by Ardent Fcu
Mortgage Due Sep 01, 2035
Sold Aug 05, 1994
$240,000
7330 Southwest 140th Terrace in Miami, FL was first built in 1964 and is 60 years old. Although, the building on the property was most recently renovated and altered in 1984. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 7330 Southwest 140th Terrace has 2,034 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,210 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 15,125 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. For those who need parking, there is a garage. The garage is 253 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with concrete block control joints. The exterior walls of the home 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, 7330 Southwest 140th Terrace sold most recently in May 23, 2008 for a total of $465,000. If you work out the math, that's approximately a cost of $138.35 per sqft. Before that, the property was also sold for $240,000 in Jul 30, 1994. 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 $4,783 in taxes each year. 7330 Southwest 140th Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $278,847. 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: 1964
  • Effective Year Built: 1984
  • 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
  • Garage Type: Garage
  • Garage Square Area: 253
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,125
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 1,210
  • Total Building Area: 3,361
  • Gross Building Area: 3,361
  • Building Area: 2,034
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,034
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TANGLEWOOD GARDENS
  • Land Acres: 0.347
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 23 55 40 TANGLEWOOD GARDENS PB 68-66 LOT 7 BLK 9 LOT SIZE 121.000 X 125 OR 16466-4307 0794 1 F/A/U 30-5023-009-0780 COC 26441-3675 05 2008 1

Ownership

  • Current Owner : JACOBELLIS NATALIE L
  • Current Owner 2: TALAS RONNIE M
  • Previous Owner : REVOCABL MCLELLAN JOHN WILLIAM
  • Owner Before Previous Owner: GALGANO JAMES V
  • Owner Before Previous Owner 2: GALGANO CATHERINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: PALMETTO BAY
  • Census Tract: 008205

Zoning

  • Zoning: 2100

Geography

  • Assessors Map Reference: 306
  • District: 33
  • Parcel: 33-5023-009-0780
  • Block: 9
  • Lot: 7
  • Meridian: SEC 23 TWN 55S RNG 40E
  • Municipality: PALMETTO BAY
  • Latitude: 25.6401
  • Longitude: -80.312

    Address

  • Full Address: 7330 Sw 140th Ter
  • Address - House Number: 7330
  • Street Direction: SW
  • Address - Street Name: 140th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Palmetto Bay
  • Carrier Code: C041
  • 4-Digit Zip Code: 1268
  • Zip Code: 33158

Valuation

    Tax

  • Total Area: 2,574
  • Tax Year: 2023
  • Tax Amount: $4,783
  • Tax Rate Code Area: 3300

    Appraisal Valuation

  • Standard Deviation: 0.1778
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 1,176,430
  • High Value: 1,385,643
  • Low Value: 967,218

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $471,000
  • First Open Lien Mortgage Lender: ARDENT FCU
  • First Open Lien Mortgage Recording Date: Aug 21, 2020
  • First Open Lien Mortgage Loan Amount: $366,000
  • 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: Sep 01, 2035
  • Second Open Lien Mortgage Lender: ARDENT FEDERAL CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Apr 10, 2023
  • Second Open Lien Mortgage Loan Amount: $105,000
  • Second Open Lien Mortgage Term: 262
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Mar 23, 2045

    Market Valuation

  • Market Total Value: $703,507
  • Market Land Value: $391,625
  • Market Improvement Value: $311,882

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $278,847

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 23, 2008
  • Current Sale Recording Date: Jun 20, 2008
  • Current Sale Transaction ID: 11457736879
  • Current Sale Price: $465,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2008R0509867
  • Previous Sale Recording Date: Aug 05, 1994
  • Previous Sale Contract Date: Jul 30, 1994
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 20, 2008
  • First Mortgage Loan Amount: $395,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jun 01, 2038

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Frequently Asked Questions

What neighborhood is 7330 Southwest 140th Terrace located in?
The 7330 Southwest 140th Terrace is a located in the neighborhood of Tanglewood Gardens in Palmetto Bay, Miami.
What is the average sales price for listings in 7330 Southwest 140th Terrace?
The average sales price for units in 7330 Southwest 140th Terrace is $0 currently.

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