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742 Northwest 188th Drive

742 Northwest 188th Drive, Miami, FL 33169
Property in Norwood
Sold Mar 11, 2015
$195,000
$185,250 by Paramount Residential Mortgage
Mortgage Due Mar 01, 2045
Sold Oct 29, 2014
$110,000
742 Northwest 188th Drive 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 1955 and is 69 years old. The home has a total of 3 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, 742 Northwest 188th Drive has 1,896 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a unknown that is 270 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 7,500 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 both a unknown and 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. 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, 742 Northwest 188th Drive sold most recently in Feb 26, 2014 for a total of $195,000. If you work out the math, that's approximately a cost of $83.98 per sqft. Before that, the property was also sold for $110,000 in Oct 23, 2014. 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 $5,631 in taxes each year. 742 Northwest 188th Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $165,368. 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: 1955
  • Effective Year Built: 1955
  • 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: 270
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,322
  • Gross Building Area: 2,322
  • Building Area: 1,896
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,896
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORWOOD 3 ADDN
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORWOOD 3 ADDN SEC 1 PB 57-26 LOT 4 BLK 40 LOT SIZE SITE VALUE OR 20497-4746 0602 1 F/A/U 30-2102-002-2000

Ownership

  • Current Owner : JOSEPH SMITH
  • Current Owner 2: JOSEPH MARIE JOSETTE
  • Previous Owner : SEWNARINE TRIBHWAN
  • Owner Before Previous Owner: MR ED CAPITAL CORP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI GARDENS
  • Census Tract: 009905

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 36
  • District: 34
  • Parcel: 34-2102-002-2000
  • Block: 40
  • Lot: 4
  • Meridian: SEC 02 TWN 52S RNG 41E
  • Municipality: MIAMI GARDENS
  • Latitude: 25.9467
  • Longitude: -80.2146

    Address

  • Full Address: 742 Nw 188th Dr
  • Address - House Number: 742
  • Street Direction: NW
  • Address - Street Name: 188th
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Miami
  • Carrier Code: C012
  • 4-Digit Zip Code: 3846
  • Zip Code: 33169

Valuation

    Tax

  • Total Area: 1,748
  • Tax Year: 2023
  • Tax Amount: $5,631
  • Tax Rate Code Area: 3400

    Appraisal Valuation

  • Standard Deviation: 0.1847
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 507,691
  • High Value: 601,499
  • Low Value: 413,883

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $185,250
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Mar 11, 2015
  • First Open Lien Mortgage Loan Amount: $185,250
  • 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: Mar 01, 2045

    Market Valuation

  • Market Total Value: $324,187
  • Market Land Value: $150,027
  • Market Improvement Value: $174,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,368

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 26, 2014
  • Current Sale Recording Date: Mar 11, 2015
  • Current Sale Transaction ID: 11458421134
  • Current Sale Price: $195,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015R0160149
  • Previous Sale Recording Date: Oct 29, 2014
  • Previous Sale Contract Date: Oct 23, 2014
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Mar 11, 2015
  • First Mortgage Loan Amount: $185,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2045

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Frequently Asked Questions

What neighborhood is 742 Northwest 188th Drive located in?
The 742 Northwest 188th Drive is a located in the neighborhood of Norwood in Miami Gardens, Miami.
What is the average sales price for listings in 742 Northwest 188th Drive?
The average sales price for units in 742 Northwest 188th Drive is $0 currently.

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