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7431 Southwest 88th Place

7431 Southwest 88th Place, Miami, FL 33173
Sold May 11, 2016
$665,000
$532,000 by Jpmorgan Chase Bank Na
Mortgage Due Jun 01, 2046
Sold Mar 10, 1999
$14,000
7431 Southwest 88th Place 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 1979 and is 45 years old. However, we must point out that the home was most recently renovated and altered in 1996. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7431 Southwest 88th Place has 3,589 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 16,100 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 a unknown. Love to swim? You'll be excited to find out that there is a pool on the property. 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, 7431 Southwest 88th Place sold most recently in May 4, 2016 for a total of $665,000. If you work out the math, that's approximately a cost of $142.92 per sqft. Before that, the property was also sold for $14,000 in Jan 1, 1970. 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 $9,462 in taxes each year. 7431 Southwest 88th Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $562,908. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1979
  • Effective Year Built: 1996
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 16,100
  • Total Building Area: 4,653
  • Gross Building Area: 4,653
  • Building Area: 3,589
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,589
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PINEGROVE ESTATES
  • Land Acres: 0.37
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PINEGROVE ESTATES SEC 2 PB 108-65 LOT 4 BLK 4 LOT SIZE 16100 SQ FT OR 18510-0014 0299 4 COC 24686-3170 03 2006 5

Ownership

  • Current Owner : HERNANDEZ JORGE A
  • Current Owner 2: FONG MONICA
  • Previous Owner : BALLESTEROS RAFAEL DIEGO
  • Previous Owner 2: BALLESTEROS ANAISYS
  • Owner Before Previous Owner: BALLESTEROS EUGENIO A
  • Owner Before Previous Owner 2: BALLESTEROS MARIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: UNINCORPORATED
  • Census Tract: 008423

Zoning

  • Zoning: 2100

Geography

  • Assessors Map Reference: 233
  • District: 30
  • Parcel: 30-4033-029-0120
  • Block: 4
  • Lot: 4
  • Meridian: SEC 33 TWN 54S RNG 40E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 25.6997
  • Longitude: -80.337

    Address

  • Full Address: 7431 Sw 88th Pl
  • Address - House Number: 7431
  • Street Direction: SW
  • Address - Street Name: 88th
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Miami
  • Carrier Code: C042
  • 4-Digit Zip Code: 3559
  • Zip Code: 33173

Valuation

    Tax

  • Total Area: 3,855
  • Tax Year: 2023
  • Tax Amount: $9,462
  • Tax Rate Code Area: 3000

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 1,329,093
  • High Value: 1,562,596
  • Low Value: 1,095,591

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $532,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: May 11, 2016
  • First Open Lien Mortgage Loan Amount: $532,000
  • 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: Jun 01, 2046

    Market Valuation

  • Market Total Value: $872,160
  • Market Land Value: $400,053
  • Market Improvement Value: $472,107

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $562,908

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 04, 2016
  • Current Sale Recording Date: May 11, 2016
  • Current Sale Transaction ID: 1542065678
  • Current Sale Price: $665,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016R0275880
  • Previous Sale Recording Date: Mar 10, 1999
  • Previous Sale Amount: $14,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: May 11, 2016
  • First Mortgage Loan Amount: $532,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2046

About Sunset



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Frequently Asked Questions

What neighborhood is 7431 Southwest 88th Place located in?
The 7431 Southwest 88th Place is a located in the neighborhood of Pinegrove Estates in Sunset, Miami.
What is the average sales price for listings in 7431 Southwest 88th Place?
The average sales price for units in 7431 Southwest 88th Place is $0 currently.

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