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7505 Cutlass Avenue

7505 Cutlass Avenue, Miami Beach, FL 33141
Sold Jun 23, 2020
$495,000
$647,200 by First Savings Bank
Mortgage Due May 01, 2052
7505 Cutlass Avenue in Miami Beach, FL was first built in 1951 and is 73 years old. Although, the building on the property was most recently renovated and altered in 1971. 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. 7505 Cutlass Avenue has 1,998 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 600 ft and the linear feet between the front and back of the lot is 1,190. In total, the area measurement of the land is 7,140 square feet.

Learn more about the property and building on this page. There is 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. 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. The property was last sold in Jun 15, 2020 for $495,000. That's $239.94 per sqft. 7505 Cutlass Avenue was last assessed in 2023. The total value of the property was assessed at $585,052. 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 $11,971. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Block Exterior

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1971
  • 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
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,140
  • Lot Size Depth Feet: 1,190
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,063
  • Gross Building Area: 2,063
  • Building Area: 1,998
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,998
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TREASURE ISLAND
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TREASURE ISLAND PB 50-67 LOT 14 BLK 5 LOT SIZE 60.000 X 119 OR 11529-1663 0782 6

Ownership

  • Current Owner : PEREZ CRYSTAL
  • Current Owner 2: RIVERO DAVID
  • Previous Owner : ALALU MOISES
  • Previous Owner 2: ALALU SULTANA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: NORTH BAY VIL
  • Census Tract: 003917

Zoning

  • Zoning: 0600

Geography

  • Assessors Map Reference: 170
  • District: 23
  • Parcel: 23-3209-009-1500
  • Block: 5
  • Lot: 14
  • Meridian: SEC 09 TWN 53S RNG 42E
  • Municipality: NORTH BAY VILLAGE
  • Latitude: 25.8449
  • Longitude: -80.1511

    Address

  • Full Address: 7505 Cutlass Ave
  • Address - House Number: 7505
  • Address - Street Name: Cutlass
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: North Bay Village
  • Carrier Code: C014
  • 4-Digit Zip Code: 4113
  • Zip Code: 33141

Valuation

    Tax

  • Total Area: 1,866
  • Tax Year: 2023
  • Tax Amount: $11,971
  • Tax Rate Code Area: 2300

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,019,905
  • High Value: 1,204,220
  • Low Value: 835,590

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $797,200
  • First Open Lien Mortgage Lender: FIRST SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Apr 29, 2022
  • First Open Lien Mortgage Loan Amount: $647,200
  • 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: May 01, 2052
  • Second Open Lien Mortgage Lender: MIAMI FIREFIGHTERS FCU
  • Second Open Lien Mortgage Recording Date: Jul 10, 2023
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jun 20, 2038

    Market Valuation

  • Market Total Value: $706,337
  • Market Land Value: $521,168
  • Market Improvement Value: $185,169

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $585,052

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 15, 2020
  • Current Sale Recording Date: Jun 23, 2020
  • Current Sale Transaction ID: 11769912582
  • Current Sale Price: $495,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R0348066

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Jun 23, 2020
  • First Mortgage Loan Amount: $470,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

About North Bay Village



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Frequently Asked Questions

What neighborhood is 7505 Cutlass Avenue located in?
The 7505 Cutlass Avenue is a house located in the neighborhood of Treasure Island in North Bay Village, Miami Beach.
What is the average sales price for listings in 7505 Cutlass Avenue?
The average sales price for units in 7505 Cutlass Avenue is $0 currently.

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