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7540 Cutlass Avenue

7540 Cutlass Avenue, Miami Beach, FL 33141
Sold May 04, 2021
$650,000
$650,000 by Fifth Third Bank Na
Mortgage Due May 01, 2051
Sold Jan 18, 2011
Transfer
Local assessors in Miami Beach, FL have categorized 7540 Cutlass Avenue as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 7,140 square feet. The linear feet between the front and back of the lot was measured at 1,190 ft and the front of the lot was measured at 600 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7540 Cutlass Avenue has a total of 2,175 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Lots of a combination of material were used in the construction of the exterior walls of the home. 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, 7540 Cutlass Avenue sold most recently in Apr 17, 2021 for a total of $650,000. If you work out the math, that's approximately a cost of $291.35 per sqft. 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 $12,043 in taxes each year. 7540 Cutlass Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $588,297. 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. 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!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.

Building Features

Driveway

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

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • 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

    Dimensions

  • Lot Size Square Feet: 7,140
  • Lot Size Depth Feet: 1,190
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,231
  • Gross Building Area: 2,231
  • Building Area: 2,175
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,175
  • 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 26 BLK 4 LOT SIZE 60.000 X 119 OR 17646-3168 0597 1 COC 21424-2730 07 2003 1

Ownership

  • Current Owner : DUQUE YANAYRA BECERRA
  • Current Owner 2: CHIROLDE ELTY
  • Previous Owner : GARCIA MARIO J
  • Previous Owner 2: GARCIA MAGDELELIBIA F
  • Owner Before Previous Owner: ADEE AZRAD LLC
  • Is Owner Occupied: Owner-occupied property

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: 23-3209-009-1320
  • Block: 4
  • Lot: 26
  • Meridian: SEC 09 TWN 53S RNG 42E
  • Municipality: NORTH BAY VILLAGE
  • Latitude: 25.8464
  • Longitude: -80.1517

    Address

  • Full Address: 7540 Cutlass Ave
  • Address - House Number: 7540
  • Address - Street Name: Cutlass
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: North Bay Village
  • Carrier Code: C014
  • 4-Digit Zip Code: 4114
  • Zip Code: 33141

Valuation

    Tax

  • Total Area: 2,114
  • Tax Year: 2023
  • Tax Amount: $12,043
  • Tax Rate Code Area: 2300

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,102,911
  • High Value: 1,302,227
  • Low Value: 903,595

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $650,000
  • First Open Lien Mortgage Lender: FIFTH THIRD BANK NA
  • First Open Lien Mortgage Recording Date: May 04, 2021
  • First Open Lien Mortgage Loan Amount: $650,000
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $744,503
  • Market Land Value: $521,168
  • Market Improvement Value: $223,335

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $588,297

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 17, 2021
  • Current Sale Recording Date: May 04, 2021
  • Current Sale Transaction ID: 11835242154
  • Current Sale Price: $650,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0311832
  • Previous Sale Recording Date: Jan 18, 2011
  • Previous Sale Contract Date: Jan 12, 2011
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD BANK NA
  • First Mortgage Transaction Date: May 04, 2021
  • First Mortgage Loan Amount: $650,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

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Frequently Asked Questions

What neighborhood is 7540 Cutlass Avenue located in?
The 7540 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 7540 Cutlass Avenue?
The average sales price for units in 7540 Cutlass Avenue is $0 currently.

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