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7541 Cutlass Avenue

7541 Cutlass Avenue, Miami Beach, FL 33141
Property in Treasure Island
Sold Nov 02, 2022
$200,000
Sold Jul 22, 2020
$530,000
$424,000 by First Guaranty Mortgage Corp
Mortgage Due Aug 01, 2050
7541 Cutlass Avenue has been categorized by the local assessors in Miami Beach, FL as a residential type of property. The building on the property was first built in 1951 and is 73 years old. However, we must point out that the home was most recently renovated and altered in 1970. 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, 7541 Cutlass Avenue has 2,077 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,190 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 7,140 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. 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 building has a gable or hip style roof made of tile. The exterior walls of the building are made of a material which is produced from two or more constituent materials. As for the floors, you'll see that the home has flooring throughout. The property was last sold in Oct 28, 2022 for $200,000. That's $76.63 per sqft. Prior to that sales transaction, the property was also sold in Jul 13, 2020 for $530,000. 7541 Cutlass Avenue was last assessed in 2023. The total value of the property was assessed at $715,361. Specifically, the land the property is located on was valued at $521,168. While improvements on the property were assessed at a total of $194,193. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $14,846. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Concrete block
  • Exterior Walls Type: Composition
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Covered
  • 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: 2,610
  • Gross Building Area: 2,610
  • Building Area: 2,077
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,077
  • 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 5 BLK 5 LOT SIZE 60.000 X 119 OR 13730-1322 0688 4

Ownership

  • Current Owner : OCHOA ALLISON RACHAEL VILL
  • Current Owner 2: OCHOA GABRIELA MICHELLE
  • Previous Owner : VILLATORO OSMAN
  • Owner Before Previous Owner: NGUYEN TUNG DUE
  • Owner Before Previous Owner 2: NGUYEN LOAN DANG
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: 0600

Geography

  • District: 23
  • Parcel: 23-3209-009-1410
  • Block: 5
  • Lot: 5
  • Meridian: SEC 09 TWN 53S RNG 42E
  • Municipality: NORTH BAY VILLAGE
  • Latitude: 25.8464
  • Longitude: -80.1512

    Address

  • Full Address: 7541 Cutlass Ave
  • Address - House Number: 7541
  • 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: 2,223
  • Tax Year: 2023
  • Tax Amount: $14,846
  • Tax Rate Code Area: 2300

    Appraisal Valuation

  • Standard Deviation: 0.1807
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,047,671
  • High Value: 1,237,004
  • Low Value: 858,338

    Market Valuation

  • Market Total Value: $715,361
  • Market Land Value: $521,168
  • Market Improvement Value: $194,193

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $715,361
  • Assessed Land Value: $521,168
  • Assessed Improvements Value: $194,193

    Sales

  • Current Sale Contract Date: Oct 28, 2022
  • Current Sale Recording Date: Nov 02, 2022
  • Current Sale Transaction ID: 11898670806
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 835525
  • Previous Sale Recording Date: Jul 22, 2020
  • Previous Sale Contract Date: Jul 13, 2020
  • Previous Sale Amount: $530,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIRST GUARANTY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jul 22, 2020
  • Previous Mortgage Loan Amount: $424,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2050

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Frequently Asked Questions

What neighborhood is 7541 Cutlass Avenue located in?
The 7541 Cutlass Avenue is a located in the neighborhood of Treasure Island in North Bay Village, Miami Beach.
What is the average sales price for listings in 7541 Cutlass Avenue?
The average sales price for units in 7541 Cutlass Avenue is $0 currently.

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