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7575 Southwest 28th Terrace

7575 Southwest 28th Terrace, Miami, FL 33155
Property in Coral Terrace
Sold Jan 11, 2023
$390,000
$170,000 by Jmi Ventures Llc
Mortgage Due Feb 01, 2038
Sold Apr 20, 2022
$300,100
Local assessors in Miami, FL have categorized 7575 Southwest 28th Terrace as a residential type of property. The home was built in 1952 and is 72 years old. The property's lot size has been calculated to be 6,500 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 650 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 is one full bathroom. There is also a partial bathroom. 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 7575 Southwest 28th Terrace has a total of 936 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. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. Do you like to entertain? The home has a unknown so you'll have a great option in the 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. The building has a gable or hip style roof that was made of tile. Lots of a material which is produced from two or more constituent materials were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. The property was last sold in Jan 1, 2023 for $390,000. That's $327.18 per sqft. Prior to that sales transaction, the property was also sold in Apr 14, 2022 for $300,100. 7575 Southwest 28th Terrace was last assessed in 2023. The total value of the property was assessed at $368,521. Specifically, the land the property is located on was valued at $269,147. While improvements on the property were assessed at a total of $99,374. 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 $10,311. 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! 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: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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
  • Garage Type: Carport
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,192
  • Gross Building Area: 1,192
  • Building Area: 936
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 936
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CENTRAL MIAMI PART 7
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CENTRAL MIAMI PART 7 PB 20-25 W10FT LOT 21 & ALL LOT 22 & E5FT LOT 23 BLK 129 LOT SIZE 65.000 X 100 OR 21217-3787 0403 1

Ownership

  • Current Owner : GUSGLA LLC
  • Previous Owner : MILL CITY MORTGAGE LOAN TRUST
  • Owner Before Previous Owner: HUMBERTO GOMEZ DE MOLINA
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: UNINCORPORATED
  • Census Tract: 006002

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 214
  • District: 30
  • Parcel: 30-4014-009-1230
  • Block: 129
  • Lot: 21-23
  • Meridian: SEC 14 TWN 54S RNG 40E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 25.7441
  • Longitude: -80.3184

    Address

  • Full Address: 7575 Sw 28th Ter
  • Address - House Number: 7575
  • Street Direction: SW
  • Address - Street Name: 28th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C019
  • 4-Digit Zip Code: 2713
  • Zip Code: 33155

Valuation

    Tax

  • Total Area: 1,089
  • Tax Year: 2023
  • Tax Amount: $10,311
  • Tax Rate Code Area: 3000

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 598,305
  • High Value: 654,507
  • Low Value: 542,103

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $170,000
  • First Open Lien Mortgage Lender: JMI VENTURES LLC
  • First Open Lien Mortgage Recording Date: Jan 11, 2023
  • First Open Lien Mortgage Loan Amount: $170,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2038

    Market Valuation

  • Market Total Value: $368,521
  • Market Land Value: $269,147
  • Market Improvement Value: $99,374

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $368,521
  • Assessed Land Value: $269,147
  • Assessed Improvements Value: $99,374

    Sales

  • Current Sale Contract Date: Jan 01, 2023
  • Current Sale Recording Date: Jan 11, 2023
  • Current Sale Transaction ID: 11901236179
  • Current Sale Price: $390,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 22926
  • Previous Sale Recording Date: Apr 20, 2022
  • Previous Sale Contract Date: Apr 14, 2022
  • Previous Sale Amount: $300,100
  • Previous Sale Document Type: Certificate of Transfer

    Last Sale Mortgage

  • First Mortgage Lender: JMI VENTURES LLC
  • First Mortgage Transaction Date: Jan 11, 2023
  • First Mortgage Loan Amount: $170,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Feb 01, 2038

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Frequently Asked Questions

What neighborhood is 7575 Southwest 28th Terrace located in?
The 7575 Southwest 28th Terrace is a located in the neighborhood of Coral Terrace in Coral Terrace, Miami.
What is the average sales price for listings in 7575 Southwest 28th Terrace?
The average sales price for units in 7575 Southwest 28th Terrace is $0 currently.

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