7940 Northwest 196th Terrace
7940 Northwest 196th Terrace, Hialeah, FL 33015
Property
in
Spanish Lakes
Sold Dec 11, 2020
$455,000
Buyer
Seller
$432,250
by Primary Residential Mortgage I
Mortgage Due Jan 01, 2051
Sold Aug 29, 1997
$144,000
Buyer
Seller
$115,150
by Imperial Home Loans Inc
Mortgage
7940 Northwest 196th Terrace in Hialeah, FL was first built in 1997 and is 27 years old.
This has been categorized as a residential property type.
For those interested in architecture, the building on the property was built in a cluster style.
There are a total of 2 floors.
There are a total of 0 rooms in the home, of which, 4 are bedrooms.
In terms of bathrooms, there are a total of 2 full bathrooms.
There are 2 partial bathrooms.
7940 Northwest 196th Terrace has 2,168 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.
In total, the area measurement of the land is 4,223 square feet.
Learn more about the property and building on this page. There is a unknown and a unknown. The home has a rigid frame bar style roof made of materials that we aren't sure of. For those who need parking, there is a garage. The garage is 290 sqft. The exterior walls of the home are made of concrete block. 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, 7940 Northwest 196th Terrace sold most recently in Dec 1, 2020 for a total of $455,000. If you work out the math, that's approximately a cost of $171.25 per sqft. Before that, the property was also sold for $144,000 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 $5,495 in taxes each year. 7940 Northwest 196th Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $329,829. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.
Learn more about the property and building on this page. There is a unknown and a unknown. The home has a rigid frame bar style roof made of materials that we aren't sure of. For those who need parking, there is a garage. The garage is 290 sqft. The exterior walls of the home are made of concrete block. 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, 7940 Northwest 196th Terrace sold most recently in Dec 1, 2020 for a total of $455,000. If you work out the math, that's approximately a cost of $171.25 per sqft. Before that, the property was also sold for $144,000 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 $5,495 in taxes each year. 7940 Northwest 196th Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $329,829. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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
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Building
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About Spanish Lakes
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