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7955 Northwest 198th Terrace

7955 Northwest 198th Terrace, Hialeah, FL 33015
Property in Spanish Lakes
Sold Feb 22, 2021
$155,500
Sold Feb 17, 2017
$340,000
$333,841 by Columbus Capital Lending Llc
Mortgage Due Mar 01, 2047
7955 Northwest 198th Terrace in Hialeah, FL was first built in 2001 and is 23 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. It is a single story home. 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. 7955 Northwest 198th Terrace has 1,851 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 4,700 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 269 sqft. The exterior walls of the home are made of concrete block. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7955 Northwest 198th Terrace was last sold in Feb 12, 2021 for $155,500. According to our calculations, that's $64.44 per sqft. Prior to that sales transaction, the property was sold for $340,000 in Feb 7, 2017. Current property owners are expected to pay $8,557 in taxes per year. The property on 7955 Northwest 198th Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $469,172. To break that down further, the land itself was valued at $171,550. While improvements to the property were assessed at a total of $297,622. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Style: Cluster
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Rigid frame bar
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 269
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,700
  • Total Building Area: 2,413
  • Gross Building Area: 2,413
  • Building Area: 1,851
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,851
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SPANISH LAKES 2ND ADDN
  • Land Acres: 0.108
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SPANISH LAKES 2ND ADDN PB 155-55 T-19513 LOT 66 BLK 6 LOT SIZE 4700 SQ FT FAU 30-2003-001-0060 0061 & 0070 OR 19956-2500 1001 1 COC 22521-4005 07 2004 1

Ownership

  • Current Owner : LOPEZ ANA F
  • Current Owner 2: CONTRERAS ANA FRANCISCA
  • Previous Owner : FERNANDEZ FIDEL
  • Previous Owner 2: FERNANDEZ DANNIE
  • Owner Before Previous Owner: UNIVERSAL HOMES LLC

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: UNINCORPORATED
  • Census Tract: 012302

Zoning

  • Zoning: 0101

Geography

  • Assessors Map Reference: 21
  • District: 30
  • Parcel: 30-2003-045-0440
  • Block: 6
  • Lot: 66
  • Meridian: SEC 03 TWN 52S RNG 40E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 25.9539
  • Longitude: -80.3319

    Address

  • Full Address: 7955 Nw 198th Ter
  • Address - House Number: 7955
  • Street Direction: NW
  • Address - Street Name: 198th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Hialeah
  • Carrier Code: C032
  • 4-Digit Zip Code: 6385
  • Zip Code: 33015

Valuation

    Tax

  • Total Area: 2,199
  • Tax Year: 2023
  • Tax Amount: $8,557
  • Tax Rate Code Area: 3000

    Appraisal Valuation

  • Standard Deviation: 0.1684
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 700,798
  • High Value: 818,872
  • Low Value: 582,723

    Market Valuation

  • Market Total Value: $469,172
  • Market Land Value: $171,550
  • Market Improvement Value: $297,622

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $469,172
  • Assessed Land Value: $171,550
  • Assessed Improvements Value: $297,622

    Sales

  • Current Sale Contract Date: Feb 12, 2021
  • Current Sale Recording Date: Feb 22, 2021
  • Current Sale Transaction ID: 11823878672
  • Current Sale Price: $155,500
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 2021R0133564
  • Previous Sale Recording Date: Feb 17, 2017
  • Previous Sale Contract Date: Feb 07, 2017
  • Previous Sale Amount: $340,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Feb 22, 2021
  • First Mortgage Loan Amount: $331,298
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: COLUMBUS CAPITAL LENDING LLC
  • Previous Mortgage Transaction Date: Feb 17, 2017
  • Previous Mortgage Loan Amount: $333,841
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2047

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Frequently Asked Questions

What neighborhood is 7955 Northwest 198th Terrace located in?
The 7955 Northwest 198th Terrace is a located in the neighborhood of Spanish Lakes in Spanish Lakes, Hialeah.
What is the average sales price for listings in 7955 Northwest 198th Terrace?
The average sales price for units in 7955 Northwest 198th Terrace is $0 currently.

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