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8505 Franjo Road

8505 Franjo Road, Miami, FL 33189
Sold Jan 31, 2018
Transfer
$116,958 by Prospect Mortgage Llc
Mortgage Due Apr 01, 2041
Sold Mar 25, 2011
$120,000
$116,958 by Prospect Mortgage Llc
Mortgage Due Apr 01, 2041
8505 Franjo Road has been categorized by the local assessors in Miami, FL as a residential type of property. The building on the property was first built in 1981 and is 43 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 8505 Franjo Road has 2,718 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,060 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a cluster style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 336 sqft. Residents will have the luxury of enjoying a unknown. The building has a rigid frame bar style roof made of materials that we aren't sure of. The exterior walls of the building 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. Before that, the property was also sold for $120,000 in Jan 12, 2011. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $6,693 in taxes each year. 8505 Franjo Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $179,258. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 336
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,060
  • Total Building Area: 3,300
  • Gross Building Area: 3,300
  • Building Area: 2,718
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,718
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SEA GRAPE TOWN HOMES
  • Land Acres: 0.093
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEA GRAPE TOWN HOMES PB 106-80 LOT 70 & PROP INT IN & TO COMMON ELEMENTS LOT SIZE 4060 SQ FT OR 16582-1032 1194 1 F/A/U 30-6010-016-0700

Ownership

  • Current Owner : DAVIS JANICE M
  • Previous Owner : DAVIS JANICE M
  • Previous Owner 2: DAVIS MATTHEW
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL TRUST COMPANY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: CUTLER BAY
  • Census Tract: 010613

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 360
  • District: 36
  • Parcel: 36-6010-016-0700
  • Lot: 70
  • Meridian: SEC 10 TWN 56S RNG 40E
  • Municipality: CUTLER BAY
  • Latitude: 25.5758
  • Longitude: -80.3279

    Address

  • Full Address: 8505 Franjo Rd
  • Address - House Number: 8505
  • Address - Street Name: Franjo
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Cutler Bay
  • Carrier Code: C044
  • 4-Digit Zip Code: 2517
  • Zip Code: 33189

Valuation

    Tax

  • Total Area: 2,784
  • Tax Year: 2023
  • Tax Amount: $6,693
  • Tax Rate Code Area: 3600

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 78
  • Final Value: 536,503
  • High Value: 627,719
  • Low Value: 445,287

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $126,544
  • First Open Lien Mortgage Lender: PROSPECT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Mar 25, 2011
  • First Open Lien Mortgage Loan Amount: $116,958
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2041
  • Second Open Lien Mortgage Lender: CARRINGTON MORTGAGE SERVICES L
  • Second Open Lien Mortgage Recording Date: Feb 18, 2021
  • Second Open Lien Mortgage Loan Amount: $9,586
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2041

    Market Valuation

  • Market Total Value: $406,455
  • Market Land Value: $129,920
  • Market Improvement Value: $276,535

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $179,258

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 22, 2018
  • Current Sale Recording Date: Jan 31, 2018
  • Current Sale Transaction ID: 11393427582
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 2018R0064794
  • Previous Sale Recording Date: Mar 25, 2011
  • Previous Sale Contract Date: Jan 12, 2011
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARRINGTON MORTGAGE SERVICES L
  • First Mortgage Transaction Date: Jan 31, 2018
  • First Mortgage Loan Amount: $101,987
  • First Mortgage Terms: 281
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: PROSPECT MORTGAGE LLC
  • Previous Mortgage Transaction Date: Mar 25, 2011
  • Previous Mortgage Loan Amount: $116,958
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2041

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Frequently Asked Questions

What neighborhood is 8505 Franjo Road located in?
The 8505 Franjo Road is a located in the neighborhood of Sea Grape Town Homes in Cutler Bay, Miami.
What is the average sales price for listings in 8505 Franjo Road?
The average sales price for units in 8505 Franjo Road is $0 currently.

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