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6627 Southwest 63rd Terrace

6627 Southwest 63rd Terrace, Miami, FL 33143
Property in Nuevo Mundo
Sold Jul 05, 2016
$580,000
$464,000 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2046
Sold Jan 29, 2007
$560,000
$504,000 by Fremont Investment & Loan
Mortgage Due Feb 01, 2037
Local assessors in Miami, FL have categorized 6627 Southwest 63rd Terrace as a residential type of property. The home was built in 1957 and is 67 years old. It was most recently renovated and altered in 2000. The property's lot size has been calculated to be 10,800 square feet. The linear feet between the front and back of the lot was measured at 1,080 ft and the front of the lot was measured at 1,000 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 are 2 full bathrooms. There are also 2 partial bathrooms. 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 6627 Southwest 63rd Terrace has a total of 1,922 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. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - E. Lots of a combination of material were used in the construction of the exterior walls of the home. The property was last sold in Jun 30, 2016 for $580,000. That's $233.03 per sqft. Prior to that sales transaction, the property was also sold in Jan 12, 2007 for $560,000. 6627 Southwest 63rd Terrace was last assessed in 2023. The total value of the property was assessed at $380,514. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,533. 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: 1957
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: E
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,800
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,489
  • Gross Building Area: 2,489
  • Building Area: 1,922
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,922
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NUEVO MUNDO 1ST ADDN
  • Land Acres: 0.248
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NUEVO MUNDO 1ST ADDN PB 63-20 LOT 5 BLK 4 LOT SIZE 100.000 X 108 OR 21146-2868 03/2003 1 COC 25318-1149 01 2007 1

Ownership

  • Current Owner : MORALES ARMANDO
  • Current Owner 2: MORALES DIANA C
  • Previous Owner : FERNANDEZ HECTOR C
  • Previous Owner 2: FERNANDEZ LISSETE U
  • Owner Before Previous Owner: BUZINEC PAUL A
  • Owner Before Previous Owner 2: BUZINEC HAZEL I
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: SOUTH MIAMI
  • Census Tract: 007608

Zoning

  • Zoning: 0800

Geography

  • Assessors Map Reference: 225
  • District: 09
  • Parcel: 09-4025-045-0080
  • Block: 4
  • Lot: 5
  • Meridian: SEC 25 TWN 54S RNG 40E
  • Municipality: SOUTH MIAMI
  • Latitude: 25.712
  • Longitude: -80.3014

    Address

  • Full Address: 6627 Sw 63rd Ter
  • Address - House Number: 6627
  • Street Direction: SW
  • Address - Street Name: 63rd
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: South Miami
  • Carrier Code: C043
  • 4-Digit Zip Code: 2022
  • Zip Code: 33143

Valuation

    Tax

  • Total Area: 2,050
  • Tax Year: 2023
  • Tax Amount: $6,533
  • Tax Rate Code Area: 900

    Appraisal Valuation

  • Standard Deviation: 0.1804
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,149,447
  • High Value: 1,356,854
  • Low Value: 942,041

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $551,891
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 05, 2016
  • First Open Lien Mortgage Loan Amount: $464,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2046
  • Second Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • Second Open Lien Mortgage Recording Date: Aug 20, 2018
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $87,891
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2048

    Market Valuation

  • Market Total Value: $700,812
  • Market Land Value: $426,400
  • Market Improvement Value: $274,412

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $380,514

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 30, 2016
  • Current Sale Recording Date: Jul 05, 2016
  • Current Sale Transaction ID: 1653634056
  • Current Sale Price: $580,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016R0387508
  • Previous Sale Recording Date: Jan 29, 2007
  • Previous Sale Contract Date: Jan 12, 2007
  • Previous Sale Amount: $560,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 05, 2016
  • First Mortgage Loan Amount: $464,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: FREMONT INVESTMENT & LOAN
  • Previous Mortgage Transaction Date: Jan 29, 2007
  • Previous Mortgage Loan Amount: $504,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Feb 01, 2037

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Frequently Asked Questions

What neighborhood is 6627 Southwest 63rd Terrace located in?
The 6627 Southwest 63rd Terrace is a located in the neighborhood of Nuevo Mundo in South Miami, Miami.
What is the average sales price for listings in 6627 Southwest 63rd Terrace?
The average sales price for units in 6627 Southwest 63rd Terrace is $0 currently.

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