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1315 Northeast 116th Street

1315 Northeast 116th Street, Miami, FL 33161
Property in Bayview Acres
Sold Apr 22, 2020
$475,000
$463,450 by Cardinal Financial Company Lp
Mortgage Due May 01, 2050
Sold Aug 15, 2019
$325,000
Local assessors in Miami, FL have categorized 1315 Northeast 116th Street as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 10,350 square feet. The linear feet between the front and back of the lot was measured at 1,150 ft and the front of the lot was measured at 900 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. 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, 4 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 4 full bathrooms. There are also 4 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 1315 Northeast 116th Street has a total of 2,312 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 both a unknown and a unknown so you'll have great options in both the front and 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. Lots of a combination of material were used in the construction of the exterior walls of the home. 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, 1315 Northeast 116th Street was last sold in Apr 14, 2020 for $475,000. According to our calculations, that's $184.97 per sqft. Prior to that sales transaction, the property was sold for $325,000 in Aug 8, 2019. Current property owners are expected to pay $9,932 in taxes per year. The property on 1315 Northeast 116th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $440,918. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1955
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Construction Type: Concrete block
  • Building Style: Duplex
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,350
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,568
  • Gross Building Area: 2,568
  • Building Area: 2,312
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,312
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAYVIEW ACRES
  • Land Acres: 0.238
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: BAYVIEW ACRES PB 34-88 E90FT OF W200FT LOT 1 BLK 2 LOT SIZE 90.000 X 115 OR 20488-3883 06 2002 4

Ownership

  • Current Owner : RODRIGUEZ GISELLE TORRES
  • Previous Owner : EASYINVEST LLC
  • Owner Before Previous Owner: GERMAIN JACQUELINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: UNINCORPORATED
  • Census Tract: 001209

Zoning

  • Zoning: 5700

Geography

  • Assessors Map Reference: 97
  • District: 30
  • Parcel: 30-2232-015-0123
  • Block: 2
  • Lot: 1
  • Meridian: SEC 32 TWN 52S RNG 42E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 25.8827
  • Longitude: -80.1712

    Address

  • Full Address: 1315 Ne 116th St
  • Address - House Number: 1315
  • Street Direction: NE
  • Address - Street Name: 116th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Miami
  • Carrier Code: C027
  • 4-Digit Zip Code: 6827
  • Zip Code: 33161

Valuation

    Tax

  • Total Area: 2,349
  • Tax Year: 2023
  • Tax Amount: $9,932
  • Tax Rate Code Area: 3000

    Appraisal Valuation

  • Standard Deviation: 0.1848
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 897,148
  • High Value: 1,063,008
  • Low Value: 731,289

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $463,450
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Open Lien Mortgage Recording Date: Apr 22, 2020
  • First Open Lien Mortgage Loan Amount: $463,450
  • 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: May 01, 2050

    Market Valuation

  • Market Total Value: $630,940
  • Market Land Value: $424,350
  • Market Improvement Value: $206,590

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $440,918

    Sales

  • Current Sale Contract Date: Apr 14, 2020
  • Current Sale Recording Date: Apr 22, 2020
  • Current Sale Transaction ID: 11757354213
  • Current Sale Price: $475,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R0243310
  • Previous Sale Recording Date: Aug 15, 2019
  • Previous Sale Contract Date: Aug 08, 2019
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LP
  • First Mortgage Transaction Date: Apr 22, 2020
  • First Mortgage Loan Amount: $463,450
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2050

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Frequently Asked Questions

What neighborhood is 1315 Northeast 116th Street located in?
The 1315 Northeast 116th Street is a located in the neighborhood of Bayview Acres in Biscayne Park, Miami.
What is the average sales price for listings in 1315 Northeast 116th Street?
The average sales price for units in 1315 Northeast 116th Street is $0 currently.

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