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12259 Southwest 198th Terrace

12259 Southwest 198th Terrace, Miami, FL 33177
Property in Oak Park Estates
Sold Jan 26, 2021
$220,000
$216,015 by Paramount Residential Mortgage
Mortgage Due Feb 01, 2051
Sold Oct 23, 2001
$65,000
Local assessors in Miami, FL have categorized 12259 Southwest 198th Terrace as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 3,750 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse 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, 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 is one full bathroom. There is also a partial bathroom. 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 12259 Southwest 198th Terrace has a total of 960 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. 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, 12259 Southwest 198th Terrace was last sold in Jan 22, 2021 for $220,000. According to our calculations, that's $229.17 per sqft. Prior to that sales transaction, the property was sold for $65,000 in Jan 1, 1970. Current property owners are expected to pay $5,365 in taxes per year. The property on 12259 Southwest 198th Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $199,100. 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. 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. 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: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Townhouse
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,750
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK PARK ESTATES
  • Land Acres: 0.086
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: OAK PARK ESTATES SEC 2 PB 126-57 LOT 10B BLK 7 LOT SIZE 3750 SQ FT OR 18359-4955 1098 4 OR 1997-3729 1001 1

Ownership

  • Current Owner : SOCAS ROBERTO HERNANDEZ
  • Current Owner 2: GOMEZ IDALMYS
  • Previous Owner : MILLER DARCY
  • Owner Before Previous Owner: MELVIN KACHER M
  • Owner Before Previous Owner 2: MELVIN HILDA KACHER
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: UNINCORPORATED
  • Census Tract: 010211

Zoning

  • Zoning: 5700

Geography

  • Assessors Map Reference: 334
  • District: 30
  • Parcel: 30-6901-031-0200
  • Block: 7
  • Lot: 10B
  • Meridian: SEC 01 TWN 56S RNG 39E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 25.5826
  • Longitude: -80.3898

    Address

  • Full Address: 12259 Sw 198th Ter
  • Address - House Number: 12259
  • Street Direction: SW
  • Address - Street Name: 198th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C012
  • 4-Digit Zip Code: 4941
  • Zip Code: 33177

Valuation

    Tax

  • Total Area: 960
  • Tax Year: 2023
  • Tax Amount: $5,365
  • Tax Rate Code Area: 3000

    Appraisal Valuation

  • Standard Deviation: 0.1878
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 75
  • Final Value: 346,791
  • High Value: 411,943
  • Low Value: 281,640

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $220,424
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Jan 26, 2021
  • First Open Lien Mortgage Loan Amount: $216,015
  • 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: Feb 01, 2051
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Feb 11, 2022
  • Second Open Lien Mortgage Loan Amount: $4,409
  • Second Open Lien Mortgage Term: 347
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $235,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $199,100

    Sales

  • Current Sale Contract Date: Jan 22, 2021
  • Current Sale Recording Date: Jan 26, 2021
  • Current Sale Transaction ID: 11817459902
  • Current Sale Price: $220,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R0060490
  • Previous Sale Recording Date: Oct 23, 2001
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Jan 26, 2021
  • First Mortgage Loan Amount: $216,015
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2051

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Frequently Asked Questions

What neighborhood is 12259 Southwest 198th Terrace located in?
The 12259 Southwest 198th Terrace is a located in the neighborhood of Oak Park Estates in South Miami Heights, Miami.
What is the average sales price for listings in 12259 Southwest 198th Terrace?
The average sales price for units in 12259 Southwest 198th Terrace is $0 currently.

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