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12562 Southwest 124th Terrace

12562 Southwest 124th Terrace, Miami, FL 33186
Sold Dec 05, 2019
$275,000
$192,500 by Regions Bank
Mortgage Due Dec 01, 2049
Sold Mar 01, 2006
$295,000
$206,500 by Bankunited Fsb
Mortgage Due Feb 28, 2036
12562 Southwest 124th Terrace 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 2003 and is 21 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 12562 Southwest 124th Terrace has 1,491 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 1,451 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 12562 Southwest 124th Terrace sold most recently in Nov 14, 2019 for a total of $275,000. If you work out the math, that's approximately a cost of $160.72 per sqft. Before that, the property was also sold for $295,000 in Feb 3, 2006. 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 $6,828 in taxes each year. 12562 Southwest 124th Terrace was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $283,141. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Style: Townhouse
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,451
  • Total Building Area: 1,711
  • Gross Building Area: 1,711
  • Building Area: 1,491
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,491
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KENDALL BREEZE SOUTH
  • Land Acres: 0.033
  • Standard Land Use Code: Townhouse (residential)
  • Legal Description 1: KENDALL BREEZE SOUTH PB 160-67 T-21056 LOT 6 BLK 36 LOT SIZE 1451 SQFT FAU 30-5913-000-0190 OR 19841-0879 0801 2 (333) COC 25559-1802 02 2007 5

Ownership

  • Current Owner : JEROME MICHAEL
  • Current Owner 2: JEROME CHRISTINE
  • Previous Owner : GONZALEZ AURELIO B
  • Owner Before Previous Owner: GRAVES JACQUELINE R

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: UNINCORPORATED
  • Census Tract: 019402

Zoning

  • Zoning: 3700

Geography

  • Assessors Map Reference: 277
  • District: 30
  • Parcel: 30-5913-027-2990
  • Block: 36
  • Lot: 6
  • Meridian: SEC 13 TWN 55S RNG 39E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 25.6524
  • Longitude: -80.398

    Address

  • Full Address: 12562 Sw 124th Ter
  • Address - House Number: 12562
  • Street Direction: SW
  • Address - Street Name: 124th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Miami
  • Carrier Code: C080
  • 4-Digit Zip Code: 5529
  • Zip Code: 33186

Valuation

    Tax

  • Total Area: 1,491
  • Tax Year: 2023
  • Tax Amount: $6,828
  • Tax Rate Code Area: 3000

    Appraisal Valuation

  • Standard Deviation: 0.1763
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 509,195
  • High Value: 598,995
  • Low Value: 419,396

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $192,500
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Dec 05, 2019
  • First Open Lien Mortgage Loan Amount: $192,500
  • 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: Dec 01, 2049

    Market Valuation

  • Market Total Value: $358,001

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $283,141

    Sales

  • Current Sale Contract Date: Nov 14, 2019
  • Current Sale Recording Date: Dec 05, 2019
  • Current Sale Transaction ID: 11711577498
  • Current Sale Price: $275,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019R0756709
  • Previous Sale Recording Date: Mar 01, 2006
  • Previous Sale Contract Date: Feb 03, 2006
  • Previous Sale Amount: $295,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Dec 05, 2019
  • First Mortgage Loan Amount: $192,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: BANKUNITED FSB
  • Previous Mortgage Transaction Date: Mar 01, 2006
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $206,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Feb 28, 2036

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Frequently Asked Questions

What neighborhood is 12562 Southwest 124th Terrace located in?
The 12562 Southwest 124th Terrace is a located in the neighborhood of Kendall Breeze South in Three Lakes, Miami.
What is the average sales price for listings in 12562 Southwest 124th Terrace?
The average sales price for units in 12562 Southwest 124th Terrace is $0 currently.

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