1548 NE 131 LN, North Miami, FL 33161

Parcel: 0622290221290 · Multifamily 2-9 Units · 2 Living Units · Zoning: 0400

Assessed Value (2025)
$367,628

Property Details

Beds
4
Baths
2
Living Sqft
1,560
Year Built
1948
Lot Sqft
9,375
Stories
1
MULTIFAMILY 2-9 UNITS : 2 LIVING UNITS

Sales History

1
$64,900
2016-07-08
DAVID FLINT TRS ZEEV W HECHTER TRS
2
$100non-market transfer
2016-07-08
DAVID FLINT TRSWHDF LLC
3
$630,000
2025-04-30
WHDF LLCTADASHI GRAVES
4
$630,000
2025-05-08

Tax Assessment History

$367,628
Assessed (2025)
$426,517
Market Value
$367,628
Taxable Value
$7,485
Annual Tax
2024
$334,208
$405,200
2025
$367,628
$426,517
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $367,628 $426,517 $367,628 $7,485
2024 $334,208 $405,200 $334,208 $6,804

About 1548 NE 131 LN, North Miami, FL 33161

1548 NE 131 LN, North Miami, FL 33161 is a 4-bedroom, 2-bathroom multifamily 2-9 units : 2 living units built in 1948 with 1,560 square feet of living space on a 9,375 square foot lot. The property is currently owned by TADASHI GRAVES, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2025-05-08 for $630,000. There are 4 recorded sales for this property. The 2025 assessed value is $367,628 with a market value of $426,517.

This breaks down to $281,250 for the land and $145,267 for the building. The assessed value increased 10% from $334,208 in 2024. The median household income in this area is $43,719, and the median home value is $291,700.

The population density is 11,178 people per square mile. There are active mortgage liens totaling $466,904 recorded against this property. 1548 NE 131 LN, North Miami, FL 33161 is located in North Miami, Florida.

Property records, tax assessments, sales history, and ownership information for this North Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2016 to 2025, with 4 recorded transactions in the public record. The current assessed value represents 58% of the most recent sale price.

This low ratio may suggest the property is under-assessed relative to market value, common after recent improvements or a competitive purchase. Based on the most recent sale, this property traded at $404 per square foot — a key metric for comparing value across North Miami's real estate market..

Current Owner

TADASHI GRAVES
4144 SOMERS AVE, LOS ANGELES, CA, 90065
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$4,811 — $8,887
Flood $400 — $800
Property/Wind $4,411 — $8,087

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$43,719
Median Home Value$291,700
Pop. Density11,178/sq mi

Neighborhood 33161

55.2%
Owner-Occ
44.8%
Investor
251
Flips (4yr)
4,232
New Biz (3yr)
Distress Risk
MODERATE
38
View full risk analysis →

Mortgages

ACTIVE
$472,500
~$466,904 bal.
THE LOAN STORE INC · 2025-05-08
Est. Total Balance $466,904
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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