NOT LISTED FOR SALE

10320 SW 40th Terrace Miami, FL 33165

Westwood Lakes Neighborhood

Estimated Value: $726,000 - $800,000

4 Beds
2 Baths
1,701 Sq Ft
$442/Sq Ft Est. Value

Last Sold June 11, 2024

Last sale price $725,000 $426 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,572/month

4 Days on Market

Highlights

  • No HOA
  • Patio
  • 1-Story Property
  • Tropical Elementary School Rated 9+
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of June 2024

Experience Miami living in this renovated GATED residence. Boasting a generous split floor plan with four bedrooms and two bathrooms. Recent upgrades include a 2021 roof replacement, impact windows, updated plumbing, and a brand NEW HVAC system. Indulge in your fully updated kitchen featuring quartz countertops and stainless steel appliances. Entertain effortlessly in the screened lanai and the well-lit covered terrace overlooking the spacious patio. Ample side space accommodates a boat or RV. Centrally located near restaurants, shopping, Kendall Hospital and Tropical Park. Call to schedule your showing

Last Agent to Sell the Property

Maria Damian

Time International Realty License #3501906 Listed on: 05/03/2024

Last Buyer's Agent

Alex Lopez

Equitable Company Realtors License #3355181

Equitable Company Realtors

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,812

Year Built

  • Built in 1959

Lot Details

  • 7,500 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Shingle Roof

Interior Spaces

  • 1,701 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Orange Ests Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-20-010-0060

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,812

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story, Other
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: ORANGE ESTS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Other, Split Bedroom, No Additional Rooms
  • Spa Yn: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile, Vinyl
  • Furnished: Unfurnished
  • Living Area: 1701
  • Possible Use: Primary
  • Bedroom Features: Other, Primary Bedroom Ground Level
  • Living Room Features: No Additional Rooms

Exterior Features

  • Roof: Shingle
  • View: None
  • Exterior Features: Other
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ORANGE ESTS
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Other, Paved Road, Public Road, Sidewalks

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-40-20-010-0060
  • Lot Size Sq Ft: 7500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5812

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2024
Closed on
Jun 11, 2024
Sold by
Wong Fernando
Bought by
Hinostroza Jose and Duran Angelica
Seller's Agent
Maria Damian
Time International Realty
Buyer's Agent
Alex Lopez
Equitable Company Realtors
List Price
$700,000
Sold Price
$725,000
Premium/Discount to List
$25,000
3.57%
Views
22
Current Estimated Value
$751,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,408
Avg. Annual Appreciation
2.31%
Original Mortgage
$580,000
Outstanding Balance
$573,865
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$172,134

Purchase Details

Closed on
Jul 27, 2018
Sold by
Wong Luis and Tiu Wong Lorelli Taw
Bought by
Wong Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,250
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 17, 2018
Sold by
Wong Grisel
Bought by
Wong Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,250
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 12, 2018
Sold by
Wong Carmen
Bought by
Wong Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,250
Interest Rate
7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 18, 2009
Sold by
Wong Migdalia and Wong Grisel
Bought by
Wong Grisel and Wong Carmen

Purchase Details

Closed on
Sep 13, 2002
Sold by
Lastres Carlos A and Lastres Gladys A
Bought by
Wong Carmen
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hinostroza Jose $725,000 Sunny Title
Wong Fernando $71,000 Attorney
Wong Fernando $71,000 Attorney
Wong Fernando $71,000 Attorney
Wong Grisel -- Attorney
Wong Carmen -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hinostroza Jose $580,000
Previous Owner Wong Fernando $265,000
Previous Owner Wong Fernando $260,250
Previous Owner Wong Fernando $260,250
Previous Owner Wong Fernando $260,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Sold $725,000 +3.6% $426 / Sq Ft
05/09/2024 05/09/24 For Sale $700,000 0.0% $412 / Sq Ft
05/07/2024 05/07/24 Pending -- -- --
05/03/2024 05/03/24 For Sale $700,000 -- $412 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,104 $512,287 $315,000 $197,287
2024 $5,812 $356,958 -- --
2023 $5,812 $346,562 $0 $0
2022 $5,606 $336,468 $180,000 $156,468
2021 $5,353 $274,811 $172,500 $102,311
2020 $5,092 $259,229 $172,500 $86,729
2019 $4,972 $251,771 $165,000 $86,771
2018 $4,599 $251,812 $165,000 $86,812
2017 $4,272 $206,952 $0 $0
2016 $3,975 $188,139 $0 $0
2015 $3,691 $171,036 $0 $0
2014 -- $154,727 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Maria Damian

    Time International Realty

    (786) 879-6301

    1 in this area

    1 Total Sale

    Maria Damian
    Section Image
  • Alex Lopez

    Buyer's Agent in 2024

    Alex Lopez

    Equitable Company Realtors

    (305) 479-3305

    1 in this area

    64 Total Sales

    Alex Lopez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11579998

MIAMI REALTORS® MLS

APN: 30-4020-010-0060

Florida Miami/Dade County Miami 33165 Westwood Lakes

10320 SW 40th Terrace, Miami, FL

This home is located at 10320 SW 40th Terrace, Miami, FL 33165 since 03 May 2024 and is currently estimated at $751,408, approximately $441 per square foot. This property was built in 1959. 10320 SW 40th Terrace is a home located in Miami-Dade County with nearby schools including Tropical Elementary School, Riviera Middle School, and Southwest Miami Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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