$817,000 - $861,000
RENTED DEC 1, 2024

11480 SW 42nd Terrace Unit 1 Miami, FL 33165

Westwood Lakes Neighborhood
1 Bed
1 Bath
500 Sq Ft
0.39 Acres

Highlights

  • 17,082 Sq Ft lot
  • No HOA
  • Central Air
  • Southwest Miami Senior High School Rated A-
  • Tile Flooring
  • Heating Available

About This Home

As of December 2024

Beautifully updated and private detached cottage located in Westwood Lakes. This home was recently remodeled
and features an updated kitchen with marble counters, solid wood cabinets, stainless steel appliances, updated
marble bath, impact windows, central A/C, tankless water heater, tile floors throughout, and washer/dryer in unit.
Additionally, this gem has its own private entrance, parking in private driveway, yard, and privacy fence.
Conveniently located within a short drive to major expressways like the FL Turnpike and Palmetto Expressway.
UNIT AVAILABLE FOR DECEMBER 1st. Do to disturb tenants. Additional $200 utility not included in rent rate, utility
fee covers electric, water, Wi-Fi, pest control, 2 car parking, and lawn maintenance.

Last Agent to Rent the Property

Adam Alonso

Keller Williams Capital Realty License #3404162 Listed on: 10/10/2024

Keller Williams Capital Realty

Last Renter's Agent

Ernesto Perez

Lokation License #3429820

Lokation

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,733

Year Built

  • Built in 1955

Lot Details

  • 0.39

Parking

  • 2 Car Parking Spaces

Interior Spaces

  • 500 Sq Ft Home
  • Tile Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 12/1/24
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 30-40-19-001-2880

Community Details

Overview

  • No Home Owners Association
  • Westwood Lake Condos
  • Westwood Lake Subdivision

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$12,733

Year Built

Built in 1955

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2024-12-01
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1955
  • Property Sub Type: Efficiency
  • Architectural Style: First Floor Entry
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Eff/Std/Hotel Room-Annual, Efficiency
  • Subdivision Name: WESTWOOD LAKE
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 500

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: WESTWOOD LAKE
  • Parking Features: 2 Spaces, Limited # Of Vehicle

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 30-40-19-001-2880
  • Land Lease: No
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 17082
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
Feb 28, 2022
Sold by
Property Investments Ch Llc
Bought by
Sumner Payton and Sumner Christie
Seller's Agent
Ashley Brosky
Luxe Properties
Buyer's Agent
Ashley Brosky
Luxe Properties
Sold Price
$1,900
Current Estimated Value
$841,921

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$840,021
Original Mortgage
$580,060
Outstanding Balance
$540,539
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$301,382

Purchase Details

Closed on
Nov 21, 2017
Sold by
Gonzalez Cesar
Bought by
Property Investment Ch Llc

Purchase Details

Closed on
Sep 7, 2012
Sold by
Sotolongo Osvaldo and De La Cruz Lilian
Bought by
Gonzalez Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.63%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 10, 2000
Sold by
Humberto and Paez Noelia
Bought by
Sotolongo Osvaldo and Delacruz Lilian

Purchase Details

Closed on
Aug 1, 1994
Sold by
Stewart Richard Merrell
Bought by
Paez Humberto and Paez Noelia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
8.39%
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

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2024 12/01/24 Rented $1,950 +11.4% --
10/28/2024 10/28/24 Under Contract -- -- --
10/10/2024 10/10/24 For Rent $1,750 -10.3% --
12/01/2023 12/01/23 Rented $1,950 +11.4% --
11/21/2023 11/21/23 Under Contract -- -- --
10/24/2023 10/24/23 For Rent $1,750 -10.3% --
12/01/2022 12/01/22 Rented $1,950 +11.4% --
11/29/2022 11/29/22 Under Contract -- -- --
11/23/2022 11/23/22 Price Changed $1,750 -16.7% $4 / Sq Ft
11/14/2022 11/14/22 For Rent $2,100 +10.5% --
04/07/2022 04/07/22 Rented $1,900 0.0% --
03/29/2022 03/29/22 Under Contract -- -- --
03/25/2022 03/25/22 For Rent $1,900 -- --
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 $12,733 $596,971 -- --
2024 $11,705 $748,212 $434,148 $314,064
2023 $11,705 $527,000 $318,790 $208,210
2022 $10,067 $540,265 $0 $0
2021 $9,159 $491,150 $282,693 $208,457
2020 $8,737 $465,827 $294,984 $170,843
2019 $8,422 $446,742 $294,984 $151,758
2018 $7,817 $423,641 $270,402 $153,239
2017 $6,997 $360,595 $0 $0
2016 $6,518 $327,814 $0 $0
2015 $6,045 $298,013 $0 $0
2014 -- $270,921 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11674326

MIAMI REALTORS® MLS

APN: 30-4019-001-2880