NOT LISTED FOR SALE

1240 SW 74th Ave Miami, FL 33144

Coral Terrace Neighborhood

Estimated Value: $698,000 - $832,000

5 Beds
3 Baths
2,136 Sq Ft
$364/Sq Ft Est. Value

Last Sold April 10, 2020

Last sale price $460,000 $215 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,867/month

147 Days on Market

Highlights

  • Guest House
  • Home fronts a creek
  • Room in yard for a pool
  • Flagami Elementary School Rated A-
  • Home fronts a canal
  • Maid or Guest Quarters

About This Home

As of April 2020

Beautiful spacious home located in the desirable area of central Miami, minutes away from all major highways and A+ schools. This home is situated on a 11,000 sq ft lot with a huge private backyard surrounded by lush landscaping, perfect for entertaining . Main home features 3 bedrooms and 2 full bathrooms, new 2016 roof, 2015 air conditioners, open floor plan, with separate formal living, dining, and family room. It has an additional 1/1 attached unit plus large den or added living room - beautifully finished which can be accessed from the main house or private entrance -can be used as in laws quarters or income property

Last Agent to Sell the Property

Jennifer Abreu

Lifestyle International Realty License #3303259 Listed on: 10/18/2019

Lifestyle International Realty

Last Buyer's Agent

Christopher Camacho

EXP Realty, LLC License #0698472

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,172

Year Built

  • Built in 1954

Lot Details

  • 0.25 Acre Lot
  • Home fronts a creek
  • Home fronts a canal
  • West Facing Home
  • Property is zoned 5700

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,136 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Bar
  • Blinds
  • Sun or Florida Room
  • Tile Flooring
  • Garden Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms
  • Shower Only

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Driveway
  • Open Parking

Outdoor Features

  • Room in yard for a pool
  • Deck
  • Porch

Additional Homes

  • Guest House

Schools

  • Flagami Elementary School
  • South Miami High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Miami Gateway Revised Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-11-022-1080

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,172

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: MIAMI GATEWAY REVISED
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Bar, Custom Mirrors, Florida Room, Maid/In-Law Quarters
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 2136
  • Possible Use: Primary
  • Window Features: Blinds
  • Bedroom Features: Master Bedroom Ground Level
  • Living Room Features: Florida Room, Guest House, Maid/In-Law Quarters
  • Master Bathroom Features: Shower Only

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Exterior Features: Fruit Trees, Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Deck, Open Porch
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Canal Front, Creek
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: MIAMI GATEWAY REVISED
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Covered, Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Flagami
  • High School: South Miami

Lot Info

  • Parcel Number: 30-40-11-022-1080
  • Lot Size Sq Ft: 11000
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6172

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2019
Closed on
Apr 10, 2020
Sold by
Bencomo Luis M
Bought by
Ortega Miguel Abren and Delgado Vera Brito
Seller's Agent
Jennifer Abreu
Lifestyle International Realty
Buyer's Agent
Christopher Camacho
EXP Realty, LLC
List Price
$488,000
Sold Price
$460,000
Premium/Discount to List
-$28,000
-5.74%
Current Estimated Value
$776,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,992
Avg. Annual Appreciation
9.89%
Original Mortgage
$414,000
Outstanding Balance
$365,354
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$411,638

Purchase Details

Closed on
Aug 7, 1996
Sold by
Bencomo Estrella
Bought by
Bencomo Estrella
Source: Public Records

Range of Values:

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Average Value
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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
Ortega Miguel Abren $460,000 P And P Title Services Llc
Bencomo Estrella $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortega Miguel Abren $414,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2020 04/10/20 Sold $460,000 -1.1% $215 / Sq Ft
02/12/2020 02/12/20 Price Changed $465,000 -2.1% $218 / Sq Ft
11/08/2019 11/08/19 Price Changed $475,000 -2.7% $222 / Sq Ft
10/17/2019 10/17/19 For Sale $488,000 -- $228 / 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 $9,502 $576,002 -- --
2024 $9,130 $559,769 -- --
2023 $9,130 $543,466 $0 $0
2022 $8,814 $527,637 $291,375 $236,262
2021 $7,684 $408,972 $228,937 $180,035
2020 $5,849 $343,722 $0 $0
2019 $5,726 $335,995 $154,297 $181,698
2018 $6,172 $330,632 $146,993 $183,639
2017 $2,306 $173,413 $0 $0
2016 $2,272 $169,847 $0 $0
2015 $2,299 $168,667 $0 $0
2014 -- $167,329 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Abreu

    Seller's Agent in 2020

    Jennifer Abreu

    Lifestyle International Realty

    (786) 804-1373

    1 in this area

    87 Total Sales

    Jennifer Abreu
    Section Image
  • Christopher Camacho

    Buyer's Agent in 2020

    Christopher Camacho

    EXP Realty, LLC

    (305) 250-1876

    1 in this area

    116 Total Sales

    Christopher Camacho
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10758346

MIAMI REALTORS® MLS

APN: 30-4011-022-1080

Florida Miami/Dade County Miami 33144 Coral Terrace

1240 SW 74th Ave, Miami, FL

This home is located at 1240 SW 74th Ave, Miami, FL 33144 since 18 October 2019 and is currently estimated at $776,992, approximately $363 per square foot. This property was built in 1954. 1240 SW 74th Ave is a home located in Miami-Dade County with nearby schools including Flagami Elementary School, West Miami Middle School, and South 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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