NOT LISTED FOR SALE

315 NW 40th St Miami, FL 33127

Miami Design District Neighborhood

Estimated Value: $718,000 - $977,000

3 Beds
3 Baths
1,417 Sq Ft
$611/Sq Ft Est. Value

Last Sold January 04, 2021

Last sale price $530,000 $374 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,520/month

79 Days on Market

Highlights

  • Media Room
  • Room in yard for a pool
  • Garden View
  • Two Primary Bathrooms
  • Maid or Guest Quarters
  • Sun or Florida Room

About This Home

As of January 2021

Complete and Total Renovation as of October 2020. This Home Featuring 3 Bedrooms and 3 Bathrooms. Two Master Bedrooms with en suite Baths and Walk In Closet. Open Floor Plan. Dimensional Shingle Roof, High Impact Windows and Doors, Stuccoed primed and painted, Modern Aluminum Gates and Designer Wood Fencing, Designer Concrete Drive Way, Grass and Rock Garden with Mango, Palm and Bamboo Trees. All Electric, Plumbing, Lighting, All Interior , Wood Cabinetry with Quartz Waterfall Edge, Porcelain Flooring throughout Matte Black Faucets and Hardware, Glass Enclosures… Too Much to List!! This home was Completely Rebuilt, Plans And all Permits Available for Viewing. Property lies within the Miami 21 Zone as a T3L and allows for a Detached Residence and Parking accessible through alley at rear.

Last Agent to Sell the Property

Christian Diaz

LoKation License #0703974 Listed on: 10/18/2020

LoKation

Last Buyer's Agent

Killian Grondin

Luxe Properties License #3451911

Luxe Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,792

Year Built

  • Built in 2020

Lot Details

  • 5,000 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Property is zoned 0104

Home Design

  • Substantially Remodeled
  • Studio
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,417 Sq Ft Home
  • 1-Story Property
  • Custom Mirrors
  • Sliding Windows
  • Family or Dining Combination
  • Media Room
  • Den
  • Sun or Florida Room
  • Concrete Flooring
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Electric Range
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Two Primary Bathrooms
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Parking

  • Driveway
  • On-Street Parking
  • Open Parking

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Windows
  • Energy-Efficient Lighting
  • Energy-Efficient Insulation
  • Energy-Efficient Doors

Outdoor Features

  • Room in yard for a pool
  • Exterior Lighting
  • Porch

Utilities

  • Central Heating and Cooling System
  • High-Efficiency Water Heater

Community Details

  • No Home Owners Association
  • Bay Vista Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-24-002-0380

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,792

Year Built

Built in 2020

Lot Details

5,000 Sq Ft Lot

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: Property is Centrally located within walking distance to the Miami Design District, Midtown and Wynwood Art District and a five minute from Brickell, Downtown Miami and the Beaches. Exit 195 @ N Miami Avenue right, right on 36 st, right on 3rd avenue
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: BAY VISTA PARK
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Other Equipment/Appliances, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Custom Mirrors, Pantry, Walk-In Closet(s), Den/Library/Office, Family Room, Florida Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Media Room, Studio Apartment, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Concrete, Other
  • Furnished: Unfurnished
  • Living Area: 1417
  • Possible Use: Primary
  • Window Features: Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact Glass, Sliding
  • Bedroom Features: Entry Level, Master Bedroom Ground Level
  • Dining Room Features: Eat-In Kitchen, Family/Dining Combination, Snack Bar/Counter
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Media Room, Studio Apartment, Utility Room/Laundry
  • Master Bathroom Features: 2 Master Bathrooms

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Exterior Features: Fruit Trees, Lighting, Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: BAY VISTA PARK
  • Open Parking: Yes
  • Parking Features: Driveway, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Washer/Dryer Hook-Up
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road, Sidewalks, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-24-002-0380
  • Lot Size Sq Ft: 5000
  • Zoning: 0104
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Appliances, Doors, Insulation, Lighting, Water Heater, Windows

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3792

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2020
Closed on
Jan 4, 2021
Sold by
Miami 305 Real Estate Llc
Bought by
Grondin Killian Oliver John and Grondin Fred Andre
Seller's Agent
Christian Diaz
LoKation
Buyer's Agent
Killian Grondin
Luxe Properties
List Price
$625,000
Sold Price
$530,000
Premium/Discount to List
-$95,000
-15.2%
Current Estimated Value
$865,901

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,901
Avg. Annual Appreciation
9.90%
Original Mortgage
$503,500
Outstanding Balance
$449,375
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$416,526

Purchase Details

Closed on
Dec 31, 2019
Sold by
Martinez Lucille
Bought by
Miami305realestate Llc

Purchase Details

Closed on
Jul 1, 2014
Sold by
Davis Lativia
Bought by
Martinez Lucille M

Purchase Details

Closed on
Sep 29, 2010
Sold by
Martinez Lucille
Bought by
Davis Lativia Faunice
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Grondin Killian Oliver John $530,000 Attorney
Miami305realestate Llc $270,300 None Available
Martinez Lucille M -- None Available
Davis Lativia Faunice $42,400 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grondin Killian Oliver John $503,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2021 01/06/21 Pending -- -- --
01/04/2021 01/04/21 Sold $530,000 -1.7% $374 / Sq Ft
11/19/2020 11/19/20 Price Changed $539,000 -6.3% $380 / Sq Ft
11/13/2020 11/13/20 Price Changed $575,000 -3.4% $406 / Sq Ft
10/30/2020 10/30/20 Price Changed $595,000 -4.8% $420 / Sq Ft
10/17/2020 10/17/20 For Sale $625,000 -- $441 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $12,184 $510,461 $375,000 $135,461
2024 $11,442 $580,785 -- --
2023 $11,442 $527,987 $0 $0
2022 $10,275 $479,989 $235,152 $244,837
2021 $5,589 $245,169 $169,974 $75,195
2020 $5,375 $234,521 $159,324 $75,197
2019 $3,792 $196,482 $127,391 $69,091
2018 $3,438 $182,835 $113,742 $69,093
2017 $3,168 $116,843 $0 $0
2016 $2,985 $106,221 $0 $0
2015 $2,527 $96,565 $0 $0
2014 $1,820 $59,437 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Christian Diaz

    LoKation Real Estate

    (386) 288-4127

    1 in this area

    13 Total Sales

    Christian Diaz
    Section Image

  • K

    Buyer's Agent in 2021

    Killian Grondin

    Luxe Properties

    (980) 229-1983

    4 Total Sales

    Killian Grondin
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10944152

MIAMI REALTORS® MLS

APN: 01-3124-002-0380

Florida Miami/Dade County Miami 33127 Miami Design District

315 NW 40th St, Miami, FL

Not Listed for Sale

Detached

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