NOT LISTED FOR SALE

3507 SW 23rd Terrace Miami, FL 33145

Coral Way Neighborhood

Estimated Value: $941,917

2 Beds
1 Bath
800 Sq Ft
$1,177/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $575,000 $719 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $6,183/month

Highlights

  • No HOA
  • Coral Gables Senior High School Rated A-
  • Central Heating and Cooling System

About This Home

As of September 2022

Completely renovated duplex! This 2 bedroom and 1 bathroom unit is fully equipped with a brand new roof, hurricane impact windows, updated kitchen and bathrooms and a private washer and dryer. Everything is brand new! Comes with 2 assigned parking spaces and a spacious gated private backyard area. Location is minutes from Coral Gables, Coconut Grove and Downtown Miami.

Last Agent to Rent the Property

Oscar Arellano

Coldwell Banker Realty License #3060275 Listed on: 09/22/2022

Coldwell Banker Realty

Last Renter's Agent

Oscar Arellano

Coldwell Banker Realty License #3060275 Listed on: 09/22/2022

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,719

Year Built

  • Built in 1964

Lot Details

  • 6,650

Home Design

  • 800 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 6,650 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 10/1/22
  • Assessor Parcel Number 01-41-16-009-3500

Community Details

Overview

  • No Home Owners Association
  • Amnd Miami Suburban Acres Condos
  • Amnd Miami Suburban Acres Subdivision

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,719

Year Built

Built in 1964

Lot Details

0

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2022-10-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1964
  • Property Sub Type: Multi Family
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Duplex/Tri/Quad-Annual, Multi Family
  • Subdivision Name: AMND MIAMI SUBURBAN ACRES
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Furnished: Unfurnished
  • Living Area: 800

Exterior Features

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

Garage/Parking

  • Park Building Name: AMND MIAMI SUBURBAN ACRES

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-16-009-3500
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6650
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2022
Closed on
Jul 20, 2022
Sold by
Jorge Arellano Oscar
Bought by
3507 Sw 23 Terrace Llc
Seller's Agent
Denis Morales
Premiere Plus Realty Company
Buyer's Agent
Cecilia Gonzalez
MMLS Assoc.-Inactive Member
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$941,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,917
Avg. Annual Appreciation
16.62%

Purchase Details

Listed on
May 2, 2022
Closed on
Jun 14, 2022
Sold by
Perez Jr Martin A
Bought by
Arellano Oscar Jorge
Seller's Agent
Denis Morales
Premiere Plus Realty Company
Buyer's Agent
Cecilia Gonzalez
MMLS Assoc.-Inactive Member
List Price
$575,000
Sold Price
$575,000

Purchase Details

Closed on
Mar 1, 2022
Sold by
Angelica Perez Revocable Trust
Bought by
Perez Martin A

Purchase Details

Closed on
Apr 19, 2010
Sold by
Wall Alan D and Wall Violeta
Bought by
Angelica Perez Trust

Purchase Details

Closed on
Jul 7, 1997
Sold by
Vasallo Rosa and Vasallo Violet
Bought by
Wall Alan D and Wall Violeta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,500
Interest Rate
7.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 1996
Sold by
Andres and Vasallo Maria Rosa
Bought by
Vasallo Rosa

Purchase Details

Closed on
Mar 28, 1994
Sold by
Vasallo Andres and Vasallo Maria Rosa
Bought by
Vasallo Andres and Vasallo Maria Rosa
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
3507 Sw 23 Terrace Llc -- New Title Company Name
Arellano Oscar Jorge $575,000 New Title Company Name
Perez Martin A -- Merrill Keith J
Angelica Perez Trust $200,000 Titles Unlimited Inc
Wall Alan D $48,000 --
Vasallo Rosa $100 --
Vasallo Andres $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wall Alan D $337,500
Previous Owner Wall Alan D $287,300
Previous Owner Vasallo Rosa $188,232
Previous Owner Vasallo Rosa $135,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Rented $2,700 0.0% --
09/23/2022 09/23/22 Under Contract -- -- --
09/22/2022 09/22/22 For Rent $2,700 0.0% --
06/17/2022 06/17/22 Sold $575,000 0.0% $266 / Sq Ft
05/03/2022 05/03/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $575,000 -- $266 / 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 $12,719 $654,630 -- --
2024 $11,881 $595,119 -- --
2023 $11,881 $541,018 $405,403 $135,615
2022 $9,284 $382,906 $0 $0
2021 $8,563 $348,097 $0 $0
2020 $8,002 $386,881 $252,613 $134,268
2019 $7,567 $380,847 $245,992 $134,855
2018 $7,001 $374,815 $239,371 $135,444
2017 $6,389 $237,756 $0 $0
2016 $6,066 $216,142 $0 $0
2015 $5,651 $196,493 $0 $0
2014 $5,099 $178,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11276516

MIAMI REALTORS® MLS

APN: 01-4116-009-3500