NOT LISTED FOR SALE

3940 SW 89th Ct Miami, FL 33165

Estimated Value: $865,543 - $950,000

6 Beds
4 Baths
2,703 Sq Ft
$337/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $740,000 $274 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,765/month

100 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Southwest Miami Senior High School Rated A-
  • Central Heating and Cooling System

About This Home

As of August 2022

(DUPLEX),MULTI FAMILY HOME IN A HIGHLY DESIRABLE AREA, GREAT INVESTMENT OPPORTUNITY WONT LAST!!!!!! FEATURING 6 BEDROOMS AND 4 BATHROOMS. UNIT #1 FRONT UNIT HAS 2 BEDROOMS 1 BATHROOM, UNIT #2 REAR UNIT HAS 4 BEDROOMS 3 BATHROOMS. TEXT L/A FOR SHOWING INSTRUCTIONS. READ BROKER REMARKS.

Last Agent to Sell the Property

Luis Hernandez

Real Estate Empire Group, Inc. License #3189214 Listed on: 05/22/2022

Real Estate Empire Group, Inc.

Last Buyer's Agent

Luis Hernandez

Real Estate Empire Group, Inc. License #3189214 Listed on: 05/22/2022

Real Estate Empire Group, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,592

Year Built

  • Built in 1973

Lot Details

  • Property is zoned 5700

Parking

  • 6 Parking Spaces

Home Design

  • Shingle Roof

Interior Spaces

  • 2,703 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Olympic Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-16-002-1400

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,592

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1973
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Directions: GPS
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: OLYMPIC HEIGHTS
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 2703
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: OLYMPIC HEIGHTS
  • Total Parking Spaces: 6

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-40-16-002-1400
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7592

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2022
Closed on
Aug 22, 2022
Sold by
Keiana Gregory
Bought by
Hanks Sherita R and Hanks Maurice
Seller's Agent
Luis Hernandez
Real Estate Empire Group, Inc.
Buyer's Agent
Luis Hernandez
Real Estate Empire Group, Inc.
List Price
$799,000
Sold Price
$740,000
Premium/Discount to List
-$59,000
-7.38%
Views
4
Current Estimated Value
$909,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,636
Avg. Annual Appreciation
6.82%
Original Mortgage
$273,750
Outstanding Balance
$260,599
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$649,037

Purchase Details

Listed on
May 22, 2022
Closed on
Aug 16, 2022
Sold by
Dalia Salgado Revocable Living Trust
Bought by
Gorricho Ana Martinez
Seller's Agent
Luis Hernandez
Real Estate Empire Group, Inc.
Buyer's Agent
Luis Hernandez
Real Estate Empire Group, Inc.
List Price
$799,000
Sold Price
$740,000
Premium/Discount to List
-$59,000
-7.38%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Outstanding Balance
$260,599
Interest Rate
4.99%
Mortgage Type
New Conventional
Estimated Equity
$649,037

Purchase Details

Closed on
May 2, 2011
Sold by
Salgado Dalia
Bought by
Salgado Dalia

Purchase Details

Closed on
Sep 17, 1996
Sold by
Salgado Antonio and Salgado Dalia
Bought by
Salgado Antonio and Salgado Dalia
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
Hanks Sherita R $365,000 A 1 Title
Gorricho Ana Martinez $740,000 A 1 Title
Salgado Dalia -- Attorney
Salgado Antonio $3,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanks Sherita R $273,750
Open Gorricho Ana Martinez $500,000
Closed Hanks Sherita R $54,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2022 08/31/22 Sold $740,000 -7.4% $274 / Sq Ft
05/22/2022 05/22/22 For Sale $799,000 -- $296 / 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 $11,311 $620,294 $331,200 $289,094
2024 $9,970 $571,925 -- --
2023 $9,970 $519,932 $227,700 $292,232
2022 $8,657 $412,743 $0 $0
2021 $7,592 $375,221 $179,400 $195,821
2020 $7,457 $366,470 $179,400 $187,070
2019 $7,036 $343,878 $155,250 $188,628
2018 $4,262 $270,687 $0 $0
2017 $4,139 $239,000 $0 $0
2016 $3,963 $224,302 $0 $0
2015 $3,747 $212,128 $0 $0
2014 -- $202,242 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Luis Hernandez

    Real Estate Empire Group, Inc.

    (305) 592-1588

    1 in this area

    34 Total Sales

    Luis Hernandez
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11210536

MIAMI REALTORS® MLS

APN: 30-4016-002-1400

Florida Miami/Dade County Miami 33165

3940 SW 89th Ct, Miami, FL

This home is located at 3940 SW 89th Ct, Miami, FL 33165 since 22 May 2022 and is currently estimated at $909,636, approximately $336 per square foot. This property was built in 1973. 3940 SW 89th Ct is a home located in Miami-Dade County with nearby schools including Banyan Elementary School, Rockway 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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