NOT LISTED FOR SALE

4940 SW 98th Place Miami, FL 33165

Olympia Heights Neighborhood

Estimated Value: $693,000 - $763,000

4 Beds
2 Baths
1,331 Sq Ft
$541/Sq Ft Est. Value

Last Sold October 07, 2021

Last sale price $539,000 $405 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $4,734/month

Highlights

  • No HOA
  • Breakfast Area or Nook
  • Ceramic Tile Flooring
  • Tropical Elementary School Rated 9+
  • Detached Garage
  • Central Heating and Cooling System

About This Home

As of June 2023

Totally Remodeled 4BR 2 BATH 1400 SQ FT Home on Large 9681 SQ FT LOT. This home features tile flooring, an open living area, and large windows that bring in lots of natural light throughout the house. The kitchen is complete with stainless steel appliances, European Style Kitchen Cabinets W/ Quartz Countertops. The house has a large laundry room, impact doors. It also features a large backyard where you can enjoy many moments with the family. Home comes equipped with Vivint alarm system. * PLEASE READ BROKER'S REMARKS *

Last Agent to Rent the Property

Arlett Perez

MMLS Assoc.-Inactive Member License #3535466 Listed on: 12/19/2022

Last Renter's Agent

Elsa Machado

Elsa Realty, LLC License #3447816

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,055

Year Built

  • Built in 1953

Lot Details

  • 9,681 Sq Ft Lot
  • North Facing Home
  • Property is zoned 0100

Parking

  • Detached Garage

Home Design

  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,331 Sq Ft Home
  • Combination Dining and Living Room
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 1/15/23
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 30-40-20-005-0600

Community Details

Overview

  • No Home Owners Association
  • Tropical Estates 1St Addn Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,055

Year Built

Built in 1953

Lot Details

0

Rental Info

  • Pets Allowed: Yes
  • Available Date: 2023-01-15
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1953
  • Property Sub Type: Single Family Residence
  • Architectural Style: First Floor Entry
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: TROPICAL ESTATES 1ST ADDN
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1331
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen

Exterior Features

  • Roof: Flat Roof With Facade Front
  • View: None
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Park Building Name: TROPICAL ESTATES 1ST ADDN
  • Parking Features: Detached

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Laundry Facilities

Lot Info

  • Parcel Number: 30-40-20-005-0600
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 9681
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2021
Closed on
Sep 30, 2021
Sold by
Barr Holdings Llc
Bought by
Varas Hector and Barkovic Llubica
Seller's Agent
Luis Rodriguez
Rejoice Realty Group, Inc.
Buyer's Agent
Isabella Muriel Bernal
Property Pro Partners, LLC.
List Price
$539,000
Sold Price
$539,000
Current Estimated Value
$720,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,413
Avg. Annual Appreciation
7.85%
Original Mortgage
$522,830
Outstanding Balance
$478,347
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$242,066

Purchase Details

Closed on
Feb 22, 2021
Sold by
Fitzgerald Linda D
Bought by
Barr Holdings Llc
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
Varas Hector $539,000 Pinnacle Title Group Llc
Barr Holdings Llc $287,000 Quaker Title And Escrow Llc
Barr Holdings Llc $287,000 New Title Company Name
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varas Hector $522,830
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2023 06/02/23 Rented $3,800 -13.6% --
05/24/2023 05/24/23 For Rent $4,400 0.0% --
02/24/2023 02/24/23 Off Market $4,400 -- --
12/19/2022 12/19/22 For Rent $4,400 0.0% --
10/07/2021 10/07/21 Sold $539,000 0.0% $405 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/23/2021 08/23/21 For Sale $539,000 0.0% $405 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
08/13/2021 08/13/21 For Sale $539,000 -- $405 / 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 $9,055 $546,605 -- --
2024 $8,694 $531,201 -- --
2023 $8,694 $515,730 $290,000 $225,730
2022 $7,955 $434,183 $206,172 $228,011
2021 $5,561 $286,750 $197,582 $89,168
2020 $2,097 $129,653 $0 $0
2019 $2,050 $126,739 $0 $0
2018 $1,955 $124,376 $0 $0
2017 $1,922 $121,818 $0 $0
2016 $1,893 $119,313 $0 $0
2015 $1,906 $118,484 $0 $0
2014 $1,932 $117,544 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Landlord's Agent in 2023

    Arlett Perez

    MMLS Assoc.-Inactive Member

    Section Image

  • E

    Tenant's Agent in 2023

    Elsa Machado

    Elsa Realty, LLC

    (786) 380-3500

    49 Total Sales

    Section Image
  • Luis Rodriguez

    Seller's Agent in 2021

    Luis Rodriguez

    Rejoice Realty Group, Inc.

    (786) 234-3404

    2 in this area

    71 Total Sales

    Section Image

  • I

    Buyer's Agent in 2021

    Isabella Muriel Bernal

    Property Pro Partners, LLC.

    (305) 965-5613

    1 in this area

    6 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11312204

MIAMI REALTORS® MLS

APN: 30-4020-005-0600

Florida Miami/Dade County Miami 33165 Olympia Heights

4940 SW 98th Place, Miami, FL

This home is located at 4940 SW 98th Place, Miami, FL 33165 since 19 December 2022 and is currently priced at $720,413. This property was built in 1953. 4940 SW 98th Place is a home located in Miami-Dade County with nearby schools including Tropical Elementary School, Riviera 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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