NOT LISTED FOR SALE

5040 SW 60th Place Miami, FL 33155

Estimated Value: $1,572,000 - $2,314,643

4 Beds
2.5 Baths
2,321 Sq Ft
$821/Sq Ft Est. Value

Last Sold December 18, 2019

Last sale price $921,100 $397 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $11,485/month

96 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Garden View
  • David Fairchild Elementary School Rated A-
  • Main Floor Bedroom
  • No HOA

About This Home

As of December 2019

The House on the Hill- Just shy of an acre, a split level, ranch style home, with a side entry garage tucked out of sight on a quiet no outlet street in the heart of Biltmore Heights-- A neighborhood prized for it's tree canopy and walking friendly streets. The property's large trees are on the periphery so you have complete creative license inside and out to design your personal retreat. Kitchens/baths are original. Bathroom tiles are fabulous colors perhaps inspiring you to integrate vintage elements into your renovation. Roof 2016/ Central AC 2010/Tented 2016. Large covered terrace, huge patio and deep, sparkling pool overlooks an amazing expanse of green space that's waiting for an addition, tennis court, guest house or best kick ball games ever... let you imagination run wild!

Last Agent to Sell the Property

Lisa Dority

PropertySmart Real Estate License #3131386 Listed on: 07/06/2019

Last Buyer's Agent

Alicia Lamadrid

Cervera Real Estate Inc. License #3223439

Cervera Real Estate Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,686

Year Built

  • Built in 1955

Lot Details

  • 0.95 Acre Lot
  • East Facing Home
  • Fenced
  • Interior Lot
  • Irregular Lot
  • Property is zoned 2300

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Split Level Home
  • Flat Tile Roof

Interior Spaces

  • 2,321 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Utility Room in Garage
  • Garden Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Split Bedroom Floorplan
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • In Ground Pool
  • Pool Equipment Stays

Outdoor Features

  • Patio

Schools

  • Fairchild; David Elementary School
  • South Miami Middle School
  • South Miami High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Biltmore Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-24-000-1000

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,686

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1955
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Split Level
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: Biltmore Heights
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Laundry Tub, Split Bedroom, Family Room, Utility/Laundry In Garage
  • Spa Yn: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 2321
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Family Room, Utility/Laundry In Garage
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • Roof: Flat Tile
  • View: Garden
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 3/4 To Less Than 1 Acre Lot, Interior Lot, Irregular Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Equipment Stays
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Biltmore Heights
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, In Garage

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Fairchild; David
  • High School: South Miami
  • Middle Or Junior School: South Miami

Lot Info

  • Parcel Number: 30-40-24-000-1000
  • Lot Size Sq Ft: 41382
  • Zoning: 2300
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4686

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2019
Closed on
Dec 18, 2019
Sold by
Kreidt Walter G
Bought by
Paysse Juan and Paysse Alicia
Seller's Agent
Lisa Dority
PropertySmart Real Estate
Buyer's Agent
Alicia Lamadrid
Cervera Real Estate Inc.
List Price
$1,100,000
Sold Price
$921,100
Premium/Discount to List
-$178,900
-16.26%
Current Estimated Value
$1,905,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$984,811
Avg. Annual Appreciation
13.19%
Original Mortgage
$730,400
Outstanding Balance
$643,953
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$1,261,958

Purchase Details

Closed on
Oct 6, 2015
Sold by
Kreidt Wallace G and Kreidt Laverne J
Bought by
Kreidt Wallace G and Revo Laverne J
Source: Public Records

Range of Values:

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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
Paysse Juan $921,100 Attorney
Kreidt Wallace G -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paysse Juan $730,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/18/2019 12/18/19 Sold $921,100 -7.9% $397 / Sq Ft
09/26/2019 09/26/19 Price Changed $1,000,000 -9.1% $431 / Sq Ft
07/06/2019 07/06/19 For Sale $1,100,000 -- $474 / 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 $17,867 $1,083,880 -- --
2024 $17,302 $1,053,334 -- --
2023 $17,302 $1,022,655 $0 $0
2022 $16,743 $992,869 $0 $0
2021 $15,192 $875,454 $665,000 $210,454
2020 $13,164 $718,147 $584,250 $133,897
2019 $15,970 $874,657 $665,000 $209,657
2018 $4,686 $284,783 $0 $0
2017 $4,648 $278,926 $0 $0
2016 $4,615 $273,190 $0 $0
2015 $4,670 $271,291 $0 $0
2014 -- $269,138 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Dority

    Seller's Agent in 2019

    Lisa Dority

    PropertySmart Real Estate

    (305) 331-5056

    87 Total Sales

    Lisa Dority
    Section Image

  • A

    Buyer's Agent in 2019

    Alicia Lamadrid

    Cervera Real Estate Inc.

    (786) 266-4006

    7 Total Sales

    Alicia Lamadrid
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10701923

MIAMI REALTORS® MLS

APN: 30-4024-000-1000

Florida Miami/Dade County Miami 33155

5040 SW 60th Place, Miami, FL

This home is located at 5040 SW 60th Place, Miami, FL 33155 since 06 July 2019 and is currently estimated at $1,905,911, approximately $821 per square foot. This property was built in 1955. 5040 SW 60th Place is a home located in Miami-Dade County with nearby schools including David Fairchild Elementary School, South 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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