NOT LISTED FOR SALE

516 SW 7th Ct Homestead, FL 33034

Estimated Value: $422,000 - $442,099

4 Beds
2 Baths
1,118 Sq Ft
$384/Sq Ft Est. Value

Last Sold May 26, 2023

Last sale price $390,000 $349 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $2,838/month

Highlights

  • Main Floor Bedroom
  • Patio
  • Central Heating
  • No HOA

About This Home

As of July 2023

Single Family Home 4 bedrooms 2 full baths, oversize backyard with covered terrace, Recently remodeled,
No association very fast approval. Close to recreational parks, schools and all major highways.

Last Agent to Rent the Property

Fernando Chinchilla

AMCI-Realtors Referral Services Inc License #3004698 Listed on: 07/07/2023

Last Renter's Agent

Karla Murillo Villeda

The RE Society License #3548222

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,069

Year Built

  • Built in 1975

Lot Details

  • 7,500 Sq Ft Lot
  • Property is zoned 0500

Parking

  • 2 Car Parking Spaces

Home Design

  • 1,118 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Additional Features

  • Electric Range
  • Patio
  • Central Heating

Community Details

  • No Home Owners Association
  • Friedland Manor Subdivision

Listing and Financial Details

  • Property Available on 7/7/23
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 16-78-25-010-1060

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,069

Year Built

Built in 1975

Lot Details

0

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2023-07-07
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1975
  • Property Sub Type: Single Family Residence
  • Directions: Please use Mapquest
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: FRIEDLAND MANOR
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1118
  • Bedroom Features: At Least 1 Bedroom Ground Level, Other

Exterior Features

  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: FRIEDLAND MANOR
  • Parking Features: 2 Spaces

Utilities

  • Sewer: Sewer
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 16-78-25-010-1060
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7500
  • Zoning: 0500
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
May 26, 2023
Sold by
Chimi Group Investment Llc
Bought by
Resendiz Rogelio E
Seller's Agent
Jorge Sosa
Exclusive Premier Realty
Buyer's Agent
Llurlen Duarte
Lifestyle International Realty
List Price
$398,000
Sold Price
$390,000
Premium/Discount to List
-$8,000
-2.01%
Views
484
Current Estimated Value
$428,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,775
Avg. Annual Appreciation
3.98%
Original Mortgage
$382,936
Outstanding Balance
$372,771
Interest Rate
6.43%
Mortgage Type
FHA
Estimated Equity
$56,004

Purchase Details

Closed on
May 31, 2022
Sold by
Shiver Roy S
Bought by
Chimi Group Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
4.31%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 26, 2008
Sold by
Consumer Solutions Reo Llc
Bought by
Shiver Roy S and Shiver Roy D

Purchase Details

Closed on
Feb 7, 2008
Sold by
Countrywide Home Loans Inc
Bought by
Consumer Solutions Reo Llc

Purchase Details

Closed on
Sep 12, 2007
Sold by
Restrepo Alexander
Bought by
Countrywide Home Loans Servicing Lp and Park Sienna

Purchase Details

Closed on
Sep 19, 2006
Sold by
Lopez Joaquin
Bought by
Restrepo Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.59%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 9, 2004
Sold by
Shiver Dan and Shiver Roy
Bought by
Lopez Joaquin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
5.62%
Mortgage Type
Fannie Mae Freddie Mac
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
Resendiz Rogelio E $390,000 My Home Title
Chimi Group Investment Llc $245,000 Giannell Title
Shiver Roy S $70,000 Watson Title Insurance Inc
Consumer Solutions Reo Llc -- Watson Title Insurance Inc
Countrywide Home Loans Servicing Lp -- None Available
Restrepo Alexander $225,000 Premier Title & Research Inc
Lopez Joaquin $122,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Resendiz Rogelio E $382,936
Previous Owner Chimi Group Investment Llc $245,000
Previous Owner Restrepo Alexander $180,000
Previous Owner Lopez Joaquin $105,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/26/2023 07/26/23 Rented $2,800 0.0% --
07/07/2023 07/07/23 For Rent $2,800 0.0% --
05/26/2023 05/26/23 Sold $390,000 -2.0% $349 / Sq Ft View Prior Sale
04/21/2023 04/21/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $398,000 -- $356 / 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 $7,069 $339,801 $150,000 $189,801
2024 $4,688 $331,118 $150,000 $181,118
2023 $4,688 $216,807 $112,500 $104,307
2022 $3,087 $115,307 $0 $0
2021 $2,724 $104,825 $0 $0
2020 $2,385 $122,118 $45,000 $77,118
2019 $2,197 $115,702 $37,500 $78,202
2018 $1,901 $97,721 $26,250 $71,471
2017 $1,744 $71,599 $0 $0
2016 $1,598 $65,090 $0 $0
2015 $1,480 $59,173 $0 $0
2014 $1,333 $53,794 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11415863

MIAMI REALTORS® MLS

APN: 16-7825-010-1060