NOT LISTED FOR SALE

518 NW 47th Terrace Miami, FL 33127

Little Haiti Neighborhood

Estimated Value: $499,559 - $634,000

2 Beds
1 Bath
799 Sq Ft
$687/Sq Ft Est. Value

Last Sold April 17, 2020

Last sale price $273,500 $342 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $3,222/month

19 Days on Market

Highlights

  • Sun or Florida Room
  • Tile Flooring
  • 1-Story Property
  • No HOA
  • Guest Parking
  • 3-minute walk to North Bay Vista

About This Home

As of April 2020

Fully renovated 2/1 house, in the Desirable Buena Vista neighborhood. This turn-key property has new porcelain tile throughout, new kitchen cabinets, granite counter with stainless steel appliances. The remodeled bathroom was new shower, tile and vanity. 2019, brand new roof, A/C and water heater. Updated electrical, fresh interior & exterior paint, spacious Florida room, washer/dryer, carport and more.
Rear fence to be installed prior to closing.

Last Agent to Sell the Property

Jennie Farshchian

Premier Brokers International License #3266831 Listed on: 02/06/2020

Last Buyer's Agent

Yamila Lopez

Royal Experience Realty Group License #3116546

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $415

Year Built

  • Built in 1939

Lot Details

  • 5,000 Sq Ft Lot
  • North Facing Home
  • Property is zoned 0104

Home Design

  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • 799 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Sun or Florida Room
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • Driveway
  • Guest Parking
  • On-Street Parking
  • Open Parking

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-31-24-001-2870

Community Details

Overview

  • No Home Owners Association
  • Bay Vista Park Amd Pl Subdivision

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$415

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1939
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: BAY VISTA PARK AMD PL
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: First Floor Entry, Family Room, Florida Room
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 799
  • Possible Use: Primary
  • Bedroom Features: Entry Level, Master Bedroom Ground Level
  • Living Room Features: Family Room, Florida Room

Exterior Features

  • Roof: Shingle
  • View: None
  • Exterior Features: None, Other
  • Construction Type: Frame With Stucco
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: BAY VISTA PARK AMD PL
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway, Guest, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: Laundry Facilities, Paved Road, Public Road, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-24-001-2870
  • Lot Size Sq Ft: 5000
  • Zoning: 0104
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 415

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2020
Closed on
Apr 17, 2020
Sold by
Lpi Home Buyers Llc
Bought by
Alvarez Giselle
Seller's Agent
Jennie Farshchian
Premier Brokers International
Buyer's Agent
Yamila Lopez
Royal Experience Realty Group
List Price
$273,500
Sold Price
$273,500
Current Estimated Value
$548,890

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,390
Avg. Annual Appreciation
13.40%
Original Mortgage
$259,825
Outstanding Balance
$229,295
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$319,595

Purchase Details

Closed on
Apr 19, 2019
Sold by
Cornerstone Bomebuyers Inc
Bought by
Lpi Home Buyers Llc

Purchase Details

Closed on
Jul 31, 2014
Sold by
Williams Sadie
Bought by
Williams Sadie and Williams Nathan
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
Alvarez Giselle $273,500 Attorney
Lpi Home Buyers Llc -- Marina Title Llc
Cornerstone Homebuyers Inc -- Marina Title Llc
Williams Sadie -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Giselle $259,825
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2020 04/17/20 Sold $273,500 0.0% $342 / Sq Ft
02/06/2020 02/06/20 For Sale $273,500 -- $342 / 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 $4,016 $229,740 -- --
2024 $3,976 $223,266 -- --
2023 $3,976 $216,764 $0 $0
2022 $3,852 $210,451 $0 $0
2021 $3,834 $204,322 $140,154 $64,168
2020 $4,266 $182,443 $129,930 $52,513
2019 $440 $33,064 $0 $0
2018 $432 $32,448 $0 $0
2017 $429 $31,781 $0 $0
2016 $426 $31,128 $0 $0
2015 $426 $30,912 $0 $0
2014 $426 $30,667 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennie Farshchian

    Seller's Agent in 2020

    Jennie Farshchian

    Premier Brokers International

    (786) 301-3469

    1 in this area

    41 Total Sales

    Jennie Farshchian
    Section Image
  • Yamila Lopez

    Buyer's Agent in 2020

    Yamila Lopez

    Royal Experience Realty Group

    (305) 308-4304

    24 Total Sales

    Yamila Lopez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10813394

MIAMI REALTORS® MLS

APN: 01-3124-001-2870

Florida Miami/Dade County Miami 33127 Little Haiti

518 NW 47th Terrace, Miami, FL

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