NOT LISTED FOR SALE

520 NE 50th Terrace Miami, FL 33137

Upper East Side South Neighborhood

Estimated Value: $1,596,219 - $1,812,000

3 Beds
2 Baths
1,890 Sq Ft
$917/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $1,400,000 $741 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $11,814/month

145 Days on Market

Highlights

  • RV or Boat Parking
  • Room in yard for a pool
  • Garden View
  • Gated Community
  • Wood Flooring
  • No HOA

About This Home

As of October 2022

Welcome to Morningside, Highly Sought-after Neighborhood located in the Heart of Miami. This Modern style home boosts 3 Bedrooms, 2 Bathrooms while offering an Open floor plan with Wood and Tile Flooring Throughout. Beautiful Fireplace with Decorative Tiles acts as the Main Focal Point. The Kitchen is equipped with Custom Cabinets, SS Appliances and Granite Countertops. This Home also Features a Large Master Suite, Spacious Guests Rooms, Newer Roof, Newer A/C, Impact Windows and a Beautiful Lush and Tropical Backyard with Fruit Bearing Trees and Plants. There is also a Large Covered Patio along with an Outdoor Bar and Shed for additional Storage. The Home is Walking Distance to the Beloved Morningside Park and just Minutes Away from the Art & Design District, Wynwood and Downtown Area.

Last Agent to Sell the Property

Kyle Belanger

LoKation License #3410530 Listed on: 05/24/2022

LoKation

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,839

Year Built

  • Built in 1950

Lot Details

  • 8,025 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 1 Car Garage
  • Circular Driveway
  • On-Street Parking
  • Open Parking
  • RV or Boat Parking

Home Design

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

Interior Spaces

  • 1,890 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Decorative Fireplace
  • French Doors
  • Family Room
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Partial Panel Shutters or Awnings
  • Partial Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Room in yard for a pool
  • Patio
  • Shed
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-32-19-004-1000

Community Details

Overview

  • No Home Owners Association
  • Park Plaza Subdivision
  • Maintained Community

Amenities

  • Picnic Area

Security

  • Security Service
  • Resident Manager or Management On Site
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,839

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: PARK PLAZA
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Cooking Island, French Doors, Pantry, Split Bedroom, Family Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace Features: Fireplace, Decorative
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 1890
  • Possible Use: Primary
  • Window Features: Clear Impact Glass, Partial Impact Glass, Partial Panel Shutters/Awnings, Hurricane Shutters, Impact Glass
  • Bedroom Features: Entry Level, Master Bedroom Ground Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen, Snack Bar/Counter
  • Living Room Features: Family Room

Exterior Features

  • Roof: Flat Roof With Facade Front
  • View: Garden
  • Exterior Features: Fruit Trees, Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Other Structures: Shed(s)
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: PARK PLAZA
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Covered, Rv/Boat Parking, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated Community, Maintained Community, Management On Site, Picnic Area, Private Roads, Security Patrol, Sidewalks, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-19-004-1000
  • Lot Size Sq Ft: 8025
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4839

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2022
Closed on
Oct 26, 2022
Sold by
Peraga Alejandro C and Peraga Emelita L
Bought by
Wapi Llc
Seller's Agent
Kyle Belanger
LoKation
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$1,799,000
Sold Price
$1,400,000
Premium/Discount to List
-$399,000
-22.18%
Views
4
Current Estimated Value
$1,732,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,555
Avg. Annual Appreciation
10.38%
Original Mortgage
$980,000
Outstanding Balance
$946,356
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$903,341

Purchase Details

Closed on
Oct 8, 1996
Sold by
Birmelin Robert C and Birmelin Regina C
Bought by
Peraga Alejandro C and Peraga Emelita L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7.87%
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
Wapi Llc $1,400,000 Naples Title
Peraga Alejandro C $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wapi Llc $980,000
Previous Owner Peraga Alejandro C $550,000
Previous Owner Peraga Alejandro C $388,800
Previous Owner Peraga Alejandro C $48,600
Previous Owner Peraga Alejandro $100,000
Previous Owner Peraga Alejandro C $30,000
Previous Owner Peraga Alejandro C $226,786
Previous Owner Peraga Alejandro C $210,421
Previous Owner Peraga Alejandro C $39,541
Previous Owner Peraga Alejandro C $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $1,400,000 -15.2% $741 / Sq Ft
06/28/2022 06/28/22 Price Changed $1,650,000 -8.3% $873 / Sq Ft
06/02/2022 06/02/22 For Sale $1,799,000 -- $952 / 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 $28,482 $1,314,640 $1,003,125 $311,515
2024 $26,712 $1,314,475 -- --
2023 $26,712 $1,194,978 $882,694 $312,284
2022 $4,858 $186,615 $0 $0
2021 $4,839 $181,180 $0 $0
2020 $4,273 $160,356 $0 $0
2019 $4,202 $156,751 $0 $0
2018 $4,088 $153,829 $0 $0
2017 $4,067 $150,666 $0 $0
2016 $3,790 $147,568 $0 $0
2015 $4,273 $146,543 $0 $0
2014 $3,342 $145,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kyle Belanger

    Seller's Agent in 2022

    Kyle Belanger

    LoKation Real Estate

    (954) 348-8213

    1 in this area

    70 Total Sales

    Kyle Belanger
    Section Image

  • N

    Buyer's Agent in 2022

    NON-MLS MEMBER

    MAR NON MLS MEMBER

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11211260

MIAMI REALTORS® MLS

APN: 01-3219-004-1000

Florida Miami/Dade County Miami 33137 Upper East Side South

520 NE 50th Terrace, Miami, FL

This home is located at 520 NE 50th Terrace, Miami, FL 33137 since 24 May 2022 and is currently estimated at $1,732,555, approximately $916 per square foot. This property was built in 1950. 520 NE 50th Terrace is a home located in Miami-Dade County with nearby schools including Morningside K-8 Academy, Horace Mann Middle School, and Booker T. Washington 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.

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