NOT LISTED FOR SALE

Estimated Value: $509,000 - $719,000

3 Beds
1 Bath
1,753 Sq Ft
$354/Sq Ft Est. Value

About This Home

This home is located at 5493 SW 89th Place, Miami, FL 33165 and is currently estimated at $620,766, approximately $354 per square foot. 5493 SW 89th Place is a home located in Miami-Dade County with nearby schools including Blue Lakes Elementary School, Glades Middle School, and Southwest Miami Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2023
Sold by
Guerra Reinaldo
Bought by
5493 Sw 89Th Place Miami Llc
Current Estimated Value
$620,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.63%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 9, 2013
Sold by
Guerra Reinaldo and Gascon Maria
Bought by
Guerra Reinaldo and Guerra Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
3.18%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Feb 10, 1998
Sold by
Jose and Sanchez Gema
Bought by
Guerra Reinaldo and Gascon Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,800
Interest Rate
7.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 1994
Sold by
Morales Manuel and Morales Esther Triana
Bought by
Sanchez Jose and Sanchez Gema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
8.56%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
5493 Sw 89Th Place Miami Llc $400,200 Title Answers
5493 Sw 89Th Place Miami Llc $400,200 Title Answers
Guerra Reinaldo -- Evergreen Title Services
Guerra Reinaldo $141,900 --
Sanchez Jose $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 5493 Sw 89Th Place Miami Llc $300,000
Previous Owner Guerra Reinaldo $562,500
Previous Owner Guerra Reinaldo $562,500
Previous Owner Guerra Reinaldo $462,000
Previous Owner Guerra Reinaldo $435,000
Previous Owner Guerra Reinaldo $159,000
Previous Owner Guerra Reinaldo $134,800
Previous Owner Sanchez Jose $57,000
Source: Public Records

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 $9,374 $524,290 $333,900 $190,390
2024 $7,048 $509,600 $318,795 $190,805
2023 $7,048 $360,805 $0 $0
2022 $6,278 $328,005 $0 $0
2021 $5,764 $298,187 $186,825 $111,362
2020 $5,503 $282,540 $170,925 $111,615
2019 $2,608 $158,669 $0 $0
2018 $2,491 $155,711 $0 $0
2017 $2,453 $152,509 $0 $0
2016 $2,433 $149,373 $0 $0
2015 $2,453 $148,335 $0 $0
2014 -- $124,381 $0 $0
Source: Public Records

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