NOT LISTED FOR SALE

568 SW 112th Ave Miami, FL 33174

Estimated Value: $745,000 - $975,000

6 Beds
4 Baths
2,782 Sq Ft
$299/Sq Ft Est. Value

Last Sold January 17, 2022

Last sale price $620,000 $223 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,420/month

15 Days on Market

Highlights

  • Deck
  • Sun or Florida Room
  • Bar
  • Main Floor Primary Bedroom
  • No HOA
  • Tile Flooring

About This Home

As of January 2022

Stunning large family home in the desirable community of Sweetwater! This corner property boasts 6 bedrooms & 4 baths Duplex style. The first floor enjoys 4 bedrooms & 3 baths. The second floor enjoys a 2 bed and 1 bath with its own separate outside entrance and its own electric meter. A new roof was installed in 2020 and the kitchens were recently updated. This property has 2,782 Sq Ft of living space and it is ideal for a large family or as a prime investment opportunity for rental income. It is centrally located with access to Florida International University, highway access to shopping malls and airport.

Last Agent to Sell the Property

Cesar Villarreal

Keller Williams Capital Realty License #3428680 Listed on: 11/30/2021

Keller Williams Capital Realty

Last Buyer's Agent

Alexander Vazquez

JFA Realty Co License #3521629

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,231

Year Built

  • Built in 1962

Lot Details

  • 6,200 Sq Ft Lot
  • South Facing Home
  • Property is zoned 5700

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,782 Sq Ft Home
  • 2-Story Property
  • Bar
  • Sun or Florida Room
  • Tile Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Deck

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Sweetwater Groves .14 Ac Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-40-06-001-0404

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,231

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1962
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Two Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: SWEETWATER GROVES .14 AC
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Second Floor Entry, Bar, Florida Room
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 2782
  • Possible Use: Investment
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Ground Level
  • Living Room Features: Florida Room

Exterior Features

  • Roof: Shingle
  • View: None
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SWEETWATER GROVES .14 AC
  • 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

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Road, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 25-40-06-001-0404
  • Lot Size Sq Ft: 6200
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7231

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 30, 2021
Closed on
Jan 13, 2022
Sold by
Pablo Ramos
Bought by
568 Real Estate Investment Llc
Seller's Agent
Cesar Villarreal
Keller Williams Capital Realty
Buyer's Agent
Alexander Vazquez
JFA Realty Co
List Price
$619,900
Sold Price
$620,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$833,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$213,009
Avg. Annual Appreciation
7.78%
Original Mortgage
$465,000
Outstanding Balance
$429,169
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$403,840

Purchase Details

Listed on
Nov 30, 2021
Closed on
Jan 12, 2022
Sold by
Estelles Juan
Bought by
Ramos Pablo
Seller's Agent
Cesar Villarreal
Keller Williams Capital Realty
Buyer's Agent
Alexander Vazquez
JFA Realty Co
List Price
$619,900
Sold Price
$620,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Outstanding Balance
$429,169
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$403,840

Purchase Details

Closed on
Oct 28, 1996
Sold by
Morales Eugene M and Morales Georgia E
Bought by
Estelles Juan and Estelles Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,000
Interest Rate
8.28%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
568 Real Estate Investment Llc -- New Title Company Name
568 Real Estate Investment Llc -- New Title Company Name
Ramos Pablo $620,000 Miami Title
Ramos Pablo $620,000 Miami Title
Estelles Juan $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramos Pablo $465,000
Closed Ramos Pablo $465,000
Previous Owner Estelles Juan $43,700
Previous Owner Estelles Juan $50,000
Previous Owner Estelles Juan $133,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/17/2022 01/17/22 Sold $620,000 0.0% $223 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
11/30/2021 11/30/21 For Sale $619,900 -- $223 / 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 $12,501 $683,559 -- --
2024 $11,116 $621,418 -- --
2023 $11,116 $564,926 $265,313 $299,613
2022 $7,942 $377,295 $0 $0
2021 $7,231 $342,996 $132,646 $210,350
2020 $7,283 $344,733 $132,646 $212,087
2019 $7,334 $346,469 $132,646 $213,823
2018 $7,195 $348,206 $132,646 $215,560
2017 $7,180 $325,977 $0 $0
2016 $6,496 $296,343 $0 $0
2015 $5,515 $269,403 $0 $0
2014 -- $253,290 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cesar Villarreal

    Seller's Agent in 2022

    Cesar Villarreal

    Keller Williams Capital Realty

    (305) 215-2916

    5 in this area

    120 Total Sales

    Cesar Villarreal
    Section Image

  • A

    Buyer's Agent in 2022

    Alexander Vazquez

    JFA Realty Co

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11130385

MIAMI REALTORS® MLS

APN: 25-4006-001-0404

Florida Miami/Dade County Miami 33174

568 SW 112th Ave, Miami, FL

Not Listed for Sale

Detached

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