NOT LISTED FOR SALE

5739 SW 58th Terrace Miami, FL 33143

Estimated Value: $764,355 - $918,000

3 Beds
2 Baths
1,308 Sq Ft
$640/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $425,000 $325 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $5,281/month

93 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Ceiling Fan
  • David Fairchild Elementary School Rated A-
  • Cooling Available
  • Heating Available

About This Home

As of October 2020

Improved with impact windows, recently tented. One brand new bath. This Duplex is an ideal land play in the South Miami Opportunity Zone. Big 10,530 sq ft lot (90x130. The lot backs up to very nice Single Family Residences. Pictures are current. Property uses currently uses well water as the sole water source but can be hooked up to Municipal water supply. Easy to show. Contact LA for access,

Last Agent to Sell the Property

Randell Simpson

Simpson Associates of Florida License #0200293 Listed on: 07/01/2020

Last Buyer's Agent

Randell Simpson

Simpson Associates of Florida License #0200293 Listed on: 07/01/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,075

Year Built

  • Built in 1950

Lot Details

  • 10,454

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,308 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Flooring

Utilities

  • Cooling Available
  • Heating Available
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units
  • University Groves Condos
  • University Groves Subdivision

Listing and Financial Details

  • Rent includes sewer, trash collection, water
  • Assessor Parcel Number 30-40-25-033-0040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,075

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1950
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: UNIVERSITY GROVES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Living Area: 1308
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: UNIVERSITY GROVES
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-40-25-033-0040
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7075

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2021
Sold by
Derosa Rosa Marie
Bought by
Rose Duplex Llc
Current Estimated Value
$837,089

Purchase Details

Listed on
Jul 1, 2020
Closed on
Oct 14, 2020
Sold by
Ketcham Dana K and Ketcham Dana Kay
Bought by
Derosa Rosa Marie
Seller's Agent
Randell Simpson
Simpson Associates of Florida
Buyer's Agent
Randell Simpson
Simpson Associates of Florida
List Price
$500,000
Sold Price
$425,000
Premium/Discount to List
-$75,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.40%

Purchase Details

Closed on
Jun 9, 2020
Sold by
Ketcham Dana K and Estate Of Edward Flynn
Bought by
Ketcham Dana K
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
Rose Duplex Llc -- Attorney
Derosa Rosa Marie $425,000 Attorney
Ketcham Dana K -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2020 10/16/20 Sold $425,000 -11.5% $325 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
09/01/2020 09/01/20 Price Changed $480,000 -4.0% $367 / Sq Ft
07/01/2020 07/01/20 For Sale $500,000 -- $382 / 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 $10,787 $570,764 -- --
2024 $9,416 $518,877 -- --
2023 $9,416 $471,707 $0 $0
2022 $8,378 $428,825 $292,988 $135,837
2021 $7,584 $372,851 $279,465 $93,386
2020 $7,125 $345,808 $252,420 $93,388
2019 $7,075 $345,590 $252,420 $93,170
2018 $0 $327,560 $234,390 $93,170
2017 $3,618 $174,915 $0 $0
2016 $3,245 $162,001 $0 $0
2015 $2,698 $150,765 $0 $0
2014 $2,698 $140,486 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Randell Simpson

    Seller's Agent in 2020

    Randell Simpson

    Simpson Associates of Florida

    (305) 542-2583

    36 Total Sales

    Randell Simpson
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10885696

MIAMI REALTORS® MLS

APN: 30-4025-033-0040

Florida Miami/Dade County Miami 33143

5739 SW 58th Terrace, Miami, FL

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