NOT LISTED FOR SALE

5748 SW 53rd Terrace Miami, FL 33155

Estimated Value: $1,077,623 - $1,294,000

4 Beds
2 Baths
2,261 Sq Ft
$502/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $1,000,000 $442 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,115/month

13 Days on Market

Highlights

  • Greenhouse
  • Deck
  • Attic
  • David Fairchild Elementary School Rated A-
  • Ranch Style House
  • No HOA

About This Home

As of July 2024

Priced to sell! Charming one story, single family home in highly sought out area of South Miami, centrally located, family-friendly. Access to top-rated schools. Situated in a picturesque neighborhood, this residence is ideal for families seeking a tranquil community. Four Bedrooms, two bath, laundry room, spacious family room that leads out to covered deck, perfect for outside entertaining. Greenhouse and detached workshop with storage room attached.

Last Agent to Sell the Property

Susan Kedem

J.P. Realty, Inc. License #3552856 Listed on: 05/24/2024

Last Buyer's Agent

Arai Penate

MMLS Assoc.-Inactive Member License #3266094

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,720

Year Built

  • Built in 1978

Lot Details

  • 7,050 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,261 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Family Room
  • Workshop
  • Storage Room
  • Ceramic Tile Flooring
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Deck
  • Exterior Lighting
  • Greenhouse
  • Porch

Schools

  • Fairchild; David Elementary School
  • South Miami Middle School
  • South Miami High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Riviera Pines Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-40-24-032-0101

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,720

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1978
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story, Ranch
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: RIVIERA PINES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater
  • Interior Amenities: First Floor Entry, Pantry, Walk-In Closet(s), Attic, Family Room, Storage, Utility Room/Laundry, Workshop
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 2261
  • Possible Use: Primary
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area
  • Living Room Features: Attic, Family Room, Storage Room, Utility Room/Laundry, Workshop

Exterior Features

  • Roof: Shingle
  • View: None
  • Exterior Features: Lighting
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Greenhouse
  • Patio And Porch Features: Deck, Open Porch
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RIVIERA PINES
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Window/Wall
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Fairchild; David
  • High School: South Miami
  • Middle Or Junior School: South Miami

Lot Info

  • Parcel Number: 09-40-24-032-0101
  • Lot Size Sq Ft: 7050
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10720

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Jul 12, 2024
Sold by
Patten Robert and Freeman Keith
Bought by
Collins Michael and Collins Gabriela Albela
Seller's Agent
Susan Kedem
J.P. Realty, Inc.
Buyer's Agent
Arai Penate
MMLS Assoc.-Inactive Member
List Price
$1,150,000
Sold Price
$1,000,000
Premium/Discount to List
-$150,000
-13.04%
Views
24
Current Estimated Value
$1,135,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,656
Avg. Annual Appreciation
5.85%
Original Mortgage
$625,000
Outstanding Balance
$618,590
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$450,210

Purchase Details

Closed on
Jan 5, 2018
Sold by
Thomas E Weller
Bought by
Patten Robert and Freeman Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,212
Interest Rate
3.95%

Purchase Details

Closed on
Jan 4, 2017
Sold by
Weller Thomas E and Weller Roberta S
Bought by
Patten Robert and Freeman Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,212
Interest Rate
4.03%
Mortgage Type
New Conventional
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Collins Michael $1,000,000 None Listed On Document
Patten Robert -- --
Patten Robert $519,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Michael $625,000
Previous Owner Patten Robert $389,212
Previous Owner Patten Robert --
Previous Owner Patten Robert $389,212
Previous Owner Weller Thomas E $97,387
Previous Owner Weller Thomas E $50,275
Previous Owner Weller Thomas E $100,456
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $1,000,000 -13.0% $442 / Sq Ft
06/06/2024 06/06/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $1,150,000 -- $509 / 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 $11,706 $694,920 $458,250 $236,670
2024 $10,720 $606,839 -- --
2023 $10,720 $544,519 $0 $0
2022 $9,802 $495,018 $0 $0
2021 $9,044 $450,017 $285,525 $164,492
2020 $8,458 $419,575 $253,800 $165,775
2019 $8,067 $399,120 $232,650 $166,470
2018 $7,639 $386,299 $218,550 $167,749
2017 $1,428 $113,033 $0 $0
2016 $1,413 $110,709 $0 $0
2015 $1,427 $109,940 $0 $0
2014 $1,445 $109,068 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11591973

MIAMI REALTORS® MLS

APN: 09-4024-032-0101