NOT LISTED FOR SALE

5801 SW 114th Terrace Miami, FL 33156

Estimated Value: $6,680,000 - $7,728,054

7 Beds
7.5 Baths
6,401 Sq Ft
$1,152/Sq Ft Est. Value

Last Sold January 12, 2021

Last sale price $3,875,000 $605 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $45,217/month

103 Days on Market

Highlights

  • 1 Bedroom Guest House
  • New Construction
  • Sitting Area In Primary Bedroom
  • Pinecrest Elementary School Rated A
  • In Ground Pool
  • Maid or Guest Quarters

About This Home

As of January 2021

This beautiful brand new home has volume ceilings and open floor plan that buyers are looking for. The home has 7 bedrooms and a den , plus a separate guest house with 7.5 baths. A beautiful modern ItalKraft kitchen with wolf and subzero appliances. The marble island is very large and wonderful for entertaining. The walk in pantry will truly impress! The master closet is the size of a bedroom. The backyard has 2 large covered terraces with and an expansive pool deck and a summer kitchen to enjoy. The large heated pool with spa is spectacular and has plenty of yard for the kids to run around! The detached guest house is adjacent to the summer kitchen and has many possibilities. Then home is fully fenced and gated and has a beautiful avocado and mango tree on the side. A great family home!

Last Agent to Sell the Property

Tamie Seijas

Real Estate Sales Force License #650873 Listed on: 08/21/2020

Real Estate Sales Force

Co-Listed By

Dinorah Guerra

Real Estate Sales Force License #3160356

Last Buyer's Agent

Tere Shelton Bernace

Shelton and Stewart REALTORS License #3218871

Shelton and Stewart REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,732

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 0.93 Acre Lot
  • South Facing Home
  • Fenced
  • Property is zoned 2300

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Guest Parking
  • On-Street Parking
  • Open Parking

Home Design

  • Flat Tile Roof

Interior Spaces

  • 6,401 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Family or Dining Combination
  • Den

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Sitting Area In Primary Bedroom
  • Walk-In Closet
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • High Impact Door

Outdoor Features

  • In Ground Pool
  • Patio
  • Exterior Lighting
  • Outdoor Grill

Additional Homes

  • 1 Bedroom Guest House
  • One Bathroom Guest House

Schools

  • Pinecrest Elementary School
  • Palmetto Middle School
  • Miami Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Bruce Laurie Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-50-12-010-0050

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,732

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 2020
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Co List Office Mls Id: RESF01
  • Co List Office Phone: 305-392-1497
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: BRUCE-LAURIE SUB
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Disposal, Dryer, Gas Water Heater, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 7
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 6401
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Ground Level, Sitting Area - Master Bedroom
  • Dining Room Features: Eat-In Kitchen, Family/Dining Combination
  • Living Room Features: Den/Library/Office, Family Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Flat Tile
  • View: None
  • Exterior Features: Built-In Grill, Fruit Trees, Lighting
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BRUCE-LAURIE SUB
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway, Guest, On Street

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Owned Burglar Alarm

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Pinecrest
  • High School: Miami Palmetto
  • Middle Or Junior School: Palmetto

Lot Info

  • Parcel Number: 20-50-12-010-0050
  • Lot Size Sq Ft: 40467
  • Zoning: 2300
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 17732

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2020
Closed on
Jan 12, 2021
Sold by
5801 114 Terrace Llc
Bought by
Bonzon Carlos
Seller's Agent
Tamie Seijas
Real Estate Sales Force
Buyer's Agent
Tere Shelton Bernace
Shelton and Stewart REALTORS
List Price
$4,150,000
Sold Price
$3,875,000
Premium/Discount to List
-$275,000
-6.63%
Current Estimated Value
$7,377,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,502,014
Avg. Annual Appreciation
15.31%

Purchase Details

Closed on
Mar 22, 2018
Sold by
Fullerton Richard H and Fullerton Mary Lou
Bought by
5801 114 Terrace Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$767,000
Interest Rate
4.38%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Bonzon Carlos $3,875,000 Attorney
5801 114 Terrace Llc $1,180,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 5801 114 Terrace Llc $767,000
Previous Owner Fullerton Richard H $200,000
Previous Owner Fullerton Richard H $300,000
Previous Owner Fullerton Richard H $85,000
Previous Owner Fullerton Richard H $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2021 01/12/21 Sold $3,875,000 -3.1% $605 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
11/07/2020 11/07/20 Price Changed $3,999,999 -3.6% $625 / Sq Ft
08/20/2020 08/20/20 For Sale $4,150,000 -- $648 / 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 $61,204 $3,595,673 -- --
2024 $59,321 $3,494,338 -- --
2023 $59,321 $3,392,562 $0 $0
2022 $57,515 $3,681,145 $1,173,543 $2,507,602
2021 $43,537 $2,381,276 $930,741 $1,450,535
2020 $16,702 $890,274 $890,274 $0
2019 $17,732 $942,236 $930,741 $11,495
2018 $6,791 $390,467 $0 $0
2017 $6,584 $382,436 $0 $0
2016 $6,550 $374,571 $0 $0
2015 $6,627 $371,968 $0 $0
2014 $6,708 $369,016 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10912443

MIAMI REALTORS® MLS

APN: 20-5012-010-0050