NOT LISTED FOR SALE

5801 SW 42nd Terrace Miami, FL 33155

Estimated Value: $1,203,000 - $1,554,000

5 Beds
5 Baths
3,040 Sq Ft
$434/Sq Ft Est. Value

Last Sold July 16, 2021

Last sale price $950,000 $312 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $8,352/month

40 Days on Market

Highlights

  • RV or Boat Parking
  • Room in yard for a pool
  • Sun or Florida Room
  • David Fairchild Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of July 2021

Location, location, location! Unique corner property located on an oversized lot. Steps from Coral Gables, short bike ride to UM University, minutes from Coconut Grove and Downtown Miami. Beautiful 2 home property with potential for an in-law suite, home, office, or rental income. Lush fruit trees, move-in ready with opportunities for renovations.

The main house has 3b/3b and other 2b/2b w/den; zoned for 2-9 units. Great investment/income-producing property or for anyone interested in living next door to their business (no travel time). Currently, tenant occupied.

Last Agent to Sell the Property

Alexandra Zuazo

United Realty Group Inc License #3440584 Listed on: 04/01/2021

United Realty Group Inc

Last Buyer's Agent

Daimara Olano

D'Realty, Inc. License #3298094

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,414

Year Built

  • Built in 1948

Lot Details

  • 0.27 Acre Lot
  • Southeast Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,040 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Den
  • Sun or Florida Room
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Terrazzo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • In-Law or Guest Suite
  • 5 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • Driveway
  • Guest Parking
  • Open Parking
  • RV or Boat Parking

Outdoor Features

  • Room in yard for a pool
  • Shed
  • Porch

Utilities

  • Central Air
  • No Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • Westerfield Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-24-006-0240

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,414

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story, Twin Homes
  • Directions: Head S toward FL-976 E/SW 40th St/Bird Road, turn left & stay on SW 42 St, turn right onto FL-976 E/SW 40th St/Bird Rd, turn right onto SW 59th Ave, turn left onto SW 42nd Terrace.
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: WESTERFIELD MANOR
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Disposal, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Split Bedroom, Den/Library/Office, Florida Room, Separate Guest/In-Law Quarters, Utility Room/Laundry
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Flooring: Ceramic Floor, Terrazzo, Wood
  • Furnished: Unfurnished
  • Living Area: 3040
  • Possible Use: Investment
  • Bedroom Features: Entry Level, Master Bedroom Ground Level
  • Living Room Features: Den/Library/Office, Florida Room, Separate Guest/In-Law Quarters, Utility Room/Laundry

Exterior Features

  • Roof: Shingle
  • View: None
  • Exterior Features: Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: Southeast
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Other Structures: Extra Building/Shed
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: WESTERFIELD MANOR
  • Open Parking: Yes
  • Parking Features: Driveway, Guest, Rv/Boat Parking

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: None
  • Heating Yn: No
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-40-24-006-0240
  • Lot Size Sq Ft: 11692
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 8414

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jul 16, 2021
Sold by
Cruz Martha and Riverah Ciaara
Bought by
5801 Sw 42Nd Terrace Llc
Seller's Agent
Alexandra Zuazo
United Realty Group Inc
Buyer's Agent
Daimara Olano
D'Realty, Inc.
List Price
$1,050,000
Sold Price
$950,000
Premium/Discount to List
-$100,000
-9.52%
Current Estimated Value
$1,318,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,440
Avg. Annual Appreciation
7.94%
Original Mortgage
$760,000
Outstanding Balance
$715,969
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$602,471

Purchase Details

Closed on
Apr 15, 1996
Sold by
Cruz Martha and Cruz Juana
Bought by
Cruz Martha and Cruz Juana

Purchase Details

Closed on
Mar 31, 1995
Sold by
Olivero Miguel A and Olivero Rosa I
Bought by
Lezcano Martha and Cruz Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
8.35%
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
5801 Sw 42Nd Terrace Llc $950,000 Wall Street Title Group Inc
Cruz Martha $100 --
Lezcano Martha $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5801 Sw 42Nd Terrace Llc $760,000
Previous Owner Cruz Martha $120,600
Previous Owner Lezcano Martha $130,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2021 07/16/21 Sold $950,000 -9.5% $313 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $1,050,000 -- $345 / 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 $17,407 $1,039,303 -- --
2024 $16,043 $944,821 $527,780 $417,041
2023 $16,043 $871,775 $0 $0
2022 $14,525 $792,523 $383,840 $408,683
2021 $8,751 $482,108 $0 $0
2020 $8,414 $461,586 $0 $0
2019 $8,614 $471,733 $0 $0
2018 $0 $451,570 $0 $0
2017 $7,734 $428,712 $0 $0
2016 $7,429 $405,935 $0 $0
2015 $7,394 $391,808 $0 $0
2014 $7,150 $371,085 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alexandra Zuazo

    Seller's Agent in 2021

    Alexandra Zuazo

    United Realty Group Inc

    (786) 546-5464

    1 Total Sale

    Alexandra Zuazo
    Section Image
  • Daimara Olano

    Buyer's Agent in 2021

    Daimara Olano

    D'Realty, Inc.

    (786) 238-9663

    36 Total Sales

    Daimara Olano
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11021827

MIAMI REALTORS® MLS

APN: 30-4024-006-0240

Florida Miami/Dade County Miami 33155

5801 SW 42nd Terrace, Miami, FL

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