NOT LISTED FOR SALE

5830 SW 2nd Terrace Miami, FL 33144

Flagami Neighborhood

Estimated Value: $729,423 - $818,000

4 Beds
3 Baths
2,440 Sq Ft
$312/Sq Ft Est. Value

Last Sold April 22, 2022

Last sale price $600,000 $246 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $5,081/month

154 Days on Market

Highlights

  • 1 Bedroom Guest House
  • No HOA
  • Converted Garage
  • Garden View
  • Den
  • Jalousie or louvered window

About This Home

As of April 2022

Great opportunity to own this 4 bedroom, 3 bath home (4th bedroom & 3rd bath are ideal for in-laws or teens & has a private entry). A very large Family rm & Dining area open to a big covered patio & tropical yard. There is an Inside Laundry rm + Den/Office. Updates include: recent roof (2+ years), gleaming tile flooring, stainless steel appliances, smooth skim-coat wall plaster, & two manual-operated gates (allows for secure parking). There is a detached 1 bedroom Guest House w/ separate electrical meter & private access. A super location just 2 blocks West of Red Rd, close to West End Park, downtown Miami, the Airport, Beaches, & more. Please Note: Actual bedroom/bath count differs from Miami-Dade Tax Rolls.

Last Agent to Sell the Property

Christy Lynch

Coldwell Banker Realty License #3164044 Listed on: 11/18/2021

Coldwell Banker Realty

Co-Listed By

Patricia Parker

Coldwell Banker Realty License #0171825

Last Buyer's Agent

Daile Rodriguez

Luxe Properties License #3433118

Luxe Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,832

Year Built

  • Built in 1952

Lot Details

  • 7,800 Sq Ft Lot
  • Lot Dimensions are 65x120
  • North Facing Home
  • Fenced
  • Interior Lot
  • Property is zoned 0100

Home Design

  • Shingle Roof

Interior Spaces

  • 2,440 Sq Ft Home
  • 1-Story Property
  • Paddle Fans
  • Jalousie or louvered window
  • Single Hung Metal Windows
  • Blinds
  • Family or Dining Combination
  • Den
  • Ceramic Tile Flooring
  • Garden Views
  • Partial Accordion Shutters

Kitchen

  • Eat-In Kitchen
  • Electric Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • Converted Garage
  • On-Street Parking
  • Open Parking

Additional Homes

  • 1 Bedroom Guest House
  • One Bathroom Guest House
  • Guest House Includes Living Room
  • Guest House Includes Kitchen

Schools

  • Fairlawn Elementary School
  • Kinlock Park Middle School
  • South Miami High School

Utilities

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

Additional Features

  • Patio
  • West of U.S. Route 1

Community Details

  • No Home Owners Association
  • Westlawn Corrected Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-40-01-017-0980

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,832

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Co List Office Mls Id: CBRE52
  • Co List Office Phone: 305-667-4815
  • Directions: Take Red Road (SW 57 Ave) to SW 2 Terrace, turn West and travel 2 blocks to home. NOTE: There is NO sign on the property.
  • Garage Yn: No
  • Horses: No
  • Lot Size: 65x120
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: WESTLAWN-CORRECTED PLAT
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom, Kitchen, Living Room
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Den/Library/Office, Family Room, Garage Converted, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 2440
  • Possible Use: Secondary
  • Window Features: Partial Accordian Shutters, Hurricane Shutters, Blinds, Jalousie, Single Hung Metal
  • Bedroom Features: Master Bedroom Ground Level
  • Dining Room Features: Eat-In Kitchen, Family/Dining Combination
  • Living Room Features: Den/Library/Office, Family Room, Garage Converted, Utility Room/Laundry
  • Master Bathroom Features: Shower Only

Exterior Features

  • Roof: Other, Shingle
  • View: Garden
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot, Interior Lot, West Of US 1
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: WESTLAWN-CORRECTED PLAT
  • Open Parking: Yes
  • Parking Features: Slab/Strip, On Street

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Paddle Fans, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • 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: Fairlawn
  • High School: South Miami
  • Middle Or Junior School: Kinlock Park

Lot Info

  • Parcel Number: 01-40-01-017-0980
  • Lot Size Sq Ft: 7800
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8832

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Apr 6, 2022
Sold by
Mayda Morales
Bought by
Reyes Yurisan Serrano
Seller's Agent
Christy Lynch
Coldwell Banker Realty
Buyer's Agent
Daile Rodriguez
Luxe Properties
List Price
$599,000
Sold Price
$600,000
Premium/Discount to List
$1,000
0.17%
Current Estimated Value
$761,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,856
Avg. Annual Appreciation
6.61%
Original Mortgage
$540,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2016
Sold by
The Cove Unisex Salon Corp
Bought by
Morales Mayda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,050
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 2014
Sold by
Morales Mayda
Bought by
The Cove Unisex Salon Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
4.19%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 15, 2010
Sold by
Morales Eumelia and Morales Mayda
Bought by
Morales Eumelia and Morales Mayda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
4.33%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jan 27, 2003
Sold by
Morales Eumelia
Bought by
Morales Eumelia and Morales Mayda
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
Reyes Yurisan Serrano $600,000 Precision Home Title
Morales Mayda -- Attorney
The Cove Unisex Salon Corp $98,900 Threshold Tilte & Escrow Inc
Morales Eumelia -- Priority Title Services Inc
Morales Eumelia -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Reyes Yurisan Serrano $540,000
Previous Owner Morales Mayda $180,050
Previous Owner The Cove Unisex Salon Corp $159,000
Previous Owner Morales Eumelia $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2022 04/22/22 Sold $600,000 +0.2% $246 / Sq Ft
11/18/2021 11/18/21 For Sale $599,000 -- $245 / 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 $12,493 $608,726 $351,000 $257,726
2024 $11,773 $585,683 $346,858 $238,825
2023 $11,773 $535,736 $296,314 $239,422
2022 $9,748 $419,364 $0 $0
2021 $8,832 $379,908 $202,808 $177,100
2020 $8,365 $357,096 $179,431 $177,665
2019 $7,585 $319,734 $169,954 $149,780
2018 $7,154 $313,532 $169,954 $143,578
2017 $6,564 $273,983 $0 $0
2016 $5,991 $238,843 $0 $0
2015 $5,588 $217,130 $0 $0
2014 $4,775 $177,018 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11125773

MIAMI REALTORS® MLS

APN: 01-4001-017-0980