NOT LISTED FOR SALE

5840 SW 111th Terrace Miami, FL 33156

Estimated Value: $3,026,000 - $4,347,000

6 Beds
5 Baths
5,320 Sq Ft
$650/Sq Ft Est. Value

Last Sold May 31, 2012

Last sale price $1,030,000 $194 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $19,964/month

69 Days on Market

Highlights

  • In Ground Pool
  • Vaulted Ceiling
  • Garden View
  • Pinecrest Elementary School Rated A
  • Ranch Style House
  • Jettted Tub and Separate Shower in Primary Bathroom

About This Home

As of May 2012

HIGHLY SOUGHT-AFTER BIG FAMILY HOME IN THE ELYSIUM! HUGE 6/5 + BONUS ROOM W/5320 SQFT. RENOVATED EXTENSIVELY IN 1990 BY HOLLUB HOMES INCLUDING HUGE MASTER SUITE ADDITION & LOVINGLY MAINTAINED OVER THE YEARS. SPACIOUS KITCHEN-FAMILY ROOM FEATURES VAULTE D CEILINGS, EAT-IN AREA, DOUBLED-SIDED FIREPLACE & WET BAR! GIGANTIC BEDROOMS + PERFECT 1/1 GUEST QUARTERS OR MAID'S ROOM. INDOOR LAUNDRY, 2-CAR GARAGE, FRONT ENTRY CARPORT & MORE! 34K SQFT QUIET CORNER LOT ON ZERO TRAFFIC STREET.

Last Agent to Sell the Property

Hazel Goldman

RE/MAX Advance Realty License #0312376 Listed on: 02/06/2012

RE/MAX Advance Realty

Co-Listed By

Evan Goldman

RE/MAX Advance Realty License #3122806

Last Buyer's Agent

Matey Veissi

Veissi & Associates, Inc. License #0138282

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,777

Year Built

  • Built in 1968

Lot Details

  • 0.78 Acre Lot
  • North Facing Home
  • Fenced
  • Corner Lot
  • Property is zoned 23/ESTAT

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Attached Carport Spaces
  • Circular Driveway
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Ranch Style House
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,320 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Blinds
  • French Doors
  • Family Room
  • Formal Dining Room
  • Den

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms
  • Bidet
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Intercom Access
  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Patio
  • Exterior Lighting

Location

  • East of U.S. Route 1

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • The Elysium Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-50-12-028-0050

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,777

Year Built

Built in 1968

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1968
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story, Ranch
  • Carport Y N: Yes
  • Directions: SELLER'S DISCLOSURE & SCHEMATIC ATTACHED.
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: THE ELYSIUM
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Wall Oven, Washer
  • Interior Amenities: Built-in Features, French Doors, Laundry Tub, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Door Features: French Doors
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Furnished: Unfurnished
  • Living Area: 5320
  • Other Equipment: Intercom
  • Possible Use: Primary
  • Window Features: Hurricane Shutters, Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Flat Tile
  • View: Garden, Pool
  • Exterior Features: Fruit Trees, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Disclosures: Disclosure
  • Fencing: Fenced
  • Lot Features: 3/4 To Less Than 1 Acre Lot, Corner Lot, East Of US 1
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: THE ELYSIUM
  • Carport Spaces: 2
  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport, Circular Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Laundry Features: Laundry Tub, Utility Room/Laundry
  • Security: Owned Burglar Alarm, Smoke Detector

Condo/Co-op/Association

  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association: Yes
  • Community Features: None
  • ResoAssociationFeeFrequency: Annually

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

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

Lot Info

  • Parcel Number: 20-50-12-028-0050
  • Lot Size Sq Ft: 33977
  • Zoning: 23/ESTAT
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 10777

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2012
Closed on
May 24, 2012
Sold by
Nelson Ronald C and Nelson Loretta
Bought by
Siman Humberto and Siman Zeenat
Seller's Agent
Hazel Goldman
RE/MAX Advance Realty
Buyer's Agent
Matey Veissi
Veissi & Associates, Inc.
List Price
$1,030,000
Sold Price
$1,030,000
Current Estimated Value
$3,458,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,428,791
Avg. Annual Appreciation
9.62%
Original Mortgage
$700,000
Interest Rate
3.9%
Mortgage Type
New Conventional
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
Siman Humberto $1,030,000 Union Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siman Humberto $592,000
Closed Siman Humberto $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2012 05/31/12 Sold $1,030,000 0.0% $194 / Sq Ft
04/16/2012 04/16/12 Pending -- -- --
02/06/2012 02/06/12 For Sale $1,030,000 -- $194 / 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 $12,906 $745,171 -- --
2024 $12,268 $724,171 -- --
2023 $12,268 $703,079 $0 $0
2022 $11,860 $682,601 $0 $0
2021 $11,829 $662,720 $0 $0
2020 $11,697 $653,571 $0 $0
2019 $11,488 $638,877 $0 $0
2018 $10,985 $626,965 $0 $0
2017 $10,726 $614,070 $0 $0
2016 $10,693 $601,440 $0 $0
2015 $10,824 $597,260 $0 $0
2014 $10,960 $592,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1602157

MIAMI REALTORS® MLS

APN: 20-5012-028-0050