NOT LISTED FOR SALE

5864 SW 74th Terrace Unit C South Miami, FL 33143

Estimated Value: $605,000 - $838,000

2 Beds
2.5 Baths
1,497 Sq Ft
$479/Sq Ft Est. Value

Last Sold October 20, 2021

Last sale price $489,000 $327 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,416/month

39 Days on Market

Highlights

  • Marble Flooring
  • Garden View
  • High Impact Windows
  • Sunset Elementary School Rated A
  • 2 Car Attached Garage
  • Separate Shower in Primary Bathroom

About This Home

As of October 2021

Stunning townhome in the heart of South Miami. This townhome is unique because it has a two car garage with interior stairs into the unit. The 2 bedroom/2.5 bath home is in move in conditions. Steps to all the restaurants and shops in the area. If you are looking for excellent schools look no more this is it.

Last Agent to Sell the Property

Josefina Delgado

Coldwell Banker Realty License #3045680 Listed on: 07/26/2021

Coldwell Banker Realty

Last Buyer's Agent

Luis Rivera

Keller Williams Realty International Lifestyles License #3283428

Keller Williams Realty International Lifestyles

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,717

Year Built

  • Built in 2006

Lot Details

  • North Facing Home
  • Fenced

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,497 Sq Ft Home
  • 2-Story Property
  • French Doors
  • Combination Dining and Living Room
  • Marble Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Sunset Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Additional Features

  • Exterior Lighting
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 09-40-36-093-0030

Community Details

Overview

  • Property has a Home Owners Association
  • 7 Units
  • Palms Of Sunset Condo
  • Palms Of Sunset Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $536

Security

  • Phone Entry
  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,717

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Townhouse
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Subdivision Name: PALMS OF SUNSET CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, French Doors
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors, French Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1497
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Window Features: High Impact Windows
  • Bedroom Features: Master Bedroom Upstairs
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Separate Tub & Shower

Exterior Features

  • View: Garden View
  • Exterior Features: East Of Us1
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PALMS OF SUNSET CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Covered, Parking-Under Building, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Complex Fenced, Phone Entry, Secured Garage/Parking

Condo/Co-op/Association

  • Amenities: Exterior Lighting
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Sunset
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 09-40-36-093-0030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6717

Multi Family

  • Maintenance Expense: 536
  • Number Of Units In Community: 7
  • Number Of Units Total: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2021
Closed on
Oct 20, 2021
Sold by
Bilbao Frank
Bought by
Peters Charles C and Peters Lourdes F
Seller's Agent
Josefina Delgado
Coldwell Banker Realty
Buyer's Agent
Luis Rivera
Keller Williams Realty International Lifestyles
List Price
$499,000
Sold Price
$489,000
Premium/Discount to List
-$10,000
-2%
Current Estimated Value
$716,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,588
Avg. Annual Appreciation
9.84%
Original Mortgage
$409,000
Outstanding Balance
$373,402
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$343,186

Purchase Details

Closed on
Dec 2, 2005
Sold by
Palms Of Sunset Joint Venture
Bought by
Bilbao Frank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.08%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Peters Charles C $489,000 Near North Title Group
Bilbao Frank $429,000 Title Company Of America Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peters Charles C $409,000
Previous Owner Bilbao Frank $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/20/2021 10/20/21 Sold $489,000 -2.0% $327 / Sq Ft
08/28/2021 08/28/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $499,000 0.0% $333 / Sq Ft
08/01/2020 08/01/20 Rented $2,650 0.0% --
06/22/2020 06/22/20 For Rent $2,650 0.0% --
10/15/2018 10/15/18 Under Contract -- -- --
10/01/2018 10/01/18 Rented $2,650 -3.6% --
06/12/2018 06/12/18 For Rent $2,750 +3.8% --
08/01/2017 08/01/17 Rented $2,650 -3.6% --
07/13/2017 07/13/17 Under Contract -- -- --
04/06/2017 04/06/17 For Rent $2,750 -- --
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 $7,753 $460,245 -- --
2024 $7,548 $447,275 -- --
2023 $7,548 $434,248 $0 $0
2022 $7,318 $421,600 $0 $0
2021 $6,836 $340,000 $0 $0
2020 $6,853 $340,000 $0 $0
2019 $6,870 $340,000 $0 $0
2018 $7,211 $365,000 $0 $0
2017 $7,040 $349,999 $0 $0
2016 $6,765 $318,181 $0 $0
2015 $6,267 $289,256 $0 $0
2014 $5,546 $262,960 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Josefina Delgado

    Seller's Agent in 2021

    Josefina Delgado

    Coldwell Banker Realty

    (305) 219-3153

    1 in this area

    70 Total Sales

    Josefina Delgado
    Section Image
  • Luis Rivera

    Buyer's Agent in 2021

    Luis Rivera

    Keller Williams Realty International Lifestyles

    (786) 766-1777

    1 in this area

    77 Total Sales

    Luis Rivera
    Section Image
  • Nina Winiger

    Buyer's Agent in 2018

    Nina Winiger

    London Foster Realty

    (786) 241-6346

    5 Total Sales

    Nina Winiger
    Section Image
  • Monica Steinmuller

    Buyer's Agent in 2017

    Monica Steinmuller

    Coldwell Banker Realty

    (305) 282-8535

    1 in this area

    24 Total Sales

    Monica Steinmuller
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11073669

MIAMI REALTORS® MLS

APN: 09-4036-093-0030

Florida Miami/Dade County South Miami 33143

5864 SW 74th Terrace Unit C, South Miami, FL

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