NOT LISTED FOR SALE

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

Estimated Value: $712,000 - $1,350,000

3 Beds
2.5 Baths
1,888 Sq Ft
$675/mo HOA Fee

Last Sold February 21, 2019

Last sale price $490,000 $260 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $6,363/month

142 Days on Market

Highlights

  • Marble Flooring
  • Balcony
  • Porch
  • Sunset Elementary School Rated A
  • Plantation Shutters
  • 2 Car Attached Garage

About This Home

As of February 2019

Beautiful townhouse in a gated community in the heart of South Miami. This gorgeous 3 bed, 2.5 bath, private 2 car garage & plenty of storage. Move in ready with open floor plan. Completely remodeled in 2015 including modern kitchen cabinets, quartz counter tops, s/s appliances and A/C. Impact windows, plantation shutters, marble floors, brand new washer/dryer, digital thermostat and keyless entry this home offers modern living on a quiet residential street with great schools and easy access to shopping, restaurants, and parks.

Last Agent to Sell the Property

Riolama Plessett

London Foster Realty License #0680836 Listed on: 10/02/2018

London Foster Realty

Last Buyer's Agent

Riolama Plessett

London Foster Realty License #0680836 Listed on: 10/02/2018

London Foster Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,189

Year Built

  • Built in 2006

Lot Details

  • North Facing Home
  • Fenced

HOA Fees

  • $675 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Secured Garage or Parking
  • On-Street Parking
  • Open Parking

Home Design

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

Interior Spaces

  • 1,888 Sq Ft Home
  • 2-Story Property
  • Plantation Shutters
  • Combination Dining and Living Room
  • Storage Room
  • Marble Flooring
  • Property Views

Kitchen

  • Electric Range
  • Ice Maker
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Closet Cabinetry

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 09-40-36-093-0060

Community Details

Overview

  • 8 Units
  • Palms Of Sunset Condos
  • Palms Of Sunset Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Interior Hall

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,189

Year Built

Built in 2006

Lot Details

0

HOA Fees

$675 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2006
  • Property Sub Type: Condominium
  • Architectural Style: Multi Level
  • Directions: US1 to Sunset Dr. to 58 AV to 74 TE, property on the left side of 74 TE.
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • 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, Ice Maker, Electric Range, Refrigerator, Washer
  • Interior Amenities: Interior Hall, First Floor Entry, Closet Cabinetry, Other, Storage
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Marble, Other
  • Furnished: Unfurnished
  • Living Area: 1888
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Window Features: Impact Glass, Plantation Shutters
  • Bedroom Features: Primary Bedroom Upstairs, Other
  • Dining Room Features: Dining/Living Room, Other, Snack Bar/Counter
  • Living Room Features: Storage Room

Exterior Features

  • View: Other View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Disclosures: Disclosure
  • Fencing: Fenced
  • Patio And Porch Features: Open Balcony, Open Porch
  • Pool Private: No
  • Property Condition: Completely Renovated
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Secured Garage/Parking, No Security

Condo/Co-op/Association

  • Association Fee: 675
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 09-40-36-093-0060
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7189

Multi Family

  • Maintenance Expense: 675
  • Number Of Units In Community: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2020
Sold by
Mackle John C
Bought by
Nlm Consulting Llc
Current Estimated Value
$908,185

Purchase Details

Listed on
Oct 2, 2018
Closed on
Feb 20, 2019
Sold by
Areas Alexis
Bought by
Mackle John
Seller's Agent
Riolama Plessett
London Foster Realty
Buyer's Agent
Riolama Plessett
London Foster Realty
List Price
$535,500
Sold Price
$490,000
Premium/Discount to List
-$45,500
-8.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.66%

Purchase Details

Listed on
Nov 15, 2017
Closed on
Feb 2, 2018
Sold by
Guerra Daniel J
Bought by
Areas Alexis
Seller's Agent
Tania Ortega
Global Vanguard International, LLC.
Buyer's Agent
Riolama Plessett
London Foster Realty
List Price
$570
Sold Price
$535,000
Premium/Discount to List
$534,430
93759.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.10%

Purchase Details

Listed on
Jan 10, 2013
Closed on
Dec 26, 2013
Sold by
Arriola Vivian Silliman
Bought by
Guerra Daniel J
Seller's Agent
Martha Rodriguez
Real Estate Sales Force
Buyer's Agent
Dinorah Guerra
Real Estate Sales Force
List Price
$325,000
Sold Price
$305,000
Premium/Discount to List
-$20,000
-6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.61%
Original Mortgage
$272,213
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 10, 2007
Sold by
Silliman Ada and Betancourt Jorge Adolfo
Bought by
Arriola Vivian Silliman

Purchase Details

Closed on
May 21, 2007
Sold by
A Development Llc
Bought by
Silliman Ada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,500
Interest Rate
1.87%
Mortgage Type
Unknown
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
Nlm Consulting Llc -- Attorney
Mackle John $490,000 Attorney
Areas Alexis $535,000 Attorney
Guerra Daniel J $305,000 Title Partners Of Fl Inc
Arriola Vivian Silliman -- None Available
Silliman Ada $550,000 Title Company Of America Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Guerra Daniel J $272,213
Previous Owner Silliman Ada $522,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2019 02/21/19 Sold $490,000 -8.5% $260 / Sq Ft
10/02/2018 10/02/18 For Sale $535,500 +0.1% $284 / Sq Ft
02/05/2018 02/05/18 Sold $535,000 -2.7% $283 / Sq Ft View Prior Sale
02/01/2018 02/01/18 Pending -- -- --
01/03/2018 01/03/18 Price Changed $549,900 -3.5% $291 / Sq Ft
11/15/2017 11/15/17 Price Changed $570,000 +99900.0% $302 / Sq Ft
11/15/2017 11/15/17 For Sale $570 -99.8% $0 / Sq Ft
12/26/2013 12/26/13 Sold $305,000 -6.2% $162 / Sq Ft View Prior Sale
01/16/2013 01/16/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $325,000 -- $172 / 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 $10,930 $596,473 -- --
2024 $10,384 $542,249 -- --
2023 $10,384 $492,954 $0 $0
2022 $8,994 $448,140 $0 $0
2021 $8,182 $407,400 $0 $0
2020 $8,203 $407,400 $0 $0
2019 $8,476 $420,000 $0 $0
2018 $7,183 $405,000 $0 $0
2017 $7,189 $402,765 $0 $0
2016 $8,162 $402,765 $0 $0
2015 $5,250 $295,263 $0 $0
2014 $5,322 $292,920 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10547405

MIAMI REALTORS® MLS

APN: 09-4036-093-0060