NOT LISTED FOR SALE

5884 SW 2nd Terrace Miami, FL 33144

Flagami Neighborhood

Estimated Value: $538,000 - $614,000

2 Beds
1 Bath
865 Sq Ft
$661/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $475,000 $549 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $4,008/month

76 Days on Market

Highlights

  • Room in yard for a pool
  • No HOA
  • Complete Impact Glass
  • Attic
  • Porch
  • Patio

About This Home

As of February 2022

Home Miami GEM! Totally renovated 2/1 + 1 story w /1 car garage ,Home with numerous upgrades ,Come view this wonderful property in this desirable South Miami neighborhood. This home is been updated from inside out , porcelain floor throughout, amazing modern kitchen with quartz countertop and stainless steel appliances. New bath and Impact windows and Doors, Roof , This property has plenty of space on both sides for boat and RV parking. Back yard is nicely space custom pool . Minutes to highways. Come and make this your home !!!!

Last Agent to Sell the Property

Idania Brizuela

Real Estate Direct of S. Fla License #3123811 Listed on: 12/13/2021

Last Buyer's Agent

Ammar Bahr

Luxe Properties License #3404425

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,307

Year Built

  • Built in 1950

Lot Details

  • 7,800 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 865 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Attic

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

  • Complete Impact Glass
  • High Impact Door

Outdoor Features

  • Room in yard for a pool
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Westlawn Corrected Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-40-01-017-1030

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,307

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: WESTLAWN-CORRECTED PLAT
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Attic
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 865
  • Possible Use: Primary
  • Window Features: Complete Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Living Room Features: Attic

Exterior Features

  • Roof: Flat Tile
  • View: None
  • Exterior Features: Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • Property Condition: Completely Renovated
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Park Building Name: WESTLAWN-CORRECTED PLAT
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-40-01-017-1030
  • Lot Size Sq Ft: 7800
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6307

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2021
Closed on
Feb 28, 2022
Sold by
Real Estate Direct Of South Florida Inc
Bought by
Costales Thevenin Esposo and Costales Ana Lourdes
Seller's Agent
Idania Brizuela
Real Estate Direct of S. Fla
Buyer's Agent
Ammar Bahr
Luxe Properties
List Price
$50,000
Sold Price
$475,000
Premium/Discount to List
$425,000
850%
Current Estimated Value
$588,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,342
Avg. Annual Appreciation
5.55%
Original Mortgage
$466,396
Outstanding Balance
$436,543
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$135,498

Purchase Details

Closed on
Dec 3, 2020
Sold by
Torres Magaly and Deutsche Bank National Trust C
Bought by
Real Estate Direct Of South Florida

Purchase Details

Closed on
Dec 2, 2020
Sold by
Torres Magaly
Bought by
Real Estate Direct Of South Florida

Purchase Details

Closed on
Feb 13, 2004
Sold by
Hud
Bought by
Torres Jorge and Torres Magely

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,880
Interest Rate
5.49%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 8, 2003
Sold by
Citimortgage Inc
Bought by
Hud

Purchase Details

Closed on
Mar 10, 2003
Sold by
Hud
Bought by
Citimortgage Inc

Purchase Details

Closed on
Mar 26, 2002
Sold by
Citimortgage Inc C
Bought by
Hud & Housing Of Urban Development

Purchase Details

Closed on
Jun 12, 2001
Sold by
Alberto Martinez Coc I and Clerk Of Court C
Bought by
Citimortgage

Purchase Details

Closed on
May 19, 2000
Sold by
Martinez Maria I
Bought by
Martinez Alberto

Purchase Details

Closed on
Nov 24, 1999
Sold by
Barnes Lafay and Carr Carolyn A
Bought by
Martinez Maria I

Purchase Details

Closed on
Nov 19, 1998
Sold by
Carr Jeanette
Bought by
Carr Carolyn A

Purchase Details

Closed on
Jun 9, 1993
Sold by
Carr Jeanette and Pritchard Fannie C
Bought by
Barnes Lafay and Carr Jeanette
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
Costales Thevenin Esposo $475,000 Ez Title
Real Estate Direct Of South Florida $263,600 None Available
Real Estate Direct Of South Florida $263,600 --
Torres Jorge $136,100 --
Hud -- --
Citimortgage Inc -- --
Hud & Housing Of Urban Development -- --
Citimortgage -- --
Martinez Alberto $130,000 --
Martinez Maria I $73,500 --
Carr Carolyn A $100 --
Barnes Lafay -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Costales Thevenin Esposo $51,854
Open Costales Thevenin Esposo $466,396
Previous Owner Torres Jorge $108,880
Closed Torres Jorge $27,220
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $475,000 +850.0% $549 / Sq Ft
12/13/2021 12/13/21 For Sale $50,000 -- $58 / 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 $9,443 $463,025 $351,000 $112,025
2024 $8,774 $449,194 -- --
2023 $8,774 $408,359 $296,314 $112,045
2022 $6,928 $306,869 $0 $0
2021 $6,307 $278,972 $202,808 $76,164
2020 $5,176 $255,615 $179,431 $76,184
2019 $4,848 $246,158 $169,954 $76,204
2018 $4,706 $256,175 $169,954 $86,221
2017 $4,323 $166,366 $0 $0
2016 $3,988 $151,242 $0 $0
2015 $3,675 $137,493 $0 $0
2014 $3,255 $124,994 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11135726

MIAMI REALTORS® MLS

APN: 01-4001-017-1030