NOT LISTED FOR SALE

5910 SW 62nd Terrace South Miami, FL 33143

Estimated Value: $667,152 - $1,014,000

4 Beds
3 Baths
1,722 Sq Ft
$474/Sq Ft Est. Value

Highlights

  • No HOA
  • Breakfast Area or Nook
  • Complete Impact Glass
  • South Miami K-8 Center Rated A-
  • Porch
  • Tile Flooring

About This Home

As of August 2024

Amazing opportunity to live steps from the University of Miami in this 4 bedroom, 3 bathroom that has been
completely remodeled. Perfect for students or large families. Property has an attached studio with its own bathroom, bedroom, and kitchen that is currently rented out until June 2025. Kitchen features stainless steel appliances and custom cabinets. Tile floors throughout with designer bathrooms. Loads of storage and property has a separate attached laundry/utility room. Property sits on an oversized lot with ample parking and private fenced yard. Minutes to University of Miami, downtown South Miami, shops, restaurants, and public transportation.

Last Agent to Rent the Property

Lucy Mangrum

LM Realty Group License #3275234 Listed on: 06/11/2024

Last Renter's Agent

Eric Essenwanger

DecoNova International Group License #3169085

DecoNova International Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,468

Year Built

  • Built in 1947

Lot Details

  • 6,300 Sq Ft Lot
  • Fenced
  • Property is zoned 0800

Parking

  • 2 Car Parking Spaces

Home Design

  • Substantially Remodeled
  • Flat Tile Roof

Interior Spaces

  • 1,722 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Family or Dining Combination
  • Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

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

Outdoor Features

  • Porch

Schools

  • South Miami Elementary And Middle School
  • South Miami High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Stormproof Sub Subdivision
  • Maintained Community
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Listing and Financial Details

  • Property Available on 7/8/24
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 09-40-25-034-0070

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,468

Year Built

Built in 1947

Lot Details

0

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2024-07-08
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1947
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: STORMPROOF SUB
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1722
  • Stories: 1
  • Window Features: Complete Impact Glass, Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Family/Dining Combination

Exterior Features

  • Roof: Flat Tile
  • Fencing: Fenced
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Patio And Porch Features: Porch/Balcony, Open Porch
  • Pool Private: No
  • Property Condition: Substantially Remodeled, Completely Renovated
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: STORMPROOF SUB
  • Parking Features: 2 Spaces, No Rv/Boats, No Trucks/Trailers

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Lawn/Pool Maintenance

Schools

  • Elementary School: South Miami
  • High School: South Miami
  • Middle Or Junior School: South Miami

Lot Info

  • Parcel Number: 09-40-25-034-0070
  • Land Lease: No
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 6300
  • Zoning: 0800
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2019
Sold by
Tatem Calvin and Tatem Derrick
Bought by
Mangrum Mark and Mangrum Lucy
Current Estimated Value
$815,788

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,130
Outstanding Balance
$223,846
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$591,942
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
Mangrum Mark $270,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mangrum Mark $255,130
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2024 08/01/24 Rented $4,000 0.0% --
07/29/2024 07/29/24 Under Contract -- -- --
06/20/2024 06/20/24 Price Changed $4,000 -20.0% $2 / Sq Ft
06/11/2024 06/11/24 Price Changed $5,000 +25.0% $3 / Sq Ft
06/11/2024 06/11/24 For Rent $4,000 -11.1% --
05/01/2021 05/01/21 Rented $4,500 +28.6% --
04/19/2021 04/19/21 Under Contract -- -- --
03/31/2021 03/31/21 For Rent $3,500 +40.0% --
01/02/2020 01/02/20 Rented $2,500 0.0% --
12/27/2019 12/27/19 Under Contract -- -- --
10/03/2019 10/03/19 Price Changed $2,500 -3.8% $1 / Sq Ft
09/25/2019 09/25/19 Price Changed $2,600 -10.3% $2 / Sq Ft
09/04/2019 09/04/19 For Rent $2,900 -- --
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 $8,468 $460,540 -- --
2024 $7,754 $418,673 -- --
2023 $7,754 $380,612 $0 $0
2022 $6,999 $346,011 $0 $0
2021 $6,372 $314,556 $189,000 $125,556
2020 $6,386 $314,846 $189,000 $125,846
2019 $5,801 $289,570 $163,800 $125,770
2018 $5,175 $264,660 $138,600 $126,060
2017 $4,846 $233,278 $0 $0
2016 $4,439 $212,071 $0 $0
2015 $4,004 $192,792 $0 $0
2014 $3,726 $175,266 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lucy Mangrum

    Landlord's Agent in 2024

    Lucy Mangrum

    LM Realty Group

    (305) 746-4838

    38 Total Sales

    Lucy Mangrum
    Section Image
  • Eric Essenwanger

    Tenant's Agent in 2024

    Eric Essenwanger

    DecoNova International Group

    (786) 252-3744

    19 Total Sales

    Eric Essenwanger
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11604737

MIAMI REALTORS® MLS

APN: 09-4025-034-0070

Florida Miami/Dade County South Miami 33143

5910 SW 62nd Terrace, South Miami, FL

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