NOT LISTED FOR SALE

5941 SW 48th St Miami, FL 33155

Estimated Value: $1,048,000 - $1,195,000

3 Beds
3 Baths
1,674 Sq Ft
$681/Sq Ft Est. Value

Last Sold September 20, 2021

Last sale price $830,000 $496 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $7,163/month

15 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Room in yard for a pool
  • No HOA
  • David Fairchild Elementary School Rated A-
  • Garden View
  • High Impact Windows

About This Home

As of September 2021

A sensational renovation. Buy a house where everything has been renovated and is fully permitted! The attention to detail, the materials, the smart design sets this house apart. New plumbing, electric, flooring, baths, kitchen, lighting, drywall, ceilings and both AC systems. Impact windows and doors. Bright, open and modern split floor plan, two ensuite bedrooms. Show stopping kitchen and master suite: Calcutta slap marble and white quartz island, pot filler, double wall ovens, 5 burner cooktop, wine cooler. The master suite features a 72 inch, freestanding soaker tub, 50 SF double head rain fall shower, custom drapery and automatic black out shades (a luxury you will love more everyday!) Electric car charging, 2 patios, new fence, boat parking, and so much more. Perfection!

Last Agent to Sell the Property

Lisa Dority

PropertySmart Real Estate License #3131386 Listed on: 07/15/2021

Last Buyer's Agent

Andres Paredes

EXP Realty LLC License #3126103

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,121

Year Built

  • Built in 1948

Lot Details

  • 7,500 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Substantially Remodeled
  • Shingle Roof

Interior Spaces

  • 1,674 Sq Ft Home
  • 1-Story Property
  • Drapes & Rods
  • Blinds
  • Combination Dining and Living Room
  • Tile Flooring
  • Garden Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Room in yard for a pool
  • Patio
  • Exterior Lighting

Schools

  • Fairchild; David Elementary School
  • South Miami Middle School
  • South Miami High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Riviera Estates 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-24-014-0160

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,121

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: RIVIERA ESTATES 1ST ADDN
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Split Bedroom, Walk-In Closet(s), Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1674
  • Possible Use: Primary
  • Window Features: Complete Impact Glass, Blinds, Drapes, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Ground Level, Sitting Area - Master Bedroom
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Exterior Features: Lighting, Room For Pool
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: Substantially Remodeled, Completely Renovated
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: RIVIERA ESTATES 1ST ADDN
  • Open Parking: Yes
  • Parking Features: Driveway, Other

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Curr Owner Wind Mit, Curr Owner Wind Mitig Cert Avail

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Fairchild; David
  • High School: South Miami
  • Middle Or Junior School: South Miami

Lot Info

  • Parcel Number: 30-40-24-014-0160
  • Lot Size Sq Ft: 7500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Sep 2, 2021
Sold by
Baez Vanessa Marie and Escudero Grace Carolina
Bought by
Grigorescu Bogdan and Grigorescu Anabelle
Seller's Agent
Lisa Dority
PropertySmart Real Estate
Buyer's Agent
Andres Paredes
EXP Realty LLC
List Price
$875,000
Sold Price
$830,000
Premium/Discount to List
-$45,000
-5.14%
Current Estimated Value
$1,139,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,927
Avg. Annual Appreciation
8.21%
Original Mortgage
$664,000
Outstanding Balance
$604,191
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$535,736

Purchase Details

Closed on
Mar 11, 2021
Sold by
Baez Vanessa Marie
Bought by
Baez Vanessa Marie and Escudero Grace Carolina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 30, 2016
Closed on
Feb 23, 2017
Sold by
Blue Moon Partners Llc
Bought by
Baez Vanessa Marie
Seller's Agent
Olga Baum
Real Estate Enterprises Int'l
Buyer's Agent
Raquel Echevarria
BHHS EWM Realty
List Price
$390,000
Sold Price
$370,000
Premium/Discount to List
-$20,000
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.98%
Original Mortgage
$288,000
Interest Rate
4.67%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 2, 2011
Sold by
Fairhurst Justin
Bought by
Blue Moon Partners Llc

Purchase Details

Closed on
Aug 16, 2007
Sold by
Wellinghoff John J and Wellinghoff Rosella P
Bought by
Fairhurst Justin
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Grigorescu Bogdan $830,000 Florida Title Llc
Baez Vanessa Marie $228,400 Patch Reef Title Company Inc
Baez Vanessa Marie $370,000 Columbia Title Of Florida In
Blue Moon Partners Llc -- Attorney
Fairhurst Justin $350,000 Title Assurance Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grigorescu Bogdan $664,000
Previous Owner Baez Vanessa Marie $524,000
Previous Owner Baez Vanessa Marie $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/20/2021 09/20/21 Sold $830,000 -5.1% $496 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/13/2021 07/13/21 For Sale $875,000 0.0% $523 / Sq Ft
09/01/2019 09/01/19 Rented $4,300 0.0% --
08/28/2019 08/28/19 Under Contract -- -- --
05/31/2019 05/31/19 For Rent $4,300 0.0% --
02/23/2017 02/23/17 Sold $370,000 -5.1% $263 / Sq Ft View Prior Sale
09/30/2016 09/30/16 For Sale $390,000 -- $277 / 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 $13,429 $822,736 $487,500 $335,236
2024 $12,705 $751,194 $412,500 $338,694
2023 $12,705 $710,171 $0 $0
2022 $11,512 $645,610 $300,000 $345,610
2021 $6,327 $371,946 $0 $0
2020 $6,121 $359,167 $258,750 $100,417
2019 $6,183 $321,894 $281,250 $40,644
2018 $5,569 $295,722 $255,000 $40,722
2017 $5,838 $294,211 $0 $0
2016 $5,435 $267,465 $0 $0
2015 $5,054 $243,150 $0 $0
2014 $4,724 $221,046 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11070317

MIAMI REALTORS® MLS

APN: 30-4024-014-0160