NOT LISTED FOR SALE

5949 SW 2nd Terrace Miami, FL 33144

Flagami Neighborhood

Estimated Value: $574,936 - $608,000

3 Beds
2 Baths
1,465 Sq Ft
$400/Sq Ft Est. Value

Last Sold May 01, 2020

Last sale price $365,000 $249 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $3,594/month

11 Days on Market

Highlights

  • No HOA
  • Patio
  • Terrazzo Flooring
  • Breakfast Area or Nook
  • Laundry in Utility Room
  • 3-minute walk to West End Park

About This Home

As of May 2020

West Miami area splendid 3bed/2bath home is in immaculate condition and ready to add your special touches. This fine home is located in Central Miami area near Coral Gables, downtown, xpressways, & many shopping amenities. Home offers a large kitchen open to dining and living areas, large spacious bedrooms, laundry room & backyard w. room for pool and more. This home was remodeled several years ago and shows nicely. Many windows in the living areas bring in plenty of natural light. Home has security bars, A/C installed 2014 & exterior painted in 2019. Walking distance to elementary school & park areas. ***No appraisal contingency***Come home and live well!

Last Agent to Sell the Property

Carlos Salomon

Xcellence Realty License #3036445 Listed on: 02/22/2020

Xcellence Realty

Last Buyer's Agent

Ines Hernandez

Great Miami Realty Group, LLC License #3349330

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,645

Year Built

  • Built in 1969

Lot Details

  • 4,800 Sq Ft Lot
  • South Facing Home
  • Property is zoned 0100

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,465 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Awning
  • Combination Dining and Living Room
  • Terrazzo Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Westlawn Corrected Plat Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-40-01-017-1280

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,645

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: From SW 8 St, take 60 Ave to SW 2 Ter and make right to home on left.
  • Garage Yn: No
  • 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_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Terrazzo
  • Furnished: Unfurnished
  • Living Area: 1465
  • Possible Use: Primary
  • Window Features: Awning
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Shower Only

Exterior Features

  • Roof: Shingle
  • View: None
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: WESTLAWN-CORRECTED PLAT
  • Open Parking: Yes
  • Parking Features: Driveway, Slab/Strip

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-40-01-017-1280
  • Lot Size Sq Ft: 4800
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4645

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2020
Closed on
May 1, 2020
Sold by
Arrojo Jose and Arrojo Gladys
Bought by
Parra Alain Serradet and Alvarez Elizabeth Martinez
Seller's Agent
Carlos Salomon
Xcellence Realty
Buyer's Agent
Ines Hernandez
Great Miami Realty Group, LLC
List Price
$359,000
Sold Price
$365,000
Premium/Discount to List
$6,000
1.67%
Current Estimated Value
$586,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,484
Avg. Annual Appreciation
9.66%
Original Mortgage
$365,000
Outstanding Balance
$324,853
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$271,807

Purchase Details

Closed on
Jun 14, 2004
Sold by
Varela Claudina and Arrojo Jose
Bought by
Arrojo Jose and Arrojo Gladys

Purchase Details

Closed on
Apr 11, 2000
Sold by
Varela Claudina
Bought by
Varela Claudina and Arrojo Gladys
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
Parra Alain Serradet $365,000 Attorney
Arrojo Jose $160,000 West Flagler Title Company
Varela Claudina $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parra Alain Serradet $365,000
Previous Owner Parra Alain Serradet $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2020 05/01/20 Sold $365,000 +1.7% $249 / Sq Ft
02/20/2020 02/20/20 For Sale $359,000 -- $245 / 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 $4,791 $269,544 -- --
2024 $4,748 $261,948 -- --
2023 $4,748 $254,319 $0 $0
2022 $4,604 $246,912 $0 $0
2021 $4,586 $239,721 $124,805 $114,916
2020 $4,945 $216,706 $110,419 $106,287
2019 $4,644 $211,751 $104,587 $107,164
2018 $4,299 $208,293 $104,587 $103,706
2017 $3,923 $160,987 $0 $0
2016 $3,677 $146,352 $0 $0
2015 $3,434 $133,048 $0 $0
2014 $3,123 $120,953 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carlos Salomon

    Seller's Agent in 2020

    Carlos Salomon

    Xcellence Realty

    (786) 433-2989

    2 in this area

    37 Total Sales

    Carlos Salomon
    Section Image
  • Ines Hernandez

    Buyer's Agent in 2020

    Ines Hernandez

    Great Miami Realty Group, LLC

    (786) 617-5950

    21 Total Sales

    Ines Hernandez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10821309

MIAMI REALTORS® MLS

APN: 01-4001-017-1280

Florida Miami/Dade County Miami 33144 Flagami

5949 SW 2nd Terrace, Miami, FL

This home is located at 5949 SW 2nd Terrace, Miami, FL 33144 since 22 February 2020 and is currently estimated at $586,484, approximately $400 per square foot. This property was built in 1969. 5949 SW 2nd Terrace is a home located in Miami-Dade County with nearby schools including Fairlawn Elementary School, Kinloch Park Middle School, and South Miami Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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