NOT LISTED FOR SALE

5951 SW 83rd St Miami, FL 33143

Estimated Value: $3,367,000 - $4,373,000

0.27 Acre
$14,290,321 Price per Acre
11,543 Sq Ft Lot

Last Sold May 23, 2016

Last sale price $650,000 $380 Per Sq Ft

Est. 483% increase in value since last sale

Current estimated payment $22,499/month

57 Days on Market

Highlights

  • Oak Trees
  • South Miami Middle School Rated A-
  • No HOA

About This Lot

As of May 2016

Property sold for land value. Build your dream home!

Last Agent to Sell the Property

Rafael Alfonso

National Properties Realty License #0697393 Listed on: 02/11/2016

Last Buyer's Agent

Rafael Alfonso

National Properties Realty License #0697393 Listed on: 02/11/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,430

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 80x144
  • South Facing Home
  • Oak Trees

Utilities

  • Septic Tank
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sea View Park Amended Condos
  • Sea View Park Amended Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-40-36-033-0510

Property Details

Property Type

Land

Est. Annual Taxes

$9,430

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Horses: No
  • Lot Size Acres: 0.265
  • Lot Size: 80x144
  • New Construction: No
  • Road Frontage Type: Legal Access Road, City/County Maintained
  • Road Surface Type: Paved
  • Structure Type: Residential
  • Subdivision Name: SEA VIEW PARK AMENDED
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • Direction Faces: South
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Build To Suit, Septic
  • Other Structures: Run Down
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SEA VIEW PARK AMENDED

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Utilities: Cable Available, Electricity Available, Phone Available, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 09-40-36-033-0510
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 11520
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 9430

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2018
Sold by
Somi 5951 Llc
Bought by
Shepherd Michael C and Fallon Janet R
Current Estimated Value
$3,786,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Outstanding Balance
$859,183
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$2,927,752

Purchase Details

Listed on
Feb 11, 2016
Closed on
May 23, 2016
Sold by
Medallion International Inc
Bought by
Somi 5951 Llc
Seller's Agent
Rafael Alfonso
National Properties Realty
Buyer's Agent
Rafael Alfonso
National Properties Realty
List Price
$695,000
Sold Price
$650,000
Premium/Discount to List
-$45,000
-6.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.53%

Purchase Details

Listed on
Jan 30, 2015
Closed on
Mar 13, 2015
Sold by
Berg Martin D
Bought by
Medallion International Inc
Seller's Agent
Robert Nacron
London Foster Realty
Buyer's Agent
Robert Nacron
London Foster Realty
List Price
$539,000
Sold Price
$585,000
Premium/Discount to List
$46,000
8.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
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
Shepherd Michael C $2,000,000 Attorney
Somi 5951 Llc $650,000 Attorney
Medallion International Inc $585,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shepherd Michael C $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/23/2016 05/23/16 Sold $650,000 -6.5% $380 / Sq Ft
04/08/2016 04/08/16 Pending -- -- --
02/11/2016 02/11/16 For Sale $695,000 +18.8% $406 / Sq Ft
03/16/2015 03/16/15 Sold $585,000 +8.5% $342 / Sq Ft View Prior Sale
02/02/2015 02/02/15 Pending -- -- --
01/30/2015 01/30/15 For Sale $539,000 -- $315 / 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 $30,964 $1,717,415 -- --
2024 $30,208 $1,669,014 -- --
2023 $30,208 $1,620,402 $0 $0
2022 $29,364 $1,573,206 $0 $0
2021 $29,689 $1,527,385 $0 $0
2020 $29,346 $1,506,297 $430,400 $1,075,897
2019 $31,147 $1,592,470 $505,720 $1,086,750
2018 $9,508 $484,200 $484,200 $0
2017 $9,627 $484,200 $0 $0
2016 $10,544 $520,343 $0 $0
2015 $9,431 $419,062 $0 $0
2014 $8,034 $380,966 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2016

    Rafael Alfonso

    National Properties Realty

    (305) 556-1111

    2 Total Sales

    Rafael Alfonso
    Section Image

  • R

    Seller's Agent in 2015

    Robert Nacron

    London Foster Realty

    (305) 753-7653

    5 Total Sales

    Robert Nacron
    Section Image

  • J

    Seller Co-Listing Agent in 2015

    Julie Geraci

    London Foster Realty

    (305) 987-0688

    5 Total Sales

    Julie Geraci
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10032566

MIAMI REALTORS® MLS

APN: 09-4036-033-0510

Florida Miami/Dade County Miami 33143

5951 SW 83rd St, Miami, FL

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