NOT LISTED FOR SALE

5960 SW 48th St Miami, FL 33155

Estimated Value: $906,000 - $1,017,000

3 Beds
1 Bath
1,293 Sq Ft
$730/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $980,000 $758 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $5,818/month

96 Days on Market

Highlights

  • Wood Flooring
  • Garden View
  • No HOA
  • David Fairchild Elementary School Rated A-
  • Attic
  • Breakfast Area or Nook

About This Home

As of July 2024

Charming well-kept 3/1 home with 1 car garage in the highly desirable neighborhood of Biltmore Heights, nestled on beautifully landscaped 7500 sq.ft. lot that will accommodate an addition if needed. Impact Windows and Doors.
Great Location between Coral Gables and South Miami, minutes away from UM, Riviera Golf Course, Merrick Park, and the Biltmore Hotel. Schools: David Fairchild Elementary, South Miami Middle and South Miami High.

Last Agent to Sell the Property

Luis Gonzalez

Real Estate TeamMates License #0644564 Listed on: 02/21/2024

Last Buyer's Agent

Brian Shapiro

Miami Portfolio Collection License #3232344

Miami Portfolio Collection

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,894

Year Built

  • Built in 1950

Lot Details

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

Parking

  • 1 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 1,293 Sq Ft Home
  • 1-Story Property
  • French Doors
  • Family Room
  • Combination Dining and Living Room
  • Garden Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Complete Accordion Shutters
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Schools

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

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Biltmore Heights Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-24-007-0220

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,894

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
  • Directions: Turn right onto US-1 S, Slight right onto SW 40th ST/Bird Rd, Turn Let onto SW 62nd Ave at the traffic circle, take the 1st exit onto SW 48th ST Destination will be on the left.
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: BILTMORE HEIGHTS REV
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Washer
  • Interior Amenities: First Floor Entry, French Doors, Attic, Family Room
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors, French Doors
  • Flooring: Ceramic Floor, Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 1293
  • Possible Use: Primary
  • Window Features: Clear Impact Glass, Complete Accordian Shutters, High Impact Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Attic, Family Room

Exterior Features

  • Roof: Barrel Roof
  • View: Garden
  • Exterior Features: Fruit Trees
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BILTMORE HEIGHTS REV
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector

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: 30-40-24-007-0220
  • Lot Size Sq Ft: 7500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8894

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
Jul 11, 2024
Sold by
Ruiz Aldo J and Gonzalez Luis
Bought by
Utopia Property Investments Llc
Seller's Agent
Luis Gonzalez
Real Estate TeamMates
Buyer's Agent
Brian Shapiro
Miami Portfolio Collection
List Price
$1,125,000
Sold Price
$980,000
Premium/Discount to List
-$145,000
-12.89%
Views
80
Current Estimated Value
$944,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$35,494
Avg. Annual Appreciation
-3.00%
Original Mortgage
$539,000
Outstanding Balance
$536,038
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$408,468

Purchase Details

Closed on
Feb 15, 2024
Sold by
Taylor Kim David and Taylor Gillian
Bought by
Ruiz Aldo J and Gonzalez Luis
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
Utopia Property Investments Llc $980,000 None Listed On Document
Utopia Property Investments Llc $980,000 None Listed On Document
Ruiz Aldo J $900,000 Colonial Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Utopia Property Investments Llc $539,000
Closed Utopia Property Investments Llc $539,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2024 07/12/24 Sold $980,000 -1.8% $758 / Sq Ft
05/28/2024 05/28/24 Pending -- -- --
03/18/2024 03/18/24 Price Changed $997,500 -11.3% $771 / Sq Ft
02/21/2024 02/21/24 For Sale $1,125,000 0.0% $870 / Sq Ft
04/12/2017 04/12/17 Rented $2,500 -3.8% --
01/04/2017 01/04/17 For Rent $2,600 -- --
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 $9,721 $674,930 $487,500 $187,430
2024 $8,894 $514,540 -- --
2023 $8,894 $467,764 $0 $0
2022 $7,906 $425,240 $0 $0
2021 $7,290 $386,582 $285,000 $101,582
2020 $6,846 $360,332 $258,750 $101,582
2019 $6,979 $382,832 $281,250 $101,582
2018 $6,273 $356,582 $255,000 $101,582
2017 $5,842 $294,212 $0 $0
2016 $5,438 $267,466 $0 $0
2015 $5,057 $243,151 $0 $0
2014 -- $221,047 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11537397

MIAMI REALTORS® MLS

APN: 30-4024-007-0220