NOT LISTED FOR SALE

5962 5962 Paradise Point Dr # 5962 Unit 5962 Palmetto Bay, FL 33157

Estimated Value: $1,739,000 - $2,014,000

4 Beds
4 Baths
3,865 Sq Ft
$491/Sq Ft Est. Value

About This Home

This home is located at 5962 5962 Paradise Point Dr # 5962 Unit 5962, Palmetto Bay, FL 33157 and is currently estimated at $1,899,587, approximately $491 per square foot. 5962 5962 Paradise Point Dr # 5962 Unit 5962 is a home located in Miami-Dade County with nearby schools including Coral Reef Elementary School, Southwood Middle School, and Arthur And Polly Mays Conservatory Of The Arts.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2023
Sold by
Schmitt Alexander K and Schmitt Marianela
Bought by
Repenning Oliver and Repenning Debra
Current Estimated Value
$1,899,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,137,500
Outstanding Balance
$1,111,435
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$788,152

Purchase Details

Closed on
May 15, 2018
Sold by
Berman Barbara
Bought by
Schmitt Alexander K and Schmitt Marianela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
4.4%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Repenning Oliver $1,625,000 None Listed On Document
Schmitt Alexander K $850,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Repenning Oliver $1,137,500
Previous Owner Schmitt Alexander K $680,000
Source: Public Records

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 $27,045 $1,594,950 -- --
2024 $13,629 $1,550,000 -- --
2023 $13,629 $778,090 $0 $0
2022 $13,263 $755,428 $0 $0
2021 $13,269 $733,426 $0 $0
2020 $14,820 $820,000 $0 $0
2019 $14,293 $750,000 $0 $0
2018 $10,224 $577,252 $0 $0
2017 $10,195 $565,380 $0 $0
2016 $10,004 $553,752 $0 $0
2015 $10,182 $549,903 $0 $0
2014 $10,306 $545,539 $0 $0
Source: Public Records

Map

Florida Miami/Dade County Palmetto Bay 33157

5962 5962 Paradise Point Dr # 5962 Unit 5962, Palmetto Bay, FL

Not Listed for Sale

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