NOT LISTED FOR SALE

6116 SW 62nd Terrace Unit 3 South Miami, FL 33143

Estimated Value: $196,000 - $260,000

2 Beds
1 Bath
633 Sq Ft
$185/mo HOA Fee

Last Sold December 19, 2014

Last sale price $85,000 $134 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $1,604/month

48 Days on Market

Highlights

  • Main Floor Bedroom
  • Tile Flooring
  • Central Heating and Cooling System
  • South Miami K-8 Center Rated A-

About This Home

As of December 2014

Lender's latest counter offer is $89,000. Lender is looking for a buyer. As Is sale. Owner to pay title insurance policy and select title agent for closing. Tenant on the property, please do not disturb tenant. All commissions are subject to change per le nder's short sale approval. Approved commission to be split 50/50 between realtors.

Last Agent to Sell the Property

Patricia Espinosa

GAP Realty Services LLC License #3183365 Listed on: 06/18/2014

Last Buyer's Agent

Elsa Castellon

Sun Realty Investments Inc License #0690763

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $731

Year Built

  • Built in 1953

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Garden Apartment
  • Concrete Block And Stucco Construction

Interior Spaces

  • 633 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 09-40-25-081-0030

Community Details

Overview

  • South Miami Villas Condo

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$731

Year Built

Built in 1953

Lot Details

0

HOA Fees

$185 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1953
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 12

Interior Features

  • Appliances: Microwave, Refrigerator
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 633
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: None
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SOUTH MIAMI VILLAS CONDO
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 185
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 09-40-25-081-0030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 731

Multi Family

  • Maintenance Expense: 185

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2014
Closed on
Jan 26, 2015
Sold by
Apaza Ana
Bought by
South Miami I Llc
Seller's Agent
Patricia Espinosa
GAP Realty Services LLC
Buyer's Agent
Elsa Castellon
Sun Realty Investments Inc
List Price
$89,000
Sold Price
$85,000
Premium/Discount to List
-$4,000
-4.49%
Current Estimated Value
$223,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,828
Avg. Annual Appreciation
9.32%

Purchase Details

Listed on
Jun 18, 2014
Closed on
Dec 10, 2014
Sold by
Veiga Sandro
Bought by
Apaza Ana
Seller's Agent
Patricia Espinosa
GAP Realty Services LLC
Buyer's Agent
Elsa Castellon
Sun Realty Investments Inc
List Price
$89,000
Sold Price
$85,000
Premium/Discount to List
-$4,000
-4.49%

Purchase Details

Closed on
Jun 8, 2006
Sold by
Calwell Inc
Bought by
Veiga Sandro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,600
Interest Rate
7.12%
Mortgage Type
New Conventional
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
South Miami I Llc -- Attorney
Apaza Ana $85,000 Attorney
Veiga Sandro $247,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Veiga Sandro $197,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2014 12/19/14 Sold $85,000 -4.5% $134 / Sq Ft
08/06/2014 08/06/14 Pending -- -- --
06/18/2014 06/18/14 For Sale $89,000 -- $141 / 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 $2,908 $157,594 -- --
2024 $2,763 $143,268 -- --
2023 $2,763 $130,244 $0 $0
2022 $2,320 $118,404 $0 $0
2021 $2,204 $107,640 $0 $0
2020 $2,127 $107,640 $0 $0
2019 $1,901 $92,000 $0 $0
2018 $1,861 $92,000 $0 $0
2017 $1,681 $84,526 $0 $0
2016 $1,713 $84,526 $0 $0
2015 $1,341 $65,020 $0 $0
2014 $733 $34,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2014

    Patricia Espinosa

    GAP Realty Services LLC

    (305) 776-5603

    2 Total Sales

    Patricia Espinosa
    Section Image

  • E

    Buyer's Agent in 2014

    Elsa Castellon

    Sun Realty Investments Inc

    (305) 790-2504

    3 in this area

    6 Total Sales

    Elsa Castellon
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1965610

MIAMI REALTORS® MLS

APN: 09-4025-081-0030

Florida Miami/Dade County South Miami 33143

6116 SW 62nd Terrace Unit 3, South Miami, FL

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