NOT LISTED FOR SALE

6559 SW 38th St Miami, FL 33155

Coral Terrace Neighborhood

Estimated Value: $561,046 - $649,000

2 Beds
1 Bath
872 Sq Ft
$697/Sq Ft Est. Value

Last Sold November 15, 2013

Last sale price $218,000 $250 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $3,533/month

46 Days on Market

Highlights

  • Wood Flooring
  • Views
  • 1-Story Property
  • No HOA
  • Entrance Foyer
  • Central Heating and Cooling System

About This Home

As of November 2013

Well-kept 2/1 single family home located in the heart of south Miami. This cozy home features maintained hardwood flooring, & an updated kitchen w/wood cabinets. Exterior features: fence. In proximity to AD Doug Barnes & Tropical park, Bird Ludlam shoppi ng center, & The Palmetto expy. Approved for Fannie Mae HomePath Renovation Mortgage. Purchase with as little as 3% down. Multiple Offer Deadline -- Sep 27, 2013, 02:41:00 PM.

Last Agent to Sell the Property

Raul Estrada

MMLS Assoc.-Inactive Member License #3033386 Listed on: 08/16/2013

Last Buyer's Agent

Sergio Perez

Florida Capital Realty License #3266628

Florida Capital Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,722

Year Built

  • Built in 1947

Lot Details

  • 6,510 Sq Ft Lot
  • Lot Dimensions are 62x105
  • South Facing Home
  • Fenced
  • Property is zoned 1 /S FM

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 872 Sq Ft Home
  • 1-Story Property
  • Entrance Foyer
  • Combination Dining and Living Room
  • Wood Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Shower Only

Schools

  • Coral Terrace Elementary School
  • West Miami Middle School
  • South Miami High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Central Miami Part 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-13-019-2570

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,722

Year Built

Built in 1947

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1947
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: TAKE BIRD RD(SW 40 ST) WEST, MAKE A LEFT ONTO SW 67 AVE(LUDLAM RD), THEN MAKE THE THIRD RIGHT ONTO SW 38 ST AND PROPERTY WILL BE ON THE LEFT.
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Lot Size: 62x105
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: CENTRAL MIAMI PART 2
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Microwave, Electric Range
  • Interior Amenities: First Floor Entry, Entrance Foyer, No Additional Rooms
  • Spa Yn: No
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Foyer
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 872
  • Possible Use: Primary
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: No Additional Rooms
  • Master Bathroom Features: Shower Only

Exterior Features

  • Roof: Shingle
  • View: Other
  • Construction Type: CBS Construction, Frame With Stucco
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: CENTRAL MIAMI PART 2
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Covered, Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Coral Terrace
  • High School: South Miami
  • Middle Or Junior School: West Miami

Lot Info

  • Parcel Number: 30-40-13-019-2570
  • Lot Size Sq Ft: 6510
  • Zoning: 1 /S FM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2722

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2013
Closed on
Nov 15, 2013
Sold by
Federal National Mortgage Association
Bought by
Salcedo Vivian A
Seller's Agent
Raul Estrada
MMLS Assoc.-Inactive Member
Buyer's Agent
Sergio Perez
Florida Capital Realty
List Price
$229,900
Sold Price
$218,000
Premium/Discount to List
-$11,900
-5.18%
Current Estimated Value
$608,012

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,012
Avg. Annual Appreciation
8.95%
Original Mortgage
$207,100
Outstanding Balance
$154,628
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$453,384

Purchase Details

Closed on
Jul 1, 2013
Sold by
Parada Carolyn
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Nov 30, 2012
Sold by
Parada Carolyn
Bought by
Federal National Mortgage Assn

Purchase Details

Closed on
Nov 29, 2001
Sold by
Austin Frank A
Bought by
Parada Carolyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,500
Interest Rate
6.59%
Mortgage Type
FHA
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
Salcedo Vivian A $218,000 Bayview Title Services Inc
Federal National Mortgage Association $126,600 None Available
Federal National Mortgage Assn $128,600 --
Parada Carolyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salcedo Vivian A $207,100
Previous Owner Parada Carolyn $160,000
Previous Owner Parada Carolyn $101,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2013 11/15/13 Sold $218,000 +1.4% $250 / Sq Ft
10/02/2013 10/02/13 Pending -- -- --
09/16/2013 09/16/13 Price Changed $214,900 -6.5% $246 / Sq Ft
08/26/2013 08/26/13 For Sale $229,900 0.0% $264 / Sq Ft
08/22/2013 08/22/13 Pending -- -- --
08/16/2013 08/16/13 For Sale $229,900 -- $264 / 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 $4,204 $252,821 -- --
2024 $3,974 $245,696 -- --
2023 $3,974 $238,540 $0 $0
2022 $3,813 $231,593 $0 $0
2021 $3,765 $224,848 $0 $0
2020 $3,722 $221,744 $0 $0
2019 $3,642 $216,759 $0 $0
2018 $3,444 $211,310 $0 $0
2017 $3,417 $206,964 $0 $0
2016 $3,384 $202,708 $0 $0
2015 $3,416 $201,299 $0 $0
2014 -- $181,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Raul Estrada

    MMLS Assoc.-Inactive Member

  • Sergio Perez

    Buyer's Agent in 2013

    Sergio Perez

    Florida Capital Realty

    (786) 325-0922

    16 Total Sales

    Sergio Perez
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1829641

MIAMI REALTORS® MLS

APN: 30-4013-019-2570

Florida Miami/Dade County Miami 33155 Coral Terrace

6559 SW 38th St, Miami, FL

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