NOT LISTED FOR SALE

6603 SW 61st Terrace South Miami, FL 33143

Estimated Value: $1,153,389 - $1,452,000

3 Beds
2 Baths
1,830 Sq Ft
$675/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $588,000 $321 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $7,238/month

73 Days on Market

Highlights

  • Boating
  • In Ground Pool
  • Wood Flooring
  • South Miami K-8 Center Rated A-
  • Sitting Area In Primary Bedroom
  • 2-minute walk to Palmer Park

About This Home

As of October 2016

Enjoy true South Florida living in your tropical backyard complete with pool, tiki hut, palm trees & barbecue. Split-plan home has Master Suite & bedroom on one side & third bed/office on the other. Hardwood floors, new stainless steel appliances, Florida room, crown molding & recessed lighting. Outdoor features include Hurricane shutters, circular driveway, parking for boat & sprinklers. Home sits on 11,000 SF landscaped lot steps from Palmer Park, So. Miami schools & minutes from Dadeland, Sunset & UM.

Last Agent to Sell the Property

Corey Schwartz

Gravity Real Estate, LLC License #3095131 Listed on: 06/01/2016

Last Buyer's Agent

Corey Schwartz

Gravity Real Estate, LLC License #3095131 Listed on: 06/01/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,723

Year Built

  • Built in 1954

Lot Details

  • 0.25 Acre Lot
  • South Facing Home
  • Property is zoned RS-3

Property Views

  • Garden
  • Pool

Home Design

  • Shingle Roof
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,830 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Family Room
  • Combination Kitchen and Dining Room
  • Den
  • Sun or Florida Room
  • Storage Room

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • Circular Driveway
  • Paver Block
  • Open Parking

Pool

  • In Ground Pool
  • Pool Equipment Stays
  • Auto Pool Cleaner

Outdoor Features

  • Exterior Lighting
  • Outdoor Grill

Schools

  • South Miami Elementary And Middle School
  • South Miami High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 09-40-25-001-0100

Community Details

Overview

  • No Home Owners Association
  • Nuevo Mundo Subdivision

Recreation

  • Boating

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,723

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Directions: Ludlam Road (SW 67 Ave), east on SW 61 Terrace to 3rd house on left.
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: Nuevo Mundo
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Pantry, Split Bedroom, Den/Library/Office, Family Room, Florida Room, Storage, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 1830
  • Possible Use: Primary
  • Window Features: Hurricane Shutters, Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Ground Level, Sitting Area - Primary Bedroom
  • Dining Room Features: Kitchen Dining, Snack Bar/Counter
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • Roof: Flat Tile, Shingle
  • View: Garden, Pool
  • Exterior Features: Barbeque, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Disclosures: Disclosure
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Features: Auto Pool Clean, In Ground, Equipment Stays
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Nuevo Mundo
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Paver Block

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Boating

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: South Miami
  • High School: South Miami
  • Middle Or Junior School: South Miami

Lot Info

  • Parcel Number: 09-40-25-001-0100
  • Lot Size Sq Ft: 11000
  • Zoning: RS-3
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3723

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2016
Closed on
Oct 26, 2016
Sold by
Lamb Jeremy D and Wong Danielle E
Bought by
Araujo Thomas Antonio De and Molina Michelle Maria
Seller's Agent
Corey Schwartz
Gravity Real Estate, LLC
Buyer's Agent
Corey Schwartz
Gravity Real Estate, LLC
List Price
$639,000
Sold Price
$588,000
Premium/Discount to List
-$51,000
-7.98%
Current Estimated Value
$1,234,847

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$646,847
Avg. Annual Appreciation
8.59%
Original Mortgage
$529,200
Outstanding Balance
$425,924
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$808,923

Purchase Details

Closed on
Mar 11, 2008
Sold by
Lievano Guillermo and Lievano Zuleika
Bought by
Wong Danielle E and Lamb Jeremy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$458,900
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
May 31, 2007
Sold by
Rosenbaum Cal B
Bought by
6101 Sunset Llc

Purchase Details

Closed on
May 27, 2004
Sold by
Hein Ruth M
Bought by
Lievano Guillermo and Lievano Zuleika E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
5.25%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

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.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Araujo Thomas Antonio De $588,000 Attorney
Wong Danielle E $510,000 Attorney
6101 Sunset Llc -- None Available
Lievano Guillermo $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Araujo Thomas Antonio De $529,200
Previous Owner Wong Danielle E $458,900
Previous Owner Lievano Guillermo $335,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2016 10/28/16 Sold $588,000 -3.4% $321 / Sq Ft
08/13/2016 08/13/16 Pending -- -- --
08/01/2016 08/01/16 Price Changed $609,000 -2.4% $333 / Sq Ft
07/14/2016 07/14/16 Price Changed $624,000 -2.3% $341 / Sq Ft
05/31/2016 05/31/16 For Sale $639,000 -- $349 / 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 $8,916 $522,718 -- --
2024 $8,684 $507,987 -- --
2023 $8,684 $493,192 $0 $0
2022 $8,424 $478,828 $0 $0
2021 $8,517 $464,882 $0 $0
2020 $8,413 $458,464 $273,000 $185,464
2019 $8,478 $460,670 $273,000 $187,670
2018 $8,144 $453,406 $0 $0
2017 $8,010 $444,081 $0 $0
2016 $3,684 $222,776 $0 $0
2015 $3,723 $221,228 $0 $0
2014 $3,773 $219,473 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10092342

MIAMI REALTORS® MLS

APN: 09-4025-001-0100