NOT LISTED FOR SALE

6640 SW 70th Terrace Miami, FL 33143

Estimated Value: $666,000 - $791,000

3 Beds
3 Baths
2,200 Sq Ft
$637/mo HOA Fee

Last Sold November 20, 2019

Last sale price $475 $0 Per Sq Ft

Est. 156,981% increase in value since last sale

Current estimated payment $5,158/month

19 Days on Market

Highlights

  • Vaulted Ceiling
  • Garden View
  • Community Pool
  • South Miami Middle School Rated A-
  • Loft
  • Tennis Courts

About This Home

As of November 2019

Live in the heart of South Miami in the Banyans. Enter this townhouse and feel like you're in a single family home! Banyans is not your typical townhome community. As you enter this spacious home, you will notice the cathedral ceilings and lots of natural light pouring in. It features 3 bedroom, 3 bath, 2 car garage and an amazing oversized back yard that's great for entertaining. There is also a screened in side patio accessed from the kitchen, ideal for outdoor dining.The large living room has a fireplace and dining area all overlooking the beautiful lush backyard. On the main floor you will find the master bedroom with ensuite bathroom. a second bedroom and full bathroom, which was recently remodeled, and a third bedroom

Last Agent to Sell the Property

Aixa Diaz-Schulte

Douglas Elliman License #3088441 Listed on: 10/01/2019

Douglas Elliman

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1977

HOA Fees

  • $637 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking

Interior Spaces

  • 2,200 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Fireplace
  • French Doors
  • Combination Dining and Living Room
  • Loft
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 09-40-25-067-0430

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, pool(s), roof, sewer, trash, water
  • 43 Units
  • Banyans Of South Miami Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 1977

Lot Details

0

HOA Fees

$637 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: On the corner of Sunset (72 st) and Ludlam (67 ave) take Ludlam to 70 Terrace . Guest parking just inside the driveway.
  • Year Built: 1977
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, French Door(s)/Atrium Door(s), Fireplace, Living/Dining Room, Vaulted Ceiling(s), Walk-In Closet(s), Loft
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2200.0
  • Dining Room Type: Laundry, Loft
  • Stories: 2

Exterior Features

  • Exterior Features: Patio, TV Antenna
  • View: Garden
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage, Guest, Garage Door Opener

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 637.0
  • Community Features: Pool, Street Lights, Tennis Court(s)
  • Senior Community: No
  • Amenities: Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 09-40-25-067-0430
  • Zoning Description: resident

Tax Info

  • Tax Year: 2000
  • Tax Annual Amount: 3566.0

Multi Family

  • Number Of Units In Community: 43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2019
Closed on
Nov 15, 2019
Sold by
Diaz Carmen R
Bought by
Varela Alvaro and Moran Ana Maria
Seller's Agent
Aixa Diaz-Schulte
Douglas Elliman
List Price
$480,000
Sold Price
$475
Premium/Discount to List
-$479,525
-99.9%
Current Estimated Value
$746,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$745,660
Avg. Annual Appreciation
244.48%
Original Mortgage
$460,750
Outstanding Balance
$405,681
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$340,454

Purchase Details

Closed on
Jul 28, 1995
Sold by
Freeman Yale T and Freeman Susan F
Bought by
Diaz Carmen R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.5%
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
Varela Alvaro $475,000 Attorney
Diaz Carmen R $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varela Alvaro $460,750
Previous Owner Diaz Carmen R $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2019 11/20/19 Sold $475 -99.9% $0 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
10/01/2019 10/01/19 For Sale $480,000 -- $218 / Sq Ft
Source: BeachesMLS

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 $7,152 $423,903 -- --
2024 $6,963 $411,957 -- --
2023 $6,963 $399,959 $0 $0
2022 $6,751 $388,310 $0 $0
2021 $6,821 $377,000 $0 $0
2020 $7,664 $377,000 $0 $0
2019 $3,758 $252,905 $0 $0
2018 $3,566 $248,190 $0 $0
2017 $3,410 $243,086 $0 $0
2016 $3,390 $238,087 $0 $0
2015 $4,036 $236,432 $0 $0
2014 $4,092 $234,556 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10565635

BeachesMLS

APN: 09-4025-067-0430