NOT LISTED FOR SALE

6649 SW 62nd Terrace South Miami, FL 33143

Estimated Value: $1,060,000 - $1,379,000

3 Beds
2 Baths
1,876 Sq Ft
$617/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $523,000 $279 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $6,783/month

216 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Patio
  • South Miami K-8 Center Rated A-
  • Circular Driveway
  • 2-minute walk to Palmer Park

About This Home

As of August 2017

SITUATED ON A CUL DE SAC THIS SOUTH MIAMI HOME OFFERS AN UPDATED KITCHEN (GRANITE & STAINLESS) AND UPDATED BATHROOMS. THIS 4 BEDROOM & 2 BATH HAS A SPACIOUS OPEN FAMILY ROOM.
LARGE WINDOWS AND 2 SETS OF FRENCH DOORS MAKE THIS ROOM LIGHT AND BRIGHT. CORNER LOT IS OVER 11,000 SQUARE FEET. LARGE SALINATED POOL & PATIO OFFER LOTS OF FUN IN THE SUN. TILE FLOORS, RECESSED LIGHTING, MORE. WALK IN CLOSET IN MASTER. GREAT FAMILY HOME/SUPER LOCATION. PRICED FOR QUICK SALE. 24 HR NOTICE PLEASE FOR APPT.

Last Agent to Sell the Property

Patricia Brown

MMLS Assoc.-Inactive Member License #0010471 Listed on: 11/16/2016

MMLS Assoc.-Inactive Member

Last Buyer's Agent

David Lema

Met Real Estate Corp. License #3367046

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,029

Year Built

  • Built in 1959

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 102.390x109
  • South Facing Home
  • Fenced
  • Property is zoned RS-3

Home Design

  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,876 Sq Ft Home
  • 1-Story Property
  • Paddle Fans
  • Family Room
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • Circular Driveway
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Patio
  • Exterior Lighting
  • Shed

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Nuevo Mundo Add 01 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-40-25-045-0030

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,029

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story, Other
  • Directions: TURN EAST ON 62ND TERRACE FROM 67TH AVENUE-HOUSE ON LEFT
  • Garage Yn: No
  • Horses: No
  • Lot Size: 102.390x109
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: Nuevo Mundo Add 01
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Family Room, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1876
  • Possible Use: Primary
  • Window Features: Hurricane Shutters
  • Bedroom Features: Primary Bedroom Ground Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Family Room, Utility Room/Laundry
  • Master Bathroom Features: Shower Only

Exterior Features

  • Roof: Metal Roof
  • View: None
  • Exterior Features: Fruit Trees, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Pool Features: In Ground, Other
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Nuevo Mundo Add 01
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Paddle Fans
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 09-40-25-045-0030
  • Lot Size Sq Ft: 11161
  • Zoning: RS-3
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2016
Closed on
Aug 30, 2017
Sold by
Urra Agustin
Bought by
Lema David S
Seller's Agent
Patricia Brown
MMLS Assoc.-Inactive Member
Buyer's Agent
David Lema
Met Real Estate Corp.
List Price
$547,000
Sold Price
$523,000
Premium/Discount to List
-$24,000
-4.39%
Current Estimated Value
$1,157,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$634,281
Avg. Annual Appreciation
10.16%
Original Mortgage
$418,400
Outstanding Balance
$349,675
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$807,606

Purchase Details

Listed on
Nov 16, 2016
Closed on
Aug 29, 2017
Sold by
Morffiz Irma B
Bought by
Lema David S
Seller's Agent
Patricia Brown
MMLS Assoc.-Inactive Member
Buyer's Agent
David Lema
Met Real Estate Corp.
List Price
$547,000
Sold Price
$523,000
Premium/Discount to List
-$24,000
-4.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,400
Outstanding Balance
$349,675
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$807,606

Purchase Details

Closed on
Jul 31, 2009
Sold by
Tamara Manuel A and Luna Leticia
Bought by
Urra Agustin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,294
Interest Rate
5.36%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 12, 2005
Sold by
Aixap Corp
Bought by
Tamara Manuel A and Tamara Leticia

Purchase Details

Closed on
Jan 31, 1997
Sold by
Klauder Margaret A and Weinsier James F
Bought by
Aixap Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,100
Interest Rate
7.77%
Mortgage Type
New Conventional
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
Lema David S $523,000 Unlimited Title Services Llc
Lema David S -- Unlimited Title Services Llc
Urra Agustin $322,500 Attorney
Tamara Manuel A -- None Available
Aixap Corp $134,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lema David S $418,400
Previous Owner Urra Agustin $309,294
Previous Owner Aixap Corp $101,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2017 08/31/17 Sold $523,000 -2.8% $279 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
02/28/2017 02/28/17 Price Changed $538,000 -1.6% $287 / Sq Ft
11/16/2016 11/16/16 For Sale $547,000 -- $292 / 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 $8,354 $492,240 -- --
2024 $8,135 $478,368 -- --
2023 $8,135 $464,435 $0 $0
2022 $7,890 $450,908 $0 $0
2021 $7,976 $437,775 $0 $0
2020 $7,878 $431,731 $275,093 $156,638
2019 $7,898 $431,768 $275,093 $156,675
2018 $7,720 $431,805 $275,093 $156,712
2017 $4,006 $242,704 $0 $0
2016 $3,987 $237,713 $0 $0
2015 $4,029 $236,061 $0 $0
2014 $4,084 $234,188 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2017

    Patricia Brown

    MMLS Assoc.-Inactive Member

    Section Image
  • David Lema

    Buyer's Agent in 2017

    David Lema

    Met Real Estate Corp.

    (786) 223-4313

    36 Total Sales

    David Lema
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10177884

MIAMI REALTORS® MLS

APN: 09-4025-045-0030

Florida Miami/Dade County South Miami 33143

6649 SW 62nd Terrace, South Miami, FL

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