NOT LISTED FOR SALE

6775 SW 89th Terrace Miami, FL 33156

Estimated Value: $1,367,000 - $1,498,000

3 Beds
3 Baths
3,336 Sq Ft
$432/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $860,000 $258 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $10,487/month

110 Days on Market

Highlights

  • Lake Front
  • Gated with Attendant
  • Vaulted Ceiling
  • Pinecrest Elementary School Rated A
  • Clubhouse
  • Marble Flooring

About This Home

As of December 2020

Rarely available in the gated and 24-hour guarded Swan Lake community, this 3 bedroom, 3 bathroom home features a beautiful, open, and updated kitchen with stainless steel appliances, granite countertops, and wood cabinets with interior lighting. The kitchen looks out over a spacious family room with soaring ceilings and lots of natural light. The second floor includes hardwood floors throughout and an oversized master suite with a custom walk-in his and her closet. The large balcony from the master bedroom overlooks a professionally landscaped yard with a private water view. In addition, the oversized wrap around balcony is perfect for entertaining and enjoying the peaceful and quiet life of Swan Lake living in the heart of North Pinecrest.

Last Agent to Sell the Property

Jason Pappas

Illustrated Properties License #3227091 Listed on: 07/23/2020

Illustrated Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,024

Year Built

  • Built in 1993

Lot Details

  • 5,303 Sq Ft Lot
  • Lake Front
  • Zero Lot Line

HOA Fees

  • $1,470 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking

Property Views

  • Lake
  • Garden

Interior Spaces

  • 3,336 Sq Ft Home
  • 2-Story Property
  • Furnished or left unfurnished upon request
  • Vaulted Ceiling
  • Skylights
  • Blinds
  • Arched Windows
  • Casement Windows
  • Entrance Foyer
  • Family Room
  • Formal Dining Room

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony
  • Open Patio
  • Wrap Around Porch

Utilities

  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 20-50-02-064-0430

Community Details

Overview

  • Association fees include common areas, cable TV, pool(s), security
  • 48 Units
  • Swan Lake Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,024

Year Built

Built in 1993

Lot Details

0

HOA Fees

$1,470 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: From 88th Street, turn south on Ludlam Road (67th Ave). Immediately turn west onto 88th Terrace at the Swan Lake entrance.
  • Year Built: 1993
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bidet, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Living/Dining Room, Skylights, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Negotiable
  • Spa Features: Community
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Marble, Wood
  • Living Area: 3336.0
  • Dining Room Type: Family Room, Laundry
  • Stories: 2
  • Window Features: Arched, Blinds, Casement Window(s), Skylight(s)

Exterior Features

  • Exterior Features: Balcony, Porch
  • View: Garden, Lake
  • Lot Features: Zero Lot Line
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Porch, Wrap Around
  • 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, Two or More Spaces

Utilities

  • Security: Gated with Guard, Smoke Detector(s)
  • Cooling: Central Air, Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1470.0
  • Community Features: Clubhouse, Gated, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Pool(s), Security

Lot Info

  • Parcel #: 20-50-02-064-0430
  • Lot Size Sq Ft: 5303.0
  • Zoning Description: Res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019

Multi Family

  • Number Of Units In Community: 48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2020
Closed on
Dec 10, 2020
Sold by
Bandstra Ted E and Bandstra Emmalee S
Bought by
Proctor John and Delproctor Maria Del
Seller's Agent
Jason Pappas
Illustrated Properties
List Price
$939,000
Sold Price
$860,000
Premium/Discount to List
-$79,000
-8.41%
Current Estimated Value
$1,440,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$580,268
Avg. Annual Appreciation
12.77%
Original Mortgage
$600,000
Outstanding Balance
$536,634
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$977,821
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
Proctor John $860,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Proctor John $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $860,000 -8.4% $258 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
07/23/2020 07/23/20 For Sale $939,000 -- $281 / 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 $14,024 $816,574 -- --
2024 $13,446 $793,561 -- --
2023 $13,446 $770,448 $0 $0
2022 $13,004 $748,008 $0 $0
2021 $12,974 $726,222 $0 $0
2018 $5,820 $335,751 $0 $0
2017 $5,625 $328,846 $0 $0
2016 $5,591 $322,083 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jason Pappas

    Illustrated Properties

    (305) 494-4542

    1 in this area

    10 Total Sales

    Jason Pappas
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Map

Source: BeachesMLS

MLS Number: R10641026

BeachesMLS

APN: 20-5002-064-0430

Florida Miami/Dade County Miami 33156

6775 SW 89th Terrace, Miami, FL

This home is located at 6775 SW 89th Terrace, Miami, FL 33156 since 23 July 2020 and is currently estimated at $1,440,268, approximately $431 per square foot. This property was built in 1993. 6775 SW 89th Terrace is a home located in Miami-Dade County with nearby schools including Pinecrest Elementary School, Palmetto Middle School, and Miami Palmetto Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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