NOT LISTED FOR SALE

6899 SW 62nd Terrace South Miami, FL 33143

Estimated Value: $2,432,939

5 Beds
5.5 Baths
3,804 Sq Ft
$640/Sq Ft Est. Value

Last Sold June 17, 2024

Last sale price $2,300,000 $605 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $13,374/month

132 Days on Market

Highlights

  • In Ground Pool
  • Garage Apartment
  • Vaulted Ceiling
  • South Miami K-8 Center Rated A-
  • 30,056 Sq Ft lot
  • Garden View

About This Home

As of June 2024

Welcome to this historic jewel in South Miami, sitting on a 30,056 sq ft lot located in Tranquility Estates (which owes its name to the Tranquility Farm, and this was the main house). The current owners have meticulously maintained and improved their home over the 26 years. It includes 5 bedrooms, 5 baths, 1 half bath, 1 den, a 4-car garage, many patios, and a pool. The adjusted area is slightly over 5000 sq ft. The iron gates, wrought iron door, floors, and patio fountain were crafted and imported from Mexico, and along with other elements, give this home a ranch feel or 'Hacienda,' making it a unique home to own in South Miami.

Last Agent to Sell the Property

Faycal Bennouna Zhar

RE/MAX Advance Realty II License #3518990 Listed on: 02/05/2024

RE/MAX Advance Realty II

Co-Listed By

Mario Cabrera Jr.

Chez Realty, LLC. License #3367844

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,725

Year Built

  • Built in 1940

Lot Details

  • 0.69 Acre Lot
  • South Facing Home
  • Fenced
  • Property is zoned 0800

Parking

  • 2 Car Garage
  • Garage Apartment
  • Driveway
  • On-Street Parking
  • Open Parking

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 3,804 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace
  • Family Room
  • Den
  • Sun or Florida Room
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Gas Range
  • Microwave
  • Ice Maker
  • Cooking Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio

Schools

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

Utilities

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

Community Details

  • No Home Owners Association
  • Tranquility Ests Subdivision

Listing and Financial Details

  • Assessor Parcel Number 09-40-26-024-0370

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,725

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Co List Office Mls Id: ADVA02
  • Co List Office Phone: 305-444-7111
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: TRANQUILITY ESTS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Water Heater, Ice Maker, Microwave, Gas Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Vaulted Ceiling(s), Walk-In Closet(s), Den/Library/Office, Family Room, Florida Room, Garage Apartment
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 3804
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Garage Apartment

Exterior Features

  • Roof: Barrel Roof
  • View: Garden
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: TRANQUILITY ESTS
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Covered, Driveway, On Street

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

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

Lot Info

  • Parcel Number: 09-40-26-024-0370
  • Lot Size Sq Ft: 30056
  • Zoning: 0800
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6725

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Jun 17, 2024
Sold by
Diez Fernando and Straijer Florencia
Bought by
Vivar Romel and Divivar Sandra Di
Seller's Agent
Faycal Bennouna Zhar
RE/MAX Advance Realty II
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$2,600,000
Sold Price
$2,300,000
Premium/Discount to List
-$300,000
-11.54%
Views
46
Current Estimated Value
$2,432,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$132,939
Avg. Annual Appreciation
4.07%

Purchase Details

Closed on
Dec 18, 2023
Sold by
Diez Fernando
Bought by
Diez Fernando and Straijer Florencia

Purchase Details

Closed on
Jun 3, 1997
Sold by
Enrique and Enriquez Elena
Bought by
Diez Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
8.18%
Mortgage Type
New Conventional
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
Vivar Romel $2,300,000 None Listed On Document
Diez Fernando -- None Listed On Document
Diez Fernando $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Diez Fernando $224,000
Previous Owner Diez Fernando $268,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/17/2024 06/17/24 Sold $2,300,000 -11.5% $605 / Sq Ft
02/05/2024 02/05/24 For Sale $2,600,000 -- $683 / 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 $6,909 $1,916,688 $1,442,688 $474,000
2024 $6,725 $402,306 -- --
2023 $6,725 $390,589 $0 $0
2022 $6,518 $379,213 $0 $0
2021 $6,585 $368,168 $0 $0
2020 $5,474 $311,693 $0 $0
2019 $5,346 $304,686 $0 $0
2018 $5,112 $299,005 $0 $0
2017 $5,003 $292,856 $0 $0
2016 $4,982 $286,833 $0 $0
2015 $5,035 $284,840 $0 $0
2014 $5,104 $282,580 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Faycal Bennouna Zhar

    Seller's Agent in 2024

    Faycal Bennouna Zhar

    RE/MAX

    (305) 794-0483

    2 in this area

    23 Total Sales

    Faycal Bennouna Zhar
    Section Image
  • Mario Cabrera Jr.

    Seller Co-Listing Agent in 2024

    Mario Cabrera Jr.

    Chez Realty, LLC.

    (786) 452-4644

    7 in this area

    117 Total Sales

    Mario Cabrera Jr.
    Section Image

  • N

    Buyer's Agent in 2024

    NON-MLS MEMBER

    MAR NON MLS MEMBER

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11514134

MIAMI REALTORS® MLS

APN: 09-4026-024-0370

Florida Miami/Dade County South Miami 33143

6899 SW 62nd Terrace, South Miami, FL

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.

MIAMI REALTORS® MLS 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.

Nearby Homes