NOT LISTED FOR SALE

690 NE 50th Terrace Miami, FL 33137

Upper East Side South Neighborhood

Estimated Value: $4,531,000 - $7,172,578

5 Beds
5.5 Baths
5,169 Sq Ft
$1,113/Sq Ft Est. Value

Last Sold July 28, 2014

Last sale price $1,600,000 $310 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $36,883/month

321 Days on Market

Highlights

  • In Ground Pool
  • Maid or Guest Quarters
  • Wood Flooring
  • Gated Community
  • Recreation Room
  • Main Floor Bedroom

About This Home

As of July 2014

$1M REDUCTION DUE TO CHINESE DRYWALL-bring your Investors/Contractors. MidCentury Modern fully renovated 2008, high ceilings, open floor plan includes kitchen w/island, SS appliances, counters, surrounded by impact windows exposing pool, patios, trellis t erraces, spacious private master features wrap terrace, Jacuzzi, customized large closet, fireplace, 3rd story roof terrace.

Last Agent to Sell the Property

Nelson Gonzalez

BHHS EWM Realty License #0449460 Listed on: 08/01/2013

BHHS EWM Realty

Last Buyer's Agent

Ralph De Martino

Ocean International Realty License #03004343

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,323

Year Built

  • Built in 1950

Lot Details

  • 0.41 Acre Lot
  • North Facing Home
  • Fenced
  • Property is zoned 10/S FM

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 5,169 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Picture Window
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Recreation Room
  • Storage Room
  • Property Views

Kitchen

  • Built-In Oven
  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Snack Bar or Counter
  • Trash Compactor

Flooring

  • Wood
  • Concrete
  • Terrazzo

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • Bidet
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Balcony
  • Patio
  • Exterior Lighting

Additional Features

  • Flood Zone Lot
  • Zoned Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 01-32-19-025-0010

Community Details

Overview

  • No Home Owners Association
  • 19 53 42 Mc Daniel Sub Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,323

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: 19 53 42 MC DANIEL SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Dryer, Ice Maker, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Family Room, Great Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Recreation Room, Storage, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Flooring: Concrete, Other, Terrazzo, Wood
  • Furnished: Unfurnished
  • Living Area: 5169
  • Possible Use: Unknown/Withheld
  • Window Features: Picture Window
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs
  • Dining Room Features: Dining/Living Room, Other, Snack Bar/Counter
  • Living Room Features: Family Room, Great Room, Separate Guest/In-Law Quarters, Maid/In-Law Quarters, Recreation Room, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Other
  • View: Other
  • Exterior Features: Lighting, Open Balcony, Other
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Flood Zone Lot
  • Patio And Porch Features: Open Balcony, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: 19 53 42 MC DANIEL SUB
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated Community, Paved Road, Public Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-19-025-0010
  • Lot Size Sq Ft: 17763
  • Zoning: 10/S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 18323

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2022
Sold by
690 Ne 50 Llc
Bought by
Degwitz Alexander
Current Estimated Value
$5,753,645

Purchase Details

Closed on
Oct 26, 2015
Sold by
690 Ne 50 Llc
Bought by
690 Ne 50 Llc

Purchase Details

Listed on
Aug 1, 2013
Closed on
Jul 24, 2014
Sold by
Punjwani Sohail and Punjwani Samina
Bought by
690 Ne 50 Llc
Seller's Agent
Nelson Gonzalez
BHHS EWM Realty
Buyer's Agent
Ralph De Martino
Ocean International Realty
List Price
$2,275,250
Sold Price
$1,600,000
Premium/Discount to List
-$675,250
-29.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.45%

Purchase Details

Closed on
Aug 30, 2004
Sold by
Milon Francis
Bought by
Punjwani Sohail and Punjwani Samina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$768,750
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 25, 2002
Sold by
Rene Milon M and Rene Nicole Milon
Bought by
Milon Francis

Purchase Details

Closed on
Mar 9, 1998
Sold by
Bermejo Miguel
Bought by
Milon 50% Rene and Milon 50% Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,400
Interest Rate
6.95%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Degwitz Alexander $1,086,100 --
690 Ne 50 Llc -- Attorney
690 Ne 50 Llc $1,600,000 Attorney
Punjwani Sohail $1,127,700 --
Milon Francis -- --
Milon 50% Rene $283,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 690 Ne 50 Llc $1,200,000
Previous Owner Punjawani Sohail $1,450,000
Previous Owner Punjwani Sohail S $1,140,000
Previous Owner Punjwani Sohail S $300,000
Previous Owner Punjwani Sohail $768,750
Previous Owner Milon 50% Rene $226,400
Closed Punjwani Sohail $205,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2014 07/28/14 Sold $1,600,000 -17.9% $310 / Sq Ft
06/19/2014 06/19/14 Pending -- -- --
04/29/2014 04/29/14 Price Changed $1,950,000 -14.3% $377 / Sq Ft
04/25/2014 04/25/14 For Sale $2,275,250 0.0% $440 / Sq Ft
04/01/2014 04/01/14 Pending -- -- --
02/24/2014 02/24/14 Price Changed $2,275,250 -5.0% $440 / Sq Ft
12/09/2013 12/09/13 Price Changed $2,395,000 -16.0% $463 / Sq Ft
08/01/2013 08/01/13 For Sale $2,850,000 -- $551 / 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 $64,573 $3,249,432 -- --
2024 $64,311 $3,157,855 -- --
2023 $64,311 $3,065,879 $1,953,930 $1,111,949
2022 $44,099 $1,960,305 $0 $0
2021 $39,740 $1,782,096 $950,320 $831,776
2020 $38,636 $1,732,166 $890,992 $841,174
2019 $41,514 $1,863,064 $1,012,491 $850,573
2018 $40,859 $1,872,463 $1,012,491 $859,972
2017 $30,140 $1,339,665 $0 $0
2016 $29,878 $1,301,232 $0 $0
2015 $37,605 $1,604,158 $0 $0
2014 $18,618 $818,967 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nelson Gonzalez

    Seller's Agent in 2014

    Nelson Gonzalez

    BHHS EWM Realty

    (305) 674-4040

    1 in this area

    108 Total Sales

    Section Image
  • Ralph De Martino

    Buyer's Agent in 2014

    Ralph De Martino

    Ocean International Realty

    (305) 850-7769

    44 Total Sales

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1822802

MIAMI REALTORS® MLS

APN: 01-3219-025-0010

Florida Miami/Dade County Miami 33137 Upper East Side South

690 NE 50th Terrace, Miami, FL

This home is located at 690 NE 50th Terrace, Miami, FL 33137 since 01 August 2013 and is currently estimated at $5,753,645, approximately $1,113 per square foot. This property was built in 1950. 690 NE 50th Terrace is a home located in Miami-Dade County with nearby schools including Morningside K-8 Academy, Horace Mann Middle School, and Booker T. Washington 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.

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.

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