NOT LISTED FOR SALE

7009 SW 53rd Ln Miami, FL 33155

Estimated Value: $883,000 - $925,000

3 Beds
2.5 Baths
1,923 Sq Ft
$470/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $550,000 $286 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,693/month

37 Days on Market

Highlights

  • Lake Front
  • Private Dock
  • Private Guards
  • South Miami K-8 Center Rated A-
  • Community Cabanas
  • Deck

About This Home

As of November 2020

You'll delight in this rainforest hacienda in the exclusive resort community of Lakeridge. Mexican saltillo tile leads from the front patio through to the deck & dock. Terracotta tile floors & talavera sinks are throughout. The master suite with cathedral ceiling, roman tub & huge closets opens to grand vista of the entire 30 acre lake. The 2nd and 3rd bedrooms have been converted to 2nd master which is easily reversed. Secure for children & pets, you can relax here. You'll want to stay!

Last Agent to Sell the Property

Letitia Tepper

MMLS Assoc.-Inactive Member License #3011449 Listed on: 09/17/2020

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Ligia Maria Hernandez

MMLS Assoc.-Inactive Member License #0608535

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,765

Year Built

  • Built in 1978

Lot Details

  • Lake Front
  • South Facing Home
  • Fenced

HOA Fees

  • $322 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,923 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Built-In Features
  • Vaulted Ceiling
  • Paddle Fans
  • Skylights
  • Single Hung Metal Windows
  • Sliding Windows
  • Entrance Foyer
  • Formal Dining Room
  • Tile Flooring
  • Lake Views

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Roman Tub
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Car Parking Spaces
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Private Dock
  • Deck
  • Patio
  • Exterior Lighting

Location

  • West of U.S. Route 1

Schools

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

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

  • Assessor Parcel Number 30-40-23-037-0820

Community Details

Overview

  • 170 Units
  • Lakeridge Sec 1 Condos
  • Lakeridge Sec 1 Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Cabanas
  • Heated Community Pool
  • Community Spa
  • Bike Trail

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Private Guards
  • Security Guard
  • Complex Is Fenced
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,765

Year Built

Built in 1978

Lot Details

0

HOA Fees

$322 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1978
  • Property Sub Type: Townhouse
  • Directions: GPS, WAZE, GOOGLE MAPS
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse Fee Simple, Townhouse
  • Subdivision Name: LAKERIDGE SEC 1
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Built-in Features, Entrance Foyer, Pantry, Roman Tub, Skylight, Vaulted Ceiling(s), Wet Bar
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1923
  • Possible Use: Primary
  • Stories: 2
  • Window Features: Skylight, Single Hung Metal, Sliding
  • Bedroom Features: Master Bedroom Upstairs
  • Dining Room Features: Breakfast Area, Formal Dining
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Lake
  • Exterior Features: West Of Us1
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: LAKERIDGE SEC 1
  • Parking Features: 2 Or More Spaces, Assigned, Guest, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Paddle Fans
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Heat Pump/Reverse Cycle
  • Heating Yn: Yes
  • Security: Smoke Detector, Complex Fenced, Guard At Site, Private Guards

Condo/Co-op/Association

  • Association Fee: 965
  • Amenities: Basketball Court, Bike/Jog Path, Boat Dock, Cabana, Heated Pool, Exterior Lighting, Child Play Area, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

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

Lot Info

  • Parcel Number: 30-40-23-037-0820
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3765

Multi Family

  • Number Of Units In Community: 170

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Nov 24, 2020
Sold by
Tepper Jerome and Tepper Letitia
Bought by
Colindres Karla Ortez and Colindres Estefan
Seller's Agent
Letitia Tepper
MMLS Assoc.-Inactive Member
Buyer's Agent
Ligia Maria Hernandez
MMLS Assoc.-Inactive Member
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%
Current Estimated Value
$903,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,953
Avg. Annual Appreciation
10.19%
Original Mortgage
$495,000
Outstanding Balance
$440,698
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$463,255

Purchase Details

Closed on
Nov 5, 2007
Sold by
Intergate Development Llc
Bought by
Tepper Jerome and Tepper Letitia
Source: Public Records
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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
Colindres Karla Ortez $550,000 Attorney
Tepper Jerome $260,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colindres Karla Ortez $495,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/24/2020 11/24/20 Sold $550,000 -2.1% $286 / Sq Ft
10/24/2020 10/24/20 Pending -- -- --
10/15/2020 10/15/20 Price Changed $562,000 -6.2% $292 / Sq Ft
09/17/2020 09/17/20 For Sale $599,000 -- $311 / 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 $7,738 $468,880 -- --
2024 $7,406 $455,666 -- --
2023 $7,406 $442,395 $0 $0
2022 $7,142 $429,510 $0 $0
2021 $7,120 $417,000 $0 $0
2020 $3,847 $230,381 $0 $0
2019 $3,765 $225,202 $0 $0
2018 $3,585 $221,003 $0 $0
2017 $3,554 $216,458 $0 $0
2016 $3,521 $212,006 $0 $0
2015 $3,560 $210,533 $0 $0
2014 -- $208,863 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10929055

MIAMI REALTORS® MLS

APN: 30-4023-037-0820