NOT LISTED FOR SALE

7016 SW 48th Ln Miami, FL 33155

Glenvar Heights Neighborhood

Estimated Value: $1,010,000 - $1,184,000

3 Beds
2.5 Baths
2,604 Sq Ft
$408/Sq Ft Est. Value

Last Sold May 29, 2019

Last sale price $600,000 $230 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $6,683/month

10 Days on Market

Highlights

  • Lake Front
  • Private Dock
  • Deck
  • South Miami K-8 Center Rated A-
  • Sitting Area In Primary Bedroom
  • Community Pool

About This Home

As of May 2019

Experience the relaxing Lakeridge lifestyle in this spacious lakefront, 2 story town home with 3 large bedrooms and 2 and a half baths. Lakeridge is one of Miami's best kept secrets, this is a MUST see! Spacious master bedroom with sitting area, office space and incredible views of lake. Amenities include a gated community with 24 hr. security, 2 community pools, tennis courts, jogging trail and children park. Roof was last replaced in 2013 with transferable warranty for 10 years. Close to everything but very private and quiet.

Last Agent to Sell the Property

Louis Erice

Keller Williams Realty Premier Properties License #0575790 Listed on: 04/09/2019

Keller Williams Realty Premier Properties

Co-Listed By

Linda Maria Erice

Miami Portfolio Collection License #3024593

Last Buyer's Agent

Iliane Dautreppe

Keller Williams Realty International Lifestyles License #3181391

Keller Williams Realty International Lifestyles

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,450

Year Built

  • Built in 1979

Lot Details

  • 3,136

HOA Fees

  • $308 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,604 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Lake Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Parking

  • 2 Car Parking Spaces
  • Guest Parking

Outdoor Features

  • Access To Lake
  • Private Dock
  • Balcony
  • Deck

Additional Features

  • Lake Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 30-40-23-042-0260

Community Details

Overview

  • Club Membership Required
  • Lakeridge Condos
  • Lakeridge Sec 4 Subdivision

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Complex Is Fenced

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,450

Year Built

Built in 1979

Lot Details

0

HOA Fees

$308 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Property Sub Type: Townhouse
  • Co List Office Mls Id: KWPP01
  • Co List Office Phone: 305-595-2844
  • 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 4
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Electric Range, Refrigerator, Wall Oven
  • Interior Amenities: First Floor Entry, Pantry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Other, Tile
  • Furnished: Unfurnished
  • Living Area: 2604
  • Possible Use: Primary
  • Stories: 2
  • Window Features: Hurricane Shutters
  • Bedroom Features: Sitting Area - Primary Bedroom, Primary Bedroom Upstairs
  • Dining Room Features: Eat-In Kitchen
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Lake
  • Exterior Features: Other, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake, Lake Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Lakeridge
  • Parking Features: 2 Or More Spaces, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Guard At Site

Condo/Co-op/Association

  • Association Fee: 925
  • Amenities: Other, Child Play Area, Pool, Tennis Court(s)
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • ResoAssociationFeeFrequency: Quarterly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 30-40-23-042-0260
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4450

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2019
Closed on
May 29, 2019
Sold by
Caldwell J Alexander and Caldwell Julius Alexander
Bought by
Patrick O Callaghan James and Segui Sylvia
Seller's Agent
Louis Erice
Keller Williams Realty Premier Properties
Buyer's Agent
Iliane Dautreppe
Keller Williams Realty International Lifestyles
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Current Estimated Value
$1,063,310

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,310
Avg. Annual Appreciation
9.32%
Original Mortgage
$360,000
Outstanding Balance
$317,163
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$746,147

Purchase Details

Closed on
Mar 16, 2000
Sold by
Malley Alvin I and Malley Rachelle L
Bought by
Caldwell J A and Caldwell Maria T
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
Patrick O Callaghan James $600,000 Micasa Title Services Inc
Caldwell J A $295,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patrick O Callaghan James $360,000
Previous Owner Caldwell J A $320,000
Previous Owner Caldwell J A $272,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2019 05/29/19 Sold $600,000 -4.0% $230 / Sq Ft
04/19/2019 04/19/19 Pending -- -- --
04/09/2019 04/09/19 For Sale $625,000 -- $240 / 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 $9,592 $581,478 -- --
2024 $9,218 $565,091 -- --
2023 $9,218 $548,633 $0 $0
2022 $8,900 $532,654 $0 $0
2021 $8,884 $517,140 $0 $0
2020 $9,620 $557,300 $0 $0
2019 $4,669 $276,259 $0 $0
2018 $4,450 $271,108 $0 $0
2017 $4,413 $265,532 $0 $0
2016 $4,381 $260,071 $0 $0
2015 $4,432 $258,264 $0 $0
2014 -- $256,215 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Louis Erice

    Seller's Agent in 2019

    Louis Erice

    Keller Williams Realty Premier Properties

    (561) 294-7272

    1 in this area

    19 Total Sales

    Louis Erice
    Section Image
  • Linda Maria Erice

    Seller Co-Listing Agent in 2019

    Linda Maria Erice

    Miami Portfolio Collection

    (786) 229-7876

    1 in this area

    96 Total Sales

    Linda Maria Erice
    Section Image
  • Iliane Dautreppe

    Buyer's Agent in 2019

    Iliane Dautreppe

    Keller Williams Realty International Lifestyles

    (305) 318-5970

    37 Total Sales

    Iliane Dautreppe
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10652373

MIAMI REALTORS® MLS

APN: 30-4023-042-0260

Florida Miami/Dade County Miami 33155 Glenvar Heights

7016 SW 48th Ln, Miami, FL

This home is located at 7016 SW 48th Ln, Miami, FL 33155 since 09 April 2019 and is currently estimated at $1,063,310, approximately $408 per square foot. This property was built in 1979. 7016 SW 48th Ln is a home located in Miami-Dade County with nearby schools including South Miami K-8 Center, South Miami Middle School, and South Miami 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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