NOT LISTED FOR SALE

7086 SW 48th Ln Unit 7086 Miami, FL 33155

Glenvar Heights Neighborhood

Estimated Value: $745,362 - $899,000

2 Beds
2 Baths
1,552 Sq Ft
$513/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $550,000 $354 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,802/month

284 Days on Market

Highlights

  • Lake Front
  • Private Dock
  • Marble Flooring
  • South Miami K-8 Center Rated A-
  • Deck
  • Jettted Tub and Separate Shower in Primary Bathroom

About This Home

As of June 2018

Completely updated lakefront town home with land, rare to find! Rare Lakefront Home w/floating dock, available either unfurnished or partially furnished! Many upgrades, including floor-to-ceiling master bedroom impact windows, wet bar, electric and black/out blinds, washer/ dryer, extra large shower with steam room, ultraviolet light A/C, California closets, Murphy bed & whirlpool tub in guest bedroom, pre-wired audio system, retractable awning, patio furniture and shutters downstairs for convenient storage of outdoor furniture. Animal lovers & non-smokers please

Last Agent to Sell the Property

Sylvia Smith-Levine

Smith Associates, Inc License #0686136 Listed on: 07/21/2017

Last Buyer's Agent

Sumita Sengupta

Douglas Elliman License #3364621

Douglas Elliman

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,000

Year Built

  • Built in 1979 | Remodeled

Lot Details

  • Lake Front
  • South Facing Home
  • Fenced

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

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

Interior Spaces

  • 1,552 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Partially Furnished
  • Ceiling Fan
  • Awning
  • Blinds
  • Sliding Windows
  • Formal Dining Room
  • Marble Flooring
  • Lake Views

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Trash Compactor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Access To Lake
  • Private Dock
  • Deck
  • Exterior Lighting
  • Outdoor Grill
  • Porch

Location

  • West of U.S. Route 1

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 30-40-23-042-0120

Community Details

Overview

  • Property has a Home Owners Association
  • Lakeridge Condos
  • Lakeridge Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Recreation

  • Tennis Courts
  • Community Playground
  • Heated Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,000

Year Built

Built in 1979 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • Property Sub Type: Townhouse
  • Directions: Off 72nd Avenue and between Miller and Bird Rd., enter through gate to the left please --
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Dock Available,Private Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse Fee Simple, Townhouse
  • Subdivision Name: LAKERIDGE
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Walk-In Closet(s), Wet Bar
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Marble
  • Furnished: Partially, Partially Furnished
  • Living Area: 1552
  • Possible Use: Primary
  • Stories: 2
  • Window Features: Hurricane Shutters, Awning, Blinds, Impact Glass, Sliding
  • Bedroom Features: Primary Bedroom Upstairs
  • Dining Room Features: Formal Dining, Snack Bar/Counter
  • Master Bathroom Features: Combination Tub & Shower, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Lake
  • Exterior Features: West Of Us1, Barbeque, Tennis Court(s)
  • Construction Type: CBS Construction, Stucco
  • Direction Faces: South
  • Fencing: Fenced
  • Patio And Porch Features: Deck, Open Porch
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Lake, Lake Access
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: Lakeridge
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Guest, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Guard At Site

Condo/Co-op/Association

  • Amenities: Heated Pool, Exterior Lighting, Other, Child Play Area, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 30-40-23-042-0120
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 6000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2017
Closed on
Jun 15, 2018
Sold by
Levine Michael and Smith Sylvia
Bought by
Lough Richard Anthony and Lough Tamara
Seller's Agent
Sylvia Smith-Levine
Smith Associates, Inc
Buyer's Agent
Sumita Sengupta
Douglas Elliman
List Price
$559,500
Sold Price
$550,000
Premium/Discount to List
-$9,500
-1.7%
Current Estimated Value
$796,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,341
Avg. Annual Appreciation
5.14%
Original Mortgage
$440,000
Outstanding Balance
$381,378
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$414,963

Purchase Details

Closed on
Sep 18, 2000
Sold by
Arcila Santiago and Valencia Isabel C
Bought by
Valiente Teresa M

Purchase Details

Closed on
Aug 1, 1997
Sold by
Richtmyer Janis M
Bought by
Arcila Santiago

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,950
Interest Rate
7.61%
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
Lough Richard Anthony $550,000 Attorney
Valiente Teresa M $190,000 --
Arcila Santiago $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lough Richard Anthony $440,000
Previous Owner Arcila Santiago $123,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2018 06/15/18 Sold $550,000 -1.7% $354 / Sq Ft
03/28/2018 03/28/18 Price Changed $559,500 0.0% $361 / Sq Ft
03/28/2018 03/28/18 For Sale $559,500 +1.7% $361 / Sq Ft
09/22/2017 09/22/17 Off Market $550,000 -- --
08/01/2017 08/01/17 Price Changed $575,900 0.0% $371 / Sq Ft
07/22/2017 07/22/17 Rented $3,000 0.0% --
07/21/2017 07/21/17 For Sale $595,000 0.0% $383 / Sq Ft
04/27/2017 04/27/17 Under Contract -- -- --
02/27/2017 02/27/17 For Rent $3,000 0.0% --
11/19/2016 11/19/16 Rented $3,000 0.0% --
11/04/2016 11/04/16 Under Contract -- -- --
11/01/2016 11/01/16 Price Changed $3,000 -3.2% $2 / Sq Ft
10/27/2016 10/27/16 Price Changed $3,100 -4.6% $2 / Sq Ft
10/16/2016 10/16/16 For Rent $3,250 -- --
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 $7,497 $454,263 -- --
2024 $7,171 $441,461 -- --
2023 $7,171 $428,603 $0 $0
2022 $6,914 $416,120 $0 $0
2021 $6,892 $404,000 $0 $0
2020 $6,948 $406,000 $0 $0
2019 $7,672 $406,000 $0 $0
2018 $6,886 $372,000 $0 $0
2017 $4,322 $260,323 $0 $0
2016 $4,289 $254,969 $0 $0
2015 $4,339 $253,197 $0 $0
2014 $4,391 $251,188 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sylvia Smith-Levine

    Seller's Agent in 2018

    Sylvia Smith-Levine

    Smith Associates, Inc

    (305) 975-0880

    11 Total Sales

    Sylvia Smith-Levine
    Section Image

  • S

    Buyer's Agent in 2018

    Sumita Sengupta

    Douglas Elliman

    (305) 788-5369

    15 Total Sales

    Sumita Sengupta
    Section Image

  • T

    Buyer's Agent in 2017

    Tatiana Tamayo

    Gilvan Realty Corp.

  • Enolismel Padilla

    Buyer's Agent in 2016

    Enolismel Padilla

    LP Realty Group

    (305) 542-6685

    1 in this area

    25 Total Sales

    Enolismel Padilla
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10311634

MIAMI REALTORS® MLS

APN: 30-4023-042-0120

Florida Miami/Dade County Miami 33155 Glenvar Heights

7086 SW 48th Ln Unit 7086, Miami, FL

This home is located at 7086 SW 48th Ln Unit 7086, Miami, FL 33155 since 21 July 2017 and is currently estimated at $796,341, approximately $513 per square foot. This property was built in 1979. 7086 SW 48th Ln Unit 7086 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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