NOT LISTED FOR SALE

7220 SW 5th Terrace Miami, FL 33144

Flagami Neighborhood

Estimated Value: $601,137 - $663,000

3 Beds
3 Baths
1,630 Sq Ft
$390/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $430,000 $264 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,993/month

7 Days on Market

Highlights

  • Maid or Guest Quarters
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Flagami Elementary School Rated A-
  • Den
  • Laundry in Utility Room

About This Home

As of June 2021

Unique opportunity. This is a 3 bedrooms 3 bathrooms plus den and family room property that has been well maintained. Comfortable kitchen with a nice family room with access to a screened aluminum roof terrace and laundry room. One bedroom and bath room are on the right side, the master bedroom and bath plus a den on the other side and one bedroom, bathroom, living room, kitchen and family room in the center of the property. Ceramic tile through out. Roof is 10 years old. Central A/C is 4 years old and a split unit one year old.
This is an Estate Sale with probate already done Preferred Closing Agent (Probate Lawyer) Gonzalo Perez Jr, PA 7915 Coral Way Miami FL 33155

Last Agent to Sell the Property

Jesus Rodriguez

Homeside Realty Corp. License #3232161 Listed on: 03/29/2021

Co-Listed By

Martin Rodriguez

Homeside Realty Corp. License #3230133

Last Buyer's Agent

Sandra Poli

Compass Florida, LLC License #3437425

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,126

Year Built

  • Built in 1948

Lot Details

  • 6,000 Sq Ft Lot
  • North Facing Home
  • Property is zoned 0100

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,630 Sq Ft Home
  • 1-Story Property
  • Awning
  • Family Room
  • Den
  • Ceramic Tile Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Shed

Schools

  • Flagami Elementary School
  • West Miami Middle School
  • South Miami High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Tamiami Gardens Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-40-02-005-1380

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,126

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Co List Office Mls Id: HSDE01
  • Co List Office Phone: 305-266-1708
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: TAMIAMI GARDENS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Den/Library/Office, Family Room, Maid/In-Law Quarters, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1630
  • Possible Use: Primary
  • Window Features: Hurricane Shutters
  • Bedroom Features: Entry Level
  • Living Room Features: Den/Library/Office, Family Room, Maid/In-Law Quarters, Utility Room/Laundry

Exterior Features

  • Roof: Shingle
  • View: None
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Extra Building/Shed
  • Patio And Porch Features: Awning(s)
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TAMIAMI GARDENS
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

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

Lot Info

  • Parcel Number: 01-40-02-005-1380
  • Lot Size Sq Ft: 6000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 1126

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2021
Closed on
Jun 30, 2021
Sold by
Jewett Meilan Marie Irene and Jewett Fernando Miles
Bought by
Mateo Hernan and Mateo Giselle
Seller's Agent
Jesus Rodriguez
Homeside Realty Corp.
Buyer's Agent
Sandra Poli
Compass Florida, LLC
List Price
$429,000
Sold Price
$430,000
Premium/Discount to List
$1,000
0.23%
Current Estimated Value
$636,034

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,034
Avg. Annual Appreciation
10.10%
Original Mortgage
$344,000
Outstanding Balance
$312,803
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$333,315
Source: Public Records

Range of Values:

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Average Value
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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
Mateo Hernan $430,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mateo Hernan $344,000
Previous Owner Jewett Fernando D $128,000
Previous Owner Jewett Fernando D $93,000
Previous Owner Jewett Fernando D $16,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $430,000 +0.2% $264 / Sq Ft
04/12/2021 04/12/21 For Sale $429,000 0.0% $263 / Sq Ft
04/05/2021 04/05/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $429,000 -- $263 / 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 $7,605 $414,067 -- --
2024 $7,551 $402,398 -- --
2023 $7,551 $390,678 $239,753 $150,925
2022 $7,835 $361,626 $210,103 $151,523
2021 $5,805 $255,333 $149,782 $105,551
2020 $1,126 $122,588 $0 $0
2019 $1,108 $119,832 $0 $0
2018 $1,034 $115,247 $0 $0
2017 $1,042 $112,877 $0 $0
2016 $1,055 $110,556 $0 $0
2015 $1,074 $109,788 $0 $0
2014 $1,099 $108,917 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11019899

MIAMI REALTORS® MLS

APN: 01-4002-005-1380