NOT LISTED FOR SALE

7400 SW 109th Terrace Miami, FL 33156

Estimated Value: $1,811,000 - $2,053,000

4 Beds
2.5 Baths
2,242 Sq Ft
$856/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $1,135,000 $506 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $11,659/month

Highlights

  • In Ground Pool
  • Home fronts a canal
  • Circular Driveway
  • Palmetto Elementary School Rated A
  • No HOA
  • Screened Patio

About This Home

As of October 2022

UNFURNISHED OR FURNISHED! $9000 FURNISHED. Beautiful canal front home on a quiet street in Pinecrest. Excellent curb appeal. Kitchen with stainless steel appliances and granite countertops. Open floor plan with spacious living room, dining room and kitchen. Plenty of closets and storage. Screened pool patio with plenty of space for entertaining. Fenced yard with view of the gorgeous wide canal. School district has all "A" schools. Availabe for immediate occupancy. Please text listing agent. Pool and lawncare included!

Last Agent to Rent the Property

Ibrahim Kassem

LLV Realty LLC License #3324031 Listed on: 09/20/2022

Last Renter's Agent

Ibrahim Kassem

LLV Realty LLC License #3324031 Listed on: 09/20/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,750

Year Built

  • Built in 1968

Lot Details

  • 0.34 Acre Lot
  • Home fronts a canal
  • Property is zoned 2100

Interior Spaces

  • 2,242 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Canal Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • Circular Driveway
  • Open Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Fence Around Pool

Outdoor Features

  • Canal Width is 121 Feet or More
  • Screened Patio

Schools

  • Palmetto Elementary And Middle School
  • Miami Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Property Available on 10/3/22
  • Assessor Parcel Number 20-50-11-032-0020

Community Details

Overview

  • No Home Owners Association
  • Kendall Park Estates 2Nd Subdivision
  • Maintained Community

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,750

Year Built

Built in 1968

Lot Details

0

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2022-10-03

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1968
  • Property Sub Type: Single Family Residence
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: KENDALL PARK ESTATES 2ND
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Family Room, Utility Room/Laundry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Furnished: Unfurnished
  • Living Area: 2242
  • Living Room Features: Family Room, Screened Patio/Porch, Utility Room/Laundry

Exterior Features

  • View: Canal
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio, Screened Porch, Screened
  • Pool Features: In Ground, Private, Screen Enclosure
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Front, Canal Width 121 Feet Or More
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: KENDALL PARK ESTATES 2ND
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Lawn/Pool Maintenance

Schools

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

Lot Info

  • Parcel Number: 20-50-11-032-0020
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 15001
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Apr 1, 2021
Sold by
Fernandez David W and Pina Fernandez Alexis
Bought by
Kassem Hisham
Seller's Agent
Michael Martinez
One Sotheby's International Realty
Buyer's Agent
Ibrahim Kassem
LLV Realty LLC
List Price
$1,250,000
Sold Price
$1,135,000
Premium/Discount to List
-$115,000
-9.2%
Current Estimated Value
$1,844,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$709,046
Avg. Annual Appreciation
11.88%
Original Mortgage
$908,000
Outstanding Balance
$822,081
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,029,475

Purchase Details

Closed on
Dec 11, 2007
Sold by
Flannagan Properties Inc
Bought by
Fernandez David W and Pina Fernandez Alexis M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$565,000
Interest Rate
6.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 16, 2005
Sold by
August Lenore and August Leslie J
Bought by
Flannagan Properties Inc
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
Kassem Hisham $1,135,000 Attorney
Fernandez David W $707,000 Attorney
Flannagan Properties Inc $805,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kassem Hisham $908,000
Previous Owner Fernandez David W $565,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2022 10/27/22 Rented $8,700 +2.4% --
10/03/2022 10/03/22 Under Contract -- -- --
09/20/2022 09/20/22 For Rent $8,500 0.0% --
04/01/2021 04/01/21 Sold $1,135,000 -5.0% $506 / Sq Ft
02/21/2021 02/21/21 Pending -- -- --
02/02/2021 02/02/21 Price Changed $1,195,000 -2.4% $533 / Sq Ft
12/15/2020 12/15/20 Price Changed $1,225,000 -2.0% $546 / Sq Ft
08/31/2020 08/31/20 For Sale $1,250,000 -- $558 / 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 $18,750 $1,095,638 -- --
2024 $18,053 $1,064,760 -- --
2023 $18,053 $1,033,748 $0 $0
2022 $17,474 $1,003,639 $570,038 $433,601
2021 $13,459 $712,852 $495,033 $217,819
2020 $12,715 $669,717 $450,030 $219,687
2019 $12,812 $671,586 $450,030 $221,556
2018 $8,512 $487,557 $0 $0
2017 $8,284 $477,529 $0 $0
2016 $8,251 $467,708 $0 $0
2015 $8,350 $464,457 $0 $0
2014 $8,454 $460,771 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • I

    Landlord's Agent in 2022

    Ibrahim Kassem

    LLV Realty LLC

    (305) 775-7158

    2 in this area

    2 Total Sales

    Section Image
  • Michael Martinez

    Seller's Agent in 2021

    Michael Martinez

    One Sotheby's International Realty

    (305) 725-1696

    115 in this area

    201 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11275977

MIAMI REALTORS® MLS

APN: 20-5011-032-0020

Florida Miami/Dade County Miami 33156

7400 SW 109th Terrace, Miami, FL

This home is located at 7400 SW 109th Terrace, Miami, FL 33156 since 20 September 2022 and is currently priced at $1,918,906. This property was built in 1968. 7400 SW 109th Terrace is a home located in Miami-Dade County with nearby schools including Palmetto Elementary School, Palmetto Middle School, and Miami Palmetto 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.

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