NOT LISTED FOR SALE

7440 SW 59th Place Unit 401 South Miami, FL 33143

Estimated Value: $629,000 - $1,252,000

3 Beds
2.5 Baths
1,620 Sq Ft
$600/mo HOA Fee

Last Sold March 15, 2018

Last sale price $541,000 $334 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,036/month

52 Days on Market

Highlights

  • Vaulted Ceiling
  • Roman Tub
  • Main Floor Primary Bedroom
  • South Miami Middle School Rated A-
  • Marble Flooring
  • Garden View

About This Home

As of March 2018

59 SUNSET PLACE IS A WONDERFUL BOUTIQUE BUILDING IN THE HEART OF THE HIGHLY-SOUGHT AFTER SOUTH MIAMI NEIGHBORHOOD. FLOODED WITH LIGHT, THIS 3 BEDROOM, 2.5 BATH DOES NOT DISAPPOINT. TOTALLY UPGRADED WITH HIGH-END FINISHES AND EQUIPMENT, 9 FOOT CEILINGS, STAINLESS STEEL APPLIANCES, GRANITE COUNTER TOPS, MARBLE FLOORS THROUGHOUT, IMPACT WINDOWS, BUILT-OUT CLOSETS IN EACH ROOM. MASTER HAS IT'S OWN BALCONY, 2 CLOSETS AND SPACIOUS BATH WITH DUAL SINKS. 2 COVERED PARKING SPACES IN THE SECURE, GATED PARKING AREA. ONLY 2 UNITS PER FLOOR! CLOSE PROXIMITY TO ALL THAT SOUTH MIAMI HAS TO OFFER; RESTAURANTS, SHOPS, MOVIE THEATER. FABULOUS!

Last Agent to Sell the Property

Monica Betancourt

Coldwell Banker Realty License #3126969 Listed on: 12/29/2017

Coldwell Banker Realty

Last Buyer's Agent

Jonathan Coto

MMLS Assoc.-Inactive Member License #3355908

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,910

Year Built

  • Built in 2005 | Remodeled

Lot Details

  • End Unit
  • East Facing Home

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Secured Garage or Parking

Home Design

  • Entry on the 4th floor
  • Composition Shingle

Interior Spaces

  • 1,620 Sq Ft Home
  • 4-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Family or Dining Combination
  • Marble Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Closet Cabinetry
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Additional Features

  • Balcony
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 09-40-36-087-0040

Community Details

Overview

  • Low-Rise Condominium
  • Sunset Place Condo
  • 59 Sunset Place Condo Subdivision

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Secure Elevator
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,910

Year Built

Built in 2005 | Remodeled

Lot Details

0

HOA Fees

$600 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: TAKE SUNSET DRIVE TO SW 58 AVE. SOUTH TO SW 76 ST.WEST TO 59 PLACE.
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: 59 SUNSET PLACE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Closet Cabinetry, Entrance Foyer, Pantry, Roman Tub, Volume Ceilings, Utility Room/Laundry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1620
  • Possible Use: Secondary
  • Stories: 4
  • Window Features: Blinds, Impact Glass, Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
  • Dining Room Features: Family/Dining Combination, Snack Bar/Counter
  • Living Room Features: Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Garden View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: Composition Shingle
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Park Building Name: Sunset Place Condo
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Covered

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Elevator Secure, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 600
  • Amenities: Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 09-40-36-087-0040
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6910

Multi Family

  • Maintenance Expense: 600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2017
Closed on
Mar 14, 2018
Sold by
Martinez Armando and Martinez Tania A Mazza
Bought by
Miranda Martha Rodriguez
Seller's Agent
Monica Betancourt
Coldwell Banker Realty
Buyer's Agent
Jonathan Coto
MMLS Assoc.-Inactive Member
List Price
$599,000
Sold Price
$541,000
Premium/Discount to List
-$58,000
-9.68%
Current Estimated Value
$866,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$325,279
Avg. Annual Appreciation
6.33%

Purchase Details

Listed on
Jul 8, 2015
Closed on
Sep 25, 2015
Sold by
Prendes Alvarez Stefania and Alvarez Christopher
Bought by
Martinez Armando and Martinez Tania A Mazza
Seller's Agent
Susan Heatley
MMLS Assoc.-Inactive Member
Buyer's Agent
Judy Wolf-Seigel
Coldwell Banker Realty
List Price
$549,000
Sold Price
$490,000
Premium/Discount to List
-$59,000
-10.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Original Mortgage
$190,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2011
Sold by
Prendes George and Prendes Beatriz
Bought by
Prendes Stefania and Alvarez Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2004
Sold by
Fll Sunset Development Llc
Bought by
Prendes George and Prendes Beatriz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
5.46%
Mortgage Type
Credit Line Revolving
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
Miranda Martha Rodriguez $541,000 San Carlos Title Services In
Martinez Armando $490,000 Attorney
Prendes Stefania $75,000 Attorney
Prendes George $379,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Armando $190,000
Previous Owner Prendes Stefania $75,000
Previous Owner Prendes George $249,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2018 03/15/18 Sold $541,000 -1.5% $334 / Sq Ft
02/19/2018 02/19/18 Pending -- -- --
01/31/2018 01/31/18 Price Changed $549,000 -8.3% $339 / Sq Ft
12/29/2017 12/29/17 For Sale $599,000 +22.2% $370 / Sq Ft
09/25/2015 09/25/15 Sold $490,000 -10.7% $302 / Sq Ft View Prior Sale
08/06/2015 08/06/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $549,000 -- $339 / 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 $10,552 $594,864 -- --
2024 $10,309 $594,864 -- --
2023 $10,309 $513,216 $0 $0
2022 $8,967 $466,560 $0 $0
2021 $8,670 $432,000 $0 $0
2020 $8,693 $432,000 $0 $0
2019 $8,713 $432,000 $0 $0
2018 $8,327 $422,000 $0 $0
2017 $7,199 $403,263 $0 $0
2016 $7,342 $403,263 $0 $0
2015 $6,997 $312,939 $0 $0
2014 $6,000 $284,490 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Monica Betancourt

    Seller's Agent in 2018

    Monica Betancourt

    Coldwell Banker Realty

    (305) 632-7248

    8 in this area

    118 Total Sales

    Monica Betancourt
    Section Image

  • J

    Buyer's Agent in 2018

    Jonathan Coto

    MMLS Assoc.-Inactive Member

    Section Image

  • S

    Seller's Agent in 2015

    Susan Heatley

    MMLS Assoc.-Inactive Member

  • J

    Seller Co-Listing Agent in 2015

    James Heatley

    BHHS EWM Realty

    (305) 962-4689

    2 in this area

    6 Total Sales

    James Heatley
    Section Image
  • Judy Wolf-Seigel

    Buyer's Agent in 2015

    Judy Wolf-Seigel

    Coldwell Banker Realty

    (954) 249-9115

    48 Total Sales

    Judy Wolf-Seigel
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10392996

MIAMI REALTORS® MLS

APN: 09-4036-087-0040

Florida Miami/Dade County South Miami 33143

7440 SW 59th Place Unit 401, South Miami, FL

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