NOT LISTED FOR SALE

7480 SW 38th St Miami, FL 33155

Coral Terrace Neighborhood

Estimated Value: $615,000 - $662,000

3 Beds
1 Bath
1,780 Sq Ft
$365/Sq Ft Est. Value

Last Sold August 31, 2020

Last sale price $254,000 $143 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $4,018/month

35 Days on Market

Highlights

  • Garden View
  • No HOA
  • 1-Story Property
  • Emerson Elementary School Rated A-
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of August 2020

single family 3/1, no garage, quiet street, fenced yard. House is approx 1445 sq ft , with additions made in 1992 with no permits. Check with county records for violations. CU states back of house does not comply with set backs requirement,House divided into 3 individual illegal units, needs to return to original layout per county.All inspections and research to be done prior to submitting offer. CASH only offers. See CU attached before submitting offers

Last Agent to Sell the Property

Mark Tenzer

MMLS Assoc.-Inactive Member License #0087984 Listed on: 02/14/2020

Last Buyer's Agent

Mark Tenzer

MMLS Assoc.-Inactive Member License #0087984 Listed on: 02/14/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,129

Year Built

  • Built in 1954

Lot Details

  • 5,000 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,780 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Garden Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Open Parking

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Central Miami Part 6 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-14-008-3471

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,129

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: CENTRAL MIAMI PART 6
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Interior Amenities: First Floor Entry, No Additional Rooms
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1780
  • Other Equipment: No Equipment
  • Possible Use: Investment
  • Bedroom Features: Entry Level
  • Living Room Features: No Additional Rooms

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Handyman Special
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: CENTRAL MIAMI PART 6
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-40-14-008-3471
  • Lot Size Sq Ft: 5000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4129

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2021
Sold by
Demarchena Julie
Bought by
George Andrew and George Tanya M
Current Estimated Value
$650,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Outstanding Balance
$388,730
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$261,344

Purchase Details

Closed on
Mar 19, 2020
Sold by
Pmc Reo Financing Trust
Bought by
Demarchena Julie

Purchase Details

Closed on
Dec 14, 2018
Sold by
Pennymac Holdings Llc
Bought by
Pmc Reo Financing Trust

Purchase Details

Closed on
Jun 8, 2018
Sold by
Rolando Reyes
Bought by
Pennymac Holdings Llc

Purchase Details

Closed on
Jan 5, 2010
Sold by
Reyes Rolando and Lopez Mercedes
Bought by
Ruiz Julio

Purchase Details

Closed on
Dec 11, 2007
Sold by
Reyes Rolando and Lopez Mercedes
Bought by
Reyes Rolando and Lopez Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
6.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2006
Sold by
Gonzalez Gardenia
Bought by
Reyes Rolando and Lopez Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,300
Interest Rate
6.48%
Mortgage Type
Unknown
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
George Andrew $450,000 Attorney
Demarchena Julie $254,000 None Available
Pmc Reo Financing Trust -- First International Title In
Pennymac Holdings Llc $243,200 None Available
Ruiz Julio -- None Available
Reyes Rolando -- Choice Title Of South Fl Inc
Reyes Rolando $358,000 Peninsula Title Corp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open George Andrew $427,500
Previous Owner Reyes Rolando $348,000
Previous Owner Reyes Rolando $304,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2020 08/31/20 Sold $254,000 -13.9% $143 / Sq Ft
03/17/2020 03/17/20 Pending -- -- --
02/11/2020 02/11/20 For Sale $295,000 -- $166 / 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 $7,382 $445,721 -- --
2024 $7,059 $433,160 -- --
2023 $7,059 $420,544 $0 $0
2022 $7,176 $430,015 $172,490 $257,525
2021 $4,147 $206,596 $144,840 $61,756
2020 $5,178 $264,360 $142,220 $122,140
2019 $4,612 $231,962 $129,291 $102,671
2018 $4,129 $225,876 $123,114 $102,762
2017 $3,953 $183,300 $0 $0
2016 $3,756 $166,637 $0 $0
2015 $3,452 $151,489 $0 $0
2014 -- $137,718 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2020

    Mark Tenzer

    MMLS Assoc.-Inactive Member

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10816369

MIAMI REALTORS® MLS

APN: 30-4014-008-3471

Florida Miami/Dade County Miami 33155 Coral Terrace

7480 SW 38th St, Miami, FL

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