NOT LISTED FOR SALE

7505 SW 118th St Miami, FL 33156

Estimated Value: $1,056,973 - $1,244,000

3 Beds
2 Baths
1,064 Sq Ft
$1,045/Sq Ft Est. Value

Last Sold September 02, 2022

Last sale price $900,000 $846 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $7,174/month

50 Days on Market

Highlights

  • RV or Boat Parking
  • Room in yard for a pool
  • Ranch Style House
  • Palmetto Elementary School Rated A
  • Soaking Tub in Primary Bathroom
  • Garden View

About This Home

As of September 2022

Location, Location, Location, Escape from most of the congestion of Miami. This house is located in an area of many multi-million dollar houses and is the lowest priced property in Pinecrest. All the good Palmetto schools are only a short walking distance. There are numerous restaurants and shopping within a mile, also many parks, including Pinecrest Botanical Garden nearby. Many fruit trees, mango, avocado, and nispero. This home is a blank slate. Waiting for your magic touch. Or if you like this beautiful land its truly a blank slate.

Last Agent to Sell the Property

Ileana Rodriguez P.A.

RE/MAX Advance Realty II License #0392092 Listed on: 07/13/2022

RE/MAX Advance Realty II

Last Buyer's Agent

Stephanie Penaranda

All in One International Realty, LLC. License #3367711

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,274

Year Built

  • Built in 1959

Lot Details

  • 0.37 Acre Lot
  • South Facing Home
  • Fenced
  • Property is zoned 2100

Parking

  • 2 Car Attached Garage
  • Driveway
  • Open Parking
  • RV or Boat Parking

Home Design

  • Ranch Style House
  • Composition Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,064 Sq Ft Home
  • Ceiling Fan
  • Sun or Florida Room
  • Utility Room in Garage
  • Laundry in Garage
  • Terrazzo Flooring
  • Garden Views
  • Electric Range
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Soaking Tub in Primary Bathroom
  • Bathtub

Outdoor Features

  • Room in yard for a pool
  • Patio

Schools

  • Palmetto Elementary And Middle School
  • Miami Palmetto High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • Andrews & Bigman Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-50-11-008-0310

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,274

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story, Ranch
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: ANDREWS & BIGMAN SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range
  • Interior Amenities: First Floor Entry, Attic, Florida Room, Utility/Laundry In Garage
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Terrazzo
  • Furnished: Unfurnished
  • Living Area: 1064
  • Possible Use: Investment
  • Bedroom Features: Master Bath Tub
  • Living Room Features: Attic, Florida Room, Utility/Laundry In Garage
  • Master Bathroom Features: Tub Only

Exterior Features

  • Roof: Composition Roll
  • View: Garden
  • Exterior Features: Fruit Trees, Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: ANDREWS & BIGMAN SUB
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Rv/Boat Parking, Slab/Strip

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: None
  • Heating Yn: No
  • Laundry Features: In Garage

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

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

Lot Info

  • Parcel Number: 20-50-11-008-0310
  • Lot Size Sq Ft: 16330
  • Zoning: 2100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3274

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2024
Sold by
Armel Investment Llc
Bought by
Sengezer Alparslan
Current Estimated Value
$1,111,743

Purchase Details

Listed on
Jul 13, 2022
Closed on
Aug 31, 2022
Sold by
Elsie Camesi Trust
Bought by
Armel Investment Llc
Seller's Agent
Ileana Rodriguez P.A.
RE/MAX Advance Realty II
Buyer's Agent
Stephanie Penaranda
All in One International Realty, LLC.
List Price
$900,000
Sold Price
$900,000
Views
5

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$540,000
Interest Rate
4.99%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 27, 2017
Sold by
Camesi Elsie
Bought by
Brewster Cathryn Lynn and Elsie Camesi Trust
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
Sengezer Alparslan $1,050,000 None Listed On Document
Armel Investment Llc $900,000 --
Armel Investment Llc $900,000 None Listed On Document
Brewster Cathryn Lynn -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Armel Investment Llc $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2022 09/02/22 Sold $900,000 +2.9% $846 / Sq Ft
08/13/2022 08/13/22 Price Changed $875,000 -2.8% $822 / Sq Ft
07/13/2022 07/13/22 For Sale $900,000 -- $846 / 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 $15,088 $820,776 $673,612 $147,164
2024 $13,558 $810,025 -- --
2023 $13,558 $736,387 $589,100 $147,287
2022 $3,314 $193,782 $0 $0
2021 $3,274 $188,138 $0 $0
2020 $3,236 $185,541 $0 $0
2019 $3,172 $181,370 $0 $0
2018 $3,022 $177,989 $0 $0
2017 $2,862 $174,329 $0 $0
2016 $2,827 $170,744 $0 $0
2015 $2,857 $169,558 $0 $0
2014 $2,887 $168,213 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11240784

MIAMI REALTORS® MLS

APN: 20-5011-008-0310