NOT LISTED FOR SALE

7540 SW 56th Ct Unit A Miami, FL 33143

South Miami-Kendall Neighborhood

Estimated Value: $2,185,000 - $2,294,000

3 Beds
4 Baths
3,104 Sq Ft
2,265 Sq Ft Lot

Last Sold May 04, 2020

Last sale price $1,250,000 $403 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $13,189/month

315 Days on Market

Highlights

  • Sitting Area In Primary Bedroom
  • Recreation Room
  • End Unit
  • Sunset Elementary School Rated A
  • Marble Flooring
  • Den

About This Home

As of May 2020

The townhomes at Oak Lane! Luxurious living in the heart of South Miami! "A" corner unit. The most spacious unit 3/4. Marble floors throughout. Basement entertainment area. Top of the line Wolf gas stone. Sub Zero refrigerator, outside summer kitchen. Basement parking for 4 cars. Impact windows, elevator, gas generator. Great for entertaining.

Last Agent to Sell the Property

Mercedes Hernandez

Coldwell Banker Realty License #0119401 Listed on: 05/30/2019

Coldwell Banker Realty

Last Buyer's Agent

Michelle Trca

Captivating Properties LLC License #621208

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,182

Year Built

  • Built in 2011

Lot Details

  • End Unit
  • South Facing Home
  • Fenced

Parking

  • 4 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Villa

Interior Spaces

  • 3,104 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Recreation Room
  • Security System Owned
  • Washer
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Built-In Self-Cleaning Oven
  • Gas Range
  • Microwave

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • 4 Full Bathrooms
  • Bidet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Schools

  • Sunset Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 30-41-31-053-0350

Community Details

Overview

  • Property has a Home Owners Association
  • Club Membership Required
  • Oak Lane Condos
  • Oak Lane Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

  • Maintenance Expense $2,659

Security

  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,182

Year Built

Built in 2011

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 2011
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Multi Level
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Villa Fee Simple, Condo
  • Subdivision Name: OAK LANE
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Elevator, Fire Sprinklers, Den/Library/Office, Family Room, Recreation Room
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 3104
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Window Features: High Impact Windows
  • Bedroom Features: Sitting Area - Master Bedroom, Master Bedroom Upstairs
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Den/Library/Office, Family Room, Recreation Room
  • Master Bathroom Features: Bidet, Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Other View
  • Direction Faces: South
  • Fencing: Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: OAK LANE
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Owned Burglar Alarm, Smoke Detector, Complex Fenced, Fire Alarm, Burglar Alarm

Condo/Co-op/Association

  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Sunset
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 30-41-31-053-0350
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Maintenance Expense: 2659

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 17182

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2022
Sold by
Hart Katherine L
Bought by
Valdes Rafael J and Valdes Juana D
Current Estimated Value
$2,244,227

Purchase Details

Listed on
May 30, 2019
Closed on
Apr 20, 2020
Sold by
Ilusion Corp
Bought by
Hart Katherine L
Seller's Agent
Mercedes Hernandez
Coldwell Banker Realty
Buyer's Agent
Michelle Trca
Captivating Properties LLC
List Price
$1,499,000
Sold Price
$1,250,000
Premium/Discount to List
-$249,000
-16.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.33%
Original Mortgage
$510,000
Interest Rate
3.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 4, 2011
Sold by
Oaklane 5700 Llc
Bought by
Ilusion Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.81%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 18, 2010
Sold by
5700 Dev Llc
Bought by
Oaklane 5700 Llc
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
Valdes Rafael J $1,750,000 Michelle G Trca Pa
Valdes Rafael J $1,750,000 None Listed On Document
Hart Katherine L $1,250,000 Attorney
Ilusion Corp $900,000 Attorney
Oaklane 5700 Llc $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hart Katherine L $510,000
Previous Owner Ilusion Corp $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/04/2020 05/04/20 Sold $1,250,000 -7.4% $403 / Sq Ft
02/14/2020 02/14/20 Price Changed $1,350,000 +4.2% $435 / Sq Ft
01/22/2020 01/22/20 Price Changed $1,295,000 -7.4% $417 / Sq Ft
10/29/2019 10/29/19 Price Changed $1,399,000 -6.7% $451 / Sq Ft
05/30/2019 05/30/19 For Sale $1,499,000 -- $483 / 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 $16,624 $1,046,621 -- --
2024 $18,514 $1,017,125 -- --
2023 $18,514 $987,500 $0 $0
2022 $24,317 $1,421,400 $0 $0
2021 $13,069 $1,045,200 $0 $0
2020 $18,527 $1,045,200 $0 $0
2019 $17,692 $995,200 $0 $0
2018 $17,182 $995,200 $0 $0
2017 $20,572 $1,173,811 $0 $0
2016 $21,166 $1,144,168 $0 $0
2015 $20,480 $1,040,153 $0 $0
2014 $18,668 $945,594 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mercedes Hernandez

    Seller's Agent in 2020

    Mercedes Hernandez

    Coldwell Banker Realty

    (305) 609-4602

    16 Total Sales

    Mercedes Hernandez
    Section Image

  • M

    Buyer's Agent in 2020

    Michelle Trca

    Captivating Properties LLC

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10682151

MIAMI REALTORS® MLS

APN: 30-4131-053-0350

Florida Miami/Dade County Miami 33143 South Miami-Kendall

7540 SW 56th Ct Unit A, Miami, FL

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