NOT LISTED FOR SALE

7540 SW 61st Ave South Miami, FL 33143

Estimated Value: $3,204,591

-- Bed
-- Bath
7,174 Sq Ft
$447/Sq Ft Est. Value

About This Home

This home is located at 7540 SW 61st Ave, South Miami, FL 33143 and is currently estimated at $3,204,591, approximately $446 per square foot. 7540 SW 61st Ave is a home located in Miami-Dade County with nearby schools including Ludlam Elementary School, South Miami Middle School, and South Miami Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2019
Sold by
Zimmerman Leonard and Zager Mark
Bought by
Somi Med Re Llc
Current Estimated Value
$3,204,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,137,500
Outstanding Balance
$996,064
Interest Rate
3.9%
Mortgage Type
Commercial
Estimated Equity
$2,208,527
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Somi Med Re Llc $1,675,000 First International Ttl Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Somi Med Re Llc $1,137,500
Source: Public Records

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 $31,070 $1,578,280 -- --
2024 $26,566 $1,459,909 -- --
2023 $26,566 $1,327,190 $972,800 $354,390
2022 $26,271 $1,358,250 $0 $0
2021 $26,926 $1,341,538 $0 $0
2020 $27,323 $1,363,101 $972,800 $390,301
2019 $23,813 $1,185,000 $972,800 $212,200
2018 $23,290 $1,185,000 $790,400 $394,600
2017 $23,561 $1,185,000 $0 $0
2016 $22,695 $1,120,000 $0 $0
2015 $23,105 $1,120,000 $0 $0
2014 $23,895 $1,133,026 $0 $0
Source: Public Records

Map

Florida Miami/Dade County South Miami 33143

7540 SW 61st Ave, South Miami, FL

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