NOT LISTED FOR SALE

7885 Sunset Dr Miami, FL 33143

Estimated Value: $3,631,000 - $4,667,000

2.28 Acres
$1,794,091 Price per Acre
99,317 Sq Ft Lot

Sale Details

Date Sold: January 4, 2016

Last sale price $1,625,000 $16 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $25,997 / mo

11 Days on Market

Highlights

  • 2.28 Acre Lot
  • No HOA
  • Fenced
  • South Miami Middle School Rated A-
  • Landscaped with Trees

About This Lot

As of January 2016

BELOW MARKET VALUE FOR FAST SELLING !!!

Last Agent to Sell the Property

Eduardo Garcia Flores

GF Real Estate License #3109911 Listed on: 10/17/2015

Last Buyer's Agent

Eduardo Garcia Flores

GF Real Estate License #3109911 Listed on: 10/17/2015

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $22,390

Year Built

  • Built in 1954

Lot Details

  • 2.28 Acre Lot
  • South Facing Home
  • Fenced
  • Landscaped with Trees
  • Property is zoned 23/ESTAT

Home Design

  • 99,317 Sq Ft Home

Additional Features

  • City Lot
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sunset Condos
  • Sunset Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-27-000-0550

Property Details

Property Type

Land

Est. Annual Taxes

$22,390

Year Built

Built in 1954

Lot Details

2.28 Acres

Listing Details

  • Property Type: Land/Boat Docks
  • Year Built: 1954
  • Property Sub Type: Residential
  • Horses: No
  • Lot Size Acres: 2.28
  • New Construction: No
  • Road Frontage Type: Legal Access Road
  • Structure Type: Residential
  • Subdivision Name: SUNSET
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Possible Use: Primary

Exterior Features

  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: City Location, 2 To Less Than 3 Acre Lot, Fenced, Other
  • Other Structures: Run Down
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SUNSET

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Utilities: Other Utilities Available, Cable Available, Electricity Available, Other, Trash Removal, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 30-40-27-000-0550
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Unrecorded Plat
  • Lot Size Sq Ft: 99317
  • Zoning: 23/ESTAT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 22390

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2015
Closed on
Jan 4, 2016
Sold by
Focavi Llc
Bought by
Cano Elio
Seller's Agent
Eduardo Garcia Flores
GF Real Estate
Buyer's Agent
Eduardo Garcia Flores
GF Real Estate
List Price
$1,750,000
Sold Price
$1,625,000
Premium/Discount to List
-$125,000
-7.14%
Current Estimated Value
$4,330,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,705,493
Avg. Annual Appreciation
9.40%
Original Mortgage
$830,000
Outstanding Balance
$660,117
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$3,430,410

Purchase Details

Listed on
Dec 20, 2013
Closed on
Feb 20, 2015
Sold by
Calafell Pedro N and Marrero Maria
Bought by
Focavi Llc
Seller's Agent
Julio Blanco
MMLS Assoc.-Inactive Member
Buyer's Agent
Eduardo Garcia Flores
GF Real Estate
List Price
$1,250,000
Sold Price
$1,312,500
Premium/Discount to List
$62,500
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
27.82%

Purchase Details

Closed on
May 31, 2006
Sold by
Hernandez Noel and Hernandez Celina
Bought by
Calafell Pedro N and Marrero Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
8.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 5, 2000
Sold by
Cesar and Delrey Alina Del
Bought by
Hernandez Noel and Hernandez Celina

Purchase Details

Closed on
Feb 27, 1997
Sold by
Suarez Samuel and Dominguez Alex
Bought by
Delrey Cesar and Del Rey Alina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$601,720
Interest Rate
7.91%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cano Elio $1,625,000 Secure Title & Trust Llc
Focavi Llc $1,312,500 C & C Title Agency Inc
Calafell Pedro N $2,400,000 Attorney
Hernandez Noel $940,000 --
Delrey Cesar $752,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cano Elio $830,000
Previous Owner Calafell Pedro N $1,920,000
Previous Owner Delrey Cesar $454,230
Previous Owner Delrey Cesar $200,000
Previous Owner Delrey Cesar $601,720
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/04/2016 01/04/16 Sold $1,625,000 0.0% $16 / Sq Ft
01/04/2016 01/04/16 Sold $1,625,000 -7.1% $202 / Sq Ft View Prior Sale
10/28/2015 10/28/15 Pending -- -- --
10/28/2015 10/28/15 Pending -- -- --
10/17/2015 10/17/15 For Sale $1,750,000 0.0% $18 / Sq Ft
08/05/2015 08/05/15 Price Changed $1,750,000 -11.9% $217 / Sq Ft
07/13/2015 07/13/15 Price Changed $1,987,000 -0.6% $247 / Sq Ft
05/19/2015 05/19/15 Price Changed $1,999,000 -12.7% $248 / Sq Ft
04/30/2015 04/30/15 For Sale $2,290,000 +74.5% $284 / Sq Ft
02/20/2015 02/20/15 Sold $1,312,500 +5.0% $163 / Sq Ft View Prior Sale
12/27/2013 12/27/13 Pending -- -- --
12/20/2013 12/20/13 For Sale $1,250,000 -- $155 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $34,546 $1,945,398 -- --
2024 $30,093 $1,768,544 -- --
2023 $30,093 $1,607,768 $0 $0
2022 $25,999 $1,461,608 $0 $0
2021 $23,877 $1,328,735 $796,400 $532,335
2020 $23,990 $1,331,273 $796,400 $534,873
2019 $23,587 $1,304,853 $767,440 $537,413
2018 $22,285 $1,263,952 $724,000 $539,952
2017 $23,909 $1,338,892 $0 $0
2016 $26,675 $1,466,367 $0 $0
2015 $24,523 $1,219,390 $0 $0
2014 -- $1,108,537 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Buyer's Agent in 2016

    Aryl Robison

    MMLS Assoc.-Inactive Member

    Section Image

  • J

    Seller's Agent in 2015

    Julio Blanco

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2190748

MIAMI REALTORS® MLS

APN: 30-4027-000-0550

Florida Miami/Dade County Miami 33143

7885 Sunset Dr, Miami, FL

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