NOT LISTED FOR SALE

8240 SW 43rd St Miami, FL 33155

Olympia Heights Neighborhood

Estimated Value: $845,000 - $1,766,000

4 Beds
3 Baths
3,914 Sq Ft
$310/Sq Ft Est. Value

Last Sold January 22, 2021

Last sale price $570,000 $146 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $7,460/month

7 Days on Market

Highlights

  • Guest House
  • Room in yard for a pool
  • No HOA
  • Emerson Elementary School Rated A-
  • Sun or Florida Room
  • Breakfast Area or Nook

About This Home

As of January 2021

EXCELLENT OPPORTUNITY TO OWN THIS ONE STORY SINGLE FAMILY HOME IN THE DESIRABLE AREA OF TROPICAL PARK & CUSTOMIZE IT TO YOUR LIKING! THIS HOME FEATURES 4 BEDROOMS 3 BATHS PLUS AN EFFICIENCY THAT INCLUDES 1 BEDROOM/1 BATH TOTALING 5 BEDROOMS 4 BATHS. SPACIOUS LAYOUT OFFERS 3,914 SQ FT OF LIVING AREA. SPACIOUS BEDROOMS WITH WALK-IN CLOSETS. ACCORDION SHUTTERS, NEW AC UNIT, SPACIOUS LOT WITH SPACE TO BUILD A POOL. SMALL GUEST HOUSE WAS BUILT BY THE OWNER WITH PERMITS & CAN BE USED FOR STORAGE/OFFICE SPACE OR IN-LAWS QTR. GATED PAVED DRIVEWAY. CONVENIENTLY LOCATED NEXT TO TROPICAL PARK, SHOPPING MALLS, MAJOR HIGHWAYS & GREAT SCHOOLS! NO HOA!

Last Agent to Sell the Property

Michelle Suegart

Compass Florida, LLC License #3353956 Listed on: 11/12/2020

Compass Florida, LLC

Last Buyer's Agent

Roy Hurtado

Royal Experience Realty Group License #3409684

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,000

Year Built

  • Built in 1982

Lot Details

  • 10,500 Sq Ft Lot
  • North Facing Home
  • Property is zoned 0100

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,914 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Storage Room
  • Complete Accordion Shutters
  • Property Views

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Jetted Tub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Driveway
  • Open Parking

Outdoor Features

  • Room in yard for a pool
  • Screened Balcony

Additional Homes

  • Guest House

Schools

  • Emerson Elementary School
  • Glades Middle School
  • Southwest Miami High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Tropical Trade Wind Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-22-023-0040

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,000

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1982
  • 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: TROPICAL TRADE WIND
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Walk-In Closet(s), Family Room, Florida Room, Storage
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Carpet, Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 3914
  • Possible Use: Unknown/Withheld
  • Window Features: Complete Accordian Shutters, Hurricane Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Family Room, Florida Room, Guest House, Storage Room
  • Master Bathroom Features: Combination Tub & Shower, Dual Sinks, Shower Only

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Other
  • Exterior Features: Room For Pool, Screened Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Guest House
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: TROPICAL TRADE WIND
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Emerson
  • High School: Southwest Miami
  • Middle Or Junior School: Glades

Lot Info

  • Parcel Number: 30-40-22-023-0040
  • Lot Size Sq Ft: 10500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2020
Closed on
Jan 15, 2021
Sold by
Pena Florencio L and Pena Estela R
Bought by
Garcia Elvis and Ballester Dignora O
Seller's Agent
Michelle Suegart
Compass Florida, LLC
Buyer's Agent
Roy Hurtado
Royal Experience Realty Group
List Price
$550,000
Sold Price
$570,000
Premium/Discount to List
$20,000
3.64%
Current Estimated Value
$1,214,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$644,242
Avg. Annual Appreciation
17.18%
Original Mortgage
$505,800
Outstanding Balance
$451,349
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$762,893

Purchase Details

Closed on
Apr 22, 2014
Sold by
Pena Florencio and Pena Estela
Bought by
Pena Florencio L and Pena Estela R
Source: Public Records

Range of Values:

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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
Garcia Elvis $570,000 Precision Home Tite
Garcia Elvis $570,000 Precision Home Title
Pena Florencio L -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Elvis $505,800
Closed Garcia Elvis $505,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/22/2021 01/22/21 Sold $570,000 +3.6% $146 / Sq Ft
11/19/2020 11/19/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $550,000 -- $141 / 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 $13,245 $740,192 $396,000 $344,192
2024 $11,824 $716,497 -- --
2023 $11,824 $651,361 $0 $0
2022 $10,635 $592,147 $243,000 $349,147
2021 $8,901 $476,267 $225,000 $251,267
2020 $4,087 $242,175 $0 $0
2019 $4,000 $236,731 $0 $0
2018 $3,811 $232,317 $0 $0
2017 $3,344 $203,407 $0 $0
2016 $3,322 $199,224 $0 $0
2015 $3,350 $197,840 $0 $0
2014 $3,393 $196,270 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michelle Suegart

    Compass Florida, LLC

    (786) 863-6330

    1 in this area

    84 Total Sales

    Michelle Suegart
    Section Image
  • Roy Hurtado

    Buyer's Agent in 2021

    Roy Hurtado

    Royal Experience Realty Group

    (786) 236-2416

    1 in this area

    143 Total Sales

    Roy Hurtado
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10955575

MIAMI REALTORS® MLS

APN: 30-4022-023-0040

Florida Miami/Dade County Miami 33155 Olympia Heights

8240 SW 43rd St, Miami, FL

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