NOT LISTED FOR SALE

8400 SW 40th Terrace Miami, FL 33155

Olympia Heights Neighborhood

Estimated Value: $753,000 - $1,091,000

5 Beds
3 Baths
2,646 Sq Ft
$339/Sq Ft Est. Value

Last Sold July 30, 2015

Last sale price $390,000 $147 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $5,285/month

7 Days on Market

Highlights

  • Guest House
  • Room in yard for a pool
  • Sun or Florida Room
  • Banyan Elementary School Rated 9+
  • Wood Flooring
  • No HOA

About This Home

As of July 2015

Spectacular location! Walking distance to Tropical Park, shopping and restaurants. Family home sitting on a huge lot. Features 4 bedrooms, 2 bathrooms in the main house and garage has been converted into a guest/in-law quarter, or efficiency with a privat e entrance and great income potential. Formal living and dining, family room and large kitchen. One fully remodeled bathroom. Seller is motivated, home valued in the low-mid $400s, listed below market for a quick sale. See broker remarks for showings.

Last Agent to Sell the Property

Laura Irizarry

Silver Tower Realty License #3201156 Listed on: 07/01/2015

Co-Listed By

Rolando Soler

Golden Tower Realty Group LLC License #3027910

Last Buyer's Agent

Elsa Cristobal

Keller Williams Realty Premier Properties License #3174476

Keller Williams Realty Premier Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,676

Year Built

  • Built in 1979

Lot Details

  • 0.29 Acre Lot
  • North Facing Home
  • Property is zoned 10/S FM

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,646 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Sun or Florida Room
  • Storage Room
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • Covered Parking
  • Circular Driveway
  • Open Parking

Outdoor Features

  • Room in yard for a pool
  • Patio
  • Shed

Additional Homes

  • Guest House

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Orfe Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-22-029-0010

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,676

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1979
  • 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: ORFE SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Family Room, Florida Room, Storage, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Carpet, Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 2646
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Ground Level
  • Living Room Features: Family Room, Florida Room, Guest House, Storage Room, Utility Room/Laundry

Exterior Features

  • Roof: Barrel Roof
  • View: None
  • Exterior Features: Fruit Trees, Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Extra Building/Shed, Guest House
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ORFE SUB
  • Open Parking: Yes
  • Parking Features: Covered, Driveway, Circular Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Washer/Dryer Hook-Up
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-40-22-029-0010
  • Lot Size Sq Ft: 12848
  • Zoning: 10/S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 4676

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2015
Closed on
Jul 28, 2015
Sold by
Cifuentes Eduardo and Cifuentes Kristy Lelane
Bought by
Dagnesses Renzo
Seller's Agent
Laura Irizarry
Silver Tower Realty
Buyer's Agent
Elsa Cristobal
Keller Williams Realty Premier Properties
List Price
$399,900
Sold Price
$390,000
Premium/Discount to List
-$9,900
-2.48%
Current Estimated Value
$896,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$506,488
Avg. Annual Appreciation
8.46%

Purchase Details

Closed on
Jun 11, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Cifuentes Eduardo and Cifuentes Jose Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,548
Interest Rate
4.88%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 21, 2008
Sold by
Pierina Montano Llc
Bought by
Deutsche Bank Natioal Trust Co

Purchase Details

Closed on
Apr 30, 2007
Sold by
Montano Pierina
Bought by
Corporation Pierina Montano Llc

Purchase Details

Closed on
Jan 10, 2006
Sold by
Garcia Luis A and Garcia Isabel
Bought by
Montano Pierina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,800
Interest Rate
8.25%
Mortgage Type
Stand Alone First
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
Dagnesses Renzo $390,000 Attorney
Cifuentes Eduardo $301,000 North American Title Company
Deutsche Bank Natioal Trust Co -- None Available
Corporation Pierina Montano Llc -- None Available
Montano Pierina $529,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cifuentes Eduardo $295,548
Previous Owner Montano Pierina $412,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2015 07/30/15 Sold $390,000 -2.5% $147 / Sq Ft
07/08/2015 07/08/15 Pending -- -- --
06/30/2015 06/30/15 For Sale $399,900 -- $151 / 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 $7,099 $426,221 -- --
2024 $6,784 $414,209 -- --
2023 $6,784 $402,145 $0 $0
2022 $6,540 $390,433 $0 $0
2021 $6,513 $379,062 $0 $0
2020 $6,440 $373,829 $0 $0
2019 $6,308 $365,425 $213,654 $151,771
2018 $4,327 $260,497 $0 $0
2017 $4,267 $255,140 $0 $0
2016 $6,574 $339,707 $0 $0
2015 $4,613 $265,917 $0 $0
2014 $4,676 $263,807 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2015

    Laura Irizarry

    Silver Tower Realty

    (305) 702-7988

    10 Total Sales

    Laura Irizarry
    Section Image
  • Rolando Soler

    Seller Co-Listing Agent in 2015

    Rolando Soler

    Golden Tower Realty Group LLC

    (786) 346-0037

    76 Total Sales

    Rolando Soler
    Section Image
  • Elsa Cristobal

    Buyer's Agent in 2015

    Elsa Cristobal

    Keller Williams Realty Premier Properties

    (305) 793-8476

    1 in this area

    88 Total Sales

    Elsa Cristobal
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2138901

MIAMI REALTORS® MLS

APN: 30-4022-029-0010

Florida Miami/Dade County Miami 33155 Olympia Heights

8400 SW 40th Terrace, Miami, FL

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