NOT LISTED FOR SALE

8625 SW 45th St Miami, FL 33155

Olympia Heights Neighborhood

Estimated Value: $741,000 - $935,000

4 Beds
3 Baths
1,887 Sq Ft
$432/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $678,000 $359 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $5,280/month

42 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • In-Law or Guest Suite
  • Southwest Miami Senior High School Rated A-
  • Den
  • Patio

About This Home

As of October 2023

Incredible 4 bedroom, 3 bathroom in Olympia Heights! This home has everything a family can need including a large living area, dining room, patio, yard, and space! Two of the bedrooms can be accessed from the side of the house, (in-law quarters) with possible income. No associations, Flood Zone X, near La Carreta, Southwest High School, Expressways, and Tropical Park!

Come see this Olympia Heights Home!

Last Agent to Sell the Property

Jose Vilar

EXP Realty LLC License #3441237 Listed on: 08/31/2023

EXP Realty LLC

Last Buyer's Agent

Rosilyn Leon

Miami Premier Realty License #3516579

Miami Premier Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,023

Year Built

  • Built in 1959

Lot Details

  • 7,500 Sq Ft Lot
  • South Facing Home
  • Property is zoned 0100

Home Design

  • Ranch Style House
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,887 Sq Ft Home
  • Partially Furnished
  • Den
  • Microwave
  • Washer

Flooring

  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Parking

  • 7 Carport Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • Patio
  • Shed

Schools

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

Utilities

  • Central Air
  • No Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • Lakeview Plaza 1St Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-22-015-0070

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,023

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story, Ranch
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: LAKEVIEW PLAZA 1ST ADDN
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Den/Library/Office, Separate Guest/In-Law Quarters
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Terrazzo, Tile
  • Furnished: Partially Furnished
  • Living Area: 1887
  • Possible Use: Primary
  • Window Features: Hurricane Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Living Room Features: Den/Library/Office, Separate Guest/In-Law Quarters

Exterior Features

  • Roof: Shingle
  • View: None
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAKEVIEW PLAZA 1ST ADDN
  • Carport Spaces: 7
  • Covered Parking Spaces: 7
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Laundry Features: Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

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

Lot Info

  • Parcel Number: 30-40-22-015-0070
  • Lot Size Sq Ft: 7500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Oct 13, 2023
Sold by
Rentas Gladiela
Bought by
Vergara Jaime Alejandro
Seller's Agent
Jose Vilar
EXP Realty LLC
Buyer's Agent
Rosilyn Leon
Miami Premier Realty
List Price
$750,000
Sold Price
$678,000
Premium/Discount to List
-$72,000
-9.6%
Views
361
Current Estimated Value
$814,390

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,390
Avg. Annual Appreciation
10.60%
Original Mortgage
$576,300
Outstanding Balance
$566,132
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$248,258

Purchase Details

Closed on
Sep 8, 2006
Sold by
Rentas Luis
Bought by
Rentas Luis and Rentas Gladiela

Purchase Details

Closed on
Jan 29, 2004
Sold by
Alvarez Ernesto C and Alvarez Ernesto
Bought by
Rentas Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,000
Interest Rate
5.85%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 10, 1994
Sold by
Alvarez Ernesto and Alvarez Susana
Bought by
Alvarez Ernesto
Source: Public Records

Range of Values:

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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
Vergara Jaime Alejandro $678,000 Coastal Title
Rentas Luis -- None Available
Rentas Luis $196,300 Express Title Svcs Group Inc
Alvarez Ernesto -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vergara Jaime Alejandro $576,300
Previous Owner Rentas Luis $544,185
Previous Owner Rentas Luis $544,185
Previous Owner Rentas Luis $157,000
Previous Owner Alvarez Ernesto $63,309
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $678,000 -9.6% $359 / Sq Ft
08/31/2023 08/31/23 For Sale $750,000 -- $397 / 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 $10,114 $534,673 $330,000 $204,673
2024 $3,180 $553,611 $326,250 $227,361
2023 $3,180 $220,730 $0 $0
2022 $3,023 $214,301 $0 $0
2021 $2,983 $208,060 $0 $0
2020 $2,945 $205,188 $0 $0
2019 $2,871 $200,575 $0 $0
2018 $2,711 $196,836 $0 $0
2017 $2,409 $177,710 $0 $0
2016 $2,386 $174,055 $0 $0
2015 $2,406 $172,846 $0 $0
2014 $2,442 $171,475 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    Jose Vilar

    EXP Realty LLC

    (786) 925-5924

    4 in this area

    28 Total Sales

    Section Image

  • R

    Buyer's Agent in 2023

    Rosilyn Leon

    Miami Premier Realty

    (786) 268-1961

    1 in this area

    11 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11444715

MIAMI REALTORS® MLS

APN: 30-4022-015-0070

Florida Miami/Dade County Miami 33155 Olympia Heights

8625 SW 45th St, Miami, FL

This home is located at 8625 SW 45th St, Miami, FL 33155 since 31 August 2023 and is currently estimated at $814,390, approximately $431 per square foot. This property was built in 1959. 8625 SW 45th St is a home located in Miami-Dade County with nearby schools including Banyan Elementary School, Glades Middle School, and Southwest Miami Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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