NOT LISTED FOR SALE

8940 SW 38th St Miami, FL 33165

Estimated Value: $604,000 - $674,000

3 Beds
2 Baths
1,500 Sq Ft
$426/Sq Ft Est. Value

Last Sold December 06, 2016

Last sale price $273,000 $182 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $3,999/month

Highlights

  • Senior Community
  • Formal Dining Room
  • Ceramic Tile Flooring
  • No HOA
  • Laundry Room
  • Awning

About This Home

As of January 2017

MUST HAVE DEPOSITS SECURITY PLUS FIRST MONTH RENT.
POLICE REPORT AND CREDIT REPORT

Last Agent to Rent the Property

Zully Ruiz

Zully Ruiz Enterprises, Inc. License #0076011 Listed on: 12/08/2016

Last Renter's Agent

Zully Ruiz

Zully Ruiz Enterprises, Inc. License #0076011 Listed on: 12/08/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,252

Year Built

  • Built in 1971

Lot Details

  • 7,000 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned R2

Home Design

  • Shingle Roof

Interior Spaces

  • 1,500 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Awning
  • Formal Dining Room
  • Ceramic Tile Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Parking Spaces
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • Senior Community
  • No Home Owners Association
  • Olympic Heights Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Listing and Financial Details

  • Property Available on 12/12/16
  • 1 Year With Renewal Option,More Than 1 Year Lease Term
  • Assessor Parcel Number 3040160020091

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,252

Year Built

Built in 1971

Lot Details

0

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2016-12-12
  • Lease Term: 1 Year With Renewal Option,More Than 1 Year

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1971
  • Architectural Style: First Floor Entry
  • Directions: TAKE BIRD ROAD TO 89 AVENUE TURN NORTH 2 BLOCKS AND WEST ONE BLOCK
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • Unit Levels: 1
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex/Tri/Quad-Annual
  • Subdivision Name: olympic heights
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Spa Yn: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1500
  • Stories: 1
  • Window Features: Awning
  • Dining Room Features: Formal Dining
  • Living Room Features: Laundry

Exterior Features

  • Roof: Shingle
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: olympic heights
  • Parking Features: 2 Spaces, Assigned, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Lot Info

  • Parcel Number: 3040160020091
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7000
  • Zoning: R2
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2021
Sold by
Ruiz Zully and Ziilly Ruiz Revocable Trust
Bought by
Palacios Mario and Perez Daylene
Current Estimated Value
$638,456

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$182,866
Interest Rate
2.7%
Mortgage Type
Balloon
Estimated Equity
$444,876
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
Palacios Mario $395,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palacios Mario $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2017 01/01/17 Rented $2,400 +9.1% --
12/16/2016 12/16/16 Under Contract -- -- --
12/08/2016 12/08/16 For Rent $2,200 0.0% --
12/06/2016 12/06/16 Sold $273,000 -8.4% $188 / Sq Ft
11/14/2016 11/14/16 Pending -- -- --
11/03/2016 11/03/16 Price Changed $298,000 -3.7% $205 / Sq Ft
10/07/2016 10/07/16 Price Changed $309,500 -1.7% $213 / Sq Ft
09/22/2016 09/22/16 Price Changed $315,000 -1.3% $217 / Sq Ft
09/12/2016 09/12/16 Price Changed $319,000 -1.8% $220 / Sq Ft
08/17/2016 08/17/16 For Sale $325,000 -- $224 / 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 $6,252 $378,176 -- --
2024 $5,956 $367,518 -- --
2023 $5,956 $356,814 $178,500 $178,314
2022 $6,272 $337,101 $157,500 $179,601
2021 $4,582 $231,787 $136,500 $95,287
2020 $4,551 $229,336 $136,500 $92,836
2019 $4,250 $211,718 $118,125 $93,593
2018 $4,041 $206,183 $111,825 $94,358
2017 $3,650 $168,147 $0 $0
2016 $3,460 $152,861 $0 $0
2015 $3,157 $138,965 $0 $0
2014 $2,920 $126,332 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Zully Ruiz

    Landlord's Agent in 2017

    Zully Ruiz

    Zully Ruiz Enterprises, Inc.

    (239) 259-8332

    Section Image
  • Vivian Urbieta

    Seller's Agent in 2016

    Vivian Urbieta

    Florida Realty of Miami

    (305) 331-7640

    2 Total Sales

    Section Image

  • O

    Seller Co-Listing Agent in 2016

    Olga Perez De La Mesa

    MMLS Assoc.-Inactive Member

  • Walter Vivancos

    Buyer's Agent in 2016

    Walter Vivancos

    Epic Choice Realty

    (786) 402-4821

    1 in this area

    128 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10190897

MIAMI REALTORS® MLS

APN: 30-4016-002-0091

Florida Miami/Dade County Miami 33165

8940 SW 38th St, Miami, FL

This home is located at 8940 SW 38th St, Miami, FL 33165 since 08 December 2016 and is currently priced at $638,456. This property was built in 1971. 8940 SW 38th St is a home located in Miami-Dade County with nearby schools including Banyan Elementary School, Rockway 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.

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