NOT LISTED FOR SALE

8940 SW 50th Terrace Miami, FL 33165

Olympia Heights Neighborhood

Estimated Value: $807,909 - $943,000

4 Beds
2 Baths
2,226 Sq Ft
$399/Sq Ft Est. Value

Last Sold June 05, 2015

Last sale price $375,000 $168 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $5,695/month

29 Days on Market

Highlights

  • Room in yard for a pool
  • No HOA
  • High Impact Door
  • Southwest Miami Senior High School Rated A-
  • Converted Garage
  • Walk-In Closet

About This Home

As of June 2015

Totally remodeled and spacious home in great neighborhood off of Miller and 87th AV. This home has many features including a large extended family room, full impact glass windows and doors, updated kitchen & bathrooms, new tile flooring, and walk-in close t in Master. Roof replaced in 2006. Carport was enclosed by previous owner to make 4th bedroom or den on opposite side. Nice mango trees in fenced backyard. Room to add a pool. Covered parking. Call for showing. See Google map.

Last Agent to Sell the Property

Lisa Fox

Coldwell Banker Realty License #3053607 Listed on: 04/06/2015

Coldwell Banker Realty

Last Buyer's Agent

Eduardo Cruz Toledo

MMLS Assoc.-Inactive Member License #3285011

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,359

Year Built

  • Built in 1963

Lot Details

  • 7,500 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 10/S FM

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,226 Sq Ft Home
  • 1-Story Property
  • French Doors
  • Entrance Foyer
  • Family or Dining Combination
  • Tile Flooring
  • High Impact Door

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Converted Garage
  • Covered Parking
  • Driveway
  • Open Parking

Outdoor Features

  • Room in yard for a pool
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Miller Heights Sec 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-21-013-1060

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,359

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1963
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: FROM 87TH AV, TURN WEST ON 52 ST, THEN RIGHT ON 88 COURT, AND LEFT ON 50 TERRACE. HOUSE ON LEFT SIDE.
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: MILLER HEIGHTS SEC 1
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, French Doors, Walk-In Closet(s), Family Room, Garage Converted
  • Spa Yn: No
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Door Features: High Impact Doors, French Doors
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 2226
  • Possible Use: Investment
  • Bedroom Features: Entry Level
  • Dining Room Features: Family/Dining Combination, Other
  • Living Room Features: Family Room, Garage Converted

Exterior Features

  • Roof: Shingle
  • View: None
  • Exterior Features: Fruit Trees, Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio, Screened Porch
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MILLER HEIGHTS SEC 1
  • Open Parking: Yes
  • Parking Features: Covered, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Road, Sidewalks

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-40-21-013-1060
  • Lot Size Sq Ft: 7500
  • Zoning: 10/S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 3359

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2015
Closed on
Jun 5, 2015
Sold by
Martinez Juan Jose and Erml Martinez Christa Carol
Bought by
Carralero Rita M
Seller's Agent
Lisa Fox
Coldwell Banker Realty
Buyer's Agent
Eduardo Cruz Toledo
MMLS Assoc.-Inactive Member
List Price
$410,000
Sold Price
$375,000
Premium/Discount to List
-$35,000
-8.54%
Current Estimated Value
$887,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$512,477
Avg. Annual Appreciation
8.81%

Purchase Details

Closed on
Oct 30, 2009
Sold by
Martinez Juan Jose
Bought by
Martinez Juan Jose and Erml Martinez Christa Carol

Purchase Details

Closed on
Jun 21, 2001
Sold by
Jose A Quintana M and Jose Maria M
Bought by
Martinez Juan J
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
Carralero Rita M $375,000 Attorney
Martinez Juan Jose $52,000 Attorney
Martinez Juan J $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinez Juan J $50,000
Previous Owner Martinez Juan J $183,000
Previous Owner Martinez Juan J $176,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2015 06/05/15 Sold $375,000 0.0% $168 / Sq Ft
05/06/2015 05/06/15 Pending -- -- --
04/28/2015 04/28/15 Price Changed $375,000 -6.0% $168 / Sq Ft
04/16/2015 04/16/15 Price Changed $399,000 -2.7% $179 / Sq Ft
04/06/2015 04/06/15 For Sale $410,000 -- $184 / 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 $10,303 $560,146 -- --
2024 $8,947 $509,224 -- --
2023 $8,947 $462,931 $0 $0
2022 $8,093 $420,847 $0 $0
2021 $7,250 $382,589 $167,438 $215,151
2020 $7,066 $371,031 $153,188 $217,843
2019 $6,833 $356,852 $142,500 $214,352
2018 $6,712 $359,467 $142,500 $216,967
2017 $6,493 $341,664 $0 $0
2016 $6,029 $310,604 $0 $0
2015 $4,819 $238,361 $0 $0
2014 $3,359 $193,950 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Fox

    Seller's Agent in 2015

    Lisa Fox

    Coldwell Banker Realty

    (305) 345-8153

    63 Total Sales

    Lisa Fox
    Section Image

  • E

    Buyer's Agent in 2015

    Eduardo Cruz Toledo

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2097093

MIAMI REALTORS® MLS

APN: 30-4021-013-1060

Florida Miami/Dade County Miami 33165 Olympia Heights

8940 SW 50th Terrace, Miami, FL

This home is located at 8940 SW 50th Terrace, Miami, FL 33165 since 06 April 2015 and is currently estimated at $887,477, approximately $398 per square foot. This property was built in 1963. 8940 SW 50th Terrace is a home located in Miami-Dade County with nearby schools including Blue Lakes 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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