NOT LISTED FOR SALE

8995 SW 58th Ave Miami, FL 33156

Estimated Value: $4,991,000 - $5,648,151

6 Beds
6.5 Baths
7,227 Sq Ft
$736/Sq Ft Est. Value

Last Sold March 16, 2017

Last sale price $2,058,000 $285 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $31,228/month

179 Days on Market

Highlights

  • Guest House
  • 2 Bedroom Guest House
  • Wood Flooring
  • Pinecrest Elementary School Rated A
  • In Ground Pool
  • Main Floor Primary Bedroom

About This Home

As of March 2017

Southern Living in North Pinecrest! Situated on a cul-de-sac on the most beautiful & low traffic street in NE Pinecrest! 4bed/4.5bath in the main house + 2 bonus rooms, & 2bed/2bath guest house w/kitchen, laundry, living room & its own entrance. Special details include a large front porch, hardwood flooring, PGT impact windows, volume tongue & groove wood ceilings, crown moldings throughout, Trane AC systems, stainless steel appliances, plantation shutters, & generator that services both main/guest home.

Last Agent to Sell the Property

Benjamin Moss

Compass Florida, LLC License #0698207 Listed on: 09/02/2016

Compass Florida, LLC

Last Buyer's Agent

David Siddons

Douglas Elliman License #3225344

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,317

Year Built

  • Built in 1969

Lot Details

  • 0.91 Acre Lot
  • West Facing Home
  • Fenced
  • Property is zoned EU-1

Parking

  • 2 Car Attached Garage
  • 1 Attached Carport Space
  • Driveway
  • Paver Block
  • Open Parking

Property Views

  • Garden
  • Pool

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 7,227 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Plantation Shutters
  • Family Room
  • Formal Dining Room
  • Den
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Primary Bedroom on Main
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Patio
  • Exterior Lighting
  • Porch

Additional Homes

  • Guest House
  • 2 Bedroom Guest House
  • Two Bathroom Guest House
  • Guest House Includes Living Room
  • Guest House Includes Kitchen

Schools

  • Pinecrest Elementary School
  • Palmetto Middle School
  • Miami Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Compare Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 20-50-01-028-0030

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,317

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: Compare Estates
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_GuestHouseDescription: 2 Baths, 2 Bedrooms, Carport, Kitchen, Living Room
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Cooking Island, Den/Library/Office, Family Room, Florida Room
  • Spa Yn: No
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Flooring: Tile, Wood
  • Furnished: Unfurnished
  • Living Area: 7227
  • Other Equipment: Central Vacuum
  • Possible Use: Primary
  • Window Features: Impact Glass, Plantation Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Guest House
  • Master Bathroom Features: Dual Sinks

Exterior Features

  • Roof: Barrel Roof
  • View: Garden, Pool
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: 3/4 To Less Than 1 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Open Porch, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Compare Estates
  • Carport Spaces: 1
  • Covered Parking Spaces: 3
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport, Driveway, Paver Block

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Pinecrest
  • High School: Miami Palmetto
  • Middle Or Junior School: Palmetto

Lot Info

  • Parcel Number: 20-50-01-028-0030
  • Lot Size Sq Ft: 39640
  • Zoning: EU-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 30317

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2016
Closed on
Mar 16, 2017
Sold by
Jack Jack R and Jack Frances
Bought by
Gelber Gregg and Gelber Carolina
Seller's Agent
Benjamin Moss
Compass Florida, LLC
Buyer's Agent
David Siddons
Douglas Elliman
List Price
$2,499,000
Sold Price
$2,058,000
Premium/Discount to List
-$441,000
-17.65%
Current Estimated Value
$5,317,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,259,038
Avg. Annual Appreciation
11.93%
Original Mortgage
$1,646,400
Outstanding Balance
$1,372,551
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$3,944,487
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
Gelber Gregg $2,058,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gelber Gregg $1,000,000
Closed Gelber Gregg $500,000
Open Gelber Gregg $1,646,400
Previous Owner Jack Lewis N $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2017 03/16/17 Sold $2,058,000 -6.2% $285 / Sq Ft
03/01/2017 03/01/17 Pending -- -- --
12/06/2016 12/06/16 Price Changed $2,195,000 -12.2% $304 / Sq Ft
09/02/2016 09/02/16 For Sale $2,499,000 -- $346 / 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 $27,084 $1,579,096 -- --
2024 $26,033 $1,534,593 -- --
2023 $26,033 $1,489,897 $0 $0
2022 $25,217 $1,446,502 $0 $0
2021 $25,199 $1,404,371 $0 $0
2020 $24,920 $1,384,982 $0 $0
2019 $24,483 $1,353,844 $0 $0
2018 $23,428 $1,328,601 $0 $0
2017 $31,443 $1,732,379 $0 $0
2016 $32,207 $1,739,395 $0 $0
2015 $30,317 $1,603,798 $0 $0
2014 $18,275 $976,965 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10141032

MIAMI REALTORS® MLS

APN: 20-5001-028-0030