NOT LISTED FOR SALE

9040 SW 48th Terrace Miami, FL 33165

Olympia Heights Neighborhood

Estimated Value: $745,000 - $854,000

3 Beds
2 Baths
1,650 Sq Ft
$490/Sq Ft Est. Value

Last Sold August 25, 2020

Last sale price $485,000 $294 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,215/month

Highlights

  • Main Floor Primary Bedroom
  • Sun or Florida Room
  • Utility Room in Garage
  • Southwest Miami Senior High School Rated A-
  • No HOA
  • Patio

About This Home

As of November 2021

Spectacular Westchester Corner Home. 3/2 House with plenty of Room to Store your Boat/RV. Home has Been Tastefully Redone Featuring Porcelain Floors, New Roof, Oversized Patio (Great for entertaining) and Many Upgrades. Move In Condition!

Last Agent to Rent the Property

Betsy Zamora

Lapeyre Realty Inc License #3355141 Listed on: 11/24/2021

Lapeyre Realty Inc

Last Renter's Agent

Betsy Zamora

Lapeyre Realty Inc License #3355141 Listed on: 11/24/2021

Lapeyre Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,081

Year Built

  • Built in 1957

Lot Details

  • 8,988 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 1 Car Garage

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,650 Sq Ft Home
  • Sun or Florida Room
  • Utility Room in Garage
  • Laundry in Garage
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Exterior Lighting

Community Details

  • No Home Owners Association
  • Miller Heights Sec 2 Subdivision

Listing and Financial Details

  • Property Available on 12/1/21
  • Assessor Parcel Number 30-40-21-014-0220

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,081

Year Built

Built in 1957

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Yes
  • Available Date: 2021-12-01

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1957
  • Property Sub Type: Single Family Residence
  • Architectural Style: First Floor Entry
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: MILLER HEIGHTS SEC 2
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry, Florida Room, Utility/Laundry In Garage
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1650
  • Bedroom Features: At Least 1 Bedroom Ground Level, Master Bedroom Ground Level
  • Living Room Features: Florida Room, Utility/Laundry In Garage

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fruit Trees, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: Completely Renovated
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MILLER HEIGHTS SEC 2
  • Covered Parking Spaces: 1
  • Garage Spaces: 1

Utilities

  • Laundry Features: In Garage

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 30-40-21-014-0220
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 8988
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Aug 21, 2020
Sold by
Herrero Gabriel
Bought by
Salazar Yosdanis Menendez
Seller's Agent
Betsy Zamora
Lapeyre Realty Inc
Buyer's Agent
Betsy Zamora
Lapeyre Realty Inc
Sold Price
$3,000
Current Estimated Value
$799,024

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$796,024
Avg. Annual Appreciation
10.91%
Original Mortgage
$412,250
Outstanding Balance
$367,502
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$443,141

Purchase Details

Listed on
Oct 25, 2019
Closed on
Nov 27, 2019
Sold by
Fannie Mae
Bought by
Herrero Gabriel
Seller's Agent
Lawrence Salas
Bestway Realty Sales, LLC
Buyer's Agent
Lawrence Salas
Bestway Realty Sales, LLC
List Price
$320,000
Sold Price
$336,000
Premium/Discount to List
$16,000
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.13%

Purchase Details

Listed on
Oct 25, 2019
Closed on
Oct 24, 2019
Sold by
United State Of America
Bought by
Federal National Mortgage Association
Seller's Agent
Lawrence Salas
Bestway Realty Sales, LLC
Buyer's Agent
Lawrence Salas
Bestway Realty Sales, LLC
List Price
$320,000
Sold Price
$336,000
Premium/Discount to List
$16,000
5%
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
Salazar Yosdanis Menendez $485,000 Dominion Title Group Llc
Herrero Gabriel $336,000 Bright Line Title Llc
Federal National Mortgage Association $339,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salazar Yosdanis Menendez $412,250
Previous Owner Sanchez Jaime $522,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2021 11/29/21 Rented -- -- --
11/24/2021 11/24/21 For Rent $3,900 +30.0% --
09/29/2020 09/29/20 Rented $3,000 0.0% --
09/16/2020 09/16/20 For Rent $3,000 0.0% --
08/25/2020 08/25/20 Sold $485,000 -2.7% $294 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $498,500 0.0% $302 / Sq Ft
06/06/2020 06/06/20 Pending -- -- --
06/04/2020 06/04/20 For Sale $498,500 0.0% $302 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
04/24/2020 04/24/20 For Sale $498,500 +48.4% $302 / Sq Ft
11/27/2019 11/27/19 Sold $336,000 +5.0% $204 / Sq Ft
10/29/2019 10/29/19 Pending -- -- --
10/25/2019 10/25/19 For Sale $320,000 -- $194 / 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 $10,081 $607,132 -- --
2024 $8,252 $590,022 $342,443 $247,579
2023 $8,252 $432,275 $0 $0
2022 $7,470 $392,978 $0 $0
2021 $6,825 $357,253 $211,218 $146,035
2020 $6,531 $339,575 $193,242 $146,333
2019 $6,314 $326,392 $179,760 $146,632
2018 $2,294 $170,963 $0 $0
2017 $2,248 $167,447 $0 $0
2016 $2,223 $164,003 $0 $0
2015 $2,350 $168,826 $0 $0
2014 -- $140,142 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Landlord's Agent in 2021

    Betsy Zamora

    Lapeyre Realty Inc

    (305) 408-4007

    13 Total Sales

    Section Image

  • L

    Seller's Agent in 2020

    Lawrence Salas

    Bestway Realty Sales, LLC

    (305) 562-5800

    1 in this area

    60 Total Sales

    Section Image
  • Maggie Salas

    Seller Co-Listing Agent in 2020

    Maggie Salas

    Bestway Realty Sales, LLC

    (305) 297-5871

    1 in this area

    68 Total Sales

    Section Image
  • Patricia Calvet Rodriguez

    Buyer's Agent in 2020

    Patricia Calvet Rodriguez

    Calvet Realty Group, LLC.

    (305) 305-1691

    2 in this area

    91 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11127652

MIAMI REALTORS® MLS

APN: 30-4021-014-0220

Florida Miami/Dade County Miami 33165 Olympia Heights

9040 SW 48th Terrace, Miami, FL

This home is located at 9040 SW 48th Terrace, Miami, FL 33165 since 24 November 2021 and is currently priced at $808,891. This property was built in 1957. 9040 SW 48th 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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