NOT LISTED FOR SALE

960 NW 40th Ave Miami, FL 33126

West Flagler Neighborhood

Estimated Value: $739,444 - $928,000

6 Beds
5 Baths
2,516 Sq Ft
$327/Sq Ft Est. Value

Last Sold July 27, 2012

Last sale price $155,000 $62 Per Sq Ft

Est. 431% increase in value since last sale

Current estimated payment $4,712/month

77 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Tile Flooring
  • Coral Gables Senior High School Rated A-
  • Views
  • 1-Story Property

About This Home

As of July 2012

LOCKBOX-CLICK ON SHOWING ASSIST>, PROPERTY HAS LARGE BACKYARD. NO ASSOCIATION. PRICED TO SELL VERY FAST, SUBMIT ATTACHED FAR/BAR AS-IS CONTRACT AND SPECIAL ADDENDUMS WILL BE SENT IF OFFER IS APPROVED, SOLD AS IS WHERE IS WITH ALL FAULTS, NO WARRANTIES EXP RESSED OR IMPLIED, SELLERS CHOICE OF ESCROW AGENT-CERTIFIED FUNDS, **ENTER OFFERS ON OUR WEBSITE** SUBMIT ATTACHMENTS FOR DISCLOSURES & FURTHER MLS TERMS. EMAIL US *ONLY* IF YOU HAVE QUESTIONS. CASH TRANSACTIONS ARE SUBJECT TO SPECIAL DEED RESTRICTIONS.

Last Agent to Sell the Property

Henry Benito

MMLS Assoc.-Inactive Member License #0662885 Listed on: 04/05/2012

Last Buyer's Agent

Julio Cotera

Cotera Realty License #0319357

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 8,760 Sq Ft Lot
  • Lot Dimensions are 6000x146
  • East Facing Home
  • Fenced
  • Property is zoned 1 /S FM

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,516 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Property Views

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association
  • Whitehead & Blair Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-32-013-0040

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: FAX A BANK OF AMERICA OR MERRILL LYNCH PRE-QUALIFICATION CERTIFICATE FOR FINANCED TRANSACTIONS OR PROOF OF FUNDS FOR CASH. CONTACT JUAN QUINTO- CONTACT INFO IN ATTACHMENTS.
  • Garage Yn: No
  • Horses: No
  • Lot Size: 6000x146
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: WHITEHEAD & BLAIR SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: RealEstateOwned

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Flooring: Other, Tile
  • Furnished: Unfurnished
  • Living Area: 2516
  • Possible Use: Investment
  • Bedroom Features: Entry Level
  • Living Room Features: Other

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Other
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: WHITEHEAD & BLAIR SUB
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-32-013-0040
  • Lot Size Sq Ft: 8760
  • Zoning: 1 /S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 6099

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 22, 2013
Sold by
Hernandez Laura Valdes
Bought by
Hernandez Laura Valdes and Oliva Valdes Rachel
Current Estimated Value
$822,611

Purchase Details

Closed on
Feb 15, 2013
Sold by
Garcia Francisco
Bought by
Cabrera Julio C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$108,680
Interest Rate
6%
Mortgage Type
Seller Take Back
Estimated Equity
$713,931

Purchase Details

Closed on
Jan 15, 2013
Sold by
Garcia Francisco
Bought by
Hernandez Laura Valdes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Outstanding Balance
$108,680
Interest Rate
6%
Mortgage Type
Seller Take Back
Estimated Equity
$713,931

Purchase Details

Listed on
Apr 5, 2012
Closed on
Jul 20, 2012
Sold by
Wells Fargo Bank Na
Bought by
Garcia Francisco
Seller's Agent
Henry Benito
MMLS Assoc.-Inactive Member
Buyer's Agent
Julio Cotera
Cotera Realty
List Price
$155,000
Sold Price
$155,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.41%

Purchase Details

Closed on
Aug 13, 2010
Sold by
Herrera Edgar
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 5, 2005
Sold by
Hernandez Orestes and Marzo Juana
Bought by
Herrera Edgar and Herrera Kira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.4%
Mortgage Type
Unknown

Purchase Details

Closed on
May 6, 1996
Sold by
Perez Eduardo and Marzo Juana
Bought by
Hernandez Oreste and Marzo Juana

Purchase Details

Closed on
Dec 20, 1993
Sold by
Gillespie Teresa
Bought by
Perez Eduardo and Marzo Juana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,200
Interest Rate
7.05%
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
Hernandez Laura Valdes -- Attorney
Cabrera Julio C $155,000 Attorney
Hernandez Laura Valdes $250,000 Attorney
Garcia Francisco $155,000 Attorney
Wells Fargo Bank Na $300 None Available
Herrera Edgar $400,000 --
Hernandez Oreste $100 --
Perez Eduardo $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cabrera Julio C $140,000
Open Hernandez Laura Valdes $215,000
Previous Owner Herrera Edgar $320,000
Previous Owner Perez Eduardo $97,200
Closed Herrera Edgar $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2012 07/27/12 Sold $155,000 0.0% $62 / Sq Ft
06/22/2012 06/22/12 Pending -- -- --
04/05/2012 04/05/12 For Sale $155,000 -- $62 / 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 $4,621 $260,815 -- --
2024 $4,578 $253,465 -- --
2023 $4,578 $246,083 $0 $0
2022 $4,439 $238,916 $0 $0
2021 $4,421 $231,958 $0 $0
2020 $4,365 $228,756 $0 $0
2019 $4,265 $223,613 $0 $0
2018 $0 $219,444 $0 $0
2017 $3,892 $207,547 $0 $0
2016 $3,908 $203,279 $0 $0
2015 $5,480 $201,866 $0 $0
2014 $5,480 $200,264 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2012

    Henry Benito

    MMLS Assoc.-Inactive Member

    Section Image

  • J

    Buyer's Agent in 2012

    Julio Cotera

    Cotera Realty

    2 in this area

    30 Total Sales

    Julio Cotera
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1625556

MIAMI REALTORS® MLS

APN: 01-3132-013-0040

Florida Miami/Dade County Miami 33126 West Flagler

960 NW 40th Ave, Miami, FL

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