NOT LISTED FOR SALE

9961 SW 40th Terrace Miami, FL 33165

Olympia Heights Neighborhood

Estimated Value: $728,286 - $762,000

4 Beds
2 Baths
2,131 Sq Ft
$351/Sq Ft Est. Value

Last Sold April 05, 2019

Last sale price $395,000 $185 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $4,815/month

33 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • Shed
  • Southwest Miami Senior High School Rated A-
  • Closet Cabinetry
  • Tile Flooring

About This Home

As of April 2019

Fantastic opportunity to own this two story home located in much sought out location. This home offers ample room for a pool, features a terrace for entertainment and a detached shed for storage use. Located nearby FIU, public and private schools and major road arteries. This property will not last! Hurry while still available. For showing instructions, please follow the schedule a showing button. For offer instructions, please review broker remarks.

Last Agent to Sell the Property

Nancy Yialouris

Y Group Realty License #0622413 Listed on: 01/16/2019

Last Buyer's Agent

Carolina Gil

Caralex Intl Realty Group Corp License #3287054

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,335

Year Built

  • Built in 1952

Lot Details

  • 9,375 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,131 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • Driveway
  • Open Parking

Additional Features

  • Shed
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Tropical Estates Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-20-004-0120

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,335

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: TROPICAL ESTATES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Washer
  • Interior Amenities: Closet Cabinetry, Family Room
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 2131
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Family Room

Exterior Features

  • Roof: Shingle
  • View: None
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Shed(s)
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TROPICAL ESTATES
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: 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: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-40-20-004-0120
  • Lot Size Sq Ft: 9375
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6335

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2019
Closed on
Apr 5, 2019
Sold by
Nationstar Hecm Acquisition Trust 2018 2
Bought by
Sosa Omar and Perez Zoila
Seller's Agent
Nancy Yialouris
Y Group Realty
Buyer's Agent
Carolina Gil
Caralex Intl Realty Group Corp
List Price
$395,000
Sold Price
$395,000
Current Estimated Value
$780,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,361
Avg. Annual Appreciation
11.35%
Original Mortgage
$375,250
Outstanding Balance
$331,902
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$449,748

Purchase Details

Closed on
Nov 16, 2018
Sold by
Interamerican Bank Fsb
Bought by
Nationstar Hecm Acquisition Trust
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
Sosa Omar $395,000 Attorney
Nationstar Hecm Acquisition Trust $320,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sosa Omar $375,250
Previous Owner Marrero Yraldo $544,185
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2019 04/05/19 Sold $395,000 0.0% $185 / Sq Ft
02/18/2019 02/18/19 Pending -- -- --
02/05/2019 02/05/19 For Sale $395,000 0.0% $185 / Sq Ft
01/30/2019 01/30/19 Pending -- -- --
01/16/2019 01/16/19 For Sale $395,000 -- $185 / 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 $6,519 $392,492 -- --
2024 $6,217 $381,431 -- --
2023 $6,217 $370,322 $0 $0
2022 $5,999 $359,536 $0 $0
2021 $5,955 $349,065 $0 $0
2020 $5,888 $344,246 $194,062 $150,184
2019 $6,476 $336,736 $185,625 $151,111
2018 $6,335 $337,663 $185,625 $152,038
2017 $5,979 $313,358 $0 $0
2016 $2,409 $175,137 $0 $0
2015 $2,432 $173,920 $0 $0
2014 $1,764 $172,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nancy Yialouris

    Seller's Agent in 2019

    Nancy Yialouris

    Y Group Realty

    (800) 386-2830

    1 in this area

    48 Total Sales

    Section Image
  • Carolina Gil

    Buyer's Agent in 2019

    Carolina Gil

    Caralex Intl Realty Group Corp

    (561) 537-6438

    162 Total Sales

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10601150

MIAMI REALTORS® MLS

APN: 30-4020-004-0120

Florida Miami/Dade County Miami 33165 Olympia Heights

9961 SW 40th Terrace, Miami, FL

This home is located at 9961 SW 40th Terrace, Miami, FL 33165 since 16 January 2019 and is currently estimated at $748,822, approximately $351 per square foot. This property was built in 1952. 9961 SW 40th Terrace is a home located in Miami-Dade County with nearby schools including Olympia Heights Elementary School, Riviera 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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