NOT LISTED FOR SALE

5838 SW 74th Terrace Unit 106 South Miami, FL 33143

Estimated Value: $471,000 - $739,000

2 Beds
2 Baths
1,290 Sq Ft
$455/Sq Ft Est. Value

Last Sold April 17, 2023

Last sale price $430,000 $333 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,890/month

About This Home

As of April 2023

PRICE REDUCTION! WILL GO FAST!!
Don't miss out on the opportunity to lease your new home in the much south after and rarely available Alca Building. This 2 bedroom 1.5 bath 2 level condo is fabulously located walking distance to all the shops and restaurants in SoMi. Urban living at its best! Very large master bedroom with large walk-in closet and private balcony. Second bedroom also features a walk in closet. Featuring 2 gated and assigned parking spots. Building has call box entry. Vacant and ready to show. New appliances and window treatments will be installed not reflected in the photos.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
Apr 17, 2023
Sold by
Komalammal Trust
Bought by
Quevedo Alejandro Javier and Mascaro Quevedo Isabel
Seller's Agent
Victoria Sordo
Icon R.E. Consultants, LLC
Buyer's Agent
Victoria Sordo
Icon R.E. Consultants, LLC
List Price
$440,000
Sold Price
$430,000
Premium/Discount to List
-$10,000
-2.27%
Views
15
Current Estimated Value
$587,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,153
Avg. Annual Appreciation
18.48%
Original Mortgage
$258,000
Outstanding Balance
$253,276
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$357,580

Purchase Details

Closed on
Nov 28, 2022
Sold by
Srinivasagopalan R
Bought by
Komalammal Trust

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Quevedo Alejandro Javier $430,000 None Listed On Document
Komalammal Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quevedo Alejandro Javier $258,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Rented $2,800 -5.1% --
05/23/2023 05/23/23 Price Changed $2,950 -10.6% $2 / Sq Ft
04/27/2023 04/27/23 For Rent $3,300 0.0% --
04/17/2023 04/17/23 Sold $430,000 -2.3% $333 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $440,000 0.0% $341 / Sq Ft
05/01/2016 05/01/16 Rented $1,600 -- --
04/01/2016 04/01/16 Under Contract -- -- --

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
2024 $7,609 $365,500 -- --
2023 $7,609 $378,621 $0 $0
2022 $6,106 $317,520 $0 $0
2021 $5,904 $294,000 $0 $0
2020 $5,639 $280,000 $0 $0
2019 $5,346 $280,000 $0 $0
2018 $4,606 $233,000 $0 $0
2017 $4,300 $212,889 $0 $0
2016 $3,922 $193,536 $0 $0
2015 $3,802 $184,320 $0 $0
2014 $3,887 $184,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Victoria Sordo

    Seller's Agent in 2023

    Victoria Sordo

    Icon R.E. Consultants, LLC

    (305) 859-2750

    1 in this area

    17 Total Sales

    Victoria Sordo
    Section Image
  • Nadiia Zago

    Buyer's Agent in 2023

    Nadiia Zago

    Keller Williams Realty Premier Properties

    (720) 825-1401

    Nadiia Zago
    Section Image
  • Alexandre Larmier

    Buyer's Agent in 2016

    Alexandre Larmier

    Compass Florida, LLC

    (786) 301-5357

    1 in this area

    60 Total Sales

    Alexandre Larmier
    Section Image
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Map

Florida Miami/Dade County South Miami 33143

5838 SW 74th Terrace Unit 106, South Miami, FL

Homes for Sale in South Miami, FL

This home is located at 5838 SW 74th Terrace Unit 106, South Miami, FL 33143 and is currently estimated at $587,153, approximately $455 per square foot. 5838 SW 74th Terrace Unit 106 is a home located in Miami-Dade County with nearby schools including Sunset Elementary School, Ponce de Leon Middle School, and Coral Gables 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.

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