NOT LISTED FOR SALE

6170 SW 62nd Terrace Unit 5 South Miami, FL 33143

Estimated Value: $199,000 - $264,000

2 Beds
1 Bath
633 Sq Ft
1953 Built

Last Sold August 26, 2022

Last sale price $195,000 $308 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,480/month

Highlights

  • Garden View
  • No HOA
  • Guest Parking
  • South Miami K-8 Center Rated A-
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of December 2022

Great 2 bedroom & 1 bathroom condo on 2nd floor, 2 entrances, lots of natural light, freshly painted, plenty of parking available, and it’s minutes away from: UM, hospitals, major highways, metro-rail, shopping centers, dining, entertainment and much more! This is a great location at a great price for you! Available for immediate occupancy. NO PETS! Need 1st month + 2 month sec dep & good credit. Showings will begin November 6.

Last Agent to Rent the Property

Rebeca Castellon

Compass Florida, LLC License #3248495 Listed on: 11/03/2022

Compass Florida, LLC

Last Renter's Agent

Rebeca Castellon

Compass Florida, LLC License #3248495 Listed on: 11/03/2022

Compass Florida, LLC

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,157

Year Built

  • Built in 1953

Parking

  • 1 Car Garage
  • Guest Parking
  • On-Street Parking
  • Open Parking

Interior Spaces

  • 633 Sq Ft Home
  • Blinds
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 11/7/22
  • Assessor Parcel Number 09-40-25-081-0290

Community Details

Overview

  • No Home Owners Association
  • South Miami Villas Condo
  • South Miami Villas Condo Subdivision

Pet Policy

  • No Pets Allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,157

Year Built

Built in 1953

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: No
  • Available Date: 2022-11-07

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1953
  • Property Sub Type: Condominium
  • Architectural Style: Second Floor Entry
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: SOUTH MIAMI VILLAS CONDO
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Second Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 633
  • Window Features: Blinds

Exterior Features

  • View: Garden
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: SOUTH MIAMI VILLAS CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Guest, On Street

Utilities

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

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 09-40-25-081-0290
  • Land Lease Amount Frequency: Monthly
  • Zoning: 1000
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
Aug 17, 2022
Sold by
Quest Residential Us Holdings Llc
Bought by
Kralon Properties Llc
Seller's Agent
Anne Ritter
Viel & De Guzman Inc.
Buyer's Agent
Rebeca Castellon
Compass Florida, LLC
List Price
$281,000
Sold Price
$195,000
Premium/Discount to List
-$86,000
-30.6%
Current Estimated Value
$231,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,358
Avg. Annual Appreciation
5.52%

Purchase Details

Listed on
Jul 7, 2021
Closed on
Aug 18, 2021
Sold by
Green Life Investments Llc
Bought by
Quest Residential Us Holdings Llc
Seller's Agent
Aldo Briolo
Cervera Real Estate Inc.
Buyer's Agent
Aldo Briolo
Cervera Real Estate Inc.
Sold Price
$1,300

Purchase Details

Closed on
Jun 13, 2011
Sold by
Garcia Daniel
Bought by
Puga Rafael

Purchase Details

Closed on
Jun 1, 2006
Sold by
Calwell Inc
Bought by
Garcia Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,600
Interest Rate
6.87%
Mortgage Type
New Conventional
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
Kralon Properties Llc $195,000 Annesser Armenteros Pllc
Quest Residential Us Holdings Llc $2,740,000 Independent Ttl Of Fort Laud
Puga Rafael $50,000 Attorney
Garcia Daniel $247,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Daniel $197,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/17/2022 12/17/22 Rented $1,900 0.0% --
11/22/2022 11/22/22 Under Contract -- -- --
11/12/2022 11/12/22 Price Changed $1,900 +2.7% $3 / Sq Ft
11/03/2022 11/03/22 For Rent $1,850 0.0% --
08/26/2022 08/26/22 Sold $195,000 -2.5% $308 / Sq Ft View Prior Sale
07/27/2022 07/27/22 Pending -- -- --
07/19/2022 07/19/22 Price Changed $200,000 -13.0% $316 / Sq Ft
06/24/2022 06/24/22 Price Changed $230,000 -18.1% $363 / Sq Ft
06/17/2022 06/17/22 For Sale $281,000 0.0% $444 / Sq Ft
08/01/2021 08/01/21 Rented $1,300 0.0% --
07/19/2021 07/19/21 Under Contract -- -- --
07/07/2021 07/07/21 For Rent $1,300 -- --
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 $3,157 $163,398 -- --
2024 $3,174 $163,398 -- --
2023 $3,174 $163,398 $0 $0
2022 $2,320 $118,404 $0 $0
2021 $1,687 $67,753 $0 $0
2020 $1,616 $107,640 $0 $0
2019 $1,436 $92,000 $0 $0
2018 $1,330 $92,000 $0 $0
2017 $1,188 $46,278 $0 $0
2016 $1,163 $42,071 $0 $0
2015 $993 $38,247 $0 $0
2014 $733 $34,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11298275

MIAMI REALTORS® MLS

APN: 09-4025-081-0290