by RH Advisors

See Home Value
$575,000
House - Off Market

240 NW 48th Pl

Miami, FL 33126
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1743 Sqft
$3,443
Estimated Monthly
$0
HOA / Fees
6.78%
Cap Rate

About This Property

Excellent opportunity to own this well maintained and spacious 3/2 home with a NEW roof situated on a double-sided lot that opens to 48 PL and 49th Avenue. Featuring 1,743 sq ft with a convenient and smooth layout beginning with a foyer entrance, a formal dining and family room, ample size bedrooms and a 2020 A/C. A large kitchen with granite counters including a new stove leads out to an expansive covered terrace and backyard, perfect for family gatherings and quiet evenings. Excellent location, minutes from Miami International Airport, Coral Gables, Downtown and Brickell. The double lot and zoning possibilities add for tons of flexibility and potential for additional income.
Unit Size
1,743Ft²
Days on Market
130 days
Land Size
0.17 acres
Price per sqft
$355
Property Type
House
Property Taxes
$408
HOA Dues
-
Year Built
1948
Last updated: 4 months ago (Miami MLS #A11445304)

Price History

Date / Event Date Event Price
Jan 11, 2024 Sold to Marcos Gonzalez $575,000
Sold to Marcos Gonzalez
Nov 3, 2023 In contract -
In contract
Oct 23, 2023 Relisted $618,000
Relisted
Oct 20, 2023 In contract -
In contract
Oct 10, 2023 Price Decreased $618,000
↓ $27K (4.2%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: E
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,440
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,743
  • Gross Building Area: 1,743
  • Building Area: 1,743
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,743
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 2ND ADDN TO PINEHURST VILLA
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2ND ADDN TO PINEHURST VILLA PB 6-157 LOT 47 LESS E5FT LOT SIZE 50.000 X 144 OR 15780-1257 0193 1 COC 25006-3710 08 2006 1

Ownership

  • Current Owner : GONZALEZ MARCOS
  • Previous Owner : NUNEZ OSIRIS
  • Previous Owner 2: NUNEZ ANN
  • Owner Before Previous Owner: SOUTHEAST PROPERTY ACQUISITIONS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 005708

Zoning

  • Zoning: 5700

Geography

  • Assessors Map Reference: 242
  • District: 01
  • Parcel: 01-4106-022-0420
  • Lot: 47
  • Meridian: SEC 06 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7742
  • Longitude: -80.2756

    Address

  • Full Address: 240 Nw 48th Pl
  • Address - House Number: 240
  • Street Direction: NW
  • Address - Street Name: 48th
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Miami
  • Carrier Code: C012
  • 4-Digit Zip Code: 5126
  • Zip Code: 33126

Valuation

    Tax

  • Total Area: 1,743
  • Tax Year: 2023
  • Tax Amount: $5,263
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.1735
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 77
  • Final Value: 654,785
  • High Value: 768,416
  • Low Value: 541,154

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $555,809
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Jan 11, 2024
  • First Open Lien Mortgage Loan Amount: $555,809
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2054

    Market Valuation

  • Market Total Value: $438,378
  • Market Land Value: $266,169
  • Market Improvement Value: $172,209

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $279,392

    Sales

  • Current Sale Contract Date: Dec 11, 2023
  • Current Sale Recording Date: Jan 11, 2024
  • Current Sale Transaction ID: 11919429066
  • Current Sale Price: $575,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 31962
  • Previous Sale Recording Date: Oct 03, 2016
  • Previous Sale Contract Date: Sep 19, 2016
  • Previous Sale Amount: $300,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: Jan 11, 2024
  • First Mortgage Loan Amount: $555,809
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: SUNSHINE FINANCIAL GROUP INC
  • Previous Mortgage Transaction Date: Oct 03, 2016
  • Previous Mortgage Loan Amount: $270,450
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2046



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,725 ft²
$362/ft²
$624,999 Nov 9, 2023
$624,999 Dec 19, 2023
$453/mo
House
3 Beds
4 Baths
1,522 ft²
$329/ft²
$500,000 Jun 6, 2023
$500,000 Jan 4, 2024
$212/mo
House
3 Beds
3 Baths
1,622 ft²
$391/ft²
$635,000 Aug 2, 2023
$635,000 Dec 26, 2023
$706/mo
House
3 Beds
2 Baths
1,788 ft²
$308/ft²
$550,000 Aug 13, 2023
$550,000 Oct 11, 2023
$559/mo
House
3 Beds
2 Baths
1,178 ft²
$552/ft²
$650,000 Aug 9, 2023
$650,000 Oct 31, 2023
$618/mo
House
3 Beds
2 Baths
1,370 ft²
$511/ft²
$700,000 Jun 16, 2023
$700,000 Dec 27, 2023
$482/mo
House
3 Beds
2 Baths
1,782 ft²
$295/ft²
$525,000 Jul 12, 2023
-
$482/mo
House
3 Beds
1 Bath
1,399 ft²
$414/ft²
$579,000 Nov 15, 2023
-
$1,129/mo
House
3 Beds
1 Bath
1,399 ft²
$450/ft²
$630,000 Oct 2, 2023
-
$201/mo
House
3 Beds
3 Baths
1,559 ft²
$385/ft²
$600,000 Dec 10, 2023
-
$92/mo
House
3 Beds
2 Baths
2,036 ft²
$307/ft²
$625,000 Nov 19, 2023
-
$698/mo
House
3 Beds
2 Baths
1,046 ft²
$667/ft²
$698,000 Aug 15, 2023
-
$165/mo

About Western Miami


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Frequently Asked Questions

When was property at 240 Northwest 48th Place built and last sold?
The property at 240 Northwest 48th Place was built in 1948 and last sold on Dec 11, 2023 for $575,000.
How much is this home worth?
The estimated value of the home located at 240 Northwest 48th Place is $633,244.
What are some comparable homes to 240 Northwest 48th Place?
There are currently no comparable homes to 240 Northwest 48th Place.

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