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2545 Swanson Avenue

2545 Swanson Avenue, Miami, FL 33133
Sold Jul 12, 2023
$7,500,000
Sold Dec 14, 2020
$985,000
Local assessors in Miami, FL have categorized 2545 Swanson Avenue as a residential type of property. The home was built in 2023 and is 1 years old. The property's lot size has been calculated to be 10,339 square feet. The linear feet between the front and back of the lot was measured at 1,250 ft and the front of the lot was measured at 820 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 6 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 7 full bathrooms. There are also 8 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2545 Swanson Avenue has a total of 5,601 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a gable or hip style roof that was made of tile. Lots of concrete block were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2545 Swanson Avenue sold most recently in Jun 28, 2023 for a total of $7,500,000. If you work out the math, that's approximately a cost of $1,103.92 per sqft. Before that, the property was also sold for $985,000 in Nov 19, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $22,609 in taxes each year. 2545 Swanson Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $864,806. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Driveway

Driveway

Condition

New Construction

Exterior

Block Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2023
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 8
  • Full Bathrooms: 7
  • Partial Bathrooms: 8
  • Building Quality: D
  • Construction Type: Concrete block
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,339
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 820
  • Total Building Area: 6,794
  • Gross Building Area: 6,794
  • Building Area: 5,601
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 5,601
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OCEAN VIEW HEIGHTS
  • Land Acres: 0.237
  • Standard Land Use Code: Single family residential
  • Legal Description 1: OCEAN VIEW HEIGHTS PB 2-86 LOTS 18 TO 20 INC BLK 11 AND PROP INT IN & TO COMMON ELEMENTS NOT DEDICATED TO PUBLIC LOT SIZE 82.710 X 125 OR 15401-3392 0292 4

Ownership

  • Current Owner : QIU WENJUN
  • Current Owner 2: XIA QING
  • Previous Owner : 2545 SWANSON LLC
  • Owner Before Previous Owner: KUSHLAN PHILIP F
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: MIAMI
  • Census Tract: 006801

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 251
  • District: 01
  • Parcel: 01-4115-038-0480
  • Block: 11
  • Lot: 18-20
  • Meridian: SEC 15 TWN 54S RNG 41E
  • Municipality: MIAMI
  • Latitude: 25.7361
  • Longitude: -80.2362

    Address

  • Full Address: 2545 Swanson Ave
  • Address - House Number: 2545
  • Address - Street Name: Swanson
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Miami
  • Carrier Code: C017
  • 4-Digit Zip Code: 3851
  • Zip Code: 33133

Valuation

    Tax

  • Total Area: 5,690
  • Tax Year: 2023
  • Tax Amount: $22,609
  • Tax Rate Code Area: 100

    Appraisal Valuation

  • Standard Deviation: 0.19
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 74
  • Final Value: 3,851,599
  • High Value: 4,583,753
  • Low Value: 3,119,445

    Market Valuation

  • Market Total Value: $1,472,550
  • Market Land Value: $1,468,138
  • Market Improvement Value: $4,412

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $864,806

    Sales

  • Current Sale Contract Date: Jun 28, 2023
  • Current Sale Recording Date: Jul 12, 2023
  • Current Sale Transaction ID: 11909906369
  • Current Sale Price: $7,500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 476805
  • Previous Sale Recording Date: Dec 14, 2020
  • Previous Sale Contract Date: Nov 19, 2020
  • Previous Sale Amount: $985,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITY NATIONAL BANK OF FLORIDA
  • First Mortgage Transaction Date: Jul 12, 2023
  • First Mortgage Loan Amount: $5,625,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

About Northeast Coconut Grove



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Nearby Rentals

Unit for rent at

$15,750 /mo

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  • 4.5 Baths
  • 3,942 ft²
Listing by Nicholas Ekonomou
Unit for rent at

$16,500 /mo

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Frequently Asked Questions

What neighborhood is 2545 Swanson Avenue located in?
The 2545 Swanson Avenue is a house located in the neighborhood of Ocean View Heights in Northeast Coconut Grove, Miami.
What is the average sales price for listings in 2545 Swanson Avenue?
The average sales price for units in 2545 Swanson Avenue is $0 currently.

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