by RH Advisors

See Home Value
$560,000
House - Off Market

5941 Coral Way

Miami, FL 33155
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1024 Sqft
$3,206
Estimated Monthly
$0
HOA / Fees
7.94%
Cap Rate

About This Property

Welcome to 5941 Coral Way! This charming single-family home is situated in the heart of Miami and features a 3 bedroom/2 Bath set up with 1,043ft² of living space on a generous 3,903ft² lot. The property also offers a bonus den and side/back patio spaces, offering the perfect blend of comfort and space for a variety of lifestyles. Convenience is key with this property, as it sits near excellent schools, parks, and popular shopping centers. Centrally located between the vibrant neighborhoods of Coral Gables and West Miami, this home offers easy access to major highways and is only a short 15-minute drive to FIU and MIA. Don't miss the opportunity to make this centrally situated gem your new home! Schedule a viewing today! Needs very little TLC to make it perfect!
Unit Size
1,024Ft²
Days on Market
66 days
Land Size
0.09 acres
Price per sqft
$576
Property Type
House
Property Taxes
$309
HOA Dues
-
Year Built
1948
Last updated: 2 months ago (Miami MLS #A11506826)

Price History

Date / Event Date Event Price
Mar 8, 2024 Sold $560,000
Sold
Feb 6, 2024 In contract -
In contract
Jan 25, 2024 Price Decreased $590,000
↓ $10K (1.7%)
Price Decreased
Jan 2, 2024 Listed by Golden View Real Estate & Investments, LLC. $600,000
Listed by Golden View Real Estate & Investments, LLC.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Concrete block
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,903
  • Lot Size Depth Feet: 910
  • Lot Size Frontage Feet: 429
  • Total Building Area: 1,202
  • Gross Building Area: 1,202
  • Building Area: 1,024
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,024
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CORAL WAY PARK
  • Land Acres: 0.09
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CORAL WAY PARK SEC D PB 13-6 LOT 21 LESS S10FT FOR R/W BLK 14 LOT SIZE 42.890 X 91 OR 15531-3371 0592 1 COC 25323-2066 11 2006 1

Ownership

  • Current Owner : LEMUS LARELYS VILLAMIL
  • Previous Owner : DEZENDEGUI DANIEL ALEXANDER
  • Previous Owner 2: DEZENDEGUI MELODY
  • Owner Before Previous Owner: BROWN JASON
  • Owner Before Previous Owner 2: BARBA ANALORENA
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: UNINCORPORATED
  • Census Tract: 005904

Zoning

  • Zoning: 0100

Geography

  • Assessors Map Reference: 212
  • District: 30
  • Parcel: 30-4012-012-0350
  • Block: 14
  • Lot: 21
  • Meridian: SEC 12 TWN 54S RNG 40E
  • Municipality: UNINCORPORATED COUNTY
  • Latitude: 25.7485
  • Longitude: -80.2922

    Address

  • Full Address: 5941 Coral Way
  • Address - House Number: 5941
  • Address - Street Name: Coral
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Miami
  • Carrier Code: C007
  • 4-Digit Zip Code: 2205
  • Zip Code: 33155

Valuation

    Tax

  • Total Area: 1,043
  • Tax Year: 2023
  • Tax Amount: $3,859
  • Tax Rate Code Area: 3000

    Appraisal Valuation

  • Standard Deviation: 0.0939
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 91
  • Final Value: 564,935
  • High Value: 618,003
  • Low Value: 511,868

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $504,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Mar 11, 2024
  • First Open Lien Mortgage Loan Amount: $504,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2054

    Market Valuation

  • Market Total Value: $315,998
  • Market Land Value: $175,635
  • Market Improvement Value: $140,363

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,412

    Sales

  • Current Sale Contract Date: Mar 06, 2024
  • Current Sale Recording Date: Mar 11, 2024
  • Current Sale Transaction ID: 11922962776
  • Current Sale Price: $560,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 188367
  • Previous Sale Recording Date: Jun 21, 2016
  • Previous Sale Contract Date: Jun 20, 2016
  • Previous Sale Amount: $318,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Mar 11, 2024
  • First Mortgage Loan Amount: $504,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: FREEDOM MORTGAGE CORP
  • Previous Mortgage Transaction Date: Jun 21, 2016
  • Previous Mortgage Loan Amount: $312,240
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2046



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
925 ft²
$551/ft²
$510,000 Sep 13, 2023
$510,000 Nov 3, 2023
$456/mo
House
3 Beds
2 Baths
1,534 ft²
$463/ft²
$711,000 Dec 29, 2023
$711,000 Feb 7, 2024
$756/mo
House
2 Beds
1 Bath
775 ft²
$710/ft²
$550,000 Jul 19, 2023
$550,000 Sep 15, 2023
$394/mo
House
2 Beds
1 Bath
1,051 ft²
$0/ft²
$500 Aug 31, 2023
$500 Oct 13, 2023
$435/mo
House
2 Beds
1 Bath
941 ft²
$584/ft²
$550,000 Dec 4, 2023
$550,000 Jan 26, 2024
$344/mo
House
3 Beds
2 Baths
1,510 ft²
$443/ft²
$669,300 Sep 18, 2023
$669,300 Dec 4, 2023
$441/mo
House
3 Beds
2 Baths
1,132 ft²
$508/ft²
$575,000 Jan 8, 2024
-
$701/mo
House
3 Beds
2 Baths
1,350 ft²
$482/ft²
$650,888 Jan 25, 2024
-
$278/mo
House
2 Beds
1 Bath
1,180 ft²
$576/ft²
$680,000 Jan 23, 2024
-
$634/mo
House
2 Beds
1 Bath
1,050 ft²
$648/ft²
$680,000 Mar 4, 2024
-
$629/mo
House
3 Beds
3 Baths
1,540 ft²
$403/ft²
$620,000 Feb 9, 2024
-
$208/mo
House
3 Beds
1 Bath
1,525 ft²
$407/ft²
$620,000 Sep 25, 2023
-
$215/mo

About Coral Terrace


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Frequently Asked Questions

When was property at 5941 Coral Way built and last sold?
The property at 5941 Coral Way was built in 1948 and last sold on Mar 6, 2024 for $560,000.
How much is this home worth?
The estimated value of the home located at 5941 Coral Way is $603,161.
What are some comparable homes to 5941 Coral Way?
Homes that are comparable to 5941 Coral Way include a house property at 5930 Southwest 10th Street, 6315 Southwest 42nd Street, 6736 Southwest 15th Street.

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