$269,000 - $293,000
RENTED DEC 24, 2024

Blue Lagoon 5077 NW 7th St Unit 616 Miami, FL 33126

Flagami Neighborhood
1 Bed
1 Bath
685 Sq Ft
$410 Price per Sq Ft

Last Sold October 01, 2024

Last sale price $285,000 $416 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,852/month

About This Home

As of October 2024

Gorgeous 1/1 apartment with a large open balcony located in Blue Lagoon Condominium, close to Coral Gables, Doral, West Miami, Miami Int'l Airport and Downtown Miami. Unit has tile in the kitchen and bathroom, laminated floors in bedroom and living room area, washer & dryer in unit. Community has a pool, Spa, Jacuzzi, Clubhouse, fitness center, billiard tables, BBQ area, child play area & gated, manned guard 24/7. Well maintained building, unit on lock box see brokers remarks for additional showing instructions.
SHOWING AFTER 3 pm

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
Oct 1, 2024
Sold by
5077 Nw 7 St 616 Property Llc
Bought by
Blancas Angela
Seller's Agent
Maria Galarraga
Lifestyle International Realty
Buyer's Agent
Julio Jimenez
Florida Realty of Miami Corp
List Price
$308,000
Sold Price
$285,000
Premium/Discount to List
-$23,000
-7.47%
Views
11
Current Estimated Value
$281,113

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,887
Avg. Annual Appreciation
0.18%
Original Mortgage
$225,600
Interest Rate
6.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2019
Sold by
Galarraga Maria Belen
Bought by
5077 Nw 7 St 616 Property Llc

Purchase Details

Closed on
Feb 9, 2018
Sold by
Wise Strategic Investments Llc
Bought by
Galarraga Maria Belen

Purchase Details

Closed on
May 29, 2013
Sold by
Madruga Ramon
Bought by
Wise Strategic Investments Llc

Purchase Details

Closed on
Sep 29, 2009
Sold by
Wells Fargo Bank Na
Bought by
Madruga Ramon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
9%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 23, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Wells Fargo Bank Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
9%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 18, 2008
Sold by
Sanchez Jesus L
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 25, 2006
Sold by
Blue Lagoon Palace Inc
Bought by
Sanchez Jesus L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,100
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Range of Values:

Collateral Analytics

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ICE

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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
Blancas Angela $285,000 Nu World Title
Blancas Angela $285,000 Nu World Title
5077 Nw 7 St 616 Property Llc -- Attorney
Galarraga Maria Belen $140,600 Coral Gables Title & Escrow
Wise Strategic Investments Llc $135,000 Attorney
Madruga Ramon $60,000 Flagler Land Title Svcs Inc
Wells Fargo Bank Na -- Flagler Land Title Svcs Inc
Federal Home Loan Mortgage Corporation -- None Available
Wells Fargo Bank Na -- None Available
Sanchez Jesus L $258,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Blancas Angela $225,600
Previous Owner Madruga Ramon $35,000
Previous Owner Sanchez Jesus L $245,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2024 12/24/24 Rented $2,000 0.0% --
12/06/2024 12/06/24 Under Contract -- -- --
11/18/2024 11/18/24 For Rent $2,000 0.0% --
11/12/2024 11/12/24 Off Market $2,000 -- --
10/29/2024 10/29/24 For Rent $2,000 0.0% --
10/01/2024 10/01/24 Sold $285,000 -5.9% $416 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
06/12/2024 06/12/24 Price Changed $303,000 -1.6% $442 / Sq Ft
05/08/2024 05/08/24 For Sale $308,000 -- $450 / Sq Ft

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 $3,392 $171,028 -- --
2023 $3,392 $155,480 $0 $0
2022 $2,956 $141,346 $0 $0
2021 $2,730 $128,497 $0 $0
2020 $2,835 $133,127 $0 $0
2019 $2,706 $126,788 $0 $0
2018 $2,529 $120,750 $0 $0
2017 $2,558 $120,750 $0 $0
2016 $2,510 $115,000 $0 $0
2015 $2,414 $108,560 $0 $0
2014 $2,345 $103,390 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Julio Jimenez

    Seller's Agent in 2024

    Julio Jimenez

    Florida Realty of Miami

    (786) 538-2123

    1 in this area

    36 Total Sales

    Julio Jimenez
    Section Image

  • M

    Seller's Agent in 2024

    Maria Galarraga

    Lifestyle International Realty

    (305) 809-8085

    1 in this area

    22 Total Sales

    Maria Galarraga
    Section Image
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About Blue Lagoon

Map

Florida Miami/Dade County Miami 33122 Flagami

5077 NW 7th St Unit 616, Miami, FL

Homes for Sale in Miami, FL

This home is located at 5077 NW 7th St Unit 616, Miami, FL 33126 and is currently estimated at $281,113, approximately $410 per square foot. 5077 NW 7th St Unit 616 is a home located in Miami-Dade County with nearby schools including Henry M. Flagler Elementary School, Kinloch Park Middle School, and South Miami 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.