6040 NW 8th Ave, Miami, FL 33127
Sold on 12/14/12: $40,000
A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more
- Bedrooms:4 beds
- Bathrooms:2 baths
- Multiple Occupancy:1,411 sq ft
- Lot:6,532 sqft
- Year Built:1955
- Last Sold:Dec 2012 for $40,000
- Heating Type:Contact for details
- Basement TypeUnknown
- Floor CoveringUnknown
- Construction Quality1.0
- Days on Zillow361
- Last Remodel Year1975
- Lot Depth92
- Lot Width71
- Parcel #0131140220080
- Roof TypeOther
- # Stories1.0
- Unit Count2
- Zillow Home ID43809240
|Value||Range||30-day change||$/sqft||Last updated|
|Zestimate What's this?||$83,065||$71K – $96K||-$370||$58||12/05/2013|
|Rent Zestimate What's this?||$1,351/mo||$1.1K – $1.7K/mo||+$3||$0.96||11/25/2013|
Zillow predicts Miami home values will increase 6.9% next year, compared to a 3.4% rise for Miami-Fort Lauderdale Metro as a whole. Among Miami homes, this home is valued 66% less than the midpoint (median) home, and is valued 85.3% less per square foot.
Foreclosures will be a factor impacting home values in the next several years. In the Miami market, the number of foreclosures waiting to be sold fell 9.4% in the last year. The number of unsold foreclosures is 41.4% greater than in Miami-Fort Lauderdale Metro, and 255.8% greater than the national average. This higher local number may prevent Miami home values from rising as quickly as other regions in Miami-Fort Lauderdale Metro.
Learn more about forecast calculations or Miami home values.
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