$641,000
SOLD APR 4, 2023
3 Beds
3 Baths
1,410 Sq Ft
9,950 Sq Ft Lot

Recently Sold

$455 Per Sq Ft

29% Below List Price

55 Days on Market

Highlights

  • 9,950 Sq Ft lot
  • Tile Flooring
  • Central Air
  • No HOA
  • 1-Story Property
  • Fenced

About This Home

As of April 2023

Sought-after 3/3 single-family home on double lot on SW 8th Avenue and 10th Street just minutes away from Downtown Miami, the Roads, Brickell, and more. Although the home is in great condition, come and imagine the potential for updates and renovations. One unique feature of the house is its potential for being split into two separate units, making it an attractive option for those who are looking for an investment opportunity or a place to house multiple families. This property offers a great combination of spacious living and versatility, making it a valuable asset for those who are looking for a property that meets their specific needs.

Great investment opportunity for development of second lot for rental income. Area is zoned for multifamily dwellings.

Last Agent to Sell the Property

Elaine Perez

The Elaine Group, Inc. License #3326121 Listed on: 02/07/2023

Co-Listed By

Aida Maria Pimentel

Maven Home Realty, LLC. License #0621380

Last Buyer's Agent

Elaine Perez

The Elaine Group, Inc. License #3326121 Listed on: 02/07/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,673

Year Built

  • Built in 1920

Lot Details

  • 9,950 Sq Ft Lot
  • Southwest Facing Home
  • Fenced
  • Property is zoned 5700

Home Design

  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • 1,410 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Pearsons Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-38-013-0070

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,673

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1920
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Co List Office Mls Id: TEGR01
  • Co List Office Phone: 786-287-4344
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: PEARSONS SUB
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, No Additional Rooms
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1410
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level
  • Living Room Features: No Additional Rooms

Exterior Features

  • Roof: Shingle
  • View: None
  • Construction Type: Frame With Stucco
  • Direction Faces: Southwest
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PEARSONS SUB
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-38-013-0070
  • Lot Size Sq Ft: 9950
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 10673

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2023
Closed on
Apr 4, 2023
Sold by
Pimentel German
Bought by
Kaya Abdullah Sarp
Seller's Agent
Elaine Perez
The Elaine Group, Inc.
Buyer's Agent
Elaine Perez
The Elaine Group, Inc.
List Price
$900,000
Sold Price
$641,000
Premium/Discount to List
-$259,000
-28.78%
Current Estimated Value
$1,095,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$454,884
Avg. Annual Appreciation
27.59%
Original Mortgage
$608,950
Outstanding Balance
$592,991
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$568,696

Purchase Details

Closed on
Jun 26, 2018
Sold by
Alonso Adriano
Bought by
Pimentel German

Purchase Details

Closed on
Jun 6, 2008
Sold by
Pimentel German and Pimentel Marcia
Bought by
Alonso Adriano

Purchase Details

Closed on
Nov 24, 2004
Sold by
Pimentel Marcia Tiloe and Pimentel German
Bought by
Pimentel German and Pimentel Marcia Tiloe

Purchase Details

Closed on
Jan 13, 2003
Sold by
Pimentel Aida M
Bought by
Pimentel Marcia Tiloe and Pimentel Aida M

Purchase Details

Closed on
May 9, 2002
Sold by
German Pimentel M and Marcia T Pimentel M
Bought by
Pimentel Aida M

Purchase Details

Closed on
Mar 5, 1996
Sold by
Sanabria Angel and Sanabria Angela
Bought by
Pimentel German and Pimentel Marica F

Purchase Details

Closed on
Dec 3, 1993
Sold by
Gonzalez Juan Antonio and Gonzalez Ernestina Eneida
Bought by
Sanabria Angel and Sanabria Angela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,450
Interest Rate
6.85%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $641,000 None Listed On Document
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- Courtesy Title Services Inc
Interfamily Deed Transfer -- Courtesy Title Services Inc
Quit Claim Deed -- --
Warranty Deed $83,000 --
Warranty Deed $70,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $608,950 New Conventional
Previous Owner $68,000 New Conventional
Previous Owner $70,450 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold $641,000 -4.3% $455 / Sq Ft
02/21/2023 02/21/23 Price Changed $669,900 -25.6% $475 / Sq Ft
02/07/2023 02/07/23 For Sale $900,000 -- $638 / Sq Ft
Source: MIAMI REALTORS® MLS

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
2025 $15,045 $796,216 -- --
2024 $12,041 $773,777 $666,547 $107,230
2023 $12,041 $520,219 $0 $0
2022 $10,673 $472,927 $0 $0
2021 $9,263 $418,092 $352,946 $65,146
2020 $9,155 $412,017 $346,871 $65,146
2019 $9,175 $412,017 $346,871 $65,146
2018 $5,477 $380,483 $315,337 $65,146
2017 $4,770 $162,134 $0 $0
2016 $4,420 $147,395 $0 $0
2015 $3,857 $133,996 $0 $0
2014 $3,526 $121,815 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11339498

MIAMI REALTORS® MLS

APN: 01-4138-013-0070