NOT LISTED FOR SALE

1040 NE 122nd St North Miami, FL 33161

Estimated Value: $645,000 - $761,000

4 Beds
2 Baths
969 Sq Ft
$747/Sq Ft Est. Value

Last Sold August 26, 2021

Last sale price $487,500 $503 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,804/month

46 Days on Market

Highlights

  • Wood Flooring
  • Sun or Florida Room
  • Patio
  • Garden View
  • No HOA
  • 1-Story Property

About This Home

As of August 2021

SPLIT PLAN 4 BED/ 2 BATH SINGLE FAMILY HOME WITH LOTS OF NATURAL LIGHTING. THIS IS AN ESTATE PROPERTY AND THE SALE IS SUBJECT TO COURT APPROVAL.

Last Agent to Sell the Property

Marcelo Olsak

Florida Brokers Real Estate License #3058500 Listed on: 05/05/2021

Co-Listed By

Danielle Garcia

MMLS Assoc.-Inactive Member License #3297720

Last Buyer's Agent

Fernanda Moreno Harcha

Douglas Elliman License #3294215

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,000

Year Built

  • Built in 1947

Lot Details

  • 10,200 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 0400

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 969 Sq Ft Home
  • 1-Story Property
  • Sun or Florida Room
  • Wood Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Priors 2Nd Addn To Biscay Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-22-29-028-0050

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,000

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1947
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Co List Office Mls Id: FBES01
  • Co List Office Phone: 954-640-9111
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: PRIORS 2ND ADDN TO BISCAY
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Florida Room
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 969
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Living Room Features: Florida Room

Exterior Features

  • Roof: Flat Tile
  • View: Garden
  • Exterior Features: Lighting
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: PRIORS 2ND ADDN TO BISCAY
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 06-22-29-028-0050
  • Lot Size Sq Ft: 10200
  • Zoning: 0400
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2021
Closed on
Aug 24, 2021
Sold by
Shalom 1040 Llc
Bought by
Moreno Maria Fernanda
Seller's Agent
Marcelo Olsak
Florida Brokers Real Estate
Buyer's Agent
Fernanda Moreno Harcha
Douglas Elliman
List Price
$520,000
Sold Price
$487,500
Premium/Discount to List
-$32,500
-6.25%
Current Estimated Value
$723,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,399
Avg. Annual Appreciation
11.50%
Original Mortgage
$390,000
Outstanding Balance
$355,905
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$396,748

Purchase Details

Closed on
Jul 26, 2002
Sold by
Falin 103 Group Inc C
Bought by
Echt Gustavo F and Guerra-Echt Linette M

Purchase Details

Closed on
Sep 17, 2001
Sold by
Picciano Sonya D
Bought by
Blanco Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.98%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Moreno Maria Fernanda $487,500 Attorney
Echt Gustavo F -- --
Blanco Eduardo $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreno Maria Fernanda $390,000
Previous Owner Blanco Eduardo $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2021 08/26/21 Sold $487,500 -6.3% $503 / Sq Ft
05/03/2021 05/03/21 For Sale $520,000 0.0% $537 / Sq Ft
12/15/2014 12/15/14 Rented $1,995 -4.8% --
11/15/2014 11/15/14 Under Contract -- -- --
09/13/2014 09/13/14 For Rent $2,095 +23.2% --
07/03/2012 07/03/12 Rented $1,700 -5.3% --
07/03/2012 07/03/12 For Rent $1,795 -- --
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 $10,322 $505,770 $303,000 $202,770
2024 $9,023 $508,383 $303,000 $205,383
2023 $9,023 $405,295 $242,400 $162,895
2022 $7,220 $367,064 $202,000 $165,064
2021 $4,543 $174,653 $0 $0
2020 $4,000 $210,344 $126,250 $84,094
2019 $3,781 $210,360 $126,250 $84,110
2018 $3,290 $181,637 $106,050 $75,587
2017 $2,930 $118,786 $0 $0
2016 $2,700 $107,988 $0 $0
2015 $2,411 $98,171 $0 $0
2014 $2,175 $89,247 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11036657

MIAMI REALTORS® MLS

APN: 06-2229-028-0050