NOT LISTED FOR SALE

1040 SW 4th St Unit 1 Miami, FL 33130

Riverside Neighborhood

Estimated Value: $207,806 - $353,000

2 Beds
1 Bath
659 Sq Ft
$232/mo HOA Fee

Last Sold April 08, 2020

Last sale price $140,000 $212 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,887/month

25 Days on Market

Highlights

  • Porch
  • Courtyard
  • Card or Code Access
  • Clear Impact Glass
  • Patio
  • 5-minute walk to Ernesto Lecuona Park

About This Home

As of April 2020

Great investment opportunity in little Havana! Remodeled in 2006 new concrete roof and hurricane impact windows. 2 bedrooms 1 bathroom unit with updated kitchens and bathrooms and new central A/C unit. The units in the building are currently rented for $1,250 monthly. Additional units available for bulk purchase. Call listing agent for showings.

Last Agent to Sell the Property

Christi Cruz

RE/MAX 360 Real Estate License #3310627 Listed on: 02/11/2020

RE/MAX 360 Real Estate

Co-Listed By

Jorge Cruz

RE/MAX 360 Real Estate License #3309737

Last Buyer's Agent

Jerome Morlot

EXP Realty LLC License #3179963

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,530

Year Built

  • Built in 1964

HOA Fees

  • $232 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Concrete Block And Stucco Construction

Interior Spaces

  • 659 Sq Ft Home
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

Parking

  • 1 Car Parking Space
  • Assigned Parking

Outdoor Features

  • Courtyard
  • Patio
  • Porch

Additional Features

  • North Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-02-063-0010

Community Details

Overview

  • 6 Units
  • The Edges At 4Th St Condo
  • The Edges At 4Th St Condo Subdivision
  • The community has rules related to no recreational vehicles or boats
  • 6-Story Property

Amenities

  • Laundry Facilities

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Clear Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,530

Year Built

Built in 1964

Lot Details

0

HOA Fees

$232 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1964
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Co List Office Mls Id: RXRE01
  • Co List Office Phone: 305-602-0360
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE EDGES AT 4TH ST CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, No Additional Rooms
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 659
  • Possible Use: Primary
  • Stories: 6
  • Window Features: Clear Impact Glass, Impact Glass
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: No Additional Rooms

Exterior Features

  • View: None
  • Exterior Features: Courtyard
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE EDGES AT 4TH ST CONDO
  • Parking Features: 1 Space, Assigned, No Rv/Boats

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Fire Alarm, Smoke Detector, Card Entry

Condo/Co-op/Association

  • Association Fee: 232
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-02-063-0010
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 6
  • Number Of Units Total: 6

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 1530

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2022
Sold by
Mar Violeta Llc
Bought by
Farajzadeh Mohammed H and Nowbakht Shifteh
Total Days on Market
25
Current Estimated Value
$249,952

Purchase Details

Listed on
Feb 11, 2020
Closed on
Apr 3, 2020
Sold by
The Edges At 4 St Llc
Bought by
Mar Violeta Llc
Seller's Agent
Christi Cruz
RE/MAX 360 Real Estate
Buyer's Agent
Jerome Morlot
EXP Realty LLC
List Price
$140,000
Sold Price
$140,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.13%
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 Buyer Sale Price Title Company
Farajzadeh Mohammed H $760,000 San Carlos Title
Mar Violeta Llc $560,000 San Carlos Title Svcs Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2020 04/08/20 Sold $140,000 0.0% $212 / Sq Ft
02/10/2020 02/10/20 For Sale $140,000 -- $212 / 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
2024 $3,022 $147,000 -- --
2023 $3,022 $147,000 $0 $0
2022 $2,090 $101,379 $0 $0
2021 $1,992 $93,739 $0 $0
2020 $1,810 $93,739 $0 $0
2019 $1,678 $89,275 $0 $0
2018 $1,530 $86,675 $0 $0
2017 $1,344 $60,537 $0 $0
2016 $1,214 $55,034 $0 $0
2015 $1,144 $50,031 $0 $0
2014 $1,100 $45,483 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10816327

MIAMI REALTORS® MLS

APN: 01-4102-063-0010