NOT LISTED FOR SALE

1074 SW 24th Ave Miami, FL 33135

Coral Way Neighborhood

Estimated Value: $993,000 - $1,105,000

3 Beds
3 Baths
2,541 Sq Ft
$415/Sq Ft Est. Value

Last Sold February 24, 2012

Last sale price $140,000 $55 Per Sq Ft

Est. 652% increase in value since last sale

Current estimated payment $6,524/month

30 Days on Market

Highlights

  • No HOA
  • Awning
  • 1-Story Property
  • Ceramic Tile Flooring
  • No Heating
  • 5-minute walk to Bryan Park

About This Home

As of February 2012

Investor's opportunity. Large duplex in desirable area. Sold AS IS. Bank owned, please download all attachments and follow instructions for placing an offer. Financed offers must obtain pre-approval for a RENOVATION loan from Prospect Mtg. Cash offe rs require proof of funds. Click request a showing for lockbox info.

Last Agent to Sell the Property

Augustine Leo

Fortune Christie's Intl R.E. License #0647940 Listed on: 12/28/2011

Fortune Christie's Intl R.E.

Co-Listed By

Wesley Ulloa

Luxe Properties License #3192493

Last Buyer's Agent

Linda Castanon

Real Estate Empire Group, Inc. License #0645351

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • Lot Dimensions are 71x125

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,541 Sq Ft Home
  • 1-Story Property
  • Awning
  • Ceramic Tile Flooring

Utilities

  • No Cooling
  • No Heating

Community Details

  • No Home Owners Association
  • 4 Units
  • Rosemount Condos
  • Rosemount Subdivision

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 01-41-10-019-0040

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1949
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • Lot Size: 71x125
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: ROSEMOUNT
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: 20
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 2541
  • Stories: 1
  • Window Features: Awning

Exterior Features

  • Roof: Shingle
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Handyman Special
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ROSEMOUNT

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-10-019-0040
  • Zoning: 57/GENER
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 5336

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2011
Closed on
Feb 24, 2012
Sold by
Wells Fargo Bank Na
Bought by
Alexas Investment Inc
Seller's Agent
Augustine Leo
Fortune Christie's Intl R.E.
Buyer's Agent
Linda Castanon
Real Estate Empire Group, Inc.
List Price
$150,000
Sold Price
$140,000
Premium/Discount to List
-$10,000
-6.67%
Total Days on Market
30
Current Estimated Value
$1,053,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$913,284
Avg. Annual Appreciation
16.41%

Purchase Details

Closed on
Aug 3, 2011
Sold by
Galarce Dania B
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 30, 2006
Sold by
Reyes Nilda
Bought by
Galarce Luis O and Galarce Dania B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
8%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 31, 2006
Sold by
Reyes Nilda and Reyes Ovilio
Bought by
Reyes Nilda

Purchase Details

Closed on
Feb 3, 2003
Sold by
Reyes Ovilio
Bought by
Reyes Ovilio and Reyes Nilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
5.95%
Source: Public Records

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Range of Values:

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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
Alexas Investment Inc $140,000 None Available
Wells Fargo Bank Na $125,300 None Available
Galarce Luis O $425,000 Attorney
Reyes Nilda $31,800 None Available
Reyes Ovilio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Galarce Luis O $472,080
Previous Owner Galarce Luis O $340,000
Previous Owner Reyes Ovilio $66,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2012 02/24/12 Sold $140,000 -6.7% $55 / Sq Ft
01/27/2012 01/27/12 Pending -- -- --
12/28/2011 12/28/11 For Sale $150,000 -- $59 / 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 $11,203 $784,663 $554,125 $230,538
2023 $11,203 $419,466 $0 $0
2022 $9,726 $381,333 $0 $0
2021 $9,094 $346,667 $0 $0
2020 $8,478 $468,479 $331,045 $137,434
2019 $7,715 $414,980 $277,420 $137,560
2018 $6,816 $360,418 $218,790 $141,628
2017 $6,234 $232,150 $0 $0
2016 $5,842 $211,046 $0 $0
2015 $5,026 $191,860 $0 $0
2014 $4,833 $174,538 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Augustine Leo

    Seller's Agent in 2012

    Augustine Leo

    Fortune Christie's Intl R.E.

    (305) 772-5993

    2 Total Sales

    Augustine Leo
    Section Image
  • Wesley Ulloa

    Seller Co-Listing Agent in 2012

    Wesley Ulloa

    Luxe Properties

    (305) 423-9294

    10 in this area

    547 Total Sales

    Wesley Ulloa
    Section Image

  • L

    Buyer's Agent in 2012

    Linda Castanon

    Real Estate Empire Group, Inc.

    (786) 277-4166

    15 Total Sales

    Linda Castanon
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A1587790

MIAMI REALTORS® MLS

APN: 01-4110-019-0040

Florida Miami/Dade County Miami 33135 Coral Way

1074 SW 24th Ave, Miami, FL

This home is located at 1074 SW 24th Ave, Miami, FL 33135 since 28 December 2011 and is currently estimated at $1,053,284, approximately $414 per square foot. This property was built in 1949. 1074 SW 24th Ave is a home located in Miami-Dade County with nearby schools including Shenandoah Elementary School, Shenandoah Middle School, and 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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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