NOT LISTED FOR SALE

1087 NW 51st St Miami, FL 33127

Liberty City Neighborhood

Estimated Value: $531,306 - $652,000

4 Beds
2 Baths
1,511 Sq Ft
$389/Sq Ft Est. Value

Last Sold November 16, 2017

Last sale price $271,600 $180 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,852/month

37 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 4-minute walk to Crestwood Park
  • Ceramic Tile Flooring

About This Home

As of November 2017

Great Investment opportunity, Duplex (2 Units) Rented. Steady Income. NOI +/- 8.6%. Don't disturb the tenants.

Last Agent to Sell the Property

Hugo Lopez

Universal Realty Group, LLC. License #3309360 Listed on: 09/20/2017

Last Buyer's Agent

Karina Conde

Elite Ocean View Realty LLC License #3097679

Elite Ocean View Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,362

Year Built

  • Built in 1947

Lot Details

  • 9,060

Parking

  • 4 Parking Spaces

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,511 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Additional Features

  • Property is zoned R-2
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Bowling Green Subdivision

Listing and Financial Details

  • Rent includes gardener, sewer, water
  • Assessor Parcel Number 01-31-23-006-1530

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,362

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1947
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: Bowling Green
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 1511
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Other
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Bowling Green
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-23-006-1530
  • Zoning: R-2
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Sewer, Water

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2362

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2023
Sold by
Aries Kc Corp
Bought by
Karchu 2 Investments Llc
Current Estimated Value
$587,327

Purchase Details

Listed on
Sep 20, 2017
Closed on
Nov 15, 2017
Sold by
Sky Coast Property 1 Llc
Bought by
Aries Kc Corp
Seller's Agent
Hugo Lopez
Universal Realty Group, LLC.
Buyer's Agent
Karina Conde
Elite Ocean View Realty LLC
List Price
$290,000
Sold Price
$271,600
Premium/Discount to List
-$18,400
-6.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.19%

Purchase Details

Listed on
Aug 4, 2016
Closed on
Sep 30, 2016
Sold by
Swd Group Llc
Bought by
Sky Coast Property 1 Llc
Seller's Agent
Vinod Kulhari
Brickstone Reatly Inc
List Price
$189,000
Sold Price
$189,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.83%

Purchase Details

Closed on
Mar 24, 2014
Sold by
Ramkissoon K
Bought by
Swd Group Llc

Purchase Details

Closed on
Mar 4, 2011
Sold by
Gasal Wilma
Bought by
1087 Bowling Green Land Trust

Purchase Details

Closed on
Jul 31, 2006
Sold by
Jackson Michael
Bought by
Gasal Wilma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
6.74%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 15, 2006
Sold by
Ethridge Virginia and Ethridge William
Bought by
Jackson Michael
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
Karchu 2 Investments Llc -- None Listed On Document
Aries Kc Corp $271,600 Aventura Title Group Inc
Sky Coast Property 1 Llc $189,000 Fidelity National Title Insu
Swd Group Llc $50,000 Next Level Title
1087 Bowling Green Land Trust -- None Available
Gasal Wilma $156,000 Urban Land Title Inc
Jackson Michael -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gasal Wilma $187,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/16/2017 11/16/17 Sold $271,600 -6.3% $180 / Sq Ft
10/23/2017 10/23/17 Pending -- -- --
09/16/2017 09/16/17 For Sale $290,000 0.0% $192 / Sq Ft
03/01/2017 03/01/17 Rented $1,200 -2.0% --
01/09/2017 01/09/17 Under Contract -- -- --
12/22/2016 12/22/16 Price Changed $1,225 -2.0% $1 / Sq Ft
11/23/2016 11/23/16 For Rent $1,250 0.0% --
09/30/2016 09/30/16 Sold $189,000 0.0% $125 / Sq Ft View Prior Sale
08/31/2016 08/31/16 Pending -- -- --
08/04/2016 08/04/16 For Sale $189,000 -- $125 / 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 $9,143 $416,351 $244,170 $172,181
2024 $8,046 $418,442 $243,867 $174,575
2023 $8,046 $317,826 $0 $0
2022 $7,167 $286,944 $0 $0
2021 $6,484 $260,859 $0 $0
2020 $5,825 $239,092 $109,169 $129,923
2019 $5,362 $215,587 $83,976 $131,611
2018 $5,013 $203,075 $76,586 $126,489
2017 $3,762 $141,721 $0 $0
2016 $2,363 $70,786 $0 $0
2015 $2,191 $64,351 $0 $0
2014 $1,976 $53,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Hugo Lopez

    Seller's Agent in 2017

    Hugo Lopez

    Universal Realty Group, LLC.

    (786) 999-3558

    71 Total Sales

    Hugo Lopez
    Section Image

  • I

    Seller's Agent in 2017

    Irma Backevicius

    Universal Realty Group, LLC.

    (305) 599-1404

    1 in this area

    25 Total Sales

    Irma Backevicius
    Section Image

  • K

    Buyer's Agent in 2017

    Karina Conde

    Elite Oceanview Realty

    (305) 357-0676

    2 in this area

    25 Total Sales

    Karina Conde
    Section Image

  • V

    Seller's Agent in 2016

    Vinod Kulhari

    Brickstone Reatly Inc

    2 Total Sales

    Vinod Kulhari
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10342716

MIAMI REALTORS® MLS

APN: 01-3123-006-1530

Florida Miami/Dade County Miami 33127 Liberty City

1087 NW 51st St, Miami, FL

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