NOT LISTED FOR SALE

Estimated Value: $847,233 - $1,236,000

5 Beds
2 Baths
2,276 Sq Ft
$459/Sq Ft Est. Value

Last Sold January 28, 2016

Last sale price $355,000 $156 Per Sq Ft

Est. 194% increase in value since last sale

Current estimated payment $6,487/month

55 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • 5-minute walk to Domino Park

About This Home

As of January 2016

Big Price Reduction! Desirable duplex located in the heart of Miami; Great Deal - Two houses in one LOT. Conveniently close to littler Havana, downtown & Brickell. Great find that can be used for a big family or a rental property investment! Both units a re 3/2. It needs some TLC. Excellent Investment Opportunity! This is an Estate sale.

Last Agent to Sell the Property

Maria Chiappy

MMLS Assoc.-Inactive Member License #3177377 Listed on: 09/18/2015

Last Buyer's Agent

Katherina Santana

Keller Williams Capital Realty License #3179796

Keller Williams Capital Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,157

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 60x125

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,276 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • 2Nd Westmoreland Add Condos
  • 2Nd Westmoreland Add Subdivision

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 01-41-11-015-0220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,157

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1928
  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Horses: No
  • Lot Size: 60x125
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: 2ND WESTMORELAND ADD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2276
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: 2ND WESTMORELAND ADD
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-11-015-0220
  • Zoning: 57/GENER
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 4157

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 10, 2018
Sold by
Trip For Freedom Llc
Bought by
Villabona Diaz Clara I
Current Estimated Value
$1,043,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,000
Outstanding Balance
$357,526
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$686,032

Purchase Details

Listed on
Sep 18, 2015
Closed on
Jan 22, 2016
Sold by
Jimenez Mayda and Ojeda Michael
Bought by
Trip For Freedom Llc
Seller's Agent
Maria Chiappy
MMLS Assoc.-Inactive Member
Buyer's Agent
Katherina Santana
Keller Williams Capital Realty
List Price
$399,000
Sold Price
$355,000
Premium/Discount to List
-$44,000
-11.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.47%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Villabona Diaz Clara I $540,000 Attorney
Trip For Freedom Llc $360,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villabona Diaz Clara I $405,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2016 01/28/16 Sold $355,000 -11.0% $156 / Sq Ft
11/09/2015 11/09/15 Pending -- -- --
09/15/2015 09/15/15 For Sale $399,000 -- $175 / 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 $12,240 $581,211 -- --
2024 $11,371 $528,374 -- --
2023 $11,371 $480,340 $0 $0
2022 $9,977 $436,673 $0 $0
2021 $9,194 $396,976 $266,400 $130,576
2020 $8,962 $385,110 $261,960 $123,150
2019 $9,003 $386,167 $261,960 $124,207
2018 $7,805 $358,007 $238,140 $119,867
2017 $7,040 $296,426 $0 $0
2016 $5,302 $181,248 $0 $0
2015 $4,811 $164,771 $0 $0
2014 $4,157 $149,792 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2176764

MIAMI REALTORS® MLS

APN: 01-4111-015-0220