NOT LISTED FOR SALE

1175 NW 40th St Miami, FL 33127

Liberty City Neighborhood

Estimated Value: $562,000 - $625,000

0.21 Acre
$2,834,110 Price per Acre
9,341 Sq Ft Lot

Last Sold April 25, 2017

Last sale price $79,000 $103 Per Sq Ft

Est. 653% increase in value since last sale

Current estimated payment $3,715/month

4 Days on Market

Highlights

  • No HOA
  • Landscaped with Trees
  • Fenced

About This Lot

As of April 2017

Two lots, cash, 30 day closing, 7-day due diligence. Seller is demolishing building and will provide good title at closing. Lots are restricted to one duplex on both lots or one single family on each of the lots.

Last Agent to Sell the Property

Jerry Flick

MMLS Assoc.-Inactive Member License #0027381 Listed on: 02/23/2017

Last Buyer's Agent

Esther Ortiz

Olde Towne Inter'l Rlty License #0384350

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,791

Lot Details

  • 9,341 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Landscaped with Trees
  • Property is zoned 5700

Community Details

  • No Home Owners Association
  • Covington Manor Condos
  • Covington Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-23-020-0070

Property Details

Property Type

Land

Est. Annual Taxes

$1,791

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Horses: No
  • Lot Size Acres: 0.21
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: COVINGTON MANOR
  • Special Features: None

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Fenced, Other
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: COVINGTON MANOR

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-23-020-0070
  • Additional Parcels: No
  • Current Use: Zoned Duplex, Other Usage
  • Development Status: Other
  • Lot Size Sq Ft: 9341
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1791

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2017
Closed on
Apr 25, 2017
Sold by
The Housing League Holdings 4 Llc
Bought by
Housing Development Llc
Seller's Agent
Jerry Flick
MMLS Assoc.-Inactive Member
Buyer's Agent
Esther Ortiz
Olde Towne Inter'l Rlty
List Price
$79,000
Sold Price
$79,000
Current Estimated Value
$595,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$516,163
Avg. Annual Appreciation
26.75%

Purchase Details

Closed on
May 28, 2014
Sold by
The Bank Of New York Mellon
Bought by
Bank Of America Na

Purchase Details

Closed on
Dec 19, 2013
Sold by
Labori Roberto
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Apr 5, 2005
Sold by
Rippes Carlos M
Bought by
Labori Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
9.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2002
Sold by
Jubilee Realty
Bought by
Rippes Carlos M

Purchase Details

Closed on
Oct 7, 1998
Sold by
Wilcox Patricia J
Bought by
Realty Jubilee
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
Housing Development Llc $59,250 Qualified Title Services Llc
Bank Of America Na $19,800 Attorney
The Housing League Holdings 4 Llc -- Attorney
The Bank Of New York Mellon $67,100 None Available
Labori Roberto $105,000 Florida Title Authority
Rippes Carlos M -- --
Realty Jubilee $18,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Labori Roberto $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/25/2017 04/25/17 Sold $79,000 0.0% $103 / Sq Ft
02/27/2017 02/27/17 Pending -- -- --
02/23/2017 02/23/17 For Sale $79,000 -- $103 / 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 $7,201 $350,361 -- --
2024 $1,962 $318,510 -- --
2023 $1,962 $66,475 $0 $0
2022 $1,444 $60,432 $0 $0
2021 $1,297 $54,939 $0 $0
2020 $1,281 $80,391 $78,771 $1,620
2019 $1,470 $62,233 $60,593 $1,640
2018 $2,306 $91,966 $39,618 $52,348
2017 $1,455 $46,057 $0 $0
2016 $1,791 $61,024 $0 $0
2015 $1,614 $55,477 $0 $0
2014 $1,381 $44,153 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2017

    Jerry Flick

    MMLS Assoc.-Inactive Member

    Section Image

  • E

    Buyer's Agent in 2017

    Esther Ortiz

    Olde Towne Inter'l Rlty

    2 in this area

    75 Total Sales

    Esther Ortiz
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10230561

MIAMI REALTORS® MLS

APN: 01-3123-020-0070

Florida Miami/Dade County Miami 33127 Liberty City

1175 NW 40th St, Miami, FL

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