$560,000
SOLD FEB 2, 2022

12 NE 89th St El Portal, FL 33138

3 Beds
2 Baths
2,198 Sq Ft
6,950 Sq Ft Lot

Recently Sold

$255 Per Sq Ft

7% Below List Price

235 Days on Market

Highlights

  • Newly Remodeled
  • In-Law or Guest Suite
  • 1-Story Property
  • No HOA
  • Ceramic Tile Flooring
  • North Facing Home

About This Home

As of October 2022

Calling all contractors. Handyman special. 2200 SF property on approx. 7000 SF lot. + garage. Can easily be converted to a 4 bedroom, 3 bathroom home. Home is located in prime El Portal neighborhood with great appreciation potential. Cash deals only.

Last Agent to Sell the Property

Charles Morganstern

Vanguard Properties International License #0674419 Listed on: 07/02/2021

Vanguard Properties International

Co-Listed By

Adriana Faerman

Compass Florida, LLC License #3011802

Compass Florida, LLC

Last Buyer's Agent

Adriana Faerman

Compass Florida, LLC License #3011802

Compass Florida, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,262

Year Built

  • Built in 1949 | Newly Remodeled

Lot Details

  • 6,950 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Barrel Roof Shape

Interior Spaces

  • 2,198 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Schools

  • Miami Shores Elementary School
  • Horace Mann Middle School
  • Miami Edison High School

Utilities

  • No Cooling
  • No Heating
  • Septic Tank

Community Details

  • No Home Owners Association
  • El Portal Sec 5 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-31-01-029-0070

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,262

Year Built

Built in 1949 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1949
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story, Other
  • Co List Office Mls Id: OSIR08
  • Co List Office Phone: 305-887-2291
  • Directions: GPS. Prime El Portal location.
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: EL PORTAL SEC 5
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Separate Guest/In-Law Quarters
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor, Other
  • Furnished: Unfurnished
  • Living Area: 2198
  • Possible Use: Investment
  • Bedroom Features: Entry Level
  • Living Room Features: Separate Guest/In-Law Quarters

Exterior Features

  • Roof: Barrel Roof
  • View: None
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: EL PORTAL SEC 5
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Miami Shores
  • High School: Miami Edison
  • Middle Or Junior School: Horace Mann

Lot Info

  • Parcel Number: 18-31-01-029-0070
  • Lot Size Sq Ft: 6950
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2262

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2022
Closed on
Oct 14, 2022
Sold by
Olympus Flips Llc
Bought by
Serota David and Quidiello Zabrina
Seller's Agent
Shane Graber
Graber Realty Group LLC
Buyer's Agent
Wendi Rosen
Keller Williams Realty Miami Beach
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%
Views
41
Current Estimated Value
$1,325,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,911
Avg. Annual Appreciation
6.75%
Original Mortgage
$920,000
Outstanding Balance
$886,583
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$500,396

Purchase Details

Listed on
Jul 2, 2021
Closed on
Jan 31, 2022
Sold by
Virginia Joseph
Bought by
Olympus Flips Llc
Seller's Agent
Charles Morganstern
Vanguard Properties International
Buyer's Agent
Adriana Faerman
Compass Florida, LLC
List Price
$599,000
Sold Price
$560,000
Premium/Discount to List
-$39,000
-6.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
179.54%
Original Mortgage
$564,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2002
Sold by
Limone Joseph M and Limone Virginia Joseph
Bought by
Joseph Limone and Joseph Virginia

Purchase Details

Closed on
Aug 27, 1993
Sold by
Guillard Dominique
Bought by
Joseph Limone and Joseph Virginia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,434
Interest Rate
7.24%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $1,150,000 --
Warranty Deed $560,000 Zendegui Law Group Pa
Quit Claim Deed -- --
Warranty Deed $90,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $920,000 New Conventional
Previous Owner $564,000 New Conventional
Previous Owner $255,285 New Conventional
Previous Owner $255,285 New Conventional
Previous Owner $160,000 Fannie Mae Freddie Mac
Previous Owner $90,434 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2022 10/14/22 Sold $1,150,000 -4.2% $595 / Sq Ft
09/10/2022 09/10/22 Pending -- -- --
09/04/2022 09/04/22 For Sale $1,200,000 0.0% $621 / Sq Ft
09/04/2022 09/04/22 Off Market $1,200,000 -- --
08/24/2022 08/24/22 For Sale $1,200,000 +114.3% $621 / Sq Ft
02/02/2022 02/02/22 Sold $560,000 -6.5% $255 / Sq Ft
06/12/2021 06/12/21 For Sale $599,000 -- $273 / 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 $23,013 $1,028,034 $382,250 $645,784
2024 $22,427 $1,009,805 -- --
2023 $22,427 $980,394 $319,590 $660,804
2022 $2,379 $125,400 $0 $0
2021 $2,342 $121,748 $0 $0
2020 $2,262 $120,068 $0 $0
2019 $2,151 $117,369 $0 $0
2018 $2,048 $115,181 $0 $0
2017 $2,014 $112,812 $0 $0
2016 $1,971 $110,492 $0 $0
2015 $1,981 $109,724 $0 $0
2014 $1,992 $108,854 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11060173

MIAMI REALTORS® MLS

APN: 18-3101-029-0070