$440,000
SOLD MAR 4, 2022
-- Bed
-- Bath
1,812 Sq Ft
5,532 Sq Ft Lot

Recently Sold

$243 Per Sq Ft

15% Below List Price

90 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring

About This Home

As of March 2022

GREAT INCOME PRODUCING INVESTMENT PROPERTY. DUPLEX. BOTH UNITS ARE TENANT OCCUPIED WITH RENTAL INCOME OF TOTAL $2900. PARTIALLY UPDATED. 2 SEPARATE ELECTRIC METERS, TENANT PAYS. OWNER PAYS FOR LAWN CARE AND WATER UP TO $200 AND TENANTS PAY THE BALANCE. 2 PARKING SPACES FOR BOTH UNITS.
PLEASE DO NOT DISTURB TENANTS. SHOWINGS ONLY WITH AN EXECUTED CONTRACT.

Last Agent to Sell the Property

Alexander Morello

MTRE Groupe LLC License #3362298 Listed on: 11/03/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,684

Year Built

  • Built in 1950

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,812 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Mercer Park Condos
  • Mercer Park Subdivision

Listing and Financial Details

  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 74434328130060120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,684

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1950
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: MERCER PARK
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1812
  • 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: MERCER PARK
  • 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: 74434328130060120
  • Zoning: MF14 (ci
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4684

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Mar 3, 2022
Sold by
Prince & Fox Properties Llc
Bought by
Perlin Andrew
Seller's Agent
Alexander Morello
MTRE Groupe LLC
List Price
$520,000
Sold Price
$440,000
Premium/Discount to List
-$80,000
-15.38%
Total Days on Market
90
Current Estimated Value
$656,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,153
Avg. Annual Appreciation
11.68%
Original Mortgage
$357,000
Outstanding Balance
$334,744
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$313,666

Purchase Details

Listed on
Jun 8, 2021
Closed on
Jul 22, 2021
Sold by
Luciano Matthew A and Luciano Amanda O
Bought by
Prince & Fox Properties Llc
Seller's Agent
Jeff Tuchklaper
Compass Florida, LLC
List Price
$340,000
Sold Price
$324,000
Premium/Discount to List
-$16,000
-4.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.82%
Original Mortgage
$211,250
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 9, 2018
Closed on
Aug 10, 2018
Sold by
Moyal Ely
Bought by
Luciano Matthew A and Luciano Amanda O
Seller's Agent
Douglas Shuster
Keller Williams Realty Consultants
Buyer's Agent
Amanda Glass
Sandals Realty Group, Inc.
List Price
$269,000
Sold Price
$250,000
Premium/Discount to List
-$19,000
-7.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.19%
Original Mortgage
$187,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 25, 2013
Closed on
May 10, 2013
Sold by
Ftc Group Llc
Bought by
Moyal Ely
Seller's Agent
Mustafa Altinok
Capital Investments R.E. Corp.
List Price
$139,000
Sold Price
$120,000
Premium/Discount to List
-$19,000
-13.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.00%

Purchase Details

Listed on
Jul 12, 2012
Closed on
Dec 31, 2012
Sold by
Mccarthy Richard
Bought by
Ftc Group Llc
Seller's Agent
Simone Oladejo
Gulfstream Realty Solutions, Inc
Buyer's Agent
Simone Oladejo
Gulfstream Realty Solutions, Inc
List Price
$110,000
Sold Price
$37,900
Premium/Discount to List
-$72,100
-65.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2356.94%

Purchase Details

Closed on
Nov 18, 2000
Sold by
Cedar Fidelity Trust
Bought by
Mccarthy Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,250
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2000
Sold by
Clerk Of The Circuit Court
Bought by
Cedar Fidelity Trust Llc

Purchase Details

Closed on
Oct 23, 1997
Sold by
Rodberg Property Inc
Bought by
Detoma John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,400
Interest Rate
7.55%
Mortgage Type
New Conventional
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 $440,000 Law Services Pa
Warranty Deed $324,000 Normandy Title & Law Svcs Pa
Warranty Deed $250,000 Title Alliance Professionals
Warranty Deed $120,000 K Title Company Llc
Warranty Deed $37,900 Nautica Title Usa Inc
Deed $52,500 --
Deed $40,100 --
Warranty Deed $72,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $357,000 New Conventional
Previous Owner $211,250 New Conventional
Previous Owner $187,500 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $67,954 New Conventional
Previous Owner $68,250 New Conventional
Previous Owner $50,500 Balloon
Previous Owner $50,400 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2022 03/04/22 Sold $440,000 -15.4% $243 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
11/03/2021 11/03/21 For Sale $520,000 +60.5% $287 / Sq Ft
07/22/2021 07/22/21 Sold $324,000 -4.7% $179 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
06/08/2021 06/08/21 For Sale $340,000 +36.0% $188 / Sq Ft
08/10/2018 08/10/18 Sold $250,000 -7.1% $138 / Sq Ft
07/11/2018 07/11/18 Pending -- -- --
06/09/2018 06/09/18 For Sale $269,000 +124.2% $148 / Sq Ft
05/10/2013 05/10/13 Sold $120,000 -13.7% $66 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
01/25/2013 01/25/13 For Sale $139,000 +266.8% $77 / Sq Ft
12/31/2012 12/31/12 Sold $37,900 -65.5% $21 / Sq Ft
12/01/2012 12/01/12 Pending -- -- --
07/12/2012 07/12/12 For Sale $110,000 -- $61 / 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 $7,385 $383,093 -- --
2023 $7,728 $397,543 $0 $0
2022 $7,159 $320,622 $0 $0
2021 $5,212 $236,125 $68,000 $168,125
2020 $4,684 $195,430 $68,000 $127,430
2019 $4,774 $197,422 $68,000 $129,422
2018 $2,969 $129,539 $42,621 $86,918
2017 $2,659 $109,957 $23,039 $86,918
2016 $2,624 $106,117 $0 $0
2015 $2,799 $110,601 $0 $0
2014 -- $100,546 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11120376

MIAMI REALTORS® MLS

APN: 74-43-43-28-13-006-0120