NOT LISTED FOR SALE

12245 NE 9th Ave North Miami, FL 33161

Estimated Value: $645,000 - $790,000

5 Beds
2 Baths
1,949 Sq Ft
$361/Sq Ft Est. Value

Sale Details

Date Sold: February 2, 2021

Last sale price $465,000 $239 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,747 / mo

101 Days on Market

Highlights

  • Built in 1946 | Newly Remodeled
  • Wood Flooring
  • Patio
  • Room in yard for a pool
  • No HOA
  • Central Heating and Cooling System

About This Home

As of February 2021

GREAT INVESTMENT OPPORTUNITY! BEAUTIFUL 2 STORIES CORNER DUPLEX LOCATED JUST ONE BLOCK NORTH FROM BISCAYNE PARK. VERY LARGE LOT (11,000 SQF), SUITABLE 2 BUILD A SEPARATE DUPLEX OR MULTI-FAMILY BUILDING (ZONED R-5). STEPS TO ALL SHOPS, CAFES AND RESTURANTS ON 125 ST AND BISCAYNE. ALSO CLOSE TO AVENTURA MALL AND THE BEACHES. AS IS. CORPORATE OWNED. OWNER/AGENT. NO SUBJECT TO APPRAISSAL. ALL INFORMATION IS BELIEVED ACCURATE BUT NOT GUARANTEED. JUST REDUCED.

Last Agent to Sell the Property

Eduardo Nunez

Global Luxury Realty LLC License #701580 Listed on: 05/02/2020

Global Luxury Realty LLC

Last Buyer's Agent

Attila Yildiz

Coldwell Banker Realty License #3276282

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,152

Year Built

  • Built in 1946 | Newly Remodeled

Lot Details

  • Fenced

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,949 Sq Ft Home
  • 2-Story Property
  • Blinds

Flooring

  • Wood
  • Tile

Outdoor Features

  • Room in yard for a pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • Total Actual Rent $37,800
  • Rent includes gardener, sewer, trash collection
  • Assessor Parcel Number 06-22-30-040-0270

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Eight Ave Manors Plat Condos
  • Eight Ave Manors Plat Subdivision

Building Details

  • Operating Expense $7,407

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,152

Year Built

Built in 1946 | Newly Remodeled

Lot Details

10,585 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1946
  • Property Sub Type: Duplex
  • Architectural Style: Attached, Other
  • Directions: USE GPS
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: EIGHT AVE MANORS PLAT
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile, Wood
  • Living Area: 1949
  • Possible Use: Investment
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Roof: Shingle
  • Exterior Features: Room For Pool
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: EIGHT AVE MANORS PLAT
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump/Reverse Cycle
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 06-22-30-040-0270
  • Zoning: 3700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Sewer, Trash Collection

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5152

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Operating Expense: 7407
  • Total Actual Rent: 37800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2020
Closed on
Feb 2, 2021
Sold by
Fabedu Corporation
Bought by
Smak Llc
Seller's Agent
Eduardo Nunez
Global Luxury Realty LLC
Buyer's Agent
Attila Yildiz
Coldwell Banker Realty
List Price
$489,000
Sold Price
$465,000
Premium/Discount to List
-$24,000
-4.91%
Current Estimated Value
$704,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,488
Avg. Annual Appreciation
8.40%
Original Mortgage
$558,000
Outstanding Balance
$320,150
Interest Rate
2.6%
Mortgage Type
Commercial
Estimated Equity
$384,338

Purchase Details

Closed on
Mar 11, 2016
Sold by
Saladrigas Eric
Bought by
Fabedu Corporation

Purchase Details

Closed on
Jan 21, 2003
Sold by
Cire Properties Inc
Bought by
Saladrigas Eric

Purchase Details

Closed on
Jan 23, 2001
Sold by
Ortiz Jose and Moreno Jose Moreno
Bought by
Rodriguez Orlando

Purchase Details

Closed on
Jan 19, 2001
Sold by
Atwell Craig T
Bought by
Ortiz Jose and Moreno Jose

Purchase Details

Closed on
Sep 21, 1994
Sold by
Joseph Eric
Bought by
Atwell Craig T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
8.51%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Smak Llc $465,000 Boutique Title Partners Llc
Fabedu Corporation $255,000 Attorney
Saladrigas Eric -- --
Rodriguez Orlando $137,000 --
Ortiz Jose $117,000 --
Atwell Craig T $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smak Llc $558,000
Previous Owner Atwell Craig T $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2021 02/02/21 Sold $465,000 -2.7% $239 / Sq Ft
11/10/2020 11/10/20 Price Changed $478,000 -0.2% $245 / Sq Ft
10/07/2020 10/07/20 Price Changed $479,000 -2.0% $246 / Sq Ft
09/09/2020 09/09/20 For Sale $489,000 0.0% $251 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
06/24/2020 06/24/20 Price Changed $489,000 -1.0% $251 / Sq Ft
06/01/2020 06/01/20 Price Changed $494,000 -1.0% $253 / Sq Ft
05/09/2020 05/09/20 Price Changed $499,000 -5.0% $256 / Sq Ft
05/02/2020 05/02/20 For Sale $525,000 0.0% $269 / Sq Ft
01/07/2017 01/07/17 Rented $1,690 -9.9% --
11/03/2016 11/03/16 For Rent $1,875 -- --
Source: MIAMI REALTORS® MLS

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 $11,435 $540,122 -- --
2024 $10,446 $491,020 -- --
2023 $10,446 $446,382 $0 $0
2022 $9,030 $405,802 $253,896 $151,906
2021 $6,470 $271,110 $0 $0
2020 $5,797 $266,375 $190,422 $75,953
2019 $5,152 $224,059 $148,106 $75,953
2018 $5,053 $224,059 $148,106 $75,953
2017 $5,108 $224,059 $0 $0
2016 $3,669 $127,899 $0 $0
2015 $3,609 $116,272 $0 $0
2014 $2,746 $105,702 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10853055

MIAMI REALTORS® MLS

APN: 06-2230-040-0270

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