NOT LISTED FOR SALE

Estimated Value: $462,000 - $688,000

4 Beds
2 Baths
1,847 Sq Ft
$320/Sq Ft Est. Value

Last Sold March 28, 2016

Last sale price $185,000 $100 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $3,896/month

74 Days on Market

Highlights

  • Room in yard for a pool
  • No HOA
  • Laundry Facilities
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Fenced

About This Home

As of March 2016

GREAT TENANTS! - Renovated and fully leased. Unit#1 rented to section 8 / Unit#2 rented non-section 8. Both sides generate over $2,200 combined. Fully gated lot with manicured lawn. The property has a shared washer and dryer. Original wood floors in excellent condition (like new), remolded bathrooms, kitchens, walls, and more. Great opportunity to own a turnkey income producing property with desirable 10% CAP ROI and anticipated appreciation. Very desirable and well maintained duplex! MUST SEE!

Last Agent to Sell the Property

Felix Yero

Propietario Realty, LLC License #3240272 Listed on: 12/07/2015

Last Buyer's Agent

Felix Yero

Propietario Realty, LLC License #3240272 Listed on: 12/07/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,254

Year Built

  • Built in 1948

Lot Details

  • Lot Dimensions are 75x111
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,847 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Pool

  • Room in yard for a pool

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $2,233
  • Rent includes hot water, water
  • Assessor Parcel Number 01-31-14-043-1970

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 14 53 41 Orchard Villa Ex Condos
  • 14 53 41 Orchard Villa Ex Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,254

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • Lot Size: 75x111
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: 14 53 41 ORCHARD VILLA EX
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Living Area: 1847
  • Possible Use: Primary
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Exterior Features: Room For Pool
  • Construction Type: CBS Construction
  • Disclosures: Disclosure
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Completely Renovated
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 14 53 41 ORCHARD VILLA EX

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-14-043-1970
  • Zoning: 57/GENER
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Water

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2254

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Total Actual Rent: 2233

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2024
Sold by
Membreno Leonardo
Bought by
Membreno Leonardo and Leonardo Membreno Living Trust
Current Estimated Value
$591,123

Purchase Details

Listed on
Dec 7, 2015
Closed on
Mar 28, 2016
Sold by
Alayon Gerardo
Bought by
Membreno Leonardo
Seller's Agent
Felix Yero
Propietario Realty, LLC
Buyer's Agent
Felix Yero
Propietario Realty, LLC
List Price
$200,000
Sold Price
$185,000
Premium/Discount to List
-$15,000
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.94%
Original Mortgage
$181,649
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 2014
Sold by
Acquisitions Group Llc
Bought by
Alayon Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 11, 2013
Closed on
May 15, 2013
Sold by
Manning Gloria
Bought by
Acquisitions Group Llc
Seller's Agent
Charbel Abud
Charleemax Realtors
Buyer's Agent
Charbel Abud
Charleemax Realtors
Sold Price
$925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,575
Interest Rate
3.56%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 4, 2005
Sold by
Mccaskill Louis J
Bought by
Doles Malachi

Purchase Details

Closed on
Aug 28, 2004
Sold by
Doles Malachi and Doles Barbara L
Bought by
Mccaskill Louis J
Source: Public Records

Range of Values:

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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
Membreno Leonardo -- None Listed On Document
Membreno Leonardo $185,000 Attorney
Alayon Gerardo $150,000 Sophias Title Services Llc
Acquisitions Group Llc $75,000 Attorney
Doles Malachi -- --
Mccaskill Louis J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Membreno Leonardo $232,000
Previous Owner Membreno Leonardo $181,649
Previous Owner Alayon Gerardo $120,000
Previous Owner Acquisitions Group Llc $67,575
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2016 03/28/16 Sold $185,000 -7.5% $100 / Sq Ft
02/17/2016 02/17/16 Pending -- -- --
12/05/2015 12/05/15 For Sale $200,000 0.0% $108 / Sq Ft
06/11/2013 06/11/13 Rented $925 0.0% --
06/11/2013 06/11/13 For Rent $925 -- --
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 $8,100 $334,101 -- --
2024 $7,661 $303,729 -- --
2023 $7,661 $276,118 $0 $0
2022 $6,918 $244,937 $0 $0
2021 $5,974 $222,670 $0 $0
2020 $5,546 $268,980 $99,941 $169,039
2019 $5,075 $238,126 $66,857 $171,269
2018 $4,448 $194,676 $47,558 $147,118
2017 $3,982 $152,089 $0 $0
2016 $3,549 $127,799 $0 $0
2015 $3,412 $119,292 $0 $0
2014 $2,254 $65,894 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2212434

MIAMI REALTORS® MLS

APN: 01-3114-043-1970