$142,000
SOLD OCT 17, 2016 RENTED SEP 17, 2024

124 Mendoza Ave Unit 2A Coral Gables, FL 33134

Douglas Neighborhood
-- Bed
1 Bath
255 Sq Ft
$195/mo HOA Fee

Recently Sold

$557 Per Sq Ft

2% Below List Price

20 Days on Market

Highlights

  • Wood Flooring
  • Old Spanish Architecture
  • Walk-In Closet
  • Coral Gables Preparatory Academy Rated A-
  • Furnished
  • 1-minute walk to Phillips Park

About This Home

As of June 2023

GREAT INVESTOR'S OPPORTUNITY! Fully remodeled, Fully furnished and Fully equipped unit with tenant in place on a 1 year lease! Location is perfect, right in the heart of Coral Gables with easy access to everything. Tenant paying $16,800 yearly, Annual Taxes just $966, low HOA of only $195; which gives an astonishing 9.3% Cap Return!

Last Agent to Sell the Property

Julian Osuna

Keller Williams Capital Realty License #3307373 Listed on: 09/01/2016

Keller Williams Capital Realty

Last Buyer's Agent

Monica Soria

MMLS Assoc.-Inactive Member License #3295714

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $966

Year Built

  • Built in 1927

HOA Fees

  • $195 Monthly HOA Fees

Home Design

  • Old Spanish Architecture
  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 255 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Awning
  • Wood Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • Studio bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 03-41-08-108-0040

Community Details

Overview

  • Mendoza Condo

Pet Policy

  • No Pets Allowed

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$966

Year Built

Built in 1927

Lot Details

0

HOA Fees

$195 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1927
  • Property Sub Type: Condominium
  • Architectural Style: Old Spanish
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 1
  • Flooring: Wood
  • Furnished: Furnished
  • Living Area: 255
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: Studio

Exterior Features

  • View: Other View
  • Construction Type: CBS Construction
  • Patio And Porch Features: Awning(s)
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: MENDOZA CONDO
  • Parking Features: None

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Other

Condo/Co-op/Association

  • Association Fee: 195
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 03-41-08-108-0040
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 195

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 966

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2016
Closed on
Oct 17, 2016
Sold by
Rozofam Llc
Bought by
Kroger Dennis and Kroger Caroline
Seller's Agent
Julian Osuna
Keller Williams Capital Realty
Buyer's Agent
Monica Soria
MMLS Assoc.-Inactive Member
List Price
$144,900
Sold Price
$142,000
Premium/Discount to List
-$2,900
-2%
Current Estimated Value
$243,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,729
Avg. Annual Appreciation
5.14%

Purchase Details

Listed on
Nov 25, 2014
Closed on
Dec 29, 2014
Sold by
Achu Luis Felipe Eguia
Bought by
Rozofam Llc
Seller's Agent
Carito Eguia
Factory Realty
Buyer's Agent
Julian Osuna
Keller Williams Capital Realty
List Price
$89,900
Sold Price
$104,000
Premium/Discount to List
$14,100
15.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.89%

Purchase Details

Closed on
Mar 5, 2014
Sold by
The Bank Of New York Mellon
Bought by
Eguia Achu Luis Felipe

Purchase Details

Closed on
Feb 7, 2014
Sold by
Lameira Rolando
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Dec 8, 2006
Sold by
Mendoza Developments Llc
Bought by
Lameira Rolando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,405
Interest Rate
3%
Mortgage Type
Negative Amortization
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 Type Sale Price Title Company
Warranty Deed $142,000 Nu World Title Llc
Warranty Deed $104,000 Builders Title Company
Special Warranty Deed $66,000 Attorney
Trustee Deed $11,100 None Available
Special Warranty Deed $129,900 Great Country Title Services
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $123,405 Negative Amortization
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2024 09/17/24 Rented $1,800 0.0% --
08/15/2024 08/15/24 Price Changed $1,800 -2.7% $7 / Sq Ft
08/03/2024 08/03/24 Price Changed $1,850 -2.6% $7 / Sq Ft
07/23/2024 07/23/24 Price Changed $1,900 -5.0% $7 / Sq Ft
07/16/2024 07/16/24 For Rent $2,000 +11.1% --
08/05/2023 08/05/23 Rented $1,800 -5.3% --
07/17/2023 07/17/23 For Rent $1,900 0.0% --
07/09/2023 07/09/23 Under Contract -- -- --
07/03/2023 07/03/23 For Rent $1,900 0.0% --
06/12/2023 06/12/23 Sold $215,000 +7.6% $843 / Sq Ft
05/10/2023 05/10/23 Pending -- -- --
04/27/2023 04/27/23 For Sale $199,900 +40.8% $784 / Sq Ft
10/17/2016 10/17/16 Sold $142,000 -2.0% $557 / Sq Ft
09/21/2016 09/21/16 Pending -- -- --
09/01/2016 09/01/16 For Sale $144,900 0.0% $568 / Sq Ft
11/11/2015 11/11/15 Rented $1,400 -3.4% --
11/11/2015 11/11/15 For Rent $1,450 -1.7% --
07/02/2015 07/02/15 Rented $1,475 +7.3% --
07/02/2015 07/02/15 For Rent $1,375 0.0% --
12/31/2014 12/31/14 Sold $104,000 0.0% $408 / Sq Ft
12/10/2014 12/10/14 Pending -- -- --
12/10/2014 12/10/14 Price Changed $104,000 +15.7% $408 / Sq Ft
11/24/2014 11/24/14 For Sale $89,900 +36.2% $353 / Sq Ft
06/09/2014 06/09/14 Sold $66,000 +32.0% $259 / Sq Ft
02/10/2014 02/10/14 Pending -- -- --
02/05/2014 02/05/14 For Sale $50,000 -- $196 / 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 $2,745 $142,547 -- --
2024 $1,979 $146,956 -- --
2023 $1,979 $98,670 $0 $0
2022 $1,711 $89,700 $0 $0
2021 $1,647 $83,800 $0 $0
2020 $1,752 $89,154 $0 $0
2019 $1,809 $91,911 $0 $0
2018 $1,857 $96,748 $0 $0
2017 $1,880 $96,748 $0 $0
2016 $994 $48,374 $0 $0
2015 $966 $46,070 $0 $0
2014 $841 $36,723 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10141575

MIAMI REALTORS® MLS

APN: 03-4108-108-0040