NOT LISTED FOR SALE

1242 SW 13th Ave Miami, FL 33135

Coral Way Neighborhood

Estimated Value: $974,548 - $1,285,000

4 Beds
2 Baths
2,150 Sq Ft
$530/Sq Ft Est. Value

Last Sold March 14, 2023

Last sale price $950,000 $442 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,193/month

136 Days on Market

Highlights

  • Wood Flooring
  • Partial Impact Glass
  • Heating Available
  • No HOA
  • Cooling Available
  • 3-minute walk to Coral Way Community Center Playground

About This Home

As of March 2023

Amazing investment opportunity on a beautiful treelined street. This spacious duplex features some improvements, impact glass windows and doors, updated electric and plumbing, washer, dryer, patios, rooftop deck, parking, and a large, fenced yard. Minutes from major expressways, Coral Gables, Brickell, Downtown Miami, Beaches, shopping, restaurants, and entertainment.

Last Agent to Sell the Property

Vivian Serralta

BHHS EWM Realty License #0630620 Listed on: 10/28/2022

BHHS EWM Realty

Last Buyer's Agent

Jaime Pompa Jamin

JPJ Real Estate & Design FL, Inc. License #3560848

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,967

Year Built

  • Built in 1939

Lot Details

  • Lot Dimensions are 30x130

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,150 Sq Ft Home
  • 2-Story Property
  • Partial Impact Glass

Flooring

  • Wood
  • Tile

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Second Westmoreland Addn Condos
  • Second Westmoreland Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-11-015-0410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,967

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1939
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • Lot Size: 30x130
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: SECOND WESTMORELAND ADDN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Yn: No
  • Flooring: Other, Tile, Wood
  • Living Area: 2150
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Window Features: Partial Impact Glass

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Disclosures: Disclosure
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SECOND WESTMORELAND ADDN
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-11-015-0410
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 14967

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2023
Sold by
Paty Rajan and Paty Alis
Bought by
1242Sw13thave Llc
Current Estimated Value
$1,067,072

Purchase Details

Listed on
Oct 28, 2022
Closed on
Mar 14, 2023
Sold by
Echemendia Leinad T and Echemendia Alexander
Bought by
Paty Rajan and Claudio-Paty Alis
Seller's Agent
Vivian Serralta
BHHS EWM Realty
Buyer's Agent
Jaime Pompa Jamin
JPJ Real Estate & Design FL, Inc.
List Price
$1,030,000
Sold Price
$950,000
Premium/Discount to List
-$80,000
-7.77%
Views
3

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%
Original Mortgage
$755,000
Interest Rate
6.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 30, 2015
Closed on
Jul 11, 2016
Sold by
Iglesias Yvonne and Gonzalez Maria A
Bought by
Echemendia Leinad T
Seller's Agent
Yanisel Limonte
Platinum Properties Int'l Inc.
Buyer's Agent
Vivian Serralta
BHHS EWM Realty
List Price
$550,000
Sold Price
$432,000
Premium/Discount to List
-$118,000
-21.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%
Original Mortgage
$367,200
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2010
Sold by
Ruiz Clara Maria and Ruiz Fernando
Bought by
Iglesias Yvonne and Gonzalez Maria A

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
4.99%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 16, 2006
Sold by
Fiallo Thayllana
Bought by
Ruiz Fernando and Ruiz Clara Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,500
Interest Rate
8.57%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 18, 2004
Sold by
Dinu Alexander
Bought by
Fiallo Thayllana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 1, 2000
Sold by
Mederos Jorge C
Bought by
Dinu Ii Alexander

Purchase Details

Closed on
Jul 21, 1994
Sold by
Mederos Jorge C and Mederos Maria Abascal
Bought by
Mederos Jorge C
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 Buyer Sale Price Title Company
1242Sw13thave Llc -- None Listed On Document
Paty Rajan $950,000 --
Echemendia Leinad T $432,000 Attorney
Iglesias Yvonne $170,000 Attorney
Ruiz Fernando $515,000 Title Experts Of Miami Inc
Fiallo Thayllana $300,000 --
Dinu Ii Alexander $170,000 --
Mederos Jorge C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Paty Rajan $755,000
Previous Owner Echemendia Leinad T $367,200
Previous Owner Iglesias Yvonne $120,000
Previous Owner Ruiz Clara Maria $75,135
Previous Owner Ruiz Clara $401,000
Previous Owner Ruiz Fernando $360,500
Previous Owner Fiallo Thayllana $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2023 03/14/23 Sold $950,000 -7.8% $442 / Sq Ft
10/28/2022 10/28/22 For Sale $1,030,000 0.0% $479 / Sq Ft
03/30/2017 03/30/17 Rented $1,900 -5.0% --
03/23/2017 03/23/17 Under Contract -- -- --
03/13/2017 03/13/17 Price Changed $2,000 -9.1% $1 / Sq Ft
02/23/2017 02/23/17 Price Changed $2,200 -8.3% $2 / Sq Ft
01/11/2017 01/11/17 For Rent $2,400 0.0% --
07/11/2016 07/11/16 Sold $432,000 -21.5% $195 / Sq Ft
06/09/2016 06/09/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $550,000 -- $248 / 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 $15,604 $815,053 -- --
2024 $8,966 $740,958 $507,012 $233,946
2023 $8,966 $438,916 $0 $0
2022 $15,016 $423,689 $0 $0
2021 $14,967 $410,225 $0 $0
2020 $14,835 $402,993 $0 $0
2019 $14,668 $394,374 $0 $0
2018 $10,388 $386,415 $246,766 $139,649
2017 $7,630 $324,297 $0 $0
2016 $4,782 $154,666 $0 $0
2015 $4,302 $140,606 $0 $0
2014 $3,659 $127,824 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Vivian Serralta

    Seller's Agent in 2023

    Vivian Serralta

    BHHS EWM Realty

    (305) 772-7717

    2 in this area

    52 Total Sales

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  • Jaime Pompa Jamin

    Buyer's Agent in 2023

    Jaime Pompa Jamin

    JPJ Real Estate & Design FL, Inc.

    (786) 330-5821

    1 in this area

    6 Total Sales

    Section Image
  • Maria Laura Calderon

    Buyer's Agent in 2017

    Maria Laura Calderon

    London Foster Realty

    (305) 613-1122

    3 Total Sales

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  • Yanisel Limonte

    Seller's Agent in 2016

    Yanisel Limonte

    Platinum Properties Int'l Inc.

    (786) 709-6196

    1 in this area

    20 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11295386

MIAMI REALTORS® MLS

APN: 01-4111-015-0410

Florida Miami/Dade County Miami 33135 Coral Way

1242 SW 13th Ave, Miami, FL

This home is located at 1242 SW 13th Ave, Miami, FL 33135 since 28 October 2022 and is currently estimated at $1,139,387, approximately $529 per square foot. This property was built in 1939. 1242 SW 13th Ave is a home located in Miami-Dade County with nearby schools including Coral Way K-8 Center, Shenandoah Middle School, and Miami Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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