$450,000
$79K PRICE DROP

Estimated payment $3,235/month

Total Views 8,380
5 Beds
3 Baths
1,705 Sq Ft
$264 Price per Sq Ft

Highlights

  • 1 Bedroom Guest House
  • Garden View
  • Efficiency Studio
  • Maid or Guest Quarters
  • No HOA
  • Laundry in Utility Room

About This Home

Spacious and income-producing opportunity in Melrose Park! This home is currently configured as a 6-bedroom, 3-bathroom property, but offers multiple layout options to fit your needs. The main home has 5 bedrooms and 2 bathrooms (originally a 4/2 — one large bedroom was split and can be easily converted back). There's also an attached 1/1 efficiency with private entrance and interior connecting door, perfect for rental income $1,000/month), a guest suite, or to rejoin the main house for a total of 5 bedrooms and 3 bathrooms. New roof in 2024. Interior needs TLC — kitchen and flooring upgrades will unlock its full potential. Large fenced yard with shed, carport, and plenty of parking. No HOA. Centrally located near major roads, shopping, and schools. Great for investors or extended families

Listing Agent

Giovanni Livolti

Realty Hub License #3042291 Listed on: 05/20/2025

Realty Hub

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,398

Year Built

  • Built in 1950

Lot Details

  • 8,755 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned RS-6.7

Parking

  • 2 Car Garage
  • 1 Attached Carport Space

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,705 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Combination Dining and Living Room
  • Efficiency Studio
  • Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Additional Homes

  • 1 Bedroom Guest House
  • One Bathroom Guest House

Schools

  • Westwood Hgts Elementary School
  • Stranahan High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Melrose Park Sect 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 504207010420

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,398

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: MELROSE PARK SECT 1
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom, Efficiency
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Maid/In-Law Quarters, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1705
  • Window Features: Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Maid/In-Law Quarters, Utility Room/Laundry

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • Property Condition: Handyman Special
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Park Building Name: MELROSE PARK SECT 1
  • Carport Spaces: 1
  • Covered Parking Spaces: 3
  • Garage Spaces: 2
  • Parking Features: Attached Carport, Additional Spaces Available

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Westwood Hgts
  • High School: Stranahan

Lot Info

  • Parcel Number: 504207010420
  • Lot Size Sq Ft: 8755
  • Zoning: RS-6.7

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9398

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $9,398 $494,470 $26,270 $468,200
2024 $8,607 $494,470 $26,270 $468,200
2023 $8,607 $417,450 $0 $0
2022 $7,609 $379,500 $26,270 $353,230
2021 $6,514 $320,510 $26,270 $294,240
2020 $5,160 $267,020 $26,270 $240,750
2019 $4,621 $257,820 $26,270 $231,550
2018 $3,911 $208,540 $26,270 $182,270
2017 $3,572 $179,480 $0 $0
2016 $2,754 $172,050 $0 $0
2015 $2,165 $139,640 $0 $0
2014 $2,180 $138,540 $0 $0
2013 -- $136,500 $21,890 $114,610
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Price Changed $450,000 0.0% $264 / Sq Ft
06/30/2025 06/30/25 For Sale $450,000 -7.2% $264 / Sq Ft
06/28/2025 06/28/25 Pending -- -- --
06/20/2025 06/20/25 Price Changed $485,000 -6.6% $284 / Sq Ft
06/09/2025 06/09/25 Price Changed $519,000 -1.9% $304 / Sq Ft
05/20/2025 05/20/25 For Sale $529,000 +185.9% $310 / Sq Ft
08/31/2015 08/31/15 Sold $185,000 -2.1% $95 / Sq Ft
07/28/2015 07/28/15 Pending -- -- --
05/28/2015 05/28/15 For Sale $189,000 +26.0% $97 / Sq Ft
12/21/2012 12/21/12 Sold $150,000 0.0% $79 / Sq Ft
11/16/2012 11/16/12 Pending -- -- --
09/22/2012 09/22/12 For Sale $150,000 -- $79 / Sq Ft
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Warranty Deed $185,000 Legal Elite Title Inc
Warranty Deed $150,000 Consumers First Title Co Inc
Special Warranty Deed $55,000 Servicelink
Trustee Deed $57,300 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Costa Title
Quit Claim Deed -- Costa Title
Warranty Deed $295,000 Costa Title
Interfamily Deed Transfer -- Complete Title Solutions
Deed $79,000 --
Deed -- --
Deed -- --
Warranty Deed $77,900 --
Warranty Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $21,942 FHA
Previous Owner $181,649 FHA
Previous Owner $142,373 FHA
Previous Owner $44,250 Stand Alone Second
Previous Owner $236,000 Balloon
Previous Owner $44,250 Stand Alone Second
Previous Owner $3,048 Unknown
Previous Owner $229,500 Fannie Mae Freddie Mac
Previous Owner $167,000 Fannie Mae Freddie Mac
Previous Owner $135,000 New Conventional
Previous Owner $37,322 Credit Line Revolving
Previous Owner $75,031 New Conventional
Previous Owner $77,812 FHA
Previous Owner $40,500 No Value Available
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11807118

MIAMI REALTORS® MLS

APN: 50-42-07-01-0420