J
Seller's Agent in 2018
Jermell Jenkins
Keller Williams Eagle Realty
(954) 961-1991
3 Total Sales
1369 NW 40th St Miami, FL 33142
Liberty City NeighborhoodEstimated Value: $499,000 - $684,000
4
Beds
2
Baths
1,500
Sq Ft
$394/Sq Ft
Est. Value
Highlights
- No HOA
- Ceramic Tile Flooring
- Central Heating and Cooling System
- Energy-Efficient Appliances
- High-Efficiency Water Heater
- 1-Story Property
About This Home
As of May 2018**INSTANT INCOME PRODUCING PROPERTY** This multi-family Duplex just 15 driving minutes from Wynwood, South Beach, Downtown & Miami International Airport sits in an upcoming but quiet neighborhood.
This spacious 4 bedroom 2 bathroom duplex is split (2 bedrooms and 1 bathroom) on both sides. The unit currently has two tenants that have been with the current owner for over 8 years with NO ISSUES. The gross monthly rental intake is $2,450. All annual inspections are current. This makes this property a perfect fit for a hold and resale, while making positive cash flow monthly! Both units have central air, refrigerator, stove & tile floors. The roof is 6 years old & the house is very well maintained. This money maker will not last long. Call NOW for viewing instructions.
Last Agent to Sell the Property
Keller Williams Eagle Realty License #3266410 Listed on: 02/27/2018
Co-Listed By
Charles Chandler
Chandler Realty & Invest. License #0665341
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,086
Year Built
- Built in 1983
Lot Details
- Property is zoned 5700
Parking
- 4 Parking Spaces
Home Design
- Shingle Roof
Interior Spaces
- 1,500 Sq Ft Home
- 1-Story Property
- Blinds
- Ceramic Tile Flooring
Eco-Friendly Details
- Energy-Efficient Appliances
- Energy-Efficient HVAC
Utilities
- Central Heating and Cooling System
- High-Efficiency Water Heater
Listing and Financial Details
- Total Actual Rent $2,450
- Rent includes gardener
- Assessor Parcel Number 01-31-23-037-3711
Community Details
Overview
- No Home Owners Association
- No Miami Estates Subdivision
Building Details
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2018
Closed on
May 3, 2018
Sold by
Jenkins Jermell
Bought by
Maura Brian Glenn
Seller's Agent
Jermell Jenkins
Keller Williams Eagle Realty
Buyer's Agent
William Alvarez
Sterling One Realty, Inc.
List Price
$274,999
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Outstanding Balance
$165,508
Interest Rate
4.45%
Mortgage Type
New Conventional
Estimated Equity
$425,951
Purchase Details
Closed on
Oct 7, 2002
Sold by
Kerry Turner I
Bought by
Jenkins Jermell
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Maura Brian Glenn | $240,000 | Attorney | |
| Jenkins Jermell | $98,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Maura Brian Glenn | $192,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/04/2018 05/04/18 | Sold | -- | -- | -- |
| 04/18/2018 04/18/18 | Pending | -- | -- | -- |
| 03/26/2018 03/26/18 | Price Changed | $249,999 | -9.1% | $167 / Sq Ft |
| 02/22/2018 02/22/18 | For Sale | $274,999 | -- | $183 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $6,404 | $347,446 | -- | -- |
| 2024 | $6,078 | $326,724 | -- | -- |
| 2023 | $6,078 | $307,421 | $0 | $0 |
| 2022 | $5,666 | $289,570 | $0 | $0 |
| 2021 | $5,512 | $238,051 | $0 | $0 |
| 2020 | $5,010 | $219,321 | $101,678 | $117,643 |
| 2019 | $4,580 | $196,737 | $78,214 | $118,523 |
| 2018 | $1,132 | $83,956 | $0 | $0 |
| 2017 | $1,086 | $58,202 | $0 | $0 |
| 2016 | $1,054 | $54,623 | $0 | $0 |
| 2015 | $979 | $51,659 | $0 | $0 |
| 2014 | $942 | $48,928 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jermell Jenkins
-
C
Seller Co-Listing Agent in 2018
Charles Chandler
Chandler Realty & Invest.
-
William Alvarez
Buyer's Agent in 2018
William Alvarez
Sterling One Realty, Inc.
(305) 646-8272
65 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A10423776
APN: 01-3123-037-3710
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.
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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