NOT LISTED FOR SALE

Estimated Value: $621,815 - $744,000

3 Beds
2 Baths
2,221 Sq Ft
$307/Sq Ft Est. Value

Last Sold May 31, 2023

Last sale price $605,000 $272 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,414/month

106 Days on Market

Highlights

  • 1 Bedroom Guest House
  • No HOA
  • In-Law or Guest Suite
  • Cottage Room
  • Porch
  • Cooling System Mounted To A Wall/Window

About This Home

As of May 2023

Discover the incredible deal of a lifetime in this spacious CBS Block Home in North Miami. With 4 bedrooms, 4 bathrooms, and a 1 bed 1 bath guest house, this 2,221 sq. ft. property is more like a fourplex than a single-family home. The property has amazing potential for renovation/upgrade, making it an amazing investment opportunity. This property is listed at just $282/sq. ft, far below the average sold price per square foot in the area, which is $338.61. The main house is a 3/2 and generates $2,400 in monthly income + attached 1/1 @ $1,210, the 1/1 guest house @ $1,280, and the 0/1 @ $560. Monthly expenses are electric @ $350-$400 and water $350 quarterly. Contact the listing agent for more information and to take advantage of this underpriced gem. 3D Virtual Tour available.

Last Agent to Sell the Property

Nicholas Valladares

Luxe Properties License #3419280 Listed on: 02/13/2023

Luxe Properties

Last Buyer's Agent

Michael Alcantra

A Real Estate Solution License #3440115

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,607

Year Built

  • Built in 1950

Lot Details

  • 7,150 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Property is zoned 0400

Home Design

  • Studio
  • Shingle Roof
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,221 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Open Floorplan
  • Storage Room
  • Ceramic Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer

Parking

  • 2 Carport Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • Patio
  • Cottage Room
  • Shed
  • Porch

Additional Homes

  • 1 Bedroom Guest House
  • One Bathroom Guest House
  • Guest House Includes Kitchen

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Nichols Heights Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 06-21-24-001-1690

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,607

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, Half Duplex, One Story
  • Directions: Use GPS or Waze.
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: NICHOLS HEIGHTS ADDN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_GuestHouseDescription: 1 Bath, 1 Bedroom, Kitchen
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Pantry, Cottage, Separate Guest/In-Law Quarters, Other, Storage, Studio Apartment, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 2221
  • Possible Use: Primary
  • Window Features: Blinds, Other Windows
  • Bedroom Features: Primary Bath Shower, Primary Bedroom Ground Level
  • Dining Room Features: Dining/Living Room, Family/Dining Combination, Florida/Dining Combination
  • Living Room Features: Cottage, Separate Guest/In-Law Quarters, Other, Storage Room, Studio Apartment, Utility Room/Laundry

Exterior Features

  • Roof: Flat Tile, Other, Shingle
  • View: None, Other
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Extra Building/Shed, Shed(s)
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • Property Condition: Handyman Special
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: NICHOLS HEIGHTS ADDN
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway, Other, Slab/Strip

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Other Subdivision - See Remarks, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 06-21-24-001-1690
  • Lot Size Sq Ft: 7150
  • Zoning: 0400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5607

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
May 31, 2023
Sold by
Doreus John
Bought by
Gassant Jean
Seller's Agent
Nicholas Valladares
Luxe Properties
Buyer's Agent
Michael Alcantra
A Real Estate Solution
List Price
$625,000
Sold Price
$605,000
Premium/Discount to List
-$20,000
-3.2%
Views
31
Current Estimated Value
$682,704

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,704
Avg. Annual Appreciation
4.78%
Original Mortgage
$586,850
Outstanding Balance
$571,043
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$111,661

Purchase Details

Closed on
Feb 8, 2023
Sold by
Dolce Edith
Bought by
Doreus John

Purchase Details

Closed on
Mar 6, 2017
Sold by
Dolce Vital and Dolce Edith
Bought by
Dolce Vital and Dolce Edith
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gassant Jean $605,000 Relative To The Issuance Of Ti
Doreus John -- --
Dolce Vital -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gassant Jean $586,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2023 05/31/23 Sold $605,000 0.0% $272 / Sq Ft
03/14/2023 03/14/23 Price Changed $605,000 -3.2% $272 / Sq Ft
02/13/2023 02/13/23 For Sale $625,000 -- $281 / 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 $10,040 $446,944 $164,450 $282,494
2024 $7,049 $453,115 $236,193 $216,922
2023 $7,049 $283,723 $0 $0
2022 $6,286 $257,930 $0 $0
2021 $5,607 $234,482 $0 $0
2020 $5,179 $253,500 $86,050 $167,450
2019 $4,842 $247,846 $78,929 $168,917
2018 $4,318 $227,352 $56,971 $170,381
2017 $3,738 $160,156 $0 $0
2016 $3,439 $145,597 $0 $0
2015 $3,174 $132,361 $0 $0
2014 $1,347 $97,093 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11342359

MIAMI REALTORS® MLS

APN: 06-2124-001-1690