NOT LISTED FOR SALE

Estimated Value: $3,110,000

4 Beds
3 Baths
-- Sq Ft
0.34 Acres

Last Sold November 06, 2017

Last sale price $495,000

Est. 528% increase in value since last sale

Current estimated payment $18,973/month

58 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Porch
  • Ceramic Tile Flooring
  • 3-minute walk to Roberto Clemente Park

About This Home

As of November 2017

Well maintained triplex in Wywnood with a 6+ cap rate. Fully leased with reliable tenants, this investment offers consistent cash flow and long term price appreciation potential. Walking distance to Midtown and the Design District. The 2/1 main house is gated an landscaped with a new central A/C, working fireplace, washer/dryer, and renovated bathroom. Separate two story duplex in the rear has a new roof, private access driveway, and shared laundry facilities. Easy to show with 24 hours notice, please do not disturb tenants.

Last Agent to Sell the Property

David Carson

MMLS Assoc.-Inactive Member License #3286727 Listed on: 06/26/2017

Last Buyer's Agent

David Carson

MMLS Assoc.-Inactive Member License #3286727 Listed on: 06/26/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,961

Year Built

  • Built in 1928

Lot Details

  • Fenced
  • Property is zoned T4-R

Parking

  • 3 Parking Spaces

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2-Story Property
  • Ceramic Tile Flooring

Outdoor Features

  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Total Actual Rent $50,400
  • Rent includes hot water, gardener, pest control, sewer, trash collection, water
  • Assessor Parcel Number 01-3125-019-0410

Community Details

Overview

  • No Home Owners Association
  • Wynwood Park Subdivision

Amenities

  • Laundry Facilities

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,961

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1928
  • Property Sub Type: Triplex
  • Architectural Style: Detached
  • Directions: Take N. Miami Ave to NW 35th St. and go west 1.5 blocks.
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Triplex
  • Subdivision Name: Wynwood Park
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor, Tile
  • Possible Use: Primary
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Construction Type: Frame
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Wynwood Park
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Green Building Features: Laundry Facility
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-3125-019-0410
  • Zoning: T4-R
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Gardener, Pest Control, Sewer, Trash Collection, Water

Multi Family

  • Net Operating Income: 35000
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Operating Expense: 15400
  • Total Actual Rent: 50400

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 6961

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2017
Closed on
Nov 13, 2017
Sold by
Damm Jason D
Bought by
Palm Polo Club Llc
Seller's Agent
David Carson
MMLS Assoc.-Inactive Member
Buyer's Agent
David Carson
MMLS Assoc.-Inactive Member
List Price
$555,000
Sold Price
$495,000
Premium/Discount to List
-$60,000
-10.81%
Current Estimated Value
$3,110,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,615,000
Interest Rate
3.9%

Purchase Details

Listed on
Jun 21, 2014
Closed on
Aug 18, 2014
Sold by
Rodriguez Jose G
Bought by
Damm Jason Daniel
Seller's Agent
William Carson
MMLS Assoc.-Inactive Member
Buyer's Agent
Jason Damm
Florida Capital Realty
List Price
$425,000
Sold Price
$415,000
Premium/Discount to List
-$10,000
-2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.63%
Original Mortgage
$311,250
Interest Rate
4.2%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 17, 2007
Sold by
Rodriguez Jose G and Fernandez Edward Phillip
Bought by
Rodriguez Jose G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.37%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 27, 2004
Sold by
Rodriguez Jose G
Bought by
Rodriguez Jose G and Fernandez Edward Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
5.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 2004
Sold by
Ferville Oscar and Ferville Yolande
Bought by
Rodriguez Jose G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,800
Interest Rate
5.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 15, 1995
Sold by
Malcolm Myrtle M
Bought by
Proenza Leonardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
8.89%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Palm Polo Club Llc $495,000 --
Damm Jason Daniel $415,000 A & A Title Services Llc
Rodriguez Jose G $140,000 Countywide Title Group Inc
Rodriguez Jose G -- --
Rodriguez Jose G $196,000 --
Proenza Leonardo $36,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Palm Polo Club Llc --
Previous Owner Damm Jason Daniel $311,250
Previous Owner Rodriguez Jose G $280,000
Previous Owner Rodriguez Jose G $156,800
Previous Owner Palm Polo Club Llc $43,000
Previous Owner Proenza Leonardo $26,000
Closed Rodriguez Jose G $29,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/06/2017 11/06/17 Sold $495,000 -10.8% --
08/23/2017 08/23/17 Pending -- -- --
06/26/2017 06/26/17 For Sale $555,000 +33.7% --
08/18/2014 08/18/14 Sold $415,000 -2.4% $228 / Sq Ft View Prior Sale
07/04/2014 07/04/14 Pending -- -- --
06/21/2014 06/21/14 For Sale $425,000 -- $233 / 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 $30,974 $1,319,513 -- --
2024 $27,680 $1,199,558 -- --
2023 $27,680 $1,090,508 $0 $0
2022 $21,820 $991,371 $0 $0
2021 $19,148 $901,247 $900,000 $1,247
2020 $19,274 $901,262 $900,000 $1,262
2019 $8,618 $350,326 $250,000 $100,326
2018 $8,478 $350,326 $250,000 $100,326
2017 $7,072 $280,000 $0 $0
2016 $7,251 $280,000 $0 $0
2015 $7,366 $280,000 $0 $0
2014 $4,040 $119,782 $0 $0
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10300077

MIAMI REALTORS® MLS

APN: 01-3125-019-0410