NOT LISTED FOR SALE

1501 SW 22nd Terrace Miami, FL 33145

Coral Way Neighborhood

Estimated Value: $969,000 - $1,080,231

4 Beds
2 Baths
2,331 Sq Ft
$434/Sq Ft Est. Value

Last Sold May 18, 2021

Last sale price $585,000 $251 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,557/month

125 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window

About This Home

As of May 2021

LOCATION !!!!! INVESTOR OPPORTUNITY IN SHENANDOAH !!
Just 5 minutes to Brickell, Coconut Grove, Coral Gables, Beach and more !!!!
The area highly valued for its location !!
Do not miss the opportunity, The owner very motivated to sell.

Last Agent to Sell the Property

Lucia Santiago

Florida Capital Realty License #3243708 Listed on: 11/23/2020

Florida Capital Realty

Last Buyer's Agent

Laura Goldberg

MMLS Assoc.-Inactive Member License #3402159

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,454

Year Built

  • Built in 1925

Lot Details

  • 5,837

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Flat Roof with Façade front

Interior Spaces

  • 2,331 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units
  • East Shenandoah Condos
  • East Shenandoah Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-39-007-2470

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,454

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: EAST SHENANDOAH
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 2331
  • Possible Use: Primary
  • Stories: 2

Exterior Features

  • Roof: Flat Roof With Facade Front, Other
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: EAST SHENANDOAH
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-39-007-2470
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6454

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
May 17, 2021
Sold by
Nunez Grizel T
Bought by
Estrada Norwiu Beruabe
Seller's Agent
Lucia Santiago
Florida Capital Realty
Buyer's Agent
Laura Goldberg
MMLS Assoc.-Inactive Member
List Price
$629,999
Sold Price
$585,000
Premium/Discount to List
-$44,999
-7.14%
Current Estimated Value
$1,010,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,808
Avg. Annual Appreciation
14.92%
Original Mortgage
$438,750
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2016
Sold by
Nunez Grizel and Menendez Grizel
Bought by
Nunez Grizel T and Menendez Grizel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
5.16%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Jan 18, 2008
Sold by
Diaz Julian J and Diaz Josefina
Bought by
Nunez Grizel T and Menendez Grizel
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
Estrada Norwiu Beruabe $585,000 Alligator Title & Escrow Llc
Estrada Norwin Bernabe $585,000 New Title Company Name
Nunez Grizel T -- Title Partners Of Florida In
Nunez Grizel T -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estrada Norwin Bernabe $623,000
Closed Estrada Norwin Bernabe $438,750
Previous Owner Nunez Grizel T $630,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2021 05/18/21 Sold $585,000 -3.3% $251 / Sq Ft
03/28/2021 03/28/21 Pending -- -- --
03/26/2021 03/26/21 Price Changed $604,900 -0.7% $260 / Sq Ft
02/23/2021 02/23/21 Price Changed $609,000 -1.6% $261 / Sq Ft
02/08/2021 02/08/21 Price Changed $619,000 -1.7% $266 / Sq Ft
01/18/2021 01/18/21 For Sale $629,999 0.0% $270 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
01/06/2021 01/06/21 Price Changed $629,999 -1.6% $270 / Sq Ft
11/23/2020 11/23/20 For Sale $639,999 0.0% $275 / Sq Ft
07/03/2018 07/03/18 Rented $3,600 +157.1% --
07/03/2018 07/03/18 Under Contract -- -- --
05/09/2018 05/09/18 For Rent $1,400 -- --
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 $14,303 $705,580 -- --
2024 $13,425 $641,437 -- --
2023 $13,425 $583,125 $0 $0
2022 $11,688 $530,114 $342,225 $187,889
2021 $6,643 $318,647 $0 $0
2020 $6,454 $308,991 $0 $0
2019 $6,410 $306,311 $0 $0
2018 $6,252 $304,166 $0 $0
2017 $6,270 $301,832 $0 $0
2016 $5,991 $272,087 $0 $0
2015 $5,778 $257,076 $0 $0
2014 $5,342 $243,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10961549

MIAMI REALTORS® MLS

APN: 01-4139-007-2470