NOT LISTED FOR SALE

Estimated Value: $717,000 - $837,000

4 Beds
2 Baths
1,815 Sq Ft
$425/Sq Ft Est. Value

Last Sold April 16, 2019

Last sale price $392,000 $216 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $4,933/month

32 Days on Market

Highlights

  • Newly Remodeled
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • No HOA
  • Tile Flooring
  • 2-minute walk to Oakland Grove Mini Park

About This Home

As of April 2019

Great opportunity for investors. Centrally located near the Marlins Stadium & Downtown Miami. Main house first floor is a 2 bedroom, 2 bath home with a kitchen, living and dining area. Second floor is a 1 bedroom/ 1 bath unit that can be access from in the house or using a private entry. There is a 2nd unit at the back of the house that is a 1 bedroom/1 bath reflected on the tax roll. Not a foreclosure or short sale. Great income producing property

Last Agent to Sell the Property

Andrea Forde

EXP Realty LLC License #3261606 Listed on: 01/16/2019

EXP Realty LLC

Co-Listed By

Alfredo Morejon

The Keyes Company License #3281452

Last Buyer's Agent

Andrea Viana

Compass Florida, LLC License #3340704

Compass Florida, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,127

Year Built

  • Built in 1926 | Newly Remodeled

Lot Details

  • 5,576

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,815 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units
  • Grove Park Condos
  • Grove Park Subdivision

Listing and Financial Details

  • Rent includes electricity
  • Assessor Parcel Number 01-31-35-016-0710

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,127

Year Built

Built in 1926 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1926
  • Property Sub Type: Multi Family
  • Architectural Style: Detached
  • Co List Office Mls Id: KEYE17
  • Co List Office Phone: 305-931-8920
  • Directions: Dolphin Expressway/FL-836 to NW 12th Ave exit. Go south on 12th Avenue , turn right on NW 7th St. Turn right on NW 15th Ave. Take 1st left onto NW 8th St.
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex, Multi Family
  • Subdivision Name: GROVE PARK
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 1815
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Curved/S-Tile Roof
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: GROVE PARK
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • 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: 01-31-35-016-0710
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4127

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2019
Closed on
Apr 5, 2019
Sold by
Arteaga Sergio and Castillo Celia
Bought by
Bustamante David and Bustamante Monica
Seller's Agent
Andrea Forde
EXP Realty LLC
Buyer's Agent
Andrea Viana
Compass Florida, LLC
List Price
$415,000
Sold Price
$392,000
Premium/Discount to List
-$23,000
-5.54%
Current Estimated Value
$770,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,502
Avg. Annual Appreciation
11.16%
Original Mortgage
$317,460
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 18, 2012
Closed on
Jan 24, 2013
Sold by
Ibanez Victor M and Ibanez Teresita
Bought by
Arteaga Sergio and Castillo Celia
Seller's Agent
Irving Zamoa
Homes 4 You, Inc
Buyer's Agent
Irving Zamoa
Homes 4 You, Inc
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.31%
Original Mortgage
$176,739
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 9, 2010
Sold by
Fernandez Candida Garcia
Bought by
Ibanez Victor M and Ibanez Alejandro

Purchase Details

Closed on
Nov 3, 2004
Sold by
Fernandez Candida Garcia and Ibanez Victor M
Bought by
Fernandez Candida Garcia and Ibanez Victor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.99%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 26, 2002
Sold by
Candida G Fernandez I
Bought by
Fernandez Candida G and Ibanez Victor M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 1997
Sold by
Fernandez Alfredo Garcia
Bought by
Candida G Fernandez Alfredo and Fernandez Candida G
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
Bustamante David $390,000 Vantage Property Ttl Co Inc
Arteaga Sergio $180,000 Chase Title Services Llc
Ibanez Victor M $56,300 None Available
Fernandez Candida Garcia $25,000 --
Fernandez Candida G -- --
Candida G Fernandez Alfredo $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bustamante David $235,000
Closed Bustamante David $310,450
Closed Bustamante David $317,460
Previous Owner Arteaga Sergio $176,739
Previous Owner Fernandez Candida Garcia $85,000
Previous Owner Ibanez Victor M $75,000
Previous Owner Candida G Fernandez Alfredo $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2019 04/16/19 Sold $392,000 -5.5% $216 / Sq Ft
02/07/2019 02/07/19 Pending -- -- --
01/06/2019 01/06/19 For Sale $415,000 +130.6% $229 / Sq Ft
01/24/2013 01/24/13 Sold $180,000 -7.7% $102 / Sq Ft
11/26/2012 11/26/12 Pending -- -- --
06/18/2012 06/18/12 For Sale $195,000 -- $111 / 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 $8,920 $462,125 -- --
2024 $8,863 $449,102 -- --
2023 $8,863 $436,022 $0 $0
2022 $6,249 $308,254 $0 $0
2021 $6,232 $299,276 $136,319 $162,957
2020 $7,162 $300,570 $136,319 $164,251
2019 $4,393 $224,089 $0 $0
2018 $4,127 $223,222 $0 $0
2017 $3,875 $181,180 $0 $0
2016 $3,525 $165,194 $0 $0
2015 $3,230 $151,271 $0 $0
2014 $3,080 $143,521 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10600936

MIAMI REALTORS® MLS

APN: 01-3135-016-0710