NOT LISTED FOR SALE

1542 NE 109th St Miami, FL 33161

Estimated Value: $710,000 - $911,556

4 Beds
4 Baths
1,802 Sq Ft
$457/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $575,000 $319 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,219/month

7 Days on Market

Highlights

  • No HOA
  • Zoned Heating and Cooling
  • 1-Story Property
  • Tile Flooring

About This Home

As of November 2021

FULLY RENTED INVESTMENT FOURPLEX! Fantastic area in between Biscayne bay and Biscayne Blvd. Units are rented with long term tenants, room to increase rent. Please do not disturb tenants, call listing agent for more information.

Last Agent to Sell the Property

Myriam Cambronne

MAC Miami Realty Group, LLC. License #3019763 Listed on: 10/13/2021

Last Buyer's Agent

Daiana Rodriguez

Brokers, LLC License #3314290

Brokers, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,125

Year Built

  • Built in 1953

Lot Details

  • 6,273

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,802 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Zoned Heating and Cooling
  • Septic Tank

Community Details

  • No Home Owners Association
  • 4 Units
  • Amd Pl Bay Ridge Condos
  • Amd Pl Bay Ridge Subdivision

Listing and Financial Details

  • Rent includes electricity
  • Assessor Parcel Number 30-22-32-006-0440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,125

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1953
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: AMD PL BAY RIDGE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1802
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: AMD PL BAY RIDGE
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Cooling: Zoned
  • Cooling Y N: Yes
  • Heating: Zoned
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-22-32-006-0440
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6125

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Nov 29, 2021
Sold by
1542 Property Llc
Bought by
Infinity 26 Llc
Seller's Agent
Myriam Cambronne
MAC Miami Realty Group, LLC.
Buyer's Agent
Daiana Rodriguez
Brokers, LLC
List Price
$599,999
Sold Price
$575,000
Premium/Discount to List
-$24,999
-4.17%
Current Estimated Value
$823,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$248,639
Avg. Annual Appreciation
9.65%

Purchase Details

Closed on
Jun 27, 2019
Sold by
Mac Real Estate Services Inc
Bought by
1542 Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 18, 2019
Sold by
Sylvester Juan C and Sylvester Dalys E
Bought by
Nationwide Equity Pros Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.82%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Sep 30, 2003
Sold by
Sylvester Harry and Sylvester Luisa S
Bought by
Sylvester Harry
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
Infinity 26 Llc $575,000 Brokers Title And Escrow Llc
1542 Property Llc $251,250 Couture Title And Escrow Llc
Mac Real Estate Services Inc $259,000 Axis Title Llc
Nationwide Equity Pros Llc $168,600 Axis Title Llc
Sylvester Harry -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 1542 Property Llc $325,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2021 11/30/21 Sold $575,000 -4.2% $319 / Sq Ft
10/21/2021 10/21/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $599,999 -- $333 / 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 $10,802 $586,714 -- --
2024 $10,140 $533,377 -- --
2023 $10,140 $484,889 $218,750 $262,568
2022 $10,054 $528,309 $262,500 $265,809
2021 $6,653 $319,319 $0 $0
2020 $6,125 $290,290 $169,500 $120,790
2019 $3,094 $191,104 $0 $0
2018 $2,918 $194,945 $0 $0
2017 $2,665 $119,295 $0 $0
2016 $2,485 $111,960 $0 $0
2015 $2,374 $105,884 $0 $0
2014 -- $100,284 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Myriam Cambronne

    Seller's Agent in 2021

    Myriam Cambronne

    MAC Miami Realty Group, LLC.

    (786) 953-5870

    1 in this area

    37 Total Sales

    Myriam Cambronne
    Section Image

  • D

    Buyer's Agent in 2021

    Daiana Rodriguez

    Brokers, LLC

    (305) 917-3884

    2 in this area

    21 Total Sales

    Daiana Rodriguez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11111397

MIAMI REALTORS® MLS

APN: 30-2232-006-0440

Florida Miami/Dade County Miami 33161

1542 NE 109th St, Miami, FL

This home is located at 1542 NE 109th St, Miami, FL 33161 since 13 October 2021 and is currently estimated at $823,639, approximately $457 per square foot. This property was built in 1953. 1542 NE 109th St is a home located in Miami-Dade County with nearby schools including David Lawrence Jr. K-8 Center, North Miami Middle School, and Alonzo & Tracy Mourning Senior High School.

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.

MIAMI REALTORS® MLS 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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