NOT LISTED FOR SALE

1551 Michigan Ave Unit 1 Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $238,597 - $277,000

1 Bed
1 Bath
500 Sq Ft
$259/mo HOA Fee

Last Sold March 26, 2013

Last sale price $160,000 $320 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $1,807/month

16 Days on Market

Highlights

  • Wood Flooring
  • Views
  • Heating System Mounted To A Wall or Window
  • Cooling System Mounted To A Wall/Window

About This Home

As of March 2013

A HOMESTEPS PROPERTY!! A REAL BARGAIN!! PRICED TO SELL FAST!!! A SPACIOUS ONE BEDROOM UNIT! FRESHLY PAINTED-REFINISED WOOD FLOORS - TWO NEW WALL A/C UNITS & MORE. WALK TO THE BEACH, OCEAN DRIVE, RESTAURANTS, STORES, BUSINESS CENTERS, AND MORE!! THIS PROP ERTY IS ELIGIBLE UNDER THE FREDDIE MAC FIRST LOOK INITIATIVE THROUGH 2/23/2013. >> MULTIPLE OFFER SITUATION - HIGHEST & BEST OFFER DUE BY 4 PM EST on WEDNESDAY, FEBRUARY 20, 2013 - SEE MLS ATTACHMENTS FOR SPECIAL CONTRACT/ADDENDA.

Last Agent to Sell the Property

Adrian Ambros

Florida Realty of Miami Corp License #0162991 Listed on: 02/08/2013

Florida Realty of Miami Corp

Last Buyer's Agent

Carlos Estrada

MMLS Assoc.-Inactive Member License #3126191

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,176

Year Built

  • Built in 1954

HOA Fees

  • $259 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 500 Sq Ft Home
  • 2-Story Property
  • Wood Flooring
  • Property Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 02-32-34-129-0010

Community Details

Overview

  • Lincoln Place Condo
  • Lincoln Place Condo Subdivision

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,176

Year Built

Built in 1954

Lot Details

0

HOA Fees

$259 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: MAPQUEST IT
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: Lincoln Place Condo
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: RealEstateOwned

Interior Features

  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Wood
  • Furnished: Unfurnished
  • Living Area: 500
  • Other Equipment: No Equipment
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: Entry Level

Exterior Features

  • View: Other View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Lincoln Place Condo
  • Open Parking: Yes
  • Parking Features: None, On Street

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Security: Complex Fenced, Other

Condo/Co-op/Association

  • Association Fee: 259
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-34-129-0010
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 259

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2176

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2013
Closed on
Mar 26, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Worth Gary
Seller's Agent
Adrian Ambros
Florida Realty of Miami Corp
Buyer's Agent
Carlos Estrada
MMLS Assoc.-Inactive Member
List Price
$149,900
Sold Price
$160,000
Premium/Discount to List
$10,100
6.74%
Current Estimated Value
$260,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,149
Avg. Annual Appreciation
4.07%

Purchase Details

Closed on
Dec 3, 2012
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Nov 9, 2012
Sold by
Silverthorne Andrea K
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Apr 4, 2001
Sold by
Lincoln Place C
Bought by
Silverthorne Andrea K
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
Worth Gary $160,000 Attorney
Federal Home Loan Mortgage Corporation -- New House Title Llc
Wells Fargo Bank Na $50,100 None Available
Silverthorne Andrea K $89,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silverthorne Andrea K $161,250
Previous Owner Silverthorne Andrea K $89,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2013 03/26/13 Sold $160,000 +6.7% $320 / Sq Ft
02/25/2013 02/25/13 Pending -- -- --
02/08/2013 02/08/13 For Sale $149,900 -- $300 / 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 $1,948 $149,096 -- --
2024 $1,881 $144,895 -- --
2023 $1,881 $140,675 $0 $0
2022 $1,791 $136,578 $0 $0
2021 $1,770 $132,600 $0 $0
2020 $1,913 $139,600 $0 $0
2019 $1,998 $143,900 $0 $0
2018 $2,077 $151,525 $0 $0
2017 $2,338 $163,577 $0 $0
2016 $2,324 $160,213 $0 $0
2015 $2,352 $159,100 $0 $0
2014 $2,775 $176,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Adrian Ambros

    Florida Realty of Miami

    (305) 598-5488

    2 Total Sales

    Adrian Ambros
    Section Image

  • C

    Buyer's Agent in 2013

    Carlos Estrada

    MMLS Assoc.-Inactive Member

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A1746085

MIAMI REALTORS® MLS

APN: 02-3234-129-0010

Florida Miami/Dade County Miami Beach 33139 Flamingo

1551 Michigan Ave Unit 1, Miami Beach, FL

This home is located at 1551 Michigan Ave Unit 1, Miami Beach, FL 33139 since 08 February 2013 and is currently estimated at $260,149, approximately $520 per square foot. This property was built in 1954. 1551 Michigan Ave Unit 1 is a home located in Miami-Dade County with nearby schools including Fienberg-Fisher K-8 Center, Nautilus Middle School, and Miami Beach 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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