NOT LISTED FOR SALE

1612 NW 42nd St Miami, FL 33142

Liberty City Neighborhood

Estimated Value: $454,082 - $532,000

3 Beds
2 Baths
1,059 Sq Ft
$462/Sq Ft Est. Value

Last Sold September 15, 2020

Last sale price $299,900 $283 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $3,096/month

14 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • 1-Story Property
  • No HOA

About This Home

As of September 2020

Income-producing property. Front Unit is a 4/2 and back Unit is a 1/1. Separate electric meters. Water meter is for both Units but Tenants pay for water is not included in the rent. Roofs were done back in 2013 and 2015 respectively. Both Units have central AC and each Unit has Washer and Dryer hookups. Front Unit rented month to month at $1600 per month and Back Unit rented month to month at $650 per month. DO NOT DISTURB TENANTS. SHOWINGS ARE: M-F starting at 11:00 AM and/or later than that time. 24 hour notice no exceptions. Tenant occupied
USE SHOW ASSIST.

Last Agent to Sell the Property

Cecilia Cordova

Redfin Corporation License #3030385 Listed on: 07/10/2020

Redfin Corporation

Last Buyer's Agent

Regina Ferdinand

First World Realty Group,LLC License #3058963

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,020

Year Built

  • Built in 1937

Lot Details

  • 5,009

Parking

  • 8 Parking Spaces

Home Design

  • Duplex
  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • 1,059 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Tile

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • No Home Owners Association
  • 2 Units
  • N Miami Estates Condos
  • N Miami Estates Subdivision

Listing and Financial Details

  • Rent includes trash collection, water
  • Assessor Parcel Number 01-31-23-037-3551

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,020

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1937
  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: N MIAMI ESTATES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile, Wood
  • Living Area: 1059
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: Frame With Stucco
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: N MIAMI ESTATES
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Gas
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-23-037-3551
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4020

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2020
Closed on
Sep 11, 2020
Sold by
1612 Nw 42 St Llc
Bought by
Samuel Wendell C
Seller's Agent
Cecilia Cordova
Redfin Corporation
Buyer's Agent
Regina Ferdinand
First World Realty Group,LLC
List Price
$299,900
Sold Price
$299,900
Current Estimated Value
$489,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,621
Avg. Annual Appreciation
12.00%
Original Mortgage
$294,467
Outstanding Balance
$262,034
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$263,432

Purchase Details

Closed on
Oct 4, 2018
Sold by
Rey Fernando Del and Ando Cristina
Bought by
1612 Nw 42 St Llc

Purchase Details

Listed on
Jan 16, 2014
Closed on
May 18, 2015
Sold by
Perspective Center Llc
Bought by
Delrey Fernando and Ando Cristina Maria
Seller's Agent
Lyubov Raffoul
Related ISG Realty, LLC.
Buyer's Agent
Lyubov Raffoul
Related ISG Realty, LLC.
List Price
$229,000
Sold Price
$155,000
Premium/Discount to List
-$74,000
-32.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.61%

Purchase Details

Closed on
Sep 19, 2012
Sold by
Rms Residential Properties Llc
Bought by
Perspective Center Llc

Purchase Details

Closed on
Oct 25, 2010
Sold by
Howard Devonne
Bought by
Rms Residential Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,261
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 1998
Sold by
Howard Corine
Bought by
Holmes Regina and Holmes Keith J
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
Samuel Wendell C $299,900 Quantum Title Llc
1612 Nw 42 St Llc -- None Available
Delrey Fernando $155,000 Seaview Title Company Llc
Perspective Center Llc $38,000 Servicelink
Rms Residential Properties Llc $15,600 None Available
Residential Mort Solutions Llc $15,600 None Available
Holmes Regina $48,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wendell Samuel $93,000
Open Samuel Wendell C $294,467
Previous Owner Rms Residential Properties Llc $121,261
Previous Owner Howard Devonne $172,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $299,900 0.0% $283 / Sq Ft
07/10/2020 07/10/20 For Sale $299,900 +93.5% $283 / Sq Ft
05/19/2015 05/19/15 Sold $155,000 -7.7% $104 / Sq Ft
04/23/2015 04/23/15 Pending -- -- --
02/11/2015 02/11/15 Price Changed $168,000 -8.7% $113 / Sq Ft
11/19/2014 11/19/14 Price Changed $184,000 +4.5% $124 / Sq Ft
06/21/2014 06/21/14 Price Changed $176,000 -5.9% $118 / Sq Ft
04/01/2014 04/01/14 Price Changed $187,000 -18.3% $126 / Sq Ft
01/15/2014 01/15/14 For Sale $229,000 -- $154 / 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 $5,145 $267,303 -- --
2024 $4,967 $254,135 -- --
2023 $4,967 $241,687 $0 $0
2022 $4,694 $229,848 $0 $0
2021 $4,526 $218,987 $109,908 $109,079
2020 $4,361 $171,270 $84,731 $86,539
2019 $4,020 $152,710 $65,178 $87,532
2018 $3,506 $131,125 $42,600 $88,525
2017 $3,307 $119,484 $0 $0
2016 $3,131 $108,622 $0 $0
2015 $1,820 $45,912 $0 $0
2014 $1,729 $41,739 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2020

    Cecilia Cordova

    Redfin Corporation

    Section Image
  • Regina Ferdinand

    Buyer's Agent in 2020

    Regina Ferdinand

    First World Realty Group,LLC

    (954) 665-9885

    1 in this area

    14 Total Sales

    Regina Ferdinand
    Section Image
  • Lyubov Raffoul

    Seller's Agent in 2015

    Lyubov Raffoul

    Related ISG Realty, LLC.

    (786) 863-3737

    8 Total Sales

    Lyubov Raffoul
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10888834

MIAMI REALTORS® MLS

APN: 01-3123-037-3551

Florida Miami/Dade County Miami 33142 Liberty City

1612 NW 42nd St, Miami, FL

This home is located at 1612 NW 42nd St, Miami, FL 33142 since 10 July 2020 and is currently estimated at $489,521, approximately $462 per square foot. This property was built in 1937. 1612 NW 42nd St is a home located in Miami-Dade County with nearby schools including Kelsey L. Pharr Elementary School, Georgia Jones Ayers Middle School, and Miami Jackson 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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