NOT LISTED FOR SALE

Estimated Value: $461,118 - $507,000

3 Beds
2 Baths
1,280 Sq Ft
$379/Sq Ft Est. Value

Last Sold January 08, 2021

Last sale price $292,000 $228 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $3,295/month

118 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Fenced
  • Wall Furnace
  • Tile Flooring

About This Home

As of January 2021

Great income producing duplex for sale in Cedarhurst/Allapatah minutes away from Wynwood/Midtown and down town Miami. Neighborhood is fairly quiet nestled away from road noise and main road traffic. Huge Backyard with lots of space and potential for outdoors. Property consist of 2 units, 2bed/1bath, and 1 bed/1bath . Property is very easy to update, with a turn around potential for a tremendous great return on investment. This is a keeper, for first timer investor or season portfolio investors. Great opportunity with a Guarantee Deed. One unit rented month to month, second unit vacant at the moment. Each unit has it's separate electrical meter. ****DO NOT DISTURB TENANT**** for showing contact listing agent 24 hours in advanced.

Last Listed By

Leonard Neal

Reliant Realty ERA Powered License #3282497 Listed on: 08/12/2020

Reliant Realty ERA Powered

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,514

Year Built

  • Built in 1956

Lot Details

  • 5,000 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Composition Roof

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • 2 Units
  • Cedarhurst Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-23-038-0100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,514

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Google Map Address Fastest Way:Directions... Head North or South on 17th Street towards 41st Street, Head East once on 41st Street second property on your right.
  • Year Built: 1956
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1280.0

Exterior Features

  • Exterior Features: Fence
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No

Lot Info

  • Parcel #: 01-31-23-038-0100
  • Lot Size Sq Ft: 5000.0
  • Zoning Description: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2514.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Jan 6, 2021
Sold by
Dean Noward E C and Dean Ruby O
Bought by
Ruiz Luis Fernando Ramos
Seller's Agent
Leonard Neal
Reliant Realty ERA Powered
List Price
$323,000
Sold Price
$292,000
Premium/Discount to List
-$31,000
-9.6%
Total Days on Market
118
Current Estimated Value
$485,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,030
Avg. Annual Appreciation
12.20%
Original Mortgage
$286,711
Outstanding Balance
$258,803
Interest Rate
2.71%
Mortgage Type
FHA
Estimated Equity
$226,227
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
Ruiz Luis Fernando Ramos $292,000 Federal Title & Trust Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Luis Fernando Ramos $286,711
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2021 01/08/21 Sold $292,000 -9.6% $228 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $323,000 -- $252 / Sq Ft
Source: BeachesMLS

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
2024 $6,862 $325,938 -- --
2023 $6,862 $296,308 $0 $0
2022 $6,313 $269,371 $136,320 $133,051
2021 $3,007 $78,232 $0 $0
2020 $2,740 $136,442 $84,731 $51,711
2019 $2,514 $116,904 $65,178 $51,726
2018 $0 $94,341 $42,600 $51,741
2017 $2,083 $53,435 $0 $0
2016 $1,967 $48,578 $0 $0
2015 $1,577 $44,162 $0 $0
2014 $1,577 $40,148 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10646169

BeachesMLS

APN: 01-3123-038-0100