NOT LISTED FOR SALE

Estimated Value: $501,650 - $562,000

3 Beds
1 Bath
1,514 Sq Ft
$352/Sq Ft Est. Value

Last Sold May 14, 2021

Last sale price $359,995 $238 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,545/month

7 Days on Market

Highlights

  • No HOA
  • Patio
  • High-Efficiency Water Heater
  • Porch
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of May 2021

Excellent income-producing opportunity, priced to sell! 100% occupied with tenants who have been there over 10 yrs. Front is rented Section 8 as a 4/2 & 2/1, but can be separated into a 3/1 and 1/1 providing additional rental income; Rear is private rental; Both units are month-to-month. Current rents are below Payment Standard producing $34,200 in GI but can be adjusted to meet current Payment Standard to produce $59,688 with a potential CAP of 15.69%! SEE ATTACHED FINANCIALS. Property has passed all Section 8 inspections. Central A/C units from 2018 & 2020; double electrical meters; tankless water heaters; tile throughout; windows/doors security bars; fenced; both units have their own private entrances and yard spaces. Parking for 3 cars outside/2 inside.

Last Agent to Sell the Property

Beatriz Rodriguez Morales

Carrera Consulting Group Inter License #3460718 Listed on: 03/24/2021

Co-Listed By

Lina Carrera

Carrera Consulting Group Inter License #3225360

Last Buyer's Agent

William Farelo Ternera

MMLS Assoc.-Inactive Member License #3399579

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,074

Year Built

  • Built in 1924

Lot Details

  • Fenced
  • Property is zoned 5700

Parking

  • 5 Parking Spaces

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,514 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Eco-Friendly Details

  • Energy-Efficient HVAC

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Central Heating and Cooling System
  • High-Efficiency Water Heater

Listing and Financial Details

  • Total Actual Rent $34,200
  • Rent includes hot water, sewer, trash collection, water
  • Assessor Parcel Number 01-31-22-047-0311

Community Details

Overview

  • No Home Owners Association
  • 17Th Ave Manor 2Nd Addn Subdivision

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,074

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1924
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Co List Office Mls Id: CCGI01
  • Co List Office Phone: 786-505-0084
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: 17TH AVE MANOR 2ND ADDN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1514
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Other
  • Exterior Features: Exterior Lights
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 17TH AVE MANOR 2ND ADDN
  • Total Parking Spaces: 5

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-22-047-0311
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: HVAC, Water Heater

Rental Info

  • Rent Includes: Hot Water, Sewer, Trash Collection, Water

Multi Family

  • Net Operating Income: 29401
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Operating Expense: 4799
  • Total Actual Rent: 34200

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3074

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
May 14, 2021
Sold by
Br Property Holdings Llc
Bought by
Gonzalez Reinier
Seller's Agent
Beatriz Rodriguez Morales
Carrera Consulting Group Inter
Buyer's Agent
William Farelo Ternera
MMLS Assoc.-Inactive Member
List Price
$349,900
Sold Price
$359,995
Premium/Discount to List
$10,095
2.89%
Current Estimated Value
$532,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,918
Avg. Annual Appreciation
9.24%
Original Mortgage
$353,474
Outstanding Balance
$319,329
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$213,584

Purchase Details

Closed on
Apr 15, 2020
Sold by
Gonzales Yvette
Bought by
Br Property Holdings Llc

Purchase Details

Closed on
Sep 26, 2013
Sold by
Gonzalez Jorge Luis
Bought by
Gonzalez Yvette

Purchase Details

Closed on
Sep 29, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Gonzalez Jorge Luis

Purchase Details

Closed on
Feb 24, 2009
Sold by
Glaghassi Riem
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jul 26, 2006
Sold by
Benedi Aris Fernando and Verger Sebastian
Bought by
Glaghassi Subhi and Glaghassi Riem

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
8.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 20, 2004
Sold by
Canaan Enterprises Llc
Bought by
Benedi Aris and Verger Sebastian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
7.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 9, 2003
Sold by
Federal National Mortgage Association
Bought by
Canaan Enterprises Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
5.62%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 11, 2002
Sold by
Silvio Quintana Coc I and Clerk Of Court C
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 12, 2001
Sold by
Ramiro Gereda I
Bought by
Quintana Silvio

Purchase Details

Closed on
Dec 23, 1999
Sold by
Cprs Developments Llc
Bought by
Gereda Ramiro

Purchase Details

Closed on
Jun 3, 1999
Sold by
J G V Properties
Bought by
Cprs Developments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,600
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 1999
Sold by
Bankers Trust Co Callifornia Na Tr
Bought by
J G V Properties Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,600
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 1998
Sold by
Dade County Circuit Court
Bought by
Bankers Trust Company Of California

Purchase Details

Closed on
Sep 18, 1996
Sold by
Marshall Jimmie
Bought by
Marshall Isiah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
7.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Gonzalez Reinier $360,000 Assure America Title Company
Gonzalez Reinier $360,000 Assure America Title
Br Property Holdings Llc $110,000 Attorney
Gonzalez Yvette -- Attorney
Gonzalez Jorge Luis $30,001 Integrity Title Services Inc
Deutsche Bank National Trust Company -- None Available
Glaghassi Subhi $190,000 Bedrock Title Services Inc
Benedi Aris $133,000 --
Canaan Enterprises Llc $72,500 Watson Title & Insurance Inc
Federal National Mortgage Association -- --
Quintana Silvio $118,000 --
Gereda Ramiro $82,000 --
Cprs Developments Llc $34,000 --
J G V Properties Inc $26,900 --
Bankers Trust Company Of California -- --
Marshall Isiah $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Reinier $353,474
Closed Gonzalez Reinier $353,474
Previous Owner Glaghassi Subhi $152,000
Previous Owner Benedi Aris $119,700
Previous Owner Canaan Enterprises Llc $65,000
Previous Owner Marshall Isiah $32,600
Previous Owner Marshall Isiah $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/14/2021 05/14/21 Sold $359,995 +2.9% $238 / Sq Ft
03/23/2021 03/23/21 For Sale $349,900 -- $231 / 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 $8,726 $399,661 $187,264 $212,397
2024 $8,168 $396,386 -- --
2023 $8,168 $360,351 $140,415 $219,936
2022 $7,666 $334,983 $118,437 $216,546
2021 $4,924 $195,973 $86,284 $109,689
2020 $3,202 $169,925 $60,236 $109,689
2019 $3,034 $161,378 $51,689 $109,689
2018 $2,665 $131,488 $27,472 $104,016
2017 $2,322 $65,235 $0 $0
2016 $2,142 $59,305 $0 $0
2015 $1,983 $53,914 $0 $0
2014 $1,885 $49,013 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11017715

MIAMI REALTORS® MLS

APN: 01-3122-047-0311