Seller's Agent in 2020
Laiz Escolar
EXP Realty LLC
(786) 340-7401
5 Total Sales
1759 SW 4th St Miami, FL 33135
Little Havana NeighborhoodEstimated Value: $802,000 - $1,045,000
6
Beds
4
Baths
2,144
Sq Ft
$416/Sq Ft
Est. Value
Highlights
- No HOA
- Patio
- Central Heating and Cooling System
- Partial Accordion Shutters
- Terrazzo Flooring
About This Home
As of July 2020REDUCED FOR A QUICK SALE! POSSIBLE 9-12% cap!
Legal duplex, with separate meters, consisting of two 3/2s, currently rented at below market price of $1800 and $1750. (Leases end on November.)
Each unit has a separate master unit with its own entrance, which could be rented separately.
In that case the rent could be $1600+$1000+$1600+$1000=$5200.
If you rent the 1/1s separately, the cash CAP becomes 7% and 19% 30 year annualized CAP with mortgage.
Since you will own the property in 30 years, you should ad the increase of equity, and we call that the "30 year annualized CAP". If renting under section 8 their "Fair Market Rent" for Miami-Dade as of March 1, 2020 for a 3 bedroom is $2121.
Co-Listed By
Sujheil Garate
MMLS Assoc.-Inactive Member License #3349616
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,322
Year Built
- Built in 1979
Lot Details
- 4,835
Parking
- 5 Parking Spaces
Home Design
- Duplex
- Shingle Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 2,144 Sq Ft Home
- 2-Story Property
- Terrazzo Flooring
- Partial Accordion Shutters
Additional Features
- Patio
- Central Heating and Cooling System
Listing and Financial Details
- Home warranty included in the sale of the property
- Total Actual Rent $42,600
- Assessor Parcel Number 01-41-03-014-1530
Community Details
Overview
- No Home Owners Association
- 2 Units
- Idlewild Park Condos
- Idlewild Park Subdivision, Duplex Floorplan
Building Details
- Operating Expense $9,619
- Net Operating Income $32,981
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 1, 2020
Closed on
Jun 26, 2020
Sold by
Escolar Carlos and Escolar Laiz
Bought by
L & L Capital Investments Llc
Seller's Agent
Laiz Escolar
EXP Realty LLC
Buyer's Agent
Rick Romero
North America Realty Advisors
List Price
$540,000
Sold Price
$475,000
Premium/Discount to List
-$65,000
-12.04%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$416,815
Avg. Annual Appreciation
12.72%
Original Mortgage
$205,000
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jan 13, 2017
Closed on
Jun 7, 2017
Sold by
Luth Llc
Bought by
Escolar Carlos and Escolar Laiz
Seller's Agent
Nelson De la Rosa
Atlas Rockstone Int'l Realty
Buyer's Agent
Laiz Escolar
EXP Realty LLC
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.09%
Purchase Details
Listed on
Apr 30, 2014
Closed on
Apr 2, 2014
Sold by
Jimenez Ana Mercedes
Bought by
Luth Llc
Seller's Agent
L. Marshall Byrum
Coldwell Banker Realty
Buyer's Agent
L. Marshall Byrum
Coldwell Banker Realty
Sold Price
$1,400
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.60%
Purchase Details
Closed on
Apr 4, 2001
Sold by
Savings Ba Liberty I
Bought by
Lara Zenaida
Purchase Details
Closed on
Oct 5, 2000
Sold by
Dade County Circuit Court
Bought by
Liberty Savings Bank
Purchase Details
Closed on
Aug 26, 1993
Sold by
Fernandez Angel and Fernandez Rosa
Bought by
Hernandez Lidia and Prado Nelson A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,800
Interest Rate
7.24%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| L & L Capital Investments Llc | $475,000 | Excellence Title Agency Inc | |
| Escolar Carlos | $315,000 | Excellence Title Agency Inc | |
| Luth Llc | $280,000 | Sunbelt Title Agency | |
| Lara Zenaida | $95,000 | -- | |
| Liberty Savings Bank | $100 | -- | |
| Hernandez Lidia | $108,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | L & L Capital Investments Llc | $205,000 | |
| Previous Owner | Hernandez Lidia | $86,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2020 07/01/20 | Sold | $475,000 | -4.8% | $222 / Sq Ft |
| 04/20/2020 04/20/20 | Price Changed | $499,000 | -7.6% | $233 / Sq Ft |
| 03/24/2020 03/24/20 | For Sale | $540,000 | +28.6% | $252 / Sq Ft |
| 06/07/2017 06/07/17 | Sold | $420,000 | -1.2% | $196 / Sq Ft |
| 05/19/2017 05/19/17 | Pending | -- | -- | -- |
| 04/20/2017 04/20/17 | For Sale | $425,000 | 0.0% | $198 / Sq Ft |
| 02/28/2017 02/28/17 | Pending | -- | -- | -- |
| 02/09/2017 02/09/17 | Price Changed | $425,000 | -2.3% | $198 / Sq Ft |
| 01/13/2017 01/13/17 | For Sale | $435,000 | 0.0% | $203 / Sq Ft |
| 04/23/2014 04/23/14 | Rented | $1,400 | -6.7% | -- |
| 04/23/2014 04/23/14 | For Rent | $1,500 | 0.0% | -- |
| 04/04/2014 04/04/14 | Sold | $280,000 | -3.4% | $131 / Sq Ft |
| 02/10/2014 02/10/14 | Pending | -- | -- | -- |
| 01/22/2014 01/22/14 | For Sale | $289,900 | -- | $135 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $10,592 | $468,477 | -- | -- |
| 2024 | $8,708 | $425,889 | -- | -- |
| 2023 | $8,708 | $386,647 | $363,750 | $22,897 |
| 2022 | $8,476 | $365,773 | $0 | $0 |
| 2021 | $7,825 | $332,521 | $218,250 | $114,271 |
| 2020 | $7,861 | $333,416 | $218,250 | $115,166 |
| 2019 | $7,628 | $334,312 | $218,250 | $116,062 |
| 2018 | $6,765 | $286,708 | $169,750 | $116,958 |
| 2017 | $4,179 | $149,913 | $0 | $0 |
| 2016 | $3,734 | $136,285 | $0 | $0 |
| 2015 | $3,975 | $144,589 | $0 | $0 |
| 2014 | $3,727 | $124,290 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Laiz Escolar
-
S
Seller Co-Listing Agent in 2020
Sujheil Garate
MMLS Assoc.-Inactive Member
-
Rick Romero
R
Buyer's Agent in 2020
Rick Romero
North America Realty Advisors
(305) 951-4487
5 Total Sales
-
Nelson De la Rosa
Seller's Agent in 2017
Nelson De la Rosa
Atlas Rockstone Int'l Realty
(305) 322-8429
14 Total Sales
-
L. Marshall Byrum
Seller's Agent in 2014
L. Marshall Byrum
Coldwell Banker Realty
(305) 613-6633
8 Total Sales
-
C
Seller's Agent in 2014
Cristina Munoz
MMLS Assoc.-Inactive Member
Map
Source: MIAMI REALTORS® MLS
MLS Number: A10838522
APN: 01-4103-014-1530
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.
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