NOT LISTED FOR SALE

1780 Ali Baba Ave Opa Locka, FL 33054

Rainbow Park Neighborhood

Estimated Value: $391,913 - $465,000

4 Beds
2 Baths
1,404 Sq Ft
$304/Sq Ft Est. Value

Last Sold June 01, 2021

Last sale price $267,000 $190 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,757/month

87 Days on Market

Highlights

  • No HOA
  • Heating System Mounted To A Wall or Window
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window

About This Home

As of June 2021

Great investment opportunity! Both units are 2 beds/1 bath. Units are currently rented under market value. Great potential to increase the rent for a significantly higher monthly income. All tenants are month to month and currently paying.

Last Agent to Sell the Property

Nicole Alvarez

Keller Williams Capital Realty License #3422355 Listed on: 01/25/2021

Keller Williams Capital Realty

Last Buyer's Agent

Alicia Swan-Hayes

The R E Experts of South Fla License #0675996

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,451

Year Built

  • Built in 1962

Lot Details

  • 7,013

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,404 Sq Ft Home
  • 1-Story Property
  • Blinds

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units
  • Magnolia Sub Condos
  • Magnolia Sub Subdivision

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 08-21-22-000-0290

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,451

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1962
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: MAGNOLIA SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other
  • Living Area: 1404
  • Possible Use: Unknown/Withheld
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Roof: Shingle
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MAGNOLIA SUB
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 08-21-22-000-0290
  • Zoning: 6800
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 3451

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
Jan 25, 2021
Closed on
May 28, 2021
Sold by
Universal Financial Holdings Inc
Bought by
Thick Water Lllp
Seller's Agent
Nicole Alvarez
Keller Williams Capital Realty
Buyer's Agent
Alicia Swan-Hayes
The R E Experts of South Fla
List Price
$289,000
Sold Price
$267,000
Premium/Discount to List
-$22,000
-7.61%
Current Estimated Value
$426,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,978
Avg. Annual Appreciation
13.44%
Original Mortgage
$213,600
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 23, 2017
Sold by
Lauderdale Lakes Investment Inc
Bought by
Universal Financial Holdings Inc

Purchase Details

Closed on
Dec 4, 2015
Sold by
Fundora Arsenio
Bought by
Lauderdale Lakes Investment Inc

Purchase Details

Closed on
Mar 30, 2015
Sold by
Fuertes Lismari
Bought by
Fundara Arsenio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,250
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 11, 2013
Sold by
Puran Eshwerdatt
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 27, 2006
Sold by
Riverside Stores Llc
Bought by
Puran Eshwerdatt

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 15, 2004
Sold by
Canet Nathalia and Leiva Oscar
Bought by
Riverside Stores Llc

Purchase Details

Closed on
Jun 10, 2004
Sold by
Hud
Bought by
Canet Nathalia

Purchase Details

Closed on
Jul 16, 2003
Sold by
National City Mortgage Co
Bought by
Hud

Purchase Details

Closed on
Mar 18, 2003
Sold by
Hud
Bought by
National City Mortgage

Purchase Details

Closed on
Apr 30, 2002
Sold by
David Ngrany Coc I and Clerk Of Court C
Bought by
National City Mortgage Co

Purchase Details

Closed on
Apr 17, 2002
Sold by
National City Mortgage Co
Bought by
Hud

Purchase Details

Closed on
Apr 30, 2001
Sold by
Mario Herrera I
Bought by
Zangrany David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
7.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2001
Sold by
Clerk Of The Court
Bought by
Bankone National Assn

Purchase Details

Closed on
Feb 24, 2000
Sold by
Brad Emmer Tr
Bought by
Holmes Kesha

Purchase Details

Closed on
Mar 24, 1998
Sold by
Dwight Hermie
Bought by
Patricia Knight Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
6.99%
Mortgage Type
New Conventional
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
Thick Water Lllp $250,000 Qualified Title Services Llc
Universal Financial Holdings Inc -- None Available
Lauderdale Lakes Investment Inc $87,000 Nu World Title Llc
Fundara Arsenio $87,000 None Available
Federal National Mortgage Association $50,100 None Available
Puran Eshwerdatt $150,000 Southern Coast Title Service
Riverside Stores Llc -- --
Canet Nathalia $92,600 Lawyers Advantage Title Grou
Hud -- --
National City Mortgage -- --
National City Mortgage Co -- --
Hud -- --
Zangrany David $85,000 --
Bankone National Assn $100 --
Holmes Kesha $72,000 --
Patricia Knight Inc $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thick Water Lllp $213,600
Previous Owner Fundara Arsenio $65,250
Previous Owner Puran Eshwerdatt $112,500
Previous Owner Patricia Knight Inc $37,000
Previous Owner Patricia Knight Inc $37,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2021 06/01/21 Sold $267,000 -7.6% $190 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
01/25/2021 01/25/21 For Sale $289,000 +425.5% $206 / Sq Ft
12/19/2013 12/19/13 Sold $55,000 +0.2% $39 / Sq Ft
11/26/2013 11/26/13 Pending -- -- --
04/22/2013 04/22/13 For Sale $54,900 -- $39 / 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 $5,932 $193,458 -- --
2024 $5,166 $175,871 -- --
2023 $5,166 $159,883 $84,000 $75,883
2022 $4,746 $145,900 $70,000 $75,900
2021 $3,822 $103,749 $0 $0
2020 $3,451 $103,227 $45,500 $57,727
2019 $3,173 $85,744 $28,000 $57,744
2018 $3,153 $83,763 $28,000 $55,763
2017 $2,935 $76,763 $0 $0
2016 $3,305 $76,763 $0 $0
2015 $3,181 $76,763 $0 $0
2014 $3,786 $103,315 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10988528

MIAMI REALTORS® MLS

APN: 08-2122-000-0290