NOT LISTED FOR SALE

Estimated Value: $729,000 - $787,000

4 Beds
3 Baths
1,809 Sq Ft
$413/Sq Ft Est. Value

Last Sold March 08, 2023

Last sale price $640,000 $354 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $4,657/month

120 Days on Market

Highlights

  • Lake Front
  • Private Dock
  • Room in yard for a pool
  • Miami Lakes Middle School Rated A-
  • Garage Apartment
  • Ranch Style House

About This Home

As of March 2023

BEAUTIFUL LAKE FRONT SINGLE FAMILY HOME. STUNNING LAKE VIEWS. PRIVATE BEACH. PRIVATE LAKE ACCESS. THIS IS A GREAT HOME ANYWAY YOU LOOK AT IT. CURRENTLY RENTED FOR INCOME, WITH MULTIPLE RENTAL OPPORTUNITIES. HOME CURRENTLY HAS GARAGE CONVERTED WITH 1/1 STUDIO APARTMENT IN GARAGE WITH ITS OWN ACCESS AND CARPORT PARKING! THE REST OF THE HOME IS 3 BEDS AND 2 BATHS PLUS A OFFICE/DEN WHICH COULD EASILY BE 4TH BEDROOM IF YOU NEED IT. BOTH SEPARATE LIVING AND DINING AREAS IN ADDITION TO THE 3 BED ROOMS PLUS THE OFFICE/DEN. THIS IS A WELL SET UP PROPERTY, SPLIT FLOOR PLAN AND ABSOLUTELY STUNNING BACK YARD LEADING OUT TO THE LAKE. THE HOMES LOCATION OFFERS EXTREMELY EASY ACCESS TO THE PALMETTO EXPRESSWAY ALL WHILE HAVING YOUR OWN PIECE OF LAKEFRONT PARADISE. - NO HOA - NO RESTRICTIONS AT ALL!

Last Agent to Sell the Property

Sam Fugina

Marlin Realty Inc License #3332259 Listed on: 11/07/2022

Co-Listed By

David Gutierrez

Marlin Realty Inc License #3170483

Last Buyer's Agent

Andy Molina

Ace Realty & Associates, LLC License #3420094

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,386

Year Built

  • Built in 1965

Lot Details

  • 7,500 Sq Ft Lot
  • 100 Ft Wide Lot
  • Lake Front
  • North Facing Home
  • Property is zoned 0100

Home Design

  • Ranch Style House
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,809 Sq Ft Home
  • Tile Flooring
  • Lake Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • 2 Attached Carport Spaces
  • Garage Apartment
  • Converted Garage
  • Circular Driveway
  • Open Parking

Outdoor Features

  • Room in yard for a pool
  • Access To Lake
  • Private Dock
  • Patio

Schools

  • Palm Lakes Elementary School
  • Miami Lakes Middle School
  • Hialeah-Miami Lakes High School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association
  • Palm Springs Lakes 5Th Ad,Palm Springs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-20-26-019-0310

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,386

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story, Ranch
  • Carport Y N: Yes
  • Co List Office Mls Id: MRLT01
  • Co List Office Phone: 954-442-4748
  • Garage Yn: No
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: PALM SPRINGS LAKES 5TH AD,Palm Springs
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Washer
  • Interior Amenities: Split Bedroom, Garage Apartment, Garage Converted, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1809
  • Possible Use: Primary
  • Window Features: Hurricane Shutters
  • Bedroom Features: None
  • Living Room Features: Garage Apartment, Garage Converted, Utility Room/Laundry

Exterior Features

  • Roof: Barrel Roof
  • View: Lake
  • Exterior Features: Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: WF/No Ocean Access, Lake, Lake Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: PALM SPRINGS LAKES 5TH AD
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport, Circular Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Palm Lakes
  • High School: Hialeah-Miami Lakes
  • Middle Or Junior School: Miami Lakes

Lot Info

  • Parcel Number: 04-20-26-019-0310
  • Lot Size Sq Ft: 7500
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6386

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2022
Closed on
Mar 8, 2023
Sold by
Arza Jorge and Arza Rita
Bought by
Baez Claudia Marin and Duenas Lidia Teresa
Seller's Agent
Sam Fugina
Marlin Realty Inc
Buyer's Agent
Andy Molina
Ace Realty & Associates, LLC
List Price
$730,000
Sold Price
$640,000
Premium/Discount to List
-$90,000
-12.33%
Views
82
Current Estimated Value
$746,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,669
Avg. Annual Appreciation
6.01%
Original Mortgage
$598,500
Outstanding Balance
$579,710
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$166,959

Purchase Details

Closed on
Apr 20, 2022
Sold by
Sanchez Elsy
Bought by
Arza Jorge and Arza Rita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2007
Sold by
Arza Luis Francisco and Arza Norma
Bought by
Arza Luis Francisco and Arza Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
5.44%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
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
Baez Claudia Marin $640,000 Clear Title
Baez Claudia Marin $640,000 Clear Title
Arza Jorge -- None Listed On Document
Arza Luis Francisco $7,900 Beach To Bay Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baez Claudia Marin $598,500
Closed Baez Claudia Marin $598,500
Previous Owner Arza Jorge $400,000
Previous Owner Arza Luis Francisco $544,185
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2023 03/08/23 Sold $640,000 -8.4% $354 / Sq Ft
01/14/2023 01/14/23 Price Changed $699,000 -4.2% $386 / Sq Ft
11/07/2022 11/07/22 For Sale $730,000 -- $404 / 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 $8,764 $521,203 $315,000 $206,203
2024 $7,894 $510,709 $315,000 $195,709
2023 $7,894 $420,560 $252,000 $168,560
2022 $6,930 $364,436 $0 $0
2021 $6,386 $331,306 $180,048 $151,258
2020 $1,307 $194,218 $0 $0
2019 $1,279 $189,852 $0 $0
2018 $0 $186,313 $0 $0
2017 $1,094 $182,481 $0 $0
2016 $2,112 $178,728 $0 $0
2015 $2,057 $177,486 $0 $0
2014 $2,057 $176,078 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11299340

MIAMI REALTORS® MLS

APN: 04-2026-019-0310