NOT LISTED FOR SALE

1880 Ali Baba Ave Opa Locka, FL 33054

Rainbow Park Neighborhood

Estimated Value: $181,533 - $500,000

4 Beds
2 Baths
1,161 Sq Ft
$280/Sq Ft Est. Value

Last Sold October 19, 2012

Last sale price $35,000 $30 Per Sq Ft

Est. 828% increase in value since last sale

Current estimated payment $1,806/month

33 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Heating Available

About This Home

As of October 2012

Corporate owned, cash only. Proof Of Funds required with offer. Needs minor repairs. Sold As-Is. Great investment, will not last. Not a short sale, buy quickly. Section 8 approved.

Last Agent to Sell the Property

Andros Sarduy

Synergy Realty Advisors License #3225429 Listed on: 08/08/2012

Last Buyer's Agent

Andros Sarduy

Synergy Realty Advisors License #3225429 Listed on: 08/08/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 50x125

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,161 Sq Ft Home
  • Tile Flooring

Utilities

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

Community Details

  • Property has a Home Owners Association
  • 4 Units
  • Magnolia Sub Condos
  • Magnolia Sub Subdivision

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 08-21-22-003-2320

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1955
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • Lot Size: 50x125
  • New Construction: No
  • Structure Type: Duplex
  • Subdivision Name: MAGNOLIA SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • LastStatus: Pending
  • CurrentPrice: 35000
  • InternetRemarks: Corporate owned, cash only. Proof Of Funds required with offer. Needs minor repairs. Sold As-Is. Great investment, will not last. Not a short sale.
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Tile
  • Living Area: 1161
  • Possible Use: Unknown/Withheld

Exterior Features

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

Garage/Parking

  • Park Building Name: MAGNOLIA SUB

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Lot Info

  • Parcel Number: 08-21-22-003-2320
  • Zoning: 68/COMM

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 2762

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2014
Sold by
Ortega Nadin Ismael
Bought by
Neighborhood Housing Llc
Current Estimated Value
$324,883

Purchase Details

Listed on
Aug 8, 2012
Closed on
Oct 19, 2012
Sold by
Premier Re Investments Llc
Bought by
1880 Ali Baba Ave Trust
Seller's Agent
Andros Sarduy
Synergy Realty Advisors
Buyer's Agent
Andros Sarduy
Synergy Realty Advisors
List Price
$30,000
Sold Price
$35,000
Premium/Discount to List
$5,000
16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.28%

Purchase Details

Listed on
Aug 8, 2012
Closed on
Oct 15, 2012
Sold by
Kc Partners Llc
Bought by
Ortega Nadin Ismael
Seller's Agent
Andros Sarduy
Synergy Realty Advisors
Buyer's Agent
Andros Sarduy
Synergy Realty Advisors
List Price
$30,000
Sold Price
$35,000
Premium/Discount to List
$5,000
16.67%

Purchase Details

Closed on
Oct 5, 2009
Sold by
Wells Fargo Bank Na
Bought by
Premier Re Investments Llc

Purchase Details

Closed on
Sep 3, 2008
Sold by
St Louis Reynold
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 26, 2000
Sold by
Sec Of Hud
Bought by
St Louis Reynold

Purchase Details

Closed on
Oct 21, 1999
Sold by
Aurora Loan Services Inc
Bought by
Sec Of Hud

Purchase Details

Closed on
Oct 5, 1999
Sold by
Dade County Circuit Court
Bought by
Aurora Loan Services Inc
Source: Public Records
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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
Neighborhood Housing Llc $69,300 Surealty Title Inc
1880 Ali Baba Ave Trust $35,000 E C Title Services Inc
Ortega Nadin Ismael $46,800 E C Title Services Inc
Premier Re Investments Llc $20,100 Landsafe Title Of Fl Inc
Wells Fargo Bank Na -- None Available
St Louis Reynold $35,900 --
Sec Of Hud -- --
Aurora Loan Services Inc $100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2012 10/19/12 Sold $35,000 +16.7% $30 / Sq Ft
09/10/2012 09/10/12 Pending -- -- --
08/08/2012 08/08/12 For Sale $30,000 -- $26 / 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 $1,422 $44,288 -- --
2024 $1,166 $40,262 -- --
2023 $1,166 $36,602 $0 $0
2022 $1,019 $33,275 $0 $0
2021 $917 $30,250 $0 $0
2020 $808 $40,625 $40,625 $0
2019 $651 $25,000 $25,000 $0
2018 $2,965 $78,638 $25,000 $53,638
2017 $2,767 $72,388 $0 $0
2016 $3,131 $72,388 $0 $0
2015 $3,010 $72,388 $0 $0
2014 $3,542 $95,995 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1674621

MIAMI REALTORS® MLS

APN: 08-2122-003-2320