NOT LISTED FOR SALE

Estimated Value: $452,207 - $916,000

2 Beds
2 Baths
1,394 Sq Ft
$437/Sq Ft Est. Value

Last Sold March 16, 2020

Last sale price $227,500 $163 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $3,819/month

50 Days on Market

Highlights

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

About This Home

As of March 2020

Great income property with option to build a multifamily in a great location. 1925 & 1927 Rodman 2 Duplexes, on a large lot, and must sell together. Enjoy the cash flow while working on plans to develop up to 16 units as per city. New roof, was recently done with permits. price is per each property, but must sale together.located in the Opportunity zone.

Last Agent to Sell the Property

Ruhama Sahar

NER Realty Network, LLC License #3233667 Listed on: 12/23/2019

Last Buyer's Agent

Priscilla Reales

MMLS Assoc.-Inactive Member License #3359612

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,972

Year Built

  • Built in 1936

Lot Details

  • 5,445

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Frame With Stucco
  • Flat Tile Roof

Interior Spaces

  • 1,394 Sq Ft Home
  • 1-Story Property

Flooring

  • Wood
  • Carpet
  • Tile

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units
  • Hollywood South Side Add Condos
  • Hollywood South Side Add Subdivision

Listing and Financial Details

  • Rent includes gardener, sewer, water
  • Assessor Parcel Number 514222101210

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,972

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1936
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: HOLLYWOOD SOUTH SIDE ADD
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Carpet, Other, Tile, Wood
  • Living Area: 1394
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Flat Tile, Other
  • Construction Type: Frame With Stucco
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HOLLYWOOD SOUTH SIDE ADD
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514222101210
  • Zoning: residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Sewer, Water

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2972

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2019
Closed on
Mar 17, 2020
Sold by
Gp Luxury Usa Llc
Bought by
Dream Homes Development Group Llc
Seller's Agent
Ruhama Sahar
NER Realty Network, LLC
Buyer's Agent
Priscilla Reales
MMLS Assoc.-Inactive Member
List Price
$275,000
Sold Price
$227,500
Premium/Discount to List
-$47,500
-17.27%
Current Estimated Value
$609,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,302
Avg. Annual Appreciation
19.60%
Original Mortgage
$240,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2017
Sold by
Orlanis Tye Roger
Bought by
Mar Ii Usa Investments Llc

Purchase Details

Closed on
Apr 30, 2002
Sold by
Menyhart David J
Bought by
Orlanis Tye R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,322
Interest Rate
7.16%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 29, 2000
Sold by
Starkey Michael T
Bought by
Menyhart David J

Purchase Details

Closed on
Sep 11, 1997
Sold by
Matluck David A and Matluck Patricia
Bought by
Starkey Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,300
Interest Rate
7.39%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 12, 1997
Sold by
Federal National Mortgage Assoc
Bought by
Matluck David

Purchase Details

Closed on
Jan 7, 1997
Sold by
Clerk Of The Court
Bought by
Home Savings Of America
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
Dream Homes Development Group Llc $275,000 None Available
Gp Luxury Usa Llc $227,500 None Available
Mar Ii Usa Investments Llc $285,000 Attorney
Orlanis Tye R $115,000 Title Guaranty & Escrow Inc
Menyhart David J $100,000 --
Starkey Michael T $83,000 --
Matluck David $40,800 --
Federal National Mortgage Association $100 --
Home Savings Of America $52,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dream Homes Development Group $350,000
Previous Owner Dream Homes Development Group Llc $320,000
Previous Owner Gp Luxury Usa Llc $240,000
Previous Owner Orlanis Tye R $109,200
Previous Owner Orlanis Tye R $106,322
Previous Owner Home Savings Of America $8,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2020 03/16/20 Sold $227,500 -17.3% $163 / Sq Ft
12/23/2019 12/23/19 For Sale $275,000 -- $197 / 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 $6,839 $299,760 -- --
2024 $6,234 $299,760 -- --
2023 $6,234 $247,740 $0 $0
2022 $5,334 $225,220 $0 $0
2021 $4,877 $204,750 $32,530 $172,220
2020 $2,953 $113,570 $32,530 $81,040
2019 $2,972 $113,190 $32,530 $80,660
2018 $2,698 $102,670 $32,530 $70,140
2017 $2,080 $72,400 $0 $0
2016 $1,905 $65,820 $0 $0
2015 $1,723 $59,840 $0 $0
2014 $1,750 $59,120 $0 $0
2013 -- $53,750 $27,110 $26,640
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10790855

MIAMI REALTORS® MLS

APN: 51-42-22-10-1210