NOT LISTED FOR SALE

1940 Lincoln Ave Opa Locka, FL 33054

Rainbow Park Neighborhood

Estimated Value: $539,745

-- Bed
2 Baths
3,097 Sq Ft
$174/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $405,000 $131 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $2,959/month

53 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Central Heating and Cooling System
  • Tile Flooring
  • Brick Front
  • 4-minute walk to Magnolia Park

About This Home

As of August 2022

This property is zoned - single family. If sold to another religious organization, it would be grandfathered in as a religious facility. If torn down, buyers can build a single family home or a duplex. A Quadruplex would require approval by the City Commission and Planning Review Board. Buyer can build up to two stories. If the property is not used as a church, it will need to be demolished to meet the standard requirement which includes correct parking, landscaping, and building requirements. Overlay gives you additional choices and options beyond what the zoning allows. These details are based off of information provided by the zoning department. Buyer must confirm zoning/use accordingly.

Last Agent to Sell the Property

Shannel Escoffery LLC

United Realty Group Inc License #3421169 Listed on: 07/06/2022

United Realty Group Inc

Co-Listed By

Earl Simpson

Robinson International Realty License #3252287

Last Buyer's Agent

Valerie Gardner

Beachfront Realty Inc License #3041127

Beachfront Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $116

Year Built

  • Built in 1953

Lot Details

  • 5,137 Sq Ft Lot
  • Northwest Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Built-Up Roof
  • Brick Front

Interior Spaces

  • 2 Full Bathrooms
  • 3,097 Sq Ft Home
  • 1-Story Property
  • Partially Furnished

Kitchen

  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Magnolia Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-21-22-003-0860

Home Details

Home Type

Single Family

Est. Annual Taxes

$116

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1953
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Co List Office Mls Id: FLL607913
  • Co List Office Phone: (561) 688-1368
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: MAGNOLIA SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 2
  • Flooring: Carpet, Tile, Vinyl
  • Furnished: Partially Furnished
  • Living Area: 3097
  • Possible Use: Investment
  • Bedroom Features: Other
  • Living Room Features: Other

Exterior Features

  • Roof: Built-Up
  • View: None
  • Construction Type: Brick
  • Direction Faces: Northwest
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MAGNOLIA SUB
  • Parking Features: Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 08-21-22-003-0860
  • Lot Size Sq Ft: 5137
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 116

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2022
Closed on
Aug 24, 2022
Sold by
Sharing The Church Of Jesus Christ Inc
Bought by
Kingdom Of God Global Ministries Inc
Seller's Agent
Shannel Escoffery LLC
United Realty Group Inc
Buyer's Agent
Valerie Gardner
Beachfront Realty Inc
List Price
$475,000
Sold Price
$405,000
Premium/Discount to List
-$70,000
-14.74%
Views
3
Current Estimated Value
$539,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$134,745
Avg. Annual Appreciation
10.92%
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
Kingdom Of God Global Ministries Inc $405,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kingdom Of God Global Ministri $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Sold $405,000 -14.7% $131 / Sq Ft
07/06/2022 07/06/22 For Sale $475,000 -- $153 / 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 $221 $275,946 -- --
2024 $221 $250,860 -- --
2023 $221 $228,055 $98,836 $129,219
2022 $116 $190,751 $0 $0
2021 $116 $173,410 $55,754 $117,656
2020 $12 $174,346 $55,754 $118,592
2019 $12 $172,383 $58,288 $114,095
2018 $12 $172,028 $57,039 $114,989
2017 $12 $127,878 $0 $0
2016 $12 $117,982 $0 $0
2015 $12 $107,257 $0 $0
2014 $12 $104,425 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11232496

MIAMI REALTORS® MLS

APN: 08-2122-003-0860