NOT LISTED FOR SALE

1941 NW 51st St Miami, FL 33142

Liberty City Neighborhood

Estimated Value: $409,000 - $484,000

3 Beds
1 Bath
1,320 Sq Ft
$338/Sq Ft Est. Value

Last Sold July 07, 2023

Last sale price $395,000 $299 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,919/month

1 Day on Market

Highlights

  • 0.25 Acre Lot
  • Closet Cabinetry
  • Tile Flooring
  • No HOA
  • Living Room
  • 3-minute walk to Olinda Park

About This Home

As of July 2023

Red hot investor special in the booming corner of Brownsville! Talk about location. This light fixer upper is a rare find to come on market. Due to the owner’s surprise job relocation, they’re quite motivated and asking only 78% of ARV, but will entertain all offers.
Pros: Roof 9 years old, AC 2.5 years, WH 9 years. Double lot, with fully fenced/gated yard. Easy to convert to 4 bed, 2 baths.
Cons: Needs kitchen update and significant interior cosmetic rehab.
Investor notes:
Flip potential: $470k ARV, with estimated $20k-40k in rehab.
LTR estimate: $3,100 /mo, with NO nearby competition. STR estimate: $47k yrly gross, at 229 /night and 56% occupancy.
Feel free to soft pitch offers to listing agent. No HOA/CDD. Full 2.5% cooperation with non-MLS agents. Just reach out to listing agent below for disclosures and MLS info sheet. Video walkthrough also available.

Last Agent to Sell the Property

Richard Peters

RICHARD PETERS REALTY LLC License #3526546 Listed on: 06/05/2023

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $996

Year Built

  • Built in 1949

Lot Details

  • 0.25 Acre Lot
  • South Facing Home
  • Property is zoned 0100

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 1,320 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Tile Flooring

Kitchen

  • Convection Oven
  • Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Floral Pk Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$996

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1320
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1949
  • Building Area Total: 1320
  • Lot Size Sq Ft: 11000
  • Status: Sold
  • Street Direction: NW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 299.24
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • MFR_BedroomClosetType: Built-in Closet
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Convection Oven, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • ResoLivingAreaSource: Owner
  • Living Area Meters: 122.63

Exterior Features

  • Direction Faces: South
  • Exterior Features: Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12086C0303L

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: 0100
  • Parcel Number: 30-3122-052-5050
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Lease Restrictions YN: 0
  • Month To Month Or Weekly YN: 0

Tax Info

  • Tax Annual Amount: 995.84
  • Tax Block: 20
  • Tax Book Number: 8/5
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2023
Closed on
Jul 6, 2023
Sold by
Hurtado Yadira L
Bought by
Alfonso Osviel
Seller's Agent
Richard Peters
RICHARD PETERS REALTY LLC
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$370,000
Sold Price
$395,000
Premium/Discount to List
$25,000
6.76%
Views
59
Current Estimated Value
$446,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,664
Avg. Annual Appreciation
5.44%
Original Mortgage
$375,249
Outstanding Balance
$366,297
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$80,367

Purchase Details

Closed on
Feb 9, 2018
Sold by
Cubos Luis F
Bought by
Hurtodo Yadira L

Purchase Details

Closed on
May 1, 2012
Sold by
Lewis Shirley Ann
Bought by
Carmichael Daisy L and Carmichael Eddie C

Purchase Details

Closed on
Apr 12, 2012
Sold by
Carmichael Daisy L and Carmichael Eddie C
Bought by
Hurtado Yadira and Cubas Luis
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
Alfonso Osviel $395,000 Doral Title
Alfonso Osviel $395,000 Doral Title
Hurtodo Yadira L -- None Available
Carmichael Daisy L -- None Available
Hurtado Yadira $35,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alfonso Osviel $375,249
Closed Alfonso Osviel $375,249
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/07/2023 07/07/23 Sold $395,000 0.0% $299 / Sq Ft
06/12/2023 06/12/23 Off Market $395,000 -- --
06/12/2023 06/12/23 For Sale $370,000 0.0% $280 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
06/05/2023 06/05/23 For Sale $370,000 +957.1% $280 / Sq Ft
08/10/2012 08/10/12 Sold $35,000 0.0% $35 / Sq Ft View Prior Sale
04/23/2012 04/23/12 Pending -- -- --
12/02/2011 12/02/11 For Sale $35,000 -- $35 / Sq Ft
Source: Stellar 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 $6,966 $428,357 -- --
2024 $1,035 $368,008 $299,464 $68,544
2023 $1,035 $53,674 $0 $0
2022 $996 $52,111 $0 $0
2021 $975 $50,594 $0 $0
2020 $970 $49,896 $0 $0
2019 $952 $48,775 $0 $0
2018 $902 $47,866 $0 $0
2017 $893 $46,882 $0 $0
2016 $838 $45,918 $0 $0
2015 $851 $45,599 $0 $0
2014 -- $45,905 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Peters

    Seller's Agent in 2023

    Richard Peters

    RICHARD PETERS REALTY LLC

    (813) 957-9552

    1 in this area

    27 Total Sales

    Richard Peters
    Section Image
  • James Bunyan

    Seller's Agent in 2012

    James Bunyan

    Millennium III Realty Services

    (786) 525-5984

    1 in this area

    30 Total Sales

    James Bunyan
    Section Image
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Map

Source: Stellar MLS

MLS Number: T3450310

Stellar MLS

APN: 30-3122-052-5050

Florida Miami/Dade County Miami 33142 Liberty City

1941 NW 51st St, Miami, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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