NOT LISTED FOR SALE

1962 NW 5th Place Unit 277 Miami, FL 33136

Overtown Neighborhood

Estimated Value: $255,303 - $282,000

2 Beds
1 Bath
954 Sq Ft
$285/Sq Ft Est. Value

Last Sold September 29, 2015

Last sale price $10,000 $10 Per Sq Ft

Est. 2,621% increase in value since last sale

Current estimated payment $2,058/month

2 Days on Market

Highlights

  • Community Playground
  • Central Heating and Cooling System
  • 4-minute walk to Williams Park
  • Tile Flooring

About This Home

As of September 2015

Property located in Historic Overtown minutes from Downtown Miami and just 5 minutes walk to University of Miami Life Science Park. Great opportunity for a starter home or investment property. Local agency has committed funds to upgrade interior of all units within development. Property sold as is. No appliances. HOA liens. Backup contract okay.

Last Agent to Sell the Property

Chelsa Arscott

MMLS Assoc.-Inactive Member License #0706697 Listed on: 12/10/2014

Last Buyer's Agent

Chelsa Arscott

MMLS Assoc.-Inactive Member License #0706697 Listed on: 12/10/2014

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,049

Year Built

  • Built in 1973

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • 2 Car Parking Spaces

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 954 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-31-36-083-0100

Community Details

Overview

  • Town Park Village North Condos

Recreation

  • Community Playground

Pet Policy

  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,049

Year Built

Built in 1973

Lot Details

0

HOA Fees

$290 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse, Condo
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 12

Interior Features

  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 954
  • Other Equipment: No Equipment
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: None

Exterior Features

  • View: None
  • Exterior Features: None, Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TOWN PARK VILLAGE NORTH
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: No Security

Condo/Co-op/Association

  • Association Fee: 290
  • Amenities: Child Play Area
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-31-36-083-0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2022
Sold by
Martin Castillo
Bought by
Castillo Daniella
Current Estimated Value
$272,076

Purchase Details

Listed on
Dec 10, 2014
Closed on
Sep 29, 2015
Sold by
Jackson Panitra
Bought by
Castillo Martin
Seller's Agent
Chelsa Arscott
MMLS Assoc.-Inactive Member
Buyer's Agent
Chelsa Arscott
MMLS Assoc.-Inactive Member
List Price
$25,000
Sold Price
$10,000
Premium/Discount to List
-$15,000
-60%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.74%

Purchase Details

Closed on
Jan 10, 2006
Sold by
Armstead Aliston and Spivey Vincentravia S
Bought by
Jackson Panitra

Purchase Details

Closed on
Oct 11, 2005
Sold by
Spivey Vincetravia S
Bought by
Jackson Panitra

Purchase Details

Closed on
Jun 27, 2003
Sold by
Town Park Plaza North Inc
Bought by
Speivey Vincetravia S and Armstead Aliston

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,185
Interest Rate
5.2%
Mortgage Type
Unknown
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
Castillo Daniella -- --
Castillo Martin $10,000 Surealty Title Inc
Jackson Panitra $37,000 Statewide Title Corporation
Jackson Panitra -- --
Speivey Vincetravia S -- Royal Title & Escrow Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Speivey Vincetravia S $18,185
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2015 09/29/15 Sold $10,000 -60.0% $10 / Sq Ft
12/13/2014 12/13/14 Pending -- -- --
12/10/2014 12/10/14 For Sale $25,000 -- $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 $4,049 $192,017 -- --
2024 $3,883 $202,123 -- --
2023 $3,883 $188,900 $0 $0
2022 $2,083 $85,527 $0 $0
2021 $1,803 $77,752 $0 $0
2020 $1,709 $99,246 $0 $0
2019 $1,458 $76,343 $0 $0
2018 $1,277 $66,385 $0 $0
2017 $1,125 $53,108 $0 $0
2016 $1,054 $48,280 $0 $0
2015 -- $19,108 $0 $0
2014 -- $18,957 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Chelsa Arscott

    MMLS Assoc.-Inactive Member

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2044372

MIAMI REALTORS® MLS

APN: 01-3136-083-0100

Florida Miami/Dade County Miami 33136 Overtown

1962 NW 5th Place Unit 277, Miami, FL

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