NOT LISTED FOR SALE

1983 NW 51st Terrace Miami, FL 33142

Liberty City Neighborhood

Estimated Value: $338,000 - $527,000

3 Beds
2 Baths
1,377 Sq Ft
$333/Sq Ft Est. Value

Last Sold June 02, 2016

Last sale price $174,000 $126 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $2,618/month

10 Days on Market

Highlights

  • Room in yard for a pool
  • Cooling System Mounted To A Wall/Window
  • Ceramic Tile Flooring
  • No HOA
  • Patio
  • 1-minute walk to Olinda Park

About This Home

As of June 2016

GREAT INCOME POTENTIAL!! Completely remodeled duplex in a quiet neighborhood! Unit #1:
2 beds/1 bath, tile & carpet floors, new kitchen w/wood cabinets & appliances, new bathroom,
wall a/c unit & ceiling fans. Unit #2: 1 bed/1 bath, carpet & tile floors, new kitchen w/wood cabinets & appliances, new bathroom, wall a/c unit & ceiling fans, both units share a large fenced yard! Excellent location, walking distance to a Church, Olinda Park & Elementary School. Close to Xpwy 112 & I-95. A HIDDEN GEM!!

Last Agent to Sell the Property

Philippe Fiore

One Stop Realty License #3215216 Listed on: 04/07/2016

One Stop Realty

Last Buyer's Agent

MAR NON-MEMBER

NO MLS PARTICIPATION (MAR) License #0

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,377

Year Built

  • Built in 1948

Lot Details

  • Fenced

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Substantially Remodeled
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,377 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Metal Windows
  • Blinds

Flooring

  • Carpet
  • Ceramic Tile

Outdoor Features

  • Room in yard for a pool
  • Patio
  • Exterior Lighting

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units
  • Floral Park Condos
  • Floral Park,Floral Park Subdivision, 2/1 & 1/1, Remodeled Floorplan

Listing and Financial Details

  • Assessor Parcel Number 30-31-22-052-5201

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,377

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Directions: GOOGLE MAPS
  • Horses: No
  • Inclusions: None
  • Master Model: 2/1 & 1/1, REMODELED
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: Floral Park,FLORAL PARK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1377
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Blinds, Single Hung Metal

Exterior Features

  • Roof: Shingle
  • Exterior Features: Exterior Lights, Room For Pool
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Floral Park
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-31-22-052-5201
  • Zoning: RU-2
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1377

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2016
Closed on
Jun 2, 2016
Sold by
Nowa Llc
Bought by
Heredia Cristian S Oviedo and Diaz Janet Gonzalez
Seller's Agent
Philippe Fiore
One Stop Realty
Buyer's Agent
MAR NON-MEMBER
NO MLS PARTICIPATION (MAR)
Sold Price
$174,000
Current Estimated Value
$458,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,038
Avg. Annual Appreciation
10.83%
Original Mortgage
$159,340
Outstanding Balance
$130,019
Interest Rate
4.37%
Mortgage Type
FHA
Estimated Equity
$328,019

Purchase Details

Closed on
Oct 8, 2015
Sold by
Johnson Hattie E
Bought by
Nowa Llc
Source: Public Records

Range of Values:

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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
Heredia Cristian S Oviedo $174,000 Attorney
Nowa Llc $72,200 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heredia Cristian S Oviedo $159,340
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2016 06/02/16 Sold $174,000 -- $126 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
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 $2,651 $159,090 -- --
2024 $2,440 $154,607 -- --
2023 $2,440 $150,104 $0 $0
2022 $2,329 $145,733 $0 $0
2021 $2,293 $141,489 $0 $0
2020 $2,267 $139,536 $0 $0
2019 $2,216 $136,399 $0 $0
2018 $2,102 $133,856 $0 $0
2017 $1,962 $124,262 $0 $0
2016 $1,585 $63,329 $0 $0
2015 $1,377 $50,378 $0 $0
2014 $1,318 $45,933 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Buyer's Agent in 2016

    MAR NON-MEMBER

    NO MLS PARTICIPATION (MAR)

    1 in this area

    588 Total Sales

    MAR NON-MEMBER
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10063412

MIAMI REALTORS® MLS

APN: 30-3122-052-5201

Florida Miami/Dade County Miami 33142 Liberty City

1983 NW 51st Terrace, Miami, FL

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