NOT LISTED FOR SALE

Estimated Value: $871,829 - $987,000

4 Beds
2 Baths
1,600 Sq Ft
$572/Sq Ft Est. Value

Last Sold November 10, 2023

Last sale price $850,000 $531 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $6,198/month

167 Days on Market

Highlights

  • Wood Flooring
  • Clear Impact Glass
  • 1-Story Property
  • No HOA
  • Central Heating and Cooling System
  • 4-minute walk to Pullman Park

About This Home

As of November 2023

Updated duplex with two 2/1 apartments in historic Buena Vista East. Impact windows and doors, newer ACs, updated plumbing and electric, hardwood floors, separate garage with coin laundry. One apartment has been recently renovated with a new kitchen and bathroom. Great location in a beautiful neighborhood, walking distance to the Design District and Midtown with lots of dining and shopping options, and only a short drive to Wynwood, downtown, and major highways. One unit is tenant occupied and one unit is vacant.

Last Agent to Sell the Property

Andrejko Stephan

Engel & Völkers Miami License #3144662 Listed on: 04/27/2023

Engel & Völkers Miami

Last Buyer's Agent

Frank Menendez

Miami Waterfront Realty License #3487419

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,916

Year Built

  • Built in 1955

Lot Details

  • 5,358

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Flat Tile Roof

Interior Spaces

  • 1,600 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Wood Flooring

Home Security

  • Clear Impact Glass
  • High Impact Door

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Shadowlawn Condos
  • Shadowlawn Subdivision

Listing and Financial Details

  • Total Actual Rent $3,900
  • Rent includes pest control, sewer, trash collection, water
  • Assessor Parcel Number 01-31-24-017-0980

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,916

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1955
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: SHADOWLAWN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Door Features: High Impact Doors
  • Flooring: Wood
  • Living Area: 1600
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Clear Impact Glass, Blinds

Exterior Features

  • Roof: Flat Tile
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SHADOWLAWN
  • Total Parking Spaces: 2

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

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-24-017-0980
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Pest Control, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9916

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Total Actual Rent: 3900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2023
Closed on
Nov 6, 2023
Sold by
Stephan Mark A and Stephan Wendy
Bought by
Menendez Frank
Seller's Agent
Andrejko Stephan
Engel & Völkers Miami
Buyer's Agent
Frank Menendez
Miami Waterfront Realty
List Price
$925,000
Sold Price
$850,000
Premium/Discount to List
-$75,000
-8.11%
Views
54
Current Estimated Value
$915,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,957
Avg. Annual Appreciation
8.02%
Original Mortgage
$509,150
Outstanding Balance
$501,111
Interest Rate
7.49%
Mortgage Type
New Conventional
Estimated Equity
$481,618

Purchase Details

Closed on
Oct 9, 2003
Sold by
Dejesus Yolanda
Bought by
Stephan Mark A and Stephan Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
6.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 9, 1998
Sold by
Jesus Anna M De
Bought by
Dejesus Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,000
Interest Rate
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 1997
Sold by
Jesus Anna M De
Bought by
Dejesus Anna M and Dejesus Yolanda

Purchase Details

Closed on
Nov 4, 1994
Sold by
Brown Jocile
Bought by
Dejesus Anna M
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
Menendez Frank $850,000 Trustar Title
Stephan Mark A $190,000 --
Dejesus Yolanda $25,000 --
Dejesus Anna M $100 --
Dejesus Anna M -- --
Dejesus Anna M $60,000 --
Dejesus Anna M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menendez Frank $509,150
Previous Owner Stephan Mark A $152,000
Previous Owner Dejesus Anna M $54,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2023 11/10/23 Sold $850,000 -5.0% $531 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
08/29/2023 08/29/23 Price Changed $895,000 -3.2% $559 / Sq Ft
08/16/2023 08/16/23 Price Changed $925,000 0.0% $578 / Sq Ft
08/16/2023 08/16/23 For Sale $925,000 -2.1% $578 / Sq Ft
07/23/2023 07/23/23 Pending -- -- --
07/05/2023 07/05/23 Price Changed $945,000 -3.1% $591 / Sq Ft
06/15/2023 06/15/23 Price Changed $975,000 -2.0% $609 / Sq Ft
04/27/2023 04/27/23 For Sale $995,000 -- $622 / 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 $16,093 $695,422 $561,750 $133,672
2024 $11,699 $765,394 $615,312 $150,082
2023 $11,699 $419,402 $0 $0
2022 $9,916 $381,275 $0 $0
2021 $8,244 $346,614 $0 $0
2020 $7,818 $363,703 $249,705 $113,998
2019 $7,344 $352,071 $238,070 $114,001
2018 $6,832 $352,074 $238,070 $114,004
2017 $6,184 $236,744 $0 $0
2016 $6,225 $215,222 $0 $0
2015 $5,609 $195,657 $0 $0
2014 $4,897 $177,870 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11377980

MIAMI REALTORS® MLS

APN: 01-3124-017-0980