NOT LISTED FOR SALE
-- Bed
-- Bath
1,589 Sq Ft
1954 Built

Last Sold August 31, 2021

Last sale price $380,000 $239 Per Sq Ft

62 Days on Market

Highlights

  • No HOA
  • Vinyl Flooring
  • 1-Story Property
  • Central Air
  • No Heating

About This Home

As of August 2021

Location Location Location… Investors, this property will not LAST!!!
Upgraded Duplex currently generating Income with a 2 bathroom and 2 bedroom on one side (rented for $1450 a month) and a 2 bedroom 1 bathroom in the other (rented for $1250 a month).
Huge lot (8773 sqft goes from 61th Terr up to 62 Av.). The lot has a lot of room to build another multi unit complex and given it has access from both streets the potential is enormous. This is also approved for Commercial zone.
This property has new appliances, new flooring, new windows and new electrical. Not many properties of this quality are available so do not hesitate to contact us for an inspection.

Last Agent to Sell the Property

Luz Frangos

MMLS Assoc.-Inactive Member License #3470471 Listed on: 05/18/2021

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,111

Year Built

  • Built in 1954

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Double-layered roof that provides insulation
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,589 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Utilities

  • Central Air
  • No Heating
  • Septic Tank

Community Details

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

Listing and Financial Details

  • Rent includes trash collection, water
  • Assessor Parcel Number 514113060270

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,111

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1954
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: GRACEWOOD NO 2
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Vinyl
  • Living Area: 1589
  • Possible Use: Primary
  • Stories: 1

Exterior Features

  • Roof: Roof Over, Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: GRACEWOOD NO 2
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514113060270
  • Zoning: AH
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4111

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2021
Closed on
Aug 31, 2021
Sold by
Three Dots Holdings Llc
Bought by
Leslie Leonard and Robinson Rashaana
Seller's Agent
Luz Frangos
MMLS Assoc.-Inactive Member
List Price
$408,000
Sold Price
$380,000
Premium/Discount to List
-$28,000
-6.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.31%
Original Mortgage
$323,000
Outstanding Balance
$297,091
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$223,742

Purchase Details

Listed on
Dec 12, 2019
Closed on
Feb 14, 2020
Sold by
Dearmas Asmel Omar and De Armas Angelina
Bought by
Three Dots Holdings Llc
Seller's Agent
Maria Korman
Keller Williams Realty SW
Buyer's Agent
Ibis Wheeler
Keller Williams Realty SW
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
31.01%

Purchase Details

Closed on
Jul 16, 2007
Sold by
Homers Properties & Acquistions Inc
Bought by
Dearmas Esmeralda and Dearmas Asmel Omar

Purchase Details

Closed on
Mar 22, 2007
Sold by
Saunders John S
Bought by
Homers Properties & Acquisitions Inc

Purchase Details

Closed on
Jan 12, 1998
Sold by
Ilona And Jamos Michna Trs
Bought by
Saunders John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,856
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 1993
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2021 08/31/21 Sold $380,000 -6.9% $239 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $408,000 +63.2% $257 / Sq Ft
02/14/2020 02/14/20 Sold $250,000 -9.1% $157 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
11/30/2019 11/30/19 For Sale $275,000 -- $173 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11043559

MIAMI REALTORS® MLS