NOT LISTED FOR SALE

2053 Ali Baba Ave Opa Locka, FL 33054

Rainbow Park Neighborhood
3 Beds
4 Baths
1,904 Sq Ft
1968 Built

Sale Details

Date Sold: December 31, 2020

Last sale price $410,000 $215 Per Sq Ft

26 Days on Market

Highlights

  • Built in 1968 | Newly Remodeled
  • Complete Panel Shutters or Awnings
  • Central Air
  • No HOA
  • Tile Flooring
  • 4-minute walk to Magnolia Park

About This Home

As of December 2020

Great multi family really well kept. Turn key property in opportunity zone. New construction will begin soon in the lots next door. New roof completed this year with permit. Electrical meters just replaced. All units are 1/1 with central air, full kitchens and small living rooming area. Property also has all hurricane shutters.

Last Agent to Sell the Property

David Moreno

Precision Real Estate Group License #3249924 Listed on: 11/13/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,062

Year Built

  • Built in 1968 | Newly Remodeled

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 1,904 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Complete Panel Shutters or Awnings

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • 4 Units
  • Magnolia Sub Condos
  • Magnolia Sub Subdivision

Listing and Financial Details

  • Rent includes gardener
  • Assessor Parcel Number 08-21-22-003-1480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,062

Year Built

Built in 1968 | Newly Remodeled

Listing Details

  • Property Type: Residential Income
  • Year Built: 1968
  • Property Sub Type: Quadruplex
  • Architectural Style: Attached
  • Directions: Use GPS
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: MAGNOLIA SUB
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1904
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Complete Panel Shutters/Awnings

Exterior Features

  • Roof: Shingle
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MAGNOLIA SUB
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 08-21-22-003-1480
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3062

Multi Family

  • Number Of Units In Community: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2020
Closed on
Dec 29, 2020
Sold by
Bought by
Seller's Agent
David Moreno
Precision Real Estate Group
List Price
$419,900
Sold Price
$410,000
Premium/Discount to List
-$9,900
-2.36%

Purchase Details

Closed on
Aug 21, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$278,000
Interest Rate
0.029%
Mortgage Type
Balloon

Purchase Details

Listed on
Nov 20, 2010
Closed on
Aug 24, 2012
Sold by
Bought by
Seller's Agent
Bryon Felton
The R E Experts of South Fla
Buyer's Agent
Marnie Coote
Lovely Living Realty
List Price
$60,000
Sold Price
$78,000
Premium/Discount to List
$18,000
30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
0.0368%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 11, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,875
Interest Rate
0.0575%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 22, 2002
Sold by
Bought by

Purchase Details

Closed on
Mar 27, 2002
Sold by
Bought by

Purchase Details

Closed on
Oct 23, 2001
Sold by
Bought by

Purchase Details

Closed on
Jun 29, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,300
Interest Rate
0.0863%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 27, 1996
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$410,000 Quaker Title And Escrow
$339,000 Attorney
$78,000 Attorney
$55,000 American Title & Escrow Svcs
$130,000 --
-- --
$115,000 --
$77,000 --
$50,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $278,000
Closed $160,000
Closed $78,000
Closed $227,684
Closed $26,598
Closed $154,875
Closed $69,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2020 12/31/20 Sold $410,000 -2.4% $215 / Sq Ft
12/09/2020 12/09/20 Pending -- -- --
11/13/2020 11/13/20 For Sale $419,900 +438.3% $221 / Sq Ft
08/24/2012 08/24/12 Sold $78,000 +30.0% $41 / Sq Ft View Prior Sale
06/13/2012 06/13/12 Pending -- -- --
11/20/2010 11/20/10 For Sale $60,000 -- $32 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $12,580 $391,481 -- --
2024 $11,198 $355,892 -- --
2023 $11,198 $323,539 $0 $0
2022 $9,586 $294,127 $76,800 $217,327
2021 $9,548 $286,821 $52,800 $234,021
2020 $3,761 $232,448 $0 $0
2019 $3,062 $133,757 $0 $0
2018 $2,788 $114,526 $0 $0
2017 $2,618 $91,761 $0 $0
2016 $2,983 $84,946 $0 $0
2015 $2,865 $86,044 $0 $0
2014 $2,860 $92,085 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10956469

MIAMI REALTORS® MLS
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