NOT LISTED FOR SALE

20550 SW 113th Rd Miami, FL 33189

Estimated Value: $620,000 - $756,000

6 Beds
4 Baths
2,196 Sq Ft
$312/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $405,000 $184 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,365/month

12 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System
  • Patio
  • Awning
  • Laundry Facilities

About This Home

As of December 2020

Duplex Rental.3 Bedroom 2 Bath on each side. Fully rented with stable tenants. Extra large Lot 18250 SQ Ft $39600 Annual Gross Income.Approx $30000 Net Income. 7% Cap Rate Present all Offers . Owners Motivated.

Last Agent to Sell the Property

Francisco Ruiz

Gables Executive Realty License #0689347 Listed on: 11/11/2020

Co-Listed By

Omar Masri

Gables Executive Realty License #0426264

Last Buyer's Agent

Diego Sirulnik

Florida Realty of Miami Corp License #3267174

Florida Realty of Miami Corp

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,818

Year Built

  • Built in 1971

Lot Details

  • 0.42

Parking

  • 6 Parking Spaces

Home Design

  • Shingle Roof

Interior Spaces

  • 2,196 Sq Ft Home
  • 1-Story Property
  • Awning
  • Tile Flooring

Additional Features

  • Patio
  • Property is zoned 5700
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $39,600
  • Rent includes gardener, sewer, trash collection
  • Assessor Parcel Number 30-60-07-005-0160

Community Details

Overview

  • No Home Owners Association
  • Cutler Gate Subdivision

Amenities

  • Laundry Facilities

Building Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,818

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1971
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Co List Office Mls Id: GEXR01
  • Co List Office Phone: 305-975-5000
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: CUTLER GATE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Tile
  • Living Area: 2196
  • Possible Use: Unknown/Withheld
  • Stories: 1
  • Window Features: Awning

Exterior Features

  • Roof: Shingle
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CUTLER GATE
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • 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: 30-60-07-005-0160
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Sewer, Trash Collection

Multi Family

  • Net Operating Income: 29653
  • Number Of Units In Community: 1
  • Number Of Units Total: 2
  • Annual Operating Expense: 9947
  • Total Actual Rent: 39600

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4818

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2020
Closed on
Dec 31, 2020
Sold by
Capital Reality Funding Llc
Bought by
Kcaz Holdings Llc
Seller's Agent
Francisco Ruiz
Gables Executive Realty
Buyer's Agent
Diego Sirulnik
Florida Realty of Miami Corp
List Price
$425,000
Sold Price
$405,000
Premium/Discount to List
-$20,000
-4.71%
Current Estimated Value
$684,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,264
Avg. Annual Appreciation
11.47%

Purchase Details

Listed on
Mar 25, 2016
Closed on
Sep 14, 2016
Sold by
Thompson Christopher Darren
Bought by
Capital Realty Funding Llc
Seller's Agent
Steve Reilly
Key Realty Advisors, Inc.
Buyer's Agent
Steve Reilly
Key Realty Advisors, Inc.
List Price
$275,000
Sold Price
$265,000
Premium/Discount to List
-$10,000
-3.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.44%
Original Mortgage
$155,000
Interest Rate
9.99%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Nov 12, 1997
Sold by
Reilly James D and Reilly Patricia M
Bought by
Thompson Christophe A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,200
Interest Rate
7.31%
Mortgage Type
New Conventional
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
Kcaz Holdings Llc $405,000 Ads Title Services Inc
Capital Realty Funding Llc $257,000 Express Title Services Group
Thompson Christophe A $128,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Capital Realty Funding Llc $155,000
Previous Owner Thompson Christophe A $110,132
Previous Owner Thompson Christophe A $45,000
Previous Owner Thompson Christophe A $115,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2020 12/31/20 Sold $405,000 -4.7% $184 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/11/2020 11/11/20 For Sale $425,000 +60.4% $194 / Sq Ft
09/23/2016 09/23/16 Sold $265,000 -3.6% $121 / Sq Ft View Prior Sale
06/03/2016 06/03/16 Pending -- -- --
03/24/2016 03/24/16 For Sale $275,000 -- $125 / 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 $9,413 $459,015 -- --
2024 $8,442 $417,287 -- --
2023 $8,442 $379,352 $0 $0
2022 $7,535 $344,866 $0 $0
2021 $6,632 $313,515 $154,500 $159,015
2020 $5,154 $228,894 $90,125 $138,769
2019 $4,818 $209,867 $90,125 $119,742
2018 $4,701 $210,774 $90,125 $120,649
2017 $4,782 $211,681 $0 $0
2016 $4,098 $171,079 $0 $0
2015 $3,839 $155,527 $0 $0
2014 -- $142,480 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Francisco Ruiz

    Seller's Agent in 2020

    Francisco Ruiz

    Gables Executive Realty

    (305) 710-4948

    1 in this area

    3 Total Sales

    Francisco Ruiz
    Section Image
  • Omar Masri

    Seller Co-Listing Agent in 2020

    Omar Masri

    Gables Executive Realty

    (305) 975-5000

    1 in this area

    10 Total Sales

    Omar Masri
    Section Image

  • D

    Buyer's Agent in 2020

    Diego Sirulnik

    Florida Realty of Miami

    (786) 859-6440

    2 in this area

    7 Total Sales

    Diego Sirulnik
    Section Image

  • S

    Seller's Agent in 2016

    Steve Reilly

    Key Realty Advisors, Inc.

    (305) 857-0400

    1 in this area

    6 Total Sales

    Steve Reilly
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10956329

MIAMI REALTORS® MLS

APN: 30-6007-005-0160

Florida Miami/Dade County Miami 33189

20550 SW 113th Rd, Miami, FL

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