NOT LISTED FOR SALE

Estimated Value: $456,185 - $636,000

2 Beds
2 Baths
1,328 Sq Ft
$422/Sq Ft Est. Value

Last Sold September 03, 2013

Last sale price $170,000 $128 Per Sq Ft

Est. 230% increase in value since last sale

Current estimated payment $3,476/month

118 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Patio
  • Central Heating and Cooling System
  • 2-minute walk to Victory Park

About This Home

As of September 2013

Not a Short Sale or Foreclosure! 2066 - 2bed 1.5bath front unit rented at 975.00 per month. 2068 - 2bed 1bath rear unit rented at $975.00 per month, The property has a few upgrades such as new central A/C units and Air handler units, tile throughout, a ne w Well water Pump system which saves on water expenses and exterior lighting. Ideally located near I95, Turnpike, shopping centers, Aventura Mall, and the Beaches. NOI = $16,526.90 - 9% cap rate. (No Brainer) Great Investment!!

Last Agent to Sell the Property

Alvaro Sandoval

Sandoval Signature Real Estate Inc License #3109419 Listed on: 04/18/2013

Last Buyer's Agent

Dalita Comin

D3 Real Estate Group License #3218200

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,073

Year Built

  • Built in 1957

Lot Details

  • 5,009

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,328 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $23,400
  • Rent includes trash collection, water
  • Assessor Parcel Number 07-22-09-006-0970

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Fulford By The Sea D Condos
  • Fulford By The Sea D Subdivision

Building Details

  • Operating Expense $6,873
  • Net Operating Income $16,527

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,073

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1957
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: FULFORD BY THE SEA D
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1328
  • Possible Use: Investment
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: FULFORD BY THE SEA D
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer, Septic Tank
  • Water Source: Municipal Water, Well
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 07-22-09-006-0970
  • Zoning: 38/MUL L
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection, Water

Multi Family

  • Net Operating Income: 16527
  • Number Of Units In Community: 4
  • Annual Operating Expense: 6873
  • Total Actual Rent: 23400

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2073

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2013
Closed on
Sep 3, 2013
Sold by
Canada World Investments Llc
Bought by
Wiseman Properties Llc
Seller's Agent
Alvaro Sandoval
Sandoval Signature Real Estate Inc
Buyer's Agent
Dalita Comin
D3 Real Estate Group
List Price
$199,900
Sold Price
$170,000
Premium/Discount to List
-$29,900
-14.96%
Current Estimated Value
$561,062

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,062
Avg. Annual Appreciation
10.40%

Purchase Details

Listed on
Dec 7, 2012
Closed on
Feb 15, 2013
Sold by
Fannie Mae
Bought by
Canada World Investments Llc
Seller's Agent
Raul Pineyro
Cacophony Group LLC
Buyer's Agent
Alvaro Sandoval
Sandoval Signature Real Estate Inc
List Price
$124,900
Sold Price
$123,000
Premium/Discount to List
-$1,900
-1.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
80.11%

Purchase Details

Closed on
Nov 6, 2012
Sold by
Amador Jesus C
Bought by
Fannie Mae

Purchase Details

Closed on
Jul 6, 2007
Sold by
Acevedo Yudith
Bought by
Amador Jesus C and Amador Mirtha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2006
Sold by
Carlton Herbert E
Bought by
Acevedo Yudith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
11.3%
Mortgage Type
Unknown
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
Wiseman Properties Llc $1,275,000 Title Champs Of Florida Llc
Canada World Investments Llc $123,000 Attorney
Fannie Mae $85,200 None Available
Amador Jesus C $290,000 Classic Title Center Inc
Acevedo Yudith $200,000 Prestige Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Amador Jesus C $232,000
Previous Owner Acevedo Yudith $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2013 09/03/13 Sold $170,000 -15.0% $128 / Sq Ft
08/14/2013 08/14/13 Pending -- -- --
04/18/2013 04/18/13 For Sale $199,900 +62.5% $151 / Sq Ft
02/15/2013 02/15/13 Sold $123,000 -1.5% $93 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
12/07/2012 12/07/12 For Sale $124,900 -- $94 / 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 $5,097 $225,619 -- --
2024 $4,728 $205,109 -- --
2023 $4,728 $186,463 $0 $0
2022 $3,683 $169,512 $0 $0
2021 $3,416 $154,102 $80,000 $74,102
2020 $3,428 $154,102 $80,000 $74,102
2019 $3,154 $141,354 $80,000 $61,354
2018 $3,119 $141,354 $80,000 $61,354
2017 $3,177 $141,354 $0 $0
2016 $3,119 $132,809 $0 $0
2015 $3,009 $120,736 $0 $0
2014 $2,643 $109,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1775808

MIAMI REALTORS® MLS

APN: 07-2209-006-0970