NOT LISTED FOR SALE

Estimated Value: $581,000 - $607,000

4 Beds
2 Baths
1,750 Sq Ft
$339/Sq Ft Est. Value

Last Sold June 05, 2024

Last sale price $560,000 $320 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,381/month

3 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Reverse Cycle Heating System
  • Partial Panel Shutters or Awnings
  • Terrazzo Flooring
  • 1-Story Property

About This Home

As of June 2024

North Miami Beach. Super Duplex. Each Unit Has 2 Bedroom 2 Baths. Each Unit Has a Separate Entrance From One of the Bedrooms. Eat In Kitchen. Big Rooms. Community Laundry Room. Nice Lot. Hurricane Shutters. Security Bars. Two Storage Sheds. Four Parking Spaces. The Seller Occupied Both Units and is Deceased. Potential Rent Income $2,500 Each Unit or $60,000 Gross Yearly Income. Fantastic Opportunity.

Last Agent to Sell the Property

Ralph Magin

Coldwell Banker Realty License #0188284 Listed on: 04/30/2024

Coldwell Banker Realty

Last Buyer's Agent

Barry Menzell

Biscayne Park Real Estate Inc License #0457680

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,373

Year Built

  • Built in 1966

Lot Details

  • 6,447

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Barrel Roof Shape

Interior Spaces

  • 1,750 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring
  • Partial Panel Shutters or Awnings

Utilities

  • Cooling System Mounted To A Wall/Window
  • Reverse Cycle Heating System
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units
  • Comml Arlington Condos
  • Comml Arlington Subdivision

Listing and Financial Details

  • Rent includes sewer, trash collection
  • Assessor Parcel Number 07-21-12-008-0370

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,373

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1966
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: COMML ARLINGTON
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 1750
  • Possible Use: Primary
  • Stories: 1
  • Window Features: Partial Panel Shutters/Awnings

Exterior Features

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

Garage/Parking

  • Park Building Name: COMML ARLINGTON
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Reverse Cycle Unit
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 07-21-12-008-0370
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Trash Collection

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2373

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2024
Closed on
May 30, 2024
Sold by
Riess Patricia Audrey and Allen Richard
Bought by
Richardson Hancia and Desir Samy
Seller's Agent
Ralph Magin
Coldwell Banker Realty
Buyer's Agent
Barry Menzell
Biscayne Park Real Estate Inc
List Price
$550,000
Sold Price
$560,000
Premium/Discount to List
$10,000
1.82%
Views
11
Current Estimated Value
$598,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,812
Avg. Annual Appreciation
5.13%
Original Mortgage
$541,310
Outstanding Balance
$535,528
Interest Rate
7.17%
Mortgage Type
FHA
Estimated Equity
$59,109

Purchase Details

Closed on
May 11, 2018
Sold by
Riess Richard A and Riess Patricia
Bought by
Riess Richard Allen and Riess Patricia Audrey
Source: Public Records

Range of Values:

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Average Value
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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
Richardson Hancia $560,000 None Listed On Document
Riess Richard Allen -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richardson Hancia $541,310
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2024 06/05/24 Sold $560,000 0.0% $320 / Sq Ft
05/04/2024 05/04/24 Price Changed $560,000 +1.8% $320 / Sq Ft
05/03/2024 05/03/24 Pending -- -- --
04/30/2024 04/30/24 For Sale $550,000 -- $314 / 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 $2,437 $401,988 $251,550 $150,438
2024 $2,373 $157,777 -- --
2023 $2,373 $153,182 $0 $0
2022 $2,280 $148,721 $0 $0
2021 $2,268 $144,390 $0 $0
2020 $2,234 $142,397 $0 $0
2019 $2,169 $139,196 $0 $0
2018 $2,079 $136,601 $0 $0
2017 $2,047 $133,307 $0 $0
2016 $2,037 $130,566 $0 $0
2015 $2,072 $129,659 $0 $0
2014 $2,093 $128,630 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11578486

MIAMI REALTORS® MLS

APN: 07-2112-008-0370