NOT LISTED FOR SALE

Estimated Value: $495,000 - $639,000

2 Beds
2 Baths
1,080 Sq Ft
$507/Sq Ft Est. Value

Last Sold June 06, 2019

Last sale price $265,000 $245 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $3,654/month

95 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Laundry Facilities
  • Cooling System Mounted To A Wall/Window
  • Awning
  • Fenced

About This Home

As of June 2019

Great investment property on corner of NW 22nd Av and NW 24th St. Future commercial possibility exists with 22nd Av corridor reviving itself. Each unit is a 1/1 with seperate electric meters. Tenants pay $950 each.
Shown strictly by appt. Please do not disturb tenants.

Last Agent to Sell the Property

Julio Cotera

Cotera Realty License #0319357 Listed on: 01/12/2019

Last Buyer's Agent

Victoria Sordo

Icon R.E. Consultants, LLC License #0708830

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,220

Year Built

  • Built in 1953

Lot Details

  • 6,578

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Awning
  • Ceramic Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Additional Features

  • Exterior Lighting
  • Fenced

Listing and Financial Details

  • Total Actual Rent $22,800
  • Rent includes sewer, trash collection, water
  • Assessor Parcel Number 01-31-27-017-0010

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Allapattah Highlands Addn Condos
  • Allapattah Highlands Addn Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,220

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1953
  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Directions: Corner of NW 22nd Av and NW 24th ST in Allapattah
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: ALLAPATTAH HIGHLANDS ADDN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Ceramic Floor
  • Living Area: 1080
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Awning

Exterior Features

  • Roof: Shingle
  • Exterior Features: Exterior Lights
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ALLAPATTAH HIGHLANDS ADDN
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-27-017-0010
  • Zoning: 6101
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4220

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Total Actual Rent: 22800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2019
Closed on
Jun 6, 2019
Sold by
Diaz Jose A
Bought by
Cococoa Corp
Seller's Agent
Julio Cotera
Cotera Realty
Buyer's Agent
Victoria Sordo
Icon R.E. Consultants, LLC
List Price
$289,000
Sold Price
$265,000
Premium/Discount to List
-$24,000
-8.3%
Current Estimated Value
$547,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,665
Avg. Annual Appreciation
12.32%
Original Mortgage
$168,750
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 5, 2016
Sold by
Murillo Margarita A and Vega Margarita A
Bought by
Diaz Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,102
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 29, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Garcia Francisco

Purchase Details

Closed on
May 13, 2010
Sold by
Hurtado Manuel S
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jul 14, 2000
Sold by
Louis A Hendren Tr
Bought by
Hurtado Manuel S and Hurtado Aura

Purchase Details

Closed on
Aug 21, 1994
Sold by
Hendren Louis Arvel and Hendren Louis A
Bought by
Handren Louis Arel
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
Cococoa Corp $265,000 Attorney
Diaz Jose A $160,000 Attorney
Garcia Francisco $40,700 Attorney
Deutsche Bank National Trust Company $234,100 None Available
Hurtado Manuel S $96,000 --
Handren Louis Arel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cococoa Corp $275,000
Closed Cococoa Corp $168,750
Previous Owner Diaz Jose A $157,102
Previous Owner Hurtado Manuel S $279,000
Previous Owner Hurtado Manuel S $209,696
Previous Owner Hurtado Manuel S $135,000
Previous Owner Hurtado Manuel S $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2019 06/06/19 Sold $265,000 -3.6% $245 / Sq Ft
04/11/2019 04/11/19 Pending -- -- --
04/03/2019 04/03/19 Price Changed $275,000 -4.8% $255 / Sq Ft
01/06/2019 01/06/19 For Sale $289,000 -- $268 / 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 $8,105 $374,500 -- --
2024 $8,083 $340,455 -- --
2023 $8,083 $309,505 $0 $0
2022 $6,824 $281,369 $0 $0
2021 $6,572 $255,790 $0 $0
2020 $5,713 $232,537 $197,310 $35,227
2019 $4,565 $178,258 $131,540 $46,718
2018 $4,220 $165,196 $118,386 $46,810
2017 $4,261 $165,288 $0 $0
2016 $3,188 $97,187 $0 $0
2015 $2,893 $88,352 $0 $0
2014 $2,815 $80,320 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10598786

MIAMI REALTORS® MLS

APN: 01-3127-017-0010