NOT LISTED FOR SALE

22221 SW 116th Ave Miami, FL 33170

Estimated Value: $436,000 - $701,000

6 Beds
4 Baths
2,131 Sq Ft
$272/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $220,500 $103 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $3,511/month

56 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Ceramic Tile Flooring

About This Home

As of November 2016

14% CAP! This property has been remodeled. NEW Central AC's and both units are currently rented Section 8! 4/2 Rented for $1700. 3/2 rented for $1500. Hurry won't last!

Last Agent to Sell the Property

Gerardo Romaguera

MMLS Assoc.-Inactive Member Listed on: 06/10/2016

Last Buyer's Agent

William Encinosa

W International Realty LLC License #3269600

W International Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,559

Year Built

  • Built in 1962

Lot Details

  • 10,019

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,131 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Bunchville Condos
  • Bunchville Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-60-18-001-0370

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,559

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1962
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: Bunchville
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 2131
  • Possible Use: Investment
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: Bunchville
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • 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: 30-60-18-001-0370
  • Zoning: RU-3M
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2559

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2016
Closed on
Nov 17, 2016
Sold by
Blackacre Solutions Llc
Bought by
Irwin Trey
Seller's Agent
Gerardo Romaguera
MMLS Assoc.-Inactive Member
Buyer's Agent
William Encinosa
W International Realty LLC
List Price
$249,900
Sold Price
$220,500
Premium/Discount to List
-$29,400
-11.76%
Current Estimated Value
$579,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,788
Avg. Annual Appreciation
11.32%
Original Mortgage
$142,500
Outstanding Balance
$114,583
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$464,705

Purchase Details

Closed on
Sep 8, 2016
Sold by
22221 Sw 116 Ave Land Trust
Bought by
Blackacre Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.44%

Purchase Details

Closed on
Feb 9, 2016
Sold by
Aaron John
Bought by
Blackaere Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 16, 2015
Sold by
Lucaser Holdings Llc
Bought by
22221 Sw 116 Ave Land Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.92%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 25, 2011
Sold by
Fannie Mae
Bought by
Lucaser Holdings Llc

Purchase Details

Closed on
Aug 23, 2010
Sold by
Roman Daniel
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 24, 2005
Sold by
Rda Home Investors Inc
Bought by
Roman Daniel and Meulener Alicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2004
Sold by
Rivas Maritza and Rivas Javier
Bought by
Maritza Rivas Trust

Purchase Details

Closed on
Jan 26, 2004
Sold by
Tuaty David
Bought by
Rivas Maritza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
10%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 6, 2002
Sold by
Roy Campbell I
Bought by
Frontier Properties Llc

Purchase Details

Closed on
Jan 24, 2001
Sold by
County Of Dade
Bought by
Roy Campbell Tr

Purchase Details

Closed on
Apr 16, 1996
Sold by
Sec Of Va
Bought by
Jeffrey Gloria H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.37%
Mortgage Type
Balloon
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
Irwin Trey $220,500 A & A Title Services Llc
Blackacre Solutions Llc $100 --
Blackaere Solutions Llc $195,000 Attorney
22221 Sw 116 Ave Land Trust $120,000 Attorney
Lucaser Holdings Llc $28,000 Title & Abstract Agency Of A
Federal National Mortgage Association $6,600 None Available
Roman Daniel $200,000 --
Rda Home Investors Inc $140,000 --
Maritza Rivas Trust -- --
Rivas Maritza $185,000 Southern Financial Title Ser
Frontier Properties Llc $62,500 --
Roy Campbell Tr $28,841 --
Jeffrey Gloria H $28,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Irwin Trey $142,500
Previous Owner Jeffrey Gloria H --
Previous Owner Blackaere Solutions Llc $100,000
Previous Owner Roman Daniel $150,000
Previous Owner Rivas Maritza $148,000
Previous Owner Jeffrey Gloria H $105,000
Previous Owner Jeffrey Gloria H $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/18/2016 11/18/16 Sold $220,500 -6.2% $103 / Sq Ft
08/05/2016 08/05/16 Pending -- -- --
07/28/2016 07/28/16 Price Changed $235,000 -2.0% $110 / Sq Ft
07/11/2016 07/11/16 Price Changed $239,900 -4.0% $113 / Sq Ft
06/10/2016 06/10/16 For Sale $249,900 -- $117 / 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 $5,501 $215,505 -- --
2024 $4,082 $195,914 -- --
2023 $4,082 $178,104 $0 $0
2022 $3,850 $161,913 $0 $0
2021 $3,676 $147,194 $0 $0
2020 $3,369 $160,179 $65,065 $95,114
2019 $2,973 $121,649 $30,030 $91,619
2018 $2,887 $121,806 $30,030 $91,776
2017 $2,914 $121,811 $0 $0
2016 $2,690 $108,155 $0 $0
2015 $2,559 $99,980 $0 $0
2014 -- $98,469 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2016

    Gerardo Romaguera

    MMLS Assoc.-Inactive Member

  • William Encinosa

    Buyer's Agent in 2016

    William Encinosa

    W International Realty LLC

    (786) 380-1931

    1 in this area

    64 Total Sales

    William Encinosa
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10098315

MIAMI REALTORS® MLS

APN: 30-6018-001-0370

Florida Miami/Dade County Miami 33170

22221 SW 116th Ave, Miami, FL

Not Listed for Sale

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