NOT LISTED FOR SALE

231 SW 5th St Homestead, FL 33030

Southwest Homestead Neighborhood

Estimated Value: $641,504

4 Beds
4 Baths
1,224 Sq Ft
$524/Sq Ft Est. Value

Sale Details

Date Sold: February 15, 2023

Last sale price $499,000 $408 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,487 / mo

134 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

About This Home

As of February 2023

Well maintained 4plex with separate meters and low utility bills (roughly $40 a month). Property is low maintenance, only needing occasional landscaping for around $50 a month

Last Agent to Sell the Property

Evelyn Hsu

American Realty Capital Group, LLC. License #3397661 Listed on: 07/31/2022

Last Buyer's Agent

Evelyn Hsu

American Realty Capital Group, LLC. License #3397661 Listed on: 07/31/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,800

Year Built

  • Built in 1954

Lot Details

  • Property is zoned 9400

Parking

  • 4 Parking Spaces

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

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

Community Details

  • No Home Owners Association
  • W D Hornes Sub Subdivision

Listing and Financial Details

  • Total Actual Rent $4,463
  • Rent includes water
  • Assessor Parcel Number 10-78-13-042-0320

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,800

Year Built

Built in 1954

Lot Details

3,267 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1954
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: W D HORNES SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1224
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: W D HORNES SUB
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • 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: 10-78-13-042-0320
  • Zoning: 9400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4800

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Total Actual Rent: 4463

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2022
Closed on
Feb 17, 2023
Sold by
M & M Asian Massage Inc
Bought by
Homestead Community Redevelopment Agency
Seller's Agent
Evelyn Hsu
American Realty Capital Group, LLC.
Buyer's Agent
Evelyn Hsu
American Realty Capital Group, LLC.
List Price
$469,000
Sold Price
$499,000
Premium/Discount to List
$30,000
6.4%
Views
57
Current Estimated Value
$641,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,504
Avg. Annual Appreciation
8.09%

Purchase Details

Listed on
Jul 17, 2020
Closed on
Mar 22, 2021
Sold by
Mag Florida Propertiees Inc
Bought by
M & M Asian Massage Inc
Seller's Agent
Vanessa Yepes
Romance Realty Corp
Buyer's Agent
Evelyn Hsu
American Realty Capital Group, LLC.
List Price
$390,000
Sold Price
$325,000
Premium/Discount to List
-$65,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.32%
Original Mortgage
$165,000
Interest Rate
2.8%
Mortgage Type
Stand Alone First

Purchase Details

Listed on
Apr 29, 2019
Closed on
Aug 6, 2019
Sold by
Xf Investments Inc
Bought by
Mag Florida Properties Inc
Seller's Agent
Kriss Elliott
NV Realty Services, Inc.
Buyer's Agent
Vanessa Yepes
Romance Realty Corp
List Price
$279,500
Sold Price
$255,000
Premium/Discount to List
-$24,500
-8.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.15%

Purchase Details

Listed on
Oct 2, 2018
Closed on
Dec 13, 2018
Sold by
Rockwood Investments Inc
Bought by
Xf Investments Inc
Seller's Agent
James Bunyan
Millennium III Realty Services
Buyer's Agent
James Bunyan
Millennium III Realty Services
List Price
$164,900
Sold Price
$140,000
Premium/Discount to List
-$24,900
-15.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
129.98%
Original Mortgage
$156,000
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 2, 2018
Closed on
Nov 19, 2018
Sold by
Hamed Furqan Hanan
Bought by
Rockwood Investments Inc
Seller's Agent
James Bunyan
Millennium III Realty Services
Buyer's Agent
James Bunyan
Millennium III Realty Services
List Price
$164,900
Sold Price
$140,000
Premium/Discount to List
-$24,900
-15.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
4.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 17, 2017
Sold by
Bunyan Hamed Aundrella
Bought by
Revocab Hamed Aundrella Bunyan
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Homestead Community Redevelopment Agency $499,000 --
M & M Asian Massage Inc $325,000 Greentree Title Llc
M & M Asian Massage Inc $325,000 Greentree Title
Mag Florida Properties Inc $255,000 All World Title Corp
Xf Investments Inc $195,000 Miami Title Group Inc
Rockwood Investments Inc $140,000 Miami Title Group Inc
Revocab Hamed Aundrella Bunyan -- Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner M & M Asian Massage Inc $165,000
Previous Owner Xf Investments Inc $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2023 02/15/23 Sold $499,000 +6.4% $408 / Sq Ft
12/12/2022 12/12/22 Pending -- -- --
08/24/2022 08/24/22 For Sale $469,000 0.0% $383 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
07/31/2022 07/31/22 For Sale $469,000 +44.3% $383 / Sq Ft
03/22/2021 03/22/21 Sold $325,000 -7.1% $266 / Sq Ft View Prior Sale
02/02/2021 02/02/21 Price Changed $350,000 +7.7% $286 / Sq Ft
02/02/2021 02/02/21 Price Changed $325,000 -9.7% $266 / Sq Ft
11/17/2020 11/17/20 Price Changed $360,000 -7.7% $294 / Sq Ft
07/17/2020 07/17/20 For Sale $390,000 +52.9% $319 / Sq Ft
08/07/2019 08/07/19 Sold $255,000 -3.8% $208 / Sq Ft View Prior Sale
07/19/2019 07/19/19 Pending -- -- --
06/20/2019 06/20/19 Price Changed $265,000 -5.2% $217 / Sq Ft
04/12/2019 04/12/19 For Sale $279,500 +99.6% $228 / Sq Ft
11/19/2018 11/19/18 Sold $140,000 -15.1% $112 / Sq Ft View Prior Sale
10/17/2018 10/17/18 For Sale $164,900 +17.8% $131 / Sq Ft
10/11/2018 10/11/18 Off Market $140,000 -- --
09/01/2018 09/01/18 For Sale $164,900 -- $131 / Sq Ft
Source: MIAMI REALTORS® MLS

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 -- $81,250 $81,250 --
2024 $780 $333,554 $81,250 $252,304
2023 $780 $272,926 $0 $0
2022 $5,298 $248,115 $48,750 $199,365
2021 $4,800 $218,056 $19,500 $198,556
2020 $4,553 $206,037 $19,500 $186,537
2019 $3,167 $142,797 $19,500 $123,297
2018 $1,802 $113,329 $16,250 $97,079
2017 $1,560 $62,767 $0 $0
2016 $1,428 $57,061 $0 $0
2015 $1,410 $51,874 $0 $0
2014 $1,116 $47,159 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Evelyn Hsu

    Seller's Agent in 2023

    Evelyn Hsu

    American Realty Capital Group, LLC.

    (786) 897-9340

    3 in this area

    45 Total Sales

    Evelyn Hsu
    Section Image
  • Vanessa Yepes

    Seller's Agent in 2021

    Vanessa Yepes

    Romance Realty Corp

    (305) 988-6688

    4 Total Sales

    Vanessa Yepes
    Section Image
  • Kriss Elliott

    Seller's Agent in 2019

    Kriss Elliott

    NV Realty Services, Inc.

    (305) 345-9774

    9 Total Sales

    Kriss Elliott
    Section Image
  • James Bunyan

    Seller's Agent in 2018

    James Bunyan

    Millennium III Realty Services

    (786) 525-5984

    27 Total Sales

    James Bunyan
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11248641

MIAMI REALTORS® MLS

APN: 10-7813-042-0320

Florida Miami/Dade County Homestead 33030 Southwest Homestead

231 SW 5th St, Homestead, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.