NOT LISTED FOR SALE

240 NW 56th St Miami, FL 33127

Little Haiti Neighborhood

Estimated Value: $736,000 - $1,094,000

8 Beds
4 Baths
2,592 Sq Ft
$327/Sq Ft Est. Value

Last Sold October 30, 2014

Last sale price $170,000 $66 Per Sq Ft

Est. 399% increase in value since last sale

Current estimated payment $5,320/month

48 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 5-minute walk to Buena Vista Park
  • Tile Flooring
  • 1-Story Property

About This Home

As of October 2014

Spacious Duplex Ready to make your own! You can live in one unit and rent the second unit with lots of income potential. 3 bedroom / 2 bathrooms on each side. At this price it will not last!

Last Agent to Sell the Property

Aarambh Shah

MMLS Assoc.-Inactive Member License #3170501 Listed on: 08/08/2014

Last Buyer's Agent

Aarambh Shah

MMLS Assoc.-Inactive Member License #3170501 Listed on: 08/08/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,924

Year Built

  • Built in 2007

Lot Details

  • 7,100

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,592 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Tile

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Railroad Shops Inter Scho Condos
  • Railroad Shops Inter Scho Subdivision

Listing and Financial Details

  • Rent includes sewer, water
  • Assessor Parcel Number 01-31-13-048-0520

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,924

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2007
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: RAILROAD SHOPS INTER SCHO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: 4116
  • Stories: 1

Interior Features

  • Flooring: Carpet, Tile
  • Living Area: 2592
  • Possible Use: Investment
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: RAILROAD SHOPS INTER SCHO
  • 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: 01-31-13-048-0520
  • Zoning: 57/GENER
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Water

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 3924

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 29, 2016
Sold by
Girlado Jaime A
Bought by
Jaime A Giraldo Trs
Current Estimated Value
$848,495

Purchase Details

Closed on
Apr 1, 2015
Sold by
Jag Real Estate Holdings Llc
Bought by
Giraldo Jaime A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2014
Closed on
Oct 30, 2014
Sold by
Spark Properties Llc
Bought by
Jag Real Estate Holdings Llc
Seller's Agent
Aarambh Shah
MMLS Assoc.-Inactive Member
Buyer's Agent
Aarambh Shah
MMLS Assoc.-Inactive Member
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.74%
Original Mortgage
$160,000
Interest Rate
4.29%
Mortgage Type
Balloon

Purchase Details

Listed on
Aug 8, 2014
Closed on
Oct 9, 2014
Sold by
Federal National Mortgage Association
Bought by
Spark Properties Llc
Seller's Agent
Aarambh Shah
MMLS Assoc.-Inactive Member
Buyer's Agent
Aarambh Shah
MMLS Assoc.-Inactive Member
List Price
$175,000
Sold Price
$170,000
Premium/Discount to List
-$5,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.29%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 1, 2014
Sold by
Lavalliere Richard
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 7, 2007
Sold by
Lavalguerre Investment Group Inc
Bought by
Lavalliere Richard

Purchase Details

Closed on
Jul 16, 2003
Sold by
State Of Florida/Miami Dade County
Bought by
Laval Guerre Investment Inc
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
Jaime A Giraldo Trs $100 --
Giraldo Jaime A -- Title Guaranty Of South Fl I
Jag Real Estate Holdings Llc $180,000 Independence Title Inc
Spark Properties Llc $170,000 Buyers Title Inc
Federal National Mortgage Association $139,100 None Available
Lavalliere Richard -- None Available
Laval Guerre Investment Inc $19,398 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Giraldo Jaime A $140,000
Previous Owner Jag Real Estate Holdings Llc $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2014 10/30/14 Sold $170,000 -2.9% $66 / Sq Ft
09/25/2014 09/25/14 Pending -- -- --
08/08/2014 08/08/14 For Sale $175,000 -- $68 / 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 $10,549 $491,092 -- --
2024 $9,995 $446,448 -- --
2023 $9,995 $405,862 $0 $0
2022 $8,995 $368,966 $0 $0
2021 $7,887 $374,440 $145,516 $228,924
2020 $8,060 $342,768 $111,216 $231,552
2019 $7,878 $333,442 $99,263 $234,179
2018 $7,223 $308,573 $90,428 $218,145
2017 $6,937 $291,567 $0 $0
2016 $4,876 $188,590 $0 $0
2015 $4,878 $185,206 $0 $0
2014 $4,070 $143,271 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Aarambh Shah

    MMLS Assoc.-Inactive Member

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A1988784

MIAMI REALTORS® MLS

APN: 01-3113-048-0520

Florida Miami/Dade County Miami 33127 Little Haiti

240 NW 56th St, Miami, FL

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