NOT LISTED FOR SALE

2416 NW 7th Ct Miami, FL 33127

Allapattah Neighborhood

Estimated Value: $986,000

-- Bed
1 Bath
-- Sq Ft
3,398 Sq Ft Lot

Last Sold September 24, 2014

Last sale price $215,000

Est. 359% increase in value since last sale

Current estimated payment $5,521/month

3 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

About This Home

As of September 2014

Great fourplex in the heart of Wynwood! 100% occupied. $2,600 monthly income.

Last Agent to Sell the Property

William Alvarez

Sterling One Realty, Inc. License #0561107 Listed on: 08/11/2014

Last Buyer's Agent

William Alvarez

Sterling One Realty, Inc. License #0561107 Listed on: 08/11/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,038

Year Built

  • Built in 1937

Lot Details

  • 3,398

Home Design

  • Concrete Block And Stucco Construction

Utilities

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

Additional Features

  • 2-Story Property
  • Property is zoned 70/INDUS

Community Details

  • No Home Owners Association
  • Sunshine Park Subdivision

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 01-31-26-011-0230

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,038

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1937
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: SUNSHINE PARK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Other
  • Possible Use: Unknown/Withheld
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Park Building Name: SUNSHINE PARK

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • 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: 01-31-26-011-0230
  • Zoning: 70/INDUS
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 1038

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2014
Closed on
Sep 19, 2014
Sold by
N & I Holdings & Investments Inc
Bought by
N & I Holdings Investments Llc
Seller's Agent
William Alvarez
Sterling One Realty, Inc.
Buyer's Agent
William Alvarez
Sterling One Realty, Inc.
List Price
$325,000
Sold Price
$215,000
Premium/Discount to List
-$110,000
-33.85%
Current Estimated Value
$986,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$771,000
Original Mortgage
$100,000
Outstanding Balance
$76,585
Interest Rate
4.15%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 8, 2009
Sold by
Innovative Investment Group Inc
Bought by
N & I Holdings & Investments Inc

Purchase Details

Closed on
Jun 10, 2005
Sold by
Pahokee Lumber Co
Bought by
Innovative Investment Group Inc

Purchase Details

Closed on
Apr 15, 2005
Sold by
Carroli Helen
Bought by
Pahokee Lumber Co

Purchase Details

Closed on
Nov 5, 2003
Sold by
Northern Bay Enterprise Inc
Bought by
Northern Bay Enterprise 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
N & I Holdings Investments Llc $215,000 Attorney
N & I Holdings & Investments Inc -- Attorney
N & I Holdings & Investments Inc -- None Available
Innovative Investment Group Inc -- --
Pahokee Lumber Co $20,000 --
Northern Bay Enterprise Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open N & I Holdings Investments Llc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2014 09/24/14 Sold $215,000 -33.8% --
08/14/2014 08/14/14 Pending -- -- --
08/11/2014 08/11/14 For Sale $325,000 -- --
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 $4,020 $182,202 -- --
2024 $3,909 $165,639 -- --
2023 $3,909 $150,581 $0 $0
2022 $3,040 $136,892 $0 $0
2021 $2,963 $124,448 $0 $0
2020 $2,815 $170,000 $170,000 $0
2019 $2,675 $170,000 $170,000 $0
2018 $2,473 $170,000 $170,000 $0
2017 $1,801 $85,000 $0 $0
2016 $1,816 $82,280 $0 $0
2015 $1,663 $74,800 $0 $0
2014 $1,133 $49,368 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • William Alvarez

    Seller's Agent in 2014

    William Alvarez

    Sterling One Realty, Inc.

    (305) 646-8272

    4 in this area

    65 Total Sales

    William Alvarez
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1989587

MIAMI REALTORS® MLS

APN: 01-3126-011-0230

Florida Miami/Dade County Miami 33127 Allapattah

2416 NW 7th Ct, Miami, FL

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