NOT LISTED FOR SALE

Estimated Value: $603,000 - $810,000

4 Beds
2 Baths
1,680 Sq Ft
$426/Sq Ft Est. Value

Last Sold September 17, 2020

Last sale price $450,000 $268 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $4,455/month

41 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Coral Gables Senior High School Rated A-
  • Ceramic Tile Flooring

About This Home

As of September 2020

This highly motivated seller is allowing you to take advantage of this rare and excellent opportunity to purchase this income producing Duplex situated in a highly desirable area of Miami. Located in one of the top rental markets in Miami-Dade, this Duplex could generate up to $3500 per month and operate over a 6% return on investment. The units are in excellent condition and have been occupied with long term tenants for over 5+ years. New PVC Plumbing and New Electrical System, New flat roof, new terrace. The property is larger of the tax roll. according to the owner.PLEASE DO NOT DISTURB TENANTS NOR THE OWNER! Please allow 24 hrs for showings since its owner-occupied.

Last Agent to Sell the Property

Dawsmel Bermejo

Coldwell Banker Realty License #3331396 Listed on: 06/26/2020

Coldwell Banker Realty

Last Buyer's Agent

Mark Cintron

Keller Williams Realty SW License #3398561

Keller Williams Realty SW

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,689

Year Built

  • Built in 1947

Lot Details

  • 5,271

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Barrel Roof Shape
  • Flat Roof with Façade front
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,680 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • 12Th St Manors Sec 3 Condos
  • 12Th St Manors Sec 3 Subdivision

Listing and Financial Details

  • Rent includes gardener, trash collection, water
  • Assessor Parcel Number 01-41-05-010-0120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,689

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1947
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Directions: Follow GPS
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: 12TH ST MANORS SEC 3
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 1680
  • Possible Use: Unknown/Withheld
  • Stories: 2

Exterior Features

  • Roof: Barrel Roof, Flat Roof With Facade Front
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 12TH ST MANORS SEC 3
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-05-010-0120
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Trash Collection, Water

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1689

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Sep 16, 2020
Sold by
Leon Ariel N
Bought by
Garcia Nathalie Grey
Seller's Agent
Dawsmel Bermejo
Coldwell Banker Realty
Buyer's Agent
Mark Cintron
Keller Williams Realty SW
List Price
$489,900
Sold Price
$450,000
Premium/Discount to List
-$39,900
-8.14%
Current Estimated Value
$715,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,177
Avg. Annual Appreciation
8.97%
Original Mortgage
$434,981
Outstanding Balance
$387,766
Interest Rate
2.9%
Mortgage Type
FHA
Estimated Equity
$299,508
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
Garcia Nathalie Grey $337,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Nathalie Grey $434,981
Previous Owner Leon Ariel N $351,000
Previous Owner Leon Ariel N $78,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2020 09/17/20 Sold $450,000 0.0% $268 / Sq Ft
07/17/2020 07/17/20 Price Changed $450,000 -8.1% $268 / Sq Ft
06/26/2020 06/26/20 For Sale $489,900 -- $292 / 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 $7,920 $412,184 -- --
2024 $7,666 $385,946 -- --
2023 $7,666 $361,613 $0 $0
2022 $7,114 $338,592 $0 $0
2021 $6,628 $317,928 $131,126 $186,802
2020 $1,793 $159,450 $0 $0
2019 $1,689 $145,160 $0 $0
2018 $1,669 $150,745 $0 $0
2017 $1,598 $122,538 $0 $0
2016 $1,543 $115,003 $0 $0
2015 $1,470 $108,762 $0 $0
2014 $1,457 $103,010 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10881145

MIAMI REALTORS® MLS

APN: 01-4105-010-0120