NOT LISTED FOR SALE

Estimated Value: $1,040,000 - $1,269,352

3 Beds
2 Baths
2,848 Sq Ft
$406/Sq Ft Est. Value

Last Sold March 27, 2020

Last sale price $560,000 $197 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $7,344/month

78 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • 1-Story Property
  • No HOA
  • Ceiling Fan

About This Home

As of March 2020

Spanish style Duplex with great outdoor space to enjoy. Property has access on both sides to backyard. Property conveniently located on a quiet street in the heart of Miami. All living units have been updated inside. This property is a money maker!!! Minutes from Miami International Airport, Brickell, Downtown, Miami Beach and Coral Gables. This property wont last..

Last Agent to Sell the Property

Javier Morera

Real Estate Sales Force License #3103274 Listed on: 12/19/2019

Real Estate Sales Force

Last Buyer's Agent

Brittney Solano

Luxe Properties License #3311062

Luxe Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,776

Year Built

  • Built in 1939

Lot Details

  • 7,187

Parking

  • 5 Parking Spaces

Home Design

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

Interior Spaces

  • 2,848 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 01-41-10-002-2951

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,776

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1939
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: GRAPELAND
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor, Tile, Wood
  • Living Area: 2848
  • Possible Use: Investment
  • Stories: 1

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: GRAPELAND
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • 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: 01-41-10-002-2951
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 8776

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2023
Sold by
Farinas Victor M and Farinas Elvira A
Bought by
2469 Fe Llc
Current Estimated Value
$1,157,588

Purchase Details

Listed on
Dec 19, 2019
Closed on
Mar 24, 2020
Sold by
Ferras Jose Luis and Ferras Christine Ann
Bought by
Farinas Victor M and Escribano Elvira A
Seller's Agent
Javier Morera
Real Estate Sales Force
Buyer's Agent
Brittney Solano
Luxe Properties
List Price
$599,995
Sold Price
$560,000
Premium/Discount to List
-$39,995
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.03%
Original Mortgage
$560,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 21, 2014
Sold by
Ferras Jose Luis
Bought by
The Ferras Family Living Trust

Purchase Details

Closed on
Aug 5, 2002
Sold by
Miguel A Ferras I
Bought by
Ferras Miguel A
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
2469 Fe Llc -- None Listed On Document
2469 Fe Llc -- None Listed On Document
Farinas Victor M $560,000 Perazzo Title Llc
The Ferras Family Living Trust -- Attorney
Ferras Miguel A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Farinas Victor M $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2020 03/27/20 Sold $560,000 -6.7% $197 / Sq Ft
12/19/2019 12/19/19 For Sale $599,995 -- $211 / 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 $14,191 $737,498 -- --
2024 $12,256 $670,453 $446,224 $224,229
2023 $12,256 $529,156 $0 $0
2022 $10,882 $476,658 $0 $0
2021 $9,967 $433,326 $266,169 $167,157
2020 $9,875 $434,209 $266,169 $168,040
2019 $9,048 $392,293 $223,373 $168,920
2018 $8,114 $351,103 $176,402 $174,701
2017 $3,283 $160,867 $0 $0
2016 $3,291 $157,559 $0 $0
2015 $3,318 $156,464 $0 $0
2014 $5,480 $208,141 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10789718

MIAMI REALTORS® MLS

APN: 01-4110-002-2951