NOT LISTED FOR SALE

Estimated Value: $1,077,240 - $1,604,000

5 Beds
3 Baths
1,897 Sq Ft
$687/Sq Ft Est. Value

Last Sold April 17, 2014

Last sale price $435,000 $229 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $8,131/month

56 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring

About This Home

As of April 2014

Excellent opportunity to acquire this Design District property, either to rebuild or live in one unit and rent the other for income. Property is completely fenced with gated parking and also on-street. Nice tree-line street and excellent growing neighbour hood with a major high-end shopping hub in development. Perfect place to buy right now. **BROKERS-PROPERTY WILL BE SHOWN UPON AGREEMENT OF TERMS OR EXECUTION OF CONTRACT.

Last Agent to Sell the Property

Mauricio Zapata

MMLS Assoc.-Inactive Member License #3035127 Listed on: 12/19/2013

Last Buyer's Agent

Andres Ramirez

Realty One Group Evolution License #3274247

Realty One Group Evolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,095

Year Built

  • Built in 1980

Lot Details

  • Lot Dimensions are 50x100

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,897 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • 4 Units
  • Biltmore Sub Condos
  • Biltmore Sub Subdivision

Listing and Financial Details

  • Rent includes gardener, trash collection
  • Assessor Parcel Number 01-31-24-024-1231

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,095

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1980
  • Property Sub Type: Duplex
  • Architectural Style: Detached, Other
  • Horses: No
  • Lot Size: 50x100
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: BILTMORE SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1897
  • Possible Use: Unknown/Withheld
  • 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: BILTMORE SUB
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air
  • 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: 01-31-24-024-1231
  • Zoning: 57/GENER
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Trash Collection

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4095

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2020
Sold by
Neos Development Llc
Bought by
Design 42 Investment Llc
Current Estimated Value
$1,303,810

Purchase Details

Closed on
Dec 2, 2015
Sold by
Bellamy Llc
Bought by
Neos Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3.91%
Mortgage Type
Balloon

Purchase Details

Listed on
Dec 19, 2013
Closed on
Apr 4, 2014
Sold by
Brandelle Rental Properties Llc
Bought by
Bellamy Llc
Seller's Agent
Mauricio Zapata
MMLS Assoc.-Inactive Member
Buyer's Agent
Andres Ramirez
Realty One Group Evolution
List Price
$490,000
Sold Price
$435,000
Premium/Discount to List
-$55,000
-11.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.12%

Purchase Details

Closed on
Jul 27, 2011
Sold by
Kitchner Carl and Kitchner Ivan
Bought by
Brandelle Rental Properties Llc

Purchase Details

Closed on
Jul 8, 2002
Sold by
Celina Pierre I
Bought by
Kitchner Carl and Kitchner Ivan
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
Design 42 Investment Llc -- Attorney
Neos Development Llc -- Attorney
Bellamy Llc $435,000 Hemisphere Title Company
Brandelle Rental Properties Llc $135,000 P & P Title Services Llc
Kitchner Carl $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Design 42 Investment Llc $559,980
Previous Owner Neos Development Llc $600,000
Previous Owner Kitchner Carl $142,000
Previous Owner Kitchner Carl $252,000
Previous Owner Kitchner Carl $100,000
Previous Owner Kitchner Carl $142,500
Previous Owner Kitchner Carl $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2014 04/17/14 Sold $435,000 -11.2% $229 / Sq Ft
02/13/2014 02/13/14 Pending -- -- --
12/19/2013 12/19/13 For Sale $490,000 -- $258 / 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 $12,986 $582,501 -- --
2024 $12,639 $529,547 -- --
2023 $12,639 $481,407 $0 $0
2022 $10,885 $437,643 $0 $0
2021 $9,213 $397,858 $239,838 $158,020
2020 $10,153 $441,030 $280,904 $160,126
2019 $9,968 $443,135 $280,904 $162,231
2018 $9,254 $445,241 $280,904 $164,337
2017 $8,208 $351,589 $0 $0
2016 $9,459 $398,588 $0 $0
2015 $8,601 $352,638 $0 $0
2014 $4,654 $161,961 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1883609

MIAMI REALTORS® MLS

APN: 01-3124-024-1231