NOT LISTED FOR SALE

Estimated Value: $217,534 - $400,000

-- Bed
1 Bath
426 Sq Ft
$130/mo HOA Fee

Last Sold August 09, 2016

Last sale price $160,000 $376 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,006/month

128 Days on Market

Highlights

  • Senior Community
  • Furnished
  • Cooling System Mounted To A Wall/Window
  • Garden View
  • Elevator
  • 1-minute walk to Marjory Stoneman Douglas Park

About This Home

As of August 2016

55 and over community studio, Sholom House Condo is located at the corner of Ocean Drive and 3rd street, across from the park. Beach steps away from the building. No present assessment, perfect for retired person or vacation home!. Amazing roof patio!! Beautiful gardens, low maintenance $130 per month. Must be 55+/ No pets/ No rentals. No Assign Parking, although building overs 6 free spaces of cover parking. Parking spaces are available.

Last Agent to Sell the Property

James Robertson

MMLS Assoc.-Inactive Member License #3344724 Listed on: 02/23/2016

MMLS Assoc.-Inactive Member

Last Buyer's Agent

Freddy Hassun

Mint Realty LLC License #3294391

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $549

Year Built

  • Built in 1940

HOA Fees

  • $130 Monthly HOA Fees

Interior Spaces

  • 1 Full Bathroom
  • 426 Sq Ft Home
  • Furnished
  • Garden Views
  • Dryer

Utilities

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

Additional Features

  • Handicap Modified
  • East Facing Home
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-015-0120

Community Details

Overview

  • Senior Community
  • Sholom House Condo
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Laundry Facilities
  • Elevator

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Phone Entry

Property Details

Home Type

Condominium

Est. Annual Taxes

$549

Year Built

Built in 1940

Lot Details

0

HOA Fees

$130 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1940
  • Property Sub Type: Condominium
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Efficiency, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Appliances: Dryer
  • Interior Amenities: First Floor Entry, Handicap Equipped, No Additional Rooms
  • Accessibility Features: Handicap Equipped
  • Full Bathrooms: 1
  • Flooring: Other
  • Furnished: Furnished, Unfurnished, Turn Key Furnished
  • Living Area: 426
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Entry Level
  • Living Room Features: No Additional Rooms
  • Master Bathroom Features: None

Exterior Features

  • View: Garden View
  • Exterior Features: East Of Us1, None
  • Direction Faces: East
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Park Building Name: Sholom House Condo
  • Parking Features: None, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Laundry Features: Washer/Dryer Hook-Up, Common Area
  • Security: Phone Entry

Condo/Co-op/Association

  • Association Fee: 130
  • Amenities: Laundry, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-015-0120
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 130

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 549

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2016
Closed on
Aug 9, 2016
Sold by
Karcho Mawlood
Bought by
Karcho Mawlood and 260 Ocean Drive Llc
Seller's Agent
James Robertson
MMLS Assoc.-Inactive Member
Buyer's Agent
Freddy Hassun
Mint Realty LLC
List Price
$179,000
Sold Price
$160,000
Premium/Discount to List
-$19,000
-10.61%
Current Estimated Value
$297,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,384
Avg. Annual Appreciation
6.90%

Purchase Details

Closed on
Jun 17, 2005
Sold by
Redstone Group Corp
Bought by
Lay Felipe Octavio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
5.57%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 28, 2004
Sold by
Manrodt John H and Manrodt Susan E
Bought by
Redstone Group Corp

Purchase Details

Closed on
Jan 29, 2001
Sold by
White Claude L and White Henryetta B
Bought by
Manrodt John H and Manrodt Susan E
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
Karcho Mawlood -- Attorney
Karcho Mawlood $160,000 Attorney
Lay Felipe Octavio $145,000 Usa Title Llc
Redstone Group Corp $112,000 --
Manrodt John H $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lay Felipe Octavio $126,000
Previous Owner Lay Felipe Octavio $30,000
Previous Owner Lay Felipe Octavio $137,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2016 08/09/16 Sold $160,000 -10.6% $376 / Sq Ft
07/01/2016 07/01/16 Pending -- -- --
02/23/2016 02/23/16 For Sale $179,000 -- $420 / 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 $3,072 $175,354 -- --
2024 $2,739 $159,413 -- --
2023 $2,739 $144,921 $0 $0
2022 $2,593 $138,020 $0 $0
2021 $2,587 $134,000 $0 $0
2020 $2,594 $134,000 $0 $0
2019 $2,597 $134,000 $0 $0
2018 $2,407 $127,979 $0 $0
2017 $2,437 $127,979 $0 $0
2016 $540 $57,467 $0 $0
2015 $549 $57,068 $0 $0
2014 $561 $56,616 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10039216

MIAMI REALTORS® MLS

APN: 02-4203-015-0120