NOT LISTED FOR SALE

Estimated Value: $496,000 - $598,000

5 Beds
2 Baths
1,809 Sq Ft
$304/Sq Ft Est. Value

Last Sold May 08, 2024

Last sale price $475,000 $263 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,405/month

77 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Concrete Flooring
  • 1-Story Property
  • East Facing Home
  • Fenced

About This Home

As of May 2024

2779 nw 4 ter - $475K – Single FamilyLittle Havana Corner Single family home.  5 bedroom 2 bath home totaling 1,809sf of building on a 6,100sf corner lot.  Property features central a/c, and verdant landscaping proving the home with a wonderful tree canopy and plenty of shade.  Solid, working-class neighborhood.  Current NOI of $18k, raisable to Proforma NOI of $26k, and close to a 6% cap at asking price.  Property benefits from being in a neighborhood with plenty of great retail options on several active commercial corridors, solid and safe schools, and close to all the major employment centers of our city.  Priced very reasonable to sell. The perfect first time investment.

Last Agent to Sell the Property

Vicente Rodriguez

Fausto Commercial Realty Consultants Inc License #3289280 Listed on: 11/27/2023

Last Buyer's Agent

Carlos Fausto Miranda

Fausto Commercial Realty Consultants Inc License #3129999

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,580

Year Built

  • Built in 1938

Lot Details

  • 6,100 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Shingle Roof

Interior Spaces

  • 1,809 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Parking

  • 5 Carport Spaces
  • Driveway
  • Open Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Grosse Pointe Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-04-012-0590

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,580

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1938
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: GROSSE POINTE HIGHLANDS
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Concrete
  • Furnished: Unfurnished
  • Living Area: 1809
  • Possible Use: Investment
  • Bedroom Features: At Least 1 Bedroom Ground Level, None
  • Living Room Features: Other

Exterior Features

  • Roof: Shingle
  • View: None
  • Exterior Features: None
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: GROSSE POINTE HIGHLANDS
  • Carport Spaces: 5
  • Covered Parking Spaces: 5
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-04-012-0590
  • Lot Size Sq Ft: 6100
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4580

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2023
Closed on
Mar 12, 2024
Sold by
Global Rei Group Llc
Bought by
Sosa Kevin
Seller's Agent
Vicente Rodriguez
Fausto Commercial Realty Consultants Inc
Buyer's Agent
Carlos Fausto Miranda
Fausto Commercial Realty Consultants Inc
List Price
$475,000
Sold Price
$475,000
Views
468
Current Estimated Value
$549,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,075
Avg. Annual Appreciation
9.90%
Original Mortgage
$454,500
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 17, 2011
Closed on
Feb 27, 2012
Sold by
Chavez Wilbert De Los A
Bought by
Global Rei Group Llc
List Price
$164,900
Sold Price
$79,000
Premium/Discount to List
-$85,900
-52.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.84%

Purchase Details

Closed on
May 20, 2004
Sold by
Gutierrez Sonia
Bought by
Chavez Wilbert De Los Angeles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
8.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 20, 2001
Sold by
Alberto Lopez M and Alberto Adela F
Bought by
Gutierrez Sonia

Purchase Details

Closed on
Aug 17, 2000
Sold by
Active Investments Inc
Bought by
Lopez Alberto and Infante Adela F

Purchase Details

Closed on
Feb 15, 2000
Sold by
Dade County Circuit Court
Bought by
Active Investments Inc

Purchase Details

Closed on
Dec 5, 1997
Sold by
Rosita and Ridriguez Ricardo
Bought by
Rodriguez Rostia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
7.38%
Mortgage Type
Credit Line Revolving
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
Sosa Kevin $505,000 Title Union Llc
Global Rei Group Llc $79,000 Title Partners Of Fl Inc
Chavez Wilbert De Los Angeles $229,000 --
Gutierrez Sonia $170,000 --
Lopez Alberto $140,000 --
Active Investments Inc $93,500 --
Rodriguez Rostia $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sosa Kevin $454,500
Previous Owner Chavez Wilbert Delosangeles $328,000
Previous Owner Chavez Wilbert Delosangeles $282,900
Previous Owner Chavez Wilbert De Los Angeles $221,000
Previous Owner Rodriguez Rostia $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2024 05/08/24 Sold $475,000 0.0% $263 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
12/15/2023 12/15/23 For Sale $475,000 0.0% $263 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $475,000 +501.3% $263 / Sq Ft
02/27/2012 02/27/12 Sold $79,000 -52.1% $45 / Sq Ft
01/28/2012 01/28/12 Pending -- -- --
05/17/2011 05/17/11 For Sale $164,900 -- $93 / 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 $4,954 $352,397 $317,223 $35,174
2024 $4,580 $173,247 -- --
2023 $4,580 $157,498 $0 $0
2022 $3,973 $143,180 $0 $0
2021 $3,578 $130,164 $0 $0
2020 $3,316 $176,652 $140,212 $36,440
2019 $3,054 $160,353 $123,652 $36,701
2018 $2,851 $160,614 $123,652 $36,962
2017 $2,623 $88,905 $0 $0
2016 $2,532 $80,823 $0 $0
2015 $2,297 $73,476 $0 $0
2014 $1,920 $66,797 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11490830

MIAMI REALTORS® MLS

APN: 01-4104-012-0590