NOT LISTED FOR SALE

Estimated Value: $1,254,000 - $2,050,000

8 Beds
8 Baths
5,840 Sq Ft
$300/Sq Ft Est. Value

Last Sold February 26, 2018

Last sale price $550,000 $94 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $10,585/month

41 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Coral Gables Senior High School Rated A-
  • Outdoor Grill
  • 5-minute walk to Douglas Park

About This Home

As of February 2018

RARE OPPORTUNITY FOR A DUPLEX, HUGE PROPERTY WITH ADDITIONAL ROOMS, AMAZING LOCATION, EACH HAVE THREE BEDROOMS AND TWO AND HALF BATHROOMS. LONG TERM TENANTS WILLING TO RENEW LEASES. FEW REPAIRS ARE REQUIRED.

Last Agent to Sell the Property

Alfredo Vega

Ocean View Realty LLC License #0677207 Listed on: 07/31/2017

Co-Listed By

Alma Abreu

MMLS Assoc.-Inactive Member License #3148649

Last Buyer's Agent

Alfredo Vega

Ocean View Realty LLC License #0677207 Listed on: 07/31/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,074

Year Built

  • Built in 1987

Lot Details

  • 7,754

Parking

  • 8 Parking Spaces

Home Design

  • Duplex
  • Flat Roof with Façade front
  • Tile Roof

Interior Spaces

  • 5,840 Sq Ft Home
  • 2-Story Property
  • Vertical Blinds
  • Ceramic Tile Flooring

Additional Features

  • Outdoor Grill
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Realty Securities Corppb Condos
  • Realty Securities Corppb Subdivision

Listing and Financial Details

  • Rent includes electricity, water
  • Assessor Parcel Number 01-41-17-003-0510

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,074

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1987
  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Co List Office Mls Id: OVRI01
  • Co List Office Phone: 786-657-2224
  • Directions: PLEASE USE GPS
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: REALTY SECURITIES CORPPB
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Yn: No
  • Flooring: Ceramic Floor
  • Living Area: 5840
  • Possible Use: Investment
  • Stories: 2
  • Window Features: Verticals

Exterior Features

  • Roof: Flat Roof With Facade Front, Curved/S-Tile Roof
  • Exterior Features: Barbeque
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: REALTY SECURITIES CORPPB
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: 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: 01-41-17-003-0510
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Water

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 12074

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2017
Closed on
Feb 26, 2018
Sold by
Mayorquin Investments Llc
Bought by
Soza Raquel
Seller's Agent
Alfredo Vega
Ocean View Realty LLC
Buyer's Agent
Alfredo Vega
Ocean View Realty LLC
List Price
$610,000
Sold Price
$550,000
Premium/Discount to List
-$60,000
-9.84%
Current Estimated Value
$1,750,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,200,848
Avg. Annual Appreciation
16.37%
Original Mortgage
$385,000
Outstanding Balance
$327,214
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$1,423,634

Purchase Details

Listed on
Feb 4, 2015
Closed on
Aug 28, 2015
Sold by
Mendoza Marisol and Aragoa Teodoro
Bought by
Mayorquin Investments Llc
Seller's Agent
Maggie Alvarez
Miami New Realty
Buyer's Agent
Maggie Alvarez
Miami New Realty
List Price
$899,000
Sold Price
$500,000
Premium/Discount to List
-$399,000
-44.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.90%
Original Mortgage
$300,000
Interest Rate
12%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 26, 2006
Sold by
Mare Maria J
Bought by
Mendoza Marisol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,000
Interest Rate
3%
Mortgage Type
Unknown
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
Soza Raquel $550,000 Attorney
Mayorquin Investments Llc $500,000 Venetian Title Services Inc
Mendoza Marisol $740,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soza Raquel $385,000
Previous Owner Mayorquin Investments Llc $300,000
Previous Owner Mendoza Marisol $592,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2018 02/26/18 Sold $550,000 -34.5% $94 / Sq Ft
02/03/2018 02/03/18 Price Changed $840,000 +37.7% $144 / Sq Ft
02/01/2018 02/01/18 For Sale $610,000 0.0% $104 / Sq Ft
08/24/2017 08/24/17 Pending -- -- --
07/14/2017 07/14/17 For Sale $610,000 +22.0% $104 / Sq Ft
08/31/2015 08/31/15 Sold $500,000 -44.4% $94 / Sq Ft View Prior Sale
08/31/2015 08/31/15 Pending -- -- --
02/04/2015 02/04/15 For Sale $899,000 -- $169 / 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 $15,626 $655,598 -- --
2024 $12,830 $595,999 -- --
2023 $12,830 $541,818 $0 $0
2022 $11,708 $492,562 $0 $0
2021 $10,274 $447,784 $255,849 $191,935
2020 $10,326 $449,171 $255,849 $193,322
2019 $10,378 $450,556 $255,849 $194,707
2018 $12,886 $609,073 $255,849 $353,224
2017 $11,634 $513,330 $0 $0
2016 $12,074 $518,375 $0 $0
2015 $14,038 $597,180 $0 $0
2014 $13,296 $552,779 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10315798

MIAMI REALTORS® MLS

APN: 01-4117-003-0510