NOT LISTED FOR SALE

Estimated Value: $370,000 - $426,000

2 Beds
1 Bath
671 Sq Ft
1941 Built

Last Sold January 29, 2013

Last sale price $169,900 $253 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,739/month

59 Days on Market

Highlights

  • End Unit
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • North Beach Elementary School Rated A-
  • Views
  • 5-minute walk to 36th Street Park

About This Home

As of January 2013

Foreclosed corporate unit, not a short sale, ready to close. Remodeled cozy Art Deco 2/1, granite and stainless steel kitchen. Bay window has a tiny ocean view. SHORT TERM RENTALS OK & PETS are OK! Right across from the beach and few blocks from South Bea ch. The neighborhood has new luxury projects being built! EZ TO SHOW. Move-in ready, No special assessments.

Last Agent to Sell the Property

Milen Kunev

Milenium Enterprises License #3036155 Listed on: 10/22/2012

Last Buyer's Agent

Gerard Billet

Beachfront Realty Inc License #3237658

Beachfront Realty Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,831

Year Built

  • Built in 1941

Lot Details

  • End Unit

Home Design

  • Entry on the 3rd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 671 Sq Ft Home
  • 4-Story Property
  • Tile Flooring
  • Electric Range
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • On-Street Parking
  • Open Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 02-32-26-048-0318

Community Details

Overview

  • Property has a Home Owners Association
  • Low-Rise Condominium
  • Madison Condo

Amenities

  • Secure Lobby
  • Interior Hall

Pet Policy

  • Dogs Allowed

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,831

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: Interior Hall, Other
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 671
  • Possible Use: Investment
  • Stories: 4
  • Bedroom Features: Entry Level

Exterior Features

  • View: Other View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Madison condo
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Security: Lobby Secured

Condo/Co-op/Association

  • Association Fee: 444
  • Amenities: Other
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-32-26-048-0318
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 1831

Multi Family

  • Maintenance Expense: 444

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2012
Closed on
Jan 29, 2013
Sold by
Johntess Services Inc
Bought by
Sofre Investments Llc
Seller's Agent
Milen Kunev
Milenium Enterprises
Buyer's Agent
Gerard Billet
Beachfront Realty Inc
List Price
$169,900
Sold Price
$169,900
Current Estimated Value
$405,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,832
Avg. Annual Appreciation
7.07%

Purchase Details

Closed on
Apr 30, 2012
Sold by
Madison Condo Assn Inc
Bought by
Johntess Services Inc

Purchase Details

Closed on
Apr 7, 2009
Sold by
Freire David W
Bought by
The Madison Condominium Association Inc

Purchase Details

Closed on
Mar 26, 2009
Sold by
Freire David W
Bought by
Madison Condominium Association

Purchase Details

Closed on
May 8, 2006
Sold by
Secada Otto and Secada Margarete G
Bought by
Freire David W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
2.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 23, 2003
Sold by
Collins Lc
Bought by
Secada Otto and Secada Margarete G
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
Sofre Investments Llc $169,900 Attorney
Johntess Services Inc $113,000 None Available
The Madison Condominium Association Inc -- None Available
Madison Condominium Association $100 --
Freire David W $260,000 None Available
Secada Otto $169,000 South Pointe Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Freire David W $234,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2013 01/29/13 Sold $169,900 0.0% $253 / Sq Ft
12/21/2012 12/21/12 Pending -- -- --
12/18/2012 12/18/12 Price Changed $169,900 0.0% $253 / Sq Ft
12/18/2012 12/18/12 For Sale $169,900 +2.4% $253 / Sq Ft
11/14/2012 11/14/12 Pending -- -- --
10/22/2012 10/22/12 For Sale $165,900 -- $247 / 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 $7,385 $375,038 -- --
2024 $6,443 $375,037 -- --
2023 $6,443 $340,943 $0 $0
2022 $5,877 $312,792 $0 $0
2021 $5,541 $286,965 $0 $0
2020 $5,291 $273,300 $0 $0
2019 $5,044 $260,280 $0 $0
2018 $5,758 $306,212 $0 $0
2017 $5,877 $290,291 $0 $0
2016 $5,685 $263,901 $0 $0
2015 $4,919 $239,910 $0 $0
2014 $4,431 $218,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1704022

MIAMI REALTORS® MLS

APN: 02-3226-048-0310