NOT LISTED FOR SALE

3125 SW 22nd Terrace Miami, FL 33145

Coral Way Neighborhood

Estimated Value: $780,000 - $909,000

4 Beds
2 Baths
1,492 Sq Ft
$574/Sq Ft Est. Value

Last Sold July 13, 2017

Last sale price $365,000 $245 Per Sq Ft

Est. 135% increase in value since last sale

Current estimated payment $5,727/month

100 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Heating System Mounted To A Wall or Window
  • Coral Gables Senior High School Rated A-
  • Cooling System Mounted To A Wall/Window

About This Home

As of July 2017

Great duplex located in an active and strong rental market. This property is just minutes from major thoroughfares, public transportation, retail stores, restaurants, and the City of Coral Gables. Property has great development upside with a zoning classification of T4-R. Property will be shown with confirmed appointments on Tuesday and Thursday afternoons. Contact the listing agent to schedule a showing today.

Last Agent to Sell the Property

David Vina

RE/MAX - City Centre Realty License #3227265 Listed on: 03/13/2017

RE/MAX - City Centre Realty

Last Buyer's Agent

Ivette Diaz

EXP Realty LLC License #3274618

EXP Realty LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,139

Year Built

  • Built in 1947

Lot Details

  • 5,837

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,492 Sq Ft Home
  • 2-Story Property

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Utilities

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

Listing and Financial Details

  • Total Actual Rent $22,260
  • Rent includes trash collection, water
  • Assessor Parcel Number 01-41-16-009-0860

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Amnd Plat Of Miami Sub Ac Condos
  • Amnd Plat Of Miami Sub Ac Subdivision

Building Details

  • Operating Expense $11,168
  • Net Operating Income $11,092

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,139

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1947
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: AMND PLAT OF MIAMI SUB AC
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Yn: No
  • Flooring: Carpet, Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 1492
  • Possible Use: Investment
  • Stories: 2

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: AMND PLAT OF MIAMI SUB AC
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-16-009-0860
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection, Water

Multi Family

  • Net Operating Income: 11092
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Operating Expense: 11168
  • Total Actual Rent: 22260

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 6139

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2022
Sold by
Escobar Carlos H and Mery Linda
Bought by
Ianca 2 Llc
Current Estimated Value
$856,660

Purchase Details

Closed on
Feb 14, 2022
Sold by
Netco Properties Llc
Bought by
Escobar Carlos H and Escobar Graciany Linda

Purchase Details

Listed on
Mar 13, 2017
Closed on
Jul 13, 2017
Sold by
Pardo Rolando L and Pardo Brbara
Bought by
Netco Properties Llc
Seller's Agent
David Vina
RE/MAX - City Centre Realty
Buyer's Agent
Ivette Diaz
EXP Realty LLC
List Price
$399,900
Sold Price
$365,000
Premium/Discount to List
-$34,900
-8.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.74%
Original Mortgage
$363,750
Interest Rate
3.94%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 3, 2004
Sold by
Pardo Cristina and Pardo Crestina
Bought by
Pardo Barbara and Pardo Rolando L
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
Ianca 2 Llc -- Angulo Ana Maria
Escobar Carlos H $639,000 Angulo Ana Maria
Netco Properties Llc $365,000 First Choice Title Services
Pardo Barbara -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Netco Properties Llc $388,000
Previous Owner Netco Properties Llc $363,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/13/2017 07/13/17 Sold $365,000 -6.4% $245 / Sq Ft
06/07/2017 06/07/17 Pending -- -- --
05/15/2017 05/15/17 Price Changed $390,000 -2.5% $261 / Sq Ft
02/27/2017 02/27/17 For Sale $399,900 -- $268 / 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 $12,713 $596,599 $497,250 $99,349
2024 $12,302 $596,636 $497,250 $99,386
2023 $12,302 $561,492 $468,000 $93,492
2022 $7,445 $321,361 $0 $0
2021 $6,967 $292,147 $263,250 $28,897
2020 $6,982 $292,162 $263,250 $28,912
2019 $6,997 $292,177 $263,250 $28,927
2018 $6,880 $292,192 $263,250 $28,942
2017 $6,253 $222,354 $0 $0
2016 $6,139 $202,140 $0 $0
2015 $5,990 $183,764 $0 $0
2014 $5,157 $167,059 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10240372

MIAMI REALTORS® MLS

APN: 01-4116-009-0860