NOT LISTED FOR SALE

Estimated Value: $663,000 - $804,000

5 Beds
3 Baths
2,374 Sq Ft
$313/Sq Ft Est. Value

Last Sold November 23, 2021

Last sale price $480,000 $202 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,903/month

273 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • Fenced
  • No HOA
  • Ceiling Fan
  • 1-Story Property

About This Home

As of November 2021

great investment property DUPLEX 3 bedrooms 2 bath each plenty of parking please don't bother tenants
only cash offers please.** broker has ownership interest** MOTIVATED SELLER

rentals are 1900 each

Last Agent to Sell the Property

Samuel Morjain

Rainbow Real Estate Inc License #0688515 Listed on: 01/29/2021

Last Buyer's Agent

Samuel Morjain

Rainbow Real Estate Inc License #0688515 Listed on: 01/29/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,724

Year Built

  • Built in 1973

Lot Details

  • 7,449

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,374 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Terrazzo

Additional Features

  • Energy-Efficient HVAC
  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $45,600
  • Rent includes gardener, pest control
  • Assessor Parcel Number 04-31-18-003-5270

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Town Of Hialeah 1 Addn Am Condos
  • Town Of Hialeah 1 Addn Am Subdivision

Building Details

  • Net Operating Income $39,156

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,724

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1973
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: TOWN OF HIALEAH 1 ADDN AM
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo, Wood
  • Living Area: 2374
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot, 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TOWN OF HIALEAH 1 ADDN AM
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 04-31-18-003-5270
  • Zoning: 5400
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: HVAC

Rental Info

  • Rent Includes: Gardener, None, Pest Control

Multi Family

  • Net Operating Income: 39156
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Total Actual Rent: 45600

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5724

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2023
Sold by
Rd Discount Properties Llc
Bought by
Sanchez Rafael
Current Estimated Value
$742,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,000
Outstanding Balance
$402,849
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$340,037

Purchase Details

Listed on
Jan 29, 2021
Closed on
Nov 23, 2021
Sold by
Yako Morjain Revocable Trust
Bought by
Morjain 889 Llc
Seller's Agent
Samuel Morjain
Rainbow Real Estate Inc
Buyer's Agent
Samuel Morjain
Rainbow Real Estate Inc
List Price
$560,000
Sold Price
$480,000
Premium/Discount to List
-$80,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.27%
Original Mortgage
$396,750
Interest Rate
3.14%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sanchez Rafael -- Global Title
Morjain 889 Llc $1,000,000 Edgar A Benes Pa
Rd Discount Properties Llc $480,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Rafael $414,000
Previous Owner Rd Discount Properties Llc $396,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2021 11/23/21 Sold $480,000 -14.3% $202 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $560,000 0.0% $236 / Sq Ft
02/07/2019 02/07/19 Rented $1,900 0.0% --
02/03/2019 02/03/19 Price Changed $1,900 -2.6% $2 / Sq Ft
12/05/2018 12/05/18 For Rent $1,950 +18.2% --
09/30/2014 09/30/14 Rented $1,650 0.0% --
09/30/2014 09/30/14 For Rent $1,650 +3.1% --
08/22/2013 08/22/13 Rented $1,600 -5.9% --
07/23/2013 07/23/13 Under Contract -- -- --
06/19/2013 06/19/13 For Rent $1,700 +13.3% --
06/14/2012 06/14/12 Rented $1,500 0.0% --
06/14/2012 06/14/12 For Rent $1,500 -- --
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 $12,126 $563,024 $386,100 $176,924
2024 $8,723 $649,697 $451,020 $198,677
2023 $8,723 $447,811 $0 $0
2022 $7,637 $407,101 $180,048 $227,053
2021 $6,100 $316,467 $144,038 $172,429
2020 $5,724 $296,207 $122,376 $173,831
2019 $5,671 $317,864 $142,632 $175,232
2018 $5,171 $310,130 $142,632 $167,498
2017 $4,746 $229,752 $0 $0
2016 $4,339 $208,866 $0 $0
2015 $3,782 $189,879 $0 $0
2014 $3,813 $187,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10991408

MIAMI REALTORS® MLS

APN: 04-3118-003-5270