NOT LISTED FOR SALE

3161 NW 29th St Miami, FL 33142

Melrose Heights Neighborhood

Estimated Value: $662,000 - $854,000

5 Beds
3 Baths
2,920 Sq Ft
$251/Sq Ft Est. Value

Sale Details

Date Sold: September 16, 2022

Last sale price $645,000 $221 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,907 / mo

121 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Ceramic Tile Flooring

About This Home

As of September 2022

Exceptional opportunity for investment, centrally located. Great duplex in very good conditions. Property consists of 2 units and 2 efficiencies. Unit 1 is a 2/1 with laundry - totally remodeled in 2017. Unit 2 is a 3/2 with new A/C and in good condition. Both efficiencies are a 1/1 and have a new roof and tile flooring, separate meters. month Combined they are currently generating a total of $4,800.00 a of rental income. Lots of parking space. Porch, patio and driveway. Please do not disturb tenants! Do not miss this opportunity!The property has an income of almost $5,000 Monthly and with the possibility of increasing it in the coming months, since two of the tenants have their lease expire.

Last Agent to Sell the Property

Ernesto Bistuer

Canvas Real Estate Brokerage Email: info@canvasre.com License #3381075 Listed on: 05/17/2022

Canvas Real Estate

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,890

Year Built

  • Built in 1973

Lot Details

  • 6,882

Parking

  • 8 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,920 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Melrose Heights Sec 3 Condos
  • Melrose Heights Sec 3 Subdivision

Listing and Financial Details

  • Rent includes gardener, water
  • Assessor Parcel Number 30-31-28-011-2881

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,890

Year Built

Built in 1973

Lot Details

6,882 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1973
  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: MELROSE HEIGHTS SEC 3
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: info@canvasre.com
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 2920
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MELROSE HEIGHTS SEC 3
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: 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: 30-31-28-011-2881
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Water

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 6890

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Sep 15, 2022
Sold by
Bought by
Seller's Agent
Ernesto Bistuer
Canvas Real Estate
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$650,000
Sold Price
$645,000
Premium/Discount to List
-$5,000
-0.77%
Views
5
Current Estimated Value
$731,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,971
Avg. Annual Appreciation
3.32%
Original Mortgage
$599,053
Interest Rate
0.0522%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 12, 2019
Closed on
Jun 25, 2019
Sold by
Bought by
Seller's Agent
Yda Ramos
United Real Estate Miami
Buyer's Agent
Ernesto Bistuer
Canvas Real Estate
List Price
$550,000
Sold Price
$450,000
Premium/Discount to List
-$100,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.79%

Purchase Details

Listed on
Mar 2, 2017
Closed on
Mar 31, 2017
Sold by
Bought by
Seller's Agent
Maria Angueira
Miami New Realty
Buyer's Agent
Jacqueline Rodriguez
Rejoice Realty Group, Inc.
List Price
$400,000
Sold Price
$375,000
Premium/Discount to List
-$25,000
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%

Purchase Details

Listed on
Jan 25, 2013
Closed on
Mar 6, 2013
Sold by
Bought by
Seller's Agent
Nancy Yialouris
Y Group Realty
Buyer's Agent
Julio Cotera
Cotera Realty
List Price
$124,630
Sold Price
$131,000
Premium/Discount to List
$6,370
5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.82%

Purchase Details

Closed on
Jan 23, 2013
Sold by
Bought by

Purchase Details

Closed on
May 22, 2012
Sold by
Bought by

Purchase Details

Closed on
Nov 20, 2000
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$645,000 Nautica Title Usa
$450,000 Stewart Title Company
$375,000 Trident Title
$131,000 Fidelity Natl Title Fl Inc
-- First American
$130,200 None Available
$180,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $599,053
Previous Owner $161,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2022 09/16/22 Sold $645,000 -0.8% $221 / Sq Ft
05/17/2022 05/17/22 For Sale $650,000 +44.4% $223 / Sq Ft
06/26/2019 06/26/19 Sold $450,000 -8.2% $154 / Sq Ft View Prior Sale
05/27/2019 05/27/19 Pending -- -- --
04/22/2019 04/22/19 Price Changed $490,000 -10.9% $168 / Sq Ft
02/12/2019 02/12/19 For Sale $550,000 +46.7% $188 / Sq Ft
04/04/2017 04/04/17 Sold $375,000 -6.3% $128 / Sq Ft View Prior Sale
03/02/2017 03/02/17 For Sale $400,000 +205.3% $137 / Sq Ft
03/25/2013 03/25/13 Sold $131,000 +5.1% $47 / Sq Ft View Prior Sale
02/12/2013 02/12/13 Pending -- -- --
01/25/2013 01/25/13 For Sale $124,630 -- $45 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $11,029 $567,864 $255,300 $312,564
2024 $10,138 $567,725 $248,278 $319,447
2023 $10,138 $529,379 $207,070 $322,309
2022 $7,996 $392,547 $0 $0
2021 $7,267 $356,861 $138,047 $218,814
2020 $6,890 $334,594 $113,837 $220,757
2019 $6,147 $291,722 $69,023 $222,699
2018 $6,209 $305,060 $69,023 $236,037
2017 $4,758 $192,140 $0 $0
2016 $4,282 $174,673 $0 $0
2015 $4,181 $158,794 $0 $0
2014 $3,587 $144,359 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Ernesto Bistuer

    Canvas Real Estate

    (786) 532-6883

    1 in this area

    28 Total Sales

    Ernesto Bistuer
    Section Image

  • N

    Buyer's Agent in 2022

    NON-MLS MEMBER

    MAR NON MLS MEMBER

  • Yda Ramos

    Seller's Agent in 2019

    Yda Ramos

    United Real Estate Miami

    (305) 877-0673

    22 Total Sales

    Yda Ramos
    Section Image
  • Maria Angueira

    Seller's Agent in 2017

    Maria Angueira

    Miami New Realty

    (786) 326-7840

    2 Total Sales

    Maria Angueira
    Section Image

  • J

    Buyer's Agent in 2017

    Jacqueline Rodriguez

    Rejoice Realty Group, Inc.

    Section Image
  • Nancy Yialouris

    Seller's Agent in 2013

    Nancy Yialouris

    Y Group Realty

    (800) 386-2830

    46 Total Sales

    Nancy Yialouris
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11205647

MIAMI REALTORS® MLS

APN: 30-3128-011-2881

Florida Miami/Dade County Miami 33142 Melrose Heights

3161 NW 29th St, Miami, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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