NOT LISTED FOR SALE

Estimated Value: $798,000 - $1,002,000

2 Beds
2 Baths
1,380 Sq Ft
$626/Sq Ft Est. Value

Last Sold April 12, 2019

Last sale price $380,000 $275 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $5,368/month

166 Days on Market

Highlights

  • Newly Remodeled
  • No HOA
  • Terrazzo Flooring
  • Coral Gables Senior High School Rated A-
  • Cooling Available
  • 2-minute walk to Elizabeth Virrick Park

About This Home

As of April 2019

Investor opportunity! Duplex in Central Grove, Steps from shops, restaurants and metro station. Prime location for REDEVELOPMENT. Pictures depict owner’s design of what can be developed on this lot and allowed by the City of Miami. In this design, you have two 3 bedrooms and 3.5 bathrooms townhomes with an area over 2,880 square feet each. Concept package of development and marketing brochure will be provided with the sale of the property, including architectural plans, elevations, and construction tabulation. Investors, you can see a return on your money in less than 12 months!

Last Agent to Sell the Property

Gretel Saladrigas

Florida Realty of Miami Corp License #3360897 Listed on: 10/22/2018

Florida Realty of Miami Corp

Last Buyer's Agent

Vanesa Gonzalez

MMLS Assoc.-Inactive Member License #3325032

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,148

Year Built

  • Built in 1958 | Newly Remodeled

Lot Details

  • 5,358

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Frame With Stucco
  • Flat Roof with Façade front

Interior Spaces

  • 1,380 Sq Ft Home
  • 1-Story Property

Flooring

  • Concrete
  • Terrazzo

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 3 Units
  • Mundy Sub Condos
  • Mundy Sub Subdivision

Listing and Financial Details

  • Rent includes hot water
  • Assessor Parcel Number 01-41-21-006-0060

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,148

Year Built

Built in 1958 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1958
  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: MUNDY SUB
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Concrete, Terrazzo
  • Living Area: 1380
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Flat Roof With Facade Front
  • Construction Type: Frame With Stucco
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MUNDY SUB
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-21-006-0060
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7148

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2018
Closed on
Apr 12, 2019
Sold by
Gonzalez Javier Cuevas
Bought by
Valladares Cristina and Santamaria Carlos Andres
Seller's Agent
Gretel Saladrigas
Florida Realty of Miami Corp
Buyer's Agent
Vanesa Gonzalez
MMLS Assoc.-Inactive Member
List Price
$480,000
Sold Price
$380,000
Premium/Discount to List
-$100,000
-20.83%
Current Estimated Value
$863,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,584
Avg. Annual Appreciation
13.35%
Original Mortgage
$304,000
Outstanding Balance
$267,270
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$596,314

Purchase Details

Listed on
Sep 30, 2016
Closed on
Nov 28, 2016
Sold by
Brooks Jonathon N and Brooks Christine C
Bought by
Gonzalez Javier Cuevas
Seller's Agent
Moises Tacle
Fajer International Realty, LLC.
Buyer's Agent
Gretel Saladrigas
Florida Realty of Miami Corp
List Price
$380,000
Sold Price
$360,000
Premium/Discount to List
-$20,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.29%
Original Mortgage
$270,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2003
Sold by
Gordon Karen
Bought by
Brooks Jonathon N and Brooks Christine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.98%

Purchase Details

Closed on
Feb 10, 1995
Sold by
Glazebrook Robert E and Glazebrook Donna
Bought by
Gordon Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
9.14%
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
Valladares Cristina $380,000 Stewart Title Company
Gonzalez Javier Cuevas $270,000 Sharp Title Solutions Of Flo
Brooks Jonathon N $117,500 --
Gordon Karen $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valladares Cristina $304,000
Previous Owner Gonzalez Javier Cuevas $270,000
Previous Owner Brooks Jonathon N $75,000
Previous Owner Gordon Karen $35,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/12/2019 04/12/19 Sold $380,000 -5.0% $275 / Sq Ft
04/05/2019 04/05/19 Pending -- -- --
02/08/2019 02/08/19 Price Changed $400,000 -16.7% $290 / Sq Ft
10/21/2018 10/21/18 For Sale $480,000 +33.3% $348 / Sq Ft
11/20/2016 11/20/16 Sold $360,000 -5.3% $275 / Sq Ft View Prior Sale
11/10/2016 11/10/16 Pending -- -- --
09/26/2016 09/26/16 For Sale $380,000 -- $291 / 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 $9,909 $443,407 $374,500 $68,907
2024 $9,627 $404,033 -- --
2023 $9,627 $367,303 $0 $0
2022 $7,977 $333,912 $0 $0
2021 $7,210 $303,557 $251,450 $52,107
2020 $7,225 $303,557 $251,450 $52,107
2019 $7,516 $316,493 $251,450 $65,043
2018 $7,389 $316,493 $251,450 $65,043
2017 $7,148 $301,550 $0 $0
2016 $3,762 $84,861 $0 $0
2015 $3,321 $77,147 $0 $0
2014 $3,284 $70,134 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10558437

MIAMI REALTORS® MLS

APN: 01-4121-006-0060