NOT LISTED FOR SALE

Estimated Value: $804,467 - $920,000

2 Beds
2 Baths
1,385 Sq Ft
$615/Sq Ft Est. Value

Last Sold August 28, 2018

Last sale price $406,000 $293 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $5,211/month

34 Days on Market

Highlights

  • Above Ground Pool
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Coral Gables Senior High School Rated A-
  • Complete Impact Glass
  • Tile Flooring

About This Home

As of August 2018

Updated duplex in desirable location. 1/1 and 2/2 (or 1/1, 1/1 and studio). Both units have been updated. One was recently renovated and has new kitchen, quartz counter tops, stainless steel appliances, and porcelain floor that looks like wood. The second has a bonus room and bathroom that can be used as a studio. Both units have updated plumbing and electrical and new water heaters. Impact windows throughout. Recently tented. Spacious outside living area. Detached building currently used for storage. Excellent tenants. Property is in excellent condition.

Last Agent to Sell the Property

Edward Meneses

Alaez & Associates, Inc. License #3174513 Listed on: 06/22/2018

Co-Listed By

Lourdes Rivera

Alaez & Associates, Inc. License #3276072

Last Buyer's Agent

Freddy Fernandez

MMLS Assoc.-Inactive Member License #3334357

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,340

Year Built

  • Built in 1947

Lot Details

  • 6,055

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Barrel Roof Shape

Interior Spaces

  • 1,385 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Complete Impact Glass

Pool

  • Above Ground Pool

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units
  • South Bay Estates Condos
  • South Bay Estates Subdivision

Listing and Financial Details

  • Rent includes gardener, water
  • Assessor Parcel Number 01-41-16-023-1010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,340

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1947
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Co List Office Mls Id: ALAE01
  • Co List Office Phone: 786-621-0001
  • Directions: Between Coral Way and US1 off of 32nd Avenue
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: SOUTH BAY ESTATES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1385
  • Possible Use: Unknown/Withheld
  • Stories: 1
  • Window Features: Complete Impact Glass

Exterior Features

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

Garage/Parking

  • Park Building Name: SOUTH BAY ESTATES
  • Total Parking Spaces: 4

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-16-023-1010
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Water

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2340

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2018
Closed on
Aug 26, 2018
Sold by
Cabrera Zenaida and Cabrera Epifanio
Bought by
Torres Bienvenido A and Torres Juana
Seller's Agent
Edward Meneses
Alaez & Associates, Inc.
Buyer's Agent
Freddy Fernandez
MMLS Assoc.-Inactive Member
List Price
$453,000
Sold Price
$406,000
Premium/Discount to List
-$47,000
-10.38%
Current Estimated Value
$835,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$429,425
Avg. Annual Appreciation
10.57%
Original Mortgage
$304,500
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2012
Sold by
Aguad Yamil
Bought by
Rivera Lourdes B

Purchase Details

Closed on
Jan 8, 2007
Sold by
Cabrera Zenaida and Cabrera Epifanio
Bought by
Cabrera Zenaida and Rivera Lourdes B

Purchase Details

Closed on
Aug 5, 2004
Sold by
Cabrera Zenaida and Cabrera Epifanio
Bought by
Cabrera Zenaida and Rivera Lourdes B

Purchase Details

Closed on
Nov 26, 2003
Sold by
Cabrera Zenaida and Cabrera Epifanio
Bought by
Cabrera Zenaida and Rivera Lourdes B

Purchase Details

Closed on
Aug 24, 1994
Sold by
Kline Paul Escott and Kline Paul W
Bought by
Morales Jorge and Morales Elia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,400
Interest Rate
8.74%
Source: Public Records

Range of Values:

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Average Value
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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
Torres Bienvenido A $406,000 Attorney
Rivera Lourdes B -- Attorney
Cabrera Zenaida -- Premier Title Of South Fl
Cabrera Zenaida -- Premier Title Of South Fl
Cabrera Zenaida -- Premier Title Of S Florida
Morales Jorge $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Bienvenido A $312,000
Closed Torres Bienvenido A $304,500
Previous Owner Cabrera Zenaida $100,000
Previous Owner Cabrera Epifanio $196,000
Previous Owner Morales Jorge $97,000
Previous Owner Morales Jorge $71,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2018 08/28/18 Sold $406,000 -6.7% $293 / Sq Ft
07/16/2018 07/16/18 Price Changed $435,000 -3.3% $314 / Sq Ft
06/29/2018 06/29/18 Price Changed $449,900 -0.7% $325 / Sq Ft
06/18/2018 06/18/18 For Sale $453,000 -- $327 / 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 $7,648 $395,064 -- --
2024 $7,512 $379,751 -- --
2023 $7,512 $364,949 $0 $0
2022 $7,157 $351,138 $0 $0
2021 $7,050 $337,814 $0 $0
2020 $6,738 $322,309 $229,985 $92,324
2019 $6,472 $309,215 $223,959 $85,256
2018 $2,369 $118,781 $0 $0
2017 $2,340 $116,338 $0 $0
2016 $2,339 $113,946 $0 $0
2015 $2,355 $113,154 $0 $0
2014 $2,371 $112,256 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10488588

MIAMI REALTORS® MLS

APN: 01-4116-023-1010