NOT LISTED FOR SALE

Estimated Value: $676,000 - $1,031,000

8 Beds
4 Baths
3,305 Sq Ft
$262/Sq Ft Est. Value

Last Sold May 12, 2016

Last sale price $312,600 $95 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $6,001/month

18 Days on Market

Highlights

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

About This Home

As of May 2016

Foreclosure! Four-plex with each unit a 2 bed/1 bath with living/dining room area and kitchen. Six parking spaces. Community laundry. Employees and family members residing with employees of JPMorgan Chase Bank, N.A, its affiliates or subsidiaries are strictly prohibited from directly or indirectly purchasing any property owned by JPMorgan Chase Bank, N.A. ALL HIGHEST & BEST OFFERS DUE NO LATER THAN 5pm, 4/4/16

Last Agent to Sell the Property

Michelle Daniels

MMLS Assoc.-Inactive Member License #566609M Listed on: 03/23/2016

Last Buyer's Agent

Gary Katz

Berger Realty Group Inc License #0633720

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,207

Year Built

  • Built in 1968

Lot Details

  • 9,104

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Shingle Roof

Interior Spaces

  • 3,305 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Prospect Gardens 22 26 B Condos
  • Prospect Gardens 22 26 B,Prospect Gardens Subdivision

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 494222081120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,207

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1968
  • Property Sub Type: Quadruplex
  • Architectural Style: Detached
  • Directions: From I-95 take Commercial Blvd (East) to N. Andrews Ave (South) to NW 42 St (West) to property on your right.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: Prospect Gardens 22-26 B,Prospect Gardens
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: 4116
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 3305
  • 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: Prospect Gardens 22-26 B
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 494222081120
  • Zoning: RM-16
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 6207

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2016
Closed on
Apr 27, 2016
Sold by
Wilmington Trust Na
Bought by
Jorgensen Eric
Seller's Agent
Michelle Daniels
MMLS Assoc.-Inactive Member
Buyer's Agent
Gary Katz
Berger Realty Group Inc
Sold Price
$312,600
Current Estimated Value
$866,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$553,400
Avg. Annual Appreciation
12.35%

Purchase Details

Closed on
Dec 15, 2015
Sold by
Verret Leon Louis
Bought by
Wilmington Trust National Association and Citibank Na

Purchase Details

Closed on
Mar 31, 2006
Sold by
Charlton Olivia Y
Bought by
Verret Leon Louis and Verret Marie Lenie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
7.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2001
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Nov 1, 1992
Sold by
Available Not
Bought by
Available Not
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
Jorgensen Eric $312,600 None Available
Wilmington Trust National Association -- None Available
Verret Leon Louis $450,000 Fidelity National Title Ins
Available Not $140,000 --
Available Not $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Verret Leon Louis $292,500
Previous Owner Verret Leon Louis $90,000
Previous Owner Charlton Olivia Y $284,750
Previous Owner Charlton Olivia Y $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2016 05/12/16 Sold $312,600 -- $95 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
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 $16,649 $644,440 -- --
2024 $14,924 $644,440 -- --
2023 $14,924 $532,600 $0 $0
2022 $13,698 $484,190 $0 $0
2021 $12,390 $440,180 $0 $0
2020 $10,283 $400,170 $63,700 $336,470
2019 $9,852 $384,290 $63,700 $320,590
2018 $9,366 $377,070 $63,700 $313,370
2017 $8,764 $331,810 $0 $0
2016 $7,993 $288,650 $0 $0
2015 $6,207 $175,300 $0 $0
2014 $5,827 $159,370 $0 $0
2013 -- $153,400 $63,700 $89,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10054928

MIAMI REALTORS® MLS

APN: 49-42-22-08-1120