NOT LISTED FOR SALE

Estimated Value: $235,548 - $289,000

1 Bed
1 Bath
420 Sq Ft
$267/ mo HOA Fee

Last Sold March 20, 2019

Last sale price $192,500 $458 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,862/month

150 Days on Market

Highlights

  • Cooling Available
  • Heating Available
  • 2-minute walk to Marjory Stoneman Douglas Park
  • South Pointe Elementary School Rated 9+

About This Home

As of March 2019

1BED/1BATH/PARKING-Live in one of the most desirable locations South of Fifth, just one block to 3rd street beach. Boutique 12 unit building with 10 "first come first serve parking spaces." Modern hurricane windows and doors, renovated kitchen. New refrigerator, updated bathroom, & building exterior recently painted. Waking distance to numerous parks, dinning, night-life, shopping, and grocery store. Showing instructions in brokers remarks.

Last Agent to Sell the Property

Liv Muller

MMLS Assoc.-Inactive Member License #3150812 Listed on: 09/03/2018

Last Buyer's Agent

Denitza Petrova

MMLS Assoc.-Inactive Member License #3084761

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,777

Year Built

  • Built in 1965

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 420 Sq Ft Home
  • 2-Story Property
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-037-0030

Community Details

Overview

  • Rainbow Condo
  • Rainbow Condominium Subdivision

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,777

Year Built

Built in 1965

Lot Details

0 Sq Ft Lot

HOA Fees

$267 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: RAINBOW CONDOMINIUM
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 420
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: Other

Exterior Features

  • View: None
  • Exterior Features: None
  • Construction Type: Other
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RAINBOW CONDO
  • Parking Features: None

Utilities

  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 267
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-037-0030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2777

Multi Family

  • Maintenance Expense: 267

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2018
Closed on
Feb 19, 2019
Sold by
Karwas Piotr and Mcquade Karwas Brynn
Bought by
Halevan Timothy M
Seller's Agent
Liv Muller
MMLS Assoc.-Inactive Member
Buyer's Agent
Denitza Petrova
MMLS Assoc.-Inactive Member
List Price
$225,000
Sold Price
$192,500
Premium/Discount to List
-$32,500
-14.44%
Current Estimated Value
$265,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,887
Avg. Annual Appreciation
4.68%
Original Mortgage
$144,375
Outstanding Balance
$126,673
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$138,714

Purchase Details

Closed on
Dec 15, 2015
Sold by
Mcquade Karwas Brynn and Karwas Piotr
Bought by
Karwas Piotr and Karwas Brynn Mcquade

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 20, 2015
Closed on
Aug 21, 2015
Sold by
Douglas M Guinan Est Of
Bought by
Karwas Brynn Mcquade
Seller's Agent
Liv Muller
MMLS Assoc.-Inactive Member
Buyer's Agent
Michela Canali
MMLS Assoc.-Inactive Member
Sold Price
$1,300

Purchase Details

Closed on
May 26, 2006
Sold by
Blanchette Micheline
Bought by
Guinan Douglas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,200
Interest Rate
6.51%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 24, 1999
Sold by
Dade County Circuit Court
Bought by
Ocwen Financial Services Inc and Smith

Purchase Details

Closed on
Mar 25, 1994
Sold by
Leblond Charles A and Leblond Rose Ange
Bought by
Blanchette Micheline
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Halevan Timothy M $192,500 Nu World Title Of Sunset Llc
Karwas Piotr -- Attorney
Karwas Brynn Mcquade -- --
Guinan Douglas M $171,500 Attorney
Ocwen Financial Services Inc $100 --
Blanchette Micheline $22,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Halevan Timothy M $144,375
Previous Owner Karwas Piotr $126,000
Previous Owner Guinan Douglas M $137,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2019 03/20/19 Sold $192,500 -8.3% $458 / Sq Ft
11/19/2018 11/19/18 Price Changed $210,000 -4.5% $500 / Sq Ft
09/17/2018 09/17/18 Price Changed $220,000 -2.2% $524 / Sq Ft
09/03/2018 09/03/18 For Sale $225,000 0.0% $536 / Sq Ft
12/01/2017 12/01/17 Rented $1,400 0.0% --
10/23/2017 10/23/17 For Rent $1,400 +7.7% --
09/02/2017 09/02/17 Off Market $1,300 -- --
08/11/2017 08/11/17 For Rent $1,300 0.0% --
08/01/2015 08/01/15 Rented $1,300 -18.8% --
07/02/2015 07/02/15 Under Contract -- -- --
04/20/2015 04/20/15 For Rent $1,600 +33.3% --
07/07/2013 07/07/13 Rented $1,200 -11.1% --
07/07/2013 07/07/13 For Rent $1,350 -- --
Source: MIAMI REALTORS® MLS

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 $2,388 $173,167 -- --
2024 $2,310 $168,287 -- --
2023 $2,310 $163,386 $0 $0
2022 $2,206 $158,628 $0 $0
2021 $2,183 $154,008 $0 $0
2020 $2,192 $154,008 $0 $0
2019 $2,984 $154,008 $0 $0
2018 $2,742 $145,822 $0 $0
2017 $2,777 $145,822 $0 $0
2016 $2,833 $145,822 $0 $0
2015 $2,743 $103,551 $0 $0
2014 $2,074 $94,138 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10531489

MIAMI REALTORS® MLS

APN: 02-4203-037-0030

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