NOT LISTED FOR SALE

Estimated Value: $612,184 - $938,000

2 Beds
2 Baths
1,280 Sq Ft
$607/Sq Ft Est. Value

Last Sold July 16, 2013

Last sale price $175,000 $137 Per Sq Ft

Est. 344% increase in value since last sale

Current estimated payment $4,750/month

8 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Coral Gables Senior High School Rated A-
  • Terrazzo Flooring
  • 1-Story Property

About This Home

As of July 2013

Very well located duplex building located on a quiet street blocks from Coral Gables. Units in good condition. Rents can be significantly increased if updated prior to releasing. Units rented at $900/$800. Taxes are $2,790 and Insurance is $1,257. PROPERTY HAS RECEIVED MULTIPLE CASH OFFERS ABOVE ASKING PRICE. NO MORE SHOWINGS PLANNED. SELLER TO DECIDE FROM OFFERS RECEIVED AT NOON ON JUNE 13, 2O13.

Last Agent to Sell the Property

Gustavo Somoano

GSL Properties License #3069592 Listed on: 06/09/2013

Last Buyer's Agent

Gustavo Somoano

GSL Properties License #3069592 Listed on: 06/09/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,790

Year Built

  • Built in 1954

Lot Details

  • 4,792

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Community Details

  • No Home Owners Association
  • 4 Units
  • Silver Bluff Homesites Condos
  • Silver Bluff Homesites Subdivision

Listing and Financial Details

  • Rent includes gardener
  • Assessor Parcel Number 01-41-16-015-0420

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,790

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1954
  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: SILVER BLUFF HOMESITES
  • Year Built Details: Resale
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 1280
  • Possible Use: Investment
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: SILVER BLUFF HOMESITES
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-16-015-0420
  • Zoning: 57/GENER
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2790

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2013
Closed on
Jul 15, 2013
Sold by
Serrales Picciano Dora Ann
Bought by
Direct Business International Inc
Seller's Agent
Gustavo Somoano
GSL Properties
Buyer's Agent
Gustavo Somoano
GSL Properties
List Price
$175,000
Sold Price
$175,000
Total Days on Market
8
Current Estimated Value
$776,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$601,546
Avg. Annual Appreciation
13.31%

Purchase Details

Closed on
Oct 3, 2002
Sold by
Dora A Serralles I
Bought by
Alayon Miguel
Source: Public Records

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Range of Values:

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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
Direct Business International Inc $175,000 Attorney
Alayon Miguel $65,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2013 07/16/13 Sold $175,000 0.0% $137 / Sq Ft
06/14/2013 06/14/13 Pending -- -- --
06/06/2013 06/06/13 For Sale $175,000 -- $137 / 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
2024 $7,551 $333,084 -- --
2023 $7,551 $302,804 $0 $0
2022 $6,665 $275,277 $0 $0
2021 $6,156 $250,252 $0 $0
2020 $5,745 $247,147 $182,347 $64,800
2019 $5,430 $242,551 $177,682 $64,869
2018 $5,032 $237,565 $172,627 $64,938
2017 $4,581 $170,927 $0 $0
2016 $4,357 $155,389 $0 $0
2015 $4,124 $141,263 $0 $0
2014 $3,672 $128,421 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1798537

MIAMI REALTORS® MLS

APN: 01-4116-015-0420