NOT LISTED FOR SALE

3540 NW 207th St Miami Gardens, FL 33056

Riverdale Neighborhood

Estimated Value: $601,087 - $728,000

5 Beds
4 Baths
2,677 Sq Ft
$246/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $390,000 $146 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $4,472/month

8 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1-Story Property
  • Ceramic Tile Flooring
  • Heating Available

About This Home

As of January 2021

This incredible income generating investment was recently remodeled, with an incredible ROI of 11.72%. All maintenance costs are kept to a minimum since its totally updated. The property is very spacious, 5 bedrooms and 4 bedrooms with lots of natural light. Property has fantastic finishes with easy maintenance porcelain tile, wood cabinets, granite countertops, laundry room, living room and family room, new A / C units. Duplex 3/2 and 2/2 with large patio, the layout of the property allows to convert the 3/2 into a 2/1 and a studio so property becomes three units. Schedule your appointment as soon as possible, ideal for investors looking for an excellent return on investment.

Last Agent to Sell the Property

Jesus Vargas

Real Estate Sales Force License #3339670 Listed on: 09/21/2020

Real Estate Sales Force

Co-Listed By

Roberto Castillo

Century 21 World Connection License #3153694

Last Buyer's Agent

Osvel Jimenez

MMLS Assoc.-Inactive Member License #3457805

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,344

Year Built

  • Built in 1962

Lot Details

  • 7,710

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Substantially Remodeled
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,677 Sq Ft Home
  • 1-Story Property

Flooring

  • Ceramic Tile
  • Vinyl

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • 3 Units
  • Riverdale Ests Addn Sec 1 Condos
  • Riverdale Ests Addn Sec 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 34-11-33-009-0040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,344

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1962
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Co List Office Mls Id: REWO01
  • Co List Office Phone: 786-900-0155
  • Directions: Please use GPS
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: RIVERDALE ESTS ADDN SEC 1
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor, Vinyl
  • Living Area: 2677
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RIVERDALE ESTS ADDN SEC 1
  • Total Parking Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 34-11-33-009-0040
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7344

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Jan 28, 2021
Sold by
Farvar Llc
Bought by
Palomo Fernando E and Alvarez Carmen
Seller's Agent
Jesus Vargas
Real Estate Sales Force
Buyer's Agent
Osvel Jimenez
MMLS Assoc.-Inactive Member
List Price
$440,000
Sold Price
$390,000
Premium/Discount to List
-$50,000
-11.36%
Current Estimated Value
$683,887

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$293,887
Avg. Annual Appreciation
14.33%
Original Mortgage
$376,983
Outstanding Balance
$338,139
Interest Rate
2.6%
Mortgage Type
FHA
Estimated Equity
$379,050

Purchase Details

Listed on
Mar 19, 2018
Closed on
Aug 10, 2018
Sold by
Twelve12 Global Llc
Bought by
Farvar Llc
Seller's Agent
Donna Barrett
Keller Williams Realty SW
List Price
$245,000
Sold Price
$230,577
Premium/Discount to List
-$14,423
-5.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.71%
Original Mortgage
$227,000
Interest Rate
4.5%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 6, 2014
Sold by
Bank Of America Na
Bought by
Secretary Of Hud

Purchase Details

Closed on
Sep 24, 2014
Sold by
Reddick Joe
Bought by
Bank Of America Na
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
Palomo Fernando E $390,000 Coral Gables T&E Llc
Farvar Llc $265,000 Title Now Llc
Twelve12 Global Llc $230,600 Title Now Llc
Secretary Of Hud -- Attorney
Bank Of America Na $115,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palomo Fernando E $26,517
Open Palomo Fernando E $376,983
Previous Owner Farvar Llc $251,000
Previous Owner Farvar Llc $227,000
Previous Owner Reddick Patricia $279,632
Previous Owner Reddick Joe $248,000
Previous Owner Reddick Joe $198,750
Previous Owner Reddick Joe $152,000
Previous Owner Reddrick Joe $114,000
Previous Owner Reddrick Joe $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $390,000 -11.4% $146 / Sq Ft
09/20/2020 09/20/20 For Sale $440,000 +90.8% $164 / Sq Ft
08/10/2018 08/10/18 Sold $230,577 -5.9% $89 / Sq Ft
07/11/2018 07/11/18 Pending -- -- --
03/19/2018 03/19/18 For Sale $245,000 -- $95 / 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 $10,118 $475,501 -- --
2024 $9,563 $456,186 -- --
2023 $9,563 $435,351 $136,800 $298,551
2022 $10,028 $414,207 $123,336 $290,871
2021 $7,551 $297,383 $86,597 $210,786
2020 $7,304 $285,550 $72,820 $212,730
2019 $7,344 $287,493 $72,820 $214,673
2018 $6,406 $268,444 $51,827 $216,617
2017 $6,086 $223,627 $0 $0
2016 $5,465 $203,298 $0 $0
2015 $5,048 $184,817 $0 $0
2014 $3,132 $146,424 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jesus Vargas

    Real Estate Sales Force

    (786) 900-0155

    1 in this area

    34 Total Sales

    Section Image
  • Roberto Castillo

    Seller Co-Listing Agent in 2021

    Roberto Castillo

    Century 21 World Connection

    (786) 900-0155

    1 in this area

    123 Total Sales

    Section Image

  • O

    Buyer's Agent in 2021

    Osvel Jimenez

    MMLS Assoc.-Inactive Member

    Section Image
  • Donna Barrett

    Seller's Agent in 2018

    Donna Barrett

    Keller Williams Realty SW

    (954) 391-9779

    26 Total Sales

    Section Image

  • P

    Seller Co-Listing Agent in 2018

    Philip Barrett

    Inactive member

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10926942

MIAMI REALTORS® MLS

APN: 34-1133-009-0040

Florida Miami/Dade County Miami Gardens 33056 Riverdale

3540 NW 207th St, Miami Gardens, FL

This home is located at 3540 NW 207th St, Miami Gardens, FL 33056 since 21 September 2020 and is currently estimated at $658,022, approximately $245 per square foot. This property was built in 1962. 3540 NW 207th St is a home located in Miami-Dade County with nearby schools including North County K-8 Center, Lake Stevens Middle School, and Miami Carol City Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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