NOT LISTED FOR SALE

Estimated Value: $597,000 - $864,000

3 Beds
2 Baths
1,841 Sq Ft
$386/Sq Ft Est. Value

Last Sold October 22, 2021

Last sale price $520,000 $282 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,793/month

149 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • No Heating

About This Home

As of October 2021

SELLER MOTIVATED Duplex Centrally located in Hialeah where there is a high demand for rental properties. **LEGAL DUPLEX with 2 WATER METERS & 2 ELECTRIC METERS** Both units are rented; enjoy instant income!! Front unit has 3 Bedrooms 1 Bathroom. Back Unit is 2 Bedrooms 2 Bathrooms with a large backyard. Duplex was completely updated 3 years ago with New Roof, Impact Windows, New Kitchen, New Bathrooms and New Flooring. Lot is 6,750 Sq Ft. Call for a showing do not disturb tenants.

Last Agent to Sell the Property

Annemarie Daruna

RD Realty Group, Inc. License #3232188 Listed on: 04/29/2021

Last Buyer's Agent

Maria Amaya

1 Flamingo Realty, LLC License #0698466

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,393

Year Built

  • Built in 1950

Lot Details

  • 6,752

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,841 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units
  • Town Of Hialeah 1 Addn Am Condos
  • Town Of Hialeah 1 Addn Am Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-31-18-003-4850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,393

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1950
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: TOWN OF HIALEAH 1 ADDN AM
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other, Tile
  • Living Area: 1841
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction, Other
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TOWN OF HIALEAH 1 ADDN AM
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, 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: 04-31-18-003-4850
  • Zoning: 5400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4393

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2021
Closed on
Oct 22, 2021
Sold by
Clos Luce 359 Llc
Bought by
Suarez Harnier and Martinez Mildreys
Seller's Agent
Annemarie Daruna
RD Realty Group, Inc.
Buyer's Agent
Maria Amaya
1 Flamingo Realty, LLC
List Price
$619,000
Sold Price
$520,000
Premium/Discount to List
-$99,000
-15.99%
Current Estimated Value
$709,907

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,907
Avg. Annual Appreciation
8.42%
Original Mortgage
$390,000
Outstanding Balance
$357,184
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$352,723

Purchase Details

Closed on
Oct 22, 2020
Sold by
Ruiz Alexander
Bought by
Clos Luce 359 Llc

Purchase Details

Closed on
Jun 6, 2019
Sold by
Horsebit Acquisitions Llc
Bought by
Ruiz Alexander

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$283,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 19, 2016
Closed on
May 2, 2016
Sold by
Cit Bank Na
Bought by
Horsebit Acquisitions Llc
Seller's Agent
Francisco Barranco
Archway Estates, Inc.
Buyer's Agent
Mayela Gonzalez
Epic Team Real Estate and Investments, LLC
List Price
$209,000
Sold Price
$180,000
Premium/Discount to List
-$29,000
-13.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.97%
Original Mortgage
$180,000
Interest Rate
18%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 19, 2015
Sold by
Benavides Ramon R
Bought by
Cit Bank Na

Purchase Details

Closed on
Sep 13, 2007
Sold by
Benavides Nora M and Fajardo Reinaldo
Bought by
Benavides Ramon R and Benavides Haydee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,480
Interest Rate
6.26%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 16, 2005
Sold by
Benavides Nora M and Martinez Maria
Bought by
Benavides Nora M and Martinez Maria

Purchase Details

Closed on
Dec 18, 2004
Sold by
Benavides Ramon R and Benavides Haydee
Bought by
Benavides Nora M and Martinez Maria
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
Suarez Harnier $520,000 Attorney
Clos Luce 359 Llc -- Accommodation
Ruiz Alexander -- Attorney
Horsebit Acquisitions Llc $180,000 Servicelink Llc
Cit Bank Na $151,100 None Available
Benavides Ramon R -- None Available
Benavides Nora M -- --
Benavides Nora M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suarez Harnier $390,000
Previous Owner Ruiz Alexander $283,500
Previous Owner Horsebit Acquisitions Llc $180,000
Previous Owner Benavides Ramon R $372,480
Previous Owner Benaviedes Ramon $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2021 10/22/21 Sold $520,000 -8.6% $282 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
08/20/2021 08/20/21 Price Changed $569,000 -4.2% $309 / Sq Ft
05/23/2021 05/23/21 Price Changed $594,000 -4.0% $323 / Sq Ft
04/29/2021 04/29/21 For Sale $619,000 +243.9% $336 / Sq Ft
05/25/2016 05/25/16 Sold $180,000 -13.9% $98 / Sq Ft
03/18/2016 03/18/16 Pending -- -- --
02/19/2016 02/19/16 For Sale $209,000 -- $114 / 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 $11,094 $573,738 $351,000 $222,738
2024 $9,646 $551,346 -- --
2023 $9,646 $501,224 $0 $0
2022 $8,547 $455,659 $168,284 $287,375
2021 $5,324 $276,229 $137,594 $138,635
2020 $4,393 $227,323 $88,234 $139,089
2019 $4,894 $252,587 $113,042 $139,545
2018 $4,615 $246,059 $113,042 $133,017
2017 $4,226 $220,406 $0 $0
2016 $3,774 $193,008 $0 $0
2015 $1,586 $148,713 $0 $0
2014 $1,609 $147,533 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11035049

MIAMI REALTORS® MLS

APN: 04-3118-003-4850