NOT LISTED FOR SALE

Estimated Value: $948,000 - $1,502,000

5 Beds
3 Baths
2,668 Sq Ft
$429/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $815,000 $305 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $7,349/month

121 Days on Market

Highlights

  • No HOA
  • Patio
  • Central Heating and Cooling System
  • Coral Gables Senior High School Rated A-
  • Tile Flooring
  • 3-minute walk to Douglas Park

About This Home

As of July 2022

Great income opportunity! Spacious duplex just one block from Coral Gables. One side offers 3-Bedroom, 2-Baths with Laundry room and the second unit 2-Bedroom, 2-Bath. This is a great, central area with rents rising fast. Not many properties like this one on the market. Well maintained and with off street parking for up to 5 cars.

Last Agent to Sell the Property

Belinda Sime

Sime Realty Corporation License #0636344 Listed on: 03/08/2022

Last Buyer's Agent

Hector Malpartida

First Service Realty ERA License #0645656

First Service Realty ERA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,986

Year Built

  • Built in 1978

Lot Details

  • 5,489

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,668 Sq Ft Home
  • 1-Story Property
  • Casement Windows

Flooring

  • Tile
  • Terrazzo

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Douglas Manor Condos
  • Douglas Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-17-002-0380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,986

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1978
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: DOUGLAS MANOR
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Terrazzo, Tile
  • Living Area: 2668
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Casement

Exterior Features

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

Garage/Parking

  • Park Building Name: DOUGLAS MANOR
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-17-002-0380
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8986

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2022
Closed on
Jun 16, 2022
Sold by
Bevis David L
Bought by
Challenge Investments Llc
Seller's Agent
Belinda Sime
Sime Realty Corporation
Buyer's Agent
Hector Malpartida
First Service Realty ERA
List Price
$848,000
Sold Price
$815,000
Premium/Discount to List
-$33,000
-3.89%
Current Estimated Value
$1,144,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,373
Avg. Annual Appreciation
10.94%
Original Mortgage
$300,000
Outstanding Balance
$285,025
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$859,348

Purchase Details

Closed on
Mar 23, 2012
Sold by
Bevis David L
Bought by
Bevis David L and Whitney Nancy Ellen

Purchase Details

Closed on
Dec 16, 2011
Sold by
Bevis David L
Bought by
Bevis David L and Whitney Nancy Ellen

Purchase Details

Closed on
Aug 20, 2003
Sold by
Ordaz Norberta
Bought by
Bevis David L

Purchase Details

Closed on
Sep 18, 2002
Sold by
Dariush Mahtabfar M and Dariush Mahnaz Mahtabfar
Bought by
Ordaz Norberta
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
Challenge Investments Llc $815,000 Coronado Title
Bevis David L -- Attorney
Bevis David L -- Attorney
Bevis David L $305,000 --
Ordaz Norberta $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Challenge Investments Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2022 07/08/22 Sold $815,000 -3.9% $305 / Sq Ft
03/08/2022 03/08/22 For Sale $848,000 -- $318 / 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 $15,373 $772,219 $440,000 $332,219
2024 $14,106 $714,186 -- --
2023 $14,106 $649,260 $308,000 $341,260
2022 $10,220 $425,901 $0 $0
2021 $8,986 $387,183 $181,500 $205,683
2020 $9,041 $388,795 $181,500 $207,295
2019 $9,085 $390,407 $181,500 $208,907
2018 $8,436 $392,019 $181,500 $210,519
2017 $7,584 $322,131 $0 $0
2016 $7,826 $323,742 $0 $0
2015 $7,699 $310,975 $0 $0
2014 $7,171 $282,705 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11171432

MIAMI REALTORS® MLS

APN: 01-4117-002-0380