NOT LISTED FOR SALE

Estimated Value: $490,000 - $931,000

4 Beds
2 Baths
1,092 Sq Ft
$658/Sq Ft Est. Value

Last Sold March 31, 2022

Last sale price $659,000 $603 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,574/month

21 Days on Market

Highlights

  • No HOA
  • High Impact Windows
  • Tile Flooring
  • George W. Carver Elementary School Rated A
  • Patio
  • 4-minute walk to Esther Mae Armbrister Park

About This Home

As of March 2022

Remodeled Duplex in Coconut Grove! Property was built in 1957 with concrete slab/stucco finish. New box gable roof installed in 2017 & new impact windows installed in 2019, all with permits. The building has (2) units, 2 Bed/1 Bath, averaging about 550 sq. ft. each. Both units have been renovated with new kitchens, new baths, new flooring, fixtures and appliances. Each is SEPARATELY METERED FOR WATER & FPL. Parking for 4 cars + Patio. Walking distance to parks, public transportation and one of the best schools, George Washington Carver. Minutes from Metro Station and walking distance to new Coco Walk! Property is also with in close proximity to UM, Coral Gables & Brickell.

Last Agent to Sell the Property

David Fermoselle

Eleventrust LLC License #3306806 Listed on: 01/13/2022

Last Buyer's Agent

Kathrin Rein

Keller Williams Miami Beach License #3249771

Keller Williams Miami Beach

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,726

Year Built

  • Built in 1957

Lot Details

  • 3,485

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,092 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Tile Flooring
  • High Impact Windows

Outdoor Features

  • Patio
  • Exterior Lighting

Additional Features

  • Energy-Efficient Windows
  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $36,000
  • Rent includes gardener, trash collection
  • Assessor Parcel Number 01-41-20-007-0630

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • St Albans Park Condos
  • St Albans Park Subdivision

Building Details

  • Net Operating Income $27,776

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,726

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1957
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Co List Office Phone: 305-751-0899
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: ST ALBANS PARK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Other, Tile
  • Living Area: 1092
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Clear Impact Glass, Blinds, High Impact Windows

Exterior Features

  • Roof: Other
  • Exterior Features: Exterior Lights
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • 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: ST ALBANS PARK
  • Total Parking Spaces: 4

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: 01-41-20-007-0630
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: Windows

Rental Info

  • Rent Includes: Gardener, Trash Collection

Multi Family

  • Net Operating Income: 27776
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Total Actual Rent: 36000

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5726

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2018
Closed on
May 8, 2018
Sold by
Aguilar Investments Solutions Llc
Bought by
Fermoselle David and Fermoselle Rafael
Seller's Agent
Sharif Bula
Eleventrust LLC
Buyer's Agent
David Fermoselle
Eleventrust LLC
List Price
$360,000
Sold Price
$295,000
Premium/Discount to List
-$65,000
-18.06%
Current Estimated Value
$718,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,602
Avg. Annual Appreciation
12.64%
Original Mortgage
$289,656
Outstanding Balance
$255,386
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$463,216

Purchase Details

Closed on
May 31, 2017
Sold by
Aguilar Carlos H and Aguilar Carlos H
Bought by
Aguilar Investment Solutions Llc

Purchase Details

Closed on
Apr 25, 2016
Sold by
Aguilar Carlos Enrique
Bought by
3820 Washington Ave Florida Land Trust

Purchase Details

Closed on
Jan 29, 2003
Sold by
Miami Management Group Inc
Bought by
Aguilar Carlos Enrique
Source: Public Records

Range of Values:

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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
Fermoselle David $295,000 Title America A Law Firm
Aguilar Investment Solutions Llc $25,000 Attorney
3820 Washington Ave Florida Land Trust -- Attorney
Aguilar Carlos Enrique -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fermoselle David $289,656
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2022 03/31/22 Sold $659,000 0.0% $603 / Sq Ft
02/03/2022 02/03/22 Pending -- -- --
01/13/2022 01/13/22 For Sale $659,000 +123.4% $603 / Sq Ft
05/09/2018 05/09/18 Sold $295,000 -18.1% $270 / Sq Ft View Prior Sale
03/21/2018 03/21/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $360,000 0.0% $330 / Sq Ft
01/19/2018 01/19/18 Pending -- -- --
01/10/2018 01/10/18 For Sale $360,000 -- $330 / 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 $9,524 $435,593 $280,000 $155,593
2024 $10,511 $437,478 $280,000 $157,478
2023 $10,511 $474,364 $315,000 $159,364
2022 $6,771 $269,503 $0 $0
2021 $5,965 $245,003 $157,500 $87,503
2020 $5,620 $228,166 $140,000 $88,166
2019 $5,645 $228,828 $140,000 $88,828
2018 $4,160 $162,339 $103,250 $59,089
2017 $3,903 $148,369 $0 $0
2016 $2,955 $94,101 $0 $0
2015 $2,791 $85,547 $0 $0
2014 $2,524 $77,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11146034

MIAMI REALTORS® MLS

APN: 01-4120-007-0630