NOT LISTED FOR SALE

Estimated Value: $498,000 - $931,000

4 Beds
2 Baths
1,536 Sq Ft
$414/Sq Ft Est. Value

Last Sold June 19, 2014

Last sale price $150,000 $98 Per Sq Ft

Est. 324% increase in value since last sale

Current estimated payment $3,954/month

46 Days on Market

Highlights

  • No HOA
  • Porch
  • Central Heating and Cooling System
  • George W. Carver Elementary School Rated A
  • Tile Flooring
  • 4-minute walk to Esther Mae Armbrister Park

About This Home

As of June 2014

Excellent investment opportunity for Two Separate 2/1 Duplexes in the heart of West Coconut Grove for the price of 1! 3837-3841 Thomas Ave. Nice picket fence out front, shared yard. Long term tenant paying below market rent. Across from a school, quiet st reet, plenty of room to expand. Ceiling fans in the rooms, Washer hook ups outside but no dryer hookup. Wall/Win A/C in both homes. Priced below market value for the right buyer who wants a great piece of property in a low inventory area!

Last Agent to Sell the Property

Marc Middleton

MMLS Assoc.-Inactive Member License #3256129 Listed on: 04/12/2014

Last Buyer's Agent

Carrie Foote

MMLS Assoc.-Inactive Member License #3222233

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,213

Year Built

  • Built in 1935

Lot Details

  • 3,485

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,536 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Flooring

  • Carpet
  • Tile

Utilities

  • Central Heating and Cooling System
  • Satellite Dish

Additional Features

  • Porch
  • Property is zoned 57/GENER

Community Details

  • No Home Owners Association
  • St Albans Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-20-007-0680

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,213

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1935
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Directions: US-1 TO SW 37TH/DOUGLAS AVE AND GO SOUTH. MAKE A RIGHT ON THOMAS, HOUSE IS ON THE RIGHT. VACANT UNIT IS THE LEFT SIDE UNIT. DO NOT DISTURB OR SPEAK WITH TENANT
  • Horses: No
  • Inclusions: None
  • 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: Carpet, Tile
  • Living Area: 1536
  • Other Equipment: Satellite Dish
  • Possible Use: Investment
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: ST ALBANS PARK

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), 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: 01-41-20-007-0680
  • Zoning: 57/GENER
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 2213

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2014
Closed on
Jun 17, 2014
Sold by
Saracino Mark
Bought by
3837 Thomas Llc
Seller's Agent
Marc Middleton
MMLS Assoc.-Inactive Member
Buyer's Agent
Carrie Foote
MMLS Assoc.-Inactive Member
List Price
$197,500
Sold Price
$150,000
Premium/Discount to List
-$47,500
-24.05%
Current Estimated Value
$635,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$485,676
Avg. Annual Appreciation
13.56%
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
3837 Thomas Llc $150,000 Pinecrest Premier Title Llc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2014 06/19/14 Sold $150,000 -24.1% $98 / Sq Ft
05/27/2014 05/27/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $197,500 -- $129 / 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 $7,335 $304,476 -- --
2024 $7,003 $276,797 -- --
2023 $7,003 $251,634 $0 $0
2022 $5,965 $228,759 $0 $0
2021 $5,329 $207,963 $0 $0
2020 $4,954 $212,576 $140,000 $72,576
2019 $4,724 $213,152 $140,000 $73,152
2018 $4,172 $176,978 $103,250 $73,728
2017 $3,920 $142,043 $0 $0
2016 $3,578 $129,130 $0 $0
2015 $3,411 $119,206 $0 $0
2014 $2,286 $53,240 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1934987

MIAMI REALTORS® MLS

APN: 01-4120-007-0680