NOT LISTED FOR SALE

388 NE 87th St El Portal, FL 33138

Estimated Value: $726,000 - $923,000

3 Beds
1 Bath
1,296 Sq Ft
$630/Sq Ft Est. Value

Last Sold August 31, 2016

Last sale price $395,000 $305 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $5,162/month

56 Days on Market

Highlights

  • Room in yard for a pool
  • Jetted Tub and Shower Combination in Primary Bathroom
  • Fireplace
  • Garden View
  • No HOA
  • 4-minute walk to Sherwood Forest Indian Park

About This Home

As of August 2016

Substantially updated 3 bedroom 1 bath 1930s home located in historic El Portal. Updates include new roof & air conditioning system in 2011, kitchen with brand new stainless steel appliances, granite counter tops. Spa-like bath features soaking tub with jets, one piece porcelain sink/counter top. Open floor plan with lots of natural light & high ceilings throughout. Fenced backyard offers room for pool and/or home expansion. Owner financing available.

Last Agent to Sell the Property

Bill Hodges

McB Realty Group LLC License #3019121 Listed on: 06/03/2016

Last Buyer's Agent

Zarko Draskovic

London Foster Realty License #3277860

London Foster Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,919

Year Built

  • Built in 1933

Lot Details

  • 4,730 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned RSF

Home Design

  • Substantially Remodeled
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,296 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Double Hung Metal Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Tile Flooring
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 1 Full Bathroom
  • Jetted Tub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Room in yard for a pool
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Sherwood Forest Subdivision

Listing and Financial Details

  • Assessor Parcel Number 18-32-07-049-0220

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,919

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1933
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: Biscayne Blvd to NE 87 Street, West to property on left.
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: Sherwood Forest
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Entrance Foyer, Split Bedroom, Other
  • Spa Yn: No
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1296
  • Possible Use: Unknown/Withheld
  • Window Features: Double Hung Metal
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen, Snack Bar/Counter
  • Living Room Features: Other
  • Master Bathroom Features: Combination Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Barrel Roof
  • View: Garden
  • Exterior Features: Lighting, Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Disclosures: Disclosure
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: Substantially Remodeled, Completely Renovated
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Sherwood Forest
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Owned Burglar Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 18-32-07-049-0220
  • Lot Size Sq Ft: 4730
  • Zoning: RSF
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 4919

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2021
Sold by
Bajevski Zivko and Bonilla Lorena K
Bought by
Elbaz Eric
Current Estimated Value
$816,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Outstanding Balance
$311,933
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$596,316

Purchase Details

Listed on
Jun 3, 2016
Closed on
Aug 31, 2016
Sold by
Regalands Properties Inc
Bought by
Bajevski Zivko
Seller's Agent
Bill Hodges
McB Realty Group LLC
Buyer's Agent
Zarko Draskovic
London Foster Realty
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%
Original Mortgage
$351,037
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 2010
Sold by
Hughes Danielle
Bought by
Regalands Properties Inc

Purchase Details

Closed on
Jan 26, 2006
Sold by
Hughes Raymond L
Bought by
Hughes Danielle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.19%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 4, 2003
Sold by
Chasser Justin
Bought by
Hughes Raymond

Purchase Details

Closed on
Jul 9, 1997
Sold by
Dorel and Martin Florient
Bought by
Chasser Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,279
Interest Rate
7.98%
Mortgage Type
Commercial
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
Elbaz Eric $430,000 Miami Title Group Inc
Bajevski Zivko $395,000 Stewart Title Company
Regalands Properties Inc $200,000 Attorney
Hughes Danielle $300,000 Attorney
Hughes Raymond $210,000 --
Chasser Justin $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elbaz Eric $344,000
Previous Owner Bajevski Zivko $13,573
Previous Owner Bajevski Zivko $351,037
Previous Owner Hughes Danielle $240,000
Previous Owner Chasser Justin $98,279
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2016 08/31/16 Sold $395,000 -1.0% $305 / Sq Ft
07/30/2016 07/30/16 Pending -- -- --
06/03/2016 06/03/16 For Sale $399,000 0.0% $308 / Sq Ft
10/02/2013 10/02/13 Rented $1,800 -10.0% --
10/02/2013 10/02/13 For Rent $2,000 -- --
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 $8,969 $425,061 -- --
2024 $8,728 $413,082 -- --
2023 $8,728 $401,051 $0 $0
2022 $8,553 $389,370 $250,421 $138,949
2021 $5,943 $271,934 $0 $0
2020 $5,821 $268,180 $0 $0
2019 $5,637 $262,151 $146,770 $115,381
2018 $6,713 $312,567 $192,791 $119,776
2017 $6,819 $314,010 $0 $0
2016 $6,725 $196,802 $0 $0
2015 $6,227 $178,911 $0 $0
2014 $4,919 $162,647 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bill Hodges

    Seller's Agent in 2016

    Bill Hodges

    McB Realty Group LLC

    (305) 987-7444

    28 Total Sales

    Bill Hodges
    Section Image

  • Z

    Buyer's Agent in 2016

    Zarko Draskovic

    London Foster Realty

    (305) 781-0612

    1 in this area

    21 Total Sales

    Zarko Draskovic
    Section Image
  • Dawn Wellman

    Seller's Agent in 2013

    Dawn Wellman

    DEW Realty, LLC

    (305) 297-0787

    2 in this area

    13 Total Sales

    Dawn Wellman
    Section Image

  • L

    Buyer's Agent in 2013

    Luis Gonzalez

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10093995

MIAMI REALTORS® MLS

APN: 18-3207-049-0220

Florida Miami/Dade County El Portal 33138

388 NE 87th St, El Portal, FL

This home is located at 388 NE 87th St, El Portal, FL 33138 since 03 June 2016 and is currently estimated at $816,506, approximately $630 per square foot. This property was built in 1933. 388 NE 87th St is a home located in Miami-Dade County with nearby schools including Miami Shores Elementary School, Horace Mann Middle School, and Miami Edison 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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