NOT LISTED FOR SALE

Estimated Value: $627,000 - $778,000

5 Beds
3 Baths
2,121 Sq Ft
$327/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $375,000 $177 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,494/month

37 Days on Market

Highlights

  • Guest House
  • Garden View
  • No HOA
  • Coral Gables Senior High School Rated A-
  • Sun or Florida Room
  • Circular Driveway

About This Home

As of June 2021

This 2,133 sq ft with tons of potential won't last. Home features a total of 5 bedrooms and 3 full bathrooms. Main house is a 2/1 with a large kitchen and family room. The door in family room leads to another 2/1 apt w/ small kitchen . Property also features a separate 1/1 efficiency .This home has the potential of being a large 4/2 home with split floor plan by simply removing the door or a home that can produce added income. Location Location ... In the heart of Miami Near airport, shopping & multiple entertainment venues. This home is a blank canvas to make your own. Don't wait, won't last.

Last Agent to Sell the Property

Elizabeth Groeneveld

Cohen & Company License #3249799 Listed on: 04/27/2021

Last Buyer's Agent

Elizabeth Groeneveld

Cohen & Company License #3249799 Listed on: 04/27/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,371

Year Built

  • Built in 1948

Lot Details

  • 7,020 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Split Level Home
  • Studio
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,121 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Sun or Florida Room
  • Ceramic Tile Flooring
  • Garden Views
  • Fire and Smoke Detector
  • Electric Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Circular Driveway
  • Open Parking

Additional Features

  • Guest House
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Durham Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-05-008-1890

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,371

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story, Split Level
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: DURHAM TERRACE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Family Room, Florida Room, Studio Apartment
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 2121
  • Possible Use: Investment
  • Bedroom Features: At Least 1 Bedroom Ground Level, Other
  • Living Room Features: Family Room, Florida Room, Guest House, Studio Apartment

Exterior Features

  • Roof: Barrel Roof
  • View: Garden
  • Exterior Features: Fruit Trees
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Guest House
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: DURHAM TERRACE
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-05-008-1890
  • Lot Size Sq Ft: 7020
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7371

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2021
Closed on
Jun 21, 2021
Sold by
Castro Tania Margarita
Bought by
Areces Ramiro and Areces Barbara
Seller's Agent
Elizabeth Groeneveld
Cohen & Company
Buyer's Agent
Elizabeth Groeneveld
Cohen & Company
List Price
$475,000
Sold Price
$375,000
Premium/Discount to List
-$100,000
-21.05%
Current Estimated Value
$693,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,218
Avg. Annual Appreciation
15.17%

Purchase Details

Closed on
Apr 13, 2019
Sold by
Castro Gabriel A and Castro Gabriel
Bought by
Castro Gabriel A and Castro Gabriel

Purchase Details

Closed on
Jul 19, 2010
Sold by
Castro Gabriel A and Castro Sylvia
Bought by
Castro Gabriel and Castro Gabriel A
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
Areces Ramiro $375,000 Attorney
Castro Gabriel A -- Attorney
Castro Gabriel -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2021 06/22/21 Sold $375,000 -16.7% $177 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
05/06/2021 05/06/21 Price Changed $450,000 -5.3% $212 / Sq Ft
04/26/2021 04/26/21 For Sale $475,000 -- $224 / 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 $10,158 $488,194 -- --
2024 $9,366 $443,813 -- --
2023 $9,366 $403,467 $0 $0
2022 $8,321 $366,789 $238,945 $127,844
2021 $6,533 $313,460 $182,723 $130,737
2020 $7,371 $310,407 $179,209 $131,198
2019 $1,697 $145,695 $0 $0
2018 $1,626 $142,979 $0 $0
2017 $1,637 $140,039 $0 $0
2016 $1,656 $137,159 $0 $0
2015 $1,683 $136,206 $0 $0
2014 $1,716 $135,125 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11033457

MIAMI REALTORS® MLS

APN: 01-4105-008-1890