NOT LISTED FOR SALE

3987 NW 163rd St Opa Locka, FL 33054

Palmetto Lakes Neighborhood

Estimated Value: $536,094 - $663,000

6 Beds
2 Baths
1,824 Sq Ft
$333/Sq Ft Est. Value

Last Sold May 08, 2013

Last sale price $77,000 $42 Per Sq Ft

Est. 688% increase in value since last sale

Current estimated payment $3,899/month

112 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring

About This Home

As of May 2013

Property per tax roll is a 2/1 Single Family Home. The Home has 2 electric meters and it currently consists of a 3/1 and another 3/1 with an additional 1/1 on the side of the home. The home will require a re-occupancy inspection from the City of Miami Gar dens. The buyer will need to sign a stipulation agreement along with an HHA in order to close. The property is being SOLD IN AS-IS, WHERE IS CONDITION. BUYER IS RESPONSIBLE FOR ANY AND ALL VIOLATIONS OR ALTERATIONS TO THE HOME.

Last Agent to Sell the Property

Eddie Blanco

Stratwell, LLC License #0658938 Listed on: 11/20/2012

Stratwell, LLC

Last Buyer's Agent

Isael Prieto

Able CRE License #3216944

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1956

Lot Details

  • 0.25

Parking

  • 8 Parking Spaces

Home Design

  • Duplex
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,824 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Additional Features

  • Lot Dimensions are 7500x145
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Venetian Gdns Acres Condos
  • Venetian Gdns Acres Subdivision

Listing and Financial Details

  • Assessor Parcel Number 34-21-17-003-0640

Property Details

Home Type

Multi-Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1956
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • Lot Size: 7500x145
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: VENETIAN GDNS ACRES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: 4116
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1824
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Barrel Roof
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: VENETIAN GDNS ACRES
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 34-21-17-003-0640
  • Zoning: 57/GENER
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 3070

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2012
Closed on
May 8, 2013
Sold by
Hsbc Bank Usa National Association
Bought by
Lorenzo Homes Inc
Seller's Agent
Eddie Blanco
Stratwell, LLC
Buyer's Agent
Isael Prieto
Able CRE
List Price
$81,900
Sold Price
$77,000
Premium/Discount to List
-$4,900
-5.98%
Current Estimated Value
$606,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$529,524
Avg. Annual Appreciation
18.39%

Purchase Details

Closed on
Aug 14, 2012
Sold by
Abreu Eduardo
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Sep 5, 2006
Sold by
Abreu Eduardo
Bought by
Gutierrez Ignacia Nelly and Abreu Francisca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,600
Interest Rate
8.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 31, 2006
Sold by
Crespo Roberto and Crespo Maria J
Bought by
Abreu Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,600
Interest Rate
8.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 9, 1999
Sold by
David Cynthia D
Bought by
Crespo Roberto and Crespo Maria J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,200
Interest Rate
7.66%
Mortgage Type
New Conventional
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
Lorenzo Homes Inc $77,000 Fidelity Natl Title Fl Inc
Hsbc Bank Usa National Association $60,100 None Available
Gutierrez Ignacia Nelly -- None Available
Abreu Eduardo $285,000 Miller Title & Escrow
Crespo Roberto $68,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abreu Eduardo $221,600
Previous Owner Crespo Roberto $61,000
Previous Owner Crespo Roberto $84,000
Previous Owner Crespo Roberto $61,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2013 05/08/13 Sold $77,000 -6.0% $42 / Sq Ft
03/12/2013 03/12/13 Pending -- -- --
11/20/2012 11/20/12 For Sale $81,900 -- $45 / 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 $7,143 $264,029 -- --
2024 $6,809 $240,027 -- --
2023 $6,809 $218,207 $0 $0
2022 $6,198 $198,370 $0 $0
2021 $5,129 $180,337 $0 $0
2020 $4,889 $226,183 $97,278 $128,905
2019 $4,695 $225,405 $97,278 $128,127
2018 $4,261 $210,307 $81,196 $129,111
2017 $3,884 $121,387 $0 $0
2016 $3,668 $110,352 $0 $0
2015 $3,683 $129,308 $0 $0
2014 -- $117,553 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Eddie Blanco

    Seller's Agent in 2013

    Eddie Blanco

    Stratwell, LLC

    (305) 684-8733

    637 Total Sales

    Eddie Blanco
    Section Image
  • Isael Prieto

    Buyer's Agent in 2013

    Isael Prieto

    Able CRE

    (305) 509-8530

    500 Total Sales

    Isael Prieto
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1716102

MIAMI REALTORS® MLS

APN: 34-2117-003-0640

Florida Miami/Dade County Opa-locka Palmetto Lakes

3987 NW 163rd St, Opa-locka, FL

This home is located at 3987 NW 163rd St, Opa Locka, FL 33054 since 20 November 2012 and is currently estimated at $606,524, approximately $332 per square foot. This property was built in 1956. 3987 NW 163rd St is a home located in Miami-Dade County with nearby schools including Carol City Elementary School, Carol City Middle School, and Hialeah-Miami Lakes 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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