NOT LISTED FOR SALE

Estimated Value: $272,626 - $561,000

2 Beds
2 Baths
936 Sq Ft
$394/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $163,500 $175 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $2,379/month

47 Days on Market

Highlights

  • No HOA
  • Central Air
  • 1-Story Property
  • Ceramic Tile Flooring
  • Heating Available
  • 5-minute walk to Foster Park

About This Home

As of February 2020

NICE DUPLEX WITH CENTRAL A/C & HUGE FENCED YARD. RENTS ARE LOWER THAN MARKET VALUE DUE TO LONG TERM TENANTS WHO ARE ON A MONTH TO MONTH BASIS. 2 SEPERATE WATER METERS. EXTERIOR OF BUILDING JUST PROFESSIONALLY PAINTED. MINUTES TO I95, HARD ROCK CASINO, BEACHES.

Last Agent to Sell the Property

Angelo Magliarisi

Zeff Realty LLC, License #0546957 Listed on: 10/06/2019

Last Buyer's Agent

Angelo Magliarisi

Zeff Realty LLC, License #0546957 Listed on: 10/06/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,888

Year Built

  • Built in 1962

Lot Details

  • 7,710

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Geo M Phippens Sub Condos
  • Geo M Phippens Sub,Geo M Phippens Subdivision, 1Bed/1Bath Duplex Floorplan

Listing and Financial Details

  • Rent includes trash collection, water
  • Assessor Parcel Number 514222040380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,888

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1962
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Directions: EAST OF I95, SOUTH OF PEMBROKE ROAD
  • Horses: No
  • Master Model: 1BED/1BATH DUPLEX
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: GEO M PHIPPENS SUB,GEO M PHIPPENS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Possible Use: Investment
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: GEO M PHIPPENS SUB
  • Total Parking Spaces: 6

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514222040380
  • Zoning: RES INCOME
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2888

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2019
Closed on
Feb 28, 2020
Sold by
Capital Homes And Investments Inc
Bought by
Bhm 412 Llc
Seller's Agent
Angelo Magliarisi
Zeff Realty LLC,
Buyer's Agent
Angelo Magliarisi
Zeff Realty LLC,
List Price
$229,900
Sold Price
$163,500
Premium/Discount to List
-$66,400
-28.88%
Current Estimated Value
$369,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,657
Avg. Annual Appreciation
14.37%

Purchase Details

Closed on
Apr 4, 2008
Sold by
Homestead Real Estate Investment Llc
Bought by
Capital Homes & Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
6.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 1, 2008
Sold by
Avelo Mortgage Llc
Bought by
Homestead Real Estate Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,500
Interest Rate
6.22%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 12, 2007
Sold by
Ford Deborah
Bought by
Avelo Mortgage Llc

Purchase Details

Closed on
Mar 21, 2007
Sold by
Ford Deborah
Bought by
Mortgage Lenders Network Usa Inc

Purchase Details

Closed on
May 31, 2006
Sold by
Maylor Jasseen
Bought by
Ford Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
8.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 22, 2004
Sold by
Saunders Pete W and Saunders Mary
Bought by
Saunders Pete W and Saunders Gale
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
Bhm 412 Llc $163,500 Title Guaranty Of South Fl I
Capital Homes & Investments Inc $82,000 Florida International Title
Homestead Real Estate Investment Llc $75,000 New House Title Llc
Avelo Mortgage Llc -- None Available
Mortgage Lenders Network Usa Inc -- None Available
Ford Deborah $270,000 Turnkey Title Corporation
Saunders Pete W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Capital Homes & Investments Inc $100,000
Previous Owner Homestead Real Estate Investment Llc $77,500
Previous Owner Ford Deborah $216,000
Previous Owner Ford Deborah $54,000
Previous Owner Maylor Jasseen $116,000
Previous Owner Maylor Jasseen $29,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $163,500 -22.1% $175 / Sq Ft
11/02/2019 11/02/19 Price Changed $209,900 -8.7% $224 / Sq Ft
10/06/2019 10/06/19 For Sale $229,900 -- $246 / 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 $4,590 $204,950 -- --
2024 $4,364 $186,320 $46,300 $140,020
2023 $4,364 $176,270 $46,300 $129,970
2022 $4,075 $161,780 $0 $0
2021 $3,552 $147,080 $46,300 $100,780
2020 $3,351 $136,700 $46,300 $90,400
2019 $3,151 $126,320 $46,300 $80,020
2018 $2,888 $123,730 $46,300 $77,430
2017 $2,485 $108,460 $0 $0
2016 $2,336 $98,600 $0 $0
2015 $2,120 $89,640 $0 $0
2014 $1,892 $82,370 $0 $0
2013 -- $78,050 $46,300 $31,750
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10751891

MIAMI REALTORS® MLS

APN: 51-42-22-04-0380