NOT LISTED FOR SALE

4240 NW 2nd Terrace Miami, FL 33126

Flagami Neighborhood

Estimated Value: $428,000 - $624,000

2 Beds
1 Bath
1,135 Sq Ft
$469/Sq Ft Est. Value

Last Sold August 27, 2024

Last sale price $505,000 $445 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,992/month

10 Days on Market

Highlights

  • No HOA
  • Efficiency Studio
  • Views
  • Coral Gables Senior High School Rated A-
  • Complete Panel Shutters or Awnings
  • 1-Story Property

About This Home

As of August 2024

Introducing a fantastic opportunity in The Magic City! This centrally located home, just minutes from the airport and Downtown Coral Gables, offers convenience and potential. Boasting 2 bedrooms and 1 bathroom, plus a separate studio unit ideal for both living and investment purposes. Situated on a large lot zoned for duplexes, there's ample room for expansion or development. Don't miss your chance to own this versatile property with endless possibilities!

Last Agent to Sell the Property

Oscar Arellano

Coldwell Banker Realty License #3060275 Listed on: 06/10/2024

Coldwell Banker Realty

Co-Listed By

Alex Hanuszkiewicz

Coldwell Banker Realty License #0688028

Last Buyer's Agent

Carla Patio

Tsalach Real Estate License #3495977

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,257

Year Built

  • Built in 1941

Lot Details

  • 6,750 Sq Ft Lot
  • East Facing Home
  • Property is zoned 5700

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,135 Sq Ft Home
  • 1-Story Property
  • Efficiency Studio
  • Complete Panel Shutters or Awnings
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Open Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Beckman Manors Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-05-013-0181

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,257

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1941
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Co List Office Mls Id: EWM 01
  • Co List Office Phone: 305-960-2400
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: BECKMAN MANORS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_GuestHouseDescription: Efficiency
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1135
  • Possible Use: Unknown/Withheld
  • Window Features: Complete Panel Shutters/Awnings
  • Bedroom Features: Entry Level
  • Living Room Features: Other

Exterior Features

  • Roof: Other
  • View: Other
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: BECKMAN MANORS
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-05-013-0181
  • Lot Size Sq Ft: 6750
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2257

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2024
Closed on
Aug 26, 2024
Sold by
Gonzalo Elizabeth
Bought by
Centofanti Marcelo and Costa Lucy Andreina
Seller's Agent
Oscar Arellano
Coldwell Banker Realty
Buyer's Agent
Carla Patio
Tsalach Real Estate
List Price
$515,000
Sold Price
$505,000
Premium/Discount to List
-$10,000
-1.94%
Views
10
Current Estimated Value
$532,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,552
Avg. Annual Appreciation
4.65%
Original Mortgage
$404,000
Outstanding Balance
$399,719
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$132,833

Purchase Details

Closed on
Nov 13, 2000
Sold by
Joe and Anon Olga
Bought by
Gonzalo Elizabeth

Purchase Details

Closed on
Mar 15, 1996
Sold by
Pot Emily
Bought by
Anon Joe and Anon Olga
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
Centofanti Marcelo $505,000 Perland Title
Gonzalo Elizabeth $135,000 --
Anon Joe $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Centofanti Marcelo $404,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2024 08/27/24 Sold $505,000 -1.9% $445 / Sq Ft
06/21/2024 06/21/24 Pending -- -- --
06/10/2024 06/10/24 For Sale $515,000 -- $454 / 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 $2,291 $459,793 $351,000 $108,793
2024 $2,257 $137,174 -- --
2023 $2,257 $133,179 $0 $0
2022 $2,180 $129,300 $0 $0
2021 $2,020 $118,919 $0 $0
2020 $1,991 $117,278 $0 $0
2019 $1,939 $114,642 $0 $0
2018 $1,858 $112,505 $0 $0
2017 $1,830 $110,191 $0 $0
2016 $1,827 $107,925 $0 $0
2015 $1,842 $107,175 $0 $0
2014 $1,857 $106,325 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11595940

MIAMI REALTORS® MLS

APN: 01-4105-013-0181