NOT LISTED FOR SALE

Estimated Value: $768,000 - $882,000

2 Beds
2 Baths
3,111 Sq Ft
$260/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $925,000 $297 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $5,106/month

19 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Central Heating and Cooling System
  • Coral Gables Senior High School Rated A-

About This Home

As of July 2024

Rare triplex opportunity in central Miami area, close to downtown, the beaches, airport and Coral Gables, zoned for up to 9 units, presently 3 units, each is townhome style with living area and 1/2 bathroom downstairs and 2 bedrooms and 1 full bathroom upstairs. Each unit can be easily converted to 3 bedrooms. Each unit has washer and dryer and separate electric meter. Fully occupied on a month to month basis, great potential to increase rental income. Property is well maintained and seller is offering the possibility of seller financing.

Last Agent to Sell the Property

Daniel Cordero

EXP Realty LLC License #3395063 Listed on: 06/26/2024

Last Buyer's Agent

Israel Salabarria

IMS Consulting & Management License #0534171

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,643

Year Built

  • Built in 1975

Lot Details

  • 5,968

Parking

  • 4 Parking Spaces

Home Design

  • Triplex
  • Tar and Gravel Roof

Interior Spaces

  • 3,111 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3 Units
  • Parkers Chester Terr Condos
  • Parkers Chester Terr Subdivision

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 01-31-32-012-1020

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,643

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1975
  • Property Sub Type: Triplex
  • Architectural Style: Attached, Other
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Triplex
  • Subdivision Name: PARKERS CHESTER TERR
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor, Tile
  • Living Area: 3111
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Tar & Gravel Roof
  • Construction Type: Other
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PARKERS CHESTER TERR
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-32-012-1020
  • Zoning: 4600
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9643

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2022
Sold by
Palacios Angel and Ramirez Eva
Bought by
Ramirez Eva
Current Estimated Value
$808,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Outstanding Balance
$335,422
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$473,259

Purchase Details

Closed on
May 13, 2021
Sold by
Palacios Angel
Bought by
Palacios Angel and Ramirez Eva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,195
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2018
Sold by
Mosqueda Felix and Candela Gracia Elena
Bought by
Palacios Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2013
Sold by
Proebsting Phillip S and Reed Proebsting Mischella
Bought by
Mosqueda Felix and Candela Gracia Elena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2009
Sold by
Forum Real Estate Group Inc
Bought by
Proebsting Phillip S and Reed Mischella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,689
Interest Rate
5.01%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 16, 2009
Sold by
Iglesias Gabriel Gomez
Bought by
Forum R E Group Inc

Purchase Details

Closed on
Mar 14, 2005
Sold by
Iglesias Marian
Bought by
Iglesias Gabriel Gomez

Purchase Details

Closed on
Dec 14, 1994
Sold by
Berlanga Benito M and Berlanga Georgina A
Bought by
Berlanga Benito M and Berlanga Benito L

Purchase Details

Closed on
Sep 27, 1994
Sold by
Berlanga Benito M and Berlanga Georgina A
Bought by
Berlanga Benito M and Berlanga Georgina A
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
Ramirez Eva -- None Listed On Document
Palacios Angel $152,600 Attorney
Palacios Angel $420,000 Attorney
Mosqueda Felix $320,000 Attorney
Proebsting Phillip S $249,000 Edge Title Company Inc
Forum R E Group Inc $102,100 None Available
Iglesias Gabriel Gomez -- --
Berlanga Benito M -- --
Berlanga Benito M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Eva $359,000
Previous Owner Palacios Angel $305,195
Previous Owner Palacios Angel $336,000
Previous Owner Mosqueda Felix $256,000
Previous Owner Proebsting Phillip S $240,689
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2024 07/16/24 Sold $925,000 -2.6% $297 / Sq Ft
06/26/2024 06/26/24 For Sale $950,000 -- $305 / 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 $10,476 $619,891 -- --
2024 $9,326 $563,538 -- --
2023 $9,326 $512,308 $392,666 $119,642
2022 $4,432 $268,077 $0 $0
2021 $4,387 $260,269 $0 $0
2020 $4,337 $256,676 $0 $0
2019 $4,245 $250,906 $0 $0
2018 $4,116 $250,330 $0 $0
2017 $4,080 $245,182 $0 $0
2016 $4,054 $240,140 $0 $0
2015 $4,093 $238,471 $0 $0
2014 $4,438 $252,152 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11612084

MIAMI REALTORS® MLS

APN: 30-4108-024-0151