NOT LISTED FOR SALE

Estimated Value: $506,000 - $721,000

2 Beds
1 Bath
1,120 Sq Ft
$530/Sq Ft Est. Value

Last Sold October 13, 2020

Last sale price $210,000 $188 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $3,983/month

7 Days on Market

Highlights

  • Garden View
  • Cooling Available
  • Central Heating
  • No HOA
  • 1-Story Property
  • East Facing Home

About This Home

As of October 2020

INVESTOR DREAM! RARE OPPORTUNITY TO FIND! PROPERTY FOR SALE AS PACKAGE. OWNER HAS 2 PROPERTIES UNDER THE SAME COMPANY. NEEDS TO SELL BOTH PROPERTIES TO THE SAME BUYER DUE TO POSSIBLE VIOLATIONS WITH THE CITY OF MIAMI. THIS PROPERTY IS OCCUPIED BY OWNERS FRIEND. NO RENTAL INCOME. HOUSE IS SECURED.


THE OTHER ADDRESS IS 1489 NW 40 ST MIAMI, FL.
THIS OTHER PROPERTY IS VACANT.

Last Agent to Sell the Property

Francis Hawley

Fortune International Realty License #3327034 Listed on: 07/07/2020

Fortune International Realty

Last Buyer's Agent

Francis Hawley

Fortune International Realty License #3327034 Listed on: 07/07/2020

Fortune International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,913

Year Built

  • Built in 1938

Lot Details

  • 5,018 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned 0104

Parking

  • 1 Carport Space

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Garden Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association
  • Columbia Park Corr Pl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-24-019-0900

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,913

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1938
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: COLUMBIA PARK CORR PL
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • 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: 1120
  • Possible Use: Investment
  • Bedroom Features: Entry Level
  • Living Room Features: Other

Exterior Features

  • Roof: Other
  • View: Garden
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: COLUMBIA PARK CORR PL
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: Other

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-24-019-0900
  • Lot Size Sq Ft: 5018
  • Zoning: 0104
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 3913

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2020
Closed on
Oct 12, 2020
Sold by
Paracas Holdings Llc
Bought by
Mr & Nr Investments Llc
Seller's Agent
Francis Hawley
Fortune International Realty
Buyer's Agent
Francis Hawley
Fortune International Realty
List Price
$285,000
Sold Price
$210,000
Premium/Discount to List
-$75,000
-26.32%
Current Estimated Value
$645,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,302
Avg. Annual Appreciation
22.63%

Purchase Details

Closed on
Aug 6, 2017
Sold by
Mencio Carmen
Bought by
Paracas Holdings Llc

Purchase Details

Closed on
Apr 29, 2016
Sold by
Ortiz Rafael and Quilles Evelyn
Bought by
Mencio Carmen

Purchase Details

Closed on
Mar 7, 1994
Sold by
Berkell and Rafferty Berkell Rafferty
Bought by
Ortiz Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,425
Interest Rate
6.97%
Mortgage Type
FHA
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
Mr & Nr Investments Llc $210,000 Attorney
Paracas Holdings Llc -- None Available
Mencio Carmen $140,000 Liberty Title Ins Agency Llc
Ortiz Rafael $45,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ortiz Rafael $45,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2020 10/13/20 Sold $210,000 -26.3% $188 / Sq Ft
07/14/2020 07/14/20 Pending -- -- --
07/07/2020 07/07/20 For Sale $285,000 -- $254 / 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 $7,053 $319,940 -- --
2024 $6,516 $290,855 -- --
2023 $6,516 $264,414 $0 $0
2022 $5,641 $240,377 $0 $0
2021 $4,806 $208,322 $170,539 $37,783
2020 $4,370 $197,734 $159,907 $37,827
2019 $3,913 $165,525 $127,653 $37,872
2018 $3,561 $151,892 $113,976 $37,916
2017 $3,148 $130,672 $0 $0
2016 $762 $42,502 $0 $0
2015 $763 $42,207 $0 $0
2014 $763 $41,873 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10888724

MIAMI REALTORS® MLS

APN: 01-3124-019-0900