Seller's Agent in 2022
Ricky Kallabat
Keller Williams Capital Realty
(321) 236-2568
3 in this area
114 Total Sales
434 NE 71st St Miami, FL 33138
Upper East Side North NeighborhoodEstimated Value: $555,771 - $989,000
4
Beds
2
Baths
1,674
Sq Ft
$492/Sq Ft
Est. Value
Highlights
- Newly Remodeled
- No HOA
- Cooling System Mounted To A Wall/Window
- Morningside K-8 Academy Rated 9+
- Impact Glass
- Shed
About This Home
As of February 2022TURN-KEY DUPLEX! AIRBNB OK. Great income opportunity-Ready to go! Rents are WAY below market, and with a little elbow grease, can be raised by at least 50%. Renovations include new roof 2016, impact windows 2012, plumbing, HWH, A/C, all done in 2019. Gated and secure, this recently renovated beauty offers potential to live in one and rent the other or use exclusively as income. Walking distance to all the fine dining and world-class shopping the Mimo District has to offer. Bright, natural-light-filled spaces, updated appliances, and covered parking. Please DO NOT DISTURB TENANTS. 2 parking spots inside the gate and plenty of street parking. 2 miles from Design District, Midtown, Edgewater and Wynwood! 15 minutes from the beach. Tenants are month to month paying a total of $3100 a month.
Last Agent to Sell the Property
Keller Williams Capital Realty License #3254287 Listed on: 01/03/2022
Co-Listed By
Eva Meade
MMLS Assoc.-Inactive Member License #3489118
Last Buyer's Agent
Keller Williams Capital Realty License #3254287 Listed on: 01/03/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,918
Year Built
- Built in 1960 | Newly Remodeled
Lot Details
- 5,097
Parking
- 2 Parking Spaces
Home Design
- Duplex
- Substantially Remodeled
- Tar and Gravel Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 1,674 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Blinds
- Ceramic Tile Flooring
Home Security
- Impact Glass
- High Impact Door
Outdoor Features
- Shed
Utilities
- Cooling System Mounted To A Wall/Window
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Total Actual Rent $36,900
- Rent includes gardener, sewer, trash collection
- Assessor Parcel Number 01-32-18-004-0720
Community Details
Overview
- No Home Owners Association
- 2 Units
- Baywood Condos
- Baywood Subdivision
Amenities
- Laundry Facilities
Building Details
- Operating Expense $9,350
- Net Operating Income $27,550
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 3, 2022
Closed on
Feb 18, 2022
Sold by
Melhado Pierre A
Bought by
434 Ne 71 Street Llc
Seller's Agent
Ricky Kallabat
Keller Williams Capital Realty
Buyer's Agent
Ricky Kallabat
Keller Williams Capital Realty
List Price
$550,000
Sold Price
$555,000
Premium/Discount to List
$5,000
0.91%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,302
Avg. Annual Appreciation
11.34%
Original Mortgage
$444,000
Outstanding Balance
$412,288
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$411,905
Purchase Details
Closed on
Aug 13, 2013
Sold by
Melhado Llc
Bought by
Melhado Pierre A
Purchase Details
Listed on
Jul 9, 2012
Closed on
Jul 25, 2012
Sold by
Wells Fargo Bank Na
Bought by
Melhado Llc
Seller's Agent
Edward Pichs
MMLS Assoc.-Inactive Member
Buyer's Agent
Edward Pichs
MMLS Assoc.-Inactive Member
List Price
$74,500
Sold Price
$99,378
Premium/Discount to List
$24,878
33.39%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.38%
Purchase Details
Closed on
Jan 23, 2012
Sold by
Moreno Hernan R
Bought by
Wells Fargo Bank Na
Purchase Details
Closed on
Sep 18, 2001
Sold by
Jose Escalona M and Jose Ana Escalona
Bought by
Moreno Hernan R
Purchase Details
Closed on
Aug 2, 1999
Sold by
Leoni Todd
Bought by
Escalona Jose and Escalona Ana
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 434 Ne 71 Street Llc | $555,000 | Herskowitz Shapiro Pllc | |
| Melhado Pierre A | $100 | -- | |
| Melhado Llc | $99,378 | Landcastle Title Llc | |
| Wells Fargo Bank Na | $103,000 | None Available | |
| Moreno Hernan R | $118,000 | -- | |
| Escalona Jose | $88,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 434 Ne 71 Street Llc | $444,000 | |
| Previous Owner | Escalona Jose | $98,250 | |
| Closed | Escalona Jose | $0 | |
| Closed | Escalona Jose | $13,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/22/2022 02/22/22 | Sold | $555,000 | +0.9% | $332 / Sq Ft | |
| 01/06/2022 01/06/22 | Pending | -- | -- | -- | |
| 01/03/2022 01/03/22 | For Sale | $550,000 | 0.0% | $329 / Sq Ft | |
| 02/22/2013 02/22/13 | Rented | $1,095 | -15.4% | -- | |
| 01/23/2013 01/23/13 | Under Contract | -- | -- | -- | |
| 10/26/2012 10/26/12 | For Rent | $1,295 | 0.0% | -- | |
| 08/17/2012 08/17/12 | Sold | $99,378 | +33.4% | $57 / Sq Ft | View Prior Sale |
| 07/23/2012 07/23/12 | Pending | -- | -- | -- | |
| 07/06/2012 07/06/12 | For Sale | $74,500 | -- | $43 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $10,151 | $515,644 | -- | -- |
| 2024 | $11,712 | $468,768 | $356,997 | $111,771 |
| 2023 | $11,712 | $471,540 | $366,197 | $105,343 |
| 2022 | $6,881 | $260,836 | $0 | $0 |
| 2021 | $6,438 | $237,124 | $0 | $0 |
| 2020 | $5,918 | $295,126 | $196,219 | $98,907 |
| 2019 | $5,526 | $277,430 | $178,499 | $98,931 |
| 2018 | $5,274 | $294,309 | $195,354 | $98,955 |
| 2017 | $4,675 | $161,960 | $0 | $0 |
| 2016 | $4,409 | $147,237 | $0 | $0 |
| 2015 | $4,197 | $133,852 | $0 | $0 |
| 2014 | $3,520 | $121,684 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Ricky Kallabat
-
E
Seller Co-Listing Agent in 2022
Eva Meade
MMLS Assoc.-Inactive Member
-
Luis Gomez
Seller's Agent in 2013
Luis Gomez
LG Realty Group Inc.
(305) 890-6226
23 Total Sales
-
E
Seller's Agent in 2012
Edward Pichs
MMLS Assoc.-Inactive Member
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11140519
APN: 01-3218-004-0720
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