NOT LISTED FOR SALE

Estimated Value: $616,000 - $700,000

4 Beds
4 Baths
2,148 Sq Ft
$310/Sq Ft Est. Value

Last Sold March 12, 2012

Last sale price $97,000 $45 Per Sq Ft

Est. 587% increase in value since last sale

Current estimated payment $4,259/month

72 Days on Market

Highlights

  • Newly Remodeled
  • Concrete Block With Brick
  • Tile Flooring
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

About This Home

As of March 2012

BANK OWNED REO PROPERTY!!! CLOSE IMMEDIATELY!! GREAT INVESTMENT FULLY OCCUPIED 4-PLEX!! ALL UNITS APPEAR IN GOOD CONDITION AND FULLY OCCUPIED. NO EVIDENT ROOF LEAKS NOTED. LANDLORD PAYS ELECTRIC&WATER. WASHER/DRYER ON PREMISES. LOTS OF PARKING AND LARGE B ACKYARD. TENANTS AMICABLE.

Last Agent to Sell the Property

Igor Shrayev

GMA Realty License #3215332 Listed on: 12/26/2011

Last Buyer's Agent

Igor Shrayev

GMA Realty License #3215332 Listed on: 12/26/2011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1946 | Newly Remodeled

Lot Details

  • Lot Dimensions are 50x135

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Concrete Block With Brick

Interior Spaces

  • 2,148 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 4 Units
  • Hialeah 6Th Addn Condos
  • Hialeah 6Th Addn Subdivision

Listing and Financial Details

  • Total Actual Rent $2,700
  • Rent includes electricity, water
  • Assessor Parcel Number 04-31-08-007-0651

Property Details

Home Type

Multi-Family

Year Built

Built in 1946 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1946
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Horses: No
  • Lot Size: 50x135
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: HIALEAH 6TH ADDN
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: RealEstateOwned
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2148
  • Stories: 1

Exterior Features

  • Roof: Other
  • Construction Type: Concrete Block With Brick
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HIALEAH 6TH ADDN
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 04-31-08-007-0651
  • Zoning: 54/PLND
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Water

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 3090

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Total Actual Rent: 2700

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2011
Closed on
Mar 9, 2012
Sold by
Bank Reo Servicing Llc
Bought by
S E 20Th Street Llc
Seller's Agent
Igor Shrayev
GMA Realty
Buyer's Agent
Igor Shrayev
GMA Realty
List Price
$149,900
Sold Price
$97,000
Premium/Discount to List
-$52,900
-35.29%
Current Estimated Value
$666,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$569,440
Avg. Annual Appreciation
15.26%
Original Mortgage
$90,000
Interest Rate
15%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 8, 2011
Sold by
Chuy Fidel
Bought by
Bank Reo Servicing Llc

Purchase Details

Closed on
Jan 5, 1995
Sold by
Polito Berenice and Polito Salvador
Bought by
Chuy Fidel and Chuy Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,000
Interest Rate
9.2%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 9, 1993
Sold by
Gallardo Luis and Gallardo Leida
Bought by
Polito Berenice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,400
Interest Rate
6.97%
Mortgage Type
FHA
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
S E 20Th Street Llc $97,000 Titles Unlimited Inc
Bank Reo Servicing Llc $200 None Available
Chuy Fidel $83,900 --
Polito Berenice $70,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed S E 20Th Street Llc $90,000
Previous Owner Chuy Fidel $82,000
Previous Owner Polito Berenice $71,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2012 03/12/12 Sold $97,000 -35.3% $45 / Sq Ft
03/07/2012 03/07/12 Pending -- -- --
12/26/2011 12/26/11 For Sale $149,900 -- $70 / 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 $8,711 $459,971 -- --
2024 $7,411 $418,156 -- --
2023 $7,411 $380,142 $0 $0
2022 $6,785 $345,584 $0 $0
2021 $6,055 $314,168 $137,594 $176,574
2020 $5,864 $303,414 $134,269 $169,145
2019 $5,588 $298,602 $127,875 $170,727
2018 $5,154 $300,184 $127,875 $172,309
2017 $4,748 $233,470 $0 $0
2016 $4,166 $212,246 $0 $0
2015 $3,906 $192,951 $0 $0
2014 $3,572 $175,410 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1587222

MIAMI REALTORS® MLS

APN: 04-3108-007-0651