NOT LISTED FOR SALE

4808 NW 4th Terrace Miami, FL 33126

Flagami Neighborhood

Estimated Value: $521,545 - $868,000

2 Beds
2 Baths
1,042 Sq Ft
$632/Sq Ft Est. Value

Last Sold October 19, 2016

Last sale price $207,000 $199 Per Sq Ft

Est. 218% increase in value since last sale

Current estimated payment $4,138/month

4 Days on Market

Highlights

  • No HOA
  • Porch
  • Terrazzo Flooring
  • Coral Gables Senior High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • 2-minute walk to Charlie DeLucca Park (Kinloch Park)

About This Home

As of October 2016

Attention Investors! Central Miami Duplex featuring One Bedroom and One Bath on each side. Large lot offers opportunity for future expansion. Both units are currently rented month-to month. Close to major highways and employment centers including Airport, Downtown, Coral Gables and Central Miami. Located in HOT rental area with many renters seeking an affordable option. Call today - This property will be in high demand!

Last Agent to Sell the Property

Alan Magluta

Levine Realty, Inc. License #0477970 Listed on: 09/26/2016

Last Buyer's Agent

Alan Magluta

Levine Realty, Inc. License #0477970 Listed on: 09/26/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,766

Year Built

  • Built in 1957

Lot Details

  • 7,013

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,042 Sq Ft Home
  • 1-Story Property
  • Awning
  • Terrazzo Flooring

Utilities

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

Additional Features

  • Porch
  • Fenced

Community Details

  • No Home Owners Association
  • 2 Units
  • Flagler Grove Estates Ext Condos
  • Flagler Grove Estates Ext Subdivision

Listing and Financial Details

  • Rent includes sewer, trash collection, water
  • Assessor Parcel Number 01-41-06-018-3630

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,766

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1957
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Directions: From NW 7th Street or W. Flagler Street, take NW 47 Avenue to NW 4th Terrace then proceed west to property on your left
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: Flagler Grove Estates Ext
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 1042
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Awning

Exterior Features

  • Roof: Barrel Roof
  • Exterior Features: Fruit Trees
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Flagler Grove Estates Ext
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-06-018-3630
  • Zoning: R-2
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3766

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2016
Closed on
Oct 17, 2016
Sold by
Garcia Vivian
Bought by
Alvarez Armando F
Seller's Agent
Alan Magluta
Levine Realty, Inc.
Buyer's Agent
Alan Magluta
Levine Realty, Inc.
List Price
$249,000
Sold Price
$207,000
Premium/Discount to List
-$42,000
-16.87%
Current Estimated Value
$658,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$451,386
Avg. Annual Appreciation
13.67%

Purchase Details

Closed on
May 24, 2001
Sold by
Milagros Groupierre I
Bought by
Garcia Florentino and Garcia Vivian

Purchase Details

Closed on
May 23, 1997
Sold by
Alayon Elio and Alayon Dulce
Bought by
Alayon Elio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
8.17%
Mortgage Type
New Conventional
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
Alvarez Armando F $207,000 Hbg Title Company
Garcia Florentino $100 --
Garcia Florentino $74,000 --
Alayon Elio $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alayon Elio $54,391
Previous Owner Alayon Elio $80,000
Previous Owner Alayon Elio $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2016 10/19/16 Sold $207,000 -16.9% $199 / Sq Ft
09/30/2016 09/30/16 Pending -- -- --
09/26/2016 09/26/16 For Sale $249,000 -- $239 / 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 $8,096 $356,049 -- --
2024 $7,261 $323,681 -- --
2023 $7,261 $294,256 $0 $0
2022 $6,577 $267,506 $0 $0
2021 $5,667 $230,967 $160,942 $70,025
2020 $5,562 $231,075 $160,942 $70,133
2019 $5,081 $202,407 $132,998 $69,409
2018 $4,934 $199,283 $132,998 $66,285
2017 $4,688 $185,428 $0 $0
2016 $4,005 $140,762 $0 $0
2015 $3,766 $127,966 $0 $0
2014 $3,427 $116,333 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alan Magluta

    Seller's Agent in 2016

    Alan Magluta

    Levine Realty, Inc.

    (305) 609-9041

    2 in this area

    17 Total Sales

    Alan Magluta
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10154545

MIAMI REALTORS® MLS

APN: 01-4106-018-3630

Florida Miami/Dade County Miami 33126 Flagami

4808 NW 4th Terrace, Miami, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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