NOT LISTED FOR SALE

488 NW 165th Street Rd Unit B116 Miami, FL 33169

Biscayne Gardens East Neighborhood

Estimated Value: $154,000 - $159,000

2 Beds
2 Baths
1,036 Sq Ft
$826/mo HOA Fee

Last Sold February 15, 2024

Last sale price $142,000 $137 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,876/month

132 Days on Market

Highlights

  • Doorman
  • Private Guards
  • Garden View
  • Fitness Center
  • Clubhouse
  • Community Pool

About This Home

As of February 2024

Spacious and comfy 2 bedroom and 2 bathroom Condo with beautiful Garden Views. Located in the desired Montecarlo Condominiums, Gated Community with Security guard at Gate. Ideal for investors. Amenities include Controlled Access Fitness Center, Swimming Pool, Management on site. Close to shopping centers supermarkets, restaurants and just minutes away from major highways such as I-95, Palmetto Expressway and Turnpike. HOA Includes Water and Sewer.

Last Agent to Sell the Property

Luis Castillo

The Caspi Team Realty, Inc. License #3111788 Listed on: 09/08/2023

Last Buyer's Agent

Gustavo Gambino

Gambino Real Estate Corp. License #3096862

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,789

Year Built

  • Built in 1972

HOA Fees

  • $826 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,036 Sq Ft Home
  • Tile Flooring
  • Garden Views

Kitchen

  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Additional Features

  • Accessible Elevator Installed
  • Screened Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 30-21-13-037-1690

Community Details

Overview

  • Mid-Rise Condominium
  • Montecarlo Condo
  • Montecarlo Condo Subdivision
  • 6-Story Property

Amenities

  • Doorman
  • Trash Chute
  • Clubhouse
  • Billiard Room

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Private Guards
  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,789

Year Built

Built in 1972

Lot Details

0

HOA Fees

$826 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MONTECARLO CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Interior Amenities: Elevator, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1036
  • Possible Use: Unknown/Withheld
  • Stories: 6
  • Bedroom Features: Other

Exterior Features

  • View: Garden View
  • Exterior Features: Other, Screened Balcony
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: MONTECARLO CONDO
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Complex Fenced, Doorman, Private Guards

Condo/Co-op/Association

  • Association Fee: 826
  • Amenities: Basketball Court, Billiard Room, Clubhouse-Clubroom, Exercise Room, Pool, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 30-21-13-037-1690
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 1789

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Feb 16, 2024
Sold by
Luira Llc
Bought by
Exir Re Services Llc
Seller's Agent
Luis Castillo
The Caspi Team Realty, Inc.
Buyer's Agent
Gustavo Gambino
Gambino Real Estate Corp.
List Price
$220,000
Sold Price
$142,000
Premium/Discount to List
-$78,000
-35.45%
Total Days on Market
132
Views
192
Current Estimated Value
$156,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,118
Avg. Annual Appreciation
6.44%

Purchase Details

Closed on
Sep 22, 2023
Sold by
Abbott Rita Virginia
Bought by
Luira Llc

Purchase Details

Closed on
Oct 8, 2019
Sold by
Montecarlo B 116 Inc
Bought by
Abbott Rita

Purchase Details

Closed on
Jan 10, 2019
Sold by
Mora Victor
Bought by
Montecarlo B 116 Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 19, 2017
Sold by
Mark Thomas Really Holdings Llc
Bought by
Mora Victor

Purchase Details

Listed on
Sep 29, 2015
Closed on
Nov 12, 2015
Sold by
Scm Group Llc
Bought by
Mark Thomas Realty Llc
Seller's Agent
Sandra Rubio
Fortex Realty Inc
Buyer's Agent
Vanessa Correchel
Coldwell Banker Realty
List Price
$82,900
Sold Price
$78,000
Premium/Discount to List
-$4,900
-5.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%

Purchase Details

Listed on
Aug 15, 2013
Closed on
Oct 10, 2013
Sold by
Rubio Sandra
Bought by
Scm Group Llc
Seller's Agent
Florencia Becerra
Beachfront Realty Inc
Buyer's Agent
Sara Averbuch
MMLS Assoc.-Inactive Member
Sold Price
$1,100

Purchase Details

Listed on
Aug 15, 2013
Closed on
Jul 3, 2013
Sold by
Investquest Partners Inc
Bought by
Rubio Sandra
Seller's Agent
Florencia Becerra
Beachfront Realty Inc
Buyer's Agent
Sara Averbuch
MMLS Assoc.-Inactive Member
Sold Price
$1,100

Purchase Details

Closed on
Mar 27, 2013
Sold by
Nationstar Mortgage Llc
Bought by
Investquest Partners Inc

Purchase Details

Closed on
Mar 25, 2013
Sold by
Aurora Loan Services Llc
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Feb 5, 2013
Sold by
Wells Jeanette C
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
May 16, 2007
Sold by
Bhi Summerwinds Llc
Bought by
Wells Dwayne E and Wells Jeanette C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,490
Interest Rate
9.3%
Mortgage Type
Unknown
Source: Public Records

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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
Exir Re Services Llc $142,000 Ads Title
Luira Llc -- --
Abbott Rita $130,000 Nu World Title Llc
Montecarlo B 116 Inc $101,000 First International Title In
Mora Victor $92,000 First International Title In
Mark Thomas Realty Llc $78,000 Title Partners Of Fl Inc
Scm Group Llc -- Attorney
Rubio Sandra $69,000 Independent Title Of Fort La
Investquest Partners Inc $57,748 Attorney
Nationstar Mortgage Llc -- Attorney
Aurora Loan Services Llc $10,100 None Available
Wells Dwayne E $190,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Montecarlo B 116 Inc $51,000
Previous Owner Wells Dwayne E $190,490
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2024 02/15/24 Sold $142,000 -18.9% $137 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
11/06/2023 11/06/23 Price Changed $175,000 -18.6% $169 / Sq Ft
09/22/2023 09/22/23 Price Changed $215,000 -2.3% $208 / Sq Ft
09/08/2023 09/08/23 For Sale $220,000 +182.1% $212 / Sq Ft
11/06/2015 11/06/15 Sold $78,000 -5.9% $75 / Sq Ft
10/23/2015 10/23/15 Pending -- -- --
09/29/2015 09/29/15 For Sale $82,900 0.0% $80 / Sq Ft
08/15/2013 08/15/13 Rented $1,100 -4.3% --
08/15/2013 08/15/13 For Rent $1,150 -- --
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
2024 $2,106 $143,700 -- --
2023 $2,106 $110,405 $0 $0
2022 $1,789 $100,369 $0 $0
2021 $1,606 $91,245 $0 $0
2020 $1,534 $86,900 $0 $0
2019 $1,399 $79,000 $0 $0
2018 $1,259 $72,941 $0 $0
2017 $1,277 $72,941 $0 $0
2016 $1,186 $66,310 $0 $0
2015 $1,152 $60,786 $0 $0
2014 $1,031 $55,260 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11449437

MIAMI REALTORS® MLS

APN: 30-2113-037-1690