NOT LISTED FOR SALE

500 Sharar Ave Opa Locka, FL 33054

Estimated Value: $454,000 - $520,000

3 Beds
1 Bath
1,392 Sq Ft
$341/Sq Ft Est. Value

Last Sold December 20, 2023

Last sale price $400,000 $287 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,167/month

34 Days on Market

Highlights

  • Garden View
  • No HOA
  • Bathtub
  • Attic
  • Closet Cabinetry
  • Storage Room

About This Home

As of December 2023

Welcome to a single-family gem that promises not only a comfortable living space but also an outstanding investment potential. Situated in the heart of Opa-locka, enjoy easy access to restaurants, schools, parks, stores, universities, and so much more, providing unparalleled convenience for potential tenants or homeowners.
This property offers the rare advantage of no Homeowners Association, providing flexibility and cost savings for investors. The property boasts unlimited parking space and it features recent upgrades such as
a 5-year-old roof, NEW AC (2021), & a new water heater! Don't miss the chance to seize this excellent investment opportunity in Opa-locka!

Last Agent to Sell the Property

Kevin Gomez

Realty One Group Royal Oaks License #3519209 Listed on: 11/15/2023

Realty One Group Royal Oaks

Last Buyer's Agent

Maria Coronel

Related ISG Realty, LLC. License #3512754

Related ISG Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,885

Year Built

  • Built in 1952

Lot Details

  • 7,920 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,392 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Storage Room
  • Tile Flooring
  • Garden Views
  • Dishwasher
  • Attic

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • 1 Full Bathroom
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Parking

  • 2 Attached Carport Spaces
  • Driveway
  • Paver Block
  • Open Parking

Additional Features

  • Handicap Accessible
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Opa Locka 2Nd Rev Pl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-21-21-004-1510

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,885

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Carport Y N: Yes
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: OPA LOCKA 2ND REV PL
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Handicap Accessible, Other, Attic, Family Room, Storage
  • Accessibility Features: Handicap Accessible
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1392
  • Possible Use: Primary
  • Window Features: Hurricane Shutters
  • Bedroom Features: Entry Level, Primary Bath Shower, Primary Bath Tub
  • Living Room Features: Attic, Family Room, Storage Room

Exterior Features

  • Roof: Shingle
  • View: Garden, Other
  • Construction Type: CBS Construction
  • 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: OPA LOCKA 2ND REV PL
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Attached Carport, Covered, Driveway, Other, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 08-21-21-004-1510
  • Lot Size Sq Ft: 7920
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5885

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2023
Closed on
Dec 19, 2023
Sold by
Tyler Melvin
Bought by
Delgado Maria Isabel Coron
Seller's Agent
Kevin Gomez
Realty One Group Royal Oaks
Buyer's Agent
Maria Coronel
Related ISG Realty, LLC.
List Price
$410,000
Sold Price
$400,000
Premium/Discount to List
-$10,000
-2.44%
Views
31
Current Estimated Value
$474,466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,466
Avg. Annual Appreciation
8.91%
Original Mortgage
$19,300
Outstanding Balance
$19,028
Interest Rate
7.5%
Estimated Equity
$446,225

Purchase Details

Closed on
Aug 14, 2012
Sold by
Wilshire Holding Group Inc
Bought by
Tyler Melvin

Purchase Details

Closed on
Apr 11, 2012
Sold by
Tyler Melvin
Bought by
Wilshire Holding Group Inc
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
Delgado Maria Isabel Coron $400,000 Foremost Title
Tyler Melvin -- None Available
Wilshire Holding Group Inc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delgado Maria Isabel Coron $19,300
Open Delgado Maria Isabel Coron $386,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2023 12/20/23 Sold $400,000 -2.4% $287 / Sq Ft
11/15/2023 11/15/23 For Sale $410,000 -- $295 / 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 $7,932 $348,453 -- --
2024 $5,885 $338,633 $192,750 $145,883
2023 $5,885 $189,348 $0 $0
2022 $5,353 $172,135 $0 $0
2021 $4,791 $156,487 $0 $0
2020 $4,496 $193,917 $84,810 $109,107
2019 $4,225 $188,220 $88,665 $99,555
2018 $3,798 $172,084 $72,132 $99,952
2017 $3,094 $94,157 $0 $0
2016 $2,902 $85,598 $0 $0
2015 $2,537 $77,817 $0 $0
2014 $2,422 $74,517 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11487197

MIAMI REALTORS® MLS

APN: 08-2121-004-1510