NOT LISTED FOR SALE

501 NE 31st St Unit 3109 Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $637,000 - $989,000

2 Beds
2 Baths
944 Sq Ft
$799/Sq Ft Est. Value

About This Home

This fully furnished and impeccably equipped 2-bedroom, 2-bathroom residence situated at Paraiso Bayviews exudes an inviting charm and endless comforts, making this a perfect place to call home. With abundant natural light, captivating city vistas and generously spacious rooms. This perfectly positioned apartment in Edgewater, assures convenience, comfort, and tranquility. Enjoy the array of amenities, including a state-of-the-art gym and spa, a playroom for kids, a business center, a 3,000-square-foot party room, a 9th-floor 75-foot sunset pool, a rooftop pool/spa, a rooftop party room, and a BBQ area. Beyond this, residents gain access to the Paraiso community park, marina, Amara at Paraiso restaurant, and the Beach Club. Secure a viewing today and fall in love with your new home!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2018
Sold by
Prh Paraiso Four Llc
Bought by
Va & Lu Llc
Current Estimated Value
$753,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,625
Outstanding Balance
$347,710
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$406,257

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Va & Lu Llc $620,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Va & Lu Llc $391,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2023 09/29/23 Rented $3,950 -3.7% --
09/21/2023 09/21/23 Under Contract -- -- --
09/07/2023 09/07/23 Price Changed $4,100 -3.5% $4 / Sq Ft
08/14/2023 08/14/23 Price Changed $4,250 -5.6% $5 / Sq Ft
06/08/2023 06/08/23 Price Changed $4,500 -4.3% $5 / Sq Ft
05/10/2023 05/10/23 For Rent $4,700 0.0% --
05/09/2023 05/09/23 Off Market $4,700 -- --
04/12/2023 04/12/23 For Rent $4,700 -9.6% --
12/10/2022 12/10/22 Rented $5,200 +13.0% --
10/20/2022 10/20/22 Under Contract -- -- --
09/01/2022 09/01/22 For Rent $4,600 +7.0% --
09/23/2021 09/23/21 Rented -- -- --
09/13/2021 09/13/21 Under Contract -- -- --
08/17/2021 08/17/21 For Rent $4,300 +34.4% --
01/18/2021 01/18/21 Rented $3,200 +6.7% --
01/12/2021 01/12/21 Under Contract -- -- --
01/10/2021 01/10/21 For Rent $3,000 0.0% --
12/17/2020 12/17/20 Off Market $3,000 -- --
12/11/2020 12/11/20 For Rent $3,000 0.0% --
07/06/2020 07/06/20 Rented $3,000 0.0% --
07/06/2020 07/06/20 Under Contract -- -- --
07/01/2020 07/01/20 Price Changed $3,000 -3.2% $3 / Sq Ft
05/29/2020 05/29/20 Price Changed $3,100 -1.6% $3 / Sq Ft
04/26/2020 04/26/20 For Rent $3,150 0.0% --
03/27/2020 03/27/20 Off Market $3,150 -- --
03/09/2020 03/09/20 For Rent $3,150 +5.0% --
09/15/2019 09/15/19 Rented $3,000 -4.8% --
09/04/2019 09/04/19 Under Contract -- -- --
08/21/2019 08/21/19 Price Changed $3,150 -3.1% $3 / Sq Ft
08/05/2019 08/05/19 Price Changed $3,250 -3.0% $3 / Sq Ft
07/09/2019 07/09/19 For Rent $3,350 0.0% --
06/10/2019 06/10/19 Off Market $3,350 -- --
06/01/2019 06/01/19 Price Changed $3,350 -1.5% $4 / Sq Ft
04/23/2019 04/23/19 For Rent $3,400 0.0% --
02/15/2019 02/15/19 Rented $3,400 0.0% --
01/09/2019 01/09/19 For Rent $3,400 -- --

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 $10,401 $537,487 -- --
2023 $10,401 $488,625 $0 $0
2022 $9,157 $444,205 $0 $0
2021 $8,739 $411,301 $0 $0
2020 $8,760 $411,301 $0 $0
2019 $9,865 $462,136 $0 $0
2018 $388 $20,370 $0 $0
2017 $372 $16,046 $0 $0
2016 $363 $14,588 $0 $0
2015 $295 $13,262 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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