NOT LISTED FOR SALE

502 NW 7th Ave Homestead, FL 33030

Downtown Homestead Neighborhood

Estimated Value: $349,000 - $461,000

3 Beds
2 Baths
1,329 Sq Ft
$312/Sq Ft Est. Value

Last Sold August 12, 2016

Last sale price $160,000 $120 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $2,517/month

1 Day on Market

Highlights

  • RV or Boat Parking
  • Attic
  • Breakfast Area or Nook
  • Room in yard for a pool
  • No HOA
  • Walk-In Closet

About This Home

As of August 2016

Wonderful Starter Home in Homestead!!! Great area, Don't let the size full you, this property shows great, Living dining room, new kitchen, laundry room,3 large bedrooms, two Bath, large patio plenty of room for a pool, space to park a boat or RV. Tile throughout, freshly Painted inside and out.

Last Agent to Sell the Property

Anthony Pellerano

Home Wiz USA License #0708542 Listed on: 07/05/2016

Last Buyer's Agent

Douglas Montas

NSE Realty, LLC License #3048337

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,076

Year Built

  • Built in 2004

Lot Details

  • 7,102 Sq Ft Lot
  • East Facing Home
  • Fenced

Home Design

  • Substantially Remodeled
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,329 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Tile Flooring
  • Laundry in Utility Room
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • Driveway
  • Open Parking
  • RV or Boat Parking

Additional Features

  • Room in yard for a pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Blvd Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10-78-13-024-0435

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,076

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 2004
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: Blvd Add
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Appliances: Microwave, Electric Range, Refrigerator
  • Interior Amenities: Walk-In Closet(s), Attic, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1329
  • Possible Use: Primary
  • Bedroom Features: Other
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Living Room Features: Attic, Utility Room/Laundry
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • Roof: Shingle
  • View: None
  • Exterior Features: Fruit Trees, Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Blvd Add
  • Open Parking: Yes
  • Parking Features: Driveway, Other, Rv/Boat Parking

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 10-78-13-024-0435
  • Lot Size Sq Ft: 7102
  • Zoning: R-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1076

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2016
Closed on
Aug 12, 2016
Sold by
Adk Investment Group Inc
Bought by
Gonzlrez Enerio and Hernandez Olga L
Seller's Agent
Anthony Pellerano
Home Wiz USA
Buyer's Agent
Douglas Montas
NSE Realty, LLC
List Price
$165,900
Sold Price
$160,000
Premium/Discount to List
-$5,900
-3.56%
Current Estimated Value
$415,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,188
Avg. Annual Appreciation
10.74%
Original Mortgage
$157,102
Outstanding Balance
$129,003
Interest Rate
4.25%
Mortgage Type
FHA
Estimated Equity
$275,439

Purchase Details

Closed on
Apr 22, 2016
Sold by
Urbina William V and Urbina Maritza
Bought by
Adk Investment Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,800
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 22, 2008
Sold by
Bank Of New York
Bought by
Urbina William and Urbina Maritza

Purchase Details

Closed on
May 15, 2008
Sold by
Montenegro Luz I
Bought by
Bank Of New York

Purchase Details

Closed on
May 26, 2006
Sold by
Sosa Felicia J and Sosa Osvaldo M
Bought by
Montenegro Luz Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
8.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2004
Sold by
Garcia Pedro
Bought by
Sosa Osvaldo M and Sosa Felicia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
9%
Mortgage Type
Unknown
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
Gonzlrez Enerio $160,000 Posh Titleservices Inc
Adk Investment Group Inc $90,000 Attorney
Urbina William $90,000 Lawyers Title Ins Corp
Bank Of New York $7,000 None Available
Montenegro Luz Isabel $230,000 Unlimited Title Group
Sosa Osvaldo M $136,000 Unlimited Title Group
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzlrez Enerio $157,102
Previous Owner Adk Investment Group Inc $61,800
Previous Owner Montenegro Luz Isabel $184,000
Previous Owner Sosa Osvaldo M $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2016 08/12/16 Sold $160,000 0.0% $120 / Sq Ft
07/21/2016 07/21/16 Off Market $160,000 -- --
07/18/2016 07/18/16 For Sale $165,900 0.0% $125 / Sq Ft
07/08/2016 07/08/16 Price Changed $165,900 +10.7% $125 / Sq Ft
07/07/2016 07/07/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $149,900 -- $113 / 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 $3,658 $139,362 -- --
2024 $3,570 $135,435 -- --
2023 $3,570 $131,491 $0 $0
2022 $2,316 $127,662 $0 $0
2021 $2,198 $119,495 $0 $0
2020 $1,678 $117,846 $0 $0
2019 $1,625 $115,197 $0 $0
2018 $1,542 $113,050 $28,408 $84,642
2017 $1,587 $114,023 $0 $0
2016 $1,333 $46,413 $0 $0
2015 $1,076 $42,194 $0 $0
2014 $1,011 $38,359 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2016

    Anthony Pellerano

    Home Wiz USA

    (786) 286-2768

    38 Total Sales

    Anthony Pellerano
    Section Image

  • D

    Buyer's Agent in 2016

    Douglas Montas

    NSE Realty, LLC

    4 Total Sales

    Douglas Montas
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10110417

MIAMI REALTORS® MLS

APN: 10-7813-024-0435

Florida Miami/Dade County Homestead 33030 Downtown Homestead

502 NW 7th Ave, Homestead, FL

This home is located at 502 NW 7th Ave, Homestead, FL 33030 since 05 July 2016 and is currently estimated at $415,188, approximately $312 per square foot. This property was built in 2004. 502 NW 7th Ave is a home located in Miami-Dade County with nearby schools including West Homestead K-8 Center, Homestead Middle School, and Arthur And Polly Mays Conservatory Of The Arts.

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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