NOT LISTED FOR SALE

Estimated Value: $566,000 - $1,083,000

3 Beds
2 Baths
1,624 Sq Ft
$488/Sq Ft Est. Value

Last Sold June 18, 2012

Last sale price $192,000 $118 Per Sq Ft

Est. 313% increase in value since last sale

Current estimated payment $4,865/month

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Closet Cabinetry
  • South Miami K-8 Center Rated A-
  • High Impact Windows
  • Laundry in Utility Room

About This Home

As of March 2022

Super clean and well-maintained South Miami area "first time" rental home features a welcoming front porch, built in 1953, 1,624 sf living area on a 7,850 sf lot (backs up to Ludlam Trail), formal living room, family/dining room with walls of windows and nature's sunlight, updated galley-type kitchen, terrazzo and cement floors, impact windows and doors, wood-beam ceiling in family room, laundry closet, freshly painted inside and out, window treatments, updated master bath, classic vintage guest bath, great closet space, privacy fenced. Pet friendly. Quiet neighborhood, close to University of Miami, expressway, central location. Currently South Miami Middle and Senior High school district.

Last Agent to Rent the Property

Piper Rothan

The Keyes Company License #3020088 Listed on: 12/21/2021

The Keyes Company

Last Renter's Agent

LUIS GRONLIER

Lokation License #3374051

Lokation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,531

Year Built

  • Built in 1953

Lot Details

  • 7,875 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned 0100

Interior Spaces

  • 1,624 Sq Ft Home
  • Ceiling Fan
  • Blinds

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 2 Full Bathrooms
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door

Parking

  • On-Street Parking
  • Open Parking

Schools

  • South Miami Middle School
  • South Miami High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Reid Manor Subdivision
  • Maintained Community

Listing and Financial Details

  • Property Available on 12/20/21
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 30-40-23-004-0120

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,531

Year Built

Built in 1953

Lot Details

0

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2021-12-20
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1953
  • Property Sub Type: Single Family Residence
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: REID MANOR
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Split Bedroom, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Furnished: Unfurnished
  • Living Area: 1624
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows, Impact Glass
  • Bedroom Features: Master Bedroom Ground Level, Master Bath Shower
  • Living Room Features: Utility Room/Laundry

Exterior Features

  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: REID MANOR
  • Open Parking: Yes
  • Parking Features: Slab/Strip, On Street

Utilities

  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Lawn/Pool Maintenance, None

Schools

  • High School: South Miami
  • Middle Or Junior School: South Miami

Lot Info

  • Parcel Number: 30-40-23-004-0120
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7875
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2012
Closed on
Jun 12, 2012
Sold by
Cotton Harold Patrick and Smith Alicia Annette
Bought by
Formoso Richard
Seller's Agent
Jill Penman
One Sotheby's International Realty
Buyer's Agent
Jill Penman
One Sotheby's International Realty
List Price
$249,000
Sold Price
$192,000
Premium/Discount to List
-$57,000
-22.89%
Current Estimated Value
$792,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$600,173
Avg. Annual Appreciation
11.26%
Original Mortgage
$148,000
Outstanding Balance
$102,713
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$689,460
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
Formoso Richard $192,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Formoso Richard $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2022 03/01/22 Rented -- -- --
02/15/2022 02/15/22 Under Contract -- -- --
12/21/2021 12/21/21 For Rent $4,850 0.0% --
06/18/2012 06/18/12 Sold $192,000 -22.9% $24 / Sq Ft View Prior Sale
05/16/2012 05/16/12 Pending -- -- --
04/09/2012 04/09/12 For Sale $249,000 -- $32 / 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 $8,531 $497,783 -- --
2024 $7,563 $452,530 -- --
2023 $7,563 $411,391 $284,438 $126,953
2022 $3,259 $201,705 $0 $0
2021 $3,227 $195,831 $0 $0
2020 $3,189 $193,128 $0 $0
2019 $3,120 $188,786 $0 $0
2018 $2,968 $185,266 $0 $0
2017 $2,941 $181,456 $0 $0
2016 $2,907 $177,724 $0 $0
2015 $2,939 $176,489 $0 $0
2014 -- $175,089 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11138573

MIAMI REALTORS® MLS

APN: 30-4023-004-0120