NOT LISTED FOR SALE

506 NW 5th Ave Homestead, FL 33030

Downtown Homestead Neighborhood

Estimated Value: $280,000 - $451,000

4 Beds
2 Baths
1,668 Sq Ft
$234/Sq Ft Est. Value

Last Sold June 15, 2015

Last sale price $140,000 $84 Per Sq Ft

Est. 178% increase in value since last sale

Current estimated payment $2,558/month

169 Days on Market

Highlights

  • No HOA
  • Terrazzo Flooring
  • 1-Story Property
  • Cooling Available
  • Heating Available

About This Home

As of June 2015

NO MORTGAGE PAYMENTS? Not quite but what a deal. Only 31/2% down FHA, No closing costs, no prepays. New kitchen cabinets. New A/C. Not a short sale. Legal Duplex. No violations. Two electric meters. Remodeled duplex. Central location and near busway. Tena nt occupied. Great opportunity to become a landlord!

Last Agent to Sell the Property

Jerry Flick

MMLS Assoc.-Inactive Member License #0027381 Listed on: 10/31/2014

Last Buyer's Agent

Claudia Miraglia

Florida Realty of Miami Corp License #3260168

Florida Realty of Miami Corp

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $777

Year Built

  • Built in 1971

Lot Details

  • 6,795

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,668 Sq Ft Home
  • 1-Story Property

Flooring

  • Terrazzo
  • Ceramic Tile

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 4 Units
  • 13 57 38 Condos
  • 13 57 38 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10-78-13-008-0215

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$777

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1971
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: 13 57 38
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor, Terrazzo
  • Living Area: 1668
  • Possible Use: Primary
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 13 57 38

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 10-78-13-008-0215
  • Zoning: 57/GENER
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 777

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2014
Closed on
Jun 5, 2015
Sold by
The Housing League Inc
Bought by
Alvarez Jorge H
Seller's Agent
Jerry Flick
MMLS Assoc.-Inactive Member
Buyer's Agent
Claudia Miraglia
Florida Realty of Miami Corp
List Price
$154,900
Sold Price
$140,000
Premium/Discount to List
-$14,900
-9.62%
Current Estimated Value
$389,825

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$249,825
Avg. Annual Appreciation
10.37%
Original Mortgage
$137,464
Outstanding Balance
$105,511
Interest Rate
3.5%
Mortgage Type
FHA
Estimated Equity
$284,314

Purchase Details

Listed on
Apr 2, 2014
Closed on
Aug 19, 2014
Sold by
Bank Of America Na
Bought by
The Housing League Inc
Seller's Agent
Henry Benito
MMLS Assoc.-Inactive Member
Buyer's Agent
Henry Benito
MMLS Assoc.-Inactive Member
List Price
$82,900
Sold Price
$82,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
92.52%
Original Mortgage
$86,100
Interest Rate
4.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 19, 2014
Sold by
Cardozo Nidia
Bought by
Bank Of America Na

Purchase Details

Closed on
Oct 31, 2007
Sold by
Gorski Sara
Bought by
Cardozo Nidia

Purchase Details

Closed on
Mar 16, 2005
Sold by
Hernandez Manuel R
Bought by
Gorski Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,500
Interest Rate
5.54%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Alvarez Jorge H $140,000 Ec Title Services Inc
The Housing League Inc $82,900 Servicelink Llc
Bank Of America Na $56,300 None Available
Cardozo Nidia $245,000 Attorney
Gorski Sara $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Jorge H $137,464
Previous Owner The Housing League Inc $86,100
Previous Owner Gorski Sara $108,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/15/2015 06/15/15 Sold $140,000 -9.6% $84 / Sq Ft
04/15/2015 04/15/15 Pending -- -- --
10/28/2014 10/28/14 For Sale $154,900 +86.9% $93 / Sq Ft
08/28/2014 08/28/14 Sold $82,900 0.0% $50 / Sq Ft View Prior Sale
04/01/2014 04/01/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $82,900 -- $50 / 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 $6,046 $220,269 -- --
2024 $5,522 $200,245 -- --
2023 $5,522 $182,041 $0 $0
2022 $4,886 $165,492 $0 $0
2021 $3,326 $150,448 $0 $0
2020 $3,163 $156,521 $68,000 $88,521
2019 $3,015 $160,324 $68,000 $92,324
2018 $2,463 $113,035 $27,200 $85,835
2017 $2,297 $103,966 $0 $0
2016 $2,125 $94,515 $0 $0
2015 $1,522 $66,618 $0 $0
2014 -- $37,847 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jerry Flick

    MMLS Assoc.-Inactive Member

    Section Image
  • Claudia Miraglia

    Buyer's Agent in 2015

    Claudia Miraglia

    Florida Realty of Miami

    (305) 431-0122

    18 Total Sales

    Claudia Miraglia
    Section Image

  • H

    Seller's Agent in 2014

    Henry Benito

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2027550

MIAMI REALTORS® MLS

APN: 10-7813-008-0215

Florida Miami/Dade County Homestead 33030 Downtown Homestead

506 NW 5th Ave, Homestead, FL

Not Listed for Sale

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