511 NE 131st St North Miami, FL 33161
2
Beds
1
Bath
960
Sq Ft
5,000
Sq Ft Lot
Highlights
- Deck
- No HOA
- Cooling Available
- Sun or Florida Room
- Closet Cabinetry
- Views
About This Home
As of March 2025Check out this fantastic home in a thriving, up-and-coming area! Conveniently located near shops, this property is now available after successfully resolving previous legal proceedings. Currently rented at $2,550 per month until March 2025, it offers immediate rental income and a great return on investment. We've received multiple offers in the past few months, but couldn’t close due to the legal issues. Now that everything is settled, it’s expected to sell quickly—don’t miss your chance to act today!
Last Agent to Sell the Property
Miami Zyr Realty Inc License #3108373 Listed on: 12/09/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,600
Year Built
- Built in 1947 | Under Construction
Lot Details
- 5,000 Sq Ft Lot
- South Facing Home
- Fenced
- Property is zoned 3700
Home Design
- Flat Tile Roof
- Aluminum Siding
Interior Spaces
- 960 Sq Ft Home
- 1-Story Property
- Sun or Florida Room
- Storage Room
- Vinyl Flooring
- Property Views
Bedrooms and Bathrooms
- 2 Bedrooms
- Closet Cabinetry
- 1 Full Bathroom
Parking
- 1 Attached Carport Space
- Guest Parking
Outdoor Features
- Deck
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Assessor Parcel Number 06-22-30-035-0090
Community Details
Overview
- No Home Owners Association
- Griffing Biscayne Pk Esta Subdivision
Amenities
- Courtesy Bus
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 9, 2021
Closed on
Feb 20, 2025
Sold by
Moant Proyect Llc
Bought by
Br Holdings Inc
Seller's Agent
Guillermo Rosman
Miami Zyr Realty Inc
Buyer's Agent
Anastasia Thelusma
Reliance Int'l Rlty Group Corp
List Price
$448,900
Sold Price
$385,000
Premium/Discount to List
-$63,900
-14.23%
Views
143
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$269,500
Outstanding Balance
$267,234
Interest Rate
1.8%
Mortgage Type
Balloon
Estimated Equity
$124,990
Purchase Details
Closed on
Oct 6, 2021
Sold by
Morant Re Investments Llc
Bought by
Moant Proyect Llc
Purchase Details
Closed on
Feb 19, 2020
Sold by
Ludwig John C and Ludwig John C
Bought by
Morant Re Investments Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
3.6%
Mortgage Type
Balloon
Purchase Details
Closed on
Jun 18, 2019
Sold by
Ludwig John Collins
Bought by
Ludwig John C
Similar Homes in North Miami, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $385,000 | Elite Title | |
| Warranty Deed | $385,000 | Elite Title | |
| Quit Claim Deed | -- | Waserstein Richard | |
| Quit Claim Deed | -- | Attorney | |
| Warranty Deed | $178,000 | Attorney | |
| Interfamily Deed Transfer | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $269,500 | Balloon | |
| Closed | $269,500 | Balloon | |
| Previous Owner | $175,000 | Balloon |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/12/2025 07/12/25 | For Sale | $625,000 | +62.3% | $651 / Sq Ft |
| 03/17/2025 03/17/25 | Sold | $385,000 | -11.1% | $401 / Sq Ft |
| 11/07/2024 11/07/24 | Price Changed | $432,900 | -1.6% | $451 / Sq Ft |
| 10/15/2024 10/15/24 | Price Changed | $439,900 | -10.0% | $458 / Sq Ft |
| 06/28/2024 06/28/24 | Price Changed | $488,900 | +8.9% | $509 / Sq Ft |
| 09/05/2022 09/05/22 | For Sale | $448,900 | 0.0% | $468 / Sq Ft |
| 09/04/2022 09/04/22 | Off Market | $448,900 | -- | -- |
| 08/29/2022 08/29/22 | Price Changed | $448,900 | 0.0% | $468 / Sq Ft |
| 03/10/2022 03/10/22 | Rented | $2,300 | -22.0% | -- |
| 02/08/2022 02/08/22 | For Rent | $2,950 | 0.0% | -- |
| 12/09/2021 12/09/21 | For Sale | $419,000 | -- | $436 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $5,261 | $247,779 | -- | -- |
| 2024 | $4,803 | $225,254 | -- | -- |
| 2023 | $4,803 | $204,777 | $0 | $0 |
| 2022 | $4,143 | $186,161 | $120,000 | $66,161 |
| 2021 | $3,668 | $160,242 | $110,000 | $50,242 |
| 2020 | $3,218 | $140,253 | $90,000 | $50,253 |
| 2019 | $2,531 | $120,264 | $70,000 | $50,264 |
| 2018 | $2,327 | $120,281 | $70,000 | $50,281 |
| 2017 | $2,079 | $87,186 | $0 | $0 |
| 2016 | $1,991 | $79,260 | $0 | $0 |
| 2015 | $1,942 | $72,055 | $0 | $0 |
| 2014 | $1,663 | $65,505 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Anastasia Thelusma
A
Seller's Agent in 2025
Anastasia Thelusma
Reliance Int'l Rlty Group Corp
(305) 907-4038
1 in this area
12 Total Sales
-
Guillermo Rosman
Seller's Agent in 2025
Guillermo Rosman
Miami Zyr Realty Inc
(305) 722-7041
1 in this area
32 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11134532
APN: 06-2230-035-0090
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