NOT LISTED FOR SALE

Estimated Value: $803,613 - $981,000

6 Beds
4 Baths
2,922 Sq Ft
$312/Sq Ft Est. Value

Last Sold February 04, 2013

Last sale price $346,900 $119 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $5,784/month

46 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System
  • Coral Gables Senior High School Rated A-

About This Home

As of February 2013

Huge duplex, almost 3000sqftliving area, in the heart of the City of Miami. Property is in very good condition - tiled thruout. Centrally located, near major highways, Airport, and Shopping. Property is approved for HomePath Mortgage Financing & Homepath Renovation Financing. This is a HomePath property. Purchase with as little as 3% down payment for owner occupants & 10% down for investors, no mortgage insurance. Ask us how we can help you purchase this home.

Last Agent to Sell the Property

Michelle Gonzalez

Floridian First Realty Corp License #0649239 Listed on: 12/07/2012

Last Buyer's Agent

Michelle Gonzalez

Floridian First Realty Corp License #0649239 Listed on: 12/07/2012

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,616

Year Built

  • Built in 1994

Lot Details

  • 6,882

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,922 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Additional Features

  • Lot Dimensions are 49x140
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Waterman Park Condos
  • Waterman Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-05-046-0250

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,616

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1994
  • Property Sub Type: Duplex
  • Architectural Style: Other
  • Horses: No
  • Lot Size: 49x140
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: WATERMAN PARK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: 5120
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 2922
  • Possible Use: Investment
  • Stories: 2

Exterior Features

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

Garage/Parking

  • Park Building Name: WATERMAN PARK
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-05-046-0250
  • Zoning: 57/GENER
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 6616

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2012
Closed on
Feb 4, 2013
Sold by
Federal National Mortgage Association
Bought by
511 Nw 44 Ave Llc
Seller's Agent
Michelle Gonzalez
Floridian First Realty Corp
Buyer's Agent
Michelle Gonzalez
Floridian First Realty Corp
List Price
$379,900
Sold Price
$346,900
Premium/Discount to List
-$33,000
-8.69%
Current Estimated Value
$912,403

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$565,503
Avg. Annual Appreciation
7.87%

Purchase Details

Listed on
Dec 7, 2012
Closed on
Dec 12, 2012
Sold by
Federal Deposit Insurance Corporation
Bought by
Federal National Mortgage Association
Seller's Agent
Michelle Gonzalez
Floridian First Realty Corp
Buyer's Agent
Michelle Gonzalez
Floridian First Realty Corp
List Price
$379,900
Sold Price
$346,900
Premium/Discount to List
-$33,000
-8.69%

Purchase Details

Closed on
Sep 27, 2012
Sold by
Santander Luvy
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Dec 8, 2011
Sold by
Santander Luvy
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
May 24, 2007
Sold by
Puga Ruddy
Bought by
Santander Luvy and Santander Jonny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
7.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 23, 2005
Sold by
Ponce Juan E and Ponce Maria Fernanda
Bought by
Puga Ruddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,600
Interest Rate
7.36%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Mar 23, 1995
Sold by
Hernandez Carlos M
Bought by
Ponce Juan E and Ponce Maria Fernanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,570
Interest Rate
8.81%

Purchase Details

Closed on
Jan 9, 1995
Sold by
Hernandez Carlos M
Bought by
Morejon Emilio and Morejon Mirta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$10,000
Interest Rate
9.2%

Purchase Details

Closed on
Feb 7, 1994
Sold by
Farmer Robert D and Farmer Denny L
Bought by
Hernandez Carlos M
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
511 Nw 44 Ave Llc $346,900 Attorney
Federal National Mortgage Association -- Watson Title Company Inc
Indymac Bank Fsb $202,000 None Available
Indymac Bank Fsb $202,000 None Available
Santander Luvy $492,000 National Discount Title & Es
Puga Ruddy -- --
Ponce Juan E $198,000 --
Morejon Emilio $115,000 --
Hernandez Carlos M $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Santander Luvy $492,000
Previous Owner Puga Ruddy $291,600
Previous Owner Ponce Juan E $180,570
Previous Owner Morejon Emilio $10,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2013 02/04/13 Sold $346,900 -8.7% $119 / Sq Ft
01/22/2013 01/22/13 Pending -- -- --
12/07/2012 12/07/12 For Sale $379,900 -- $130 / 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 $11,824 $556,430 -- --
2024 $11,306 $505,846 -- --
2023 $11,306 $459,860 $0 $0
2022 $10,186 $418,321 $0 $0
2021 $9,032 $380,292 $0 $0
2020 $8,123 $404,357 $164,824 $239,533
2019 $9,092 $390,309 $147,581 $242,728
2018 $8,842 $413,790 $167,867 $245,923
2017 $8,342 $338,769 $0 $0
2016 $7,904 $307,972 $0 $0
2015 $8,007 $323,510 $0 $0
2014 $7,968 $317,828 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1722266

MIAMI REALTORS® MLS

APN: 01-4105-046-0250