$480,000
SOLD JUL 18, 2022
8 Beds
5 Baths
2,903 Sq Ft
6,032 Sq Ft Lot

Recently Sold

$165 Per Sq Ft

9% Below List Price

22 Days on Market

Highlights

  • No HOA
  • Views
  • Tile Flooring
  • Porch
  • Patio
  • 1-Story Property

About This Home

As of December 2022

Great investment opportunity to own a multifamily property on the outskirts of Coral Gables. Prime location with ample parking. With the right updates, this property could yield a great return on investment. There are currently two separate living structures on the property. Zoning may allow for additional units within, you will need to verify this with the county. Preview via virtual tour link at https://www.zillow.com/view-3d-home/6713979b-662a-4308-bf16-84fdc6930171?setAttribution=mls&wl=true

Last Agent to Sell the Property

William Dowda

EXP Realty LLC License #3345934 Listed on: 05/12/2022

EXP Realty LLC

Last Buyer's Agent

Jorge Lorie Jr

EXP Realty LLC License #3475955

EXP Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,172

Year Built

  • Built in 1951

Lot Details

  • 6,032 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,903 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Property Views

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Trail Granada Addn Rev Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-06-044-0230

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,172

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1951
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Half Duplex, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: TRAIL GRANADA ADDN REV
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 5
  • Total Bedrooms: 8
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 2903
  • Possible Use: Investment
  • Bedroom Features: Other
  • Living Room Features: Other

Exterior Features

  • Roof: Shingle
  • View: Other
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: TRAIL GRANADA ADDN REV
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-06-044-0230
  • Lot Size Sq Ft: 6032
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 8172

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2022
Closed on
Dec 16, 2022
Sold by
Oak Avenue Investments Group Llc
Bought by
Bull Jeremy Eugene
Seller's Agent
carlos fong
MMLS Assoc.-Inactive Member
Buyer's Agent
Holly Stallings
Fathom Realty FL, LLC
List Price
$809,999
Sold Price
$745,000
Premium/Discount to List
-$64,999
-8.02%
Total Days on Market
22
Views
4
Current Estimated Value
$1,080,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,544
Avg. Annual Appreciation
16.11%
Original Mortgage
$633,250
Outstanding Balance
$617,744
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$462,800

Purchase Details

Listed on
May 12, 2022
Closed on
Jul 18, 2022
Sold by
Pablo Gonzalez Fermin
Bought by
Oak Avenue Investments Group Llc
Seller's Agent
William Dowda
EXP Realty LLC
Buyer's Agent
Jorge Lorie Jr
EXP Realty LLC
List Price
$525,000
Sold Price
$480,000
Premium/Discount to List
-$45,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
192.18%
Original Mortgage
$420,000
Interest Rate
5.23%
Mortgage Type
Construction
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 Type Sale Price Title Company
Warranty Deed $745,000 A & A Title
Warranty Deed $480,000 A & A Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $633,250 New Conventional
Previous Owner $420,000 Construction
Previous Owner $100,000 Credit Line Revolving
Previous Owner $50,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2022 12/16/22 Sold $745,000 -6.2% $257 / Sq Ft
11/16/2022 11/16/22 Pending -- -- --
11/10/2022 11/10/22 Price Changed $794,000 -2.0% $274 / Sq Ft
11/06/2022 11/06/22 For Sale $809,999 +68.7% $279 / Sq Ft
07/18/2022 07/18/22 Sold $480,000 -8.6% $165 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $525,000 -- $181 / 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
2024 $13,088 $637,761 $313,772 $323,989
2023 $13,088 $599,693 $271,562 $328,131
2022 $8,965 $383,735 $0 $0
2021 $8,172 $348,850 $171,888 $176,962
2020 $7,694 $325,564 $147,986 $177,578
2019 $7,711 $325,637 $147,986 $177,651
2018 $2,169 $216,111 $0 $0
2017 $2,140 $203,638 $0 $0
2016 $3,410 $193,425 $0 $0
2015 $2,107 $185,543 $0 $0
2014 $2,095 $178,198 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11203319

MIAMI REALTORS® MLS

APN: 01-4106-044-0230