NOT LISTED FOR SALE

5170 NW 2nd Terrace Miami, FL 33126

Flagami Neighborhood

Estimated Value: $765,405 - $880,000

4 Beds
2 Baths
2,395 Sq Ft
$346/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $560,000 $234 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,410/month

79 Days on Market

Highlights

  • New Construction
  • Ceramic Tile Flooring
  • 1-Story Property
  • No HOA
  • Central Heating and Cooling System

About This Home

As of April 2021

Duplex Centrally located in an area with high demand for rental properties. Both units are rented; enjoy instant income!! Front unit has 2 Bedrooms 1 Bathroom with New Impact Windows, New Roof, New Ceramic Tile and New Kitchen and is rented for $1,700. Back Unit is BRAND NEW CONSTRUCTION with 3 Bedrooms 2 Bathrooms. Back unit structure is all new built in 2019 with New Roof, New Impact Windows/Doors, New Plumbing, New Electrical, New Bathrooms, New Kitchen and New Floors, back unit is rented for $2,250. New Paver Driveway. Large Backyard divided with new fence so each tenant has their private backyard. Lot is 6,950 Sq Ft. Call for a showing do not disturb tenants.

Last Agent to Sell the Property

Annemarie Daruna

RD Realty Group, Inc. License #3232188 Listed on: 01/04/2021

Last Buyer's Agent

Maria Lea Plaza

LP Realty, LLC. License #3228685

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,255

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 6,970

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,395 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Flagler Grove Estates Ext Condos
  • Flagler Grove Estates Ext Subdivision

Listing and Financial Details

  • Rent includes trash collection
  • Assessor Parcel Number 01-41-06-018-1600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,255

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2019
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: FLAGLER GROVE ESTATES EXT
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 2395
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Flat Tile
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: FLAGLER GROVE ESTATES EXT
  • 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: 01-41-06-018-1600
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5255

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2021
Closed on
Mar 31, 2021
Sold by
Horsebit Capital Ix Llc
Bought by
Virginia Pointe Investments Llc
Seller's Agent
Annemarie Daruna
RD Realty Group, Inc.
Buyer's Agent
Maria Lea Plaza
LP Realty, LLC.
List Price
$619,000
Sold Price
$560,000
Premium/Discount to List
-$59,000
-9.53%
Current Estimated Value
$827,851

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,851
Avg. Annual Appreciation
8.91%

Purchase Details

Listed on
Aug 24, 2017
Closed on
Oct 27, 2017
Sold by
Lopez Maritza M
Bought by
Horsebit Capital Ix Llc
Seller's Agent
Juan Diago
Countrywide Realty Group Corp.
Buyer's Agent
Juan Diago
Countrywide Realty Group Corp.
List Price
$239,900
Sold Price
$174,800
Premium/Discount to List
-$65,100
-27.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.42%
Original Mortgage
$172,958
Interest Rate
3.83%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 2007
Sold by
Lopez Maritza M
Bought by
Lopez Orestina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 30, 1995
Sold by
Lopez Orestina C
Bought by
Lopez Orestina C and Lopez Maritza M

Purchase Details

Closed on
Sep 12, 1994
Sold by
Ballon Orosman and Ballon Nicole
Bought by
Lopez Orestina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,200
Interest Rate
8.37%
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
Virginia Pointe Investments Llc $560,000 Hemisphere Title Company
Horsebit Capital Ix Llc $174,800 Attorney
Lopez Orestina -- Trustar Title Insurance Co
Lopez Orestina C -- --
Lopez Orestina C $88,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horsebit Capital Ix Llc $172,958
Previous Owner Lopez Orestina $480,000
Previous Owner Lopez Orestina C $79,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2021 04/01/21 Sold $560,000 -9.5% $234 / Sq Ft
03/24/2021 03/24/21 Pending -- -- --
01/04/2021 01/04/21 For Sale $619,000 +254.1% $258 / Sq Ft
10/27/2017 10/27/17 Sold $174,800 -12.6% $160 / Sq Ft View Prior Sale
10/10/2017 10/10/17 Price Changed $200,100 -0.7% $183 / Sq Ft
09/19/2017 09/19/17 Price Changed $201,500 -3.5% $184 / Sq Ft
09/05/2017 09/05/17 Price Changed $208,900 -12.9% $191 / Sq Ft
08/24/2017 08/24/17 For Sale $239,900 -- $219 / 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 $12,657 $652,191 $368,350 $283,841
2024 $11,632 $602,134 -- --
2023 $11,632 $547,395 $257,117 $290,278
2022 $10,730 $502,065 $208,585 $293,480
2021 $7,637 $341,576 $160,053 $181,523
2020 $5,362 $238,389 $160,053 $78,336
2019 $4,875 $210,595 $132,173 $78,422
2018 $4,709 $206,670 $132,173 $74,497
2017 $4,152 $176,372 $0 $0
2016 $3,880 $160,339 $0 $0
2015 $3,627 $146,013 $0 $0
2014 $1,234 $109,741 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Annemarie Daruna

    Seller's Agent in 2021

    Annemarie Daruna

    RD Realty Group, Inc.

    (305) 213-9788

    2 in this area

    34 Total Sales

    Annemarie Daruna
    Section Image

  • M

    Buyer's Agent in 2021

    Maria Lea Plaza

    LP Realty, LLC.

    (305) 967-8820

    10 in this area

    62 Total Sales

    Maria Lea Plaza
    Section Image

  • J

    Seller's Agent in 2017

    Juan Diago

    Countrywide Realty Group Corp.

    (305) 298-6925

    18 Total Sales

    Juan Diago
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10977921

MIAMI REALTORS® MLS

APN: 01-4106-018-1600

Florida Miami/Dade County Miami 33126 Flagami

5170 NW 2nd Terrace, Miami, FL

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