NOT LISTED FOR SALE

55 NE 48th St Miami, FL 33137

Little Haiti Neighborhood

Estimated Value: $1,869,000 - $2,185,539

0.8 Acre
$2,508,294 Price per Acre
34,848 Sq Ft Lot

Last Sold February 27, 2019

Last sale price $340,000 $182 Per Sq Ft

Est. 490% increase in value since last sale

Current estimated payment $12,712/month

215 Days on Market

Highlights

  • 0.8 Acre Lot
  • Landscaped with Trees
  • 3-minute walk to Pullman Park
  • No HOA

About This Lot

As of February 2019

Historic BuenaVista East Empty lot @ 5250 square feet- , finished it would be marketable in the 1 million range. Property across the street also going under full renovation as well as many others in the neighborhood including some other new construction projects underway. This is the only vacant lot for sale in the desirable Historic district of BuenaVista East. Not in a flood zone.

Last Agent to Sell the Property

Richard Raimann

MMLS Assoc.-Inactive Member License #0640633 Listed on: 06/21/2018

Last Buyer's Agent

William Rios

MMLS Assoc.-Inactive Member License #3149903

MMLS Assoc.-Inactive Member

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,724

Lot Details

  • 0.8 Acre Lot
  • South Facing Home
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned 0104

Community Details

  • No Home Owners Association
  • Shadowlawn Condos
  • Shadowlawn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-24-017-0180

Property Details

Property Type

Land

Est. Annual Taxes

$5,724

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Directions: East of N Miami avenue
  • Horses: No
  • Lot Size Acres: 0.8
  • New Construction: No
  • Structure Type: Residential
  • Subdivision Name: SHADOWLAWN
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Investment

Exterior Features

  • Direction Faces: South
  • Lot Features: Cleared
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SHADOWLAWN

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-31-24-017-0180
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 5250
  • Zoning: 0104
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5724

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2020
Sold by
Lvr Investments Llc
Bought by
Irish George H and Irish Dolores J
Current Estimated Value
$2,006,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
2.16%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 21, 2018
Closed on
Feb 27, 2019
Sold by
Diaz Carlos
Bought by
Lvr Investments Llc and South Florida Jssa Corp
Seller's Agent
Richard Raimann
MMLS Assoc.-Inactive Member
Buyer's Agent
William Rios
MMLS Assoc.-Inactive Member
List Price
$409,900
Sold Price
$340,000
Premium/Discount to List
-$69,900
-17.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.34%

Purchase Details

Closed on
Jan 9, 2014
Sold by
Strategic Assets Purchase Llc
Bought by
Diaz Carlos

Purchase Details

Closed on
May 24, 2013
Sold by
County Of Miami Dade
Bought by
Strategic Assets Purchase Llc

Purchase Details

Closed on
Aug 31, 2006
Sold by
Ultima Investments Llc
Bought by
Sopena Lazaro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.58%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Sep 26, 2005
Sold by
Krys Leonard
Bought by
Ultima 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
$398,589
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2003
Sold by
Trigg Brenda J
Bought by
Krys Leonard and Leon Krys Revocable Living Trust

Purchase Details

Closed on
May 30, 2003
Sold by
Fernandez Raul A
Bought by
Krys Leonard and Leonard Krys Revocable Living Trust
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
Irish George H $1,399,900 Attorney
Lvr Investments Llc $340,000 Attorney
Diaz Carlos $257,000 --
Strategic Assets Purchase Llc $101,600 None Available
Sopena Lazaro $400,000 Attorney
Ultima Investments Llc $305,000 --
Krys Leonard $93,000 --
Krys Leonard -- --
Krys Leonard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Irish George H $70,000
Open Irish George H $510,400
Previous Owner Sopena Lazaro $400,000
Previous Owner Ultima Investments Llc $398,589
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2019 02/27/19 Sold $340,000 -17.1% $182 / Sq Ft
02/22/2019 02/22/19 For Sale $409,900 0.0% $219 / Sq Ft
01/29/2019 01/29/19 For Sale $409,900 0.0% $219 / Sq Ft
01/22/2019 01/22/19 Pending -- -- --
01/14/2019 01/14/19 Price Changed $409,900 -13.7% $219 / Sq Ft
12/28/2018 12/28/18 For Sale $475,000 +39.7% $254 / Sq Ft
12/11/2018 12/11/18 Off Market $340,000 -- --
11/03/2018 11/03/18 Price Changed $475,000 -18.0% $254 / Sq Ft
07/20/2018 07/20/18 Price Changed $579,000 -5.9% $309 / Sq Ft
06/21/2018 06/21/18 For Sale $615,000 -- $328 / 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 $25,888 $1,255,417 $551,250 $704,167
2024 $26,323 $1,315,031 $603,530 $711,501
2023 $26,323 $1,322,364 $603,530 $718,834
2022 $21,998 $1,042,410 $0 $0
2021 $20,134 $947,646 $252,096 $695,550
2020 $6,305 $296,049 $294,834 $1,215
2019 $6,197 $296,064 $294,834 $1,230
2018 $5,707 $296,079 $294,834 $1,245
2017 $5,724 $237,550 $0 $0
2016 $5,718 $234,785 $0 $0
2015 $5,126 $213,441 $0 $0
2014 $6,103 $252,359 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Richard Raimann

    MMLS Assoc.-Inactive Member

    Section Image

  • W

    Buyer's Agent in 2019

    William Rios

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10489221

MIAMI REALTORS® MLS

APN: 01-3124-017-0180

Florida Miami/Dade County Miami 33137 Little Haiti

55 NE 48th St, Miami, FL

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