NOT LISTED FOR SALE

5501 NW 7th St Unit E206 Miami, FL 33126

Flagami Neighborhood

Estimated Value: $252,195 - $406,000

2 Beds
2 Baths
888 Sq Ft
$205/mo HOA Fee

Last Sold July 10, 2020

Last sale price $156,000 $176 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $2,150/month

46 Days on Market

Highlights

  • Lake View
  • Tile Flooring
  • Fenced
  • Community Pool
  • Central Heating and Cooling System

About This Home

As of July 2020

*** ATTENTION REALTORS PLEASE READ THE BROKER REMARKS SECTION FOR INFO ON HOW TO SUBMIT AN OFFER AND PLEASE CHECK THE ATTACHMENTS SECTION FOR THE OFFER PACKAGE*** 2/2 CONDO UNIT WITH LAKE VIEW IN A WELL MAINTAINED COMMUNITY/COMPLEX. CENTRALLY LOCATED. SELLER HAS NOT LIVED AT THE PROPERTY AND HAS NO INFO FOR THIS PROPERTY. SELLER DISCLOSURE IS NOT AVAILABLE. BUYER/BUYER'S AGENT IS RESPONSIBLE TO VERIFY ALL THE PROPERTY, LISTING AND HOA INFORMATION PRIOR TO OFFER.

Last Listed By

Luis Aleman

Capital Real Estate Solutions Inc License #3189394 Listed on: 04/18/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,381

Year Built

  • Built in 1972

HOA Fees

  • $205 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 888 Sq Ft Home
  • 4-Story Property
  • Tile Flooring
  • Lake Views
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-31-31-024-0460

Community Details

Overview

  • Low-Rise Condominium
  • El Lago Condo
  • El Lago Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Secure Elevator
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,381

Year Built

Built in 1972

Lot Details

0

HOA Fees

$205 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: EL LAGO CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 888
  • Possible Use: Primary
  • Stories: 4
  • Bedroom Features: Entry Level

Exterior Features

  • View: Lake
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: EL LAGO CONDO
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Elevator Secure

Condo/Co-op/Association

  • Association Fee: 205
  • Amenities: Elevator(s), Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-31-31-024-0460
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 205

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2381

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2020
Closed on
Jun 12, 2020
Sold by
Cascade Funding Mortgage Trust Hb1
Bought by
Estrada Noe Guerra and De Villa Ezequiel Inclan Ruiz
Seller's Agent
Luis Aleman
Capital Real Estate Solutions Inc
Buyer's Agent
Margarita Mestre
Portfolio Real Estate Group, Inc
List Price
$156,000
Sold Price
$156,000
Total Days on Market
46
Current Estimated Value
$300,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,799
Avg. Annual Appreciation
11.22%
Original Mortgage
$117,000
Outstanding Balance
$105,806
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$156,267

Purchase Details

Listed on
Apr 18, 2020
Closed on
Jun 11, 2020
Sold by
Bank Of New York Mellon Trust Company
Bought by
Cascade Funding Mortgage Trust Hb1
Seller's Agent
Luis Aleman
Capital Real Estate Solutions Inc
Buyer's Agent
Margarita Mestre
Portfolio Real Estate Group, Inc
List Price
$156,000
Sold Price
$156,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Outstanding Balance
$105,806
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$156,267

Purchase Details

Closed on
Feb 21, 2020
Sold by
County Of Miami Dade
Bought by
Bank Of Nw York Mellon Trust Company Na

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
Estrada Noe Guerra $156,000 Attorney
Cascade Funding Mortgage Trust Hb1 -- Attorney
Bank Of Nw York Mellon Trust Company Na $145,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estrada Noe Guerra $117,000
Previous Owner Jacomino Armando A $250,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2020 07/10/20 Sold $156,000 0.0% $176 / Sq Ft
06/02/2020 06/02/20 Pending -- -- --
04/17/2020 04/17/20 For Sale $156,000 -- $176 / 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 $3,148 $166,483 -- --
2023 $3,148 $151,349 $0 $0
2022 $2,836 $137,590 $0 $0
2021 $2,682 $126,229 $0 $0
2020 $2,613 $122,687 $0 $0
2019 $2,381 $111,534 $0 $0
2018 $215 $54,021 $0 $0
2017 $215 $52,910 $0 $0
2016 $218 $51,822 $0 $0
2015 $224 $51,462 $0 $0
2014 $231 $51,054 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Luis Aleman

    Seller's Agent in 2020

    Luis Aleman

    Capital Real Estate Solutions Inc

    (786) 472-6761

    1 in this area

    73 Total Sales

    Luis Aleman
    Section Image
  • Margarita Mestre

    Buyer's Agent in 2020

    Margarita Mestre

    Portfolio Real Estate Group, Inc

    (786) 301-2949

    2 in this area

    30 Total Sales

    Margarita Mestre
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10847348

MIAMI REALTORS® MLS

APN: 01-3131-024-0460

Florida Miami/Dade County Miami 33126 Flagami

5501 NW 7th St Unit E206, Miami, FL

Homes for Sale in Miami, FL

This home is located at 5501 NW 7th St Unit E206, Miami, FL 33126 since 18 April 2020 and is currently estimated at $300,799, approximately $338 per square foot. This property was built in 1972. 5501 NW 7th St Unit E206 is a home located in Miami-Dade County with nearby schools including Henry M. Flagler Elementary School, Kinloch Park Middle School, and South Miami Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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