NOT LISTED FOR SALE

5501 NW 7th St Unit E218 Miami, FL 33126

Flagami Neighborhood

Estimated Value: $227,000 - $258,000

2 Beds
2 Baths
882 Sq Ft
$301/ mo HOA Fee

Last Sold July 06, 2023

Last sale price $237,000 $269 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,889/month

31 Days on Market

Highlights

  • Built in 1972 | Newly Remodeled
  • Balcony
  • Walk-In Closet
  • Community Pool
  • Complete Impact Glass
  • Views

About This Home

As of July 2023

SEE BROKERS REMARKS....... Location of this property makes it perfect due to its proximity to the Miami International Airport, easy access to expressways and facilities. The unit has 2 bedrooms with 2 bathrooms, large master room with spacious walking closet, all window and sliding doors are impact installed 2022, New A/C 2021, refrigetor and toiled was replace a year ago, open balcony. The outdoor areas are well-kept with a beautiful lake behind and a pool. Hot area for rental , which makes it attractive to investors.

Last Agent to Sell the Property

Jose Valiente

EXP Realty LLC License #3134778 Listed on: 05/05/2023

EXP Realty LLC

Last Buyer's Agent

Wilber Denegri

Miami Partners Realty Group License #3320183

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,545

Year Built

  • Built in 1972 | Newly Remodeled

HOA Fees

  • $301 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-31-31-024-1340

Community Details

Overview

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

Amenities

  • Interior Hall

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Complex Is Fenced
  • Complete Impact Glass
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,545

Year Built

Built in 1972 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$301 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: New Construction
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: Interior Hall, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 882
  • Possible Use: Primary
  • Stories: 4
  • Window Features: Complete Impact Glass
  • Bedroom Features: Other

Exterior Features

  • View: Other View
  • Exterior Features: Open Balcony, Other
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 301
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-31-31-024-1340
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2545

Multi Family

  • Maintenance Expense: 301

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Jul 5, 2023
Sold by
Gamez Maria Monica
Bought by
Wfdc Llc
Seller's Agent
Jose Valiente
EXP Realty LLC
Buyer's Agent
Wilber Denegri
Miami Partners Realty Group
List Price
$250,000
Sold Price
$237,000
Premium/Discount to List
-$13,000
-5.2%
Views
46
Current Estimated Value
$243,601

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,601
Avg. Annual Appreciation
1.02%

Purchase Details

Closed on
Nov 27, 2006
Sold by
Gamez Maria
Bought by
Gamez Maria Monica

Purchase Details

Closed on
Feb 3, 2004
Sold by
Diga Of Miami Inc
Bought by
Gamez Maria

Purchase Details

Closed on
Oct 6, 2003
Sold by
Ramle International Corp
Bought by
Diga Of Maimi Inc

Purchase Details

Closed on
Jun 25, 2003
Sold by
Zaldivar Nelson Javier
Bought by
Ramle International Corp

Purchase Details

Closed on
Aug 4, 1997
Sold by
Munguia Martha Maria
Bought by
Zaldivar Nelson J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
7.61%
Mortgage Type
FHA
Source: Public Records
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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
Wfdc Llc $237,000 None Listed On Document
Wfdc Llc $237,000 None Listed On Document
Gamez Maria Monica -- Attorney
Gamez Maria -- --
Diga Of Maimi Inc $104,000 --
Ramle International Corp $83,600 --
Zaldivar Nelson J $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zaldivar Nelson J $67,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/06/2023 07/06/23 Sold $237,000 -3.3% $269 / Sq Ft
06/05/2023 06/05/23 Pending -- -- --
05/23/2023 05/23/23 Price Changed $245,000 -2.0% $278 / Sq Ft
05/05/2023 05/05/23 For Sale $250,000 -- $283 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $3,849 $192,000 -- --
2024 $2,829 $192,150 -- --
2023 $2,829 $130,458 $0 $0
2022 $2,545 $118,599 $0 $0
2021 $2,395 $107,818 $0 $0
2020 $2,263 $122,687 $0 $0
2019 $2,062 $111,534 $0 $0
2018 $551 $54,021 $0 $0
2017 $550 $52,910 $0 $0
2016 $559 $51,822 $0 $0
2015 $567 $51,462 $0 $0
2014 $575 $51,054 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11377250

MIAMI REALTORS® MLS

APN: 01-3131-024-1340

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