$160,000
SOLD MAY 3, 2016

5501 NW 7th St Unit E302 Miami, FL 33126

Flagami Neighborhood
2 Beds
2 Baths
852 Sq Ft
$189/mo HOA Fee

Recently Sold

$188 Per Sq Ft

3% Below List Price

63 Days on Market

Highlights

  • Lake Front
  • Old Spanish Architecture
  • Community Pool
  • Home fronts a lagoon or estuary
  • Main Floor Primary Bedroom
  • Balcony

About This Home

As of May 2016

MOVE IN READY APARTMENT, GATED COMMUNITY, BRAND NEW EUROPEAN IMPORTED KITCHEN, STAINLESS STEEL APPLIANCES, NEW ELECTRICAL WIRING IN THE KITCHEN, BRAND NEW BATHROOMS AND PLUMBING, FRESHLY PAINTED, WATERVIEW, CERAMIC FLOORS THROUGHOUT. WALKING DISTANCE TO SHOPPING CENTERS. NO PETS!!!! EASY TO SHOW,

Last Agent to Sell the Property

Midahurys Migliori

Prestige Global Realty License #3315903 Listed on: 02/24/2016

Last Buyer's Agent

Midahurys Migliori

Prestige Global Realty License #3315903 Listed on: 02/24/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $563

Year Built

  • Built in 1972

Lot Details

  • Home fronts a lagoon or estuary
  • Lake Front
  • Home fronts a canal

HOA Fees

  • $189 Monthly HOA Fees

Property Views

  • Lake
  • Lagoon
  • Canal

Home Design

  • Old Spanish Architecture

Interior Spaces

  • 852 Sq Ft Home
  • 4-Story Property
  • Ceramic Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Carport Space
  • 1 Car Parking Space
  • Guest Parking

Outdoor Features

  • Balcony

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 01-31-31-024-0150

Community Details

Overview

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

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Building Details

Security

  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$563

Year Built

Built in 1972

Lot Details

0

HOA Fees

$189 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Architectural Style: Old Spanish
  • Directions: 57TH AVE ON 836 (DOLPHIN EXPRESSWAY)
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: EL LAGO CONDOMINIUM
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Ice Maker, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 852
  • Possible Use: Primary
  • Stories: 4
  • Bedroom Features: Primary Bedroom Ground Level, Other

Exterior Features

  • View: Canal, Lagoon, Lake
  • Exterior Features: Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Front, Lagoon, Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: EL LAGO CONDOMINIUM
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Parking Features: 1 Space, Guest

Utilities

  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Complex Fenced

Condo/Co-op/Association

  • Association Fee: 189
  • Amenities: Private Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-31-31-024-0150
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 189

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 563

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2016
Closed on
May 3, 2016
Sold by
Migliori Alberto
Bought by
Rojas Ramon Torres
Seller's Agent
Midahurys Migliori
Prestige Global Realty
Buyer's Agent
Midahurys Migliori
Prestige Global Realty
List Price
$165,000
Sold Price
$160,000
Premium/Discount to List
-$5,000
-3.03%
Total Days on Market
63
Current Estimated Value
$262,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,142
Avg. Annual Appreciation
5.59%
Original Mortgage
$120,000
Outstanding Balance
$96,597
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$165,545

Purchase Details

Closed on
Nov 4, 2015
Sold by
Villiers Raul
Bought by
Migliori Alberto
Source: Public Records

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Range of Values:

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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 $160,000 Bright Title Services Llc
Quit Claim Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $120,000 New Conventional
Closed $23,984 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2022 12/09/22 Rented $2,500 0.0% --
11/27/2022 11/27/22 Under Contract -- -- --
11/02/2022 11/02/22 Price Changed $2,500 -3.8% $3 / Sq Ft
10/23/2022 10/23/22 For Rent $2,600 +73.3% --
06/05/2020 06/05/20 Rented $1,500 0.0% --
04/01/2020 04/01/20 For Rent $1,500 0.0% --
03/05/2019 03/05/19 Rented $1,500 0.0% --
02/25/2019 02/25/19 For Rent $1,500 0.0% --
05/03/2016 05/03/16 Sold $160,000 -3.0% $188 / Sq Ft
04/28/2016 04/28/16 Pending -- -- --
02/24/2016 02/24/16 For Sale $165,000 -- $194 / 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 $3,029 $160,212 -- --
2023 $3,029 $145,648 $0 $0
2022 $2,730 $132,408 $0 $0
2021 $2,581 $121,475 $0 $0
2020 $2,587 $121,475 $0 $0
2019 $1,469 $110,432 $0 $0
2018 $1,434 $110,432 $0 $0
2017 $1,455 $110,432 $0 $0
2016 $1,960 $89,782 $0 $0
2015 $563 $50,961 $0 $0
2014 $571 $50,557 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10039690

MIAMI REALTORS® MLS

APN: 01-3131-024-0150