NOT LISTED FOR SALE

5501 NW 7th St Unit E412 Miami, FL 33126

Flagami Neighborhood

Estimated Value: $170,000 - $196,000

1 Bed
1 Bath
662 Sq Ft
$226/ mo HOA Fee

Last Sold December 07, 2023

Last sale price $180,000 $272 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,465/month

4 Days on Market

Highlights

  • Lake Front
  • Garden View
  • Walk-In Closet
  • Soaking Tub in Primary Bathroom
  • Community Pool
  • Courtyard

About This Home

As of December 2023

Location, location, location! 1 bedroom, 1 bath unit located in the El Lago Condo, gated community. Corner unit, tiled throughout. Needs a little updating. Building has pool. Very central, close to major highways, airport, churches, hospital, shopping centers, etc. Please call listing agent for appointment.

Last Agent to Sell the Property

Elizabeth Molina

The Keyes Company License #3059388 Listed on: 11/09/2023

The Keyes Company

Last Buyer's Agent

Idania Brizuela

Real Estate Direct of S. Fla License #3123811

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $495

Year Built

  • Built in 1972

HOA Fees

  • $226 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Entry on the 4th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 662 Sq Ft Home
  • 4-Story Property
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Garden Views
  • Video Cameras

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Soaking Tub in Primary Bathroom
  • Bathtub

Parking

  • 1 Car Parking Space
  • Guest Parking

Schools

  • Flagler; Henry M. Elementary School
  • Kinlock Park Middle School
  • South Miami High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Courtyard
  • Lake Front

Listing and Financial Details

  • Assessor Parcel Number 01-31-31-024-0960

Community Details

Overview

  • Low-Rise Condominium
  • El Lago Condo
  • El Lago Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Secure Lobby

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access
  • Secure Elevator
  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$495

Year Built

Built in 1972

Lot Details

0 Sq Ft Lot

HOA Fees

$226 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Directions: Mapquest or Google maps
  • Entry Level: 4
  • 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
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: Walk-In Closet(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 662
  • Possible Use: Investment
  • Stories: 4
  • Bedroom Features: Entry Level, Primary Bath Tub
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter
  • Master Bathroom Features: Tub Only

Exterior Features

  • View: Garden View
  • Exterior Features: Courtyard
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: El Lago Condo
  • Parking Features: 1 Space, Guest, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Complex Fenced, Elevator Secure, Card Entry, Fire Alarm, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 226
  • Amenities: Elevator(s), Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Flagler; Henry M.
  • High School: South Miami
  • Middle Or Junior School: Kinlock Park

Lot Info

  • Parcel Number: 01-31-31-024-0960
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No, Maximum 20 Lbs

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 495

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2023
Closed on
Dec 5, 2023
Sold by
Barreras Delia
Bought by
Carreras Gabriella F and Carreras Bryan
Seller's Agent
Elizabeth Molina
The Keyes Company
Buyer's Agent
Idania Brizuela
Real Estate Direct of S. Fla
List Price
$200,000
Sold Price
$180,000
Premium/Discount to List
-$20,000
-10%
Views
34
Current Estimated Value
$184,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,927
Avg. Annual Appreciation
1.19%

Purchase Details

Closed on
Jun 20, 2022
Sold by
Delia Barreras
Bought by
Barreras Delia

Purchase Details

Closed on
Jun 27, 2018
Sold by
Barreras Delia and Banos Evelio
Bought by
Barreras Delia and Banos Evelio

Purchase Details

Closed on
May 13, 2005
Sold by
Barreras Delia
Bought by
Barreras Delia and Banos Evelio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
6.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2002
Sold by
Jeordan Alfonso I
Bought by
Barreras Delia

Purchase Details

Closed on
Aug 9, 2001
Sold by
Veronica Alfonso I
Bought by
Alfonso Jeordan

Purchase Details

Closed on
Mar 28, 2001
Sold by
Tauro Investment C
Bought by
Alfonso Jeordan and Alfonso Veronica

Purchase Details

Closed on
Mar 6, 1998
Sold by
Rodriguez Angelica
Bought by
Tauro Investment Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Interest Rate
6.95%

Purchase Details

Closed on
Aug 9, 1994
Sold by
Rodriguez Wilfredo
Bought by
Rodriguez Angelica

Purchase Details

Closed on
Feb 1, 1994
Sold by
Rahimi Karen G
Bought by
Rodriguez Wilfredo and Rodriguez Angelica
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
Carreras Gabriella F $180,000 Gables Title
Carreras Gabriella F $180,000 Gables Title
Barreras Delia -- Fidelis Law Pa
Barreras Delia -- Attorney
Barreras Delia -- Statewide Title Corp
Barreras Delia $66,500 --
Alfonso Jeordan $100 --
Alfonso Jeordan $50,000 --
Tauro Investment Inc $45,000 --
Rodriguez Angelica -- --
Rodriguez Wilfredo $33,300 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Barreras Delia $94,500
Previous Owner Tauro Investment Inc $37,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/07/2023 12/07/23 Sold $180,000 -10.0% $272 / Sq Ft
11/13/2023 11/13/23 Pending -- -- --
11/09/2023 11/09/23 For Sale $200,000 -- $302 / 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 $3,318 $158,000 -- --
2024 $517 $165,600 -- --
2023 $517 $50,458 $0 $0
2022 $495 $48,989 $0 $0
2021 $479 $47,563 $0 $0
2020 $467 $46,907 $0 $0
2019 $445 $45,853 $0 $0
2018 $419 $44,999 $0 $0
2017 $404 $44,074 $0 $0
2016 $397 $43,168 $0 $0
2015 $397 $42,868 $0 $0
2014 $398 $42,528 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11483660

MIAMI REALTORS® MLS

APN: 01-3131-024-0960

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