NOT LISTED FOR SALE

551 NE 62nd St Unit 16 Miami, FL 33138

Upper East Side North Neighborhood

Estimated Value: $194,000 - $246,000

1 Bed
1 Bath
545 Sq Ft
$180/mo HOA Fee

Last Sold August 09, 2013

Last sale price $93,000 $171 Per Sq Ft

Est. 137% increase in value since last sale

Current estimated payment $1,620/month

73 Days on Market

Highlights

  • Marble Flooring
  • Central Heating and Cooling System
  • Laundry Facilities
  • Garden View
  • Combination Dining and Living Room
  • South Facing Home

About This Home

As of August 2013

Beautiful Condo Conversion in Historic Palm Grove, Half a Block from the MIMO Historic District, All Renovated in 2006, Updated Plumbing, Electric Central AC, Marble Floors & Baths, Renovated Open Kitchen w/ Stainless Appliances, Seven Units Available fro m $95-100K, Also Available as a Package, All Units are Rented at Approximately $900, Most are on Month To Month, I do have one unit vacant for showing. One Parking Space Available for an Additional Fee. Pets ok up to 50 LBS. Laundry Room on Premises

Last Agent to Sell the Property

Donald Wilson

Willis Wilson & Associates License #3243197 Listed on: 03/22/2013

Co-Listed By

William Willis

Willis Wilson & Associates License #0609866

Last Buyer's Agent

Donald Wilson

Willis Wilson & Associates License #3243197 Listed on: 03/22/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,045

Year Built

  • Built in 1947

HOA Fees

  • $180 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Concrete Block And Stucco Construction

Interior Spaces

  • 545 Sq Ft Home
  • Property has 1 Level
  • Blinds
  • Combination Dining and Living Room
  • Marble Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • On-Street Parking
  • Open Parking

Additional Features

  • South Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-18-082-0160

Community Details

Overview

  • 16 Units
  • The Square @ 62Nd Condos
  • The Square @ 62Nd Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Additional Features

  • Laundry Facilities
  • Maintenance Expense $274
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,045

Year Built

Built in 1947

Lot Details

0

HOA Fees

$180 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1947
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Directions: BISCAYNE TO NE 62 ST, WEST HALF BLOCK
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: The Square @ 62nd
  • Year Built Details: Condo-Conversion
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Electric Range, Refrigerator
  • Interior Amenities: Second Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 545
  • Possible Use: Primary
  • Stories: 2
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Garden View
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: The Square @ 62nd
  • Open Parking: Yes
  • Parking Features: On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 180
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-18-082-0160
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Maintenance Expense: 274
  • Number Of Units In Community: 16
  • Number Of Units Total: 16

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1045

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2013
Closed on
Jul 29, 2013
Sold by
The Square At 62Nd St Llc
Bought by
Ross Katherine
Seller's Agent
Donald Wilson
Willis Wilson & Associates
Buyer's Agent
Donald Wilson
Willis Wilson & Associates
List Price
$97,000
Sold Price
$93,000
Premium/Discount to List
-$4,000
-4.12%
Current Estimated Value
$220,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,178
Avg. Annual Appreciation
7.38%
Source: Public Records

Range of Values:

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Average Value
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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
Ross Katherine $93,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2013 08/09/13 Sold $93,000 -4.1% $171 / Sq Ft
06/04/2013 06/04/13 Pending -- -- --
03/22/2013 03/22/13 For Sale $97,000 -- $178 / 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 $2,876 $134,570 -- --
2024 $2,503 $122,337 -- --
2023 $2,503 $111,216 $0 $0
2022 $2,175 $101,106 $0 $0
2021 $1,953 $91,915 $0 $0
2020 $1,958 $91,915 $0 $0
2019 $1,962 $91,915 $0 $0
2018 $1,925 $91,915 $0 $0
2017 $1,869 $86,416 $0 $0
2016 $1,715 $78,560 $0 $0
2015 $1,747 $78,560 $0 $0
2014 $1,620 $71,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Donald Wilson

    Seller's Agent in 2013

    Donald Wilson

    Willis Wilson & Associates

    (305) 335-5722

    5 in this area

    54 Total Sales

    Donald Wilson
    Section Image
  • William Willis

    Seller Co-Listing Agent in 2013

    William Willis

    Willis Wilson & Associates

    (305) 335-5722

    5 in this area

    60 Total Sales

    William Willis
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1764394

MIAMI REALTORS® MLS

APN: 01-3218-082-0160

Florida Miami/Dade County Miami 33137 Upper East Side North

551 NE 62nd St Unit 16, Miami, FL

This home is located at 551 NE 62nd St Unit 16, Miami, FL 33138 since 22 March 2013 and is currently estimated at $220,178, approximately $403 per square foot. This property was built in 1947. 551 NE 62nd St Unit 16 is a home located in Miami-Dade County with nearby schools including Morningside K-8 Academy, Horace Mann Middle School, and Miami Edison 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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