NOT LISTED FOR SALE

Estimated Value: $196,255 - $258,000

2 Beds
1.5 Baths
1,000 Sq Ft
$225/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $79,800 $80 Per Sq Ft

Est. 182% increase in value since last sale

Current estimated payment $1,366/month

17 Days on Market

Highlights

  • Views
  • Central Heating and Cooling System
  • 1 Car Garage

About This Home

As of May 2018

Amazing opportunity in Homestead! This 2-bedroom 1.5-bathroom townhouse is in a complex that rarely has units on the market! This two-story property is perfect for a starter family, or an investor looking to rent. Centrally located, easy access to major highways. Less than 15 minutes to Homestead AFB and many retail options. All Condo Association information to be verified by Buyer.

Last Agent to Sell the Property

Cinthia Ane-McGreevy

Ane' & Co. License #0684699 Listed on: 05/10/2018

Ane' & Co.

Last Buyer's Agent

Cathi DeRosa

DeRosa Realty License #3315538

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $954

Year Built

  • Built in 1981

Parking

  • 1 Car Garage

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 10-79-17-015-0040

Community Details

Overview

  • Property has a Home Owners Association
  • Rainbow Villas Condo
  • Rainbow Villas Condo Subdivision

Pet Policy

  • Breed Restrictions

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$954

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1981
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Townhouse, Condo
  • Subdivision Name: RAINBOW VILLAS CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1000
  • Possible Use: Unknown/Withheld
  • Stories: 1
  • Bedroom Features: Entry Level

Exterior Features

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

Garage/Parking

  • Park Building Name: RAINBOW VILLAS CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Other

Utilities

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

Condo/Co-op/Association

  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 10-79-17-015-0040
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 954

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2018
Closed on
May 29, 2018
Sold by
U S Bank Na
Bought by
Red Star Investment Llc
Seller's Agent
Cinthia Ane-McGreevy
Ane' & Co.
Buyer's Agent
Cathi DeRosa
DeRosa Realty
List Price
$97,000
Sold Price
$79,800
Premium/Discount to List
-$17,200
-17.73%
Current Estimated Value
$225,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,514
Avg. Annual Appreciation
15.04%

Purchase Details

Listed on
May 10, 2018
Closed on
Apr 5, 2018
Sold by
Mena Elizabeth
Bought by
U S Bank Na
Seller's Agent
Cinthia Ane-McGreevy
Ane' & Co.
Buyer's Agent
Cathi DeRosa
DeRosa Realty
List Price
$97,000
Sold Price
$79,800
Premium/Discount to List
-$17,200
-17.73%

Purchase Details

Closed on
Sep 14, 2005
Sold by
Baquet Pedro and Baquet Yolanda
Bought by
Mena Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
1.37%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 11, 1996
Sold by
Rainbow Villas Dev Corp
Bought by
Baquet Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,600
Interest Rate
7.77%
Mortgage Type
New Conventional
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
Red Star Investment Llc $79,800 Attorney
U S Bank Na $1,100 None Available
Mena Elizabeth $120,000 --
Baquet Pedro $62,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mena Elizabeth $96,000
Previous Owner Baquet Pedro $49,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2018 05/31/18 Sold $79,800 -17.7% $80 / Sq Ft
05/26/2018 05/26/18 Pending -- -- --
05/09/2018 05/09/18 For Sale $97,000 -- $97 / 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 $2,101 $110,057 -- --
2024 $2,019 $100,052 -- --
2023 $2,019 $95,287 $0 $0
2022 $1,850 $86,625 $0 $0
2021 $1,734 $78,750 $0 $0
2020 $1,740 $78,750 $0 $0
2019 $1,747 $78,750 $0 $0
2018 $1,096 $75,000 $0 $0
2017 $954 $35,708 $0 $0
2016 $803 $32,462 $0 $0
2015 $728 $29,511 $0 $0
2014 $713 $26,829 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10460266

MIAMI REALTORS® MLS

APN: 10-7917-015-0040