NOT LISTED FOR SALE

Estimated Value: $514,784 - $823,000

4 Beds
2 Baths
1,540 Sq Ft
$416/Sq Ft Est. Value

Last Sold June 17, 2022

Last sale price $505,000 $328 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,696/month

76 Days on Market

Highlights

  • No HOA
  • Terrazzo Flooring
  • Heating System Mounted To A Wall or Window
  • Cooling System Mounted To A Wall/Window
  • Fenced
  • 1-Story Property

About This Home

As of June 2022

Residential Income Duplex located in most sought area of Little Haiti and adjacent to the Magic City Innovation development district. Both units are vacant. Refrigerator, stove/oven in unit 5802 not included with sale. Sold As-Is. Proof of funds required with offer.

Last Agent to Sell the Property

Patricia Calderon

Vision Realty LLC License #3056991 Listed on: 03/22/2022

Co-Listed By

Adam Sochet

Vision Realty LLC License #644116

Last Buyer's Agent

Joe Azar

Douglas Elliman License #3375463

Douglas Elliman

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,328

Year Built

  • Built in 1957

Lot Details

  • Fenced

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 2 Units
  • Dixie Highway Track Condos
  • Dixie Highway Track Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-13-065-1553

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,328

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1957
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Co List Office Mls Id: VREL01
  • Co List Office Phone: 305-858-2700
  • Directions: Proceed to North Miami Avenue and turn right on NE 54 ST Turn left on NE 2nd AVE towards NE 58 ST and turn on 2nd left on NE 3rd Avenue. Property located on east side of NE 3rd Ave.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: DIXIE HIGHWAY TRACK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Other, Terrazzo
  • Living Area: 1540
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: DIXIE HIGHWAY TRACK
  • Total Parking Spaces: 2

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-13-065-1553
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3328

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2022
Closed on
Jun 17, 2022
Sold by
Luis Sanchez
Bought by
Azar Joseph
Seller's Agent
Patricia Calderon
Vision Realty LLC
Buyer's Agent
Joe Azar
Douglas Elliman
List Price
$489,000
Sold Price
$505,000
Premium/Discount to List
$16,000
3.27%
Current Estimated Value
$728,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,642
Avg. Annual Appreciation
12.40%
Original Mortgage
$378,750
Outstanding Balance
$361,402
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$370,010

Purchase Details

Closed on
Aug 7, 2007
Sold by
Mondy
Bought by
Sanchez Luis
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Azar Joseph $505,000 New Title Company Name
Sanchez Luis -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Azar Joseph $378,750
Previous Owner Sanchez Luis $165,375
Previous Owner Sanchez Luis $185,250
Previous Owner Sanchez Luis $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2022 06/17/22 Sold $505,000 +1.0% $328 / Sq Ft
05/04/2022 05/04/22 Price Changed $500,000 +2.2% $325 / Sq Ft
04/01/2022 04/01/22 For Sale $489,000 -- $318 / 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 $8,711 $398,920 $192,700 $206,220
2024 $8,447 $396,871 $187,942 $208,929
2023 $8,447 $373,952 $162,313 $211,639
2022 $3,647 $95,439 $0 $0
2021 $3,328 $86,763 $0 $0
2020 $3,083 $169,044 $75,258 $93,786
2019 $2,986 $169,044 $75,258 $93,786
2018 $2,491 $119,517 $63,054 $56,463
2017 $2,359 $59,262 $0 $0
2016 $2,040 $53,875 $0 $0
2015 $1,916 $48,978 $0 $0
2014 $1,770 $44,526 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11177395

MIAMI REALTORS® MLS

APN: 01-3113-065-1553