NOT LISTED FOR SALE

5955 NW 38th St Virginia Gardens, FL 33166

Estimated Value: $716,456 - $958,000

4 Beds
4 Baths
1,760 Sq Ft
$496/Sq Ft Est. Value

Last Sold August 31, 2022

Last sale price $640,000 $364 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $5,710/month

116 Days on Market

Highlights

  • Newly Remodeled
  • Tile Flooring
  • Ceiling Fan
  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of August 2022

This is a rare opportunity to own one or TWO duplex properties in V.G. and both next door to each other! Each unit is 2 bed & 1 bath (or 2/2 depending on the property, as per MLS). Open floor plan, all tile, no carpet. Private parking for all your tenants. Each unit has a private fenced in backyard and a washer/dryer for each unit. Barrel Tile Roof is in good condition and the property is located in a great neighborhood. Zoned for Miami Springs schools. Property has long term tenants with a good potential to increase rents in accordance with market trends.
Also available is A11190716

Last Agent to Sell the Property

Sean Pascale

The Leonard Real Estate Group License #3326620 Listed on: 04/21/2022

Co-Listed By

Carlos Leonard

The Leonard Real Estate Group License #0401627

Last Buyer's Agent

Barbara Y. Rodriguez

Realty World Executive Homes License #3272942

Realty World Executive Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,198

Year Built

  • Built in 1995 | Newly Remodeled

Lot Details

  • 7,144

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Barrel Roof Shape

Interior Spaces

  • 1,760 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • De Armas Sub Condos
  • De Armas Sub Subdivision

Listing and Financial Details

  • Rent includes gardener, trash collection
  • Assessor Parcel Number 26-30-25-030-0030

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,198

Year Built

Built in 1995 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1995
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Co List Office Mls Id: LREG01
  • Co List Office Phone: 305-726-8416
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: DE ARMAS SUB
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1760
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Barrel Roof
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: DE ARMAS SUB
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 26-30-25-030-0030
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Trash Collection

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7198

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Aug 31, 2022
Sold by
5955-57 Llc
Bought by
Dotres Margarita
Seller's Agent
Sean Pascale
The Leonard Real Estate Group
Buyer's Agent
Barbara Y. Rodriguez
Realty World Executive Homes
List Price
$749,900
Sold Price
$640,000
Premium/Discount to List
-$109,900
-14.66%
Views
10
Current Estimated Value
$873,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$233,114
Avg. Annual Appreciation
9.75%
Original Mortgage
$480,000
Outstanding Balance
$462,664
Interest Rate
5.54%
Mortgage Type
New Conventional
Estimated Equity
$374,848

Purchase Details

Closed on
May 10, 2019
Sold by
Hidalgo Alan
Bought by
54955 57 Llc

Purchase Details

Closed on
Feb 20, 2008
Sold by
Hidalgo Antonio and Hidalgo Paquita
Bought by
Hidalgo Paquita

Purchase Details

Closed on
Sep 29, 2006
Sold by
Hidalgo Paquita
Bought by
Hidalgo Antonio and Hidalgo Paquita

Purchase Details

Closed on
Apr 15, 1996
Sold by
Paquita and Hidalgo Antonio
Bought by
Hidalgo Paquita

Purchase Details

Closed on
May 13, 1994
Sold by
Dearmas Alberto R and De Armas Alma I
Bought by
Hidalgo Antonio and Hidalgo Paquita
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
Dotres Margarita $640,000 --
54955 57 Llc -- Attorney
Hidalgo Paquita -- Attorney
Hidalgo Antonio -- Attorney
Hidalgo Paquita $100 --
Hidalgo Antonio $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dotres Margarita $480,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2022 08/31/22 Sold $640,000 -7.1% $364 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
06/30/2022 06/30/22 Price Changed $689,000 -1.6% $391 / Sq Ft
05/19/2022 05/19/22 Price Changed $699,999 -6.7% $398 / Sq Ft
04/21/2022 04/21/22 For Sale $749,900 -- $426 / 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 $10,485 $539,968 $318,264 $221,704
2023 $10,485 $524,389 $300,384 $224,005
2022 $7,898 $384,806 $0 $0
2021 $7,198 $349,824 $185,952 $163,872
2020 $7,000 $337,705 $171,648 $166,057
2019 $7,096 $339,890 $171,648 $168,242
2018 $6,343 $310,390 $148,762 $161,628
2017 $6,078 $293,151 $0 $0
2016 $5,935 $278,135 $0 $0
2015 $5,464 $252,850 $0 $0
2014 $5,028 $229,864 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11190720

MIAMI REALTORS® MLS

APN: 26-3025-030-0030