NOT LISTED FOR SALE

601 SW 114th Ave Miami, FL 33174

Estimated Value: $696,013 - $929,000

5 Beds
3 Baths
1,797 Sq Ft
$445/Sq Ft Est. Value

Last Sold August 30, 2019

Last sale price $455,000 $253 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,105/month

461 Days on Market

Highlights

  • Newly Remodeled
  • Porch
  • Patio
  • No HOA
  • Brick Front
  • Shed

About This Home

As of August 2019

Corner Duplex area of FIU/Sweetwater close to Dolphin Mall and Doral, walking distance to university and shops, this area is in high demand! You have creative space galore in these 2 homes with additional carport and plenty of storage room. If you have a large family or your looking to rent out the value is here!!! Lot size 6133 Sq Ft. Sold in "As Is" Condition inspection welcome, Easy to Show by appointment only, Location, Location, Location!!!

Last Agent to Sell the Property

Odalys Hernandez

Exemplar Realty, LLC License #3339382 Listed on: 04/10/2019

Last Buyer's Agent

Marlene Hernandez

Nova Realty Group, Inc. License #547355

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,367

Year Built

  • Built in 1971 | Newly Remodeled

Lot Details

  • Fenced

Parking

  • 12 Parking Spaces

Home Design

  • Duplex
  • Substantially Remodeled
  • Brick Front
  • Shingle Roof
  • Aluminum Roof

Interior Spaces

  • 1,797 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds

Flooring

  • Concrete
  • Ceramic Tile

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $3,800
  • Rent includes hot water, sewer, trash collection, water
  • Assessor Parcel Number 25-40-06-001-0472

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Sweetwater Groves .193 Ac Condos
  • Sweetwater Groves .193 Ac Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,367

Year Built

Built in 1971 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1971
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Directions: Use GPS
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: SWEETWATER GROVES .193 AC
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor, Concrete
  • Living Area: 1797
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Blinds

Exterior Features

  • Roof: Aluminum, Shingle
  • Exterior Features: Barbeque, Exterior Lights
  • Construction Type: Brick, Concrete Block With Brick
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Extra Building/Shed
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • Property Condition: New Construction, Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: SWEETWATER GROVES .193 AC
  • Total Parking Spaces: 12

Utilities

  • Sewer: Septic Tank
  • Green Building Features: Laundry Facility
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 25-40-06-001-0472
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 6367

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Total Actual Rent: 3800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2019
Closed on
Aug 30, 2019
Sold by
Rivas Juan A and Rivas Gelsy
Bought by
Gonzalez Junior
Seller's Agent
Odalys Hernandez
Exemplar Realty, LLC
Buyer's Agent
Marlene Hernandez
Nova Realty Group, Inc.
List Price
$479,000
Sold Price
$455,000
Premium/Discount to List
-$24,000
-5.01%
Current Estimated Value
$799,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,003
Avg. Annual Appreciation
9.67%
Original Mortgage
$318,500
Outstanding Balance
$279,551
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$519,452

Purchase Details

Closed on
Jul 29, 2005
Sold by
Sanchez Carlos
Bought by
Rivas Juan A and Rivas Gelsy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2000
Sold by
Rene and Morales Noemi
Bought by
Sanchez Carlos

Purchase Details

Closed on
Mar 9, 2000
Sold by
Rene and Morales Noemi
Bought by
Sanchez Carlos
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
Gonzalez Junior $455,000 Attorney
Rivas Juan A $330,000 East Land Title Inc
Sanchez Carlos $100 --
Sanchez Carlos $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Junior $318,500
Previous Owner Rivas Juan A $297,000
Previous Owner Sanchez Carlos $77,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2019 08/30/19 Sold $455,000 -3.0% $253 / Sq Ft
06/28/2019 06/28/19 Price Changed $469,000 -2.1% $261 / Sq Ft
06/21/2019 06/21/19 For Sale $479,000 +5.3% $267 / Sq Ft
06/20/2019 06/20/19 Off Market $455,000 -- --
06/17/2019 06/17/19 Price Changed $479,000 -1.0% $267 / Sq Ft
06/11/2019 06/11/19 Price Changed $484,000 -0.2% $269 / Sq Ft
05/29/2019 05/29/19 Price Changed $485,000 -2.8% $270 / Sq Ft
04/15/2019 04/15/19 Price Changed $499,000 -1.2% $278 / Sq Ft
04/10/2018 04/10/18 For Sale $505,000 -- $281 / 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 $10,431 $479,542 -- --
2024 $9,210 $433,395 -- --
2023 $9,210 $393,996 $0 $0
2022 $7,987 $358,179 $0 $0
2021 $7,374 $325,618 $156,580 $169,038
2020 $7,437 $327,984 $156,580 $171,404
2019 $6,870 $304,065 $156,580 $147,485
2018 $6,367 $305,342 $156,580 $148,762
2017 $5,817 $244,106 $0 $0
2016 $5,509 $221,915 $0 $0
2015 $4,695 $201,741 $0 $0
2014 $4,267 $183,401 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Odalys Hernandez

    Seller's Agent in 2019

    Odalys Hernandez

    Exemplar Realty, LLC

    (786) 222-9164

    1 in this area

    47 Total Sales

    Odalys Hernandez
    Section Image
  • Marlene Hernandez

    Buyer's Agent in 2019

    Marlene Hernandez

    Nova Realty Group, Inc.

    (305) 498-3775

    48 Total Sales

    Marlene Hernandez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10654408

MIAMI REALTORS® MLS

APN: 25-4006-001-0472

Florida Miami/Dade County Miami 33174

601 SW 114th Ave, Miami, FL

This home is located at 601 SW 114th Ave, Miami, FL 33174 since 10 April 2019 and is currently estimated at $799,003, approximately $444 per square foot. This property was built in 1971. 601 SW 114th Ave is a home located in Miami-Dade County with nearby schools including Dr. Carlos J. Finlay Elementary School, Paul W. Bell Middle School, and G. Holmes Braddock 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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