NOT LISTED FOR SALE

Estimated Value: $598,000 - $910,000

6 Beds
4 Baths
2,276 Sq Ft
$302/Sq Ft Est. Value

Last Sold April 25, 2022

Last sale price $500,000 $220 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,632/month

232 Days on Market

Highlights

  • Old Spanish Architecture
  • Cooling Available
  • Central Heating
  • No HOA
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

As of April 2022

RARE SPANISH STYLE TWO STORY DUPLEX IN NORTHWOOD AREA. BELOW MARKET RENTS. 3/2 EACH UNIT. ALMOST 1200 SQ. FT. EACH. BOTH UNITS UPDATED THRUOUT. BRAND NEW CENTRAL A/C UNITS (2021). EXTERIOR PAINTED (2022) LARGE FENCED BACKYARD BIG ENOUGH TO POSSIBLY BUILD ADDITIONAL INCOME UNIT TO MAXIMIZE INVESTMENT. DOUBLE DRIVEWAY FOR PARKING RUNS THE ENTIRE LENGTH OF LOT. ALSO STREET SIDE PARKING. PRIVATE ACCESS ROAD AT REAR OF PROPERTY. LOTS OF POTENTIAL VALUE ADDS. RENTS CAN EASILY BE RAISED TO $1,900 EACH UNIT. INVESTOR OR OWNER OCCUPIED OPPURTUNITY. AREA REVITALIZATION IN PROGRESS FOR EQUITY APPREICIATION & HIGHER RENTS. DRIVE BY OK ON 33RD ST. PLEASE DO NOT DISTURB TENANTS OR WALK PROPERTY. PICTURES ARE CURRENT. NO SIGN CURRENTLY ON PROPERTY. SEPERATE ELECTRIC METERS. OWNER PAYS WATER

Last Agent to Sell the Property

hugh THOMPSON

Elite Real Estate Solutions License #0554523 Listed on: 09/10/2021

Last Buyer's Agent

Suzanne Hendricks

RE/MAX Allstars License #3253200

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,720

Year Built

  • Built in 1938

Lot Details

  • 5,968

Parking

  • 10 Parking Spaces

Home Design

  • Duplex
  • Old Spanish Architecture
  • Double-layered roof that provides insulation
  • Flat Roof with Façade front
  • Stucco Exterior

Interior Spaces

  • 2,276 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association
  • 2 Units
  • Northwood Add Condos
  • Northwood Add Subdivision

Listing and Financial Details

  • Assessor Parcel Number 74434309050400080

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,720

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1938
  • Property Sub Type: Duplex
  • Architectural Style: Attached, Old Spanish
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: NORTHWOOD ADD
  • Year Built Details: Unknown
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Yn: No
  • Flooring: Ceramic Floor
  • Living Area: 2276
  • Possible Use: Primary
  • Stories: 2

Exterior Features

  • Roof: Flat Roof With Facade Front, Other, Roof Over
  • Construction Type: Frame With Stucco, Other, Stucco
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: NORTHWOOD ADD
  • Total Parking Spaces: 10

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 74434309050400080
  • Zoning: RES
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5720

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Apr 22, 2022
Sold by
Prestige Property Investor Inc
Bought by
Walters Jermaine and Hepburn Ivy
Seller's Agent
hugh THOMPSON
Elite Real Estate Solutions
Buyer's Agent
Suzanne Hendricks
RE/MAX Allstars
List Price
$519,000
Sold Price
$500,000
Premium/Discount to List
-$19,000
-3.66%
Total Days on Market
232
Current Estimated Value
$687,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,736
Avg. Annual Appreciation
8.28%
Original Mortgage
$490,943
Outstanding Balance
$466,075
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$175,891

Purchase Details

Closed on
Feb 13, 2018
Sold by
America Engineerig & Contactors Inc
Bought by
Prestige Property Investors Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,625
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2012
Sold by
Hasseli Pahneez
Bought by
American Engineering & Contractors Inc

Purchase Details

Closed on
Mar 1, 2011
Sold by
Hasseli Sheila
Bought by
Hasseli Pahneez

Purchase Details

Closed on
Feb 9, 2011
Sold by
American Engineering & Contractors Inc
Bought by
Hasseli Sheila

Purchase Details

Closed on
Dec 1, 2004
Sold by
Medalian Jay
Bought by
American Engineering & Constractors Inc

Purchase Details

Closed on
Oct 17, 2002
Sold by
Burlon Angelo A
Bought by
Medalian Jay

Purchase Details

Closed on
Jun 16, 1999
Sold by
Patel Manoj
Bought by
Burlon Angelo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 1996
Sold by
Sheffield Jerry C and Sheffield Marjorie
Bought by
Patel Manoj

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,650
Interest Rate
7.85%
Mortgage Type
Purchase Money Mortgage
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
Walters Jermaine $500,000 Empire Title Services
Walters Jermaine $500,000 Empire Title Services
Prestige Property Investors Inc $243,500 None Available
American Engineering & Contractors Inc -- None Available
Hasseli Pahneez -- None Available
Hasseli Sheila -- None Available
American Engineering & Constractors Inc $90,000 First Fidelity Title Inc
Medalian Jay $58,100 --
Burlon Angelo $33,300 --
Patel Manoj $49,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walters Jermaine $490,943
Closed Walters Jermaine $490,943
Previous Owner Prestige Property Investors Inc $182,625
Previous Owner Patel Manoj $36,000
Previous Owner Patel Manoj $27,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2022 04/25/22 Sold $500,000 -3.7% $220 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
09/02/2021 09/02/21 For Sale $519,000 -- $228 / 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 $11,789 $422,652 -- --
2023 $8,322 $384,229 $84,360 $299,869
2022 $6,815 $293,543 $0 $0
2021 $6,276 $278,562 $30,000 $248,562
2020 $5,720 $242,597 $30,000 $212,597
2019 $5,481 $229,299 $28,000 $201,299
2018 $3,287 $152,339 $19,772 $132,567
2017 $3,028 $141,750 $15,209 $126,541
2016 $2,874 $109,155 $0 $0
2015 $2,610 $99,232 $0 $0
2014 $2,490 $90,211 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11096771

MIAMI REALTORS® MLS

APN: 74-43-43-09-05-040-0080