NOT LISTED FOR SALE

Estimated Value: $852,137

29 Beds
29 Baths
-- Sq Ft
0.25 Acres

Last Sold March 20, 2014

Last sale price $207,000

Est. 312% increase in value since last sale

Current estimated payment $5,392/month

24 Days on Market

About This Home

As of March 2014

This home is located at 637 NW 2nd St, Miami, FL 33128 since 24 January 2014 and is currently priced at $852,137. 637 NW 2nd St is a home located in Miami-Dade County with nearby schools including Riverside Elementary Community School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Last Agent to Sell the Property

Zachary Zurich

Socialite Realty, LLC License #0668454 Listed on: 01/24/2014

Last Buyer's Agent

Zachary Zurich

Socialite Realty, LLC License #0668454 Listed on: 01/24/2014

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,449

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 50x150

Home Design

Location

  • City Lot

Community Details

  • No Home Owners Association
  • City Of Miami South Condos
  • City Of Miami South Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-02-00-040-1110

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,449

Lot Details

0

Listing Details

  • Property Type: Commercial Land
  • Property Sub Type: Multi Family
  • Horses: No
  • Lot Size Acres: 0.25
  • Lot Size: 50x150
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Structure Type: Multi Family
  • Subdivision Name: CITY OF MIAMI SOUTH
  • Special Features: RealEstateOwned

Interior Features

  • Possible Use: Investment, Urban Commercial

Exterior Features

  • Lot Features: City Location, Less Than 1 Acre
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: CITY OF MIAMI SOUTH

Utilities

  • Sewer: Public Sanitation
  • Water Source: Municipal Water, Other
  • Utilities: No Utilities, None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-02-00-040-1110
  • Additional Parcels: No
  • Current Use: Unimproved Multi Family (5+Units)
  • Lot Size Sq Ft: 7500
  • Zoning: 50/GEN H
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2449

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2017
Sold by
637 Nw 2Nd Street Llc
Bought by
Nw 637 Llc
Current Estimated Value
$852,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 24, 2014
Closed on
Mar 17, 2014
Sold by
Eight Peaks Capital Llc
Bought by
637 Nw 2Nd Street Llc
Seller's Agent
Zachary Zurich
Socialite Realty, LLC
Buyer's Agent
Zachary Zurich
Socialite Realty, LLC
List Price
$189,900
Sold Price
$207,000
Premium/Discount to List
$17,100
9%

Purchase Details

Listed on
Jan 24, 2014
Closed on
Feb 13, 2014
Sold by
Marcano & Co Pa Fl Corp
Bought by
Eight Peaks Capital Llc
Seller's Agent
Zachary Zurich
Socialite Realty, LLC
Buyer's Agent
Zachary Zurich
Socialite Realty, LLC
List Price
$189,900
Sold Price
$207,000
Premium/Discount to List
$17,100
9%

Purchase Details

Closed on
Apr 30, 2008
Sold by
Zurich Zachary
Bought by
Marcano & Co Pa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.62%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 20, 2008
Sold by
River South I Inc
Bought by
Marcano & Co Pa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.62%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 13, 2008
Sold by
River South I Inc
Bought by
Zurich Zachary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.62%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 20, 2006
Sold by
G & P Investments Llc
Bought by
River South I Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.19%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 2, 2005
Sold by
Y & T Management Inc
Bought by
G & P Investments Llc

Purchase Details

Closed on
Feb 12, 2003
Sold by
Sixplex Inc
Bought by
Y & T Management Inc

Purchase Details

Closed on
Mar 10, 1999
Sold by
Cooper Ellen
Bought by
Sixplex Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
6.73%
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
Nw 637 Llc $450,000 Attorney
637 Nw 2Nd Street Llc $207,000 Attorney
Eight Peaks Capital Llc $600 None Available
Marcano & Co Pa -- Attorney
Marcano & Co Pa $254,800 Attorney
Zurich Zachary -- None Available
River South I Inc $420,000 Attorney
G & P Investments Llc $370,000 --
Y & T Management Inc $120,000 --
Sixplex Inc $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nw 637 Llc $3,250,000
Closed Nw 637 Llc $2,520,000
Closed Nw 637 Llc $225,000
Previous Owner Marcano & Co Pa $130,000
Previous Owner River South I Inc $210,000
Previous Owner Sixplex Inc $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/20/2014 03/20/14 Sold $207,000 +9.0% --
02/17/2014 02/17/14 Pending -- -- --
01/24/2014 01/24/14 For Sale $189,900 -- --
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 $42,671 $2,180,000 $1,275,000 $905,000
2024 $15,084 $2,150,177 $1,050,000 $1,100,177
2023 $15,084 $653,400 $0 $0
2022 $12,779 $594,000 $0 $0
2021 $11,473 $544,500 $0 $0
2020 $10,756 $525,000 $525,000 $0
2019 $9,606 $450,000 $450,000 $0
2018 $9,425 $450,000 $450,000 $0
2017 $6,887 $245,025 $0 $0
2016 $5,976 $222,750 $0 $0
2015 $4,503 $202,500 $0 $0
2014 $2,816 $89,842 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1897779

MIAMI REALTORS® MLS

APN: 01-0200-040-1110