NOT LISTED FOR SALE

Estimated Value: $226,000 - $268,000

1 Bed
1 Bath
516 Sq Ft
$243/mo HOA Fee

Last Sold October 20, 2017

Last sale price $155,000 $300 Per Sq Ft

Est. 88% increase in value since last sale

Current estimated payment $2,115/month

31 Days on Market

Highlights

  • Marble Flooring
  • Community Pool
  • Central Heating and Cooling System
  • Garden View
  • Balcony
  • Ceiling Fan

About This Home

As of October 2017

Updated 1/1 in Morningside Palms. Secured entry gate system, assigned parking, elevator, laundry on premises. Unit has bamboo wood floors, marble bathroom and kitchen with granite counter tops and stainless steel appliances. Private balcony off of bedroom. Central AC and Hurricane Impact windows. Tropically landscaped pool and patio area. 1 block to Bay, close to Morningside Park. Walk to dining and shopping in up-and-coming MiMo District. Easy access to Beaches, Downtown and I-95. Currently rented to a long term tenant on month-month basis who would like to stay!

Last Agent to Sell the Property

Dan Blakeman

Quadra Real Estate + Advisory, LLC License #0461780 Listed on: 08/31/2017

Last Buyer's Agent

Damian Silvi

One Sotheby's International Realty License #3219989

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,029

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • South Facing Home
  • Fenced

HOA Fees

  • $243 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Garden
  • Pool

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 516 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan

Kitchen

  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 01-32-18-078-0110

Community Details

Overview

  • 14 Units
  • Low-Rise Condominium
  • Morningside Palms Condos
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Complex Is Fenced
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,029

Year Built

Built in 1972 | Remodeled

Lot Details

0

HOA Fees

$243 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1972
  • Property Sub Type: Condominium
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Electric Range, Refrigerator
  • Interior Amenities: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 516
  • Possible Use: Investment
  • Stories: 3
  • Bedroom Features: Other

Exterior Features

  • View: Garden View, Pool Area View
  • Exterior Features: East Of Us1, Exterior Cat Walk, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Morningside Palms
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Other, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Smoke Detector, Complex Fenced

Condo/Co-op/Association

  • Association Fee: 243
  • Amenities: Laundry, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-18-078-0110
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 243
  • Number Of Units In Community: 14
  • Number Of Units Total: 14

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 3, 2020
Sold by
Silvi Damian
Bought by
Kiusar Llc
Current Estimated Value
$290,679

Purchase Details

Listed on
Aug 31, 2017
Closed on
Oct 20, 2017
Sold by
Giachini Walter R and Giachini Diana P
Bought by
Silvi Damian
Seller's Agent
Dan Blakeman
Quadra Real Estate + Advisory, LLC
Buyer's Agent
Damian Silvi
One Sotheby's International Realty
List Price
$169,000
Sold Price
$155,000
Premium/Discount to List
-$14,000
-8.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$116,250
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2006
Sold by
S B M I Iii Llc
Bought by
Giachini Walter R and Giachini Diana P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
6.41%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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
Kiusar Llc $153,000 Attorney
Silvi Damian $155,000 Attorney
Giachini Walter R $190,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silvi Damian $116,250
Previous Owner Giachini Walter R $132,590
Previous Owner Giachini Walter R $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2017 10/20/17 Sold $155,000 -8.3% $300 / Sq Ft
10/01/2017 10/01/17 Pending -- -- --
08/31/2017 08/31/17 For Sale $169,000 -- $328 / 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 $3,359 $177,245 -- --
2024 $3,242 $161,132 -- --
2023 $3,242 $146,484 $0 $0
2022 $2,905 $133,168 $0 $0
2021 $2,572 $121,062 $0 $0
2020 $2,456 $115,297 $0 $0
2019 $2,675 $125,323 $0 $0
2018 $2,625 $125,323 $0 $0
2017 $2,064 $79,026 $0 $0
2016 $2,029 $71,842 $0 $0
2015 $1,109 $65,311 $0 $0
2014 $1,109 $59,374 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10337145

MIAMI REALTORS® MLS

APN: 01-3218-078-0110