NOT LISTED FOR SALE

Estimated Value: $709,528 - $880,000

5 Beds
3 Baths
2,517 Sq Ft
$310/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $520,000 $207 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,007/month

13 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Ceramic Tile Flooring

About This Home

As of November 2021

Great investment opportunity in this completely rented triplex which is already generating income. Property has been remodeled and has two separate meters and water meters.

Last Agent to Sell the Property

Rudy Rodriguez

The Canero Group License #0695673 Listed on: 03/10/2021

Last Buyer's Agent

Dafne Lucero

DeMar Realty License #3210549

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,321

Year Built

  • Built in 1950

Lot Details

  • 9,627

Parking

  • 7 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof

Interior Spaces

  • 2,517 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3 Units
  • 6Th Addn To Hialeah Condos
  • 6Th Addn To Hialeah Subdivision

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 04-31-08-007-3410

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,321

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1950
  • Property Sub Type: Triplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: 6TH ADDN TO HIALEAH
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 2517
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 6TH ADDN TO HIALEAH
  • Total Parking Spaces: 7

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: 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: 04-31-08-007-3410
  • Zoning: 5400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6321

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2021
Closed on
Nov 4, 2021
Sold by
Ormazabal Walter and Ormazabal Walter Gerardo
Bought by
Chiong Christian Suarez
Seller's Agent
Rudy Rodriguez
The Canero Group
Buyer's Agent
Dafne Lucero
DeMar Realty
List Price
$495,000
Sold Price
$520,000
Premium/Discount to List
$25,000
5.05%
Current Estimated Value
$779,882

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,882
Avg. Annual Appreciation
13.05%
Original Mortgage
$548,168
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2006
Sold by
Braceras Elizabeth
Bought by
Ormazabal Walter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.2%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 31, 1996
Sold by
Moreda Maria Z
Bought by
Moreda Maria Z
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
Chiong Christian Suarez $520,000 Attorney
Ormazabal Walter $361,000 Attorney
Moreda Maria Z $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chiong Christian Suarez $548,168
Previous Owner Ormazabal Walter G $269,000
Previous Owner Ormazabal Walter $285,000
Previous Owner Braceras Elizabeth $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $520,000 0.0% $207 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/18/2021 03/18/21 Price Changed $520,000 +5.1% $207 / Sq Ft
03/09/2021 03/09/21 For Sale $495,000 -- $197 / 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 $9,099 $541,492 -- --
2024 $8,196 $507,692 -- --
2023 $8,196 $477,752 $0 $0
2022 $7,704 $451,909 $197,324 $254,585
2021 $6,858 $351,964 $0 $0
2020 $6,321 $339,181 $151,966 $187,215
2019 $5,803 $314,303 $144,682 $169,621
2018 $5,351 $315,572 $144,682 $170,890
2017 $4,910 $240,398 $0 $0
2016 $4,432 $218,544 $0 $0
2015 $4,134 $198,677 $0 $0
2014 $3,873 $180,616 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11011131

MIAMI REALTORS® MLS

APN: 04-3108-007-3410