NOT LISTED FOR SALE

Estimated Value: $241,000 - $395,000

2 Beds
1.5 Baths
813 Sq Ft
$235/mo HOA Fee

Last Sold April 05, 2022

Last sale price $215,000 $264 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $2,014/month

6 Days on Market

Highlights

  • Built in 1973 | Newly Remodeled
  • Elevator
  • Tile Flooring
  • Community Pool
  • Balcony
  • 3-minute walk to Robert King High Park

About This Home

As of April 2022

Centrally located Apartment. Investors and Owner Occupants welcome. A/C was replaced a couple of years ago. The unit features 2 bedrooms/1.5 bathroom/ 3rd floor/elevator in building/pool/laundry room/ and assigned parking space. Minutes from Palmetto Xway, shops, restaurants, and public transportation. Easy to Show.

Last Agent to Sell the Property

Joel Rodriguez

Open Florida Realty, Inc. License #3347178 Listed on: 03/02/2022

Last Buyer's Agent

A. Alina Gonzalez

BHHS EWM Realty License #0647663

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,528

Year Built

  • Built in 1973 | Newly Remodeled

HOA Fees

  • $235 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 813 Sq Ft Home
  • 4-Story Property
  • Tile Flooring

Kitchen

  • Built-In Oven
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Balcony
  • South Facing Home

Listing and Financial Details

  • Assessor Parcel Number 01-40-02-028-0340

Community Details

Overview

  • Low-Rise Condominium
  • Madrid Terrace Condo
  • Madrid Terrace Condo Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Recreation

Pet Policy

  • Pets Allowed: No
  • Breed Restrictions

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,528

Year Built

Built in 1973 | Newly Remodeled

Lot Details

0

HOA Fees

$235 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • 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
  • Subdivision Name: MADRID TERRACE CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater, Electric Range, Refrigerator, Wall Oven
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 813
  • Possible Use: Investment
  • Stories: 4
  • Window Features: Hurricane Shutters
  • Bedroom Features: None

Exterior Features

  • View: None
  • Exterior Features: None, Open Balcony
  • Direction Faces: South
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MADRID TERRACE CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Limited # Of Vehicle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: No Security

Condo/Co-op/Association

  • Association Fee: 235
  • Amenities: Laundry, Elevator(s), Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-40-02-028-0340
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2528

Multi Family

  • Maintenance Expense: 235

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
Apr 5, 2022
Sold by
Gonzalez Naranjo Alaida
Bought by
Iglesia Jose Ricardo and Sampedro-Iglesia Maria
Seller's Agent
Joel Rodriguez
Open Florida Realty, Inc.
Buyer's Agent
A. Alina Gonzalez
BHHS EWM Realty
List Price
$215,000
Sold Price
$215,000
Current Estimated Value
$282,054

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,054
Avg. Annual Appreciation
7.36%
Original Mortgage
$142,500
Outstanding Balance
$132,374
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$149,680

Purchase Details

Listed on
Jan 13, 2020
Closed on
Jan 31, 2020
Sold by
Gregorio Miriam M
Bought by
Iliguera Barbaro R Silva and Naranjo Alaida Gonzalez
Seller's Agent
Marilu Chavez
MMLS Assoc.-Inactive Member
Buyer's Agent
Joel Rodriguez
Open Florida Realty, Inc.
List Price
$140,000
Sold Price
$142,500
Premium/Discount to List
$2,500
1.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.76%

Purchase Details

Closed on
Dec 11, 2006
Sold by
Menendez Jesus and Menendez Maria Delosangeles
Bought by
Menendez Jesus and Menendez Maria Delosangeles
Source: Public Records
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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
Iglesia Jose Ricardo $215,000 Riva Title
Iliguera Barbaro R Silva $142,500 Attorney
Menendez Jesus -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Iglesia Jose Ricardo $142,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2022 04/05/22 Sold $215,000 0.0% $264 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $215,000 +50.9% $264 / Sq Ft
01/31/2020 01/31/20 Sold $142,500 +1.8% $175 / Sq Ft View Prior Sale
01/14/2020 01/14/20 Pending -- -- --
01/11/2020 01/11/20 For Sale $140,000 -- $172 / 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 $3,767 $195,536 -- --
2024 $3,612 $188,015 -- --
2023 $3,612 $175,715 $0 $0
2022 $2,843 $130,900 $0 $0
2021 $2,528 $119,000 $0 $0
2020 $2,487 $119,000 $0 $0
2019 $2,244 $105,109 $0 $0
2018 $2,077 $105,109 $0 $0
2017 $1,978 $87,593 $0 $0
2016 $1,791 $79,630 $0 $0
2015 $1,660 $72,391 $0 $0
2014 $1,492 $65,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11168457

MIAMI REALTORS® MLS

APN: 01-4002-028-0340