NOT LISTED FOR SALE

Madrid Terrace 6820 W Flagler St Unit 409 Miami, FL 33144

Flagami Neighborhood

Estimated Value: $249,000 - $286,000

2 Beds
1.5 Baths
813 Sq Ft
$200/mo HOA Fee

Last Sold January 18, 2021

Last sale price $160,000 $197 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $1,963/month

12 Days on Market

Highlights

  • Balcony
  • Central Heating and Cooling System
  • 3-minute walk to Robert King High Park
  • Ceramic Tile Flooring
  • Combination Dining and Living Room

About This Home

As of January 2021

Cozy apartment kept in very good condition . 2 bedrooms, 1.5 baths, ceramic floors, open balcony, A/C approximately 6 yrs. old. balcony looking to W Flagler St. One assigned parking space and the availability to rent a second space. This is a centrally located building, new elevator, the roof is only 2 yrs. old. low HOA, right on West Flagler and walking distance to shopping centers, restaurant and more. Excellent long term tenant occupied on a month to month basis. Great opportunity, it won't last!! Property will be vacant as of December 1st, 2020.

Last Agent to Sell the Property

Ileana McNulty

The Keyes Company License #0527074 Listed on: 11/20/2020

The Keyes Company

Last Buyer's Agent

MAR NON-MEMBER

NO MLS PARTICIPATION (MAR) License #0

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,281

Year Built

  • Built in 1973

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 813 Sq Ft Home
  • 4-Story Property
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-40-02-028-0460

Community Details

Overview

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

Pet Policy

  • No Pets Allowed

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,281

Year Built

Built in 1973

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Property Sub Type: Condominium
  • Entry Level: 4
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: MADRID TERRACE CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 813
  • Possible Use: Unknown/Withheld
  • Stories: 4
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: None
  • Exterior Features: Exterior Cat Walk, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Madrid Terrace Condo
  • Parking Features: 1 Space

Utilities

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

Condo/Co-op/Association

  • Association Fee: 200
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-40-02-028-0460
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 200

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2281

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Jan 15, 2021
Sold by
Pallares Gladys and Cervantes Lourdes
Bought by
Lujan Hermys
Seller's Agent
Ileana McNulty
The Keyes Company
Buyer's Agent
MAR NON-MEMBER
NO MLS PARTICIPATION (MAR)
List Price
$160,000
Sold Price
$160,000
Current Estimated Value
$265,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,266
Avg. Annual Appreciation
11.96%
Original Mortgage
$152,000
Outstanding Balance
$136,141
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$131,366

Purchase Details

Closed on
Aug 2, 2010
Sold by
Cervantes Lourdes and Pallares Gladys
Bought by
Pallares Gladys
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
Lujan Hermys $160,000 Posh Title Services Inc
Pallares Gladys -- Attorney
Cervantes Lourdes -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lujan Hermys $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/18/2021 01/18/21 Sold $160,000 0.0% $197 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
11/19/2020 11/19/20 For Sale $160,000 -- $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 $3,724 $195,536 -- --
2024 $3,506 $184,882 -- --
2023 $3,506 $168,075 $0 $0
2022 $3,150 $152,796 $0 $0
2021 $2,528 $119,000 $0 $0
2020 $2,514 $119,000 $0 $0
2019 $2,281 $106,839 $0 $0
2018 $2,111 $106,839 $0 $0
2017 $2,011 $89,029 $0 $0
2016 $1,820 $80,936 $0 $0
2015 $1,687 $73,579 $0 $0
2014 $1,517 $66,890 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10960705

MIAMI REALTORS® MLS

APN: 01-4002-028-0460