NOT LISTED FOR SALE

Estimated Value: $412,058 - $566,000

4 Beds
2 Baths
1,004 Sq Ft
$498/Sq Ft Est. Value

Last Sold October 19, 2012

Last sale price $37,000 $37 Per Sq Ft

Est. 1,168% increase in value since last sale

Current estimated payment $2,755/month

95 Days on Market

Highlights

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

About This Home

As of October 2012

Great business opportunity. Duplex in Miami. Each unit has 2 bedrooms and 1 bath. Is in need of repairs and some TLC . Cash buyers only.

Last Agent to Sell the Property

Alicia Swan-Hayes

The R E Experts of South Fla License #0675996 Listed on: 05/22/2012

Last Buyer's Agent

Alicia Swan-Hayes

The R E Experts of South Fla License #0675996 Listed on: 05/22/2012

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,004 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Additional Features

  • Lot Dimensions are 4000x103
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • 7Th Ave Highlands Condos
  • 7Th Ave Highlands Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-31-13-024-1530

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1957
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Directions: SEE MAPQUEST
  • Horses: No
  • Lot Size: 4000x103
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: 7TH AVE HIGHLANDS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • LastStatus: Active
  • CurrentPrice: 37000
  • InternetRemarks: Unapproved short sale. Cash only. Property is a handyman special and need some TLC. Great investment opportunity.
  • Special Features: 12
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1004
  • Possible Use: Investment
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: 7TH AVE HIGHLANDS
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • 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: 01-31-13-024-1530
  • Zoning: 57/GENER

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 1031

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 28, 2014
Sold by
Mlk Restaurant Inc
Bought by
Presidential Investment Group Lc1 Llc
Current Estimated Value
$469,279

Purchase Details

Listed on
May 22, 2012
Closed on
Oct 22, 2012
Sold by
Randle Eddie and Randle Gailya
Bought by
Mlk Restaurant Inc
Seller's Agent
Alicia Swan-Hayes
The R E Experts of South Fla
Buyer's Agent
Alicia Swan-Hayes
The R E Experts of South Fla
List Price
$35,000
Sold Price
$37,000
Premium/Discount to List
$2,000
5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.68%

Purchase Details

Closed on
Apr 17, 2007
Sold by
Glorius Robert F and Glorius Lillian
Bought by
Randle Eddie and Randle Gailya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
10.3%
Mortgage Type
Unknown
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
Presidential Investment Group Lc1 Llc -- Attorney
Mlk Restaurant Inc $37,000 Ad Valorem Title Llc
Randle Eddie $130,000 Titleperfect Inc
Glorius Robert F -- Titleperfect Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Randle Eddie $117,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2012 10/19/12 Sold $37,000 +5.7% $37 / Sq Ft
08/25/2012 08/25/12 Pending -- -- --
05/22/2012 05/22/12 For Sale $35,000 -- $35 / 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 $3,816 $107,412 -- --
2024 $3,608 $97,648 -- --
2023 $3,608 $88,771 $0 $0
2022 $3,083 $80,341 $0 $0
2021 $2,757 $73,038 $0 $0
2020 $2,518 $114,585 $55,370 $59,215
2019 $2,409 $110,755 $51,540 $59,215
2018 $2,010 $69,850 $34,128 $35,722
2017 $1,935 $49,888 $0 $0
2016 $1,795 $45,353 $0 $0
2015 $1,677 $41,230 $0 $0
2014 $1,468 $31,207 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1705908

MIAMI REALTORS® MLS

APN: 01-3113-024-1530