$141,750
SOLD JUN 11, 2020

6850 SW 2nd Terrace Miami, FL 33144

Flagami Neighborhood
2 Beds
2 Baths
1,071 Sq Ft
6,000 Sq Ft Lot

Recently Sold

$132 Per Sq Ft

32% Below List Price

81 Days on Market

Highlights

  • No HOA
  • Terrazzo Flooring
  • 1 Attached Carport Space
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property
  • 5-minute walk to Robert King High Park

About This Home

As of September 2022

****ONLINE AUCTION 4/6-4/8****Prime central location in the City of Miami. Excellent opportunity to bring your ideas and rehab this single family home to your taste. Solid, established single family home neighborhood with great access to public transportation, employment opportunities, and shopping/dining establishments. Tax records show 2bed/1bath but is currently a 2/2. There is a demolition order due to unsafe structure which will be assumed by the purchaser. Notice is attached on MLS.

Last Agent to Sell the Property

Jose Fente

Tropical Realty, Inc. License #0367946 Listed on: 02/14/2020

Last Buyer's Agent

Alex Pardo

JPR International Real Estate License #3121301

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 6,000 Sq Ft Lot
  • North Facing Home
  • Property is zoned 0100

Home Design

  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,071 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Terrazzo Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Attached Carport Space
  • Driveway
  • Open Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Princess Park Manor Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-40-02-002-1370

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1950
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Carport Y N: Yes
  • Directions: SR 826 (Palmetto Expressway) to Flagler St. Go East on Flagler St to SW 69th Ave. Go South on SW 69th Ave to SW 2nd Terr. Make a left on SW 2 Terr and property will be on your right.
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: PRINCESS PARK MANOR
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Electric Water Heater, Electric Range
  • Interior Amenities: First Floor Entry, Family Room
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Terrazzo
  • Furnished: Unfurnished
  • Living Area: 1071
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Ground Level
  • Living Room Features: Family Room

Exterior Features

  • Roof: Flat Tile
  • View: None
  • Exterior Features: None
  • Construction Type: CBS Construction, Frame With Stucco
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PRINCESS PARK MANOR
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • Open Parking: Yes
  • Parking Features: Attached Carport, Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-40-02-002-1370
  • Lot Size Sq Ft: 6000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 3861

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2022
Closed on
Sep 9, 2022
Sold by
Benjamin C Investments Llc
Bought by
Alvarez Laura Elena and Lugones Ismael
Seller's Agent
Juan Perez
Florida Realty of Miami Corp
Buyer's Agent
Anthony Askowitz
RE/MAX Advance Realty II
List Price
$549,900
Sold Price
$519,900
Premium/Discount to List
-$30,000
-5.46%
Views
11
Current Estimated Value
$623,004

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,104
Avg. Annual Appreciation
6.48%
Original Mortgage
$493,905
Outstanding Balance
$473,078
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$151,509

Purchase Details

Closed on
Mar 10, 2021
Sold by
Cuervo Raimundo
Bought by
Benjamin C Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.05%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Feb 14, 2020
Closed on
Aug 7, 2020
Sold by
W B H Investments Llc
Bought by
Cuervo Raimundo
Seller's Agent
Jose Fente
Tropical Realty, Inc.
Buyer's Agent
Alex Pardo
JPR International Real Estate
List Price
$210,000
Sold Price
$141,750
Premium/Discount to List
-$68,250
-32.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.15%

Purchase Details

Listed on
Feb 14, 2020
Closed on
May 22, 2020
Sold by
Rescap Securities Holdings Co
Bought by
W B H Investments Llc
Seller's Agent
Jose Fente
Tropical Realty, Inc.
Buyer's Agent
Alex Pardo
JPR International Real Estate
List Price
$210,000
Sold Price
$141,750
Premium/Discount to List
-$68,250
-32.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,950
Interest Rate
3.2%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 13, 2020
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Rescap Securities Holdings Co

Purchase Details

Closed on
Mar 6, 2019
Sold by
Secretary Of Housing & Urban Development
Bought by
Bank Of New York Mellon Trust Company Na

Purchase Details

Closed on
Feb 14, 2019
Sold by
Bank Of New York Mellon Trust Company
Bought by
Secretary Of Housing And Urban Dev

Purchase Details

Closed on
Apr 11, 2018
Sold by
The Bank Of New York Mellon Trust Co
Bought by
Secretary Of Hud

Purchase Details

Closed on
May 12, 2014
Sold by
Diaz Borrego Jose L
Bought by
Gmac Mortgage Llc

Purchase Details

Closed on
Sep 19, 2013
Sold by
Borrego Jose L Diaz and Del Castillo Yolanda
Bought by
Delcastillo Yolanda

Purchase Details

Closed on
Oct 29, 2008
Sold by
Sarussi Wanda
Bought by
Borrego Jose L Diaz and Del Castillo Yolanda Guerra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,264
Interest Rate
6.11%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 15, 2008
Sold by
Sarussi Wanda
Bought by
Sarussi Wanda
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $519,900 Precision Home Title
Quit Claim Deed -- Precision Home Title Llc
Warranty Deed $215,000 Precision Home Title Llc
Special Warranty Deed $141,750 Attorney
Quit Claim Deed -- Vantage Point Title Inc
Quit Claim Deed -- Meridian Title Corp
Special Warranty Deed -- Servicelink
Special Warranty Deed -- Servicelink
Quit Claim Deed $148,200 Servicelink
Trustee Deed $110,100 None Available
Quit Claim Deed $55,000 Attorney
Warranty Deed $210,000 Great Country Title Services
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $493,905 New Conventional
Previous Owner $160,000 New Conventional
Previous Owner $160,000 Future Advance Clause Open End Mortgage
Previous Owner $161,950 Balloon
Previous Owner $207,264 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2022 09/12/22 Sold $519,900 0.0% $485 / Sq Ft
08/15/2022 08/15/22 Pending -- -- --
08/02/2022 08/02/22 Price Changed $519,900 -1.9% $485 / Sq Ft
07/25/2022 07/25/22 Price Changed $529,900 -1.9% $495 / Sq Ft
07/22/2022 07/22/22 Price Changed $539,900 -0.9% $504 / Sq Ft
07/12/2022 07/12/22 Price Changed $544,900 -0.9% $509 / Sq Ft
07/07/2022 07/07/22 For Sale $549,900 +287.9% $513 / Sq Ft
06/11/2020 06/11/20 Sold $141,750 -21.3% $132 / Sq Ft
05/04/2020 05/04/20 Pending -- -- --
03/09/2020 03/09/20 Price Changed $180,000 -14.3% $168 / Sq Ft
02/13/2020 02/13/20 For Sale $210,000 -- $196 / 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 $7,918 $430,140 -- --
2024 $7,862 $418,018 -- --
2023 $7,862 $405,843 $239,753 $166,090
2022 $5,813 $263,558 $210,103 $53,455
2021 $4,424 $190,313 $149,782 $40,531
2020 $4,870 $210,804 $134,957 $75,847
2019 $4,741 $204,722 $128,822 $75,900
2018 $3,861 $195,290 $128,822 $66,468
2017 $3,505 $138,570 $0 $0
2016 $3,292 $125,973 $0 $0
2015 $2,926 $114,521 $0 $0
2014 $1,830 $105,134 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10818363

MIAMI REALTORS® MLS

APN: 01-4002-002-1370