NOT LISTED FOR SALE

Estimated Value: $821,000 - $944,000

4 Beds
3 Baths
1,820 Sq Ft
$479/Sq Ft Est. Value

Last Sold January 21, 2020

Last sale price $440,000 $242 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $5,461/month

182 Days on Market

Highlights

  • Newly Remodeled
  • Partial Roll Down Shutters
  • Tile Flooring
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • 3-minute walk to General Jose Francisco Morazan Quesada Park

About This Home

As of January 2020

Newly remodeled income-producing multifamily in East Little Havana, 4 blocks from Brickell. The property consists of a 2/1 with central AC, and two 1/1's for a total of 3 units. The property is a 4/3 duplex on Couty records, no bedrooms or bathrooms have been added. Property has been updated and renovated in March of 2019, stable 100% occupancy on 1-year leases (end April 2020). Apartments were rented in ONE day of being on the market, which indicates room for higher rents as soon as they expire. Low maintenance and great tenants. By appointment ONLY, owner accepting offers. Considering cash or pre approved conventional loan buyers only at the moment.

Last Agent to Sell the Property

Hugo Lopez

Sky Avenue Realty License #3352999 Listed on: 07/22/2019

Last Buyer's Agent

David Pupo

Intelliagents Realty, LLC License #3398977

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,457

Year Built

  • Built in 1956 | Newly Remodeled

Lot Details

  • 5,663

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 1,820 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Partial Roll Down Shutters

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • No Home Owners Association
  • 3 Units
  • Druid Court Sub Condos
  • Druid Court Sub Subdivision

Listing and Financial Details

  • Total Actual Rent $41,400
  • Rent includes gardener, pest control, sewer, trash collection, water
  • Assessor Parcel Number 01-41-38-050-0050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,457

Year Built

Built in 1956 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1956
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: DRUID COURT SUB
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1820
  • Possible Use: Primary
  • Stories: 1
  • Window Features: Partial RollDown Shutters

Exterior Features

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

Garage/Parking

  • Park Building Name: DRUID COURT SUB
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-38-050-0050
  • Zoning: 3900
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Pest Control, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4457

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Total Actual Rent: 41400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2019
Closed on
Jan 21, 2020
Sold by
Hlf Holdings Llc
Bought by
Ochs Joshua S
Seller's Agent
Hugo Lopez
Sky Avenue Realty
Buyer's Agent
David Pupo
Intelliagents Realty, LLC
List Price
$549,000
Sold Price
$440,000
Premium/Discount to List
-$109,000
-19.85%
Current Estimated Value
$871,206

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,206
Avg. Annual Appreciation
12.92%
Original Mortgage
$440,000
Interest Rate
3.74%
Mortgage Type
VA

Purchase Details

Closed on
Feb 25, 2019
Sold by
Deutsche Bank National Trust Company
Bought by
The United States Of America

Purchase Details

Closed on
Oct 15, 2018
Sold by
Tartaglia Massimo
Bought by
Deutsche Bank National Trust Co and American Home Mortgage Investment Trust

Purchase Details

Closed on
Aug 19, 2006
Sold by
Millenius Properties I Corp
Bought by
Tartaglia Massimo

Purchase Details

Closed on
Jun 18, 2004
Sold by
Century Bank Fsb
Bought by
Millenius Properties I Corp

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
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 27, 2004
Sold by
Ramcharitar Mickie
Bought by
Century Bank Fsb

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
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 17, 2003
Sold by
Iglesias Lazaro
Bought by
Ramcharitar Nickie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
5.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 3, 1997
Sold by
Rep Ana Maria Castillo Per
Bought by
Pena Ralph and Alayon Manuel
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
Ochs Joshua S $440,000 Preferred Ttl Closing Svcs I
The United States Of America $311,000 Premium Title Svcs Fl Inc
Deutsche Bank National Trust Co $312,100 None Available
Tartaglia Massimo -- Global Title Group Inc
Millenius Properties I Corp $200,000 C & C Title Agency Inc
Century Bank Fsb $175,100 --
Ramcharitar Nickie $215,000 Premier Title & Research Inc
Pena Ralph $100 --
Pena Ralph $85,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ochs Joshua $50,000
Open Ochs Joshua S $443,997
Closed Ochs Joshua S $440,000
Previous Owner Tartaglia Massimo $375,000
Previous Owner Millenius Properties I Corp $160,000
Previous Owner Ramcharitar Nickie $193,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/21/2020 01/21/20 Sold $440,000 -6.3% $242 / Sq Ft
01/16/2020 01/16/20 Price Changed $469,777 -3.1% $258 / Sq Ft
12/10/2019 12/10/19 Price Changed $484,777 -3.0% $266 / Sq Ft
10/31/2019 10/31/19 Price Changed $499,950 -1.8% $275 / Sq Ft
09/19/2019 09/19/19 Price Changed $509,000 -1.9% $280 / Sq Ft
08/29/2019 08/29/19 Price Changed $519,000 -1.9% $285 / Sq Ft
08/15/2019 08/15/19 Price Changed $529,000 -3.6% $291 / Sq Ft
07/22/2019 07/22/19 For Sale $549,000 -- $302 / 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 $8,679 $483,559 -- --
2024 $8,189 $452,776 -- --
2023 $8,189 $424,227 $0 $0
2022 $7,371 $397,906 $0 $0
2021 $5,827 $373,621 $339,000 $34,621
2020 $8,717 $373,621 $339,000 $34,621
2019 $7,529 $317,121 $282,500 $34,621
2018 $4,457 $260,621 $226,000 $34,621
2017 $4,346 $124,228 $0 $0
2016 $3,686 $112,935 $0 $0
2015 $3,471 $102,669 $0 $0
2014 $3,168 $93,336 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10711114

MIAMI REALTORS® MLS

APN: 01-4138-050-0050