NOT LISTED FOR SALE

Estimated Value: $471,565 - $1,670,000

0.17 Acre
$5,978,259 Price per Acre
7,250 Sq Ft Lot

Last Sold February 15, 2013

Last sale price $62,000 $9 Per Sq Ft

Est. 1,800% increase in value since last sale

Current estimated payment $6,672/month

222 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Landscaped with Trees
  • Morningside K-8 Academy Rated 9+

About This Lot

As of February 2013

This home is located at 7110 NE 5th Ave, Miami, FL 33138 since 23 March 2012 and is currently estimated at $992,391, approximately $136 per square foot. This property was built in 1939. 7110 NE 5th Ave is a home located in Miami-Dade County with nearby schools including Morningside K-8 Academy, Horace Mann Middle School, and Miami Edison Senior High School.

Last Agent to Sell the Property

Peter Garcia

Deco Realty Corporation Inc License #3217795 Listed on: 03/23/2012

Last Buyer's Agent

Peter Garcia

Deco Realty Corporation Inc License #3217795 Listed on: 03/23/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $514

Year Built

  • Built in 1939

Lot Details

  • 7,250 Sq Ft Lot
  • Lot Dimensions are 50x145
  • East Facing Home
  • Corner Lot
  • Landscaped with Trees
  • Property is zoned 57/GENER

Home Design

  • 7,250 Sq Ft Home

Utilities

  • Phone Connected

Community Details

  • No Home Owners Association
  • Federal Way Amd Condos
  • Federal Way Amd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-32-07-040-2730

Property Details

Property Type

Land

Est. Annual Taxes

$514

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Year Built: 1939
  • Property Sub Type: Residential
  • Horses: No
  • Lot Size Acres: 0.166
  • Lot Size: 50x145
  • New Construction: No
  • Road Frontage Type: Paved Road
  • Road Surface Type: Paved Road
  • Structure Type: Residential
  • Subdivision Name: FEDERAL WAY AMD
  • LastStatus: Pending
  • CurrentPrice: 62000
  • InternetRemarks: Buildable corner lot in an excellent location. Great opportunity!
  • Special Features: None

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • Direction Faces: East
  • Lot Features: Corner Location, County Location, Less Than 1/4 Acre Lot, Gutter
  • Other Structures: None
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: FEDERAL WAY AMD

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Phone Connected, Sewer Connected, Water Connected, Electricity Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-32-07-040-2730
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 7250
  • Zoning: 57/GENER

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 514

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2012
Closed on
Feb 15, 2013
Sold by
City First Mortgage Corp
Bought by
Patel Hersila
Seller's Agent
Peter Garcia
Deco Realty Corporation Inc
Buyer's Agent
Peter Garcia
Deco Realty Corporation Inc
List Price
$89,000
Sold Price
$62,000
Premium/Discount to List
-$27,000
-30.34%
Current Estimated Value
$1,177,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,115,690
Avg. Annual Appreciation
23.88%

Purchase Details

Closed on
Dec 2, 2008
Sold by
J P Morgan Investments Inc
Bought by
City First Mortgage Corp

Purchase Details

Closed on
Jan 12, 2006
Sold by
Algonquin Trading Co Inc
Bought by
J P Morgan Investments Inc

Purchase Details

Closed on
May 8, 2004
Sold by
Brown Stephen M
Bought by
Algonquin Trading Co Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Patel Hersila $62,000 Franklin Title Group Llc
City First Mortgage Corp -- None Available
J P Morgan Investments Inc $200,000 None Available
Algonquin Trading Co Inc $200,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2013 02/15/13 Sold $62,000 -30.3% $9 / Sq Ft
10/31/2012 10/31/12 Pending -- -- --
03/23/2012 03/23/12 For Sale $89,000 -- $12 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $5,069 $113,397 -- --
2024 $4,455 $103,089 -- --
2023 $4,455 $93,718 $0 $0
2022 $3,631 $85,199 $0 $0
2021 $3,365 $77,454 $0 $0
2020 $2,702 $239,011 $239,011 $0
2019 $2,617 $239,011 $239,011 $0
2018 $2,317 $221,229 $221,229 $0
2017 $2,196 $52,903 $0 $0
2016 $1,887 $48,094 $0 $0
2015 $1,714 $43,722 $0 $0
2014 $901 $39,748 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1626354

MIAMI REALTORS® MLS

APN: 01-3207-040-2730