NOT LISTED FOR SALE

Estimated Value: $743,412 - $1,094,000

6 Beds
2 Baths
1,900 Sq Ft
$500/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $900,000 $474 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,468/month

About This Home

First time on the market since this home was built in 1975, family owned and maintained from day one!

Daniel Gale Sotheby's International Realty is proud to offer 72 Foch Ave for sale, a lovely corner two family home in the heart of South Beach on a quiet tree-lined street – minutes from the Verrazano Bridge, Hylan Boulevard, shopping and transportation.

Un-pack your boxes and move right in!

Provided for your convenience is a 3D floor plan and several virtually staged photos to assist with decorating ideas.

The main floor has just been completely renovated with a brand new Kitchen, bathroom, paint and flooring throughout the entire home.
Upstairs you will find 3 spacious bedrooms, an eat – in kitchen with all new stainless steel appliances, a large dining area and an expansive living room drenched in natural light.

The ground floor rental unit has two bedrooms, an eat-in kitchen, dining area and a living room that is large enough to allow for a third bedroom while still maintaining ample living space.

The long gated driveway can easily accommodate multiple cars/SUVs – there is also an additional parking pad which can be used as off-street parking for a tenant.

Don't miss the opportunity to own this income producing gem.

All measurements and taxes are approximate.
All showings are by appointment only, including open houses.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
Jul 31, 2023
Sold by
Wile Robert A
Bought by
Mullen Barbara Wile and Stein Annette
Seller's Agent
Joseph Aliotta
Daniel Gale of Brooklyn LLC
List Price
$889,000
Sold Price
$900,000
Premium/Discount to List
$11,000
1.24%
Views
844
Current Estimated Value
$949,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,103
Avg. Annual Appreciation
2.32%
Original Mortgage
$620,000
Outstanding Balance
$605,872
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$343,231
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
Mullen Barbara Wile $900,000 Old Republic National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mullen Barbara Wile $620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2023 08/02/23 Sold $900,000 +1.2% $474 / Sq Ft View Prior Sale
05/16/2023 05/16/23 For Sale $889,000 -- $468 / Sq Ft

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 $5,466 $43,440 $5,037 $38,403
2024 $5,466 $35,520 $6,160 $29,360
2023 $2,084 $27,012 $5,569 $21,443
2022 $1,885 $38,820 $8,040 $30,780
2021 $1,818 $38,460 $8,040 $30,420
2020 $1,741 $42,480 $8,040 $34,440
2019 $1,713 $42,720 $8,040 $34,680
2018 $1,635 $22,510 $4,698 $17,812
2017 $3,683 $21,236 $5,525 $15,711
2016 $3,384 $20,034 $6,317 $13,717
2015 $3,018 $18,900 $6,720 $12,180
2014 $3,018 $18,900 $6,720 $12,180
Source: Public Records

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