NOT LISTED FOR SALE

7505 NW South River Dr Medley, FL 33166

Estimated Value: $342,908 - $594,000

4 Beds
2 Baths
816 Sq Ft
$545/Sq Ft Est. Value

Last Sold December 25, 2020

Last sale price $166,000 $203 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $2,673/month

200 Days on Market

Highlights

  • Home fronts a canal
  • No HOA
  • Ceramic Tile Flooring
  • Springview Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

About This Home

As of December 2020

THIS PROPERTY HAS A SETTLEMENT ISSUE. THIS PROPERTY IS PERFECT FOR A CONTRACTOR TO PURCHASE. BUYER MUSTT INSPECT PROPERTY BY APPOINTMENT ONLY. PRESENTLY THE DUPLEX IS RENTED ONE SIDE FOR $825.00 THE OTHER SIDE FOR $800.00. THE ROOF WAS REPLACED 3 YEARS AGO. DO NOT DISTURB THE TENANTS

Last Agent to Sell the Property

Richard Capote

Mikon Real Estate, Inc. License #3019438 Listed on: 04/14/2020

Last Buyer's Agent

Richard Capote

Mikon Real Estate, Inc. License #3019438 Listed on: 04/14/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,743

Year Built

  • Built in 1956

Lot Details

  • 50 Ft Wide Lot
  • Home fronts a canal

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Concrete Block And Stucco Construction

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

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

Community Details

  • No Home Owners Association
  • 2 Units
  • 11 53 40 Fla Fruit Land C Condos
  • 11 53 40 Fla Fruit Land C Subdivision

Listing and Financial Details

  • Rent includes sewer
  • Assessor Parcel Number 22-30-11-002-1130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,743

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1956
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: 11 53 40 FLA FRUIT LAND C
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 816
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Other
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 11 53 40 FLA FRUIT LAND C
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 22-30-11-002-1130
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Sewer

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1743

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2020
Closed on
Dec 22, 2020
Sold by
Mikon Financial Services Inc
Bought by
Quantico 4 13 Investments Llc
Seller's Agent
Richard Capote
Mikon Real Estate, Inc.
Buyer's Agent
Richard Capote
Mikon Real Estate, Inc.
List Price
$199,900
Sold Price
$166,000
Premium/Discount to List
-$33,900
-16.96%
Current Estimated Value
$444,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,977
Avg. Annual Appreciation
26.16%

Purchase Details

Closed on
Jul 3, 2009
Sold by
Universal Holdings Enterprise Llc
Bought by
Mikon Financial Services Inc

Purchase Details

Closed on
Oct 12, 2005
Sold by
Step Jackie
Bought by
Universal Holdings Enterprise Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
12%
Mortgage Type
Stand Alone First
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
Quantico 4 13 Investments Llc $124,500 Attorney
Mikon Financial Services Inc $140,000 Elite Title Services Inc
Universal Holdings Enterprise Llc $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Universal Holdings Enterprise Llc $140,000
Previous Owner Universal Holdings Enterprise Llc $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/25/2020 12/25/20 Sold $166,000 -17.0% $203 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
09/02/2020 09/02/20 For Sale $199,900 0.0% $245 / Sq Ft
07/10/2020 07/10/20 Pending -- -- --
04/17/2020 04/17/20 Price Changed $199,900 -20.0% $245 / Sq Ft
04/14/2020 04/14/20 For Sale $250,000 -- $306 / 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 $2,977 -- -- --
2024 $2,832 $160,601 $81,034 $79,567
2023 $2,832 $153,416 $73,192 $80,224
2022 $2,706 $142,803 $0 $0
2021 $2,590 $129,821 $67,964 $61,857
2020 $1,872 $106,524 $49,927 $56,597
2019 $1,743 $104,041 $47,444 $56,597
2018 $1,628 $94,789 $47,444 $47,345
2017 $1,404 $60,360 $0 $0
2016 $1,362 $54,873 $0 $0
2015 $1,390 $62,483 $0 $0
2014 $1,312 $56,803 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Richard Capote

    Seller's Agent in 2020

    Richard Capote

    Mikon Real Estate, Inc.

    (786) 942-7041

    1 in this area

    20 Total Sales

    Richard Capote
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10845765

MIAMI REALTORS® MLS

APN: 22-3011-002-1130

Florida Miami/Dade County Medley 33010

7505 NW South River Dr, Medley, FL

This home is located at 7505 NW South River Dr, Medley, FL 33166 since 14 April 2020 and is currently estimated at $444,977, approximately $545 per square foot. This property was built in 1956. 7505 NW South River Dr is a home located in Miami-Dade County with nearby schools including Springview Elementary School, Miami Springs Middle School, and Miami Springs Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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