NOT LISTED FOR SALE

Estimated Value: $399,000 - $443,643

4 Beds
2 Baths
1,458 Sq Ft
$293/Sq Ft Est. Value

Last Sold May 06, 2019

Last sale price $250,000 $171 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $2,796/month

5 Days on Market

Highlights

  • No HOA
  • Terrazzo Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

About This Home

As of May 2019

Investor Alert. Cash flowing turnkey duplex in Homestead with month to month tenants at $900 rent each side. Similar 2 Bedroom 1 Bathroom Units in the area rent for $1,100 per month each side... Separate Electric and Separate Water meters for each unit. The tenants pay their own utilities. Lots of potential here! The roof on this building is less than 6 years old. The property is Tenant Occupied. Call Listing Agent to schedule showings.

Last Agent to Sell the Property

Gregory Collins

The Keyes Company License #3241076 Listed on: 03/15/2019

The Keyes Company

Co-Listed By

Ana Gispert

MMLS Assoc.-Inactive Member License #3324628

Last Buyer's Agent

Gregory Collins

The Keyes Company License #3241076 Listed on: 03/15/2019

The Keyes Company

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,842

Year Built

  • Built in 1970

Lot Details

  • Property is zoned 5700

Parking

  • 6 Parking Spaces

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,458 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Utilities

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

Community Details

  • No Home Owners Association
  • Newport Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10-78-12-020-0174

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,842

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1970
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Co List Office Mls Id: KEYE04
  • Co List Office Phone: 305-247-7221
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: NEWPORT
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 1458
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: NEWPORT
  • Total Parking Spaces: 6

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 10-78-12-020-0174
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2842

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2019
Closed on
May 6, 2019
Sold by
Thomas Lawrence David and Gispert Ana
Bought by
Professional Services Bookkeeping Inc
Seller's Agent
Gregory Collins
The Keyes Company
Buyer's Agent
Gregory Collins
The Keyes Company
List Price
$250,000
Sold Price
$250,000
Current Estimated Value
$427,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$177,161
Avg. Annual Appreciation
8.60%
Original Mortgage
$175,000
Outstanding Balance
$153,548
Interest Rate
4.1%
Mortgage Type
Commercial
Estimated Equity
$273,613

Purchase Details

Listed on
Jul 5, 2016
Closed on
Aug 12, 2016
Sold by
Rego Jose A and Rego Julia C
Bought by
Thomas Lawrence David and Gispert Ana
Seller's Agent
Carlos Martinez
Real Estate TeamMates LLC
Buyer's Agent
Carlos Martinez
Real Estate TeamMates LLC
List Price
$179,000
Sold Price
$170,000
Premium/Discount to List
-$9,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.17%

Purchase Details

Closed on
Oct 7, 1994
Sold by
Costa Manuel R and Costa Dawn R
Bought by
Pacheco Andres and Rego Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,100
Interest Rate
8.53%
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
Professional Services Bookkeeping Inc $250,000 Continental Title Group Inc
Thomas Lawrence David $170,000 The Title Company Homestead
Pacheco Andres $57,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Professional Services Bookkeeping Inc $175,000
Previous Owner Pacheco Andres $52,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/06/2019 05/06/19 Sold $250,000 0.0% $171 / Sq Ft
03/20/2019 03/20/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $250,000 +47.1% $171 / Sq Ft
08/12/2016 08/12/16 Sold $170,000 -5.0% $117 / Sq Ft View Prior Sale
07/26/2016 07/26/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $179,000 0.0% $123 / Sq Ft
07/11/2016 07/11/16 Pending -- -- --
07/05/2016 07/05/16 For Sale $179,000 -- $123 / 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 $6,587 $255,013 -- --
2024 $6,129 $231,830 -- --
2023 $6,129 $210,755 $0 $0
2022 $5,449 $191,596 $0 $0
2021 $3,850 $174,179 $0 $0
2020 $3,499 $158,345 $58,500 $99,845
2019 $3,180 $143,393 $45,500 $97,893
2018 $2,842 $130,463 $35,750 $94,713
2017 $2,692 $122,009 $0 $0
2016 $1,485 $54,498 $0 $0
2015 $1,329 $49,544 $0 $0
2014 $1,113 $45,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10639981

MIAMI REALTORS® MLS

APN: 10-7812-020-0174