NOT LISTED FOR SALE

7520 NE 3rd Ave Miami, FL 33138

Little River Neighborhood

Estimated Value: $628,000 - $813,000

2 Beds
2 Baths
1,508 Sq Ft
$474/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $425,000 $282 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,540/month

161 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • No Heating
  • Complete Accordion Shutters
  • Carpet
  • 1-Story Property

About This Home

As of May 2021

Fully renovated legal duplex in Little River! This property has a new roof, new accordion shutters, two new electric meters, artificial grass along the sides and backyard, new floors throughout, new appliances, granite countertops, renovated bathrooms and more. Each side is a 2/1, rented for $1,500 per month and $1,600 per month. Tenants pay electricity, landlord pays water and sewer $153.21 quarterly. Property can be redeveloped to build up to 9 units, zoning designation is “4600 Multi-Family – 5 Story”. Also great as an AirBnB as well

Last Agent to Sell the Property

David Vazquez

Douglas Elliman License #3276028 Listed on: 11/23/2020

Douglas Elliman

Last Buyer's Agent

Melisa Bromfield

LoKation License #3445820

LoKation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,490

Year Built

  • Built in 1948

Lot Details

  • 5,009

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,508 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Complete Accordion Shutters

Utilities

  • Cooling Available
  • No Heating

Community Details

  • No Home Owners Association
  • 2 Units
  • Dixie Hwy Park Condos
  • Dixie Hwy Park Subdivision

Listing and Financial Details

  • Rent includes gardener
  • Assessor Parcel Number 01-32-07-039-0360

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,490

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: DIXIE HWY PARK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Carpet, Other
  • Living Area: 1508
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Complete Accordian Shutters

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: DIXIE HWY PARK
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-07-039-0360
  • Zoning: 4600
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 4490

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2020
Closed on
May 21, 2021
Sold by
Petsch Tyler
Bought by
Ruddock Omari and Mohammed Samira
Seller's Agent
David Vazquez
Douglas Elliman
Buyer's Agent
Melisa Bromfield
LoKation
List Price
$475,000
Sold Price
$425,000
Premium/Discount to List
-$50,000
-10.53%
Current Estimated Value
$715,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,122
Avg. Annual Appreciation
12.77%
Original Mortgage
$417,302
Outstanding Balance
$379,213
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$336,862

Purchase Details

Listed on
Dec 26, 2019
Closed on
Feb 13, 2020
Sold by
21St Mortgage Corporation
Bought by
Petsch Tyler
Seller's Agent
Laurie Esposito
MMLS Assoc.-Inactive Member
Buyer's Agent
Laurie Esposito
MMLS Assoc.-Inactive Member
List Price
$269,000
Sold Price
$274,000
Premium/Discount to List
$5,000
1.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.07%
Original Mortgage
$219,200
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2018
Sold by
Santos Aldo
Bought by
21St Mortgage Corp

Purchase Details

Closed on
Feb 22, 2006
Sold by
Santos Natalia Uria and Santos Aldo
Bought by
Mejias Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
9.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 1, 2000
Sold by
Ferregur Maria L G
Bought by
Bowers Alejandro

Purchase Details

Closed on
Jun 6, 2000
Sold by
Sec Of Hud
Bought by
Ferregur Maria L G

Purchase Details

Closed on
Mar 6, 2000
Sold by
Midfirst Bank
Bought by
Sec Of Hud

Purchase Details

Closed on
Feb 9, 1999
Sold by
Clerk Of The Court
Bought by
Midfirst Bank

Purchase Details

Closed on
Jun 30, 1995
Sold by
Nini Corp
Bought by
Lincoln Holding Inc
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
Ruddock Omari $425,000 Title Alliance Professionals
Petsch Tyler $274,000 Jackson Title & Law
21St Mortgage Corp $182,200 None Available
Mejias Carlos $284,000 Lexcellence Title Company
Bowers Alejandro $52,000 --
Ferregur Maria L G $48,900 --
Sec Of Hud $100 --
Midfirst Bank $100 --
Lincoln Holding Inc $37,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruddock Omari $417,302
Previous Owner Petsch Tyler $219,200
Previous Owner Mejias Carlos $284,000
Previous Owner Midfirst Bank $90,000
Previous Owner Midfirst Bank $54,000
Previous Owner Midfirst Bank $31,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $425,000 -10.5% $282 / Sq Ft
05/03/2021 05/03/21 Pending -- -- --
11/23/2020 11/23/20 For Sale $475,000 +73.4% $315 / Sq Ft
02/19/2020 02/19/20 Sold $274,000 +1.9% $189 / Sq Ft
01/02/2020 01/02/20 Pending -- -- --
12/26/2019 12/26/19 For Sale $269,000 -- $186 / 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 $9,170 $450,745 -- --
2024 $9,130 $434,130 -- --
2023 $9,130 $417,400 $0 $0
2022 $6,764 $291,244 $150,000 $141,244
2021 $4,481 $175,131 $100,000 $75,131
2020 $4,490 $175,131 $100,000 $75,131
2019 $4,498 $175,131 $100,000 $75,131
2018 $3,950 $175,131 $100,000 $75,131
2017 $3,635 $128,642 $0 $0
2016 $3,555 $116,948 $0 $0
2015 $3,457 $106,317 $0 $0
2014 $3,082 $96,652 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Vazquez

    Seller's Agent in 2021

    David Vazquez

    Douglas Elliman

    (305) 726-0100

    1 in this area

    98 Total Sales

    David Vazquez
    Section Image

  • M

    Buyer's Agent in 2021

    Melisa Bromfield

    LoKation Real Estate

    (954) 545-5583

    1 in this area

    14 Total Sales

    Melisa Bromfield
    Section Image

  • L

    Seller's Agent in 2020

    Laurie Esposito

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10961500

MIAMI REALTORS® MLS

APN: 01-3207-039-0360

Florida Miami/Dade County Miami 33138 Little River

7520 NE 3rd Ave, Miami, FL

This home is located at 7520 NE 3rd Ave, Miami, FL 33138 since 23 November 2020 and is currently estimated at $715,122, approximately $474 per square foot. This property was built in 1948. 7520 NE 3rd 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.

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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