NOT LISTED FOR SALE

Estimated Value: $812,000

4 Beds
4 Baths
2,383 Sq Ft
$341/Sq Ft Est. Value

Last Sold February 05, 2014

Last sale price $115,000 $48 Per Sq Ft

Est. 606% increase in value since last sale

Current estimated payment $4,900/month

36 Days on Market

Highlights

  • Deck
  • No HOA
  • Tile Flooring
  • Morningside K-8 Academy Rated 9+
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

About This Home

As of February 2014

Great investment property, proven rental area. 4-plex property 2/1, 3/2, 2/1, 2/1. Property has lots of mature trees and plenty of space for parking. This is a Fannie Mae Property

Last Agent to Sell the Property

Ann Meng

Buy The Beach Realty Group, LLC. License #0603201 Listed on: 11/22/2013

Last Buyer's Agent

Katherine Murgo

Real Estate Sales Force License #3127405

Real Estate Sales Force

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1924

Home Design

  • Quadruplex
  • Tar and Gravel Roof
  • Composition Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,383 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Utilities

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

Additional Features

  • Deck
  • Lot Dimensions are 50x150

Community Details

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

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 01-32-07-039-0460

Property Details

Home Type

Multi-Family

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1924
  • Property Sub Type: Quadruplex
  • Architectural Style: Other
  • Directions: DO NOT CALL AGENT FOR SHOWING INSTRUCTIONS, USE SHOWING ASSIST. IF YOU HAVE QUESTIONS, I'LL BE GLAD TO ANSWER, FNMA@BUYBEACH.COM
  • Horses: No
  • Lot Size: 50x150
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: DIXIE HWY PARK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • LastStatus: Pending
  • CurrentPrice: 115000
  • InternetRemarks: 4-Plex Property for sale. Great investment. This is a Fannie Mae Property.
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile
  • Living Area: 2383
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Composition Roll, Tar & Gravel Roof
  • Construction Type: CBS Construction
  • Lot Features: Other Lot Description
  • Patio And Porch Features: Deck
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: DIXIE HWY PARK

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Other, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-07-039-0460
  • Zoning: 39/MULTI

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4075

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2013
Closed on
Feb 5, 2014
Sold by
Federal National Mortgage Association
Bought by
Schafer Katherine
Seller's Agent
Ann Meng
Buy The Beach Realty Group, LLC.
Buyer's Agent
Katherine Murgo
Real Estate Sales Force
List Price
$99,900
Sold Price
$115,000
Premium/Discount to List
$15,100
15.12%
Current Estimated Value
$812,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$697,000
Avg. Annual Appreciation
17.79%

Purchase Details

Closed on
May 29, 2013
Sold by
Beltran Tatiana
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Feb 21, 2013
Sold by
Beltran Tatiana
Bought by
Federal National Mortgage Assoc

Purchase Details

Closed on
Jan 1, 2011
Sold by
Beltran Tatiana
Bought by
Lithe Haiti Land Trust

Purchase Details

Closed on
Jul 29, 2004
Sold by
Rodriguez Manuel
Bought by
Beltran Tatiana Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,200
Interest Rate
7.45%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 16, 2001
Sold by
Daniel and Northern Bay Enterprise Inc
Bought by
Rodriguez Manuel

Purchase Details

Closed on
May 26, 2000
Sold by
Innovative Investment Group Inc
Bought by
Fernandez Daniel and Ernandez Madeline F

Purchase Details

Closed on
Mar 20, 2000
Sold by
County Od Miami & Dade
Bought by
Innovative Investment Group Inc Tr

Purchase Details

Closed on
Mar 17, 1995
Sold by
Southern Inv Mgmt Inc
Bought by
Northern Bay Ent Inc

Purchase Details

Closed on
Feb 22, 1995
Sold by
Clerk Circuit Court
Bought by
Ford Consumer Fin Co Inc
Source: Public Records
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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
Schafer Katherine $115,000 Attorney
Federal National Mortgage Association $90,100 None Available
Federal National Mortgage Assoc $90,100 --
Lithe Haiti Land Trust -- None Available
Beltran Tatiana Patricia $159,000 --
Rodriguez Manuel $105,000 --
Fernandez Daniel $60,000 --
Innovative Investment Group Inc Tr $7,700 --
Northern Bay Ent Inc $30,000 --
Southern Inv Mgmt Inc $13,500 --
Ford Consumer Fin Co Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beltran Tatiana Patricia $127,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/05/2014 02/05/14 Sold $115,000 +15.1% $48 / Sq Ft
12/28/2013 12/28/13 Pending -- -- --
11/22/2013 11/22/13 For Sale $99,900 -- $42 / 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 $7,850 $318,960 -- --
2024 $7,666 $289,964 -- --
2023 $7,666 $263,604 $0 $0
2022 $6,460 $239,640 $239,640 $0
2021 $9,070 $332,586 $0 $0
2020 $8,033 $312,688 $159,760 $152,928
2019 $7,473 $286,824 $159,760 $127,064
2018 $6,926 $275,461 $159,760 $115,701
2017 $6,332 $227,162 $0 $0
2016 $6,366 $222,051 $0 $0
2015 $6,230 $211,828 $0 $0
2014 $4,979 $152,504 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1873385

MIAMI REALTORS® MLS

APN: 01-3207-039-0460