NOT LISTED FOR SALE

Estimated Value: $635,000 - $904,000

7 Beds
6 Baths
2,930 Sq Ft
$265/Sq Ft Est. Value

Last Sold July 24, 2012

Last sale price $219,000 $75 Per Sq Ft

Est. 255% increase in value since last sale

Current estimated payment $5,340/month

164 Days on Market

Highlights

  • Home fronts a canal
  • Tile Flooring
  • 1-Story Property
  • No HOA
  • Central Heating and Cooling System

About This Home

As of July 2012

Back on the MArket!!. Foreclsoure pricing. All units rented with GREAT income. See attached financials. Very clean and well maintained triplex on small canal. It consists of two 2 bdr/2 bath and one 3 bdr/2.5 bath. Street has just been newly paved giving it a very nice look. The 2 bdrs are rented for $880 and $900 and the 3 bdr for $1200. Windows are double glass windows and all have option of being shuttered (shutters in storage). All units have 2 parking spaces.

Last Agent to Sell the Property

Folko Weltzien

Miami Realty Solution Group License #3238294 Listed on: 12/29/2011

Last Buyer's Agent

Noemi Molentino

MMLS Assoc.-Inactive Member License #3241672

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,035

Year Built

  • Built in 1972

Lot Details

  • 7,492

Parking

  • 6 Parking Spaces

Home Design

  • Triplex
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,930 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Additional Features

  • Home fronts a canal
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • The Dells 64 40 B Condos
  • The Dells 64 40 B Subdivision

Listing and Financial Details

  • Assessor Parcel Number 484114041490

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,035

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1972
  • Property Sub Type: Triplex
  • Architectural Style: Attached
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: THE DELLS 64-40 B
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2930
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Curved/S-Tile Roof
  • 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: THE DELLS 64-40 B
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 484114041490
  • Zoning: MULTIFAM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 5035

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2011
Closed on
Jul 8, 2012
Sold by
Afg Properties Llc
Bought by
Zeus Investment Group Llc
Seller's Agent
Folko Weltzien
Miami Realty Solution Group
Buyer's Agent
Noemi Molentino
MMLS Assoc.-Inactive Member
List Price
$230,000
Sold Price
$219,000
Premium/Discount to List
-$11,000
-4.78%
Current Estimated Value
$777,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$558,808
Avg. Annual Appreciation
10.03%

Purchase Details

Closed on
Sep 1, 2010
Sold by
Wells Fargo Bank Na
Bought by
Afg Properties Llc

Purchase Details

Closed on
Jul 12, 2010
Sold by
Wells Fargo Bank Na
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
May 24, 2010
Sold by
Joseph Geadius
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Nov 29, 2005
Sold by
Fiamengo Michael
Bought by
Joseph Geadius

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
6.28%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 27, 2003
Sold by
Ghuman Jasbir Singh
Bought by
Fiamengo Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,250
Interest Rate
5.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 28, 1995
Sold by
Royal Real Estate Invest Corp
Bought by
Ghuman Jasbir S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,900
Interest Rate
7.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 30, 1994
Sold by
Ca Fed Bk
Bought by
Royal Real Est Inv Corp
Source: Public Records

Range of Values:

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Average Value
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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
Zeus Investment Group Llc $219,000 Aventura Title Ins Corp
Afg Properties Llc $144,900 None Available
Wells Fargo Bank Na -- Attorney
Wells Fargo Bank Na -- None Available
Joseph Geadius $455,000 Attorney
Fiamengo Michael $287,000 United Title Agencie Ii Inc
Ghuman Jasbir S $100 --
Royal Real Est Inv Corp $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joseph Geadius $364,000
Previous Owner Joseph Geadius $22,750
Previous Owner Fiamengo Michael $47,000
Previous Owner Fiamengo Michael $215,250
Previous Owner Ghuman Jasbir S $181,383
Previous Owner Ghuman Jasbir S $94,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2012 07/24/12 Sold $219,000 -4.8% $75 / Sq Ft
06/01/2012 06/01/12 Pending -- -- --
12/20/2011 12/20/11 For Sale $230,000 -- $78 / 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 $12,983 $527,370 -- --
2024 $12,228 $527,370 -- --
2023 $12,228 $435,850 $0 $0
2022 $10,754 $396,230 $0 $0
2021 $10,200 $360,210 $0 $0
2020 $9,040 $376,710 $52,500 $324,210
2019 $8,400 $338,210 $52,500 $285,710
2018 $7,587 $345,080 $52,500 $292,580
2017 $6,962 $246,040 $0 $0
2016 $6,124 $223,680 $0 $0
2015 $5,654 $203,350 $0 $0
2014 $5,230 $184,870 $0 $0
2013 -- $200,110 $52,500 $147,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1587880

MIAMI REALTORS® MLS

APN: 48-41-14-04-1490