NOT LISTED FOR SALE

7623 NW 2nd Terrace Unit 2 Miami, FL 33126

Flagami Neighborhood

Estimated Value: $608,422 - $828,000

3 Beds
2 Baths
1,892 Sq Ft
$386/Sq Ft Est. Value

Highlights

  • No HOA
  • South Facing Home
  • 1-Story Property
  • Seminole Elementary School Rated 9+
  • Concrete Flooring

About This Home

As of May 2019

Live right off the Palmetto! Centrally located, near Mall of The Americas, near 2 Magnet Schools, updated, great condition, ready to move in! Call today

Last Agent to Rent the Property

Janice Perez

Century 21 Dorar Realty License #3055895 Listed on: 03/04/2019

Century 21 Dorar Realty

Last Renter's Agent

Diana Alvarez

Epic Choice Realty License #3419788

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,120

Year Built

  • Built in 1970

Lot Details

  • 6,250 Sq Ft Lot
  • South Facing Home

Parking

  • 2 Car Parking Spaces

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,892 Sq Ft Home
  • 1-Story Property
  • Concrete Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Seminole Elementary School
  • West Miami Middle School
  • South Miami High School

Listing and Financial Details

  • Property Available on 3/4/19
  • 1 Year With Renewal Option,12 Months Lease Term
  • Assessor Parcel Number 30-40-02-009-3560

Community Details

Overview

  • No Home Owners Association
  • Winona Park 1St Addn Condos
  • Winona Park 1St Addn Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,120

Year Built

Built in 1970

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2019-03-04
  • Lease Term: 1 Year With Renewal Option,12 Months

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1970
  • Property Sub Type: Multi Family
  • Architectural Style: First Floor Entry
  • Entry Level: 1
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex/Tri/Quad-Annual, Multi Family
  • Subdivision Name: WINONA PARK 1ST ADDN
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Concrete
  • Furnished: Unfurnished
  • Living Area: 1892
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: WINONA PARK 1ST ADDN
  • Parking Features: 2 Spaces, No Rv/Boats, No Trucks/Trailers

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Seminole
  • High School: South Miami
  • Middle Or Junior School: West Miami

Lot Info

  • Parcel Number: 30-40-02-009-3560
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 6250
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2019
Sold by
Adk Investment Group Inc
Bought by
Carrera Nydia T
Current Estimated Value
$730,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,481
Outstanding Balance
$377,444
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$352,912

Purchase Details

Closed on
Oct 26, 2018
Sold by
Farinas Marta E
Bought by
Adk Investment Group Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
4.6%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 9, 2017
Sold by
Sabogal Lilliana M Farinas
Bought by
Farinas Marta E

Purchase Details

Closed on
Nov 1, 2017
Sold by
Vidal Ana M
Bought by
Farinas Marta E and Sabogal Lilliana M Farinas
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
Carrera Nydia T $435,000 Attorney
Adk Investment Group Inc $290,000 Independence Title Inc
Farinas Marta E $150,000 Attorney
Farinas Marta E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrera Nydia T $420,481
Previous Owner Adk Investment Group Inc $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2019 05/01/19 Rented $1,950 -1.3% --
04/29/2019 04/29/19 Under Contract -- -- --
04/24/2019 04/24/19 Price Changed $1,975 -3.7% $1 / Sq Ft
04/11/2019 04/11/19 Price Changed $2,050 -2.4% $1 / Sq Ft
03/29/2019 03/29/19 Price Changed $2,100 -4.5% $1 / Sq Ft
03/19/2019 03/19/19 Price Changed $2,200 -4.3% $1 / Sq Ft
03/11/2019 03/11/19 Price Changed $2,300 -4.2% $1 / Sq Ft
03/04/2019 03/04/19 For Rent $2,400 -- --
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 $9,120 $500,448 -- --
2024 $8,337 $454,953 -- --
2023 $8,337 $413,594 $0 $0
2022 $7,551 $375,995 $0 $0
2021 $6,986 $341,814 $169,000 $172,814
2020 $6,541 $315,617 $140,500 $175,117
2019 $5,675 $265,875 $125,000 $140,875
2018 $5,702 $276,535 $134,500 $142,035
2017 $5,045 $232,639 $0 $0
2016 $4,715 $211,490 $0 $0
2015 $4,388 $192,264 $0 $0
2014 $4,308 $183,860 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10630569

MIAMI REALTORS® MLS

APN: 30-4002-009-3560