NOT LISTED FOR SALE

Estimated Value: $603,216 - $672,000

6 Beds
2 Baths
1,904 Sq Ft
$327/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $390,000 $205 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,333/month

100 Days on Market

Highlights

  • Deck
  • Porch
  • Ceramic Tile Flooring
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • No Heating

About This Home

As of June 2021

This house is a 2 story income producing duplex. The house features all remodeled kitchens and bathrooms. Stainless steel appliances and granite counter tops in both units. Total rent between both units is currently $3325/mo. This is a great opportunity to own as an investment or live in one unit and rent the other out and cover your mortgage. You can also do airbnb here. The house comes with hurricane shutters for all the windows, and has a built in sprinkler system for the lawn. 4 parking spaces in the driveway, 2 for each unit. The yard is completely fenced in. Property is currently under professional management and can easily be transferred to the new owner if you wish. Only showing after executed contract has been made due to covid and both units being fully occupied.

Last Agent to Sell the Property

Michael Bordenaro

Beachfront Realty Inc License #3219206 Listed on: 01/16/2021

Beachfront Realty Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,643

Year Built

  • Built in 1920

Lot Details

  • 6,011

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Stucco Exterior

Interior Spaces

  • 1,904 Sq Ft Home
  • 2-Story Property
  • Blinds

Flooring

  • Ceramic Tile
  • Vinyl

Outdoor Features

  • Deck
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • No Heating

Community Details

  • No Home Owners Association
  • 2 Units
  • Lakeview Ridge Condos
  • Lakeview Ridge Subdivision

Listing and Financial Details

  • Total Actual Rent $39,900
  • Rent includes hot water, gardener, pest control, sewer, trash collection, water
  • Assessor Parcel Number 74434404080070070

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,643

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1920
  • Property Sub Type: Duplex
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: LAKEVIEW RIDGE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Stairs
  • Flooring: Ceramic Floor, Vinyl
  • Living Area: 1904
  • Possible Use: Investment
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Roof: Shingle
  • Construction Type: Stucco
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Open Porch
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LAKEVIEW RIDGE
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 74434404080070070
  • Zoning: SF7 (cit
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Gardener, Pest Control, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5643

Multi Family

  • Number Of Units In Community: 2
  • Total Actual Rent: 39900

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2021
Closed on
Jun 11, 2021
Sold by
Bordenaro Michael and Wagner Lisiane
Bought by
Deroock Dirk and De Roock Joan
Seller's Agent
Michael Bordenaro
Beachfront Realty Inc
List Price
$415,000
Sold Price
$390,000
Premium/Discount to List
-$25,000
-6.02%
Current Estimated Value
$655,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,554
Avg. Annual Appreciation
11.35%

Purchase Details

Listed on
Jun 19, 2018
Closed on
Feb 26, 2019
Sold by
Transamerica Group Inc
Bought by
Bordenaro Michael
Seller's Agent
Jonathan Krystofik
Brokers, LLC
Buyer's Agent
Jonathan Krystofik
Brokers, LLC
List Price
$375,000
Sold Price
$330,000
Premium/Discount to List
-$45,000
-12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.57%
Original Mortgage
$247,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 19, 2017
Closed on
Mar 29, 2018
Sold by
Hamilton Brandon S and Hamilton Harry S
Bought by
Transamerica Group Inc
Seller's Agent
Sonny Hamilton
Johnston Group Real Estate Services LLC
Buyer's Agent
Sonny Hamilton
Johnston Group Real Estate Services LLC
List Price
$359,000
Sold Price
$340,000
Premium/Discount to List
-$19,000
-5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.19%

Purchase Details

Closed on
Mar 11, 2016
Sold by
Vanscoy Travis
Bought by
Hamilton Brandon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,992
Interest Rate
3.65%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 19, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Stark Timothy

Purchase Details

Closed on
Mar 10, 2011
Sold by
Duval Raymonde D and Duval Heaner J
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jul 19, 2006
Sold by
Duval Raymonde D and Duval Heaner J
Bought by
Duval Raymonde D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2006
Sold by
Elassafiri Raul and Elassafiri Angelica
Bought by
Duval Heaner J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 1998
Sold by
Moreno Jesus A
Bought by
Elassafiri Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,909
Interest Rate
6.94%
Mortgage Type
New Conventional
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
Deroock Dirk $390,000 Attorney
Bordenaro Michael $330,000 Attorney
Transamerica Group Inc $340,000 Attorney
Hamilton Brandon $180,000 None Available
Stark Timothy $45,900 Boston Natl Title Agency Inc
Deutsche Bank National Trust Company $71,300 Attorney
Duval Raymonde D -- None Available
Duval Heaner J $300,000 Universal Land Title Inc
Elassafiri Raul $54,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deroock Dirk $273,000
Previous Owner Bordenaro Michael $247,500
Previous Owner Hamilton Brandon $173,992
Previous Owner Vanscoy Travis $96,750
Previous Owner Vanscoy Travis $103,200
Previous Owner Duval Heaner J $240,000
Previous Owner Elassafiri Raul $78,690
Previous Owner Elassafiri Raul $49,909
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $390,000 -6.0% $205 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
01/16/2021 01/16/21 For Sale $415,000 +25.8% $218 / Sq Ft
02/26/2019 02/26/19 Sold $330,000 -12.0% $173 / Sq Ft
01/27/2019 01/27/19 Pending -- -- --
06/19/2018 06/19/18 For Sale $375,000 +10.3% $197 / Sq Ft
03/29/2018 03/29/18 Sold $340,000 -5.3% $179 / Sq Ft
02/27/2018 02/27/18 Pending -- -- --
08/19/2017 08/19/17 For Sale $359,000 +178.3% $189 / Sq Ft
08/09/2012 08/09/12 Sold $129,000 -9.7% $68 / Sq Ft
07/10/2012 07/10/12 Pending -- -- --
05/05/2012 05/05/12 For Sale $142,900 -- $75 / 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
2024 $8,932 $401,258 -- --
2023 $8,507 $364,780 $190,000 $265,460
2022 $7,390 $331,618 $0 $0
2021 $6,089 $261,963 $89,100 $172,863
2020 $5,643 $239,083 $72,900 $166,183
2019 $5,129 $213,428 $56,700 $156,728
2018 $4,350 $193,687 $54,697 $138,990
2017 $3,930 $167,852 $34,186 $133,666
2016 $3,804 $146,937 $0 $0
2015 $3,611 $133,579 $0 $0
2014 $3,307 $121,435 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10984668

MIAMI REALTORS® MLS

APN: 74-43-44-04-08-007-0070