NOT LISTED FOR SALE

Estimated Value: $602,537 - $790,000

4 Beds
3 Baths
1,791 Sq Ft
$389/Sq Ft Est. Value

Last Sold February 19, 2019

Last sale price $365,000 $204 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,505/month

154 Days on Market

Highlights

  • No HOA
  • Porch
  • Patio
  • Complete Panel Shutters or Awnings
  • Cooling Available
  • Tile Flooring

About This Home

As of February 2019

A great opportunity to own an income producing duplex in the heart of Miami, Plenty of open space, very well kept, front unit is a 2 bedrooms and 2 bathrooms and back unit 2 bedrooms and 1 bathroom has its own laundry room and enough parking spaces, conveniently located near downtown, outstanding schools, beaches and main highways. take advantage of this newer construction property built in 2003 in this neighborhood where the rental market is in high demand. great for investors or owner occupants!! Call me and see it for yourself...

Last Agent to Sell the Property

Allan Gonzalez

First Way Realty Services Inc License #3075265 Listed on: 09/07/2018

Last Buyer's Agent

Allan Gonzalez

First Way Realty Services Inc License #3075265 Listed on: 09/07/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,831

Year Built

  • Built in 2003

Lot Details

  • Fenced

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,791 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Complete Panel Shutters or Awnings

Outdoor Features

  • Patio
  • Exterior Lighting
  • Porch

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Riverside Farms Condos
  • Riverside Farms Subdivision

Listing and Financial Details

  • Rent includes gardener
  • Assessor Parcel Number 01-31-34-038-0790

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,831

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2003
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: RIVERSIDE FARMS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Tile
  • Living Area: 1791
  • Possible Use: Unknown/Withheld
  • Stories: 1
  • Window Features: Complete Panel Shutters/Awnings, Hurricane Shutters, Other Windows

Exterior Features

  • Roof: Barrel Roof
  • Exterior Features: Exterior Lights
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RIVERSIDE FARMS
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-34-038-0790
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 4831

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
Sep 7, 2018
Closed on
Feb 19, 2019
Sold by
Gamboa Rolando Lopez
Bought by
Mchain Iii Llc
Seller's Agent
Allan Gonzalez
First Way Realty Services Inc
Buyer's Agent
Allan Gonzalez
First Way Realty Services Inc
List Price
$435,000
Sold Price
$365,000
Premium/Discount to List
-$70,000
-16.09%
Current Estimated Value
$696,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$331,384
Avg. Annual Appreciation
11.37%
Original Mortgage
$235,000
Outstanding Balance
$207,023
Interest Rate
4.4%
Mortgage Type
Commercial
Estimated Equity
$530,240

Purchase Details

Closed on
Jun 13, 2003
Sold by
Gomez Michael C
Bought by
Gamboa Rolando Lopez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
5.56%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 30, 2003
Sold by
Gomez Michael C
Bought by
City Of Miami

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,750
Interest Rate
5.56%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 2, 2002
Sold by
Of America Bank I
Bought by
Gomez Michael C

Purchase Details

Closed on
Jul 10, 2001
Sold by
Dolores C Bonne Coc I and Clerk Of Court C
Bought by
Bank Of America
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
Mchain Iii Llc $365,000 Attorney
Gamboa Rolando Lopez $225,000 --
City Of Miami -- --
Gomez Michael C $35,000 --
Bank Of America -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mchain Iii Llc $235,000
Previous Owner Gamboa Rolando Lopez $15,000
Previous Owner Lopez Rolando $50,470
Previous Owner Gamboa Rolando Lopez $213,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2019 02/19/19 Sold $365,000 -5.2% $204 / Sq Ft
01/15/2019 01/15/19 Pending -- -- --
01/08/2019 01/08/19 Price Changed $385,000 -11.5% $215 / Sq Ft
08/14/2018 08/14/18 For Sale $435,000 -- $243 / 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 $8,610 $399,872 $180,000 $219,872
2024 $8,357 $375,482 -- --
2023 $8,357 $341,348 $0 $0
2022 $7,615 $308,480 $0 $0
2021 $6,718 $280,437 $108,000 $172,437
2020 $6,346 $262,265 $87,750 $174,515
2019 $5,851 $255,343 $78,750 $176,593
2018 $5,340 $238,937 $78,750 $160,187
2017 $4,831 $190,069 $0 $0
2016 $4,638 $172,790 $0 $0
2015 $4,406 $157,082 $0 $0
2014 $3,999 $142,802 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10534490

MIAMI REALTORS® MLS

APN: 01-3134-038-0790