NOT LISTED FOR SALE

840 NW 44th Ave Miami, FL 33126

Flagami Neighborhood

Estimated Value: $660,000 - $834,000

3 Beds
2 Baths
2,755 Sq Ft
$268/Sq Ft Est. Value

Last Sold September 26, 2017

Last sale price $300,000 $109 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $4,663/month

232 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Fenced
  • Coral Gables Senior High School Rated A-
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of September 2017

--REDUCED--Great income property, cemented driveway, fenced. Presently used as an ALF (Adult Living Facility). Tenant does Not have a Lease. Great potential! --BUYER MUST PURCHASE THE PROPERTY OCCUPIED--BUSINESS IS NOT INCLUDED ON SALE--DO NOT DISTURB TENANTS--BY APPOINTMENT ONLY--SOLD AS-IS--CASH ONLY--Centrally Located near Miami Airport and main highways.

Last Agent to Sell the Property

Alberto De Armas

NXT LVL Realty Inc License #0595832 Listed on: 12/29/2016

NXT LVL Realty Inc

Co-Listed By

Lujan Perez

NB Elite Realty License #0676644

Last Buyer's Agent

Alberto De Armas

NXT LVL Realty Inc License #0595832 Listed on: 12/29/2016

NXT LVL Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,088

Year Built

  • Built in 1956

Lot Details

  • Fenced
  • Property is zoned R-3

Parking

  • 4 Parking Spaces

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,755 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Rainey Manors Subdivision

Listing and Financial Details

  • Rent includes rent incl
  • Assessor Parcel Number 01-31-32-016-0030

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,088

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1956
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Co List Office Mls Id: FDLT
  • Co List Office Phone: 305-264-6351
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: Rainey Manors
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 2755
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Rainey Manors
  • Total Parking Spaces: 4

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-32-016-0030
  • Zoning: R-3
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5088

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
Dec 29, 2016
Closed on
Sep 26, 2017
Sold by
Yuen Leon Chau and Zhou Chiao Xiao Jun Ye
Bought by
Developer Group Miami Llc
Seller's Agent
Alberto De Armas
NXT LVL Realty Inc
Buyer's Agent
Alberto De Armas
NXT LVL Realty Inc
List Price
$349,000
Sold Price
$300,000
Premium/Discount to List
-$49,000
-14.04%
Current Estimated Value
$739,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,589
Avg. Annual Appreciation
11.78%

Purchase Details

Listed on
Feb 12, 2013
Closed on
Apr 12, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Yuen Leon Chau and Zhou Chiao Xiao Jun Ye
Seller's Agent
Alberto De Armas
NXT LVL Realty Inc
Buyer's Agent
Alberto De Armas
NXT LVL Realty Inc
List Price
$206,000
Sold Price
$171,000
Premium/Discount to List
-$35,000
-16.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.56%

Purchase Details

Closed on
Jan 19, 2012
Sold by
Vega Edel D
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Sep 11, 2006
Sold by
Fontrodona Ernesto
Bought by
Vega Edel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.58%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 20, 2006
Sold by
Guzman Mayra E
Bought by
Fontrodona Ernesto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.58%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 6, 2003
Sold by
Machado Carlos
Bought by
Fontrodona Ernesto and Guzman Mayra E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2001
Sold by
Gustavo Rodriguez M and Concepcion Rodriguez M
Bought by
Machado Carlos

Purchase Details

Closed on
Jan 12, 1994
Sold by
Rodriguez Concepcion and Rodriguez Gustavo
Bought by
Rodriguez Concepcion and Rodriguez Gustavo
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
Developer Group Miami Llc $300,000 Attorney
Yuen Leon Chau $171,000 Buyers Title Inc
Deutsche Bank National Trust Company -- None Available
Vega Edel D $390,000 Premier Title & Research Inc
Fontrodona Ernesto -- None Available
Fontrodona Ernesto $270,000 New Millennium Title Company
Machado Carlos $175,000 --
Rodriguez Concepcion -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vega Edel D $312,000
Previous Owner Machado Carlos $100,000
Previous Owner Fontrodona Ernesto $270,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/26/2017 09/26/17 Sold $300,000 -8.8% $109 / Sq Ft
07/28/2017 07/28/17 Pending -- -- --
02/25/2017 02/25/17 Price Changed $329,000 -2.9% $119 / Sq Ft
01/27/2017 01/27/17 Price Changed $339,000 -2.9% $123 / Sq Ft
12/08/2016 12/08/16 For Sale $349,000 +104.1% $127 / Sq Ft
04/25/2013 04/25/13 Sold $171,000 -17.0% $60 / Sq Ft View Prior Sale
03/22/2013 03/22/13 Pending -- -- --
02/11/2013 02/11/13 For Sale $206,000 -- $72 / 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 $9,276 $383,409 -- --
2024 $8,573 $348,554 -- --
2023 $8,573 $316,868 $0 $0
2022 $6,974 $288,603 $0 $0
2021 $6,615 $262,367 $0 $0
2020 $6,300 $303,047 $214,200 $88,847
2019 $5,499 $232,233 $142,800 $89,433
2018 $0 $197,121 $107,100 $90,021
2017 $4,948 $197,707 $0 $0
2016 $5,088 $198,295 $0 $0
2015 $5,080 $192,127 $0 $0
2014 $4,721 $174,661 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2017

    Alberto De Armas

    NXT LVL Realty Inc

    2 Total Sales

    Alberto De Armas
    Section Image

  • L

    Seller Co-Listing Agent in 2017

    Lujan Perez

    NB Elite Realty

    (305) 264-6351

    13 Total Sales

    Lujan Perez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10198307

MIAMI REALTORS® MLS

APN: 01-3132-016-0030

Florida Miami/Dade County Miami 33126 Flagami

840 NW 44th Ave, Miami, FL

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