NOT LISTED FOR SALE

842 Meridian Ave Unit 1B Miami Beach, FL 33139

Flamingo Neighborhood

Estimated Value: $227,000 - $258,000

1 Bed
1 Bath
500 Sq Ft
$320/mo HOA Fee

Last Sold October 09, 2019

Last sale price $135,000 $270 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,892/month

586 Days on Market

Highlights

  • Marble Flooring
  • Views
  • Heating System Mounted To A Wall or Window
  • Cooling System Mounted To A Wall/Window
  • Laundry Facilities

About This Home

As of October 2019

PRICE JUST REDUCED!!! Tastefully REMODELED 1/1 w/ Exquisite LIGHT COLOR ITALIAN MARBLE FLOORING & BATHROOM. Stainless Steel Appliances. Nice size unit. Decent Storage Space. Not a lot of light: could be perfect match for late sleepers/keeps unit cool thru the Miami Summer. Well maintained Building w/ Laundry Facility in a Charming Neighborhood. CENTRALLY LOCATED NEAR FLAMINGO PARK & WALKING DISTANCE THE BEACH & PUBLIX. MUST SEE!!!

Last Agent to Sell the Property

Valerio Spinaci

Opera REI Inc License #3314298 Listed on: 12/23/2017

Last Buyer's Agent

Valerio Spinaci

Opera REI Inc License #3314298 Listed on: 12/23/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,994

Year Built

  • Built in 1925 | Remodeled

HOA Fees

  • $320 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 500 Sq Ft Home
  • 3-Story Property
  • Marble Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-245-0040

Community Details

Overview

  • Low-Rise Condominium
  • Patricia Condo
  • The Patricia Condo Subdivision

Pet Policy

  • Breed Restrictions

Building Details

Additional Features

  • Laundry Facilities
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,994

Year Built

Built in 1925 | Remodeled

Lot Details

0

HOA Fees

$320 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE PATRICIA CONDO
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Marble
  • Furnished: Partially
  • Living Area: 500
  • Possible Use: Investment
  • Stories: 3
  • Bedroom Features: Other

Exterior Features

  • View: Other View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Patricia Condo
  • Parking Features: None

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Security: Complex Fenced, Other

Condo/Co-op/Association

  • Association Fee: 320
  • Amenities: Laundry
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-245-0040
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 320

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 2994

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2017
Closed on
Sep 18, 2019
Sold by
First Euclid 12 Unit 5 Llc
Bought by
Alibubba 0812 Llc
Seller's Agent
Valerio Spinaci
Opera REI Inc
Buyer's Agent
Valerio Spinaci
Opera REI Inc
List Price
$165,000
Sold Price
$135,000
Premium/Discount to List
-$30,000
-18.18%
Current Estimated Value
$241,944

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,944
Avg. Annual Appreciation
10.36%

Purchase Details

Closed on
Jan 31, 2014
Sold by
Totality Re Usa Llc
Bought by
First Euclid 12 Unit 5 Llc

Purchase Details

Listed on
May 17, 2013
Closed on
Sep 30, 2013
Sold by
Fannie Mae
Bought by
Totality Re Usa Llc
Seller's Agent
Jose Fente
Tropical Realty, Inc.
Buyer's Agent
Federico Olivieri
Interealty Exchange Inc
List Price
$150,500
Sold Price
$144,900
Premium/Discount to List
-$5,600
-3.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.36%

Purchase Details

Closed on
Jan 22, 2013
Sold by
Lawson Stoot Glynnis
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 10, 2013
Sold by
Stoot Glynnis Lawson
Bought by
First Euclid 12 #5 Llc

Purchase Details

Closed on
May 27, 2005
Sold by
Shehu Artur and Shehu Arthur
Bought by
Lawson Stoot Glynnis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,600
Interest Rate
5.46%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 10, 2003
Sold by
Saumat Giorgio and Saumat Irela
Bought by
Shehu Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,900
Interest Rate
6.16%

Purchase Details

Closed on
Jul 9, 2001
Sold by
K & H Investment Group C
Bought by
Saumat Irela and Saumat Giorgio
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
Alibubba 0812 Llc $135,000 Attorney
First Euclid 12 Unit 5 Llc $204,000 Attorney
Totality Re Usa Llc $144,900 Stewart Title Company
Federal National Mortgage Association $1,100 None Available
Federal National Mortgage Association $1,100 None Available
First Euclid 12 #5 Llc -- --
Lawson Stoot Glynnis $167,000 --
Shehu Arthur $117,000 --
Saumat Irela $414,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lawson Stoot Glynnis $150,000
Previous Owner Lawson Stoot Glynnis $133,600
Previous Owner Shehu Arthur $81,900
Previous Owner Saumat Irela $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2019 10/09/19 Sold $135,000 -18.2% $270 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $165,000 +22.2% $330 / Sq Ft
12/31/2018 12/31/18 Off Market $135,000 -- --
10/12/2018 10/12/18 Rented $1,399 -99.2% --
10/05/2018 10/05/18 Under Contract -- -- --
09/04/2018 09/04/18 For Sale $165,000 +11770.5% $330 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
08/09/2018 08/09/18 For Rent $1,390 0.0% --
01/30/2018 01/30/18 Price Changed $165,000 -5.2% $330 / Sq Ft
12/21/2017 12/21/17 For Sale $174,000 0.0% $348 / Sq Ft
07/14/2017 07/14/17 Rented $1,300 0.0% --
06/22/2017 06/22/17 Under Contract -- -- --
05/01/2017 05/01/17 Price Changed $1,300 +0.8% $3 / Sq Ft
04/28/2017 04/28/17 Price Changed $1,290 -7.2% $3 / Sq Ft
04/18/2017 04/18/17 Price Changed $1,390 -4.1% $3 / Sq Ft
04/10/2017 04/10/17 For Rent $1,450 -3.3% --
05/26/2016 05/26/16 Rented $1,500 0.0% --
05/10/2016 05/10/16 Under Contract -- -- --
03/25/2016 03/25/16 For Rent $1,500 0.0% --
09/30/2013 09/30/13 Sold $144,900 0.0% $290 / Sq Ft
07/23/2013 07/23/13 Pending -- -- --
06/18/2013 06/18/13 Price Changed $144,900 -3.7% $290 / Sq Ft
05/17/2013 05/17/13 For Sale $150,500 -- $301 / 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 $3,038 $168,004 -- --
2024 $2,887 $152,731 -- --
2023 $2,887 $138,847 $0 $0
2022 $2,409 $126,225 $0 $0
2021 $2,216 $114,750 $0 $0
2020 $2,962 $153,000 $0 $0
2019 $2,771 $143,000 $0 $0
2018 $2,513 $133,630 $0 $0
2017 $2,994 $157,212 $0 $0
2016 $3,116 $160,420 $0 $0
2015 $3,178 $160,420 $0 $0
2014 $2,963 $145,840 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10390235

MIAMI REALTORS® MLS

APN: 02-4203-245-0040