NOT LISTED FOR SALE

845 NE 121st St North Miami, FL 33161

Estimated Value: $733,000 - $1,108,000

3 Beds
2 Baths
2,463 Sq Ft
$369/Sq Ft Est. Value

Last Sold September 07, 2012

Last sale price $104,000 $42 Per Sq Ft

Est. 774% increase in value since last sale

Current estimated payment $5,814/month

249 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Carpet
  • 1-Story Property
  • Reverse Cycle Heating System

About This Home

As of September 2012

BANK APPROVED PRICE $104,000 .NEEDS WORK CITY GREAT DUPLEX GOOD INVESTMENT. GOOD RETURN ON THIS INVESTMENT. CENTRALLY LOCATED. , CLOSE TO MUSEUM, SCHOOLS AND PUB LIC TRANSPORTATION.REALTORS PLEASE NOTE THIS IS A SHORT SALE COMMISION MAY BE REDUCED IF THE 3RD PARTY DOES NOT APPROVE THE COMMISSION THE COMMISSION APPROVED BY THE BANK WILL BE SPLIT 50/50 BETWEEN THE SELLING AND LISTING OFFICES.24 HR NOTICED REQUIRED FOR SHOWING,NEEDS WORK

Last Agent to Sell the Property

Salvador Aleguas

MMLS Assoc.-Inactive Member License #0000735 Listed on: 10/10/2011

Last Buyer's Agent

Salvador Aleguas

MMLS Assoc.-Inactive Member License #0000735 Listed on: 10/10/2011

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • Lot Dimensions are 100x130

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,463 Sq Ft Home
  • 1-Story Property
  • Carpet

Utilities

  • Cooling System Mounted To A Wall/Window
  • Reverse Cycle Heating System

Community Details

  • Property has a Home Owners Association
  • 4 Units
  • Biscayne Terrace Condos
  • Biscayne Terrace Subdivision

Listing and Financial Details

  • Total Actual Rent $2,250
  • Assessor Parcel Number 06-22-30-018-0280

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1947
  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Directions: TAKE 826 E TO NW 2ND AV CONTINUE TO MEMORIAL HWY LEFT NE 125TH ST RIGHT ON NE 9TH AV THEN RIGHT ON NE 121ST ST
  • Horses: No
  • Lot Size: 100x130
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: BISCAYNE TERRACE
  • Year Built Details: Unknown
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: 12
  • Stories: 1

Interior Features

  • Flooring: Carpet, Other
  • Living Area: 2463
  • Possible Use: Investment
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: BISCAYNE TERRACE
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Reverse Cycle Unit
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Other

Lot Info

  • Parcel Number: 06-22-30-018-0280
  • Zoning: 4 /S FM
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 3365

Multi Family

  • Number Of Units In Community: 4
  • Total Actual Rent: 2250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2012
Sold by
Miami Property Solutions Llc
Bought by
Rubix Llc
Current Estimated Value
$908,760

Purchase Details

Listed on
Oct 10, 2011
Closed on
Sep 6, 2012
Sold by
Pel Douglas Sarayrith La
Bought by
Miami Property Solutions Llc
Seller's Agent
Salvador Aleguas
MMLS Assoc.-Inactive Member
Buyer's Agent
Salvador Aleguas
MMLS Assoc.-Inactive Member
List Price
$165,000
Sold Price
$104,000
Premium/Discount to List
-$61,000
-36.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.13%
Original Mortgage
$136,000
Interest Rate
10%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 22, 2007
Sold by
Grand Moulin Corp
Bought by
Lapel Douglas Sarayrith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
6.62%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 18, 2003
Sold by
Reza Soltani Khosrow and Reza Soltani Celine
Bought by
Grand Moulin Corp

Purchase Details

Closed on
Sep 15, 1999
Sold by
Salt Abbie R
Bought by
Chiu Celine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,892
Interest Rate
7.91%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 29, 1994
Sold by
Bernard Elizabeth P
Bought by
Salt Abbie R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,800
Interest Rate
8.82%
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
Rubix Llc $175,000 Attorney
Miami Property Solutions Llc $104,000 --
Lapel Douglas Sarayrith $360,000 Sunbelt Title Agency
Grand Moulin Corp $230,900 Trans State Title Ins Corp
Chiu Celine $130,000 --
Salt Abbie R $61,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miami Propety Solutions Inc $136,000
Previous Owner Lapel Douglas Sarayrith $342,000
Previous Owner Chiu Celine $127,597
Previous Owner Chiu Celine $126,892
Previous Owner Salt Abbie R $48,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/07/2012 09/07/12 Sold $104,000 -37.0% $42 / Sq Ft
06/15/2012 06/15/12 Pending -- -- --
10/10/2011 10/10/11 For Sale $165,000 -- $67 / 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 $10,817 $450,129 -- --
2024 $9,872 $409,209 -- --
2023 $9,872 $372,009 $0 $0
2022 $8,370 $338,190 $0 $0
2021 $7,710 $307,446 $0 $0
2020 $6,926 $351,395 $234,000 $117,395
2019 $6,167 $299,495 $182,000 $117,495
2018 $5,671 $299,594 $182,000 $117,594
2017 $5,415 $209,991 $0 $0
2016 $5,222 $190,901 $0 $0
2015 $5,118 $173,547 $0 $0
2014 $4,017 $157,770 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2012

    Salvador Aleguas

    MMLS Assoc.-Inactive Member

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1560170

MIAMI REALTORS® MLS

APN: 06-2230-018-0280

Florida Miami/Dade County North Miami 33161

845 NE 121st St, North Miami, FL

This home is located at 845 NE 121st St, North Miami, FL 33161 since 10 October 2011 and is currently estimated at $908,760, approximately $368 per square foot. This property was built in 1947. 845 NE 121st St is a home located in Miami-Dade County with nearby schools including W. J. Bryan Elementary, North Miami Middle School, and North Miami Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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