NOT LISTED FOR SALE

Estimated Value: $335,000 - $395,000

2 Beds
2 Baths
903 Sq Ft
$547/mo HOA Fee

Last Sold August 15, 2022

Last sale price $370,000 $410 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,801/month

45 Days on Market

Highlights

  • Fitness Center
  • 5-minute walk to Park West
  • Elevator
  • Wood Flooring
  • Community Pool
  • Balcony

About This Home

As of August 2022

Beautiful 2 bed 2 bath unit located at The Madison Downtown centrally located in Downtown Miami, across from the Metromover, Brightline and upcoming shops & restaurants at Miami Worldcenter. Unit features condo's most desirable split bedrooms floor plan. Recently renovated with new luxury waterproof laminate wood floors & new bathroom vanities. Includes stainless steel appliances & granite counter tops, impact windows. 5-min drive to Brickell City Centre, 10 min to South Beach, 20 min to the Miami Int'l Airport, 2 min from I-95 & AAA Arena. Condo offers cyber lounge, gym, pool, jacuzzi, basketball, tennis court, party room, volleyball, BBQ area, security guard, laundry room. Pet-Friendly. 1 assigned parking. Tenant occupied lease ends August 2022. Showings by appointment. Owner motivated!

Last Agent to Sell the Property

Carlos Rodriguez

MMLS Assoc.-Inactive Member License #3485584 Listed on: 06/16/2022

Last Buyer's Agent

Mariela Churin

Realty One Group Evolution License #3471179

Realty One Group Evolution

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,845

Year Built

  • Built in 1989

HOA Fees

  • $547 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Home Design

  • 903 Sq Ft Home
  • Entry on the 2nd floor

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub

Home Security

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Additional Features

  • West Facing Home
  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 01-31-36-089-2560

Community Details

Overview

  • High-Rise Condominium
  • Madison Downtown Condo
  • Madison Downtown Condo Subdivision
  • 22-Story Property

Amenities

  • Community Barbecue Grill
  • Laundry Facilities
  • Elevator
  • Secure Lobby

Recreation

  • Community Basketball Court
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Security Guard
  • Card or Code Access
  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,845

Year Built

Built in 1989

Lot Details

0

HOA Fees

$547 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1989
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Google maps
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: MADISON DOWNTOWN CONDO
  • Year Built Details: Unknown
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Electric Range, Refrigerator, Self Cleaning Oven
  • Interior Amenities: First Floor Entry, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Wood
  • Furnished: Unfurnished
  • Living Area: 903
  • Possible Use: Primary
  • Stories: 22
  • Window Features: Clear Impact Glass, High Impact Windows
  • Bedroom Features: Master Bath Tub
  • Dining Room Features: Snack Bar/Counter

Exterior Features

  • View: Other View
  • Exterior Features: Open Balcony, Tennis Court(s)
  • Direction Faces: West
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Park Building Name: Madison Downtown Condo
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Fuse Box
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Card Entry, Guard At Site, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 547
  • Amenities: Basketball Court, Barbecue, Laundry, Elevator(s), Exercise Room, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Lot Info

  • Parcel Number: 01-31-36-089-2560
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 3845

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Aug 15, 2022
Sold by
Labrada Jeanellie M
Bought by
Chen Aaron and Astudillo Blanca Janne
Seller's Agent
Carlos Rodriguez
MMLS Assoc.-Inactive Member
Buyer's Agent
Mariela Churin
Realty One Group Evolution
List Price
$387,000
Sold Price
$370,000
Premium/Discount to List
-$17,000
-4.39%
Current Estimated Value
$360,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,041
Avg. Annual Appreciation
-0.71%
Original Mortgage
$277,500
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2008
Sold by
Bayview Towers Associates Llc
Bought by
Labrada Jeanellie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,920
Interest Rate
5.97%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chen Aaron $370,000 Precision Home Title
Labrada Jeanellie M $169,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Aaron $277,500
Previous Owner Labrada Jeanellie M $135,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2022 08/15/22 Sold $370,000 -4.4% $410 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $387,000 0.0% $429 / Sq Ft
09/15/2021 09/15/21 Rented $2,450 +6.5% --
08/27/2021 08/27/21 For Rent $2,300 +27.8% --
03/30/2019 03/30/19 Rented $1,800 -4.0% --
03/06/2019 03/06/19 Under Contract -- -- --
01/03/2019 01/03/19 For Rent $1,875 +10.3% --
01/14/2017 01/14/17 Rented $1,700 0.0% --
01/04/2017 01/04/17 Under Contract -- -- --
12/13/2016 12/13/16 Price Changed $1,700 -2.9% $2 / Sq Ft
11/17/2016 11/17/16 Price Changed $1,750 -2.8% $2 / Sq Ft
11/09/2016 11/09/16 For Rent $1,800 0.0% --
11/02/2016 11/02/16 Under Contract -- -- --
10/20/2016 10/20/16 For Rent $1,800 +12.5% --
05/14/2014 05/14/14 Rented $1,600 -3.0% --
05/14/2014 05/14/14 For Rent $1,650 -- --
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 $4,559 $230,375 -- --
2024 $4,519 $264,710 -- --
2023 $4,519 $257,000 $0 $0
2022 $4,031 $191,200 $0 $0
2021 $3,845 $177,073 $0 $0
2020 $3,742 $171,916 $0 $0
2019 $3,750 $171,916 $0 $0
2018 $3,681 $171,916 $0 $0
2017 $3,722 $171,916 $0 $0
2016 $3,731 $165,092 $0 $0
2015 $3,511 $150,084 $0 $0
2014 $3,160 $136,440 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11223412

MIAMI REALTORS® MLS

APN: 01-3136-089-2560