$765,000
SOLD FEB 28, 2023
3 Beds
2 Baths
1,429 Sq Ft
7,500 Sq Ft Lot

Recently Sold

$535 Per Sq Ft

10% Below List Price

123 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System
  • Circular Driveway
  • 1-Story Property
  • 5-minute walk to Baywood Park

About This Home

As of December 2024

REDUCED! Great opportunity in Miami's Historic Bayside Neighborhood. This 2/2 1 Car Garage (Originally a 3/2 1 Car Garage) is on the market for the first time in over 30 years. Built-in 1949 in one of Miami's most sought-after neighborhoods this is a diamond in the rough. Renovate the existing home or build your dream home in this magnificent neighborhood. The seller is firm on price, all cash, with no contingencies. The neighboring home (890 NE 72 St) just closed at $1,295,000. SELLER MOTIVATED

Last Agent to Sell the Property

Manulani Acosta

We Are Miami, LLC. License #3146320 Listed on: 10/27/2022

Last Buyer's Agent

Manulani Acosta

We Are Miami, LLC. License #3146320 Listed on: 10/27/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,425

Year Built

  • Built in 1949

Lot Details

  • 7,500 Sq Ft Lot
  • North Facing Home
  • Property is zoned 0104

Parking

  • 1 Car Garage
  • Circular Driveway
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,429 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Tile Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Washington Place Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-32-07-032-0480

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,425

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1949
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: WASHINGTON PLACE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Family Room
  • Spa Yn: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1429
  • Possible Use: Investment
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Family Room

Exterior Features

  • Roof: Barrel Roof
  • View: None
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: WASHINGTON PLACE
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Circular Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-07-032-0480
  • Lot Size Sq Ft: 7500
  • Zoning: 0104
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 13425

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Dec 12, 2024
Sold by
Common Nature Bk1 Llc
Bought by
Shatil Ben and Zelaya Marcus
Seller's Agent
David Pullman
One Sotheby's International Re
Buyer's Agent
David Blumenfeld
Method Florida, LLC
List Price
$1,495,000
Sold Price
$1,400,000
Premium/Discount to List
-$95,000
-6.35%
Views
92
Current Estimated Value
$1,321,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$78,799
Avg. Annual Appreciation
-1.52%
Original Mortgage
$1,260,000
Outstanding Balance
$1,250,446
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$135,083

Purchase Details

Listed on
Oct 27, 2022
Closed on
Feb 28, 2023
Sold by
Oguntoyinbo Michael and Oguntoyinbo Helen
Bought by
Common Nature Bk1 Llc
Seller's Agent
Manulani Acosta
We Are Miami, LLC.
Buyer's Agent
Manulani Acosta
We Are Miami, LLC.
List Price
$850,000
Sold Price
$765,000
Premium/Discount to List
-$85,000
-10%
Views
15

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
40.16%

Purchase Details

Closed on
Apr 29, 2015
Sold by
Taylor Paul N
Bought by
Oguntoyinbo Michael
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,400,000 Law Title
Warranty Deed $765,000 E Title Services
Warranty Deed $100,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,260,000 New Conventional
Previous Owner $125,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2024 12/12/24 Sold $1,400,000 -3.4% $980 / Sq Ft
07/29/2024 07/29/24 Price Changed $1,450,000 -3.0% $1,015 / Sq Ft
06/06/2024 06/06/24 For Sale $1,495,000 +95.4% $1,046 / Sq Ft
02/28/2023 02/28/23 Sold $765,000 -4.4% $535 / Sq Ft
01/10/2023 01/10/23 Price Changed $799,999 -5.9% $560 / Sq Ft
10/27/2022 10/27/22 For Sale $850,000 -- $595 / 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 $17,362 $1,095,509 $825,000 $270,509
2024 $13,715 $847,681 $712,500 $135,181
2023 $13,715 $695,571 $0 $0
2022 $13,425 $524,638 $0 $0
2021 $10,511 $476,825 $375,000 $101,825
2020 $9,897 $446,825 $345,000 $101,825
2019 $9,918 $446,825 $345,000 $101,825
2018 $9,739 $446,825 $345,000 $101,825
2017 $9,602 $429,632 $0 $0
2016 $8,905 $390,575 $0 $0
2015 $6,769 $276,564 $0 $0
2014 $6,094 $251,422 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11291386

MIAMI REALTORS® MLS

APN: 01-3207-032-0480