NOT LISTED FOR SALE

Estimated Value: $558,337 - $785,000

4 Beds
2 Baths
1,701 Sq Ft
$374/Sq Ft Est. Value

Last Sold January 17, 2018

Last sale price $288,000 $169 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $3,961/month

94 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Ceramic Tile Flooring

About This Home

As of January 2018

Excellent investment property in very good condition. Convenient location close to 836 and Calle Ocho. Stable tenants on a month to month and are also willing to sign an annual lease. The rents are $1400 a month for the 3/1 unit and $1200 a month for the 2/1 unit. Good property for someone that would like to live in one of the units and rent the other unit for income or keep them both as investment income. Please make sure your client is pre-qualified before showing. Call Francis for more details.

Last Agent to Sell the Property

Goran Tevdovski

MMLS Assoc.-Inactive Member License #3274203 Listed on: 10/02/2017

Co-Listed By

Ramesh Francis Khan

Sterling Equity Realty LLC License #0406161

Last Buyer's Agent

Ramesh Francis Khan

Sterling Equity Realty LLC License #0406161

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,652

Year Built

  • Built in 1968

Lot Details

  • 4,487

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,701 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Riverside Farms Condos
  • Riverside Farms Subdivision

Listing and Financial Details

  • Rent includes gardener, pest control, sewer, trash collection
  • Assessor Parcel Number 01-31-34-038-1021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,652

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1968
  • Property Sub Type: Duplex
  • Architectural Style: Attached, Ranch
  • Co List Office Mls Id: EQUT01
  • Co List Office Phone: 305-804-4848
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: RIVERSIDE FARMS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 1701
  • Possible Use: Investment
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: RIVERSIDE FARMS
  • Total Parking Spaces: 3

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-34-038-1021
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Pest Control, Sewer, Trash Collection

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3652

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2017
Closed on
Jan 17, 2018
Sold by
Dapena Juan Carlos and Dapena Mercedes D
Bought by
Gervais Miguel Mendez and Mendez Gloria I
Seller's Agent
Goran Tevdovski
MMLS Assoc.-Inactive Member
Buyer's Agent
Ramesh Francis Khan
Sterling Equity Realty LLC
List Price
$395,000
Sold Price
$288,000
Premium/Discount to List
-$107,000
-27.09%
Current Estimated Value
$636,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,334
Avg. Annual Appreciation
10.68%

Purchase Details

Closed on
Jan 11, 2006
Sold by
Pacheco Celida M and Pacheco Domingo S
Bought by
Dapena Juan C and Dapena Mercedes D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 25, 1995
Sold by
Delos Rios Ovidio M and De Los Rios Ines E
Bought by
Pacheco Celida M and Pacheco Domingo S
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
Gervais Miguel Mendez $288,000 Attorney
Dapena Juan C $375,000 South Title Services Inc
Pacheco Celida M $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dapena Juan C $300,000
Previous Owner Pacheco Domingo S $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2018 01/17/18 Sold $288,000 -24.0% $169 / Sq Ft
01/08/2018 01/08/18 Price Changed $379,000 -4.1% $223 / Sq Ft
01/03/2018 01/03/18 Pending -- -- --
10/01/2017 10/01/17 For Sale $395,000 -- $232 / 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 $5,922 $267,081 -- --
2024 $7,144 $242,801 -- --
2023 $7,144 $282,516 $0 $0
2022 $6,495 $256,833 $0 $0
2021 $5,727 $233,485 $0 $0
2020 $5,251 $210,852 $87,750 $123,102
2019 $5,069 $201,852 $78,750 $123,102
2018 $4,221 $190,195 $78,750 $111,445
2017 $3,814 $139,440 $0 $0
2016 $3,652 $126,764 $0 $0
2015 $3,453 $115,240 $0 $0
2014 $3,136 $104,764 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10349199

MIAMI REALTORS® MLS

APN: 01-3134-038-1021