NOT LISTED FOR SALE

Estimated Value: $627,118 - $941,000

7 Beds
3 Baths
1,982 Sq Ft
$386/Sq Ft Est. Value

Last Sold July 18, 2018

Last sale price $360,000 $182 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $5,023/month

67 Days on Market

Highlights

  • No HOA
  • Slate Flooring
  • Central Heating and Cooling System

About This Home

As of July 2018

Great investment opportunity! Fully occupied fourplex with current tenants paying under market value. Potential for more income. Floor plan is composed by one second floor unit with 4 bedrooms, 2 more units downstairs with 2 bedrooms and 1 bathroom, plus a extra detached unit with 1 bedroom and 1 bathroom. New roof. Only showing to serious buyers with 24-hour advanced notice. DO NOT DISTURB TENANTS UNDER ANY CIRCUMSTANCES.

Last Agent to Sell the Property

Filippo Incorvaia

FI Real Estate Brokerage LLC License #3285863 Listed on: 04/27/2018

Co-Listed By

Araceli Villanueva

Araceli Villanueva PA License #3277993

Last Buyer's Agent

Jose Almanzar

Josly Realty License #3260061

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,272

Year Built

  • Built in 1921

Lot Details

  • 7,144

Parking

  • 6 Parking Spaces

Home Design

  • Quadruplex
  • Frame With Stucco
  • Flat Roof with Façade front

Interior Spaces

  • 1,982 Sq Ft Home
  • 2-Story Property

Flooring

  • Parquet
  • Slate Flooring
  • Ceramic Tile

Utilities

  • Central Heating and Cooling System

Community Details

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

Listing and Financial Details

  • Rent includes trash collection, water
  • Assessor Parcel Number 01-31-34-038-1150

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,272

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1921
  • Property Sub Type: Residential
  • Architectural Style: Attached
  • Co List Office Mls Id: DEOM10
  • Co List Office Phone: 305-677-5000
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Residential
  • Subdivision Name: RIVERSIDE FARMS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor, Other, Parquet, Slate
  • Living Area: 1982
  • Possible Use: Unknown/Withheld
  • Stories: 2

Exterior Features

  • Roof: Flat Roof With Facade Front
  • Construction Type: Frame With Stucco
  • 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: 6

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: 01-31-34-038-1150
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 5272

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2018
Closed on
Jul 7, 2018
Sold by
Sosa Miguel A
Bought by
Investment Property J A M Llc
Seller's Agent
Filippo Incorvaia
FI Real Estate Brokerage LLC
Buyer's Agent
Jose Almanzar
Josly Realty
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%
Current Estimated Value
$765,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405,280
Avg. Annual Appreciation
10.89%

Purchase Details

Closed on
Apr 7, 2011
Sold by
The Bank Of New York Mellon
Bought by
Sosa Miguel A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.83%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 13, 2010
Sold by
Gorrin Norma
Bought by
Bank Of New York

Purchase Details

Closed on
Nov 28, 2006
Sold by
Ramirez Julio and Ramirez Xiomara
Bought by
Gorrin Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
6.29%
Mortgage Type
New Conventional
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
Investment Property J A M Llc $360,000 Flamingo Title Services Inc
Sosa Miguel A $75,000 First American Title
Bank Of New York $64,300 None Available
Gorrin Norma $430,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sosa Miguel A $40,000
Previous Owner Gorrin Norma $430,000
Previous Owner Ramirez Xiomara $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2018 07/18/18 Sold $360,000 -9.8% $182 / Sq Ft
07/03/2018 07/03/18 Pending -- -- --
04/27/2018 04/27/18 For Sale $399,000 -- $201 / 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 $10,621 $485,603 -- --
2024 $10,305 $441,458 -- --
2023 $10,305 $401,326 $0 $0
2022 $9,331 $364,842 $0 $0
2021 $8,208 $331,675 $0 $0
2020 $7,586 $302,637 $139,425 $163,212
2019 $7,295 $288,337 $125,125 $163,212
2018 $5,855 $271,453 $125,125 $146,328
2017 $5,272 $184,698 $0 $0
2016 $5,033 $167,908 $0 $0
2015 $4,744 $152,644 $0 $0
2014 $4,287 $138,768 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10459501

MIAMI REALTORS® MLS

APN: 01-3134-038-1150