NOT LISTED FOR SALE

Estimated Value: $582,061 - $789,000

3 Beds
2 Baths
1,299 Sq Ft
$527/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $450,000 $346 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,361/month

38 Days on Market

Highlights

  • No HOA
  • Patio
  • Fenced
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • Heat Pump System

About This Home

As of April 2021

Great opportunity! Two detached buildings - main house is a completely renovated 3 Bed/2 Bath and a separate detached studio unit at the rear. Both homes are currently rented - main house is rented at $2,200/mo and rear home is rented at $895/mo. Tenants are separately metered for electricity, water and sewer. Great, quiet neighborhood in Little Havana with easy access to SR 836 and I-95. Both homes have been completely renovated from the ground up with porcelain tile floors, quartz countertops, updated bathrooms and new Central a/c for the 3/2 and wall unit for the studio. On site parking.

Last Agent to Sell the Property

Leonardo Delgado Jr.

Resivest Realty LLC License #3219154 Listed on: 01/12/2021

Last Buyer's Agent

Angela Perera

Innovations Realty, Inc. License #0697547

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,581

Year Built

  • Built in 1940

Lot Details

  • 4,748

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Substantially Remodeled
  • Shingle Roof
  • Built-Up Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,299 Sq Ft Home
  • 1-Story Property
  • Single Hung Metal Windows
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heat Pump System

Additional Features

  • Patio
  • Fenced

Listing and Financial Details

  • Total Actual Rent $37,140
  • Rent includes gardener, trash collection
  • Assessor Parcel Number 01-31-34-041-0150

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ridgeview Condos
  • Ridgeview Subdivision

Building Details

  • Operating Expense $6,498
  • Net Operating Income $30,642

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,581

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1940
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: RIDGEVIEW
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1299
  • Possible Use: Primary
  • Stories: 1
  • Window Features: Single Hung Metal

Exterior Features

  • Roof: Built-Up, Shingle
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RIDGEVIEW
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Heat Pump/Reverse Cycle
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-34-041-0150
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Trash Collection

Multi Family

  • Net Operating Income: 30642
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Operating Expense: 6498
  • Total Actual Rent: 37140

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4581

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2021
Closed on
Mar 30, 2021
Sold by
Flm Nw Portfolio Llc
Bought by
Gomez Wilfredo G
Seller's Agent
Leonardo Delgado Jr.
Resivest Realty LLC
Buyer's Agent
Angela Perera
Innovations Realty, Inc.
List Price
$469,900
Sold Price
$450,000
Premium/Discount to List
-$19,900
-4.23%
Current Estimated Value
$684,479

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,479
Avg. Annual Appreciation
9.41%
Original Mortgage
$441,849
Outstanding Balance
$400,661
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$265,432

Purchase Details

Listed on
Mar 3, 2016
Closed on
May 10, 2016
Sold by
Basadre Ana R and Turner Jolie R
Bought by
Flm Nw Portfolio Llc
Seller's Agent
Nidia Robertson
Shelton and Stewart REALTORS
Buyer's Agent
Nidia Robertson
Shelton and Stewart REALTORS
Sold Price
$205,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.33%
Original Mortgage
$400,000
Interest Rate
3.59%
Mortgage Type
Unknown

Purchase Details

Closed on
May 21, 2009
Sold by
Basadre Ana R
Bought by
Basadre Ana R and Turner Jolie R
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
Gomez Wilfredo G $450,000 Attorney
Flm Nw Portfolio Llc $500,000 Attorney
Basadre Ana R -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gomez Wilfredo G $441,849
Previous Owner Flm Nw Portfolio Llc $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $450,000 -4.2% $346 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $469,900 +129.2% $362 / Sq Ft
05/10/2016 05/10/16 Sold $205,000 -- $158 / Sq Ft
03/21/2016 03/21/16 Pending -- -- --
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 $7,567 $369,721 $190,000 $179,721
2024 $7,578 $381,535 -- --
2023 $7,578 $371,784 $0 $0
2022 $7,091 $349,094 $166,250 $182,844
2021 $5,348 $213,025 $0 $0
2020 $4,581 $179,416 $92,625 $86,791
2019 $4,390 $170,032 $83,125 $86,907
2018 $4,063 $161,146 $83,125 $78,021
2017 $3,765 $141,850 $0 $0
2016 $2,978 $94,444 $0 $0
2015 $2,803 $85,859 $0 $0
2014 $2,530 $78,054 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10981863

MIAMI REALTORS® MLS

APN: 01-3134-041-0150