$560,000
SOLD SEP 8, 2023
-- Bed
-- Bath
1,120 Sq Ft
6,752 Sq Ft Lot

Recently Sold

$500 Per Sq Ft

61 Days on Market

Highlights

  • Wood Flooring
  • Concrete Block With Brick
  • Heating Available
  • No HOA
  • Cooling Available
  • 1-Story Property

About This Home

As of September 2023

Property appraised at 560k! Previous contract fell through due to buyer's financing. Take a look at this completely renovated income producing property for both first time home buyers and investors! With each unit producing $2,000 a month, this home is perfect as it is only 5-10 minutes away from the marinas, shopping centers, Las Olas, and the beach! The backyard provides ample space to enjoy the beautiful Florida weather, privately fences off for each unit. The modern finishes throughout the home add the perfect touch of elegance and sophistication to this already magnificent property. Don't miss your chance to own this beautiful home.

Last Agent to Sell the Property

Gabriel Mourra

MMLS Assoc.-Inactive Member Brokerage Phone: 786-386-1169 License #3561414 Listed on: 07/08/2023

Last Buyer's Agent

Brittany Persaud

Keller Williams Dedicated Professionals License #3343023

Keller Williams Dedicated Professionals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,476

Year Built

  • Built in 1952

Parking

  • 8 Parking Spaces

Home Design

  • Duplex
  • Concrete Block With Brick
  • Flat Roof with Façade front
  • Flat Tile Roof

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • Oak Grove Condos
  • Oak Grove Subdivision

Listing and Financial Details

  • Rent includes electricity
  • Assessor Parcel Number 504221161930

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,476

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1952
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: OAK GROVE
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Attribution Contact: 786-386-1169
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Wood
  • Living Area: 1120
  • Possible Use: Primary
  • Stories: 1

Exterior Features

  • Roof: Flat Tile, Flat Roof With Facade Front
  • Construction Type: Concrete Block With Brick
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: OAK GROVE
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 504221161930
  • Zoning: RD-15
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5476

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2023
Closed on
Sep 7, 2023
Sold by
941 Sw 29 St Llc
Bought by
Christine Marie Sanchez Living Trust and Sanchez
Seller's Agent
Gabriel Mourra
MMLS Assoc.-Inactive Member
Buyer's Agent
Brittany Persaud
Keller Williams Dedicated Professionals
List Price
$560,000
Sold Price
$560,000
Views
118
Current Estimated Value
$572,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,089
Avg. Annual Appreciation
1.07%
Original Mortgage
$549,857
Outstanding Balance
$536,261
Interest Rate
6.13%
Mortgage Type
FHA
Estimated Equity
$35,828

Purchase Details

Closed on
Aug 29, 2018
Sold by
Roque Obdulia and Ramirez Roberto
Bought by
Ramirez Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 1998
Sold by
Miller James W
Bought by
Ramirez Roberto and Roque Obdulia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,750
Interest Rate
7.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 1, 1984
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $560,000 Gold Coast Settlement Services
Interfamily Deed Transfer -- None Available
Warranty Deed $75,000 --
Warranty Deed $33,429 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $549,857 FHA
Previous Owner $125,000 New Conventional
Previous Owner $63,750 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2023 09/08/23 Sold $560,000 0.0% $500 / Sq Ft
07/08/2023 07/08/23 For Sale $560,000 +51.4% $500 / Sq Ft
06/16/2022 06/16/22 Sold $370,000 -1.9% $330 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/16/2022 05/16/22 Price Changed $377,000 -4.6% $337 / Sq Ft
05/06/2022 05/06/22 Price Changed $395,000 -8.1% $353 / Sq Ft
04/09/2022 04/09/22 Price Changed $430,000 0.0% $384 / Sq Ft
04/09/2022 04/09/22 For Sale $430,000 +16.2% $384 / Sq Ft
04/03/2022 04/03/22 Off Market $370,000 -- --
03/31/2022 03/31/22 For Sale $390,000 +5.4% $348 / Sq Ft
02/25/2022 02/25/22 Off Market $370,000 -- --
02/21/2022 02/21/22 For Sale $282,000 -- $252 / 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 $10,935 $543,930 $43,850 $500,080
2024 $7,437 $520,320 $20,240 $500,080
2023 $7,437 $330,140 $20,240 $309,900
2022 $5,476 $196,220 $0 $0
2021 $4,894 $178,390 $0 $0
2020 $4,318 $193,680 $20,240 $173,440
2019 $3,503 $168,300 $20,240 $148,060
2018 $3,088 $156,370 $20,240 $136,130
2017 $2,863 $121,860 $0 $0
2016 $2,681 $110,790 $0 $0
2015 $2,425 $100,720 $0 $0
2014 $1,093 $50,760 $0 $0
2013 -- $77,900 $20,240 $57,660
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11415987

MIAMI REALTORS® MLS

APN: 50-42-21-16-1930