NOT LISTED FOR SALE

Estimated Value: $929,000 - $1,029,000

7 Beds
3 Baths
1,581 Sq Ft
$611/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $470,000 $297 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $6,236/month

10 Days on Market

Highlights

  • Room in yard for a pool
  • Balcony
  • Shed
  • No HOA
  • Patio
  • Ceramic Tile Flooring

About This Home

As of September 2018

Large duplex home with big yard, centrally located in a great neighborhood. Property is in close proximity to Miami International Airport, shopping centers and Miami Springs. Ample parking for both units, each have their own folio numbers and can be sold separately. Each unit has separate water and electric meters, have new water heaters, new air conditioning units and include all hurricane shutters. 952: Recently renovated 4 bedroom 2 bathroom plus an efficiency with separate entrance. 958: is a 3 bedroom, 1.5 bathroom unit on the second floor. There are tenants currently occupying both units on month to month terms, both willing to sign yearly leases, details of which can be discussed with tenants. PLEASE DO NOT DISTURB TENANTS. EASY TO SHOW, ONLY 24 HOUR NOTICE!

Last Agent to Sell the Property

Franchesca Ortega

Real Estate Boutique of So Fla License #3409415 Listed on: 07/20/2018

Last Buyer's Agent

Emma Machlin

Mari Real Estate & Management Group, Inc License #3262144

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,152

Year Built

  • Built in 1947

Lot Details

  • 8,494

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Substantially Remodeled
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,581 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Outdoor Features

  • Room in yard for a pool
  • Balcony
  • Patio
  • Exterior Lighting
  • Shed

Additional Features

  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $58,800
  • Assessor Parcel Number 04-31-08-002-5920

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Hialeah 13Th Addn Amd Pl Condos
  • Hialeah 13Th Addn Amd Pl Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Operating Expense $9,367
  • Net Operating Income $49,433

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,152

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1947
  • Property Sub Type: Duplex
  • Directions: USE GPS
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: HIALEAH 13TH ADDN AMD PL
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Stairs
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1581
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Exterior Features: Balcony, Fruit Trees, Exterior Lights, Room For Pool
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Extra Building/Shed
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HIALEAH 13TH ADDN AMD PL
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Green Building Features: Laundry Facility
  • 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: 04-31-08-002-5920
  • Zoning: 5400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Multi Family

  • Net Operating Income: 49433
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Operating Expense: 9367
  • Total Actual Rent: 58800

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 6152

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2021
Sold by
Sainz Ernesto J and Sainz Denise
Bought by
Ledesma Manuci and Ledesma Manuel Revocable
Current Estimated Value
$965,242

Purchase Details

Listed on
Jul 20, 2018
Closed on
Sep 14, 2018
Sold by
Gonzalez Blas Antonio and Gonzalez Lydia
Bought by
Ortega Jorge Luis and Ortega Esther Loyda
Seller's Agent
Franchesca Ortega
Real Estate Boutique of So Fla
Buyer's Agent
Emma Machlin
Mari Real Estate & Management Group, Inc
List Price
$475,000
Sold Price
$470,000
Premium/Discount to List
-$5,000
-1.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.89%
Original Mortgage
$352,500
Interest Rate
4.5%
Mortgage Type
New Conventional
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
Ledesma Manuci $641,000 Homepartners Title Services
Ortega Jorge Luis $470,000 Capital Title Group Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sainz Ernesto J $367,350
Previous Owner Ortega Jorge Luis $352,500
Previous Owner Ortega Jorge Luis $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2018 09/14/18 Sold $470,000 -1.1% $297 / Sq Ft
07/13/2018 07/13/18 For Sale $475,000 -- $300 / 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 $11,841 $560,338 -- --
2024 $8,811 $516,411 -- --
2023 $8,811 $469,465 $230,054 $239,411
2022 $8,137 $433,771 $191,712 $242,059
2021 $5,537 $287,280 $155,620 $131,660
2020 $5,180 $268,037 $142,396 $125,641
2019 $3,703 $191,120 $67,808 $123,312
2018 $4,497 $333,077 $90,483 $242,594
2017 $3,152 $154,236 $0 $0
2016 $2,798 $140,215 $0 $0
2015 $2,614 $127,469 $0 $0
2014 $2,391 $115,881 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10506088

MIAMI REALTORS® MLS

APN: 04-3108-002-5920