NOT LISTED FOR SALE

Estimated Value: $881,000 - $1,142,000

4 Beds
2 Baths
2,455 Sq Ft
$419/Sq Ft Est. Value

Last Sold January 14, 2014

Last sale price $335,000 $136 Per Sq Ft

Est. 207% increase in value since last sale

Current estimated payment $6,547/month

91 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • 1-Story Property
  • Coral Gables Senior High School Rated A-
  • Central Heating and Cooling System

About This Home

As of January 2014

Great investment The Groves doorstep. A legal duplex with 2 electric meters and 2 water meters. Tenants pay water and electric. Front unit originally 3/2 divided into large 2/1 paying $1100 and separate studio paying $590 (very long time tenant). Rear uni t is a large 3/2 leased until 05/2014 at $1700 also paying their utilities. Shown strictly by appt. Please do not disturb tenants. Price is firm! Cannot be shown until owner returns on 10/10/2013

Last Agent to Sell the Property

Julio Cotera

Cotera Realty License #0319357 Listed on: 10/02/2013

Last Buyer's Agent

Julio Cotera

Cotera Realty License #0319357 Listed on: 10/02/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,429

Year Built

  • Built in 1966

Lot Details

  • 7,492

Parking

  • 5 Parking Spaces

Home Design

  • Triplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,455 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 4 Units
  • Pomelo Park Condos
  • Pomelo Park Subdivision

Listing and Financial Details

  • Total Actual Rent $40,680
  • Rent includes trash collection
  • Assessor Parcel Number 01-41-16-018-0180

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,429

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1966
  • Property Sub Type: Triplex
  • Architectural Style: Ranch
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: POMELO PARK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 2455
  • Possible Use: Investment
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: POMELO PARK
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • 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: 01-41-16-018-0180
  • Zoning: 57/GENER
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 4429

Multi Family

  • Number Of Units In Community: 4
  • Total Actual Rent: 40680

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2013
Closed on
Jan 14, 2014
Sold by
Valor Joaquin
Bought by
Zellman Ted and Zellman Sandra Gordon
Seller's Agent
Julio Cotera
Cotera Realty
Buyer's Agent
Julio Cotera
Cotera Realty
List Price
$419,017
Sold Price
$335,000
Premium/Discount to List
-$84,017
-20.05%
Current Estimated Value
$1,029,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$694,666
Avg. Annual Appreciation
10.05%

Purchase Details

Listed on
Oct 11, 2012
Closed on
Feb 21, 2013
Sold by
Hardwick Maria Edit
Bought by
Valor Joaquin
Seller's Agent
David Heinrich
The Keyes Company
Buyer's Agent
David Heinrich
The Keyes Company
List Price
$350,000
Sold Price
$306,000
Premium/Discount to List
-$44,000
-12.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.10%

Purchase Details

Closed on
Apr 28, 2006
Sold by
Hardwick Maria E
Bought by
The Hardwick Revocable Living Trust

Purchase Details

Closed on
Nov 2, 2005
Sold by
The Hardwick Revocable Living Trust
Bought by
Hardwick Maria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 25, 2003
Sold by
Hardwick Oglesby and Hardwick Maria Edit
Bought by
Hardwick Oglesby and Hardwick Maria

Purchase Details

Closed on
Jan 22, 1998
Sold by
Frank and Alvarez Mercedes
Bought by
Hardwick Oglesby and Hardwick Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,500
Interest Rate
7.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 1997
Sold by
Francisco and Alvarez Mercedes
Bought by
Alvarez Frank and Alvarez Mercedes M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.56%
Mortgage Type
Credit Line Revolving
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
Zellman Ted $330,000 Attorney
Valor Joaquin $306,000 Bp Title Services Inc
The Hardwick Revocable Living Trust -- None Available
Hardwick Maria E -- None Available
Hardwick Oglesby -- --
Hardwick Oglesby $175,000 --
Alvarez Frank $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hardwick Maria E $227,000
Previous Owner Alvarez Frank $130,900
Previous Owner Alvarez Frank $130,900
Previous Owner Alvarez Frank $122,500
Previous Owner Alvarez Frank $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2014 01/14/14 Sold $335,000 -20.1% $136 / Sq Ft
01/01/2014 01/01/14 Pending -- -- --
10/02/2013 10/02/13 For Sale $419,017 +36.9% $171 / Sq Ft
03/05/2013 03/05/13 Sold $306,000 -12.6% $125 / Sq Ft View Prior Sale
01/08/2013 01/08/13 Pending -- -- --
10/11/2012 10/11/12 For Sale $350,000 -- $143 / 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 $13,053 $623,117 -- --
2024 $12,197 $566,470 -- --
2023 $12,197 $514,973 $0 $0
2022 $10,669 $468,158 $0 $0
2021 $9,803 $425,599 $307,587 $118,012
2020 $9,341 $402,888 $284,862 $118,026
2019 $9,203 $395,501 $277,462 $118,039
2018 $8,500 $388,130 $270,064 $118,066
2017 $7,707 $327,957 $0 $0
2016 $7,316 $300,396 $0 $0
2015 $6,923 $277,174 $0 $0
2014 $5,926 $227,769 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A1850859

MIAMI REALTORS® MLS

APN: 01-4116-018-0180