NOT LISTED FOR SALE

Estimated Value: $756,911 - $1,027,000

5 Beds
3 Baths
2,358 Sq Ft
$366/Sq Ft Est. Value

Last Sold March 03, 2020

Last sale price $480,000 $204 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,588/month

14 Days on Market

Highlights

  • No HOA
  • Terrazzo Flooring
  • No Heating
  • Seminole Elementary School Rated 9+
  • Central Air
  • 1-Story Property

About This Home

As of March 2020

Great duplex investment opportunity in the heart of Miami, currently rented under market value. lots of potential. 1 unit has 3 bedrooms and 2 bathrooms, in good fair condition, appliances belong to the tenant, the second unit is a 2 bedroom and 1 bathroom in good fair condition. both units have washer and dryer hooks. 2 separate meters for water and electricity.
Property is being sold in as is condition with right to inspect. Cash and conventional will be considered

Last Agent to Sell the Property

Pamela Ossa

Coldwell Banker Realty License #3301279 Listed on: 01/14/2020

Coldwell Banker Realty

Co-Listed By

Michelle Howland

MHS Investments License #3020525

Last Buyer's Agent

Pamela Ossa

Coldwell Banker Realty License #3301279 Listed on: 01/14/2020

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,426

Year Built

  • Built in 1969

Lot Details

  • 8,930

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,358 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Utilities

  • Central Air
  • No Heating

Community Details

  • No Home Owners Association
  • 2 Units
  • Flagami 3Rd Addn Condos
  • Flagami 3Rd Addn Subdivision

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 30-40-03-001-2240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,426

Year Built

Built in 1969

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1969
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Co List Office Mls Id: COMP04
  • Co List Office Phone: 954-210-7040
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: FLAGAMI 3RD ADDN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Terrazzo
  • Living Area: 2358
  • 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: FLAGAMI 3RD ADDN
  • Total Parking Spaces: 4

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-40-03-001-2240
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6426

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2020
Closed on
Mar 2, 2020
Sold by
Machado Yamiri and Guerra Pedro F
Bought by
Socarras Juan Carlos Granado
Seller's Agent
Pamela Ossa
Coldwell Banker Realty
Buyer's Agent
Pamela Ossa
Coldwell Banker Realty
List Price
$475,000
Sold Price
$480,000
Premium/Discount to List
$5,000
1.05%
Current Estimated Value
$862,728

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$382,728
Avg. Annual Appreciation
10.86%
Original Mortgage
$360,000
Outstanding Balance
$319,516
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$526,820

Purchase Details

Listed on
Jan 7, 2014
Closed on
Mar 26, 2014
Sold by
Michael Sophie W
Bought by
Machado Yamiri and Guerra Pedro F
Seller's Agent
Eyda Ortiz
The Keyes Company
Buyer's Agent
Eyda Ortiz
The Keyes Company
List Price
$375,000
Sold Price
$350,000
Premium/Discount to List
-$25,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$258,750
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2004
Sold by
Michael Sophie W and Thomas Sophie W
Bought by
Michael Sophie W
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
Socarras Juan Carlos Granado $480,000 Emerald Title Group Inc
Machado Yamiri $350,000 Multiple
Michael Sophie W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Socarras Juan Carlos Granado $360,000
Previous Owner Machado Yamiri $258,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2020 03/03/20 Sold $480,000 +1.1% $204 / Sq Ft
01/04/2020 01/04/20 For Sale $475,000 +35.7% $201 / Sq Ft
03/26/2014 03/26/14 Sold $350,000 -6.7% $148 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
01/07/2014 01/07/14 For Sale $375,000 -- $159 / 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 $10,753 $547,915 -- --
2024 $9,323 $498,105 -- --
2023 $9,323 $452,823 $0 $0
2022 $8,449 $411,658 $0 $0
2021 $7,557 $374,235 $180,675 $193,560
2020 $6,795 $330,028 $164,250 $165,778
2019 $6,693 $323,360 $156,188 $167,172
2018 $6,951 $378,001 $138,873 $239,128
2017 $6,602 $300,221 $0 $0
2016 $5,887 $272,929 $0 $0
2015 $5,408 $248,118 $0 $0
2014 -- $228,262 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A10797983

MIAMI REALTORS® MLS

APN: 30-4003-001-2240