NOT LISTED FOR SALE

Estimated Value: $572,000 - $1,133,128

4 Beds
2 Baths
1,804 Sq Ft
$481/Sq Ft Est. Value

Last Sold February 21, 2014

Last sale price $150,000 $83 Per Sq Ft

Est. 479% increase in value since last sale

Current estimated payment $5,690/month

131 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Ceiling Fan
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of February 2014

Unusual opportunity. Excellent for long-term builders, investors, centrally located near downtown (Flagler Bridge), medical center, and government center. In Master Plan medium-high density 25 to 60 per acre. Surrounded by high rise buildings. Plans for three-story townhouses available. ROI $24,700. 6.65 cap rate. Sold "As Is". New appliances, floors, water heaters.

Last Agent to Sell the Property

Anitra Thorhaug

Universal Investments Realty License #0449613 Listed on: 05/15/2013

Last Buyer's Agent

Anitra Thorhaug

Universal Investments Realty License #0449613 Listed on: 05/15/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1926

Lot Details

  • Property is zoned 39/MULTI

Parking

  • 3 Parking Spaces

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,804 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Metal Windows
  • Tile Flooring

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window

Listing and Financial Details

  • Assessor Parcel Number 01-02-02-000-1070

Community Details

Overview

  • No Home Owners Association
  • City Of Miami South Subdivision

Building Details

Home Details

Home Type

Single Family

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1926
  • Property Sub Type: Triplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: CITY OF MIAMI SOUTH
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Tile
  • Living Area: 1804
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Single Hung Metal

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: CITY OF MIAMI SOUTH
  • Total Parking Spaces: 3

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Window/Wall
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-02-02-000-1070
  • Zoning: 39/MULTI
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Multi Family

  • Net Operating Income: 24700
  • Number Of Units In Community: 4
  • Annual Operating Expense: 5900

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 3956

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2015
Sold by
Brandon Maria Victoria
Bought by
Sofa Investment Corp
Current Estimated Value
$867,782

Purchase Details

Listed on
May 15, 2013
Closed on
Feb 20, 2014
Sold by
Thorhaug Anitra
Bought by
Brandon Maria
Seller's Agent
Anitra Thorhaug
Universal Investments Realty
Buyer's Agent
Anitra Thorhaug
Universal Investments Realty
List Price
$164,500
Sold Price
$150,000
Premium/Discount to List
-$14,500
-8.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.92%

Purchase Details

Listed on
Dec 21, 2011
Closed on
Feb 29, 2012
Sold by
Zuazo William Valdes and Zuazo Stacey Valdes
Bought by
Oerke Andrew H
Seller's Agent
Angel Concepcion
MMLS Assoc.-Inactive Member
Buyer's Agent
Anitra Thorhaug
Universal Investments Realty
List Price
$145,000
Sold Price
$140,000
Premium/Discount to List
-$5,000
-3.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.55%
Original Mortgage
$83,500
Interest Rate
3.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 9, 2001
Sold by
Morkasa Investments C
Bought by
Valdez-Zuazo William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,960
Interest Rate
7.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2000
Sold by
Martinez Sara C
Bought by
Morkasa Investments Inc
Source: Public Records
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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
Sofa Investment Corp -- Attorney
Brandon Maria $150,000 Attorney
Oerke Andrew H $140,000 Attorney
Valdez-Zuazo William $121,200 --
Morkasa Investments Inc $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oerke Andrew H $83,500
Previous Owner Morkasa Investments Inc $99,000
Previous Owner Morkasa Investments Inc $96,960
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/21/2014 02/21/14 Sold $150,000 -8.8% $83 / Sq Ft
09/21/2013 09/21/13 Pending -- -- --
05/13/2013 05/13/13 For Sale $164,500 +17.5% $91 / Sq Ft
02/29/2012 02/29/12 Sold $140,000 -3.4% $19 / Sq Ft View Prior Sale
01/31/2012 01/31/12 Pending -- -- --
12/19/2011 12/19/11 For Sale $145,000 -- $19 / 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 $13,828 $610,024 -- --
2024 $12,690 $554,568 -- --
2023 $12,690 $504,153 $0 $0
2022 $10,823 $458,321 $0 $0
2021 $10,535 $416,656 $0 $0
2020 $10,030 $494,215 $450,000 $44,215
2019 $8,491 $344,345 $300,000 $44,345
2018 $8,098 $344,477 $300,000 $44,477
2017 $7,761 $296,711 $0 $0
2016 $7,027 $269,738 $0 $0
2015 $5,225 $183,734 $0 $0
2014 $4,112 $123,040 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A1787844

MIAMI REALTORS® MLS

APN: 01-0202-000-1070