NOT LISTED FOR SALE

Miami, FL 33142

Liberty City Neighborhood

Estimated Value: $396,858 - $548,000

2 Beds
2 Baths
1,248 Sq Ft
$397/Sq Ft Est. Value

Sale Details

Date Sold: December 20, 2016

Last sale price $168,000 $135 Per Sq Ft

Est. 161% increase in value since last sale

Current estimated payment $2,829 / mo

42 Days on Market

Highlights

  • Built in 1954 | Newly Remodeled
  • Porch
  • Shed
  • No HOA
  • Patio
  • Tile Flooring

About This Home

As of December 2016

Completely remodeled in 2014 this duplex located on a corner lot features new roof, new appliances, central A/C in each unit, utility room and independently fenced yard with double door allowing your car to be parked inside. Great income producing property; Section 8 approved. 1 unit is Sec. 8 leased @ $850 until 3/17 which is below market value & 1 unit is leased @ $950 until 11/16. Per comps units can be rented at $1100 each.

Last Agent to Sell the Property

Lissette Martinezmoles

LMR Realty, LLC License #3241312 Listed on: 09/23/2016

Last Buyer's Agent

Massimo Palombo

MMLS Assoc.-Inactive Member License #3271060

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,844

Year Built

  • Built in 1954 | Newly Remodeled

Lot Details

  • 4,138

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,248 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Outdoor Features

  • Patio
  • Exterior Lighting
  • Shed
  • Porch

Additional Features

  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $21,600
  • Rent includes gardener, pest control, trash collection, water
  • Assessor Parcel Number 01-31-23-037-1430

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • North Miami Estates Condos
  • North Miami Estates Subdivision

Building Details

  • Operating Expense $4,820
  • Net Operating Income $15,320

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,844

Year Built

Built in 1954 | Newly Remodeled

Lot Details

4,138 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1954
  • Property Sub Type: Duplex
  • Architectural Style: Attached, Other
  • Directions: Please go to google maps and type in the address.
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: North Miami Estates
  • Year Built Details: New Construction
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 1248
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Exterior Features: Exterior Lights
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Extra Building/Shed
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • Property Condition: Completely Renovated, New Construction
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: North Miami Estates
  • Total Parking Spaces: 2

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: 01-31-23-037-1430
  • Zoning: R-2
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Pest Control, Trash Collection, Water

Multi Family

  • Net Operating Income: 15320
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Operating Expense: 4820
  • Total Actual Rent: 21600

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 1844

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2016
Closed on
Dec 20, 2016
Sold by
Jlr Housing Llc
Bought by
Porto Group Llc
Seller's Agent
Lissette Martinezmoles
LMR Realty, LLC
Buyer's Agent
Massimo Palombo
MMLS Assoc.-Inactive Member
List Price
$199,999
Sold Price
$168,000
Premium/Discount to List
-$31,999
-16%
Current Estimated Value
$438,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,222
Avg. Annual Appreciation
12.33%

Purchase Details

Closed on
Jul 24, 2014
Sold by
Morgan Monique
Bought by
Jlr Housing Llc

Purchase Details

Closed on
Dec 18, 2007
Sold by
Qualis Thomas
Bought by
Morgan Monique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
6.21%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 14, 2004
Sold by
Bellamy Walker Sara
Bought by
Qualis Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
6.24%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 13, 2000
Sold by
Sec Of Hud
Bought by
Bellamy-Walker Sara

Purchase Details

Closed on
Apr 27, 1998
Sold by
Nationsbanc Mortgage Corp
Bought by
Sec Of Hud

Purchase Details

Closed on
Jun 8, 1993
Sold by
Jimenez Benigno O and Jimenez Raquel
Bought by
Clarke Risler

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,300
Interest Rate
7.44%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Porto Group Llc $126,000 Seagull Title Company
Jlr Housing Llc $200 None Available
Morgan Monique $235,000 Title Consulting Services
Qualis Thomas $84,000 --
Bellamy-Walker Sara $50,400 --
Sec Of Hud -- --
Clarke Risler $55,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morgan Monique $188,000
Previous Owner Qualis Thomas $103,000
Previous Owner Clarke Risler $55,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2016 12/20/16 Sold $168,000 -4.0% $135 / Sq Ft
11/03/2016 11/03/16 Pending -- -- --
10/24/2016 10/24/16 Price Changed $174,999 -7.9% $140 / Sq Ft
10/11/2016 10/11/16 Price Changed $189,999 -5.0% $152 / Sq Ft
09/22/2016 09/22/16 For Sale $199,999 -- $160 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $5,633 $244,256 -- --
2024 $5,235 $222,051 -- --
2023 $5,235 $201,865 $0 $0
2022 $4,820 $183,514 $0 $0
2021 $4,381 $166,831 $0 $0
2020 $4,035 $157,964 $70,242 $87,722
2019 $3,739 $142,909 $54,033 $88,876
2018 $3,385 $125,344 $35,315 $90,029
2017 $3,283 $119,082 $0 $0
2016 $2,027 $53,638 $0 $0
2015 $1,844 $48,762 $0 $0
2014 $1,667 $38,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Buyer's Agent in 2016

    Massimo Palombo

    MMLS Assoc.-Inactive Member

See All Agents

Source: MIAMI REALTORS® MLS

MLS Number: A10152732

MIAMI REALTORS® MLS

APN: 01-3123-037-1430

Florida Miami/Dade County Miami 33142

Liberty City

Not Listed for Sale

MultiFamily

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MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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