NOT LISTED FOR SALE

Estimated Value: $673,658 - $913,000

5 Beds
3 Baths
2,169 Sq Ft
$372/Sq Ft Est. Value

Last Sold February 17, 2022

Last sale price $625,000 $288 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,285/month

79 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • Laundry Facilities
  • No HOA
  • Central Heating and Cooling System
  • Fenced

About This Home

As of February 2022

Centrally located and fully rented, rent roll attached . Currently 3 units. Rear unit 2/1 detached, tenants pay utilities with W/D included, 4 parking, new kitchen with a large fenced patio. Front building Unit #2 is a 2/1 with remodeled, bath, kitchen and floors, 3 parking assigned and a private patio and Unit#3 is a 1/1 with 2 parking , private patio, fully remodeled bath, kitchen, floor and impact doors and window. All units have central A/C and are leased. Unit 2 and 3 share a common coin laundry. Sold As-Is , Cash only, Hot rental area with a 6.4% return. See rent roll for more info.

Last Agent to Sell the Property

yohank benitez

Blue Shores Real Estate LLC License #3314185 Listed on: 11/03/2021

Last Buyer's Agent

Karen Loria

United Realty Group Inc License #3220994

United Realty Group Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,099

Year Built

  • Built in 1946

Lot Details

  • 6,839

Parking

  • 9 Parking Spaces

Home Design

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

Interior Spaces

  • 2,169 Sq Ft Home
  • 1-Story Property
  • Blinds

Flooring

  • Wood
  • Tile

Additional Features

  • Patio
  • Fenced
  • Central Heating and Cooling System

Listing and Financial Details

  • Rent includes rent incl, sewer, trash collection
  • Assessor Parcel Number 01-31-34-038-0310

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Riverside Farms Condos
  • Riverside Farms Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,099

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1946
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Directions: GPS
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: RIVERSIDE FARMS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Other, Tile, Wood
  • Living Area: 2169
  • Possible Use: Investment
  • Stories: 1
  • Window Features: Blinds, Other Windows

Exterior Features

  • Roof: Flat Tile, Shingle
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: RIVERSIDE FARMS
  • Total Parking Spaces: 9

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: 01-31-34-038-0310
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Other Rent Incl, Sewer, Trash Collection

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7099

Multi Family

  • Number Of Units In Community: 3
  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Feb 17, 2022
Sold by
Benitez Soto Yohank L
Bought by
Lopez Ramon Alberto
Seller's Agent
yohank benitez
Blue Shores Real Estate LLC
Buyer's Agent
Karen Loria
United Realty Group Inc
List Price
$670,000
Sold Price
$625,000
Premium/Discount to List
-$45,000
-6.72%
Current Estimated Value
$805,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,915
Avg. Annual Appreciation
7.75%

Purchase Details

Listed on
Jul 31, 2018
Closed on
Feb 20, 2019
Sold by
Rodriguez Ramon and Rodriguez Iluminada
Bought by
Benitez Soto Yohank L
Seller's Agent
Jose Morejon
Realty Investments Corp.
Buyer's Agent
yohank benitez
Blue Shores Real Estate LLC
List Price
$455,000
Sold Price
$410,000
Premium/Discount to List
-$45,000
-9.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.14%
Original Mortgage
$402,573
Interest Rate
4.75%
Mortgage Type
FHA
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
Lopez Ramon Alberto $625,000 Nu World Title
Benitez Soto Yohank L $410,000 Ewf Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Benitez Soto Yohank L $402,573
Previous Owner Rodriguez Ramon A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2022 02/17/22 Sold $625,000 -6.7% $288 / Sq Ft
01/22/2022 01/22/22 Pending -- -- --
11/03/2021 11/03/21 For Sale $670,000 +63.4% $309 / Sq Ft
02/20/2019 02/20/19 Sold $410,000 -4.6% $189 / Sq Ft
01/02/2019 01/02/19 Price Changed $429,900 0.0% $198 / Sq Ft
12/18/2018 12/18/18 Price Changed $429,925 0.0% $198 / Sq Ft
12/06/2018 12/06/18 Price Changed $429,950 -0.1% $198 / Sq Ft
11/20/2018 11/20/18 Price Changed $430,500 +2.5% $198 / Sq Ft
10/20/2018 10/20/18 Price Changed $419,950 +0.1% $194 / Sq Ft
10/17/2018 10/17/18 Price Changed $419,500 -0.1% $193 / Sq Ft
10/12/2018 10/12/18 Price Changed $419,950 +0.1% $194 / Sq Ft
10/05/2018 10/05/18 Price Changed $419,500 -0.1% $193 / Sq Ft
09/07/2018 09/07/18 Price Changed $419,950 -4.4% $194 / Sq Ft
09/04/2018 09/04/18 Price Changed $439,500 -0.1% $203 / Sq Ft
08/31/2018 08/31/18 Price Changed $439,850 0.0% $203 / Sq Ft
08/27/2018 08/27/18 Price Changed $439,900 -3.2% $203 / Sq Ft
08/20/2018 08/20/18 Price Changed $454,500 -0.1% $210 / Sq Ft
07/27/2018 07/27/18 For Sale $455,000 -- $210 / 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 $12,351 $541,651 $274,000 $267,651
2024 $12,709 $578,586 $308,250 $270,336
2023 $12,709 $581,269 $308,250 $273,019
2022 $8,768 $357,615 $0 $0
2021 $7,682 $325,105 $0 $0
2020 $7,099 $297,649 $133,575 $164,074
2019 $5,817 $285,376 $119,875 $165,501
2018 $5,324 $269,987 $119,875 $150,112
2017 $4,772 $175,644 $0 $0
2016 $4,556 $159,677 $0 $0
2015 $4,280 $145,161 $0 $0
2014 $3,994 $141,988 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11120051

MIAMI REALTORS® MLS

APN: 01-3134-038-0310