NOT LISTED FOR SALE

Estimated Value: $720,166 - $928,000

5 Beds
3 Baths
2,065 Sq Ft
$395/Sq Ft Est. Value

Last Sold April 23, 2024

Last sale price $830,000 $402 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $5,040/month

7 Days on Market

Highlights

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

About This Home

As of April 2024

Westchester Updated Duplex. This property features, spacious 2 beds 1 bath in the front unit. Rear unit is 3 beds 2 baths. Both kitchens updated, modernized baseboards throughout both units, freshly painted. Rear unit main bathroom updated with glass enclosed shower, newer central air conditioning, newer floors, fenced back yard with plenty of room for a pool if desired. Shows very well, 7000 SF lot with plenty of room in the front and back of the property, as per owner fits 12 cars in the driveway! Ideal purchase for first time buyer, live in the back with plenty of privacy and rent the 2 bed for an extra $2500 income towards your mortgage payments. Investor friendly, will rent immediately. Contact us for more details and preview. Please Do Not Disturb.

Last Agent to Sell the Property

Adela Carvajal

RE/MAX Advance Realty II License #0583891 Listed on: 03/21/2024

RE/MAX Advance Realty II

Last Buyer's Agent

Adela Carvajal

RE/MAX Advance Realty II License #0583891 Listed on: 03/21/2024

RE/MAX Advance Realty II

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,364

Year Built

  • Built in 1973

Lot Details

  • 7,013

Parking

  • 12 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,065 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units
  • Olympic Heights Condos
  • Olympic Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-16-002-2450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,364

Year Built

Built in 1973

Lot Details

7,013 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1973
  • Property Sub Type: Duplex
  • Architectural Style: Attached, Ranch
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: OLYMPIC HEIGHTS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor, Other, Tile
  • Living Area: 2065
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: OLYMPIC HEIGHTS
  • Total Parking Spaces: 12

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-40-16-002-2450
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8364

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
Apr 19, 2024
Sold by
Ravelo Rainer Alfonso
Bought by
Albevala 3245 Llc
Seller's Agent
Adela Carvajal
RE/MAX Advance Realty II
Buyer's Agent
Adela Carvajal
RE/MAX Advance Realty II
List Price
$850,000
Sold Price
$830,000
Premium/Discount to List
-$20,000
-2.35%
Views
28
Current Estimated Value
$815,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,458
Avg. Annual Appreciation
-0.92%

Purchase Details

Listed on
Jun 5, 2019
Closed on
Jul 26, 2019
Sold by
Lum Dean Lee and Lum Lori Lee
Bought by
Ravelo Rainer Alfonso
Seller's Agent
Pedro Casanova
Keller Williams Realty Premier Properties
Buyer's Agent
Joel Rodriguez
Open Florida Realty, Inc.
List Price
$450,000
Sold Price
$448,000
Premium/Discount to List
-$2,000
-0.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.86%
Original Mortgage
$439,885
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 15, 2014
Sold by
Lum Winnifred Lee
Bought by
Lum Dean Lee and Lum Lori Lee

Purchase Details

Closed on
Jul 25, 1996
Sold by
Woo Chan Hon and Chan Anna
Bought by
Lee Lum Winnifred

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
8.36%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Albevala 3245 Llc $830,000 Timeless Law & Title, Pllc
Albevala 3245 Llc $830,000 Timeless Law & Title, Pllc
Ravelo Rainer Alfonso $448,000 Attorney
Lum Dean Lee $140,000 Attorney
Lee Lum Winnifred $132,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ravelo Rainer Alfonso $439,885
Previous Owner Lee Lum Winnifred $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2024 04/23/24 Sold $830,000 -2.4% $402 / Sq Ft
03/29/2024 03/29/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $850,000 +89.7% $412 / Sq Ft
07/26/2019 07/26/19 Sold $448,000 -0.4% $217 / Sq Ft View Prior Sale
06/11/2019 06/11/19 Pending -- -- --
06/05/2019 06/05/19 For Sale $450,000 -- $218 / 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 $9,558 $620,510 $336,000 $284,510
2024 $8,364 $444,621 -- --
2023 $8,364 $404,201 $0 $0
2022 $7,777 $367,456 $0 $0
2021 $6,867 $334,051 $182,000 $152,051
2020 $6,761 $327,099 $182,000 $145,099
2019 $6,364 $303,772 $157,500 $146,272
2018 $6,066 $296,586 $149,100 $147,486
2017 $6,017 $288,398 $0 $0
2016 $5,696 $262,180 $0 $0
2015 $5,240 $238,346 $0 $0
2014 -- $185,872 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A11548922

MIAMI REALTORS® MLS

APN: 30-4016-002-2450

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