NOT LISTED FOR SALE

Miami, FL 1

Estimated Value: $793,000 - $983,000

6 Beds
5 Baths
3,614 Sq Ft
$247/Sq Ft Est. Value

Last Sold July 30, 2015

Last sale price $359,000 $99 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $5,893/month

117 Days on Market

Highlights

  • Old Spanish Architecture
  • Cooling Available
  • Central Heating
  • No HOA
  • Tile Flooring
  • Ceiling Fan

About This Home

As of July 2015

STABILIZED INCOME MULTIFAMILY, LOCATED IN QUITE CENTRALLY LOCATED MIAMI SHORES, AT LESS THAN A MILE FROM THE ENTRANCE TO I-95. 4 LARGE APARTMENTS + AN ADDITIONAL BONUS EFFICIENCY BRINGS A TOTAL INCOME OF $51,000 YEARLY AND 9% CAP. ALL UNITS HAVE BEE EXTES IVELY RENOVATED; TENANTS HAVE BEEN PROPERLY SCREENED AND ARE CURRENT WITH THEIR RENTS. FINNANCING AVAILABLE . ** AVAILABLE OTHER MULTIFAMILY A2031557,A2031552,A2031563. MOTIVATED SELLER ***

Last Agent to Sell the Property

Amy Moran

Macken Realty Inc License #3264856 Listed on: 03/10/2015

Macken Realty Inc

Last Buyer's Agent

Daniel Sultan

MMLS Assoc.-Inactive Member License #3324468

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,907

Year Built

  • Built in 1936

Lot Details

  • 0.32

Parking

  • 8 Parking Spaces

Home Design

  • Quadruplex
  • Old Spanish Architecture
  • Substantially Remodeled
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,614 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Utilities

  • Cooling Available
  • Central Heating
  • Septic Tank

Listing and Financial Details

  • Total Actual Rent $51,000
  • Rent includes electricity, gardener
  • Assessor Parcel Number 30-31-01-003-2580

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Pinewood Park Amd Pl 2Nd Condos
  • Pinewood Park Amd Pl 2Nd Subdivision

Building Details

  • Net Operating Income $33,970

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,907

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1936
  • Property Sub Type: Quadruplex
  • Architectural Style: Old Spanish
  • Directions: ** MOTIVATED SELLER ***
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: PINEWOOD PARK AMD PL 2ND
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 3614
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Barrel Roof
  • Construction Type: CBS Construction
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: PINEWOOD PARK AMD PL 2ND
  • Total Parking Spaces: 8

Utilities

  • Sewer: Septic Tank
  • Cooling: Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-31-01-003-2580
  • Zoning: 51/BUNGA
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Electricity, Gardener

Multi Family

  • Net Operating Income: 33970
  • Number Of Units In Community: 4
  • Total Actual Rent: 51000

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 4907

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2020
Sold by
Trueland Real Estate Llc
Bought by
Staca Llc
Current Estimated Value
$893,595

Purchase Details

Listed on
Mar 10, 2015
Closed on
Jul 27, 2015
Sold by
Hb Income Properties Lllp
Bought by
Trueland Real Estate Llc
Seller's Agent
Amy Moran
Macken Realty Inc
Buyer's Agent
Daniel Sultan
MMLS Assoc.-Inactive Member
List Price
$390,000
Sold Price
$359,000
Premium/Discount to List
-$31,000
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.53%

Purchase Details

Listed on
Aug 11, 2008
Closed on
Aug 8, 2013
Sold by
Bimija Limited Partnership
Bought by
Hb Income Properties Lllp
Seller's Agent
Alfredo Bild
Bild Properties Inc
Buyer's Agent
Amy Moran
Macken Realty Inc
List Price
$275,000
Sold Price
$275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.41%

Purchase Details

Closed on
Mar 28, 2008
Sold by
Olajide Emmanuel and Ratliff Rosalyn
Bought by
Bimija Lp

Purchase Details

Closed on
Dec 4, 2000
Sold by
Faustin Carline and Faustin Nicole
Bought by
Ajide Emmanuel O L and Ratliff Rosalyn
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
Staca Llc $420,000 Alliance T&E Group Llc
Trueland Real Estate Llc $375,000 Attorney
Hb Income Properties Lllp $275,000 Attorney
Bimija Lp $217,000 Attorney
Ajide Emmanuel O L $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ajide Emmanuel O L --
Previous Owner Hb Income Properties Lllp $220,000
Previous Owner Olajide Emmanuel $217,000
Previous Owner Olajide Emmanuel $170,000
Previous Owner Ajide Emmanuel O L $122,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2015 07/30/15 Sold $359,000 +26492.6% $99 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
03/16/2015 03/16/15 Rented $1,350 0.0% --
02/25/2015 02/25/15 For Sale $390,000 0.0% $108 / Sq Ft
02/14/2015 02/14/15 Under Contract -- -- --
11/16/2014 11/16/14 For Rent $1,450 0.0% --
08/08/2013 08/08/13 Sold $275,000 0.0% $76 / Sq Ft
08/08/2013 08/08/13 Pending -- -- --
07/17/2008 07/17/08 For Sale $275,000 -- $76 / 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 $12,293 $614,605 -- --
2024 $10,328 $558,732 -- --
2023 $10,328 $507,939 $0 $0
2022 $9,218 $461,763 $0 $0
2021 $8,205 $419,785 $251,981 $167,804
2020 $7,690 $389,712 $192,514 $197,198
2019 $7,777 $394,993 $192,514 $202,479
2018 $6,938 $356,892 $153,205 $203,687
2017 $6,789 $342,447 $0 $0
2016 $6,313 $311,316 $0 $0
2015 $5,515 $245,746 $0 $0
2014 $4,908 $223,406 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2015

    Amy Moran

    Macken Realty Inc

    (305) 933-3800

    8 Total Sales

    Section Image

  • D

    Buyer's Agent in 2015

    Daniel Sultan

    MMLS Assoc.-Inactive Member

  • Alfredo Bild

    Seller's Agent in 2013

    Alfredo Bild

    Bild Properties Inc

    (305) 271-4339

    46 Total Sales

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Source: MIAMI REALTORS® MLS

MLS Number: A2084053

MIAMI REALTORS® MLS

APN: 30-3101-003-2580

Florida Miami/Dade County Miami

33150

This home since 10 March 2015 and is currently estimated at $893,595, approximately $247 per square foot. This property was built in 1936. This home is a home located in Miami-Dade County with nearby schools including Hubert O. Sibley K-8 Academy, Horace Mann Middle School, and Miami Edison Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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