NOT LISTED FOR SALE

Miami, FL 33133

Northeast Coconut Grove Neighborhood

Estimated Value: $980,000

4 Beds
3 Baths
1,875 Sq Ft
$523/Sq Ft Est. Value

Last Sold January 08, 2018

Last sale price $700,000 $373 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,115/month

483 Days on Market

Highlights

  • Room in yard for a pool
  • Old Spanish Architecture
  • Cooling System Mounted To A Wall/Window
  • Coconut Grove Elementary School Rated A
  • No HOA
  • 1-minute walk to Lincoln Park

About This Home

As of January 2018

OLD SPANISH FOUR-PLEX LOCATED IN CENTRAL COCONUT GROVE. 3 STUDIO APARTMENTS + ONE 2 BDRM/1BATH UNIT. STUDIOS HAVE WALL UNIT A/C & CARPETING. 2 BDRM UNIT HAS NEW CAH, UPDATED KITCHEN WITH NEW CABINETS, COUNTERS & STAINLESS STEEL APPLIANCES (INCLUDING DISHWASHER & MICROWAVE), & TILE FLOORS THRUOUT. FULLY FENCED W/LARGE REAR YARD. OFF STREET PARKING FOR 4 CARS. COMMON LAUNDRY ROOM WITH OWNED COIN-OPERATED MACHINES. SEE ATTACHMENTS FOR INCOME/EXPENSE SUMMARY, RECENT IMPROVEMENTS & ZONING VERIFICATION.

Last Agent to Sell the Property

Cynthia Bethe

Coldwell Banker Realty License #0327581 Listed on: 07/05/2016

Coldwell Banker Realty

Co-Listed By

Magdalena Sonville

Coldwell Banker Realty License #0634499

Last Buyer's Agent

Walter Lessberg-Konig

Atlantica Real Estate Group License #3012833

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,706

Year Built

  • Built in 1926

Lot Details

  • 6,621

Parking

  • 4 Parking Spaces

Home Design

  • Quadruplex
  • Old Spanish Architecture
  • Frame With Stucco
  • Composition Roof

Interior Spaces

  • 1,875 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Tile

Utilities

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

Additional Features

  • Room in yard for a pool
  • Fenced

Listing and Financial Details

  • Rent includes gardener, trash collection, water
  • Assessor Parcel Number 01-41-21-017-0051

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Lincoln Manor Condos
  • Lincoln Manor Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,706

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1926
  • Property Sub Type: Quadruplex
  • Architectural Style: Old Spanish
  • Co List Office Mls Id: CBRE52
  • Co List Office Phone: 305-667-4815
  • Directions: BIRD ROAD TO VIRGINIA STREET - SOUTH ON VIRGINIA - FIRST LEFT ON JACKSON AVENUE...OR BIRD ROAD TO CENTER STREET - SOUTH ON CENTER - FIRST RIGHT ON JACKSON AVENUE.
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Quadruplex, Fourplex
  • Subdivision Name: Lincoln Manor
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Carpet, Tile
  • Living Area: 1875
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Composition Roll
  • Exterior Features: Fruit Trees, Room For Pool
  • Construction Type: Frame With Stucco
  • Disclosures: Disclosure
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Lincoln Manor
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Green Building Features: Laundry Facility
  • Cooling: 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: 01-41-21-017-0051
  • Zoning: R-2
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Trash Collection, Water

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 10706

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2020
Sold by
Forever Properties Group Llc
Bought by
Afrooz Paul and Afrooz Catherine
Current Estimated Value
$980,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$696,000
Outstanding Balance
$616,259
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 5, 2016
Closed on
Jan 8, 2018
Sold by
Colon Hector F and Pascual Colon Christina
Bought by
Forever Properties Group Llc
Seller's Agent
Cynthia Bethe
Coldwell Banker Realty
Buyer's Agent
Walter Lessberg-Konig
Atlantica Real Estate Group
List Price
$925,000
Sold Price
$700,000
Premium/Discount to List
-$225,000
-24.32%

Purchase Details

Listed on
Aug 20, 2011
Closed on
Sep 24, 2012
Sold by
Higgins Ronald Graham and West Higgins Josie
Bought by
Colon Hector F and Pascual Colon Christina
Seller's Agent
Robert Wallace
MMLS Assoc.-Inactive Member
Buyer's Agent
Cynthia Bethe
Coldwell Banker Realty
List Price
$400,000
Sold Price
$385,000
Premium/Discount to List
-$15,000
-3.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.96%

Purchase Details

Closed on
Aug 12, 1999
Sold by
Janoski Ken
Bought by
Higgins Ronald G and Higgins Josie W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.7%
Mortgage Type
Balloon
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
Afrooz Paul $1,280,000 Attorney
Forever Properties Group Llc $700,000 Attorney
Colon Hector F $385,000 Southern Financial Title Ser
Higgins Ronald G $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Afrooz Paul $696,000
Previous Owner Higgins Ronald G $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/08/2018 01/08/18 Sold $700,000 -6.7% $373 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
05/30/2017 05/30/17 Price Changed $750,000 -4.5% $400 / Sq Ft
02/22/2017 02/22/17 Price Changed $785,000 -7.6% $419 / Sq Ft
09/25/2016 09/25/16 Price Changed $850,000 -8.1% $453 / Sq Ft
07/05/2016 07/05/16 For Sale $925,000 +140.3% $493 / Sq Ft
09/25/2012 09/25/12 Sold $385,000 -3.8% $205 / Sq Ft View Prior Sale
07/26/2012 07/26/12 Pending -- -- --
08/20/2011 08/20/11 For Sale $400,000 -- $213 / 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
2020 $11,303 $495,000 $495,000 $0
2019 -- $492,240 $457,380 $34,860
2018 -- $517,118 $415,800 $101,318
2017 -- $451,628 $0 $0
2016 -- $410,571 $0 $0
2015 -- $373,247 $0 $0
2014 -- $339,316 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2018

    Cynthia Bethe

    Coldwell Banker Realty

    (305) 632-3026

    1 in this area

    16 Total Sales

    Cynthia Bethe
    Section Image
  • Magdalena Sonville

    Seller Co-Listing Agent in 2018

    Magdalena Sonville

    Coldwell Banker Realty

    (305) 546-6440

    1 in this area

    24 Total Sales

    Magdalena Sonville
    Section Image

  • W

    Buyer's Agent in 2018

    Walter Lessberg-Konig

    Atlantica Real Estate Group

    (305) 788-3638

    7 in this area

    12 Total Sales

    Walter Lessberg-Konig
    Section Image

  • R

    Seller's Agent in 2012

    Robert Wallace

    MMLS Assoc.-Inactive Member

See All Agents

Source: MIAMI REALTORS® MLS

MLS Number: A10110236

MIAMI REALTORS® MLS

APN: 01-4121-017-0051

Florida Miami/Dade County Miami 33133

Northeast Coconut Grove

Not Listed for Sale

MultiFamily

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