D
Seller's Agent in 2020
David Fermoselle
Eleventrust LLC
(305) 299-4124
12 Total Sales
Estimated Value: $520,000 - $729,000
4
Beds
2
Baths
1,375
Sq Ft
$442/Sq Ft
Est. Value
Highlights
- No HOA
- Patio
- Central Heating and Cooling System
- Balcony
- Tile Flooring
- Laundry Facilities
About This Home
As of May 2020Renovated duplex in Central Location! Property is located in Shores Edge, entering the neighborhood of Miami Shores. Legal duplex built 1951, concrete construction and sits on a 9,000 sq. ft. lot. Each unit is a 2 Bed/1 Bath, offers: tile floors, central A/C, patio, parking & laundry on site. Perfect property for end user or investor, currently both units are rented generating $2,650/month. Live in one unit and rent the other or purchase an enjoy a 6%+ return on investment. Financing with 20% down payment, you can achieve more than a 10% cash on cash return. Property is very easy to manage with minimal expense. The location of the property is great, close proximity to schools, shops, restaurants, parks & beaches. 1 mile away from Barry University & 3 miles away from MDC North Campus.
Last Agent to Sell the Property
Eleventrust LLC License #3306806 Listed on: 12/07/2019
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,484
Year Built
- Built in 1951
Lot Details
- 9,017
Parking
- 5 Parking Spaces
Home Design
- Duplex
- Tile Roof
- Concrete Block And Stucco Construction
Interior Spaces
- 1,375 Sq Ft Home
- 1-Story Property
- Blinds
- Tile Flooring
Outdoor Features
- Balcony
- Patio
- Exterior Lighting
Additional Features
- Fenced
- Central Heating and Cooling System
Listing and Financial Details
- Total Actual Rent $31,800
- Rent includes gardener, sewer, trash collection, water
- Assessor Parcel Number 30-31-01-008-0030
Community Details
Overview
- No Home Owners Association
- 3 Units
- Clyde Lucas Manor Condos
- Clyde Lucas Manor Subdivision
Amenities
- Laundry Facilities
Building Details
- Operating Expense $10,020
- Net Operating Income $21,144
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 7, 2019
Closed on
May 21, 2020
Sold by
Moiron Marcelo
Bought by
Nozil Andrela A
Seller's Agent
David Fermoselle
Eleventrust LLC
Buyer's Agent
sofia allam
Keller Williams Realty Miami Beach
List Price
$350,000
Sold Price
$280,000
Premium/Discount to List
-$70,000
-20%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,305
Avg. Annual Appreciation
14.71%
Original Mortgage
$196,000
Outstanding Balance
$174,442
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$398,809
Purchase Details
Listed on
Jul 9, 2014
Closed on
Aug 1, 2014
Sold by
Federal National Mortgage Association
Bought by
Moiron Marcelo
Seller's Agent
Deborah Padilla
Oceanside Realty & Investments, Inc.
Buyer's Agent
Diana Cossio
Blueshore Realty, LLC
List Price
$154,900
Sold Price
$160,763
Premium/Discount to List
$5,863
3.79%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.02%
Purchase Details
Closed on
Apr 10, 2014
Sold by
Louis Nicole
Bought by
Federal National Mortgage Association
Purchase Details
Closed on
Mar 26, 2008
Sold by
Monestime Willie and Monestime Josette
Bought by
Louis Nicole and Alcide Herode
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
5.97%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 17, 2000
Sold by
Croyant Alourdes
Bought by
Monestime Willie
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Nozil Andrela A | $280,000 | Clear Title Group | |
| Moiron Marcelo | $159,000 | Attorney | |
| Federal National Mortgage Association | $114,300 | None Available | |
| Louis Nicole | $180,000 | Multiple | |
| Monestime Willie | $93,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Nozil Andrela A | $196,000 | |
| Previous Owner | Louis Nicole | $171,000 | |
| Previous Owner | Monestime Willie | $107,200 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2020 05/22/20 | Sold | $280,000 | -20.0% | $204 / Sq Ft |
| 04/30/2020 04/30/20 | Pending | -- | -- | -- |
| 03/20/2020 03/20/20 | For Sale | $350,000 | 0.0% | $255 / Sq Ft |
| 01/30/2020 01/30/20 | Pending | -- | -- | -- |
| 12/06/2019 12/06/19 | For Sale | $350,000 | 0.0% | $255 / Sq Ft |
| 08/15/2015 08/15/15 | Rented | $1,250 | -3.8% | -- |
| 08/15/2015 08/15/15 | For Rent | $1,300 | 0.0% | -- |
| 07/31/2014 07/31/14 | Sold | $160,763 | +3.8% | $96 / Sq Ft |
| 07/31/2014 07/31/14 | Pending | -- | -- | -- |
| 06/09/2014 06/09/14 | For Sale | $154,900 | -- | $92 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $7,424 | $350,845 | -- | -- |
| 2024 | $6,520 | $318,950 | -- | -- |
| 2023 | $6,520 | $289,955 | $0 | $0 |
| 2022 | $5,811 | $263,596 | $0 | $0 |
| 2021 | $5,222 | $239,633 | $162,258 | $77,375 |
| 2020 | $4,795 | $245,408 | $153,879 | $91,529 |
| 2019 | $4,624 | $246,129 | $153,879 | $92,250 |
| 2018 | $3,868 | $180,787 | $88,518 | $92,269 |
| 2017 | $3,756 | $146,095 | $0 | $0 |
| 2016 | $3,310 | $132,814 | $0 | $0 |
| 2015 | $3,372 | $134,696 | $0 | $0 |
| 2014 | $3,119 | $117,970 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2020
sofia allam
Keller Williams Realty Miami Beach
(754) 422-2020
2 in this area
15 Total Sales
-
M
Seller's Agent in 2015
Marcelo Moiron
Florida Realty of Miami
-
D
Seller's Agent in 2014
Deborah Padilla
RE/MAX
(305) 891-2252
7 Total Sales
-
Seller Co-Listing Agent in 2014
Luis Padilla
Realty One Group Royal Oaks
(305) 785-7805
2 in this area
111 Total Sales
-
D
Buyer's Agent in 2014
Diana Cossio
Blueshore Realty, LLC
(305) 517-3666
20 Total Sales
Source: MIAMI REALTORS® MLS
MLS Number: A10783089
APN: 30-3101-008-0030
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