NOT LISTED FOR SALE

Estimated Value: $752,386 - $1,001,000

8 Beds
4 Baths
2,862 Sq Ft
$323/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $310,000 $108 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $5,854/month

97 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Tile Flooring

About This Home

As of August 2014

Great Condition! Duplex (2) 4 bedroom 2 bath units. Located in the heart Hialeah. Excellent rental income. Priced to sell. This opportunity will not last! Great opportunity for a first time buyer.

Last Agent to Sell the Property

Adele Leonardo

MMLS Assoc.-Inactive Member License #3243396 Listed on: 04/23/2014

MMLS Assoc.-Inactive Member

Co-Listed By

Denise Rodriguez - Reyes

The Keyes Company License #0624513

Last Buyer's Agent

Juan Nieves

M&J Real Estate Group, Inc. License #0647786

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,514

Year Built

  • Built in 1974

Lot Details

  • 6,752

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,862 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $43,810
  • Assessor Parcel Number 04-31-18-012-1651

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Hialeah 7Th Addn Condos
  • Hialeah 7Th Addn Subdivision

Building Details

  • Operating Expense $9,314
  • Net Operating Income $34,596

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,514

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1974
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: HIALEAH 7TH ADDN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2862
  • Possible Use: Investment
  • Stories: 1

Exterior Features

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

Garage/Parking

  • Park Building Name: HIALEAH 7TH ADDN
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • 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: 04-31-18-012-1651
  • Zoning: 46/MULTI
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Multi Family

  • Net Operating Income: 34596
  • Number Of Units In Community: 4
  • Annual Operating Expense: 9314
  • Total Actual Rent: 43810

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4514

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2016
Sold by
6401 Enterprises Inc
Bought by
90 West 17Th Street Llc
Current Estimated Value
$923,847

Purchase Details

Listed on
Apr 23, 2014
Closed on
Aug 21, 2014
Sold by
Fernandez Jose
Bought by
6401 Enterprises Inc
Seller's Agent
Adele Leonardo
MMLS Assoc.-Inactive Member
Buyer's Agent
Juan Nieves
M&J Real Estate Group, Inc.
List Price
$349,000
Sold Price
$310,000
Premium/Discount to List
-$39,000
-11.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.94%

Purchase Details

Closed on
Mar 23, 2002
Sold by
Agustin Torre M and Agustin Lilliam Torre
Bought by
Fernandez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
7.16%
Mortgage Type
New Conventional
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
90 West 17Th Street Llc -- Attorney
92 West 17Th Street Llc -- Attorney
6401 Enterprises Inc $310,000 Peninsula Title Corp
Fernandez Jose $168,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fernandez Jose $102,000
Previous Owner Fernandez Jose $134,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2014 08/22/14 Sold $310,000 -11.2% $108 / Sq Ft
07/29/2014 07/29/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $349,000 -- $122 / 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 $9,847 $533,398 -- --
2024 $9,045 $484,908 -- --
2023 $9,045 $441,785 $0 $0
2022 $8,465 $401,623 $0 $0
2021 $7,496 $365,112 $0 $0
2020 $6,889 $398,419 $189,000 $209,419
2019 $5,979 $320,352 $168,750 $151,602
2018 $5,194 $274,315 $121,500 $152,815
2017 $5,282 $275,526 $0 $0
2016 $5,279 $269,989 $0 $0
2015 $4,988 $250,453 $0 $0
2014 $4,762 $234,432 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A1939925

MIAMI REALTORS® MLS

APN: 04-3118-012-1651