NOT LISTED FOR SALE

Opa Locka, FL 33054

Rainbow Park Neighborhood

Estimated Value: $380,000 - $484,000

4 Beds
2 Baths
1,304 Sq Ft
$319/Sq Ft Est. Value

Last Sold August 05, 2013

Last sale price $78,000 $60 Per Sq Ft

Est. 434% increase in value since last sale

Current estimated payment $2,623/month

14 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 3-minute walk to Magnolia Park
  • Ceramic Tile Flooring
  • 1-Story Property

About This Home

As of August 2013

Great investment opportunity or possibly live in one side and live almost rent free .Nice Duplex 2bedroom 1 bath each side with central air & Heat. Freshly painted exterior and units were updated within the last 10 years. DO NOT DISTURB TENANTS!!!

Last Agent to Sell the Property

Ulysses Gipson

The R.E. Resource Grp., Inc. License #0513439 Listed on: 07/01/2013

Last Buyer's Agent

Marleen Fregio

MMLS Assoc.-Inactive Member License #3271068

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,941

Year Built

  • Built in 1974

Parking

  • 2 Parking Spaces

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,304 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Additional Features

  • Property is zoned 57/GENER
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 22 52 41 Magnolia Sub Subdivision

Listing and Financial Details

  • Total Actual Rent $17,100
  • Rent includes gardener
  • Assessor Parcel Number 08-21-22-003-1330

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,941

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1974
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: 22 52 41 MAGNOLIA SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • LastStatus: Pending
  • CurrentPrice: 78000
  • InternetRemarks: Great Investment opportunity Freshly painted duplex 2bedroom 1 bath each side. Currently both units are rented Units updated within last 10 years
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 1304
  • 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: 22 52 41 MAGNOLIA SUB
  • Total Parking Spaces: 2

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: 08-21-22-003-1330
  • Zoning: 57/GENER

Rental Info

  • Rent Includes: Gardener

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 1941

Multi Family

  • Number Of Units In Community: 4
  • Annual Operating Expense: 5000
  • Total Actual Rent: 17100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2013
Closed on
Aug 5, 2013
Sold by
Jones Frederick
Bought by
Bbm Investments Inc
Seller's Agent
Ulysses Gipson
The R.E. Resource Grp., Inc.
Buyer's Agent
Marleen Fregio
MMLS Assoc.-Inactive Member
List Price
$79,900
Sold Price
$78,000
Premium/Discount to List
-$1,900
-2.38%
Current Estimated Value
$416,380

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,380
Avg. Annual Appreciation
14.38%

Purchase Details

Closed on
Oct 22, 2004
Sold by
Stephens John H
Bought by
Jones Fredrick D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,750
Interest Rate
5.73%
Mortgage Type
Unknown
Source: Public Records
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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
Bbm Investments Inc $78,000 M&M Title Services Inc
Jones Fredrick D $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jones Fredrick D $61,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2013 08/05/13 Sold $78,000 -2.4% $60 / Sq Ft
07/15/2013 07/15/13 Pending -- -- --
07/01/2013 07/01/13 For Sale $79,900 -- $61 / 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 $5,604 $180,510 -- --
2024 $4,804 $164,100 -- --
2023 $4,804 $149,182 $0 $0
2022 $4,410 $135,620 $0 $0
2021 $3,878 $123,291 $0 $0
2020 $3,633 $149,037 $52,800 $96,237
2019 $3,427 $147,294 $55,200 $92,094
2018 $2,979 $118,632 $42,353 $76,279
2017 $2,554 $84,210 $0 $0
2016 $2,603 $76,555 $0 $0
2015 $2,330 $69,596 $0 $0
2014 $2,224 $66,692 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • U

    Seller's Agent in 2013

    Ulysses Gipson

    The R.E. Resource Grp., Inc.

    (305) 299-3382

    1 Total Sale

    Ulysses Gipson
    Section Image

  • M

    Buyer's Agent in 2013

    Marleen Fregio

    MMLS Assoc.-Inactive Member

See All Agents

Source: MIAMI REALTORS® MLS

MLS Number: A1808087

MIAMI REALTORS® MLS

APN: 08-2122-003-1330

Florida Miami/Dade County Opa-locka

Rainbow Park

Not Listed for Sale

Detached

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