NOT LISTED FOR SALE

Estimated Value: $349,000 - $450,000

3 Beds
2 Baths
2,082 Sq Ft
$197/Sq Ft Est. Value

Last Sold July 13, 2019

Last sale price $250,000 $120 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $2,700/month

44 Days on Market

Highlights

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

About This Home

As of July 2019

Two Separate Units: Fantastic opportunity! Price just reduced: Amazing return. $2,250 rent collected each month: Legal duplex for sale in the Newport subdivision of Homestead. Here are two separate homes on one lot offering residents complete privacy. Front property consists of 3 bedrooms and 1 bath and is currently rented for $1450 per month, second home has 2 bedrooms and 1 bath and is currently rented for $800 per month. Fully remodeled and updated with new kitchens and new central A/C unit. Each unit has its own electrical meter! Best Duplex available in subdivision, perfect for an extended family or as investment property. Tenants are on month to month leases. This property will Not Last!! Do not disturb the tenants. Contact Listing Agent to schedule showings.

Last Agent to Sell the Property

Gregory Collins

The Keyes Company License #3241076 Listed on: 03/25/2019

The Keyes Company

Co-Listed By

Ana Gispert

MMLS Assoc.-Inactive Member License #3324628

Last Buyer's Agent

Timothy Haynackie

Coldwell Banker Realty License #3265117

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,456

Year Built

  • Built in 1926

Lot Details

  • Property is zoned 5700

Parking

  • 5 Parking Spaces

Home Design

  • Flat Roof with Façade front
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,082 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Paddle Fans
  • Tile Flooring

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Newport Subdivision

Listing and Financial Details

  • Assessor Parcel Number 10-78-12-020-0110

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,456

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1926
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Co List Office Mls Id: KEYE04
  • Co List Office Phone: 305-247-7221
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: NEWPORT
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2082
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Flat Roof With Facade Front, Curved/S-Tile Roof
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: NEWPORT
  • Total Parking Spaces: 5

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 10-78-12-020-0110
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2456

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2019
Closed on
May 17, 2019
Sold by
Thomas Lawrence David
Bought by
Palacios Frank
Seller's Agent
Gregory Collins
The Keyes Company
Buyer's Agent
Timothy Haynackie
Coldwell Banker Realty
List Price
$257,000
Sold Price
$250,000
Premium/Discount to List
-$7,000
-2.72%
Current Estimated Value
$410,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,156
Avg. Annual Appreciation
8.18%
Original Mortgage
$181,250
Outstanding Balance
$159,032
Interest Rate
4.1%
Mortgage Type
Construction
Estimated Equity
$251,124

Purchase Details

Closed on
Sep 27, 2016
Sold by
Nimart Properties Llc
Bought by
Rhomas Lawrence David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2016
Sold by
Neubauer James L
Bought by
Nimart Properties Llc

Purchase Details

Closed on
May 11, 2005
Sold by
Neubauer Gabel B and Neubauer James L
Bought by
Neubauer James L

Purchase Details

Closed on
Mar 23, 2002
Sold by
Chase Manhattan Mortgage Corp C
Bought by
Hud & Housing Of Urban Development

Purchase Details

Closed on
Oct 16, 2001
Sold by
Silvia Perez Coc I and Clerk Of Court C
Bought by
Chase Manhattan Mortgage Corp

Purchase Details

Closed on
Dec 2, 1999
Sold by
Perez Jose R and Perez Maria M
Bought by
Perez Silvia

Purchase Details

Closed on
Jan 29, 1997
Sold by
Octavio and Gonzalez Alina
Bought by
Perez Jose R and Perez Maria M

Purchase Details

Closed on
Jul 15, 1993
Sold by
Elie Faye and Reams Virginia
Bought by
Gonzalez Octavio
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Palacios Frank $250,000 Gst Title & Trust Inc
Rhomas Lawrence David $202,000 The Title Company Of Homeste
Nimart Properties Llc $99,100 None Available
Neubauer James L -- --
Hud & Housing Of Urban Development -- --
Chase Manhattan Mortgage Corp -- --
Perez Silvia $94,000 --
Perez Jose R $50,000 --
Gonzalez Octavio $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palacios Frank $181,250
Previous Owner Rhomas Lawrence David $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/13/2019 07/13/19 Sold $250,000 -2.7% $120 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $257,000 0.0% $123 / Sq Ft
04/22/2019 04/22/19 Pending -- -- --
04/10/2019 04/10/19 Price Changed $257,000 -1.9% $123 / Sq Ft
04/09/2019 04/09/19 Price Changed $262,000 0.0% $126 / Sq Ft
04/09/2019 04/09/19 For Sale $262,000 -1.1% $126 / Sq Ft
04/08/2019 04/08/19 Pending -- -- --
03/28/2019 03/28/19 Price Changed $265,000 -3.6% $127 / Sq Ft
03/25/2019 03/25/19 For Sale $275,000 -- $132 / 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 $6,501 $252,951 -- --
2024 $5,999 $229,956 -- --
2023 $5,999 $209,276 $0 $0
2022 $5,322 $190,251 $0 $0
2021 $3,829 $172,956 $0 $0
2020 $3,475 $157,233 $58,500 $98,733
2019 $2,758 $125,039 $45,500 $79,539
2018 $2,456 $112,726 $35,750 $76,976
2017 $2,282 $103,433 $0 $0
2016 $1,321 $48,765 $0 $0
2015 $1,184 $44,332 $0 $0
2014 $991 $40,302 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Source: MIAMI REALTORS® MLS

MLS Number: A10644694

MIAMI REALTORS® MLS

APN: 10-7812-020-0110