NOT LISTED FOR SALE

Estimated Value: $567,000 - $783,000

5 Beds
3 Baths
1,930 Sq Ft
$350/Sq Ft Est. Value

Sale Details

Date Sold: January 30, 2020

Last sale price $380,000 $197 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,393 / mo

115 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Concrete Block With Brick
  • Central Heating and Cooling System

About This Home

As of January 2020

EXCELLENT INCOME PRODUCING CORNER DUPLEX IN DESIREABLE RENTAL AREA. BUILT IN 1998. ONE OF THE KITCHENS HAVE BEEN REMODELED. TWO
ELECTRIC AND TWO WATER METERS. TENANTS PAY THEIR OWN WATER AND ELECTRICITY AND OWN YARD MAINTENANCE. SEPARATE YARDS AND SEPARATE
ENTRANCES. EXCELLENT LONG TERM TENANTS. RENTS ARE BELOW MARKET VALUE. ONLY SHOWING TO QUALIFIED BUYERS WITH PRE-QUALIFICATION LETTER
AND PROOF OF FUNDS. PLEASE DO NOT DISTURB THE TENANTS. USE SHOWING ASSIST.

Last Agent to Sell the Property

Orestes Veliz

Florida Realty of Miami Corp License #3190345 Listed on: 08/21/2019

Florida Realty of Miami Corp

Last Buyer's Agent

Katherine Borrero

MMLS Assoc.-Inactive Member License #3449739

MMLS Assoc.-Inactive Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,699

Year Built

  • Built in 1998

Lot Details

  • 7,144

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Concrete Block With Brick
  • Shingle Roof

Interior Spaces

  • 1,930 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Allapattah Homesites Condos
  • Allapattah Homesites Subdivision

Listing and Financial Details

  • Total Actual Rent $31,200
  • Assessor Parcel Number 01-31-27-038-0160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,699

Year Built

Built in 1998

Lot Details

7,144 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1998
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: ALLAPATTAH HOMESITES
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Spa Yn: No
  • Flooring: Tile
  • Living Area: 1930
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: Concrete Block With Brick
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ALLAPATTAH HOMESITES
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-27-038-0160
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5699

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Total Actual Rent: 31200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2019
Closed on
Jan 25, 2020
Sold by
Hernandez Hermes and Hernandez Mercedes
Bought by
Bayona & Carrascal Group Llc
Seller's Agent
Orestes Veliz
Florida Realty of Miami Corp
Buyer's Agent
Katherine Borrero
MMLS Assoc.-Inactive Member
List Price
$388,000
Sold Price
$380,000
Premium/Discount to List
-$8,000
-2.06%
Current Estimated Value
$675,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,402
Avg. Annual Appreciation
9.69%
Original Mortgage
$266,000
Outstanding Balance
$240,853
Interest Rate
4.87%
Mortgage Type
New Conventional
Estimated Equity
$434,549

Purchase Details

Listed on
Apr 28, 2015
Closed on
Dec 10, 2015
Sold by
Munguia Juana
Bought by
Hernandez Hermes and Hernandez Mercedes
Seller's Agent
Carla Castillejo
Equity Real Estate Florida
Buyer's Agent
Orestes Veliz
Florida Realty of Miami Corp
List Price
$270,000
Sold Price
$225,000
Premium/Discount to List
-$45,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.49%
Original Mortgage
$168,750
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2014
Closed on
Apr 10, 2015
Sold by
Solis Denis
Bought by
Munguia Juana A
Seller's Agent
Carla Castillejo
Equity Real Estate Florida
Buyer's Agent
Jorge Andrade
Compass Florida, LLC
List Price
$120,000
Sold Price
$164,900
Premium/Discount to List
$44,900
37.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.01%
Original Mortgage
$115,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2006
Sold by
Sotomayor Angel
Bought by
Solis Denis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
7.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 1999
Sold by
Dominguez Rolando
Bought by
Sotomayor Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
6.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 1997
Sold by
Valle Jorge J and Valle Ana O Del
Bought by
Dominguez Rolando

Purchase Details

Closed on
Oct 26, 1993
Sold by
Monzon Pedro J
Bought by
Delvalle Jorge J and Delvalle Ana O
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
Bayona & Carrascal Group Llc $380,000 Attorney
Hernandez Hermes $225,000 Attorney
Munguia Juana A $164,900 None Available
Solis Denis $360,000 Intl Unlimited Title Service
Sotomayor Angel $146,000 --
Dominguez Rolando $22,000 --
Delvalle Jorge J $12,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bayona & Carrascal Group Llc $266,000
Previous Owner Hernandez Hermes $168,750
Previous Owner Munguia Juana A $115,000
Previous Owner Solis Denis $288,000
Previous Owner Dominguez Rolando $10,000
Previous Owner Dominguez Rolando $116,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2020 01/30/20 Sold $380,000 -2.6% $197 / Sq Ft
11/08/2019 11/08/19 Price Changed $390,000 +0.5% $202 / Sq Ft
08/20/2019 08/20/19 For Sale $388,000 +72.4% $201 / Sq Ft
12/10/2015 12/10/15 Sold $225,000 -16.7% $113 / Sq Ft View Prior Sale
10/02/2015 10/02/15 Pending -- -- --
04/28/2015 04/28/15 For Sale $270,000 +63.7% $136 / Sq Ft
04/10/2015 04/10/15 Sold $164,900 +37.4% $83 / Sq Ft View Prior Sale
09/16/2014 09/16/14 Pending -- -- --
09/08/2014 09/08/14 For Sale $120,000 -- $60 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $9,752 $473,170 -- --
2024 $9,176 $430,155 -- --
2023 $9,176 $391,050 $0 $0
2022 $8,209 $348,230 $0 $0
2021 $7,486 $316,573 $143,220 $173,353
2020 $6,773 $311,503 $135,929 $175,574
2019 $6,184 $275,553 $107,285 $168,268
2018 $5,699 $266,718 $96,348 $170,370
2017 $5,150 $201,066 $0 $0
2016 $4,749 $182,788 $0 $0
2015 $3,910 $130,432 $0 $0
2014 $3,707 $118,575 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A10726960

MIAMI REALTORS® MLS

APN: 01-3127-038-0160

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