NOT LISTED FOR SALE

Miami, FL 33137

Upper East Side South Neighborhood

Estimated Value: $1,612,000 - $1,796,000

2 Beds
1 Bath
1,571 Sq Ft
$1,096/Sq Ft Est. Value

Last Sold October 20, 2017

Last sale price $544,411 $347 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $11,645/month

34 Days on Market

Highlights

  • Gated Community
  • Sun or Florida Room
  • Formal Dining Room
  • Garden View
  • No HOA
  • 1 Car Attached Garage

About This Home

As of October 2017

Perfectly located in the gated community of Morningside, this mid-century home is a fantastic investment opportunity. Featuring 2 bedrooms and 1 bathroom, this property needs complete rehab but has great potential. Property to be sold AS-IS without repairs or warranty. Great community within walking distance from 30-acre Morningside Park on Biscayne Bay. All contracts subject to court approval.

Last Agent to Sell the Property

Fernando Arencibia

Arenci Properties Realty, LLC. License #3211844 Listed on: 08/15/2017

Last Buyer's Agent

Fernando Arencibia

Arenci Properties Realty, LLC. License #3211844 Listed on: 08/15/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,886

Year Built

  • Built in 1961

Lot Details

  • 8,250 Sq Ft Lot
  • South Facing Home
  • Property is zoned 0100

Parking

  • 1 Car Attached Garage
  • Driveway
  • Open Parking

Home Design

  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,571 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Sun or Florida Room
  • Garden Views

Flooring

  • Carpet
  • Terrazzo
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 01-32-19-015-0011

Community Details

Overview

  • No Home Owners Association
  • Bayshore Plaza Unit No 6,Morningside Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,886

Year Built

Built in 1961

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1961
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: BAYSHORE PLAZA UNIT NO 6,MORNINGSIDE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: First Floor Entry, Florida Room
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Terrazzo, Vinyl
  • Furnished: Unfurnished
  • Living Area: 1571
  • Other Equipment: No Equipment
  • Possible Use: Primary
  • Bedroom Features: Entry Level
  • Dining Room Features: Formal Dining
  • Living Room Features: Florida Room

Exterior Features

  • Roof: Barrel Roof
  • View: Garden
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: BAYSHORE PLAZA UNIT NO 6
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Other
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated Community

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-32-19-015-0011
  • Lot Size Sq Ft: 8250
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 3886

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2017
Closed on
Oct 20, 2017
Sold by
Ward Bessie A Wersen and Dubose Roselis
Bought by
Rodriguez Edward
Seller's Agent
Fernando Arencibia
Arenci Properties Realty, LLC.
Buyer's Agent
Fernando Arencibia
Arenci Properties Realty, LLC.
List Price
$585,000
Sold Price
$544,411
Premium/Discount to List
-$40,589
-6.94%
Current Estimated Value
$1,880,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,336,011
Avg. Annual Appreciation
17.71%
Original Mortgage
$424,000
Outstanding Balance
$351,574
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,594,202
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
Rodriguez Edward $544,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Edward $424,000
Previous Owner Wersen Bessie A $681,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2017 10/20/17 Sold $544,411 -6.9% $347 / Sq Ft
08/31/2017 08/31/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $585,000 -- $372 / 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 $16,205 $765,024 -- --
2024 $16,125 $743,464 -- --
2023 $16,125 $721,810 $0 $0
2022 $15,457 $700,787 $0 $0
2021 $15,445 $680,376 $0 $0
2020 $15,149 $670,983 $0 $0
2019 $9,072 $384,893 $0 $0
2018 $11,650 $514,861 $0 $0
2017 $4,162 $155,122 $0 $0
2016 $3,886 $151,932 $0 $0
2015 $4,370 $150,876 $0 $0
2014 $3,439 $149,679 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Fernando Arencibia

    Seller's Agent in 2017

    Fernando Arencibia

    Arenci Properties Realty, LLC.

    (305) 822-8216

    19 Total Sales

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Source: MIAMI REALTORS® MLS

MLS Number: A10327897

MIAMI REALTORS® MLS

APN: 01-3219-015-0011

Florida Miami/Dade County Miami 33137

Upper East Side South

This home since 15 August 2017 and is currently estimated at $1,721,778, approximately $1,095 per square foot. This property was built in 1961. This home is a home located in Miami-Dade County with nearby schools including Morningside K-8 Academy, Horace Mann Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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