NOT LISTED FOR SALE

Estimated Value: $409,000 - $470,000

2 Beds
2 Baths
1,225 Sq Ft
$352/Sq Ft Est. Value

Last Sold April 30, 2014

Last sale price $103,000 $84 Per Sq Ft

Est. 319% increase in value since last sale

Current estimated payment $2,889/month

91 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • 1-Story Property
  • Cooling System Mounted To A Wall/Window
  • No Heating

About This Home

As of April 2014

OVER A 1% RETURN ON INVESTMENT MONTHLY AT MARKET RENTS. Duplex with TWO NICE SIZE 1/1's in a GOOD AREA, RENTS ARE BELOW MARKET, walk-in closets, tile floor on one side & carpet on the other, separate meters, landlord pays water, GOOD PARKING 2 SPACES PER UNIT, big back yard, needs a little TLC,

Last Agent to Sell the Property

Kwahm Hepburn

Urbanstone Real Estate Advisor License #3274362 Listed on: 12/19/2013

Last Buyer's Agent

Kwahm Hepburn

Urbanstone Real Estate Advisor License #3274362 Listed on: 12/19/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,082

Year Built

  • Built in 1961

Lot Details

  • 6,011

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,225 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Tile

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Community Details

  • No Home Owners Association
  • 4 Units
  • Welwyn Manor 31 2 B Condos
  • Welwyn Manor 31 2 B Subdivision

Listing and Financial Details

  • Rent includes gardener, sewer, trash collection, water
  • Assessor Parcel Number 514124161300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,082

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1961
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Directions: 1 BLOCK SOUTH OF PEMBROKE ROAD BETWEEN 62ND AVE & 64TH AVE ON SOUTH-WEST 18TH STREET, PROPERTY LOCATED ON THE SOUTH SIDE OF THE ROAD
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: WELWYN MANOR 31-2 B
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Carpet, Tile
  • Living Area: 1225
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Construction Type: CBS Construction
  • Lot Features: Regular Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: WELWYN MANOR 31-2 B
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 514124161300
  • Zoning: RESI.
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2082

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 26, 2021
Sold by
Ritos Properties Lp
Bought by
Gl Realty Group Llc
Current Estimated Value
$431,664

Purchase Details

Closed on
Jun 10, 2020
Sold by
Ralex Properties Inc
Bought by
Ritos Properties Lp

Purchase Details

Listed on
Dec 19, 2013
Closed on
Apr 30, 2014
Sold by
Mcdaniel Mary
Bought by
Ralex Properties Inc Florida Profit Corp
Seller's Agent
Kwahm Hepburn
Urbanstone Real Estate Advisor
Buyer's Agent
Kwahm Hepburn
Urbanstone Real Estate Advisor
List Price
$115,000
Sold Price
$103,000
Premium/Discount to List
-$12,000
-10.43%

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%

Purchase Details

Closed on
Apr 26, 1998
Sold by
Available Not
Bought by
Available Not

Purchase Details

Closed on
Mar 1, 1987
Sold by
Available Not
Bought by
Available Not
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gl Realty Group Llc $211,500 None Listed On Document
Ritos Properties Lp $180,000 Attorney
Ralex Properties Inc Florida Profit Corp $103,000 Priority Title Inc
Available Not $10,000 --
Available Not $7,142 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2014 04/30/14 Sold $103,000 -10.4% $84 / Sq Ft
03/18/2014 03/18/14 Pending -- -- --
12/17/2013 12/17/13 For Sale $115,000 -- $94 / 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 $6,442 $282,220 -- --
2024 $6,102 $272,060 $42,010 $230,050
2023 $6,102 $233,250 $0 $0
2022 $5,222 $212,050 $42,010 $170,040
2021 $4,546 $176,210 $42,010 $134,200
2020 $4,147 $176,210 $42,010 $134,200
2019 $3,874 $156,200 $42,010 $114,190
2018 $3,527 $141,200 $42,010 $99,190
2017 $3,139 $109,750 $0 $0
2016 $2,980 $99,780 $0 $0
2015 $2,712 $90,710 $0 $0
2014 $2,456 $81,330 $0 $0
2013 -- $73,940 $42,010 $31,930
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A1883329

MIAMI REALTORS® MLS

APN: 51-41-24-16-1300