NOT LISTED FOR SALE

Estimated Value: $506,000 - $1,640,000

5 Beds
4 Baths
6,282 Sq Ft
$193/Sq Ft Est. Value

Last Sold December 28, 2018

Last sale price $677,000 $108 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $6,858/month

67 Days on Market

Highlights

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

About This Home

As of December 2018

GREAT OPPORTUNITY FOR INVESTMENT. TRIPLEX WITH 6 UNITS, 12 PARKING SPACES. 3 UNITS WITH 3 BEDROOMS AND 2 BATHROOMS AND 3 UNITS WITH 2 BEDROOMS AND 2 BATHROOMS. INCOME $7,050 MONTHLY. 4 MORE UNITS AVAILABLE. YOU CAN BUY THE COMPLETE PACKAGE 8 UNITS 3/2 AND 2 UNITS 2/2

Last Agent to Sell the Property

Suad Yidios

First Way Realty Services Inc License #3411134 Listed on: 08/14/2018

Last Buyer's Agent

Maritza Borroto

East Coast Realty Brokerage LLC License #3222207

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,841

Year Built

  • Built in 2003

Lot Details

  • 6,795

Parking

  • 12 Parking Spaces

Home Design

  • Triplex

Interior Spaces

  • 6,282 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3 Units
  • Morris Homesites #2 Condos
  • Morris Homesites #2 Subdivision

Listing and Financial Details

  • Rent includes trash collection
  • Assessor Parcel Number 10-78-12-001-0140

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,841

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2003
  • Property Sub Type: Triplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: MORRIS HOMESITES #2
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 6282
  • Possible Use: Unknown/Withheld
  • Stories: 1

Exterior Features

  • Roof: Other
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MORRIS HOMESITES #2
  • Total Parking Spaces: 12

Utilities

  • Sewer: Public Sewer
  • 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: 10-78-12-001-0140
  • Zoning: 3000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 10841

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2018
Closed on
Dec 28, 2018
Sold by
Ytech Investments Llc
Bought by
Southland Estates Llc
Seller's Agent
Suad Yidios
First Way Realty Services Inc
Buyer's Agent
Maritza Borroto
East Coast Realty Brokerage LLC
List Price
$250,000
Sold Price
$677,000
Premium/Discount to List
$427,000
170.8%
Current Estimated Value
$1,211,684

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$534,684
Avg. Annual Appreciation
8.88%
Original Mortgage
$667,500
Outstanding Balance
$258,818
Interest Rate
4.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$952,866

Purchase Details

Closed on
Dec 26, 2012
Sold by
Community Bank Of Florida
Bought by
Ytech Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,000
Interest Rate
3.35%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 10, 2012
Sold by
Gonzalez Carmelo A
Bought by
Community Bank Of Florida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,000
Interest Rate
3.35%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 27, 2003
Sold by
Carmel Investments & Development Inc
Bought by
Gonzalez Carmelo A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 2001
Sold by
Edward T Hicks M and Edward Edith C
Bought by
Investments Carmel and Investments Dev
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
Southland Estates Llc $677,000 Attorney
Ytech Investments Llc $636,000 Attorney
Community Bank Of Florida $5,600 --
Gonzalez Carmelo A $449,000 --
Investments Carmel $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Southland Estates Llc $667,500
Previous Owner Ytech Investments Llc $477,000
Previous Owner Gonzalez Carmelo A $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2018 12/28/18 Sold $677,000 -9.7% $108 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
08/14/2018 08/14/18 Price Changed $750,000 +200.0% $119 / Sq Ft
07/27/2018 07/27/18 For Sale $250,000 -- $40 / 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 $6,196 $311,692 -- --
2024 $5,733 $283,357 -- --
2023 $5,733 $257,598 $0 $0
2022 $5,034 $234,180 $0 $0
2021 $4,700 $212,891 $0 $0
2020 $4,277 $193,538 $47,600 $145,938
2019 $11,782 $531,213 $108,900 $422,313
2018 $10,601 $486,567 $59,400 $427,167
2017 $10,841 $491,421 $0 $0
2016 $10,420 $463,548 $0 $0
2015 $9,730 $425,925 $0 $0
2014 $9,847 $416,220 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A10521214

MIAMI REALTORS® MLS

APN: 10-7812-001-0140