NOT LISTED FOR SALE

Estimated Value: $203,000 - $311,000

2 Beds
2 Baths
713 Sq Ft
$298/mo HOA Fee

Last Sold April 19, 2013

Last sale price $80,000 $112 Per Sq Ft

Est. 204% increase in value since last sale

Current estimated payment $1,830/month

17 Days on Market

Highlights

  • Intercom to Front Desk
  • End Unit
  • Tile Flooring
  • Main Floor Bedroom
  • Balcony
  • 2-minute walk to General Jose Francisco Morazan Quesada Park

About This Home

As of April 2013

2/2 condo, ready to move in! **HOMESTEPS/FREDDIE MAC PROPERTY** See attachments for all offers. NOTE:This is eligible under "Freddie Mac First Look Initiative" through Jan. 22th -only available to owner-occupants, NSP grantees, and/or non profits engaged in community stabilization efforts. Open to Investors on Jan.23th. CASH ONLY with deposit equal to 10% of purchase price and proof of funds.

Last Agent to Sell the Property

Elizabeth Diaz de Villegas

United Real Estate Miami License #0350386 Listed on: 01/07/2013

United Real Estate Miami

Last Buyer's Agent

Ramon Machado

MMLS Assoc.-Inactive Member License #3249209

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $947

Year Built

  • Built in 2003

HOA Fees

  • $298 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Home Design

  • Entry on the 3rd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 713 Sq Ft Home
  • Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • End Unit
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-38-085-0040

Community Details

Overview

  • Low-Rise Condominium
  • Merritt Place Condo
  • 5-Story Property

Amenities

  • Intercom to Front Desk

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$947

Year Built

Built in 2003

Lot Details

0

HOA Fees

$298 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Directions: SEE MAPQUEST.
  • Entry Level: 3
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 80000
  • InternetRemarks: Recently painted and ready to move in condo in Downtown area.
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Range, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 713
  • Possible Use: Primary
  • Stories: 5
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: None
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: MERRITT PLACE CONDO
  • Parking Features: 1 Space

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Intercom In Lobby

Condo/Co-op/Association

  • Association Fee: 298
  • Amenities: None
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-38-085-0040

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 947

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2013
Closed on
Apr 18, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Freiser Helene
Seller's Agent
Elizabeth Diaz de Villegas
United Real Estate Miami
Buyer's Agent
Ramon Machado
MMLS Assoc.-Inactive Member
List Price
$94,900
Sold Price
$80,000
Premium/Discount to List
-$14,900
-15.7%
Current Estimated Value
$243,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,569
Avg. Annual Appreciation
9.25%

Purchase Details

Closed on
Sep 7, 2012
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Aug 21, 2012
Sold by
Sanchez Oscar
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 15, 2004
Sold by
Merrit Investment Group Lllp
Bought by
Sanchez Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,525
Interest Rate
5.68%
Mortgage Type
Unknown
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
Freiser Helene $80,000 Attorney
Federal Home Loan Mortgage Corporation -- New House Title Llc
Wells Fargo Bank Na $84,000 None Available
Sanchez Oscar $139,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanchez Oscar $132,525
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/19/2013 04/19/13 Sold $80,000 -15.7% $112 / Sq Ft
01/28/2013 01/28/13 Pending -- -- --
01/10/2013 01/10/13 For Sale $94,900 -- $133 / 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 $3,202 $175,791 -- --
2024 $3,129 $159,810 -- --
2023 $3,129 $152,200 $0 $0
2022 $2,892 $139,973 $0 $0
2021 $2,771 $127,249 $0 $0
2020 $2,614 $136,806 $0 $0
2019 $2,471 $136,806 $0 $0
2018 $2,237 $130,378 $0 $0
2017 $2,062 $86,914 $0 $0
2016 $1,935 $79,013 $0 $0
2015 $1,871 $71,830 $0 $0
2014 $1,481 $65,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: MIAMI REALTORS® MLS

MLS Number: A1733250

MIAMI REALTORS® MLS

APN: 01-4138-085-0040