by RH Advisors

Check Availability
$448,900
↓ $100 (0%)
House - For Sale

511 NE 131st St

North Miami, FL 33161
bedrooms
2 Beds
bathrooms
1 Bath
square feet
960 Sqft
$2,510
Estimated Monthly
$0
HOA / Fees
5.60%
Cap Rate

About This Property

Great starter home, recently remodeled, ready to move in. Great opportunity, closed to everything. Home rented.
Unit Size
960Ft²
Days on Market
877 days
Land Size
0.11 acres
Price per sqft
$468
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1947
Listed By
Last updated: 6 months ago (Miami MLS #A11134532)

Price History

Date / Event Date Event Price
Aug 30, 2022 Price Decreased $448,900
↓ $100 (0%)
Price Decreased
Feb 10, 2022 Price Increased $449,000
↑ $30K (7.2%)
Price Increased
Dec 9, 2021 Listed by Miami ZYR Realty $419,000
Listed by Miami ZYR Realty
Great starter home, recently remodeled, ready to move in. Great opportunity, closed to everything. Home rented. The manager has listed the unit size as 960 square feet.
Oct 2, 2021 No longer available -
No longer available
Aug 7, 2021 Price Decreased $285,000
↓ $10K (3.4%)
Price Decreased
Show More

Property Highlights

Parking Details
Has Carport
Parking Features: Attached Carport, Guest, Slab/Strip
Carport Spaces: 1
Covered Parking Spaces: 1
Interior Details

Bathroom Information

Full Bathrooms: 1

Bedroom Information

Bedrooms: 2
Bedroom Features: Entry Level, Primary Bedroom Ground Level

Interior Information

Interior Features: First Floor Entry, Closet Cabinetry, Florida Room, Storage
Appliances: Other Equipment/Appliances, Refrigerator
Flooring Type: Vinyl

Room Information

Living Room Features: Florida Room, Storage Room

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,272
  • Gross Building Area: 1,272
  • Building Area: 960
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: GRIFFING BISCAYNE PK ESTS
  • Land Acres: 0.115
  • Legal Description 1: GRIFFING BISCAYNE PK ESTS RESUB OF BLK 39 PB 15-13 LOT 12 BLK 39 LOT SIZE 50.000 X 100 COC 26086-4102 11 2007 4

Ownership

  • Current Owner : MORANT RE INVESTMENTS LLC
  • Previous Owner : LUDWIG JOHN C
  • Previous Owner 2: LUDWIG JOHN C
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: NORTH MIAMI
  • Census Tract: 000306

Zoning

  • Zoning: 3700

Geography

  • Assessors Map Reference: 95
  • District: 06
  • Parcel: 06-2230-035-0090
  • Block: 39
  • Lot: 12
  • Meridian: SEC 30 TWN 52S RNG 42E
  • Municipality: NORTH MIAMI
  • Latitude: 25.8959
  • Longitude: -80.1884

    Address

  • Full Address: 511 Ne 131st St
  • Address - House Number: 511
  • Street Direction: NE
  • Address - Street Name: 131st
  • Address - Suffix Type: St
  • State: FL
  • City Name: North Miami
  • Carrier Code: C002
  • 4-Digit Zip Code: 7715
  • Zip Code: 33161

Valuation

    Tax

  • Total Area: 1,062
  • Tax Year: 2023
  • Tax Amount: $4,803
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 600

    Appraisal Valuation

  • Standard Deviation: 0.194
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 74
  • Final Value: 364,149
  • High Value: 434,803
  • Low Value: 293,495

    Market Valuation

  • Market Total Value: $241,150
  • Market Land Value: $175,000
  • Market Improvement Value: $66,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $204,777

    Sales

  • Current Sale Contract Date: Feb 19, 2020
  • Current Sale Recording Date: Mar 09, 2020
  • Current Sale Transaction ID: 11754875463
  • Current Sale Price: $178,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2020R0148849

    Last Sale Mortgage

  • First Mortgage Lender: AMALIA SIMON
  • First Mortgage Transaction Date: Mar 09, 2020
  • First Mortgage Loan Amount: $175,000
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Feb 01, 2021

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,122 ft²
$440/ft²
$493,500 Sep 22, 2023
$493,500 Oct 31, 2023
$285/mo
House
3 Beds
2 Baths
1,136 ft²
$418/ft²
$475,000 Sep 5, 2023
$475,000 Oct 27, 2023
$65/mo
House
2 Beds
1 Bath
750 ft²
$560/ft²
$420,000 Aug 24, 2023
$420,000 Oct 17, 2023
$51/mo
House
3 Beds
3 Baths
1,282 ft²
$382/ft²
$490,000 Aug 30, 2023
$490,000 Nov 22, 2023
$201/mo
Townhouse
2 Beds
3 Baths
1,285 ft²
$296/ft²
$380,000 Sep 27, 2023
$380,000 Nov 7, 2023
$992/mo
House
3 Beds
2 Baths
1,145 ft²
$437/ft²
$500,000 Jun 7, 2023
$500,000 Aug 22, 2023
$430/mo
House
3 Beds
2 Baths
1,064 ft²
$376/ft²
$400,000 May 13, 2023
-
$352/mo
House
3 Beds
2 Baths
1,473 ft²
$271/ft²
$399,900 Nov 22, 2023
-
$101/mo
House
3 Beds
2 Baths
1,458 ft²
$342/ft²
$499,000 Nov 24, 2023
-
$759/mo
House
2 Beds
1 Bath
1,455 ft²
$281/ft²
$409,000 Oct 12, 2023
-
$307/mo
House
3 Beds
1 Bath
1,134 ft²
$440/ft²
$499,000 Aug 9, 2023
-
$379/mo
House
3 Beds
1 Bath
990 ft²
$434/ft²
$430,000 Nov 24, 2023
-
$523/mo

About North Miami


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Frequently Asked Questions

When was property at 511 Northeast 131st Street built and last sold?
The property at 511 Northeast 131st Street was built in 1947 and last sold on Feb 19, 2020 for $178,000.
How much is this home worth?
The estimated value of the home located at 511 Northeast 131st Street is $445,228.
What are some comparable homes to 511 Northeast 131st Street?
Homes that are comparable to 511 Northeast 131st Street include a house property at 721 Northeast 126th Street, 310 Northeast 127th Street, 1165 Northeast 131st Street.

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