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$439,900

Beds
2
Baths
1.0
sq ft
960

511 NE 131st St, North Miami, FL 33161

511 NE 131st St

North Miami, FL 33161

  • 1062 days on market
    • Price drop $49,000↓
Check out this fantastic home in a thriving, up-and-coming area! Conveniently located near shops, this property is now available after successfully resolving previous legal proceedings. Currently rented at $2,550 per month until March 2025, it offers immediate rental income and a great return on investment. We've received multiple offers in the past few months, but couldn’t close due to the legal issues. Now that everything is settled, it’s expected to sell quickly—don’t miss your chance to act today!

Details

Property type

Single Family Residence

Est. home value

$405,335

Lot size

5,000 sq ft

Price per sq ft

$459

Year built

1947

Annual property taxes

$4,600

Price History

10/15/2024
SEF

SEF #A11134532

Price change
$439,900
-10.02%
06/28/2024
SEF

SEF #A11134532

Price change
$488,900
+8.91%
12/09/2021
SEF

SEF #A11134532

Listed
$448,900

Schools & Community

Neighborhood: 

Central

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Amalia Simon

Loan start date

February 2020

Original loan amount

$175,000

Est. remaining balance

Not provided

Interest rate

3.72%

Loan type

Balloon, 1 year

Seller

Morant Re Investments Llc

Lender

Amalia Simon

Loan start date

February 2020

Original loan amount

$175,000

Est. remaining balance

Not provided

Interest rate

3.72%

Loan type

Balloon, 1 year

Seller

Morant Re Investments Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/05/2024 at 6:15 PM

Listing updated: 10/15/2024 at 5:31 PM

Listed by: Guillermo Rosman, Miami Zyr Realty Inc Phone #: (786) 317-7442

MLS: SEF #A11134532

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