1261 Sharar Ave, Opa Locka, FL 33054

3 beds2 baths1,288 sqft Edit

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Sold: $43,000
Sold on 12/02/14
Zestimate®: $115,335
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My Notes

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*2b/1b + 1b/1b Efficiency - Cash flowing Cow in Opa Locka!*1,288 Sq. Ft on 5,904 Sq. Ft Lot*ARV: $95-$100K*Potential Rental Income: $1,700 - $1,800 per month! - 2b/1b @ $900 - $1,000 per month - 1b/1b @ $700 - $800 per month*Repair Estimates:$20,000 - Needs New Kitchen & Bathroom, New Electric Panel (with permits), Roof Work, Paint, Trash Removal & Landscape. *$13,874.58 currently in violations: - Overgrown Grass, Unsecured Property, Fence Needs Repairing & Deteriorating Roof - City will mitigate these once brought into compliance - Buyer to be responsible to close with open violationsCall for showing - This Property will sell FAST!

Facts

  • Lot: 5,902 sqft
  • Single Family
  • Built in 1957
  • Last sold: Dec 2014 for $43,000
  • Last sale price/sqft: $33

Features

  • Flooring: Other
  • Parking: 0 space

    Additional Features

    • Bedroom Description \ At Least 1 Bedroom Ground Level, Board Identifier \ Miami Board of Realtors, Construction Type \ Cbs Construction, Cooling Description \ No Cooling, Design \ Detached, Design Description \ One Story, Equipment/Appliances \ No Equipment/Alliances Included, Exterior Features \ Fence, Exterior Features \ Fruit Trees, Floor Description \ Other, Folio Number \ 08-21-21-002-2850, Front Exposure \ South, Heating Description \ No Heat, Interior Features \ First Floor Entry, Interior Features \ Other, Listing Type \ Exclusive Right To Sell, Lot Description \ Less Than 1/4 Acre Lot, Membership Purch Rqd \ No, Municipal Code \ 0, Parking Description \ Other, Pool \ No, Property Type \ Single Family, Restrictions \ None, Roof Description \ Concrete Roof, Rooms Description \ Garage Apartment, Rooms Description \ Separate Guest/In-Law Quarters, Section \ 21, Sewer Description \ Municipal Sewer, Status \ Backup Contract-Call LA, Style \ No Pool/No Water, Subdivision Information \ No Subdiv/Park Info, Subdivision Name \ OPA LOCKA SUB PLAT NO 1, Tax Information \ Tax Reflects No Exemptions, Terms Considered \ Cash Only, Type of Association \ None, Type of Contingencies \ 3rd Party Approval, Type of Property \ Single, View \ None, Water Description \ Municipal Water, Waterfront Property (Y/N) \ No, Year Built Description \ Resale

    Construction

    • Exterior material: Cement concrete
    • Roof type: Other
    • Stories: 1
    • Unit count: 1

    Other

    • Floor size: 1,288 sqft
    • Last remodel year: 1957
    • Lot depth: 123
    • Lot width: 48
    • Parcel #: 0821210022850
    • Zillow Home ID: 43995343

    Zestimate Details

    Zestimate
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    $115,335
    +$1,139 Last 30 days
    $101K
    $128K
    Zestimate range
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    $1,485/mo
    -$4 Last 30 days
    $1.2K
    $1.7K
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    Popularity on Zillow

    If this home is listed on Zillow, it will reach the largest real estate network on the web.*
    1,472 all-time views
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    74 forecasted views of this home
    in the first 7 days after listing for sale
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    Comparable Homes

    Homes like this sold for $81-150K.

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    Market guide

    Zillow predicts 33054 home values will rise 1.8% next year, compared to a 1.2% rise for Opa-locka as a whole. Among 33054 homes, this home is valued 16% more than the midpoint (median) home, but is valued 64.1% less per square foot.

    Foreclosures will be a factor impacting home values in the next several years. In 33054, the number of foreclosures waiting to be sold is 6.8% lower than in Opa-locka, and 349.8% greater than the national average. This lower local number could help 33054 home values rise more quickly than other regions in Opa-locka.

    Learn more about forecast calculations or 33054 home values.
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      Nearby Schools in Opa-locka

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      Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

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