NOT LISTED FOR SALE

Estimated Value: $264,670 - $402,000

3 Beds
2 Baths
1,016 Sq Ft
$430/mo HOA Fee

Last Sold July 11, 2022

Last sale price $229,000 $225 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,475/month

68 Days on Market

Highlights

  • Lake Front
  • Community Pool
  • Tile Flooring
  • Miami Lakes Middle School Rated A-
  • Video Cameras
  • Guest Parking

About This Home

As of July 2022

3 BED & 2 BATH UNIT AT KINGS COVE! ONE OF THE LOWEST PRICED 3 BEDROOM CONDO IN HIALEAH WITH NO RENTAL RESTRICTONS, NO WAITING PERIOD TO RENT. THESE UNITS ARE LOCATED IN ONE OF THE HIGHEST DEMAND RENTAL AREAS IN ALL OF SOUTH FLORIDA. THIS IS A KNOCKOUT LONGTERM RENTAL PROPERTY FOR THE RIGHT LANDLORD TO ADD TO HIS OR HER'S PORTFOLIO OF RENTALS. CAN ALSO BE A GREAT STARTER HOME WITH GREAT SPACE AND VIEW OF LAKE. LOW ASSOCIATION FEE THAT INCLUDES EXTERIOR INSURANCE, WATER AND TRASH ALL INCLUDED AND ON SITE MANAGMENT. PROPERTY IS CURRENTLY TENANT OCCUPIED AND THE TENANTS ARE INTERESTED IN STAYING

Last Listed By

Sam Fugina

Marlin Realty Inc License #3332259 Listed on: 05/03/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,229

Year Built

  • Built in 1973

HOA Fees

  • $430 Monthly HOA Fees

Home Design

  • Garden Apartment
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,016 Sq Ft Home
  • Tile Flooring
  • Lake Views
  • Video Cameras
  • Electric Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Parking Space
  • Guest Parking

Schools

  • Palm Lakes Elementary School
  • Miami Lakes Middle School
  • Hialeah-Miami Lakes High School

Additional Features

  • Lake Front
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 04-20-26-039-0440

Community Details

Overview

  • Low-Rise Condominium
  • Kings Cove Condos
  • Kings Cove Condo,Kings Cove Subdivision
  • 5-Story Property

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Additional Features

  • Laundry Facilities
  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,229

Year Built

Built in 1973

Lot Details

0

HOA Fees

$430 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1973
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Co List Office Mls Id: MRLT01
  • Co List Office Phone: 954-442-4748
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: KINGS COVE CONDO,Kings Cove
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1016
  • Possible Use: Primary
  • Stories: 5
  • Bedroom Features: None

Exterior Features

  • View: Lake
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Kings Cove
  • Parking Features: 1 Space, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Complex Fenced, TV Camera

Condo/Co-op/Association

  • Association Fee: 430
  • Amenities: Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Palm Lakes
  • High School: Hialeah-Miami Lakes
  • Middle Or Junior School: Miami Lakes

Lot Info

  • Parcel Number: 04-20-26-039-0440
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2229

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2022
Closed on
Jul 1, 2022
Sold by
Irrevoca Alejandro and Irrevoca Ana
Bought by
Acosta Maria Falero and Ortega Eugenio Falero
Seller's Agent
Sam Fugina
Marlin Realty Inc
Buyer's Agent
Assaf Hizkiya
Listings Center
List Price
$239,000
Sold Price
$229,000
Premium/Discount to List
-$10,000
-4.18%
Total Days on Market
68
Current Estimated Value
$316,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,918
Avg. Annual Appreciation
12.08%
Original Mortgage
$160,300
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 2022
Sold by
Ana M Cabrera Revocable Living Trust
Bought by
Irrevoca Alejandro and Irrevoca Ana

Purchase Details

Closed on
Mar 15, 2009
Sold by
Cabrera Alejandro R and Cabrera Ana Maria
Bought by
Cabrera Denise and Cabrera Kelvin A

Purchase Details

Closed on
Feb 25, 1997
Sold by
Antonio and Rodriguez Guillermina
Bought by
Cabrera Alejandro R and Cabrera Ana Maria

Range of Values:

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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
Acosta Maria Falero -- --
Acosta Maria Falero $229,000 Herskowitz Shapiro Pllc
Irrevoca Alejandro -- Escoto-Castiello Maria I
Cabrera Denise -- Attorney
Cabrera Alejandro R $46,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Acosta Maria Falero $160,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2022 07/11/22 Sold $229,000 -4.2% $225 / Sq Ft
05/03/2022 05/03/22 For Sale $239,000 -- $235 / 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
2024 $3,456 $202,541 -- --
2023 $3,456 $184,128 $0 $0
2022 $1,870 $113,781 $0 $0
2021 $2,229 $103,438 $0 $0
2020 $2,156 $141,500 $0 $0
2019 $1,924 $123,000 $0 $0
2018 $1,725 $115,444 $0 $0
2017 $1,668 $70,651 $0 $0
2016 $1,521 $64,229 $0 $0
2015 $1,426 $58,390 $0 $0
2014 $1,248 $53,082 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11197803

MIAMI REALTORS® MLS

APN: 04-2026-039-0440