NOT LISTED FOR SALE

1685 W 42nd St Unit 202 Hialeah, FL 33012

Estimated Value: $218,000 - $250,000

2 Beds
2 Baths
836 Sq Ft
$740/ mo HOA Fee

Last Sold August 06, 2024

Last sale price $240,000 $287 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,199/month

167 Days on Market

Highlights

  • Balcony
  • Tile Flooring
  • Central Heating and Cooling System
  • Security Service
  • Guest Parking

About This Home

As of August 2024

Don't miss this investment opportunity for both owners and investors looking for a property with excellent rental potential. Large second floor condo with two bedrooms and two bathrooms. The apartment features tile flooring, a large balcony, one assigned parking space, and additional guest parking available. The property is currently occupied by a tenant on a month-to-month contract, presenting an excellent opportunity for investors seeking a steady stream of rental income. Conveniently located near Highway 826, Westland Mall and shopping and services on 49th Street. Don't miss this great opportunity!

Last Agent to Sell the Property

Rahiza Henriquez

Shield Real Estate & Investments Group of Florida, License #3455307 Listed on: 02/12/2024

Shield Real Estate & Investments Group of Florida,

Last Buyer's Agent

Idalia Nunez

Coldwell Banker Realty License #3039297

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,665

Year Built

  • Built in 1984

HOA Fees

  • $740 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 836 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Parking Space
  • Guest Parking
  • On-Street Parking
  • Open Parking

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 04-30-02-154-0090

Community Details

Overview

  • Villa Monreal Condo
  • Villa Monreal Condo Subdivision

Pet Policy

  • Pets Allowed

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,665

Year Built

Built in 1984

Lot Details

0 Sq Ft Lot

HOA Fees

$740 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Property Sub Type: Condominium
  • Directions: Use GPS
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: VILLA MONREAL CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Electric Range, Refrigerator
  • Interior Amenities: Second Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 836
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: Entry Level

Exterior Features

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

Garage/Parking

  • Park Building Name: VILLA MONREAL CONDO
  • Open Parking: Yes
  • Parking Features: 1 Space, Guest, On Street

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Security Patrol

Condo/Co-op/Association

  • Association Fee: 740
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 04-30-02-154-0090
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2665

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2024
Closed on
Aug 6, 2024
Sold by
Alvarez Edilberto G and Alvarez Norma M
Bought by
Lip Group Llc
Seller's Agent
Rahiza Henriquez
Shield Real Estate & Investments Group of Florida,
Buyer's Agent
Idalia Nunez
Coldwell Banker Realty
List Price
$240,000
Sold Price
$240,000
Views
106
Current Estimated Value
$233,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,160
Avg. Annual Appreciation
-1.60%
Original Mortgage
$155,000
Outstanding Balance
$153,273
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$80,567

Purchase Details

Closed on
Apr 28, 2006
Sold by
Portnoy Jose
Bought by
Alvarez Edilberto G and Alvarez Norma M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,400
Interest Rate
7.62%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 28, 2005
Sold by
Pordel Corp
Bought by
Portnoy Jose
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Lip Group Llc $240,000 Step By Step Title & Escrow Ll
Alvarez Edilberto G $163,000 None Available
Portnoy Jose -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lip Group Llc $155,000
Previous Owner Alvarez Edilberto G $130,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/06/2024 08/06/24 Sold $240,000 -7.7% $287 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
05/14/2024 05/14/24 Price Changed $260,000 +6.1% $311 / Sq Ft
02/22/2024 02/22/24 Price Changed $245,000 +2.1% $293 / Sq Ft
02/13/2024 02/13/24 For Sale $240,000 -- $287 / 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 $2,901 $185,305 -- --
2024 $2,665 $139,073 -- --
2023 $2,665 $126,430 $0 $0
2022 $2,324 $114,937 $0 $0
2021 $2,263 $104,489 $0 $0
2020 $1,990 $116,600 $0 $0
2019 $1,871 $114,000 $0 $0
2018 $1,486 $78,505 $0 $0
2017 $1,394 $72,690 $0 $0
2016 $1,421 $72,690 $0 $0
2015 $1,448 $72,684 $0 $0
2014 $1,342 $66,077 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rahiza Henriquez

    Seller's Agent in 2024

    Rahiza Henriquez

    Shield Real Estate & Investments Group of Florida,

    (954) 601-6191

    12 Total Sales

    Rahiza Henriquez
    Section Image
  • Idalia Nunez

    Buyer's Agent in 2024

    Idalia Nunez

    Coldwell Banker Realty

    (786) 877-7165

    35 Total Sales

    Idalia Nunez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11532259

MIAMI REALTORS® MLS

APN: 04-3002-154-0090

Florida Miami/Dade County Hialeah 33012

1685 W 42nd St Unit 202, Hialeah, FL

Not Listed for Sale

Condos

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