NOT LISTED FOR SALE

Estimated Value: $608,942 - $653,000

3 Beds
2 Baths
2,252 Sq Ft
$284/Sq Ft Est. Value

About This Home

This home is located at 242 E 16th St, Hialeah, FL 33010 and is currently estimated at $638,736, approximately $283 per square foot. 242 E 16th St is a home located in Miami-Dade County with nearby schools including South Hialeah Elementary School, Miami Springs Middle School, and Westland Hialeah Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2024
Sold by
Martinez Josue and Martinez Anett
Bought by
Alvarez Norviel
Current Estimated Value
$638,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$606,100
Outstanding Balance
$605,575
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$25,561

Purchase Details

Closed on
May 8, 2024
Sold by
A & J Factory Direst Cabinets Llc
Bought by
Martinez Anett and Martinez Josue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,000
Interest Rate
6.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2024
Sold by
Martinez Josue and Martinez Anett
Bought by
A & J Factory Direct Cabinets Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2023
Sold by
Martinez Josue and Martinez Anett
Bought by
Martinez Josue and Martinez Anett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,957
Interest Rate
6.13%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 24, 2018
Sold by
Martienz Orlando
Bought by
Martinez Josue

Purchase Details

Closed on
Oct 21, 2017
Sold by
Martinez Carmen Julia and Martinez Orlando
Bought by
Martinez Orlando and Martinez Carmen Julia
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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
Alvarez Norviel $638,000 First Premier Title
Martinez Anett -- Dockside Title Llc
A & J Factory Direct Cabinets Llc -- Florida Select Title
Martinez Josue -- --
Martinez Josue $33,400 Attorney
Martinez Orlando $36,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Norviel $606,100
Previous Owner Martinez Anett $402,000
Previous Owner A & J Factory Direct Cabinets Llc $350,000
Previous Owner Martinez Josue $171,957
Previous Owner Martinez Orlando $50,000
Previous Owner Martinez Orlando $44,581
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2024 10/29/24 Off Market $4,300 -- --
10/08/2024 10/08/24 Off Market $4,300 -- --
09/26/2024 09/26/24 For Rent $4,300 0.0% --
09/25/2024 09/25/24 For Rent $4,300 -- --

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 $7,225 $304,044 -- --
2023 $7,225 $295,189 $0 $0
2022 $4,603 $286,592 $0 $0
2021 $4,574 $278,245 $0 $0
2020 $4,515 $274,404 $0 $0
2019 $4,407 $268,235 $120,970 $147,265
2018 $816 $136,367 $0 $0
2017 $827 $133,563 $0 $0
2016 $845 $130,816 $0 $0
2015 $869 $129,907 $0 $0
2014 $901 $128,876 $0 $0
Source: Public Records

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