NOT LISTED FOR SALE

505 E 8th Ave Hialeah, FL 33010

Hialeah Acres Neighborhood

Estimated Value: $550,000 - $620,000

5 Beds
3 Baths
2,100 Sq Ft
$285/Sq Ft Est. Value

Last Sold April 08, 2016

Last sale price $205,000 $98 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $3,522/month

12 Days on Market

Highlights

  • Garden View
  • Tile Flooring
  • Central Heating and Cooling System
  • No HOA
  • 1-Story Property
  • West Facing Home

About This Home

As of April 2016

Multiple Offer Highest and Best Situation with a deadline for submission 03/10/16 by 4pm. Another Hot Hialeah Home brought to you by us! Home needs some work and finishing. Buyer responsible for complying with City of Hialeah Re-occupancy requirements...see attachment. See attachment for PAS requirements and WFHM offer submittal information in the MLS document section. Easy to show!!! Owner occupied offers will be entertained after 03/10/16. Investors offers will be entertained after 03/17/16.

Last Agent to Sell the Property

Liza Mendez

BHHS EWM Realty License #0242946 Listed on: 03/02/2016

BHHS EWM Realty

Last Buyer's Agent

Iraida Perez

Paradise Florida Realty Inc License #3072894

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,503

Year Built

  • Built in 1952

Lot Details

  • 8,240 Sq Ft Lot
  • West Facing Home

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,100 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Garden Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • Driveway
  • Open Parking

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Sun Tan Village Sec 05,East Hialeah Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-31-17-005-1670

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,503

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1952
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: Sun Tan Village Sec 05,East Hialeah
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Microwave, Other Equipment/Appliances, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Other, Tile
  • Furnished: Unfurnished
  • Living Area: 2100
  • Possible Use: Primary
  • Window Features: Other Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Other
  • Living Room Features: Other
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • Roof: Other, Shingle
  • View: Garden
  • Exterior Features: Other
  • Construction Type: CBS Construction, Other
  • Direction Faces: West
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Sun Tan Village Sec 05
  • Open Parking: Yes
  • Parking Features: Driveway, Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 04-31-17-005-1670
  • Lot Size Sq Ft: 8240
  • Zoning: R-1
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 3503

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2016
Closed on
Jun 3, 2016
Sold by
Reyes Federico
Bought by
Valdes Francisco Gutierrez and Colome Araikys Gutierrez
Seller's Agent
Liza Mendez
BHHS EWM Realty
Buyer's Agent
Iraida Perez
Paradise Florida Realty Inc
List Price
$175,000
Sold Price
$205,000
Premium/Discount to List
$30,000
17.14%
Current Estimated Value
$598,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$393,226
Avg. Annual Appreciation
11.67%
Original Mortgage
$200,000
Outstanding Balance
$159,643
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$438,583

Purchase Details

Listed on
Mar 2, 2016
Closed on
Mar 31, 2016
Sold by
The Bank Of New York Mellon
Bought by
Reyes Federico
Seller's Agent
Liza Mendez
BHHS EWM Realty
Buyer's Agent
Iraida Perez
Paradise Florida Realty Inc
List Price
$175,000
Sold Price
$205,000
Premium/Discount to List
$30,000
17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
3.64%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 30, 2015
Sold by
Palma Franklin
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Apr 17, 2009
Sold by
Palma Franklin
Bought by
Palma Franklin and Palma Silvia M

Purchase Details

Closed on
Feb 6, 2004
Sold by
Torres Juan
Bought by
Palma Franklin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
6.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 17, 2003
Sold by
Sebastian Ruben and Torres Juan
Bought by
Torres Juan
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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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
Valdes Francisco Gutierrez $250,000 E C Title Services Inc
Reyes Federico $205,000 Boston Natl Title Agency Llc
The Bank Of New York Mellon $191,000 None Available
Palma Franklin -- None Available
Palma Franklin $235,000 --
Torres Juan -- Consumer Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valdes Francisco Gutierrez $200,000
Previous Owner Reyes Federico $55,000
Previous Owner Palma Franklin $211,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2016 04/08/16 Sold $205,000 +17.1% $98 / Sq Ft
03/15/2016 03/15/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $175,000 -- $83 / 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
2025 $4,657 $299,100 -- --
2024 $4,526 $290,671 -- --
2023 $4,526 $282,205 $0 $0
2022 $4,366 $273,986 $0 $0
2021 $4,339 $266,006 $0 $0
2020 $4,282 $262,334 $0 $0
2019 $4,178 $256,436 $0 $0
2018 $3,986 $251,655 $0 $0
2017 $3,942 $246,479 $0 $0
2016 $4,111 $210,269 $0 $0
2015 $3,503 $170,493 $0 $0
2014 $3,190 $154,994 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Liza Mendez

    Seller's Agent in 2016

    Liza Mendez

    BHHS EWM Realty

    (305) 992-5145

    3 in this area

    49 Total Sales

    Liza Mendez
    Section Image
  • Iraida Perez

    Buyer's Agent in 2016

    Iraida Perez

    Paradise Florida Realty Inc

    (305) 331-8627

    1 in this area

    31 Total Sales

    Iraida Perez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10043796

MIAMI REALTORS® MLS

APN: 04-3117-005-1670

Florida Miami/Dade County Hialeah 33010 Hialeah Acres

505 E 8th Ave, Hialeah, FL

Not Listed for Sale

Detached

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