NOT LISTED FOR SALE

5425 W 20th Ln Unit 7 Hialeah, FL 33016

Estimated Value: $276,000 - $307,000

2 Beds
2 Baths
1,032 Sq Ft
$230/mo HOA Fee

Last Sold January 13, 2023

Last sale price $240,000 $233 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,204/month

10 Days on Market

Highlights

  • Balcony
  • Ceramic Tile Flooring
  • Heating Available
  • Views
  • Central Air

About This Home

As of January 2023

GREAT 2 STORY UNIT IN THE HEART OF HIALEAH. THE UNIT OFFERS A SPACIOUS DOWNSTAIRS WITH THE LIVING ROOM, KITCHEN AND EVEN A BACK YARD. THE ROOMS ARE UPSTAIRS FOR GREAT PRIVACY AND THE MASTER BEDROOM HAS A BALCONY. THE PARKING SPOTS ARE RIHGT IN FRON TO OF THE UNIT FOR CONVENIENCE. THE WASHER AND DRYER ARE TUCKED NICELY UNDER THE STAIRS. COME OVER AND VISIT!!

Last Agent to Sell the Property

Armando Palma

Palma Realty Group License #3165997 Listed on: 11/29/2022

Last Buyer's Agent

Fausto Ferrer

Ocean Palms Realty Associates, LLC. License #3470441

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $567

Year Built

  • Built in 1986

HOA Fees

  • $230 Monthly HOA Fees

Interior Spaces

  • 1,032 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring
  • Property Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms

Parking

  • 2 Car Parking Spaces
  • Assigned Parking

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 04-20-34-133-0070

Community Details

Overview

  • West Lake Condo
  • Second West Lake Condo Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$567

Year Built

Built in 1986

Lot Details

0

HOA Fees

$230 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1986
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: SECOND WEST LAKE CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1032
  • Possible Use: Unknown/Withheld
  • Stories: 2
  • Bedroom Features: Primary Bedroom Upstairs, Other

Exterior Features

  • View: Other View
  • Exterior Features: Other, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: WEST LAKE CONDO
  • Parking Features: 2 Or More Spaces, Assigned

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: No Security, Other

Condo/Co-op/Association

  • Association Fee: 230
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 04-20-34-133-0070
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 567

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2023
Sold by
Ferrer Frank and Ferrer Ofelia M
Bought by
Frank Ferrer And Ofelia M Ferrer Family Revoc
Current Estimated Value
$292,761

Purchase Details

Listed on
Nov 29, 2022
Closed on
Dec 31, 2022
Sold by
Burns Yovana
Bought by
Ferrer Frank and Ferrer Ofelia
Seller's Agent
Armando Palma
Palma Realty Group
Buyer's Agent
Fausto Ferrer
Ocean Palms Realty Associates, LLC.
List Price
$249,997
Sold Price
$240,000
Premium/Discount to List
-$9,997
-4%
Views
81

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%

Purchase Details

Closed on
May 6, 2005
Sold by
Hechavarria Maria
Bought by
Hechavarria Pedro J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,100
Interest Rate
7.85%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 1, 1996
Sold by
Angulo Reynaldo A and Angulo Giovanna
Bought by
Hechavarria Pedro J and Hechavarria Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,500
Interest Rate
7.2%
Mortgage Type
FHA
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Frank Ferrer And Ofelia M Ferrer Family Revoc -- None Listed On Document
Ferrer Frank $240,000 --
Hechavarria Pedro J $28,000 Mortgage Information Service
Hechavarria Pedro J $63,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hechavarria Pedro J $142,500
Previous Owner Hechavarria Pedro J $28,500
Previous Owner Hechavarria Pedro J $146,700
Previous Owner Hechavarria Pedro J $101,100
Previous Owner Hechavarria Pedro J $61,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2023 01/13/23 Sold $240,000 -4.0% $233 / Sq Ft
12/10/2022 12/10/22 Pending -- -- --
11/29/2022 11/29/22 For Sale $249,997 -- $242 / 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 $4,131 $248,690 -- --
2023 $4,131 $220,080 $0 $0
2022 $3,151 $168,000 $0 $0
2021 $567 $62,141 $0 $0
2020 $564 $61,284 $0 $0
2019 $555 $59,907 $0 $0
2018 $533 $58,790 $0 $0
2017 $532 $57,581 $0 $0
2016 $536 $56,397 $0 $0
2015 $544 $56,005 $0 $0
2014 $552 $55,561 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Armando Palma

    Seller's Agent in 2023

    Armando Palma

    RE/MAX

    (305) 510-0002

    5 in this area

    46 Total Sales

    Armando Palma
    Section Image
  • Fausto Ferrer

    Buyer's Agent in 2023

    Fausto Ferrer

    Ocean Palms Realty Associates, LLC.

    (305) 773-1042

    2 in this area

    25 Total Sales

    Fausto Ferrer
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11296470

MIAMI REALTORS® MLS

APN: 04-2034-133-0070

Florida Miami/Dade County Hialeah 33016

5425 W 20th Ln Unit 7, Hialeah, FL

This home is located at 5425 W 20th Ln Unit 7, Hialeah, FL 33016 since 29 November 2022 and is currently estimated at $292,761, approximately $283 per square foot. This property was built in 1986. 5425 W 20th Ln Unit 7 is a home located in Miami-Dade County with nearby schools including Ben Sheppard Elementary School, Palm Springs Middle School, and Hialeah Gardens Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes