NOT LISTED FOR SALE

551 E 40th St Hialeah, FL 33013

Estimated Value: $606,000 - $650,223

3 Beds
3 Baths
1,384 Sq Ft
$457/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $535,000 $387 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,921/month

6 Days on Market

Highlights

  • No HOA
  • Shed
  • 1-Story Property
  • In-Law or Guest Suite
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of April 2022

3BR 3BATH 1400sf LA W/ Separate 300 SQ FT potential In- Law Quarters . Brand new Tile Roof , Impact Windows. All new Underground Plumbing, Electrical, A/C with all New Ducts. Brand new tile throughout, New Shaker Kitchen Cabinets w/ Quartz and all New Stainless Steel Appliances. Separate Laundry room W/ Tankless W/H. All 3 New Remodeled Bathrooms W/ all new fixtures. All new Interior doors and 5 inch baseboards. New Designer Concrete Driveway. Vivint alarm system included. Separate detached structure in the back W/ Existing underground plumbing perfect for a separate In-Law quarters or extra storage space. SEE BROKERS REMARKS.

Last Agent to Sell the Property

Luis Rodriguez

Rejoice Realty Group, Inc. License #3378496 Listed on: 03/25/2022

Last Buyer's Agent

Niurys Nuñez

Related ISG Realty, LLC. License #3440693

Related ISG Realty, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,920

Year Built

  • Built in 1952

Lot Details

  • 6,900 Sq Ft Lot
  • South Facing Home
  • Property is zoned 0100

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,384 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Shed

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Hialeah 14Th Addn Rev Pl Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-31-05-005-2800

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,920

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: HIALEAH 14TH ADDN REV PL
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Other, Separate Guest/In-Law Quarters
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1384
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Other
  • Living Room Features: Separate Guest/In-Law Quarters

Exterior Features

  • Roof: Other
  • View: None
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Extra Building/Shed
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HIALEAH 14TH ADDN REV PL
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Other
  • Water Source: Other
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 04-31-05-005-2800
  • Lot Size Sq Ft: 6900
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4920

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2022
Closed on
Apr 29, 2022
Sold by
Barr Holdings Llc
Bought by
Santana Pedro Ramirez
Seller's Agent
Luis Rodriguez
Rejoice Realty Group, Inc.
Buyer's Agent
Niurys Nuñez
Related ISG Realty, LLC.
List Price
$549,000
Sold Price
$535,000
Premium/Discount to List
-$14,000
-2.55%
Current Estimated Value
$632,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,306
Avg. Annual Appreciation
4.70%
Original Mortgage
$445,500
Outstanding Balance
$419,898
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$212,408

Purchase Details

Listed on
Nov 20, 2020
Closed on
Apr 20, 2021
Sold by
Gutlerrez Maria
Bought by
Barr Holdings Llc
Seller's Agent
Sandra Rodriguez
MMLS Assoc.-Inactive Member
Buyer's Agent
Sandra Rodriguez
MMLS Assoc.-Inactive Member
List Price
$405,000
Sold Price
$230,000
Premium/Discount to List
-$175,000
-43.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
128.79%

Purchase Details

Closed on
Jun 19, 2007
Sold by
Suarez Rolando and Suarez Irma
Bought by
Gutierrez Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
6.65%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 4, 1999
Sold by
Jose and Izquierdo Gladys C
Bought by
Suarez Rolando and Suarez Irma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,600
Interest Rate
6.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 1995
Sold by
Izquierdo Jose
Bought by
Izquierdo Jose and Izquierdo Gladys C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Santana Pedro Ramirez $535,000 Attorneys Title & Trust
Ramirez Santana Pedro $535,000 Attorneys Title & Trust
Barr Holdings Llc $230,000 Attorneys Title & Trust Llc
Gutierrez Maria $390,000 Attorney
Suarez Rolando $128,000 --
Izquierdo Jose -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Santana Pedro $445,500
Closed Ramirez Santana Pedro $445,500
Previous Owner Gutierrez Maria $390,000
Previous Owner Suarez Rolando $167,500
Previous Owner Suarez Rolando $35,000
Previous Owner Suarez Rolando $121,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/29/2022 04/29/22 Sold $535,000 -2.6% $387 / Sq Ft
04/01/2022 04/01/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $549,000 +138.7% $397 / Sq Ft
04/20/2021 04/20/21 Sold $230,000 -43.2% $145 / Sq Ft View Prior Sale
11/17/2020 11/17/20 For Sale $405,000 -- $255 / 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 $7,185 $438,471 -- --
2024 $6,994 $426,114 -- --
2023 $6,994 $413,703 $205,216 $208,487
2022 $6,074 $323,784 $171,013 $152,771
2021 $4,920 $252,591 $0 $0
2020 $4,616 $254,637 $136,502 $118,135
2019 $4,208 $231,696 $118,731 $112,965
2018 $3,878 $232,054 $118,731 $113,323
2017 $3,588 $172,525 $0 $0
2016 $3,243 $156,841 $0 $0
2015 $2,910 $142,583 $0 $0
2014 $2,633 $129,621 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11180211

MIAMI REALTORS® MLS

APN: 04-3105-005-2800