NOT LISTED FOR SALE

554 E 40th St Hialeah, FL 33013

Estimated Value: $537,587 - $601,000

3 Beds
2 Baths
1,500 Sq Ft
$379/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $440,000 $293 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,586/month

149 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • Central Heating and Cooling System
  • Ceramic Tile Flooring
  • Outdoor Grill
  • Ceiling Fan

About This Home

As of January 2023

Showings are by appointment on Saturday and Sundays from 2pm to 4PM. Please use showing time. Come see this Gem of a home located in the heart of Hialeah. A single-family home with no HOA, features a newer roof, accordion shutters, AC installed 2021 & a complete home quiet generator with auto on/off switch. The home is equipped with natural gas.The right side of the property is 8 feet wide for parking multiple cars and or a boat! A spacious backyard surrounded by fruit trees, a custom-built Bar-B-Cue/Smoker, and a terrace to relax and enjoy with the family. In addition, the home has a large detached structure that can be used for income producing or an in-law quarters.The home is currently being used as a 2/1 and a 1/1. Tenant occupied and are month to month-60 Day notice has been issued.

Last Agent to Sell the Property

Alex Otero

All Luxury Realty LLC License #3353589 Listed on: 08/16/2022

Last Buyer's Agent

Paulina Pereira

Realty One Group Evolution License #3496178

Realty One Group Evolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,653

Year Built

  • Built in 1953

Lot Details

  • 5,520 Sq Ft Lot
  • South Facing Home
  • Property is zoned 0100

Parking

  • 3 Car Garage
  • Driveway
  • Open Parking

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room
  • Ceramic Tile Flooring
  • Self-Cleaning Oven

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Shower Only

Additional Features

  • Outdoor Grill
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Hialeah 14 Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-31-05-006-0970

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,653

Year Built

Built in 1953

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Year Built: 1953
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: HIALEAH 14 ADDN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Self Cleaning Oven
  • Interior Amenities: Other, Family Room
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1500
  • Possible Use: Primary
  • Window Features: Hurricane Shutters
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower
  • Living Room Features: Family Room

Exterior Features

  • Roof: Other
  • View: None
  • Exterior Features: Built-In Grill
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: HIALEAH 14 ADDN
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Gas Metered

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 04-31-05-006-0970
  • Lot Size Sq Ft: 5520
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 1653

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2022
Closed on
Jan 12, 2023
Sold by
Lams Julia
Bought by
Menendez Perez Dayana and Menendez Marta Ramos
Seller's Agent
Alex Otero
All Luxury Realty LLC
Buyer's Agent
Paulina Pereira
Realty One Group Evolution
List Price
$549,000
Sold Price
$440,000
Premium/Discount to List
-$109,000
-19.85%
Views
133
Current Estimated Value
$568,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,147
Avg. Annual Appreciation
9.74%
Original Mortgage
$418,000
Outstanding Balance
$404,425
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$163,722

Purchase Details

Closed on
Feb 21, 2018
Sold by
Alfaro Carlos and Alfaro Hilda
Bought by
Alfaro Carlos and Alfaro Hilda

Purchase Details

Closed on
Dec 22, 2008
Sold by
Alfaro Carlos and Alfaro Hilda R
Bought by
Alfaro Carlos and Alfaro Hilda

Purchase Details

Closed on
Apr 5, 2007
Sold by
Alfaro Carlos and Alfaro Hilda R
Bought by
Alfaro Carlos and Alfaro Hilda
Source: Public Records

Range of Values:

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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
Menendez Perez Dayana $440,000 Apple Tower Title
Alfaro Carlos -- Attorney
Alfaro Carlos -- Attorney
Alfaro Carlos -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Menendez Perez Dayana $418,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2023 01/13/23 Sold $440,000 -2.0% $293 / Sq Ft
10/06/2022 10/06/22 Price Changed $449,000 -5.5% $299 / Sq Ft
08/22/2022 08/22/22 Price Changed $475,000 -13.5% $317 / Sq Ft
08/16/2022 08/16/22 For Sale $549,000 -- $366 / 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 $6,889 $399,540 $237,360 $162,180
2024 $6,243 $410,250 $247,149 $163,101
2023 $6,243 $328,244 $0 $0
2022 $5,598 $298,404 $147,113 $151,291
2021 $1,653 $126,651 $0 $0
2020 $1,626 $124,903 $0 $0
2019 $1,575 $122,095 $0 $0
2018 $1,490 $119,819 $0 $0
2017 $1,466 $117,355 $0 $0
2016 $1,453 $114,942 $0 $0
2015 $1,468 $114,143 $0 $0
2014 $1,484 $113,238 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11257583

MIAMI REALTORS® MLS

APN: 04-3105-006-0970