NOT LISTED FOR SALE

5705 NW 111th Terrace Hialeah, FL 33012

Palm Springs Neighborhood

Estimated Value: $618,334 - $714,000

4 Beds
2 Baths
1,425 Sq Ft
$465/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $458,000 $321 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,193/month

63 Days on Market

Highlights

  • Garden View
  • Converted Garage
  • Tile Flooring
  • No HOA
  • Attached Garage
  • 1-Story Property

About This Home

As of May 2021

Beautiful 4/3 corner lot, Property is fully fenced and very well maintained. Almost 2000 SQ FT under AC, Impact doors windows have accordion shutters. Dryer and stove use gas propane. Solar panels will be paid for by the seller when the purchase made at full price. Wonderful location close to shopping centers, major food markets and restaurants.

Last Agent to Sell the Property

Lisset Arenas

Realty One Group Evolution License #3144322 Listed on: 01/02/2021

Realty One Group Evolution

Last Buyer's Agent

David Orozco

First Home Realty, Inc. License #3431692

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,053

Year Built

  • Built in 1956

Lot Details

  • 7,551 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Patio Lot
  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,425 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Garden Views
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Attached Garage
  • Converted Garage
  • Driveway
  • Open Parking

Schools

  • Park Springs Elementary School
  • Chiles; Lawton Middle School
  • Goleman Barbara High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Palm Springs Sub 4Th Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-20-36-009-0100

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,053

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1956
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story, Patio/Zero Lot
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: PALM SPRINGS SUB 4TH ADDN
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Interior Amenities: First Floor Entry, Garage Converted
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Other, Tile
  • Furnished: Unfurnished
  • Living Area: 1425
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
  • Living Room Features: Garage Converted

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PALM SPRINGS SUB 4TH ADDN
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Park Springs
  • High School: Goleman Barbara
  • Middle Or Junior School: Chiles; Lawton

Lot Info

  • Parcel Number: 30-20-36-009-0100
  • Lot Size Sq Ft: 7551
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 7053

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2021
Closed on
May 4, 2021
Sold by
Dominguez Daniel Ravelo and Viera Celia L
Bought by
Jordan Lexeika
Seller's Agent
Lisset Arenas
Realty One Group Evolution
Buyer's Agent
David Orozco
First Home Realty, Inc.
List Price
$480,000
Sold Price
$458,000
Premium/Discount to List
-$22,000
-4.58%
Current Estimated Value
$662,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,334
Avg. Annual Appreciation
8.75%
Original Mortgage
$416,100
Outstanding Balance
$377,091
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$285,244

Purchase Details

Listed on
Oct 28, 2015
Closed on
Jan 18, 2016
Sold by
Gonzalez Zulema G and Gonzalez Francisco
Bought by
Dominguez Daniel Ravelo and Torres Viera Celia T
Seller's Agent
Liza Mendez
BHHS EWM Realty
Buyer's Agent
Maria Milagros Negron
Xcellence Realty
List Price
$329,900
Sold Price
$299,000
Premium/Discount to List
-$30,900
-9.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Original Mortgage
$293,584
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 28, 2015
Closed on
Dec 16, 2015
Sold by
Dearmas Gladys and Dearmas Gervasio
Bought by
Dearmas Gladys and Dearmas Oscar Ramon
Seller's Agent
Liza Mendez
BHHS EWM Realty
Buyer's Agent
Maria Milagros Negron
Xcellence Realty
List Price
$329,900
Sold Price
$299,000
Premium/Discount to List
-$30,900
-9.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,584
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 2014
Sold by
Gonzalez Zulema G and Gonzalez Francisco
Bought by
Gonzalez Zulema G and Gonzalez Francisco
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
Jordan Lexeika $458,000 Complete Choice Ttl Svcs Inc
Jordan Lexeika $458,000 Complete Choice Title
Dominguez Daniel Ravelo $299,000 Global Title Svcs South Fl I
Dearmas Gladys -- Attorney
Gonzalez Zulema G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jordan Lexeika $416,100
Closed Jordan Lexeika $416,100
Previous Owner Dominguez Daniel Ravelo $293,584
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2021 05/04/21 Sold $458,000 -4.6% $321 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $480,000 0.0% $337 / Sq Ft
02/12/2021 02/12/21 Pending -- -- --
01/12/2021 01/12/21 Price Changed $480,000 +9.1% $337 / Sq Ft
01/02/2021 01/02/21 For Sale $440,000 +47.2% $309 / Sq Ft
01/19/2016 01/19/16 Sold $299,000 0.0% $170 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
11/19/2015 11/19/15 Price Changed $299,000 -9.4% $170 / Sq Ft
10/28/2015 10/28/15 For Sale $329,900 -- $188 / 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 $8,341 $489,852 $324,712 $165,140
2024 $7,564 $445,757 -- --
2023 $7,564 $405,234 $0 $0
2022 $6,788 $368,395 $202,929 $165,466
2021 $4,440 $264,759 $0 $0
2020 $7,053 $261,104 $0 $0
2019 $4,296 $255,234 $129,667 $125,567
2018 $4,178 $255,354 $129,667 $125,687
2017 $4,519 $231,555 $0 $0
2016 $1,322 $135,988 $0 $0
2015 $1,638 $135,043 $0 $0
2014 $1,638 $133,972 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lisset Arenas

    Realty One Group Evolution

    Section Image

  • D

    Buyer's Agent in 2021

    David Orozco

    First Home Realty, Inc.

    (305) 826-4404

    1 in this area

    13 Total Sales

    David Orozco
    Section Image

  • E

    Buyer Co-Listing Agent in 2021

    Eduardo Godoy

    First Home Realty, Inc.

    (305) 826-4404

    1 in this area

    10 Total Sales

    Eduardo Godoy
    Section Image
  • Liza Mendez

    Seller's Agent in 2016

    Liza Mendez

    BHHS EWM Realty

    (305) 992-5145

    55 Total Sales

    Liza Mendez
    Section Image

  • M

    Buyer's Agent in 2016

    Maria Milagros Negron

    Xcellence Realty

    (305) 244-4428

    14 Total Sales

    Maria Milagros Negron
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10977234

MIAMI REALTORS® MLS

APN: 30-2036-009-0100

Florida Miami/Dade County Hialeah 33012 Palm Springs

5705 NW 111th Terrace, Hialeah, FL

This home is located at 5705 NW 111th Terrace, Hialeah, FL 33012 since 02 January 2021 and is currently estimated at $662,334, approximately $464 per square foot. This property was built in 1956. 5705 NW 111th Terrace is a home located in Miami-Dade County with nearby schools including Twin Lakes Elementary School, Palm Springs Middle School, and Hialeah-Miami Lakes 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.

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