NOT LISTED FOR SALE

595 E 8th St Hialeah, FL 33010

Hialeah Acres Neighborhood

Estimated Value: $289,115 - $322,000

3 Beds
2 Baths
1,283 Sq Ft
$238/Sq Ft Est. Value

Last Sold December 04, 2019

Last sale price $460,000 $359 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $1,930/month

235 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Central Heating and Cooling System
  • No HOA
  • Outdoor Grill
  • Fenced

About This Home

As of December 2019

Investors dream. Great income producing property in Hialeah close to all shopping, Miami Airport and right across from Hialeah Elementary. Corner lot with 2 units. Upstairs with balcony and downstairs with a backyard. Remodeled, tile/wood flooring, Newer A/C + roof. Parking for 5 cars in front of building. Each Unit has 3 bedrooms and 2 full bath with washer and dryer in each unit. Sq Footage for both units is 2,566 sq ft. 1,283 SQ Ft each.
Rent can be up to $2,000 per month per unit, potential income total $4,000 .per month.

Last Agent to Sell the Property

Sharda Kunath

Coldwell Banker Realty License #0670268 Listed on: 03/08/2019

Coldwell Banker Realty

Co-Listed By

GRACE CABRERA

Coldwell Banker Realty License #0674464

Last Buyer's Agent

Arturo Rodriguez

Coldwell Banker Realty License #3007009

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,305

Year Built

  • Built in 1983

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Flat Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,283 Sq Ft Home
  • 2-Story Property
  • Sliding Windows

Flooring

  • Wood
  • Parquet
  • Tile

Outdoor Features

  • Balcony
  • Outdoor Grill

Additional Features

  • Fenced
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • East Arbor Twins Condo
  • East Arbor Twins Condo Subdivision

Listing and Financial Details

  • Rent includes trash collection
  • Assessor Parcel Number 04-31-17-025-0090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,305

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1983
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Co List Office Mls Id: CBRE06
  • Co List Office Phone: 305-596-3333
  • Directions: GPS
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: EAST ARBOR TWINS CONDO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Spa Yn: No
  • Flooring: Parquet, Tile, Wood
  • Living Area: 1283
  • Possible Use: Investment
  • Stories: 2
  • Window Features: Other Windows, Sliding

Exterior Features

  • Roof: Flat Tile
  • Exterior Features: Balcony, Barbeque
  • Construction Type: CBS Construction
  • Disclosures: Disclosure
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: EAST ARBOR TWINS CONDO
  • Total Parking Spaces: 5

Utilities

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

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 04-31-17-025-0090
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 2305

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2019
Closed on
Nov 22, 2019
Sold by
Verdugo Woody Carmen R
Bought by
595 E 8Th Street Llc
Seller's Agent
Sharda Kunath
Coldwell Banker Realty
Buyer's Agent
Arturo Rodriguez
Coldwell Banker Realty
List Price
$599,000
Sold Price
$460,000
Premium/Discount to List
-$139,000
-23.21%
Current Estimated Value
$305,279

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$154,721
Avg. Annual Appreciation
-6.54%
Original Mortgage
$300,000
Outstanding Balance
$263,923
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$41,356

Purchase Details

Listed on
Mar 8, 2019
Closed on
Nov 20, 2019
Sold by
Verdugo Mario
Bought by
595 E 8Th Street Llc
Seller's Agent
Sharda Kunath
Coldwell Banker Realty
Buyer's Agent
Arturo Rodriguez
Coldwell Banker Realty
List Price
$599,000
Sold Price
$460,000
Premium/Discount to List
-$139,000
-23.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$263,923
Interest Rate
3.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$41,356

Purchase Details

Closed on
Jan 29, 2007
Sold by
Verdugo Mario A
Bought by
Verdugo Mario and Verdugo Woody Carmen R
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
595 E 8Th Street Llc $460,000 Attorney
595 E 8Th Street Llc -- Attorney
Verdugo Mario -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 595 E 8Th Street Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/04/2019 12/04/19 Sold $460,000 -4.2% $359 / Sq Ft
09/04/2019 09/04/19 Price Changed $479,999 -3.6% $374 / Sq Ft
07/14/2019 07/14/19 Price Changed $498,000 -5.1% $388 / Sq Ft
06/07/2019 06/07/19 Price Changed $524,997 -4.4% $409 / Sq Ft
05/01/2019 05/01/19 Price Changed $549,000 -4.5% $428 / Sq Ft
04/04/2019 04/04/19 Price Changed $575,000 -4.0% $448 / Sq Ft
02/27/2019 02/27/19 For Sale $599,000 0.0% $467 / Sq Ft
12/05/2018 12/05/18 Rented $1,700 0.0% --
11/21/2018 11/21/18 Price Changed $1,700 -5.6% $1 / Sq Ft
11/13/2018 11/13/18 Price Changed $1,800 -10.0% $1 / Sq Ft
10/29/2018 10/29/18 For Rent $2,000 -- --
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 $3,955 $218,500 -- --
2024 $3,749 $208,301 -- --
2023 $3,749 $189,365 $0 $0
2022 $3,347 $172,150 $0 $0
2021 $3,016 $156,500 $0 $0
2020 $3,024 $156,450 $0 $0
2019 $2,582 $149,000 $0 $0
2018 $2,305 $138,018 $0 $0
2017 $2,110 $102,513 $0 $0
2016 $2,042 $93,194 $0 $0
2015 $1,981 $84,722 $0 $0
2014 $1,564 $77,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sharda Kunath

    Seller's Agent in 2019

    Sharda Kunath

    Coldwell Banker Realty

    (305) 490-3730

    29 Total Sales

    Sharda Kunath
    Section Image
  • GRACE CABRERA

    Seller Co-Listing Agent in 2019

    GRACE CABRERA

    Coldwell Banker Realty

    (305) 609-2529

    32 Total Sales

    GRACE CABRERA
    Section Image
  • Arturo Rodriguez

    Buyer's Agent in 2019

    Arturo Rodriguez

    Coldwell Banker Realty

    (305) 827-4251

    85 Total Sales

    Arturo Rodriguez
    Section Image
  • Juliet Restrepo

    Seller's Agent in 2018

    Juliet Restrepo

    Keller Williams Capital Realty

    (786) 317-6821

    52 Total Sales

    Juliet Restrepo
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10635791

MIAMI REALTORS® MLS

APN: 04-3117-025-0090

Florida Miami/Dade County Hialeah 33010 Hialeah Acres

595 E 8th St, Hialeah, FL

Not Listed for Sale

MultiFamily

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