NOT LISTED FOR SALE

Royal Palms Condos 7400 W 20th Ave Unit 127 Hialeah, FL 33016

Estimated Value: $226,535 - $243,000

2 Beds
2 Baths
830 Sq Ft
$185/mo HOA Fee

Last Sold July 31, 2020

Last sale price $170,000 $205 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,580/month

10 Days on Market

Highlights

  • Community Pool
  • Elevator
  • Security Service
  • Barbara Goleman Senior High School Rated A-
  • Views
  • Tile Flooring

About This Home

As of July 2020

Enjoy this luxurious 2 BED / 2 BATH unit in Royal Palm. This condo features, sophisticated details and premium finishes, french glass door, new flooring, updated open kitchen with granite counter tops and plenty cabinetry. Crown molding in living area. Bathrooms are beautifully remodeled. Bright and spacious master bedroom with built in walk-in closet. Washer and Dryer in the unit. Two assigned parking spaces located next to the property + visitor/guest parking. Low monthly maintenance includes, insurance, water. Great location close to expressways, Palmetto Hospital, Shopping centers. This unit is a gem! Hurry, it will not last.

Last Agent to Sell the Property

Adelina Palacios

Coldwell Banker Realty License #3168328 Listed on: 05/22/2020

Coldwell Banker Realty

Last Buyer's Agent

Marlene Hernandez

Nova Realty Group, Inc. License #547355

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $359

Year Built

  • Built in 1987

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 830 Sq Ft Home
  • 4-Story Property
  • Tile Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Palm Lakes Elementary School
  • Miami Lakes Middle School
  • Goleman Barbara High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 04-20-27-078-0860

Community Details

Overview

  • Low-Rise Condominium
  • Royal Palms Condo
  • Royal Palms Condo Subdivision

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Security Service
  • Complex Is Fenced
  • Walled

Property Details

Home Type

Condominium

Est. Annual Taxes

$359

Year Built

Built in 1987

Lot Details

0

HOA Fees

$185 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: ROYAL PALMS CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 830
  • Possible Use: Unknown/Withheld
  • Stories: 4
  • Window Features: Hurricane Shutters
  • Bedroom Features: Entry Level, Other

Exterior Features

  • View: Other View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: ROYAL PALMS CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Guest

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Complex Fenced, Other, Security Patrol, Walled

Condo/Co-op/Association

  • Association Fee: 185
  • Amenities: Elevator(s), Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Palm Lakes
  • High School: Goleman Barbara
  • Middle Or Junior School: Miami Lakes

Lot Info

  • Parcel Number: 04-20-27-078-0860
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 359

Multi Family

  • Maintenance Expense: 185

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Jul 28, 2020
Sold by
Lamadrid Roberto
Bought by
Diaz Odalis Ruiz Sanchez
Seller's Agent
Adelina Palacios
Coldwell Banker Realty
Buyer's Agent
Marlene Hernandez
Nova Realty Group, Inc.
List Price
$169,900
Sold Price
$170,000
Premium/Discount to List
$100
0.06%
Current Estimated Value
$235,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,384
Avg. Annual Appreciation
6.39%
Original Mortgage
$120,000
Outstanding Balance
$106,645
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$128,739

Purchase Details

Closed on
Sep 10, 2019
Sold by
Lamadrid Roberto
Bought by
Lamadrid Roberto and Ranzola Ernesto

Purchase Details

Closed on
Jan 11, 1996
Sold by
Southwest Properties I Inc
Bought by
Lamadrid Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,600
Interest Rate
7.29%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Diaz Odalis Ruiz Sanchez $170,000 Attorney
Lamadrid Roberto -- Attorney
Lamadrid Roberto $55,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diaz Odalis Ruiz Sanchez $120,000
Previous Owner Lamadrid Roberto $54,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2020 07/31/20 Sold $170,000 +0.1% $205 / Sq Ft
05/22/2020 05/22/20 For Sale $169,900 -- $205 / 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 $1,883 $146,173 -- --
2024 $1,818 $142,054 -- --
2023 $1,818 $137,917 $0 $0
2022 $1,739 $133,900 $0 $0
2021 $1,717 $130,000 $0 $0
2020 $377 $44,515 $0 $0
2019 $359 $43,515 $0 $0
2018 $335 $42,704 $0 $0
2017 $323 $41,826 $0 $0
2016 $312 $40,966 $0 $0
2015 $312 $40,682 $0 $0
2014 $312 $40,360 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Adelina Palacios

    Seller's Agent in 2020

    Adelina Palacios

    Coldwell Banker Realty

    (305) 519-6816

    1 in this area

    32 Total Sales

    Adelina Palacios
    Section Image
  • Marlene Hernandez

    Buyer's Agent in 2020

    Marlene Hernandez

    Nova Realty Group, Inc.

    (305) 498-3775

    1 in this area

    47 Total Sales

    Marlene Hernandez
    Section Image
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About Royal Palms Condos

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10863586

MIAMI REALTORS® MLS

APN: 04-2027-078-0860

Florida Miami/Dade County Hialeah 33016

7400 W 20th Ave Unit 127, Hialeah, FL

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