NOT LISTED FOR SALE

Royal Palms Condos 7400 W 20th Ave Unit 220 Hialeah, FL 33016

Estimated Value: $224,265 - $246,000

2 Beds
2 Baths
840 Sq Ft
1987 Built

Last Sold May 20, 2019

Last sale price $145,000 $173 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,502/month

Highlights

  • In Ground Pool
  • No HOA
  • 2 Car Garage
  • Barbara Goleman Senior High School Rated A-
  • Card or Code Access
  • South Facing Home

About This Home

As of August 2020

Bright and spacious condo in high rental demand area of Hialeah. 2 master bedrooms with bathroom and walk-in closets. Split bedroom plan with central common areas, well kept kitchen with plenty if cabinets, new appliances, remodeled floor and bathrooms, tankless water heater. Laundry room in every floor, pool area. 2 ASSIGNED parking spaces. Complex located conveniently close to the Palmetto Expressway, Turnpike, Palmetto Hospital, Westland mall shopping centers and restaurants.

Last Agent to Rent the Property

Raul Alvarez

My Realty Group, LLC. License #3376930 Listed on: 07/02/2020

My Realty Group, LLC.

Last Renter's Agent

Raul Alvarez

My Realty Group, LLC. License #3376930 Listed on: 07/02/2020

My Realty Group, LLC.

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,181

Year Built

  • Built in 1987

Parking

  • 2 Car Garage
  • Assigned Parking

Interior Spaces

  • 840 Sq Ft Home
  • Blinds

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • In Ground Pool
  • South Facing Home

Listing and Financial Details

  • Property Available on 7/2/20
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 04-20-27-078-0590

Community Details

Overview

  • No Home Owners Association
  • Royal Palms Condo
  • Royal Palms Condo Subdivision

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,181

Year Built

Built in 1987

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Maximum 20 Lbs
  • Available Date: 2020-07-02
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1987
  • Property Sub Type: Condominium
  • Garage Yn: Yes
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: ROYAL PALMS CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Furnished: Unfurnished
  • Living Area: 840
  • Window Features: Blinds

Exterior Features

  • Direction Faces: South
  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: ROYAL PALMS CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Spaces, Assigned

Utilities

  • Security: Key Card Entry

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 04-20-27-078-0590
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4600
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2018
Closed on
May 20, 2019
Sold by
Cabrera Xiomara
Bought by
Rodriguez Yurai Nunez and Kuo Minching
Seller's Agent
Ana Valladares
Florida Realty of Miami Corp
Buyer's Agent
Raul Alvarez
My Realty Group, LLC.
List Price
$170,000
Sold Price
$145,000
Premium/Discount to List
-$25,000
-14.71%
Current Estimated Value
$235,316

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,316
Avg. Annual Appreciation
7.76%
Original Mortgage
$101,500
Outstanding Balance
$89,058
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$146,258

Purchase Details

Closed on
Jan 2, 2011
Sold by
Vale Ernesto and Vale Magalys
Bought by
Vale Magalys

Purchase Details

Closed on
Feb 15, 1996
Sold by
Southwest Properties I Inc
Bought by
Vale Ernesto and Vale Magalys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,550
Interest Rate
6.99%
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
Rodriguez Yurai Nunez $145,000 Attorney
Vale Magalys -- None Available
Vale Ernesto $57,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Yurai Nunez $101,500
Previous Owner Vale Ernesto $56,100
Previous Owner Vale Ernesto $56,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/27/2020 08/27/20 Rented $1,500 +3.4% --
08/12/2020 08/12/20 Under Contract -- -- --
07/29/2020 07/29/20 Price Changed $1,450 -3.3% $2 / Sq Ft
07/02/2020 07/02/20 For Rent $1,500 0.0% --
08/01/2019 08/01/19 Rented $1,500 0.0% --
07/18/2019 07/18/19 Under Contract -- -- --
06/11/2019 06/11/19 For Rent $1,500 0.0% --
05/20/2019 05/20/19 Sold $145,000 -6.4% $173 / Sq Ft View Prior Sale
04/05/2019 04/05/19 Pending -- -- --
02/12/2019 02/12/19 Price Changed $154,900 -3.1% $184 / Sq Ft
12/11/2018 12/11/18 Price Changed $159,900 -5.9% $190 / Sq Ft
11/10/2018 11/10/18 For Sale $170,000 -- $202 / 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 $3,181 $179,685 -- --
2024 $2,941 $163,350 -- --
2023 $2,941 $148,500 $0 $0
2022 $2,532 $135,000 $0 $0
2021 $2,506 $130,000 $0 $0
2020 $2,352 $121,700 $0 $0
2019 $2,357 $121,673 $0 $0
2018 $2,304 $121,673 $0 $0
2017 $329 $42,147 $0 $0
2016 $318 $41,281 $0 $0
2015 $319 $40,995 $0 $0
2014 $318 $40,670 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Raul Alvarez

    Landlord's Agent in 2020

    Raul Alvarez

    My Realty Group, LLC.

    (786) 356-5020

    1 in this area

    30 Total Sales

    Raul Alvarez
    Section Image
  • Ana Valladares

    Seller's Agent in 2019

    Ana Valladares

    Florida Realty of Miami

    (305) 525-0120

    1 in this area

    32 Total Sales

    Ana Valladares
    Section Image
  • Miguel Marino

    Buyer's Agent in 2019

    Miguel Marino

    Cespedes Realty LLC

    (954) 866-9787

    2 in this area

    4 Total Sales

    Miguel Marino
    Section Image
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About Royal Palms Condos

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10886318

MIAMI REALTORS® MLS

APN: 04-2027-078-0590

Florida Miami/Dade County Hialeah 33016

7400 W 20th Ave Unit 220, Hialeah, FL

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