NOT LISTED FOR SALE

Royal Palms Condos 7400 W 20th Ave Unit 305 Hialeah, FL 33016

Estimated Value: $144,000 - $202,000

1 Bed
1 Bath
570 Sq Ft
$144/mo HOA Fee

Last Sold July 20, 2021

Last sale price $120,000 $211 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,291/month

12 Days on Market

Highlights

  • Community Pool
  • Closet Cabinetry
  • Views
  • Barbara Goleman Senior High School Rated A-
  • Courtyard
  • Card or Code Access

About This Home

As of July 2021

INVESTOR SPECIAL! Units in this building can be leased year long! Perfectly situated in the heart of Hialeah, this gated community is located off the palmetto expressway directly behind Palmetto Hospital with easy access to I75, Westland Mall, Palmetto Hospital, restaurants, grocery stores and schools! Not to mention the building is projected to have a full renovation so it's your chance to own before price values change! Don't miss your chance to own gold right here in the heart of Hialeah, "La ciudad que progresa!"

Last Agent to Sell the Property

Camilo Barraza

United Realty Group Inc. License #3354148 Listed on: 05/22/2021

United Realty Group Inc.

Last Buyer's Agent

Pablo Iojes

Universal USA Realty LLC License #3469234

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $186

Year Built

  • Built in 1987

HOA Fees

  • $144 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 570 Sq Ft Home
  • 4-Story Property
  • Ceiling Fan
  • Blinds
  • Carpet
  • Property Views

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Courtyard
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 04-20-27-078-0080

Community Details

Overview

  • Royal Palms Condo
  • Royal Palms Condo Subdivision

Amenities

  • Trash Chute
  • Laundry Facilities
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Card or Code Access
  • Phone Entry
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$186

Year Built

Built in 1987

Lot Details

0

HOA Fees

$144 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1987
  • Property Sub Type: Condominium
  • Entry Level: 3
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ 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: Electric Water Heater
  • Interior Amenities: Closet Cabinetry, Elevator, Pantry, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Other
  • Furnished: Unfurnished
  • Living Area: 570
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 4
  • Window Features: Blinds
  • Bedroom Features: Entry Level

Exterior Features

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

Garage/Parking

  • Park Building Name: ROYAL PALMS CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Assigned

Utilities

  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Card Entry, Phone Entry

Condo/Co-op/Association

  • Association Fee: 144
  • Amenities: Laundry, Elevator(s), Exterior Lighting, Other, Pool, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 04-20-27-078-0080
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 186

Multi Family

  • Maintenance Expense: 144

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2021
Closed on
Jul 8, 2021
Sold by
Calderon Orlando Alfaro
Bought by
Nitgaber Llc
Seller's Agent
Camilo Barraza
United Realty Group Inc.
Buyer's Agent
Pablo Iojes
Universal USA Realty LLC
List Price
$115,000
Sold Price
$120,000
Premium/Discount to List
$5,000
4.35%
Current Estimated Value
$177,168

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,168
Avg. Annual Appreciation
9.55%

Purchase Details

Listed on
May 22, 2021
Closed on
Jul 7, 2021
Sold by
Calderon Maria Alfaro
Bought by
Nitgaber Llc
Seller's Agent
Camilo Barraza
United Realty Group Inc.
Buyer's Agent
Pablo Iojes
Universal USA Realty LLC
List Price
$115,000
Sold Price
$120,000
Premium/Discount to List
$5,000
4.35%

Purchase Details

Closed on
Mar 26, 1996
Sold by
Southwest Properties I Inc
Bought by
Alfaro Magali

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
6.97%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Nitgaber Llc -- Market Title Llc
Nitgaber Llc -- Market Title Llc
Nitgaber Llc $120,000 Market Title Llc
Alfaro Magali $49,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alfaro Magali $47,850
Previous Owner Alfaro Magali $48,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2021 07/20/21 Sold $120,000 +4.3% $211 / Sq Ft
05/22/2021 05/22/21 For Sale $115,000 -- $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 $2,583 $143,748 -- --
2024 $2,389 $130,680 -- --
2023 $2,389 $118,800 $0 $0
2022 $2,026 $108,000 $0 $0
2021 $2,082 $108,000 $0 $0
2020 $186 $34,634 $0 $0
2019 $172 $33,856 $0 $0
2018 $156 $33,225 $0 $0
2017 $145 $32,542 $0 $0
2016 $134 $31,873 $0 $0
2015 $132 $31,652 $0 $0
2014 $130 $31,401 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11036061

MIAMI REALTORS® MLS

APN: 04-2027-078-0080