NOT LISTED FOR SALE

985 SE 5th St Hialeah, FL 33010

Essex Village Neighborhood

Estimated Value: $578,623 - $642,000

4 Beds
2 Baths
1,300 Sq Ft
$471/Sq Ft Est. Value

Last Sold July 14, 2016

Last sale price $253,000 $195 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $3,882/month

50 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Terrazzo Flooring

About This Home

As of July 2016

Legal Duplex in Hialeah with 4 bedrooms 2 baths (2 bedrooms 1 bath in each unit). Regular Sale. Tenant Occupied; do not trespass; do not disturb tenants. BY APPOINTMENT ONLY. Living Area 1348 Lot 6000. Each unit is rented for $900 monthly.

Last Agent to Sell the Property

Annemarie Daruna

RD Realty Group, Inc. License #3232188 Listed on: 05/16/2016

Last Buyer's Agent

Patricia Garcia

Equity Real Property and Mgt. License #3251207

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,211

Year Built

  • Built in 1963

Lot Details

  • 6,011

Parking

  • 4 Parking Spaces

Home Design

  • Duplex
  • Barrel Roof Shape
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Frank Tolin Sub Condos
  • Frank Tolin Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 04-31-20-042-0090

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,211

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1963
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Horses: No
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: Frank Tolin Sub
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Terrazzo
  • Living Area: 1300
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Barrel Roof
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: Frank Tolin Sub
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 04-31-20-042-0090
  • Zoning: R-2
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2211

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2023
Sold by
Socarras Jorge
Bought by
Home Solution Land Trust
Current Estimated Value
$612,156

Purchase Details

Listed on
May 16, 2016
Closed on
Jul 14, 2016
Sold by
Horsebit Acquisitions Llc
Bought by
Socarras Jorge A
Seller's Agent
Annemarie Daruna
RD Realty Group, Inc.
Buyer's Agent
Patricia Garcia
Equity Real Property and Mgt.
List Price
$294,900
Sold Price
$253,000
Premium/Discount to List
-$41,900
-14.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.85%

Purchase Details

Closed on
May 11, 2016
Sold by
Fast Break Holdings Llc
Bought by
Horsebit Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.59%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 29, 2014
Sold by
Trinity Home Development Llc
Bought by
Fast Break Holdings Llc

Purchase Details

Closed on
Nov 28, 2014
Sold by
Blanco Enrique and Blanco Mercedes A
Bought by
Trinity Home Development Llc
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
Home Solution Land Trust -- None Listed On Document
Socarras Jorge A $253,000 Hemisphere Title Company
Horsebit Acquisitions Llc $180,000 Attorney
Fast Break Holdings Llc -- Attorney
Trinity Home Development Llc $145,000 South Coast Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horsebit Acquisitions Llc $180,000
Previous Owner Blanco Enrique $198,000
Previous Owner Blanco Enrique $125,000
Previous Owner Blanco Enrique $102,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2016 07/14/16 Sold $253,000 -4.5% $195 / Sq Ft
07/05/2016 07/05/16 Pending -- -- --
06/19/2016 06/19/16 Price Changed $264,900 -10.2% $204 / Sq Ft
05/16/2016 05/16/16 For Sale $294,900 -- $227 / 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 $6,560 $327,027 -- --
2024 $5,646 $297,298 $314,695 $135,798
2023 $5,646 $269,537 $0 $0
2022 $4,824 $245,034 $0 $0
2021 $4,294 $222,759 $128,822 $93,937
2020 $4,270 $220,972 $127,033 $93,939
2019 $4,086 $214,839 $120,899 $93,940
2018 $3,622 $194,318 $109,908 $84,410
2017 $3,305 $172,366 $0 $0
2016 $2,572 $122,098 $0 $0
2015 $2,211 $110,999 $0 $0
2014 $1,933 $95,157 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Annemarie Daruna

    Seller's Agent in 2016

    Annemarie Daruna

    RD Realty Group, Inc.

    (305) 213-9788

    42 Total Sales

    Annemarie Daruna
    Section Image
  • Patricia Garcia

    Buyer's Agent in 2016

    Patricia Garcia

    Equity Real Property and Mgt.

    (305) 298-2352

    69 Total Sales

    Patricia Garcia
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10083923

MIAMI REALTORS® MLS

APN: 04-3120-042-0090

Florida Miami/Dade County Hialeah 33010 Essex Village

985 SE 5th St, Hialeah, FL

This home is located at 985 SE 5th St, Hialeah, FL 33010 since 16 May 2016 and is currently estimated at $612,156, approximately $470 per square foot. This property was built in 1963. 985 SE 5th St is a home located in Miami-Dade County with nearby schools including Lorah Park Elementary School, Miami Springs Middle School, and Miami Springs 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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