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2005 South Hibiscus Drive

2005 South Hibiscus Drive, Miami, FL 33181
Sold Apr 19, 2019
$527,500
$422,000 by Fairway Independent Mortgage C
Mortgage Due May 01, 2049
Sold Jul 02, 2014
$365,000
$292,000 by Bankunited Na
Mortgage Due Jul 01, 2044
Local assessors in Miami, FL have categorized 2005 South Hibiscus Drive as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 1980. The property's lot size has been calculated to be 10,881 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2005 South Hibiscus Drive has a total of 1,368 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. Lots of a combination of material were used in the construction of the exterior walls of the home. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2005 South Hibiscus Drive sold most recently in Apr 12, 2019 for a total of $527,500. If you work out the math, that's approximately a cost of $278.22 per sqft. Before that, the property was also sold for $365,000 in Jun 30, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,687 in taxes each year. 2005 South Hibiscus Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $479,968. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Covered Parking
Attached Garage

Driveway

Driveway
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Concrete block
  • Exterior Walls Type: Combination
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 10,881
  • Total Building Area: 1,896
  • Gross Building Area: 1,896
  • Building Area: 1,368
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,368
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KEYSTONE POINT
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KEYSTONE POINT SEC 2 PB 50-62 LOT 16 BLK 10 LOT SIZE SITE VALUE OR 18104-1984 0598 1

Ownership

  • Current Owner : JACOBS ERIC M
  • Current Owner 2: GAZMURI ANDREA
  • Previous Owner : QIAN JEFFERIES ALMOND
  • Previous Owner 2: QIAN WEN
  • Owner Before Previous Owner: LEDERMAN THEODORE W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: NORTH MIAMI
  • Census Tract: 000120

Zoning

  • Zoning: 0900

Geography

  • Assessors Map Reference: 93
  • District: 06
  • Parcel: 06-2228-008-0860
  • Block: 10
  • Lot: 16
  • Meridian: SEC 28 TWN 52S RNG 42E
  • Municipality: NORTH MIAMI
  • Latitude: 25.8935
  • Longitude: -80.1575

    Address

  • Full Address: 2005 S Hibiscus Dr
  • Address - House Number: 2005
  • Street Direction: S
  • Address - Street Name: Hibiscus
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: North Miami
  • Carrier Code: C067
  • 4-Digit Zip Code: 2344
  • Zip Code: 33181

Valuation

    Tax

  • Total Area: 1,584
  • Tax Year: 2023
  • Tax Amount: $10,687
  • Tax Rate Code Area: 600

    Appraisal Valuation

  • Standard Deviation: 0.1799
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 1,320,634
  • High Value: 1,558,241
  • Low Value: 1,083,026

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $853,200
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Apr 19, 2019
  • First Open Lien Mortgage Loan Amount: $422,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2049
  • Second Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • Second Open Lien Mortgage Recording Date: May 06, 2020
  • Second Open Lien Mortgage Loan Amount: $431,200
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Jun 01, 2050

    Market Valuation

  • Market Total Value: $1,046,823
  • Market Land Value: $897,682
  • Market Improvement Value: $149,141

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $479,968

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 12, 2019
  • Current Sale Recording Date: Apr 19, 2019
  • Current Sale Transaction ID: 11602836786
  • Current Sale Price: $527,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019R0242587
  • Previous Sale Recording Date: Jul 02, 2014
  • Previous Sale Contract Date: Jun 30, 2014
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Apr 19, 2019
  • First Mortgage Loan Amount: $422,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: BANKUNITED NA
  • Previous Mortgage Transaction Date: Jul 02, 2014
  • Previous Mortgage Loan Amount: $292,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2044

About North Miami



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$5,000 /mo

  • 2 Beds
  • 2.5 Baths
  • 2,215 ft²
Listing by Jamaile De Souza Reis
Unit for rent at

$4,900 /mo

  • 3 Beds
  • 3.5 Baths
  • 1,967 ft²
Listing by Mark Artounian

Frequently Asked Questions

What neighborhood is 2005 South Hibiscus Drive located in?
The 2005 South Hibiscus Drive is a house located in the neighborhood of Keystone Point in North Miami, Miami.
What is the average sales price for listings in 2005 South Hibiscus Drive?
The average sales price for units in 2005 South Hibiscus Drive is $0 currently.

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