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342 East 8th Street

342 East 8th Street, Hialeah, FL 33010
Multifamily in Hialeah Acres
Sold Sep 24, 2019
$435,000
$1,035,000 by Velocity Commercial Capital Ll
Mortgage Due Jan 01, 2052
Local assessors in Hialeah, FL have categorized 342 East 8th Street as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 3,375 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 250 ft. 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 342 East 8th Street has a total of 1,224 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. 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. The building has a gable or hip style roof that was made of tile. Lots of a material which is produced from two or more constituent materials were used in the construction of the exterior walls of the home. As for flooring, was the material of choice during construction. 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, 342 East 8th Street sold most recently in Sep 3, 2019 for a total of $435,000. If you work out the math, that's approximately a cost of $355.39 per sqft. 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 $4,722 in taxes each year. 342 East 8th Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $250,444. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

Exterior

Block Exterior
Brick Exterior
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Concrete block
  • Exterior Walls Type: Composition
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Covered
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,375
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,224
  • Gross Building Area: 1,224
  • Building Area: 1,224
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,224
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HIALEAH 4TH ADDN
  • Land Acres: 0.078
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HIALEAH 4TH ADDN PB 7-83 UNDIV 1/2 INT IN LOT 6 BLK 97 LOT SIZE 25.00 X 135

Ownership

  • Current Owner : BLANCO FAMILY HOLDINGS II LLC
  • Previous Owner : GUILLEN MARIA DEL CARMEN
  • Previous Owner 2: GUILLEN FRANSISCO
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Dade County School District
  • School Tax School District: HIALEAH
  • Census Tract: 001606

Zoning

  • Zoning: 3900

Geography

  • Assessors Map Reference: 145
  • District: 04
  • Parcel: 04-3118-006-1051
  • Block: 97
  • Lot: 6
  • Meridian: SEC 18 TWN 53S RNG 41E
  • Municipality: HIALEAH
  • Latitude: 25.829
  • Longitude: -80.2747

    Address

  • Full Address: 342 E 8th St
  • Address - House Number: 342
  • Street Direction: E
  • Address - Street Name: 8th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Hialeah
  • Carrier Code: C022
  • 4-Digit Zip Code: 4420
  • Zip Code: 33010

Valuation

    Tax

  • Total Area: 1,224
  • Tax Year: 2023
  • Tax Amount: $4,722
  • Tax Rate Code Area: 400

    Appraisal Valuation

  • Standard Deviation: 0.1354
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 84
  • Final Value: 346,684
  • High Value: 393,654
  • Low Value: 299,714

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,035,000
  • First Open Lien Mortgage Lender: VELOCITY COMMERCIAL CAPITAL LL
  • First Open Lien Mortgage Recording Date: Dec 22, 2021
  • First Open Lien Mortgage Loan Amount: $1,035,000
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $253,697
  • Market Land Value: $138,375
  • Market Improvement Value: $115,322

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $250,444

    Sales

  • Current Sale Contract Date: Sep 03, 2019
  • Current Sale Recording Date: Sep 24, 2019
  • Current Sale Transaction ID: 11659610623
  • Current Sale Price: $435,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019R0596387

    Last Sale Mortgage

  • First Mortgage Lender: EXECUTIVE NATIONAL BANK
  • First Mortgage Transaction Date: Sep 24, 2019
  • First Mortgage Loan Amount: $330,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Hialeah



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Frequently Asked Questions

What neighborhood is 342 East 8th Street located in?
The 342 East 8th Street is a multifamily located in the neighborhood of Hialeah Acres in Hialeah, Hialeah.
What is the average sales price for listings in 342 East 8th Street?
The average sales price for units in 342 East 8th Street is $0 currently.

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