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5500 Monroe Street

5500 Monroe Street, Hollywood, FL 33021
Property in Hollywood Hills
Sold Jul 18, 2023
$660,000
$627,000 by Cardinal Financial Company Lim
Mortgage Due Aug 01, 2053
Sold Jun 18, 1993
$127,500
$77,500 by Plaza Home Mtg Bk
Mortgage
5500 Monroe Street in Hollywood, FL was first built in 1964 and is 60 years old. Although, the building on the property was most recently renovated and altered in 1965. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5500 Monroe Street has 1,984 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 10,131 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a unknown on the property. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a garage. The garage is 500 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of concrete block. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. 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, 5500 Monroe Street sold most recently in Jun 28, 2023 for a total of $660,000. If you work out the math, that's approximately a cost of $257.01 per sqft. Before that, the property was also sold for $127,500 in Jun 17, 1993. 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 $3,285 in taxes each year. 5500 Monroe Street was most recently assessed in 2024. During this assessment, the property's total value was estimated to be about $619,440. If we break it down further, the land itself was valued at $60,790. Improvements to the property, however, were assessed at a total of $558,650. The property's total market value has been marked the same as the total assessed value which is pretty typical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1965
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Type: Built-in
  • Garage Type: Garage
  • Garage Square Area: 500
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,131
  • Lot Size Frontage Feet: 839
  • Total Building Area: 2,568
  • Gross Building Area: 2,568
  • Building Area: 1,984
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,984
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOLLYWOOD HILLS 6-22 B
  • Land Acres: 0.233
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOLLYWOOD HILLS 6-22 B LOT 40,41 E1/2 BLK 293

Ownership

  • Current Owner : RUBI LISANDRA
  • Previous Owner : MILLER ALFRED P
  • Previous Owner 2: JOINT BETTY
  • Owner Before Previous Owner: REENBERG SOREN
  • Owner Before Previous Owner 2: REENBERG NANCY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Broward County School District
  • Census Tract: 091701

Zoning

  • Zoning: RS-5

Geography

  • District: 0513
  • Parcel: 51-42-07-07-3260
  • Block: 293
  • Lot: 40,41
  • Meridian: SEC 07 TWN 51S RNG 42E
  • Municipality: HOLLYWOOD
  • Latitude: 26.0062
  • Longitude: -80.1985

    Address

  • Full Address: 5500 Monroe St
  • Address - House Number: 5500
  • Address - Street Name: Monroe
  • Address - Suffix Type: St
  • State: FL
  • City Name: Hollywood
  • Carrier Code: C022
  • 4-Digit Zip Code: 7144
  • Zip Code: 33021

Valuation

    Tax

  • Total Area: 2,262
  • Tax Year: 2023
  • Tax Amount: $3,285
  • Tax Rate Code Area: 0513

    Appraisal Valuation

  • Standard Deviation: 0.1821
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 759,166
  • High Value: 897,455
  • Low Value: 620,877

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $627,000
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY LIM
  • First Open Lien Mortgage Recording Date: Jul 18, 2023
  • First Open Lien Mortgage Loan Amount: $627,000
  • 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: Aug 01, 2053

    Market Valuation

  • Market Total Value: $619,440
  • Market Land Value: $60,790
  • Market Improvement Value: $558,650

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $619,440
  • Assessed Land Value: $60,790
  • Assessed Improvements Value: $558,650

    Sales

  • Current Sale Contract Date: Jun 28, 2023
  • Current Sale Recording Date: Jul 18, 2023
  • Current Sale Transaction ID: 11909412090
  • Current Sale Price: $660,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 118986474
  • Previous Sale Recording Date: Jun 18, 1993
  • Previous Sale Contract Date: Jun 17, 1993
  • Previous Sale Amount: $127,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CARDINAL FINANCIAL COMPANY LIM
  • First Mortgage Transaction Date: Jul 18, 2023
  • First Mortgage Loan Amount: $627,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: PLAZA HOME MTG BK
  • Previous Mortgage Transaction Date: Jun 18, 1993
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $77,500
  • Previous Mortgage Term: 360

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Frequently Asked Questions

What neighborhood is 5500 Monroe Street located in?
The 5500 Monroe Street is a located in the neighborhood of Hollywood Hills in Hollywood Hills, Hollywood.
What is the average sales price for listings in 5500 Monroe Street?
The average sales price for units in 5500 Monroe Street is $0 currently.

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