NOT LISTED FOR SALE

Terrace Condominiums 10400 SW 108th Ave Unit A214 Miami, FL 33176

Estimated Value: $215,847 - $229,000

1 Bed
1.5 Baths
725 Sq Ft
$242/mo HOA Fee

Last Sold December 19, 2017

Last sale price $125,000 $172 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,639/month

37 Days on Market

Highlights

  • Community Pool
  • Tennis Courts
  • Tile Flooring
  • William H. Lehman Elementary School Rated A-
  • Balcony
  • Central Heating and Cooling System

About This Home

As of December 2017

Very nice unit at an excellent location in east Kendall. Just across the street from Miami Dade college south campus, walking distance to restaurants, public transportation and inmediate access to the ramps to connect to the Turnpike and Palmetto. Both bathrooms were just upgraded, freshly painted and ready to move in. Priced as a similar unit that sold last month at the same price. Ideal for a starter property or an investor.

Last Agent to Sell the Property

Adolfo Lopez

Luna International Realty, Inc License #3024847 Listed on: 10/23/2017

Last Buyer's Agent

Arnaldo Soler

Florida Realty of Miami Corp License #3205235

Florida Realty of Miami Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,193

Year Built

  • Built in 1971

HOA Fees

  • $242 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 725 Sq Ft Home
  • 4-Story Property
  • Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Schools

  • Lehman; William H. Elementary School
  • Arvida Middle School
  • Killian Senior High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • West Facing Home

Listing and Financial Details

  • Assessor Parcel Number 30-50-07-063-0540

Community Details

Overview

  • 270 Units
  • Low-Rise Condominium
  • The Terraces Condos
  • The Terraces Condo Ph II Subdivision

Recreation

Pet Policy

  • No Pets Allowed

Building Details

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,193

Year Built

Built in 1971

Lot Details

0

HOA Fees

$242 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Property Sub Type: Condominium
  • Entry Level: 2
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: THE TERRACES CONDO PH II
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Electric Water Heater, Electric Range, Refrigerator
  • Interior Amenities: Elevator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 725
  • Possible Use: Investment
  • Stories: 4
  • Bedroom Features: Other

Exterior Features

  • View: None
  • Exterior Features: None, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: The Terraces
  • Parking Features: Other

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: No Security

Condo/Co-op/Association

  • Association Fee: 242
  • Amenities: Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Lehman; William H.
  • High School: Killian Senior
  • Middle Or Junior School: Arvida

Lot Info

  • Parcel Number: 30-50-07-063-0540
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No

Multi Family

  • Maintenance Expense: 242
  • Number Of Units In Community: 270

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1193

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 4, 2019
Sold by
Pena Miriam
Bought by
Pena Miriam and Rodriguez Grisel E
Current Estimated Value
$220,712

Purchase Details

Listed on
Oct 23, 2017
Closed on
Dec 19, 2017
Sold by
Lopez Maria A and Castillo Graciela
Bought by
Pena Miriam B
Seller's Agent
Adolfo Lopez
Luna International Realty, Inc
Buyer's Agent
Arnaldo Soler
Florida Realty of Miami Corp
List Price
$132,000
Sold Price
$125,000
Premium/Discount to List
-$7,000
-5.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%

Purchase Details

Closed on
Jun 1, 2004
Sold by
Lopez Maria A
Bought by
Lopez Maria A and Castillo Graciela De Carmen

Purchase Details

Closed on
Jul 10, 2003
Sold by
Valencia Carlos G
Bought by
Lopez Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,900
Interest Rate
5.17%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 27, 1995
Sold by
Desai Kapil S and Desai Ila K
Bought by
Valencia Carlos G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,400
Interest Rate
9.21%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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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
Pena Miriam -- Title Sln Of South Fl Inc
Pena Miriam B $125,000 Title Solutions Of South Flo
Lopez Maria A -- --
Lopez Maria A $91,000 --
Valencia Carlos G $41,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lopez Maria A $81,900
Previous Owner Valencia Carlos G $40,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2017 12/19/17 Sold $125,000 -5.3% $172 / Sq Ft
10/23/2017 10/23/17 For Sale $132,000 0.0% $182 / Sq Ft
03/14/2014 03/14/14 Rented $950 0.0% --
02/12/2014 02/12/14 Under Contract -- -- --
06/08/2012 06/08/12 Rented $950 -5.0% --
05/09/2012 05/09/12 Under Contract -- -- --
04/12/2012 04/12/12 For Rent $1,000 +14.3% --
07/17/2009 07/17/09 For Rent $875 -- --
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 $2,658 $155,655 -- --
2024 $2,413 $141,505 -- --
2023 $2,413 $128,641 $0 $0
2022 $2,109 $116,947 $0 $0
2021 $1,912 $106,316 $0 $0
2020 $1,707 $96,651 $0 $0
2019 $1,764 $99,640 $0 $0
2018 $1,830 $106,000 $0 $0
2017 $1,308 $65,752 $0 $0
2016 $1,193 $59,775 $0 $0
2015 $1,109 $54,341 $0 $0
2014 $1,011 $49,401 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10360781

MIAMI REALTORS® MLS

APN: 30-5007-063-0540