$229,000
SOLD NOV 22, 2024

Terrace Condominiums 10400 SW 108th Ave Unit A408 Miami, FL 33176

1 Bed
1.5 Baths
725 Sq Ft
$328/mo HOA Fee

Recently Sold

$316 Per Sq Ft

8% Below List Price

78 Days on Market

Highlights

  • Main Floor Bedroom
  • Community Pool
  • Cooling Available
  • William H. Lehman Elementary School Rated A-
  • Balcony
  • Ceramic Tile Flooring

About This Home

As of November 2024

Excellent & convenient location, across from Miami-Dade Jr. College, Spacious apartment remodeled, with balcony, and a kitchen with stainless steel appliances , a comfortable-quite complex of condominiums with pool, tennis, jacuzzi, play ground, Management office on premises, walk to shopping center restaurants, and convenient stores, close to Dadeland mall, buses and highways. Plenty of guest parking. The condominium has reserves.

Last Agent to Sell the Property

Raiza Quiroga

Real Estate Empire Group, Inc. License #3323374 Listed on: 08/06/2024

Real Estate Empire Group, Inc.

Last Buyer's Agent

Luis Rivera

Keller Williams Realty International Lifestyles License #3283428

Keller Williams Realty International Lifestyles

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,426

Year Built

  • Built in 1971

HOA Fees

  • $328 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom

Home Security

Parking

  • 2 Car Parking Spaces
  • Assigned Parking

Schools

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

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Balcony
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 30-50-07-063-0320

Community Details

Overview

  • Low-Rise Condominium
  • The Terraces Condo Ph Ii Condos
  • The Terraces Condo Ph Ii Subdivision

Recreation

  • Tennis Courts

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,426

Year Built

Built in 1971

Lot Details

0

HOA Fees

$328 per month

Listing Details

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

Interior Features

  • Appliances: Electric Water Heater, Microwave, Refrigerator
  • Interior Amenities: Third Floor Entry, Elevator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 725
  • Possible Use: Unknown/Withheld
  • Stories: 4
  • Bedroom Features: At Least 1 Bedroom Ground Level

Exterior Features

  • View: None
  • Exterior Features: East Of Us1, Open Balcony, Other, Tennis Court(s)
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: THE TERRACES CONDO PH II
  • Parking Features: 2 Or More Spaces, Assigned

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Alarm, Other

Condo/Co-op/Association

  • Association Fee: 328
  • Amenities: Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

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

Lot Info

  • Parcel Number: 30-50-07-063-0320
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 2426

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2024
Closed on
Nov 22, 2024
Sold by
Jrm Deluxe Llc
Bought by
Garcia Maikel
Seller's Agent
Raiza Quiroga
Real Estate Empire Group, Inc.
Buyer's Agent
Luis Rivera
Keller Williams Realty International Lifestyles
List Price
$250,000
Sold Price
$229,000
Premium/Discount to List
-$21,000
-8.4%
Total Days on Market
78
Views
26
Current Estimated Value
$231,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,636
Avg. Annual Appreciation
2.06%
Original Mortgage
$183,200
Outstanding Balance
$182,524
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$49,112

Purchase Details

Listed on
Aug 29, 2017
Closed on
Oct 13, 2017
Sold by
Wolfson Marilyn L
Bought by
Jrm Delux Llc
Seller's Agent
Rey Labrada
MMLS Assoc.-Inactive Member
Buyer's Agent
Armando Barrera
Outclass Realty, LLC.
List Price
$139,000
Sold Price
$132,000
Premium/Discount to List
-$7,000
-5.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.04%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $229,000 Near North Title Group
Warranty Deed $229,000 Near North Title Group
Warranty Deed $132,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $183,200 New Conventional
Closed $183,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2024 11/22/24 Sold $229,000 -2.6% $316 / Sq Ft
10/23/2024 10/23/24 Pending -- -- --
10/14/2024 10/14/24 Price Changed $235,000 -6.0% $324 / Sq Ft
10/04/2024 10/04/24 For Sale $250,000 +9.2% $345 / Sq Ft
09/30/2024 09/30/24 Off Market $229,000 -- --
09/10/2024 09/10/24 For Sale $250,000 +9.2% $345 / Sq Ft
09/08/2024 09/08/24 Off Market $229,000 -- --
08/12/2024 08/12/24 For Sale $260,000 +13.5% $359 / Sq Ft
08/11/2024 08/11/24 Off Market $229,000 -- --
08/06/2024 08/06/24 For Sale $260,000 0.0% $359 / Sq Ft
02/01/2021 02/01/21 Rented $1,300 -3.7% --
01/25/2021 01/25/21 Under Contract -- -- --
01/15/2021 01/15/21 For Rent $1,350 0.0% --
01/13/2021 01/13/21 Off Market $1,350 -- --
01/08/2021 01/08/21 For Rent $1,350 +8.0% --
01/15/2019 01/15/19 Rented $1,250 0.0% --
12/18/2018 12/18/18 Price Changed $1,250 -3.8% $2 / Sq Ft
11/27/2018 11/27/18 Price Changed $1,299 -2.0% $2 / Sq Ft
11/24/2018 11/24/18 For Rent $1,325 +10.4% --
01/02/2018 01/02/18 Rented $1,200 0.0% --
12/05/2017 12/05/17 Price Changed $1,200 -4.0% $2 / Sq Ft
11/20/2017 11/20/17 Price Changed $1,250 -3.8% $2 / Sq Ft
11/08/2017 11/08/17 For Rent $1,300 0.0% --
10/13/2017 10/13/17 Sold $132,000 -5.0% $182 / Sq Ft
09/22/2017 09/22/17 Pending -- -- --
08/29/2017 08/29/17 For Sale $139,000 -- $192 / 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
2024 $2,426 $142,840 -- --
2023 $2,426 $129,855 $0 $0
2022 $2,121 $118,050 $0 $0
2021 $1,923 $107,319 $0 $0
2020 $1,723 $97,563 $0 $0
2019 $1,781 $100,580 $0 $0
2018 $1,847 $107,000 $0 $0
2017 $1,347 $67,669 $0 $0
2016 $1,228 $61,518 $0 $0
2015 $1,142 $55,926 $0 $0
2014 $1,041 $50,842 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11636290

MIAMI REALTORS® MLS

APN: 30-5007-063-0320