Seller's Agent in 2025
Alex Solares
P.U.R.E. Investments, Inc.
(305) 648-3838
14 in this area
41 Total Sales
1
Bed
1.5
Baths
725
Sq Ft
$329/mo
HOA Fee
Highlights
- Newly Remodeled
- Community Pool
- Bathtub
- William H. Lehman Elementary School Rated A-
- Clear Impact Glass
- Views
About This Home
As of March 2025Renovated 1 Bedroom 1.5 Bath Condo at The Terraces. Open and spacious layout. Kitchen features Samsung S.S. Appliances and Granite Countertops. A/C is less than a year old. Water heater less than 5 years old. Unit has wood laminate flooring and tiled in Foyer, Kitchen and Bathroom Areas, Impact Windows and Doors and large covered balcony. Freshly painted and in turn-key condition. Association has Reserves and No Special Assessments. Community has on site property manager office located by the pool and recreational areas. Located blocks from MDCC. Walking distance to restaurant, shopping and public transit.
Last Agent to Sell the Property
P.U.R.E. Investments, Inc. License #3058587 Listed on: 01/07/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,737
Year Built
- Built in 1971 | Newly Remodeled
HOA Fees
- $329 Monthly HOA Fees
Home Design
- Entry on the 3rd floor
- Concrete Block And Stucco Construction
Interior Spaces
- 725 Sq Ft Home
- 4-Story Property
- Family or Dining Combination
- Tile Flooring
- Video Cameras
- Property Views
Kitchen
- Electric Range
- Microwave
Bedrooms and Bathrooms
- 1 Bedroom
- Bathtub and Shower Combination in Primary Bathroom
- Bathtub
Parking
- 1 Car Parking Space
- Guest Parking
- Assigned Parking
Accessible Home Design
- Accessible Elevator Installed
Utilities
- Central Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Assessor Parcel Number 30-50-07-063-2550
Community Details
Overview
- Low-Rise Condominium
- The Terraces Condos
- The Terraces Condo Ph II Subdivision
- The community has rules related to no recreational vehicles or boats, no trucks or trailers
Recreation
- Tennis Courts
- Community Pool
Pet Policy
- Pets Allowed
- Pet Size Limit
Security
- Clear Impact Glass
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 7, 2025
Closed on
Mar 20, 2025
Sold by
Hrv Acquisitions Four Llc
Bought by
Mercado Elsie
Seller's Agent
Alex Solares
P.U.R.E. Investments, Inc.
Buyer's Agent
Mercedes Porraspita
Florida Realty of Miami Corp
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Views
15
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,466
Avg. Annual Appreciation
-2.02%
Original Mortgage
$157,500
Outstanding Balance
$156,676
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$65,858
Purchase Details
Closed on
Nov 25, 2020
Sold by
Arroyave Oscar and Oscar Arroyave Esquire Trust
Bought by
Hrv Acquisitions Four Llc
Purchase Details
Closed on
Jul 12, 2017
Sold by
Arroyave Victoria M
Bought by
Arroyave Oscar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,000
Interest Rate
3.94%
Mortgage Type
Balloon
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $225,000 | None Listed On Document | |
| Warranty Deed | $225,000 | None Listed On Document | |
| Warranty Deed | $151,000 | Attorney | |
| Warranty Deed | $71,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $157,500 | New Conventional | |
| Closed | $157,500 | New Conventional | |
| Previous Owner | $21,000 | Balloon |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/21/2025 03/21/25 | Sold | $225,000 | -2.2% | $310 / Sq Ft |
| 01/22/2025 01/22/25 | Price Changed | $230,000 | -2.1% | $317 / Sq Ft |
| 01/07/2025 01/07/25 | For Sale | $235,000 | -- | $324 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $2,737 | $164,125 | -- | -- |
| 2024 | $2,486 | $149,205 | -- | -- |
| 2023 | $2,486 | $135,641 | $0 | $0 |
| 2022 | $2,175 | $123,310 | $0 | $0 |
| 2021 | $1,974 | $112,100 | $0 | $0 |
| 2020 | $1,715 | $97,107 | $0 | $0 |
| 2019 | $1,772 | $100,110 | $0 | $0 |
| 2018 | $1,839 | $106,500 | $0 | $0 |
| 2017 | $1,414 | $71,080 | $0 | $0 |
| 2016 | $1,290 | $64,619 | $0 | $0 |
| 2015 | $1,199 | $58,745 | $0 | $0 |
| 2014 | -- | $53,405 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Solares
-
Mercedes Porraspita
M
Buyer's Agent in 2025
Mercedes Porraspita
Florida Realty of Miami
(786) 487-3404
1 in this area
10 Total Sales
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11719504
APN: 30-5007-063-2550
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