NOT LISTED FOR SALE

11940 SW 241st Terrace Homestead, FL 33032

Estimated Value: $669,098 - $736,000

5 Beds
3 Baths
2,640 Sq Ft
$271/Sq Ft Est. Value

About This Home

This home is located at 11940 SW 241st Terrace, Homestead, FL 33032 and is currently estimated at $716,275, approximately $271 per square foot. 11940 SW 241st Terrace is a home with nearby schools including Coconut Palm K-8 Academy, Arthur And Polly Mays Conservatory Of The Arts, and Redland Middle School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2025
Sold by
Ferraro Alfonso and Laviola Adelie
Bought by
Ferraro Alfonso and Laviola Adelie
Current Estimated Value
$696,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Outstanding Balance
$324,619
Interest Rate
5.13%
Mortgage Type
New Conventional
Estimated Equity
$391,656

Purchase Details

Closed on
Nov 30, 2022
Sold by
Lennar Homes Llc
Bought by
Ferraro Alfonso and Laviola Adelie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
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
Ferraro Alfonso -- None Listed On Document
Ferraro Alfonso -- None Listed On Document
Ferraro Alfonso $588,000 Lennar Title
Ferraro Alfonso $588,000 Lennar Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ferraro Alfonso $325,000
Closed Ferraro Alfonso $325,000
Previous Owner Ferraro Alfonso $250,000
Source: Public Records

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 $11,310 $508,608 $150,000 $358,608
2024 $9,877 $512,268 $150,000 $362,268
2023 $9,877 $465,927 $100,000 $365,927
2022 $3,632 $100,000 $100,000 $0
Source: Public Records

Map

Florida Miami/Dade County Homestead 33032

11940 SW 241st Terrace, Homestead, FL

This home is located at 11940 SW 241st Terrace, Homestead, FL 33032 and is currently estimated at $716,275, approximately $271 per square foot. 11940 SW 241st Terrace is a home with nearby schools including Coconut Palm K-8 Academy, Arthur And Polly Mays Conservatory Of The Arts, and Redland Middle School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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