NOT LISTED FOR SALE

12040 SW 188th Terrace Miami, FL 33177

Estimated Value: $501,000 - $559,000

3 Beds
1 Bath
1,368 Sq Ft
$387/Sq Ft Est. Value

About This Home

This home is located at 12040 SW 188th Terrace, Miami, FL 33177 and is currently estimated at $529,357, approximately $386 per square foot. 12040 SW 188th Terrace is a home located in Miami-Dade County with nearby schools including South Miami Heights Elementary School, Miami Southridge Senior High School, and Arthur And Polly Mays Conservatory Of The Arts.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2001
Sold by
Parvez M Khan M and Parvez Betty L
Bought by
Garcia Jose A and Garcia Michel M
Current Estimated Value
$529,357

Purchase Details

Closed on
Jun 1, 1999
Sold by
Borges Boris G and Borges Olga
Bought by
Khan Parvez M and Khan Betty L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,902
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 1994
Sold by
Baker Thomas R and Baker Yong
Bought by
Borges Boris G and Borges Olga
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Garcia Jose A $102,500 --
Khan Parvez M $82,000 --
Borges Boris G $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Jose A $200,000
Closed Garcia Jose A $163,700
Closed Garcia Jose A $100,000
Previous Owner Khan Parvez M $81,902
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 $1,854 $109,035 -- --
2024 $1,660 $105,963 -- --
2023 $1,660 $102,877 $0 $0
2022 $1,568 $99,881 $0 $0
2021 $1,530 $96,972 $0 $0
2020 $1,512 $95,634 $0 $0
2019 $1,473 $93,484 $0 $0
2018 $1,394 $91,741 $0 $0
2017 $1,382 $89,855 $0 $0
2016 $1,344 $88,007 $0 $0
2015 $1,349 $87,396 $0 $0
2014 -- $86,703 $0 $0
Source: Public Records

Map

Florida Miami/Dade County Miami 33177

12040 SW 188th Terrace, Miami, FL

This home is located at 12040 SW 188th Terrace, Miami, FL 33177 and is currently estimated at $529,357, approximately $386 per square foot. 12040 SW 188th Terrace is a home located in Miami-Dade County with nearby schools including South Miami Heights Elementary School, Miami Southridge Senior High School, and Arthur And Polly Mays Conservatory Of The Arts.

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.

Nearby Homes