NOT LISTED FOR SALE

12200 SW 118th Terrace Miami, FL 33186

Devon-Aire Neighborhood

Estimated Value: $457,827 - $498,000

3 Beds
2 Baths
1,276 Sq Ft
$374/Sq Ft Est. Value

About This Home

This home is located at 12200 SW 118th Terrace, Miami, FL 33186 and is currently estimated at $476,957, approximately $373 per square foot. 12200 SW 118th Terrace is a home located in Miami-Dade County with nearby schools including Devon Aire K-8 Center, Arvida Middle School, and Miami Killian Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 1998
Sold by
Velez Alan R and Velez Carol
Bought by
Velez Alan R
Current Estimated Value
$476,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,750
Outstanding Balance
$16,511
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$460,446

Purchase Details

Closed on
Nov 22, 1995
Sold by
Velez Alan R and Velez Maria C
Bought by
Velez Alan R and Mira Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,250
Interest Rate
7.48%
Mortgage Type
New Conventional
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.

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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

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.

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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.

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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
Velez Alan R $36,400 --
Velez Alan R $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velez Alan R $72,750
Previous Owner Velez Alan R $62,250
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 $2,109 $127,153 -- --
2024 $1,908 $123,570 -- --
2023 $1,908 $119,971 $0 $0
2022 $1,807 $116,477 $0 $0
2021 $1,770 $113,085 $0 $0
2020 $1,749 $111,524 $0 $0
2019 $1,708 $109,017 $0 $0
2018 $1,616 $106,985 $0 $0
2017 $1,598 $104,785 $0 $0
2016 $1,564 $102,630 $0 $0
2015 $1,577 $101,917 $0 $0
2014 $1,592 $101,109 $0 $0
Source: Public Records

Map

Florida Miami/Dade County Miami 33186 Devon-Aire

12200 SW 118th Terrace, Miami, FL

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