NOT LISTED FOR SALE

12844 SW 48th Terrace Miami, FL 33175

Kendale Lakes Neighborhood

Estimated Value: $691,000 - $779,000

3 Beds
2 Baths
1,364 Sq Ft
$545/Sq Ft Est. Value

Last Sold May 10, 2021

Last sale price $500,000 $367 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,886/month

67 Days on Market

Highlights

  • In Ground Pool
  • Garden View
  • Den
  • Deck
  • No HOA
  • Walk-In Closet

About This Home

As of May 2021

Beautiful Pool home in sought after Royale Green. 3 Bedroom 2 bath pls an extra game room. Spectacular neighborhood. Won't last. Owner relocating out of state.

Last Agent to Sell the Property

Michael Ferrer

Keller Williams Realty Premier Properties License #3376390 Listed on: 02/12/2021

Keller Williams Realty Premier Properties

Last Buyer's Agent

May Shekouri

Bespoke Realty Group Miami, LLC License #3255510

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,832

Year Built

  • Built in 1971

Lot Details

  • 8,100 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Flat Tile Roof

Interior Spaces

  • 1,364 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Paddle Fans
  • Den
  • Storage Room
  • Ceramic Tile Flooring
  • Garden Views
  • Fire and Smoke Detector

Kitchen

  • Self-Cleaning Oven
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Studio bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Royale Green Sec 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-49-23-002-0920

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,832

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1971
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: Pool Only, House
  • Subdivision Name: ROYALE GREEN SEC 2
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Disposal, Dryer, Electric Water Heater, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Walk-In Closet(s), Den/Library/Office, Storage, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 1364
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Master Bedroom Ground Level, Studio
  • Living Room Features: Den/Library/Office, Storage Room, Utility Room/Laundry

Exterior Features

  • Roof: Flat Tile
  • View: Garden
  • Exterior Features: Barbeque
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Deck, Patio
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Park Building Name: ROYALE GREEN SEC 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Other
  • Cooling: Ceiling Fan(s), Central Air, Electric, Paddle Fans
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Paved Road, Public Road

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-49-23-002-0920
  • Lot Size Sq Ft: 8100
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 2832

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
May 7, 2021
Sold by
Chacon Walfrido and Barrabeitg Issel
Bought by
12844 Southwest 48Th Terrace Llc
Seller's Agent
Michael Ferrer
Keller Williams Realty Premier Properties
Buyer's Agent
May Shekouri
Bespoke Realty Group Miami, LLC
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Current Estimated Value
$743,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,241
Avg. Annual Appreciation
9.55%
Original Mortgage
$350,000
Outstanding Balance
$318,533
Interest Rate
3.1%
Mortgage Type
Balloon
Estimated Equity
$421,511

Purchase Details

Closed on
Feb 11, 2004
Sold by
Chacon Erasmo and Dearmas Maria A
Bought by
Chacon Walfrido and Barrabeitg Issel

Purchase Details

Closed on
Oct 11, 2002
Sold by
Ferrer Dennet
Bought by
Chacon Erasmo and Dearmas Maria A

Purchase Details

Closed on
Jun 11, 2001
Sold by
Jose Lodeiro M and Jose Maria Lodeiro
Bought by
Ferrer Dennett

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
7.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
12844 Southwest 48Th Terrace Llc $500,000 Epic Title Group
Chacon Walfrido -- --
Chacon Erasmo $181,000 --
Ferrer Dennett $165,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 12844 Southwest 48Th Terrace Llc $350,000
Previous Owner Chacon Walfrido $10,000
Previous Owner Barrabeitg Issel I $50,000
Previous Owner Chacon Walfrido $195,000
Previous Owner Ferrer Dennett $156,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2021 05/10/21 Sold $500,000 -4.8% $367 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $525,000 -- $385 / 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
2025 $10,036 $574,473 $327,600 $246,873
2024 $8,989 $535,387 -- --
2023 $8,989 $486,716 $226,200 $260,516
2022 $8,052 $434,275 $187,200 $247,075
2021 $2,876 $168,605 $0 $0
2020 $2,832 $166,278 $0 $0
2019 $2,761 $162,540 $0 $0
2018 $2,629 $159,510 $0 $0
2017 $2,637 $156,230 $0 $0
2016 $2,556 $153,017 $0 $0
2015 $2,579 $151,954 $0 $0
2014 $2,622 $150,749 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Michael Ferrer

    Keller Williams Realty Premier Properties

    (305) 491-6614

    4 in this area

    20 Total Sales

    Michael Ferrer
    Section Image

  • M

    Buyer's Agent in 2021

    May Shekouri

    Bespoke Realty Group Miami, LLC

    (786) 800-4846

    1 in this area

    27 Total Sales

    May Shekouri
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10998836

MIAMI REALTORS® MLS

APN: 30-4923-002-0920

Florida Miami/Dade County Miami 33175 Kendale Lakes

12844 SW 48th Terrace, Miami, FL

This home is located at 12844 SW 48th Terrace, Miami, FL 33175 since 12 February 2021 and is currently estimated at $743,241, approximately $544 per square foot. This property was built in 1971. 12844 SW 48th Terrace is a home located in Miami-Dade County with nearby schools including Royal Green Elementary School, Howard D. McMillan Middle School, and G. Holmes Braddock Senior High 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.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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