NOT LISTED FOR SALE

Estimated Value: $169,698 - $220,000

1 Bed
1 Bath
435 Sq Ft
$280/mo HOA Fee

Last Sold February 09, 2022

Last sale price $155,000 $356 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,530/month

61 Days on Market

Highlights

  • Garden View
  • Cooling System Mounted To A Wall/Window
  • Laundry Facilities
  • Balcony
  • 1 Car Garage
  • Heating System Mounted To A Wall or Window

About This Home

As of February 2022

Ideal Miami Beach apartment! Cozy 1 bed, 1 bath residence with lots of natural light. Located within a gated, secure building with two security cameras on entrance and refurbished elevator. Includes a private balcony and parking, just minutes from the beach and South Beach’s most exclusive restaurants, shopping, and nightlife.

Last Agent to Sell the Property

Julian Johnston

The Corcoran Group License #3041178 Listed on: 12/09/2021

The Corcoran Group

Co-Listed By

Kristina Surtseva

The Corcoran Group License #3450885

Last Buyer's Agent

Jason Miller

MMLS Assoc.-Inactive Member License #3503954

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,404

Year Built

  • Built in 1965

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • Garden Apartment
  • Concrete Block And Stucco Construction

Interior Spaces

  • 435 Sq Ft Home
  • 4-Story Property
  • Garden Views
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Additional Features

  • Accessible Elevator Installed
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 02-42-04-008-0400

Community Details

Overview

  • Low-Rise Condominium
  • Terrace East Condo
  • Terrace East Condo Subdivision

Amenities

  • Laundry Facilities
  • Elevator

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Complex Is Fenced

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,404

Year Built

Built in 1965

Lot Details

0

HOA Fees

$280 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1965
  • Property Sub Type: Condominium
  • Architectural Style: Garden Apartment
  • Co List Office Mls Id: CSMG02
  • Co List Office Phone: 305-395-4982
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 1-4 Stories, Condo
  • Subdivision Name: TERRACE EAST CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Refrigerator
  • Interior Amenities: Elevator, Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 435
  • Possible Use: Primary
  • Stories: 4
  • Bedroom Features: Other

Exterior Features

  • View: Garden View
  • Exterior Features: Open Balcony, Other
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: TERRACE EAST CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Window/Wall
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 280
  • Amenities: Laundry, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-04-008-0400
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 280

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 2404

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2021
Closed on
Feb 9, 2022
Sold by
Jasmine Torres
Bought by
Miller Jason
Seller's Agent
Julian Johnston
The Corcoran Group
Buyer's Agent
Jason Miller
MMLS Assoc.-Inactive Member
List Price
$156,000
Sold Price
$155,000
Premium/Discount to List
-$1,000
-0.64%
Current Estimated Value
$196,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,675
Avg. Annual Appreciation
12.51%
Original Mortgage
$84,985
Outstanding Balance
$79,215
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$154,909

Purchase Details

Closed on
Mar 29, 2007
Sold by
Torres Daniel and Torres Jacqueline M
Bought by
Torres Jasmine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,876
Interest Rate
6.1%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 1, 2004
Sold by
Molyneaux Salomon
Bought by
Torres Daniel and Torres Jacqueline M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 1997
Sold by
Rosen Sheryl A
Bought by
Molyneaux Salomon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,400
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 1996
Sold by
Rubin Frieda
Bought by
Rosen Sheryl A
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
Miller Jason $155,000 Goede Deboest & Cross Pllc
Torres Jasmine $49,500 First American Title Ins Co
Torres Daniel $110,000 --
Molyneaux Salomon $32,000 --
Rosen Sheryl A $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Jason $45,467
Open Miller Jason $84,985
Previous Owner Torres Jasmine $188,876
Previous Owner Torres Daniel $88,000
Previous Owner Rosen Sheryl A $30,400
Closed Torres Daniel $11,000
Closed Miller Jason $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2022 02/09/22 Sold $155,000 -0.6% $356 / Sq Ft
12/09/2021 12/09/21 For Sale $156,000 -- $359 / 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 $2,080 $109,361 -- --
2024 $2,870 $151,890 -- --
2023 $2,870 $151,890 $0 $0
2022 $2,339 $124,500 $0 $0
2021 $2,404 $124,500 $0 $0
2020 $2,321 $119,878 $0 $0
2019 $2,305 $118,943 $0 $0
2018 $2,237 $118,943 $0 $0
2017 $2,166 $110,711 $0 $0
2016 $2,089 $100,647 $0 $0
2015 $1,939 $91,498 $0 $0
2014 $1,690 $83,180 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11131126

MIAMI REALTORS® MLS

APN: 02-4204-008-0400