NOT LISTED FOR SALE

1425 NW 196th Terrace Miami, FL 33169

Norwood Neighborhood

Estimated Value: $484,000 - $506,000

3 Beds
2 Baths
1,385 Sq Ft
$360/Sq Ft Est. Value

Last Sold March 22, 2023

Last sale price $419,900 $303 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,354/month

60 Days on Market

Highlights

  • No HOA
  • Laundry in Utility Room
  • 1-Story Property
  • Porch
  • Tile Flooring
  • 3-minute walk to Norwood Park & Pool

About This Home

As of March 2023

This 3 bedrooms 2 bathrooms home is located in a family friendly neighborhood. Just a few miles away from the Hard Rock Casino, Miami Dolphin's Football Stadium and easy access to Turnpike. No need for on street parking, extended driveway for multiple cars to park on the property. Home is being sold AS IS, will need a little TLC and updating. Air-condition (Air handler) replaced in 2021 and New hot water heater 2022. Be the envy of your neighbors during hurricane season with hot water heater and stove powered by gas. Windows includes Hurricane shuttles. Large backyard to install an inground swimming pool.
All showing requires a License Realtor present.

Last Agent to Sell the Property

Annie Francis

Pines Real Estate & Investment License #3391732 Listed on: 01/12/2023

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,866

Year Built

  • Built in 1959

Lot Details

  • 8,360 Sq Ft Lot
  • North Facing Home

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,385 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Tile Flooring
  • Gas Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer and Dryer Hookup

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Porch

Schools

  • Norwood Elementary School
  • Norland Middle School
  • Miami Norland High School

Utilities

  • Central Air
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • Norwood 6Th Addn Sec 1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 34-21-02-012-0200

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,866

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: NORWOOD 6TH ADDN SEC 1
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater, Gas Range, Refrigerator
  • Interior Amenities: First Floor Entry, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1385
  • Possible Use: Primary
  • Window Features: Hurricane Shutters
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Utility Room/Laundry

Exterior Features

  • Roof: Shingle
  • View: None
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Open Porch
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: NORWOOD 6TH ADDN SEC 1
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry, Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Road, Sidewalks, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Norwood
  • High School: Miami Norland
  • Middle Or Junior School: Norland

Lot Info

  • Parcel Number: 34-21-02-012-0200
  • Lot Size Sq Ft: 8360
  • Zoning: Residental
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5866

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2023
Closed on
Mar 22, 2023
Sold by
Ricks Carl Derrick and Ricks Rhonda
Bought by
Solano Luis B and Garcia Heidy L
Seller's Agent
Annie Francis
Pines Real Estate & Investment
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$419,900
Sold Price
$419,900
Views
7
Current Estimated Value
$498,768

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,868
Avg. Annual Appreciation
7.75%
Original Mortgage
$398,905
Outstanding Balance
$387,256
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$115,814

Purchase Details

Closed on
Apr 25, 2003
Sold by
Ricks Carl Derrick
Bought by
Ricks Carl Derrick and Ricks Rhonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.43%
Mortgage Type
Unknown

Purchase Details

Closed on
May 23, 1995
Sold by
Whatley Mae and Whatley Anthony
Bought by
Ricks Carl Derrick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,560
Interest Rate
8.22%

Purchase Details

Closed on
May 13, 1993
Sold by
Bent Jeanette E
Bought by
Whatley Anthony and Whatley Mae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,400
Interest Rate
7.39%
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
Solano Luis B $419,900 Sunbelt Title
Ricks Carl Derrick -- --
Ricks Carl Derrick $39,000 --
Ricks Carl Derrick $39,000 --
Whatley Anthony $74,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solano Luis B $398,905
Previous Owner Ricks Rhonda $136,900
Previous Owner Ricks Rhonda $92,000
Previous Owner Ricks Carl Derrick $92,000
Previous Owner Ricks Carl Derrick $79,560
Previous Owner Whatley Anthony $44,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2023 03/22/23 Sold $419,900 0.0% $303 / Sq Ft
03/14/2023 03/14/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $419,900 0.0% $303 / Sq Ft
01/12/2023 01/12/23 For Sale $419,900 -- $303 / 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 $7,633 $343,194 $192,280 $150,914
2024 $6,519 $346,790 $179,203 $167,587
2023 $6,519 $238,653 $0 $0
2022 $5,866 $216,958 $0 $0
2021 $5,189 $197,235 $92,633 $104,602
2020 $4,942 $197,264 $92,633 $104,631
2019 $4,637 $188,330 $88,123 $100,207
2018 $4,187 $171,468 $70,429 $101,039
2017 $3,855 $135,834 $0 $0
2016 $3,589 $125,879 $0 $0
2015 $3,368 $114,436 $0 $0
2014 $3,161 $104,033 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Annie Francis

    Seller's Agent in 2023

    Annie Francis

    Pines Real Estate & Investment

    (404) 456-6172

    1 in this area

    3 Total Sales

    Annie Francis
    Section Image

  • N

    Buyer's Agent in 2023

    NON-MLS MEMBER

    MAR NON MLS MEMBER

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11323975

MIAMI REALTORS® MLS

APN: 34-2102-012-0200

Florida Miami/Dade County Miami 33169 Norwood

1425 NW 196th Terrace, Miami, FL

This home is located at 1425 NW 196th Terrace, Miami, FL 33169 since 12 January 2023 and is currently estimated at $498,768, approximately $360 per square foot. This property was built in 1959. 1425 NW 196th Terrace is a home located in Miami-Dade County with nearby schools including Norwood Elementary School, Norland Middle School, and Miami Norland 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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