$115,000
SOLD JUL 26, 2024

Terra Towers 1475 NE 125th Terrace Unit 110B1 North Miami, FL 33161

1 Bed
1 Bath
617 Sq Ft
$372/mo HOA Fee

Recently Sold

$186 Per Sq Ft

28% Below List Price

166 Days on Market

Highlights

  • Garden View
  • Tile Flooring
  • Laundry Facilities
  • Card or Code Access
  • Central Heating and Cooling System

About This Home

As of July 2024

Just reduce 20 k . Seller want to hear offers. This spacious 1 bed 1 bath condo is 617 square feet and has a great floor plan! Its original conditions. The bedroom has a walk-in closet and an additional closet for extra storage space. Maintenance fee is 371.59/month and includes water, internet, trash removal, building maintenance & 1 assigned gated parking space. No pets unless it is a certified service animal. The building has laundry facilities on the 2nd & 5th floors. Unit can be rented immediately after closing and only annual leases are allowed. The actual tenant its long term tenant 13 years. The building does not have any reserves and will qualify for a minimum 25% down payment financing

Last Agent to Sell the Property

valentin tudose

Beachfront Realty Inc Brokerage Phone: 305-926-0050 License #3087367 Listed on: 01/18/2024

Beachfront Realty Inc

Last Buyer's Agent

Ines Hernandez

Great Miami Realty Group, LLC License #3349330

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,689

Year Built

  • Built in 1968

HOA Fees

  • $372 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 617 Sq Ft Home
  • Tile Flooring
  • Garden Views
  • Electric Range

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Assigned Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 06-22-29-067-0080

Community Details

Overview

  • Mid-Rise Condominium
  • 1475 Terra Towers Condos
  • 1475 Terra Towers Condo Subdivision
  • 6-Story Property

Pet Policy

  • Breed Restrictions

Building Details

Additional Features

  • Laundry Facilities
  • Card or Code Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,689

Year Built

Built in 1968

Lot Details

0

HOA Fees

$372 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1968
  • Property Sub Type: Condominium
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 1475 TERRA TOWERS CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: 305-926-0050
  • Special Features: None

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 617
  • Possible Use: Primary
  • Stories: 6
  • Bedroom Features: Other

Exterior Features

  • View: Garden View
  • Exterior Features: Other, None
  • Construction Type: CBS Construction
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: 1475 Terra Towers
  • Parking Features: 1 Space, Assigned

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Common Area
  • Security: Card Entry

Condo/Co-op/Association

  • Association Fee: 372
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 06-22-29-067-0080
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 372

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1689

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Jul 25, 2024
Sold by
Tudose Valentin
Bought by
Cubas Milton
Seller's Agent
valentin tudose
Beachfront Realty Inc
Buyer's Agent
Ines Hernandez
Great Miami Realty Group, LLC
List Price
$160,000
Sold Price
$115,000
Premium/Discount to List
-$45,000
-28.12%
Views
140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%

Purchase Details

Closed on
Mar 23, 2004
Sold by
Sarmiento Williams and Sarmiento Maria
Bought by
Tudose Valentin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,233
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 2, 1999
Sold by
O'Brien Kathleen A
Bought by
Sarmiento Williams
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $115,000 None Listed On Document
Warranty Deed $59,100 Florida American Title
Warranty Deed $18,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $47,233 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Price Changed $1,800 -21.7% $3 / Sq Ft
07/08/2025 07/08/25 For Rent $2,300 0.0% --
07/26/2024 07/26/24 Sold $115,000 -17.9% $186 / Sq Ft
07/02/2024 07/02/24 Pending -- -- --
05/31/2024 05/31/24 Price Changed $140,000 -6.7% $227 / Sq Ft
04/04/2024 04/04/24 Price Changed $150,000 -6.3% $243 / Sq Ft
01/18/2024 01/18/24 For Sale $160,000 -- $259 / 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
2024 $1,689 $69,257 -- --
2023 $1,689 $62,961 $0 $0
2022 $1,567 $57,238 $0 $0
2021 $1,340 $52,035 $0 $0
2020 $1,270 $73,170 $0 $0
2019 $1,069 $54,200 $0 $0
2018 $983 $54,156 $0 $0
2017 $1,007 $35,542 $0 $0
2016 $871 $32,311 $0 $0
2015 $854 $29,374 $0 $0
2014 $758 $26,704 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11516854

MIAMI REALTORS® MLS

APN: 06-2229-067-0080