NOT LISTED FOR SALE

Terra Towers 1475 NE 125th Terrace Unit 204B North Miami, FL 33161

Estimated Value: $149,456 - $263,000

1 Bed
1 Bath
623 Sq Ft
$293/Sq Ft Est. Value

Last Sold September 12, 2019

Last sale price $102,000 $164 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $1,163/month

Highlights

  • Building Security
  • Outdoor Pool
  • Screened Balcony
  • Intercom to Front Desk
  • No HOA
  • Walk-In Closet

About This Home

As of February 2020

EASY TO SHOW-LOCKBOX- MOVE IN READY!
Fully renovated unit in the heart of North Miami, 1/1 with huge walking closet.
Excellent location near Crossfit Armed, LA Fitness, Whole Foods, TJ Maxx, Flannigans. Very close to Johnson & Wales University and Museum of Contemporary Art.
Building offers security intercom, WI-FI, pool and gated parking. Easy access to the Beaches.
HOA approval required. First, last and security deposit.

Last Agent to Rent the Property

Dulce Borje

Miami Pro Brokers, LLC License #3349348 Listed on: 01/08/2020

Last Renter's Agent

RICARDO CAMPBELL

LandQuest Realty LLC License #3266837

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,284

Year Built

  • Built in 1968

Home Design

  • 623 Sq Ft Home

Kitchen

  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • 1 Car Parking Space
  • Guest Parking
  • Secure Parking

Outdoor Features

  • Outdoor Pool
  • Screened Balcony

Additional Features

  • South Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 2/1/20
  • 1 Year With Renewal Option,12 Months Lease Term
  • Assessor Parcel Number 06-22-29-067-0150

Community Details

Overview

  • No Home Owners Association
  • 1475 Terra Towers Condo
  • 1475 Terra Towers Condo Subdivision
  • Maintained Community

Amenities

  • Laundry Facilities
  • Intercom to Front Desk

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Building Security
  • Card or Code Access
  • Complex Is Fenced

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,284

Year Built

Built in 1968

Lot Details

0

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions
  • Available Date: 2020-02-01
  • Lease Term: 1 Year With Renewal Option,12 Months

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1968
  • Property Sub Type: Apartment
  • Directions: GPS
  • Garage Yn: No
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Apartments-Annual, Apartment
  • Subdivision Name: 1475 TERRA TOWERS CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Pantry, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: Unfurnished
  • Living Area: 623
  • Bedroom Features: Entry Level

Exterior Features

  • Exterior Features: Screened Balcony
  • Direction Faces: South
  • Pool Features: Community
  • Pool Private: No
  • Property Condition: Completely Renovated
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: 1475 TERRA TOWERS CONDO
  • Parking Features: 1 Space, Guest, Limited # Of Vehicle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Key Card Entry, Building Security, Complex Fenced, Intercom In Lobby, Key/Card Entry Parking

Condo/Co-op/Association

  • Association: No
  • Community Features: Pool, Laundry Facilities, Maintained Community

Lot Info

  • Parcel Number: 06-22-29-067-0150
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2019
Closed on
Sep 4, 2019
Sold by
Chica Martha I
Bought by
Grullon Dori Perez
Seller's Agent
Toby Nelson
Beachfront Realty Inc
Buyer's Agent
Dulce Borje
Miami Pro Brokers, LLC
List Price
$114,900
Sold Price
$102,000
Premium/Discount to List
-$12,900
-11.23%
Current Estimated Value
$182,614

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,614
Avg. Annual Appreciation
10.00%
Original Mortgage
$71,330
Outstanding Balance
$62,876
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$118,038
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
Grullon Dori Perez $101,900 Transamerican Ttl & Setmnt S
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grullon Dori Perez $71,330
Previous Owner Chica Martha I $35,739
Previous Owner Chica Martha I $27,000
Previous Owner Chica Martha I $50,972
Previous Owner Chica Martha I $67,200
Previous Owner Chica Martha I $31,110
Previous Owner Chica Martha I $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Rented $1,250 +8.7% --
02/02/2020 02/02/20 Price Changed $1,150 -3.4% $2 / Sq Ft
02/02/2020 02/02/20 Price Changed $1,190 -0.8% $2 / Sq Ft
01/07/2020 01/07/20 For Rent $1,200 0.0% --
09/12/2019 09/12/19 Sold $102,000 -2.8% $164 / Sq Ft
07/18/2019 07/18/19 Pending -- -- --
07/01/2019 07/01/19 Price Changed $104,900 -4.5% $168 / Sq Ft
06/21/2019 06/21/19 Price Changed $109,900 -4.4% $176 / Sq Ft
06/11/2019 06/11/19 For Sale $114,900 0.0% $184 / Sq Ft
12/31/2018 12/31/18 Rented $1,099 0.0% --
12/09/2018 12/09/18 Under Contract -- -- --
11/22/2018 11/22/18 Price Changed $1,099 -4.4% $2 / Sq Ft
11/11/2018 11/11/18 Price Changed $1,149 -4.2% $2 / Sq Ft
10/26/2018 10/26/18 Price Changed $1,199 -2.1% $2 / Sq Ft
10/21/2018 10/21/18 For Rent $1,225 +14.0% --
08/15/2016 08/15/16 Rented $1,075 +2.4% --
07/31/2016 07/31/16 Under Contract -- -- --
07/27/2016 07/27/16 For Rent $1,050 -- --
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 $2,284 $107,171 -- --
2024 $2,087 $97,429 -- --
2023 $2,087 $88,572 $0 $0
2022 $1,932 $80,520 $0 $0
2021 $1,676 $73,200 $0 $0
2020 $1,679 $73,170 $0 $0
2019 $1,246 $54,200 $0 $0
2018 $1,221 $54,156 $0 $0
2017 $1,451 $63,635 $0 $0
2016 -- $23,092 $0 $0
2015 -- $22,932 $0 $0
2014 -- $22,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dulce Borje

    Landlord's Agent in 2020

    Dulce Borje

    Miami Pro Brokers, LLC

    (786) 514-2075

    6 Total Sales

    Dulce Borje
    Section Image

  • T

    Seller's Agent in 2019

    Toby Nelson

    Beachfront Realty Inc

    (305) 405-0615

    12 Total Sales

    Toby Nelson
    Section Image
  • Jonathan Solomon

    Buyer's Agent in 2018

    Jonathan Solomon

    Jonathan Solomon Realty

    (305) 542-4824

    1 in this area

    38 Total Sales

    Jonathan Solomon
    Section Image
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About Terra Towers

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10796079

MIAMI REALTORS® MLS

APN: 06-2229-067-0150

Florida Miami/Dade County North Miami 33161

1475 NE 125th Terrace Unit 204B, North Miami, FL

This home is located at 1475 NE 125th Terrace Unit 204B, North Miami, FL 33161 since 08 January 2020 and is currently priced at $182,614. This property was built in 1968. 1475 NE 125th Terrace Unit 204B is a home located in Miami-Dade County with nearby schools including David Lawrence Jr. K-8 Center, North Miami Middle School, and Alonzo & Tracy Mourning 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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