NOT LISTED FOR SALE

Terra Towers 1475 NE 125th Terrace Unit 607B1 North Miami, FL 33161

Estimated Value: $141,518 - $216,000

1 Bed
1 Bath
617 Sq Ft
1968 Built

Highlights

  • Intercom to Front Desk
  • Senior Community
  • No HOA
  • Above Ground Pool
  • Gated Community
  • Game Room

About This Home

As of September 2023

Great opportunity! outside view to beautiful 6th floor view easy access to the pool & beach and all main highways. Move-in price, first, last and security. The unit is available immediately single adults and no pets at owners request
includes a community atrium area.

Last Agent to Rent the Property

Marta Perla

The Nayor Group Real Estate License #3349651 Listed on: 03/07/2023

Last Renter's Agent

Marta Perla

The Nayor Group Real Estate License #3349651 Listed on: 03/07/2023

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,284

Year Built

  • Built in 1968

Interior Spaces

  • 617 Sq Ft Home
  • Game Room
  • Door Monitored By TV
  • Laundry in Utility Room

Kitchen

  • Self-Cleaning Oven
  • Microwave

Bedrooms and Bathrooms

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

Parking

  • Automatic Garage Door Opener
  • Secure Parking

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible
  • Handicap Modified

Schools

  • David Lawrence Jr K-8 Elementary School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Water Purifier

Additional Features

  • Above Ground Pool
  • Fenced

Listing and Financial Details

  • Property Available on 2/27/23
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 06-22-29-067-0700

Community Details

Overview

  • Senior Community
  • No Home Owners Association
  • Terra Towers Condo
  • Terra Towers Condo Subdivision

Amenities

  • Community Center
  • Laundry Facilities
  • Intercom to Front Desk
  • Elevator

Recreation

  • Recreation Facilities
  • Community Pool

Pet Policy

  • No Pets Allowed

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community
  • Complex Is Fenced
  • Clear Impact Glass
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,284

Year Built

Built in 1968

Lot Details

0

Rental Info

  • Pets Allowed: No
  • Available Date: 2023-02-27
  • Lease Term: 1 Year With Renewal Option

Listing Details

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

Interior Features

  • Appliances: Gas Water Heater, Microwave, Water Purifier, Refrigerator, Self Cleaning Oven
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Elevator, Handicap Accessible, Handicap Equipped, Walk-In Closet(s), Game Room, Utility Room/Laundry
  • Accessibility Features: Handicap Accessible, Handicap Equipped
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: Partially
  • Living Area: 617
  • Other Equipment: Automatic Garage Door Opener
  • Window Features: Clear Impact Glass
  • Living Room Features: Game Room, Utility Room/Laundry

Exterior Features

  • Fencing: Fenced
  • Pool Features: Above Ground
  • Pool Private: No
  • Property Condition: Completely Renovated
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: TERRA TOWERS CONDO

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector, Key Card Entry, Complex Fenced, Intercom In Lobby, Key/Card Entry Parking, TV Monitor

Condo/Co-op/Association

  • Amenities: Activity Room, Gated, Community Pool, Elevator(s), Laundry Facility, Management On Site
  • Association: No
  • Community Features: Recreation Facilities
  • Senior Community: Yes

Schools

  • Elementary School: David Lawrence Jr K-8

Lot Info

  • Parcel Number: 06-22-29-067-0700
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4900
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2014
Sold by
Simons Gabriela
Bought by
Simons Gabriela
Current Estimated Value
$167,880

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,500
Outstanding Balance
$15,649
Interest Rate
3.29%
Mortgage Type
New Conventional
Estimated Equity
$126,271

Purchase Details

Closed on
Jun 16, 1999
Sold by
Butler Charles F
Bought by
Dwake Ralph

Purchase Details

Closed on
Mar 2, 1999
Sold by
Dade County Circuit Court
Bought by
Butler Charles F

Purchase Details

Closed on
Aug 23, 1994
Sold by
Butler Charles F
Bought by
Ludwig Leonard H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$17,500
Interest Rate
8.74%
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
Simons Gabriela -- First American Title Ins Co
Dwake Ralph $15,500 --
Butler Charles F $12,700 --
Ludwig Leonard H $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simons Gabriela $48,500
Closed Simons Gabriela $64,800
Previous Owner Ludwig Leonard H $17,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2023 09/15/23 Rented $1,475 -10.6% --
08/28/2023 08/28/23 Under Contract -- -- --
07/31/2023 07/31/23 Price Changed $1,650 -10.8% $3 / Sq Ft
04/11/2023 04/11/23 Price Changed $1,850 -5.1% $3 / Sq Ft
03/07/2023 03/07/23 For Rent $1,950 +50.0% --
07/01/2021 07/01/21 Rented $1,300 0.0% --
05/20/2021 05/20/21 For Rent $1,300 -- --
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 $0 $24,560 $0 $0
2018 $0 $24,103 $0 $0
2017 $0 $23,608 $0 $0
2016 -- $23,123 $0 $0
2015 -- $22,963 $0 $0
2014 -- $22,781 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11349169

MIAMI REALTORS® MLS

APN: 06-2229-067-0700