NOT LISTED FOR SALE

15603 SW 116th Terrace Miami, FL 33196

The Hammocks Neighborhood

Estimated Value: $743,612 - $958,000

4 Beds
3 Baths
2,249 Sq Ft
$368/Sq Ft Est. Value

About This Home

This home is located at 15603 SW 116th Terrace, Miami, FL 33196 and is currently estimated at $828,653, approximately $368 per square foot. 15603 SW 116th Terrace is a home located in Miami-Dade County with nearby schools including Dr. Gilbert L. Porter Elementary School, Hammocks Middle School, and Felix Varela Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2016
Sold by
Rischmawy Jesus Alfonso Faraj and Faraj Suyapa A
Bought by
Suyapa Realty Llc
Current Estimated Value
$828,653

Purchase Details

Closed on
Nov 10, 2011
Sold by
Lennar Homes Llc
Bought by
Rischmawy Jesus Alfonso Faraj and Faraj Suyapa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 31, 2010
Sold by
Century Gardens Llp
Bought by
Lennar Homes Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Suyapa Realty Llc -- Attorney
Rischmawy Jesus Alfonso Faraj $325,000 North American Title Company
Lennar Homes Llc $15,318,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rischmawy Jesus Alfonso Faraj $196,000
Source: Public Records

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 $11,829 $566,542 -- --
2024 $10,966 $515,039 -- --
2023 $10,966 $468,218 $0 $0
2022 $10,157 $425,653 $0 $0
2021 $8,702 $386,958 $179,413 $207,545
2020 $8,372 $367,152 $179,413 $187,739
2019 $8,304 $362,289 $172,512 $189,777
2018 $7,953 $352,387 $138,010 $214,377
2017 $7,716 $333,962 $0 $0
2016 $7,890 $338,582 $0 $0
2015 $7,936 $317,308 $0 $0
2014 -- $289,898 $0 $0
Source: Public Records

Map

Florida Miami/Dade County Miami 33196 The Hammocks

15603 SW 116th Terrace, Miami, FL

This home is located at 15603 SW 116th Terrace, Miami, FL 33196 and is currently estimated at $828,653, approximately $368 per square foot. 15603 SW 116th Terrace is a home located in Miami-Dade County with nearby schools including Dr. Gilbert L. Porter Elementary School, Hammocks Middle School, and Felix Varela 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.

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