NOT LISTED FOR SALE

Estimated Value: $398,000 - $644,000

4 Beds
2 Baths
1,654 Sq Ft
$310/Sq Ft Est. Value

About This Home

This home is located at 1640 NW 8th Terrace, Homestead, FL 33030 and is currently estimated at $512,138, approximately $309 per square foot. 1640 NW 8th Terrace is a home located in Miami-Dade County with nearby schools including Redondo Elementary School, South Dade Middle School, and Arthur And Polly Mays Conservatory Of The Arts.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 8, 2016
Sold by
Richmond John
Bought by
Richmond Elizabeth Victoria
Current Estimated Value
$512,138

Purchase Details

Closed on
Aug 30, 2013
Sold by
Deutsche Bank National Trust Company
Bought by
Richmond Marlene and Richmond Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,282
Outstanding Balance
$82,665
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$429,473

Purchase Details

Closed on
Jun 6, 2013
Sold by
Juarez Reinaldo A
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 15, 1997
Sold by
Schlicht Rebecca E and Schlicht Kurt
Bought by
Saenz Roberto and Saenz Ileana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,600
Interest Rate
7.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 1996
Sold by
Henricks David M
Bought by
Schlicht Rebecca E
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Richmond Elizabeth Victoria -- Attorney
Richmond Marlene $111,299 Premium Title Services Inc
Deutsche Bank National Trust Company $77,900 None Available
Saenz Roberto $84,000 --
Schlicht Rebecca E $30,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Richmond Marlene $109,282
Previous Owner Schlicht Rebecca E $23,246
Previous Owner Schlicht Rebecca E $15,773
Previous Owner Schlicht Rebecca E $75,600
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 $6,448 $274,483 -- --
2024 $5,910 $249,530 -- --
2023 $5,910 $226,846 $0 $0
2022 $5,302 $206,224 $0 $0
2021 $4,643 $185,959 $0 $0
2020 $3,736 $169,054 $75,000 $94,054
2019 $3,433 $154,795 $60,000 $94,795
2018 $3,144 $144,287 $48,750 $95,537
2017 $2,951 $133,777 $0 $0
2016 $1,149 $92,957 $0 $0
2015 $1,157 $92,311 $0 $0
2014 $1,183 $91,579 $0 $0
Source: Public Records

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