NOT LISTED FOR SALE

16401 SW 281st St Unit 1 Homestead, FL 33033

Modello Neighborhood

Estimated Value: $818,000 - $949,000

5 Beds
1 Bath
500 Sq Ft
$1,751/Sq Ft Est. Value

About This Home

This home is located at 16401 SW 281st St Unit 1, Homestead, FL 33033 and is currently estimated at $875,638, approximately $1,751 per square foot. 16401 SW 281st St Unit 1 is a home located in Miami-Dade County with nearby schools including Avocado 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
Jun 24, 2022
Sold by
Andres Cruces
Bought by
Ares Mairelis
Current Estimated Value
$875,638

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$609,121
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$266,517

Purchase Details

Closed on
Jul 19, 2019
Sold by
Cordova Gladys A
Bought by
Cruces Andres

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,015
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2004
Sold by
Shores Development Inc
Bought by
Cordova Joseph J and Cordova Gladys A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.57%
Mortgage Type
Unknown
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
Ares Mairelis $800,000 Gustavo A Fernandez Pa
Cruces Andres $449,500 Unlimited Title Group Corp
Cordova Joseph J $365,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ares Mairelis $640,000
Previous Owner Cruces Andres $436,015
Previous Owner Cordova Joseph J $200,000
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 $17,650 $645,324 $176,484 $468,840
2024 $17,133 $646,718 -- --
2023 $17,133 $627,882 $176,484 $451,398
2022 $5,808 $351,239 $0 $0
2021 $5,783 $341,009 $0 $0
2020 $6,197 $336,301 $0 $0
2019 $6,010 $324,940 $69,333 $255,607
2018 $3,098 $186,640 $0 $0
2017 $2,965 $182,802 $0 $0
2016 $2,939 $179,043 $0 $0
2015 $3,071 $177,799 $0 $0
2014 -- $176,388 $0 $0
Source: Public Records

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