NOT LISTED FOR SALE

16408 SW 48th Terrace Miami, FL 33185

West Kendall Neighborhood

Estimated Value: $546,000 - $572,000

3 Beds
2.5 Baths
1,623 Sq Ft
$344/Sq Ft Est. Value

Last Sold September 25, 2017

Last sale price $292,000 $180 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $3,550/month

9 Days on Market

Highlights

  • Clubhouse
  • Garden View
  • Community Pool
  • Dr. Manuel C. Barreiro Elementary School Rated A-
  • Sun or Florida Room
  • Formal Dining Room

About This Home

As of September 2017

COMFORTABLE & SPACIOUS 3 BEDROOMS/2.5 BATHROOM TOWNHOUSE W/1 CAR GARAGE, LOCATED IN A QUIET NEIGHBORHOOD. READY TO MOVE IN. EXTENDED PATIO PAVERS, SEPARATE LAUNDRY ROOM AND MUCH MORE. CLOSE TO A+ SCHOOLS, SHOPPING CENTERS, RESTAURANTS, CLOSE TO BIRD & MILLER. SHOW WITH CONFIDENCE.

Last Agent to Sell the Property

Lourdes Espinoza

Weichert, Realtors – Capella Estates License #3360552 Listed on: 08/01/2017

Weichert, Realtors – Capella Estates

Co-Listed By

Mayra Horna

Weichert, Realtors – Capella Estates License #3164041

Last Buyer's Agent

Luis Sanchez

First Home Realty, Inc. License #3358978

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,346

Year Built

  • Built in 2005

Lot Details

  • North Facing Home
  • Fenced

HOA Fees

  • $145 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Converted Garage
  • Guest Parking

Home Design

  • Cluster Home
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,623 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Formal Dining Room
  • Sun or Florida Room
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Bidet
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 30-49-20-020-1660

Community Details

Overview

  • Club Membership Required
  • Park Lakes Sec 3 Condos
  • Melrose Parc Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Building Details

Security

  • Security Guard
  • Phone Entry
  • Complex Is Fenced

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,346

Year Built

Built in 2005

Lot Details

0

HOA Fees

$145 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Townhouse
  • Architectural Style: Patio/Cluster
  • Co List Office Mls Id: NUST01
  • Co List Office Phone: 305-207-9065
  • Directions: GPS
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Townhouse Fee Simple, Townhouse
  • Subdivision Name: MELROSE PARC
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: Yes
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Other, Walk-In Closet(s), Family Room, Florida Room, Garage Converted
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1623
  • Possible Use: Primary
  • Stories: 2
  • Bedroom Features: Primary Bedroom Upstairs, Other
  • Dining Room Features: Eat-In Kitchen, Formal Dining
  • Living Room Features: Family Room, Florida Room, Garage Converted, Other
  • Master Bathroom Features: Bidet, Separate Tub & Shower

Exterior Features

  • View: Garden View
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: PARK LAKES SEC 3
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: Guest, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Complex Fenced, Phone Entry, Guard At Site

Condo/Co-op/Association

  • Association Fee: 145
  • Amenities: Clubhouse-Clubroom, Other, Child Play Area, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 30-49-20-020-1660
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Maintenance Expense: 145

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 2346

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2017
Closed on
Sep 25, 2017
Sold by
Mendez Mariano and Mendez Norma E
Bought by
Corrales Emmanuel and Schwartz Brittany Krystal
Seller's Agent
Lourdes Espinoza
Weichert, Realtors – Capella Estates
Buyer's Agent
Luis Sanchez
First Home Realty, Inc.
List Price
$295,000
Sold Price
$292,000
Premium/Discount to List
-$3,000
-1.02%
Current Estimated Value
$557,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,675
Avg. Annual Appreciation
8.48%
Original Mortgage
$284,747
Outstanding Balance
$240,286
Interest Rate
4.12%
Mortgage Type
FHA
Estimated Equity
$317,389

Purchase Details

Closed on
Feb 27, 2012
Sold by
Mendez Mariano and Mendez Esther
Bought by
Mendez Mariano and Mendez Norma E

Purchase Details

Closed on
Oct 18, 2011
Sold by
Ricardo Graciela S
Bought by
Mendez Mariano and Mendez Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,020
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 28, 2005
Sold by
F Development Llc
Bought by
Ricardo Graciela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,500
Interest Rate
5.77%
Mortgage Type
Fannie Mae Freddie Mac
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
Corrales Emmanuel $292,000 Sophias Title Services Llc D
Mendez Mariano -- Attorney
Mendez Mariano $157,000 Attorney
Ricardo Graciela S $329,000 Windsor Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corrales Emmanuel $284,747
Previous Owner Mendez Mariano $153,020
Previous Owner Ricardo Graciela S $312,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2017 09/25/17 Sold $292,000 -1.0% $180 / Sq Ft
08/09/2017 08/09/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $295,000 -- $182 / Sq Ft
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 $4,458 $268,266 -- --
2024 $4,217 $260,706 -- --
2023 $4,217 $253,113 $0 $0
2022 $4,048 $245,741 $0 $0
2021 $4,007 $238,584 $0 $0
2020 $3,962 $235,290 $0 $0
2019 $3,878 $230,000 $0 $0
2018 $3,768 $230,000 $0 $0
2017 $2,409 $148,750 $0 $0
2016 $2,346 $145,691 $0 $0
2015 $2,385 $144,679 $0 $0
2014 $2,408 $143,531 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lourdes Espinoza

    Seller's Agent in 2017

    Lourdes Espinoza

    Weichert, Realtors – Capella Estates

    (786) 663-8483

    4 Total Sales

    Lourdes Espinoza
    Section Image
  • Mayra Horna

    Seller Co-Listing Agent in 2017

    Mayra Horna

    Weichert, Realtors – Capella Estates

    (786) 728-0241

    3 in this area

    12 Total Sales

    Mayra Horna
    Section Image

  • L

    Buyer's Agent in 2017

    Luis Sanchez

    First Home Realty, Inc.

    (305) 613-4914

    23 Total Sales

    Luis Sanchez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10320203

MIAMI REALTORS® MLS

APN: 30-4920-020-1660

Florida Miami/Dade County Miami 33185 West Kendall

16408 SW 48th Terrace, Miami, FL

This home is located at 16408 SW 48th Terrace, Miami, FL 33185 since 01 August 2017 and is currently estimated at $557,675, approximately $343 per square foot. This property was built in 2005. 16408 SW 48th Terrace is a home located in Miami-Dade County with nearby schools including Dr. Manuel C. Barreiro Elementary School, Lamar Louise Curry Middle School, and John A. Ferguson 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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