NOT LISTED FOR SALE

16468 SW 48th Terrace Miami, FL 33185

West Kendall Neighborhood

Estimated Value: $527,000 - $572,000

3 Beds
2.5 Baths
1,753 Sq Ft
$314/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $460,000 $262 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,583/month

5 Days on Market

Highlights

  • Lake Front
  • Community Pool
  • Partial Impact Glass
  • Dr. Manuel C. Barreiro Elementary School Rated A-
  • Breakfast Area or Nook
  • Concrete Block With Brick

About This Home

As of September 2022

Open House August Sat 13th and Sunday 14th from 12 to 3 pm - The opportunity you were looking for is here!!! Come see this beautiful townhouse at Melrose Parc!! Partially renovated with the finest standards, porcelain floors, some impact doors and windows, spacious bedrooms, double sink vanity with tub and shower, walk-in Closet, less than 1-year-old A/C unit, large backyard, front lake view, and a lot of natural light. Quiet and family-oriented neighborhood with pool, kids playground, and security. Location is a plus, close to everything, A+ schools. Don't wait! Make your appointment today!

Last Agent to Sell the Property

Joplin Santos

Robert Slack LLC License #3319368 Listed on: 08/11/2022

Robert Slack LLC

Last Buyer's Agent

Leiza Mendez

West Kendall Realty License #3393686

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,490

Year Built

  • Built in 2005

Lot Details

  • 2,265

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking

Home Design

  • Entry on the 1st floor
  • Concrete Block With Brick
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,753 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Electric Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Dual Sinks
  • Separate Shower in Primary Bathroom
  • Bathtub

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Ferguson John High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Patio
  • Lake Front

Listing and Financial Details

  • Assessor Parcel Number 30-49-20-020-1560

Community Details

Overview

  • Melrose Parc Condos
  • Park Lakes Sec 3 Subdivision

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Security Guard
  • Partial Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,490

Year Built

Built in 2005

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2005
  • Property Sub Type: Townhouse
  • Architectural Style: High Rise
  • Directions: USE GPS
  • Entry Level: 1
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse Fee Simple, Townhouse
  • Subdivision Name: PARK LAKES SEC 3
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Ceramic Floor, Other
  • Furnished: Unfurnished
  • Living Area: 1753
  • Possible Use: Primary
  • Stories: 2
  • Window Features: Partial Impact Glass
  • Bedroom Features: Master Bedroom Upstairs, Master Bath Shower, Master Bath Tub
  • Dining Room Features: Breakfast Area, Dining/Living Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Water View
  • Construction Type: Concrete Block With Brick, CBS Construction
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Melrose Parc
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 2 Or More Spaces, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Smoke Detector, Guard At Site, Security Patrol

Condo/Co-op/Association

  • Association Fee: 150
  • Amenities: Child Play Area, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • High School: Ferguson John

Lot Info

  • Parcel Number: 30-49-20-020-1560
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4490

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Sep 15, 2022
Sold by
Tabares Yendri Hernandez
Bought by
Castillo Yolanda and Varela Teresita
Seller's Agent
Joplin Santos
Robert Slack LLC
Buyer's Agent
Leiza Mendez
West Kendall Realty
List Price
$460,000
Sold Price
$460,000
Views
3
Current Estimated Value
$550,589

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,589
Avg. Annual Appreciation
5.78%
Original Mortgage
$451,668
Outstanding Balance
$431,412
Interest Rate
5.22%
Mortgage Type
FHA
Estimated Equity
$119,177

Purchase Details

Listed on
Mar 1, 2020
Closed on
Mar 26, 2020
Sold by
Deutsche Bank National Trust Company
Bought by
Tabares Yendri Hernandiez and Alvarez Cesar Reyes
Seller's Agent
ricardo gonzalez
Real Estate Asset Disp Corp.
Buyer's Agent
Bibiana Pelaez
Canvas Real Estate
List Price
$312,000
Sold Price
$321,000
Premium/Discount to List
$9,000
2.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.10%
Original Mortgage
$304,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2020
Sold by
Prieto Tailuma Castillo
Bought by
Deutsche Bank National Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 23, 2005
Sold by
Prieto Daniel and Prieto Tailuma Castillo
Bought by
Prieto Daniel and Prieto Tailuma Castillo

Purchase Details

Closed on
Sep 22, 2005
Sold by
F Development Llc
Bought by
Prieto Daniel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Castillo Yolanda $460,000 Florida Title
Castillo Yolanda $460,000 Florida Title
Tabares Yendri Hernandiez $321,000 Servicelink
Deutsche Bank National Trust Company $285,100 None Available
Prieto Daniel -- East Land Title Inc
Prieto Daniel $152,900 Windsor Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castillo Yolanda $451,668
Closed Castillo Yolanda $451,668
Previous Owner Tabares Yendri Hernandiez $304,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/16/2022 09/16/22 Sold $460,000 0.0% $262 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/11/2022 08/11/22 For Sale $460,000 +43.3% $262 / Sq Ft
04/20/2020 04/20/20 Sold $321,000 +2.9% $183 / Sq Ft View Prior Sale
02/28/2020 02/28/20 For Sale $312,000 -- $178 / 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 $6,411 $386,852 -- --
2024 $6,125 $375,950 -- --
2023 $6,125 $365,000 $0 $0
2022 $4,529 $273,980 $0 $0
2021 $4,490 $266,000 $0 $0
2020 $2,509 $153,017 $0 $0
2019 $2,454 $149,577 $0 $0
2018 $2,331 $146,789 $0 $0
2017 $2,322 $143,770 $0 $0
2016 $2,259 $140,813 $0 $0
2015 $2,296 $139,835 $0 $0
2014 $2,318 $138,726 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11252842

MIAMI REALTORS® MLS

APN: 30-4920-020-1560