NOT LISTED FOR SALE

Terrazas Riverpark Village 1861 NW South River Dr Unit 1401 Miami, FL 33125

North Sewell Park Neighborhood

Estimated Value: $373,000 - $409,000

2 Beds
2 Baths
967 Sq Ft
2010 Built

Last Sold April 29, 2022

Last sale price $310,000 $321 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,575/month

Highlights

  • Property fronts an intracoastal waterway
  • Fitness Center
  • In Ground Pool
  • Full Time Lobby Attendant
  • Gated with Attendant
  • 1-minute walk to Sewell Park

About This Home

As of September 2023

Outstanding 2/2 Condo. SECOND PARKING SPACE OPTIONAL. Great views of MIAMI RIVER, Sewell Park, Downtown/Brickell and City. Central location, minutes away from Downtown, Miami Airport, UM/Jackson Memorial Medical Center, Wynwood and Bickell area. Porcelain floors. Modern, open Lay-Out kitchen, with granite counter-top, stainless steel appliances, and contemporary cabinetry. Combo washer/dryer, impact windows and much more. The building has a gym, pool, spa, party room, barbecue area, river walk, views everywhere and other great amenities. Don't miss this great opportunity.

Last Agent to Rent the Property

Manuel Madero

London Foster Realty License #3492116 Listed on: 05/27/2023

London Foster Realty

Last Renter's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,032

Year Built

  • Built in 2010

Lot Details

Parking

  • 1 Car Garage
  • Secure Parking

Interior Spaces

  • 967 Sq Ft Home
  • Tile Flooring
  • Door Monitored By TV
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Outdoor Pool

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 7/12/24
  • 12 Months Lease Term
  • Assessor Parcel Number 01-31-34-124-0230

Community Details

Overview

  • No Home Owners Association
  • High-Rise Condominium
  • Terrazas Riverpark Villag Condos
  • Terrazas Riverpark Villag Subdivision

Amenities

  • Full Time Lobby Attendant
  • Sauna
  • Community Center
  • Elevator

Recreation

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Card or Code Access
  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,032

Year Built

Built in 2010

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Maximum 20 Lbs
  • Available Date: 2024-07-12
  • Lease Term: 12 Months

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2010
  • Property Sub Type: Condominium
  • Architectural Style: First Floor Entry, High Rise
  • Directions: 1861 NW S River Dr. Miami, Fl 33125. Next to Sewell Park.
  • Garage Yn: Yes
  • Horses: No
  • Lease Assignable: No
  • New Construction: No
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: TERRAZAS RIVERPARK VILLAG
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Fire Sprinklers, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 967
  • Other Equipment: Elevator
  • Window Features: Clear Impact Glass, Complete Impact Glass, High Impact Windows, Impact Glass

Exterior Features

  • View: River
  • Exterior Features: Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Canal Front, Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: TERRAZAS RIVERPARK VILLAG
  • Covered Parking Spaces: 1
  • Garage Spaces: 1

Utilities

  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Key Card Entry, Building Security, Complex Fenced, Gated with Guard, Lobby Attended, Key/Card Entry Parking, TV Monitor

Condo/Co-op/Association

  • Amenities: Activity Room, Community Pool, Elevator(s), Exercise Room, Guard At Gate, Management On Site, Sauna
  • Association: No

Lot Info

  • Parcel Number: 01-31-34-124-0230
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 4602
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Apr 27, 2022
Sold by
Paisano Springs Limited Partnership
Bought by
Modak Llc
Seller's Agent
Omar Gonzalez
RE/MAX Advance Realty
Buyer's Agent
Manuel Madero
London Foster Realty
List Price
$340,000
Sold Price
$310,000
Premium/Discount to List
-$30,000
-8.82%
Current Estimated Value
$388,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,967
Avg. Annual Appreciation
7.39%

Purchase Details

Closed on
Jul 16, 2014
Sold by
Terrazas Owner Llc
Bought by
Paisano Springs Limited Partnership

Purchase Details

Closed on
Nov 21, 2013
Sold by
Ap Wp Terrazas Llc
Bought by
Terrazas Owner Llc

Purchase Details

Closed on
Oct 13, 2010
Sold by
1861 Nw South River Dr Miami Llc
Bought by
Ap Wp Terrazas Llc
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
Modak Llc $310,000 Zimmett & Zimmett Pa
Paisano Springs Limited Partnership $335,000 Attorney
Terrazas Owner Llc $242,100 Commonwealth Land Title
Ap Wp Terrazas Llc $42,320,600 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2023 09/05/23 Rented $2,950 +3.5% --
08/11/2023 08/11/23 Price Changed $2,850 -3.4% $3 / Sq Ft
06/02/2023 06/02/23 Price Changed $2,950 -4.8% $3 / Sq Ft
05/27/2023 05/27/23 For Rent $3,100 -3.1% --
07/05/2022 07/05/22 Rented $3,200 0.0% --
05/14/2022 05/14/22 For Rent $3,200 0.0% --
05/13/2022 05/13/22 Off Market $3,200 -- --
05/13/2022 05/13/22 Price Changed $3,200 -3.0% $3 / Sq Ft
05/13/2022 05/13/22 For Rent $3,300 0.0% --
04/29/2022 04/29/22 Sold $310,000 -8.8% $321 / Sq Ft
04/15/2022 04/15/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $340,000 0.0% $352 / Sq Ft
03/01/2017 03/01/17 Rented $1,850 -2.6% --
02/14/2017 02/14/17 Price Changed $1,900 -2.6% $2 / Sq Ft
01/27/2017 01/27/17 For Rent $1,950 +5.4% --
03/17/2016 03/17/16 Rented $1,850 0.0% --
03/17/2016 03/17/16 For Rent $1,850 0.0% --
01/15/2015 01/15/15 Rented $1,850 -2.6% --
12/16/2014 12/16/14 Under Contract -- -- --
12/03/2014 12/03/14 For Rent $1,900 -- --
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 $6,032 $276,669 -- --
2024 $5,505 $294,580 -- --
2023 $5,505 $267,800 $0 $0
2022 $4,801 $232,893 $0 $0
2021 $4,582 $215,642 $0 $0
2020 $4,886 $229,406 $0 $0
2019 $4,897 $229,406 $0 $0
2018 $5,523 $263,685 $0 $0
2017 $6,006 $283,532 $0 $0
2016 $6,188 $283,532 $0 $0
2015 $6,004 $270,030 $0 $0
2014 $4,083 $180,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Manuel Madero

    Landlord's Agent in 2023

    Manuel Madero

    London Foster Realty

    (305) 587-9576

    4 in this area

    6 Total Sales

    Manuel Madero
    Section Image

  • N

    Tenant's Agent in 2023

    NON-MLS MEMBER

    MAR NON MLS MEMBER

  • Omar Gonzalez

    Seller's Agent in 2022

    Omar Gonzalez

    RE/MAX

    (786) 580-2551

    3 in this area

    11 Total Sales

    Omar Gonzalez
    Section Image

  • D

    Seller's Agent in 2017

    Dolores Longo

    MMLS Assoc.-Inactive Member

    Section Image

  • M

    Buyer's Agent in 2017

    Maria Mesa Gomez

    MMLS Assoc.-Inactive Member

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About Terrazas Riverpark Village

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11394261

MIAMI REALTORS® MLS

APN: 01-3134-124-0230

Florida Miami/Dade County Miami 33125 North Sewell Park

1861 NW South River Dr Unit 1401, Miami, FL

This home is located at 1861 NW South River Dr Unit 1401, Miami, FL 33125 since 27 May 2023 and is currently priced at $388,967. This property was built in 2010. 1861 NW South River Dr Unit 1401 is a home located in Miami-Dade County with nearby schools including Citrus Grove Elementary School, Citrus Grove Middle School, and Miami Jackson 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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