NOT LISTED FOR SALE

Estimated Value: $387,684 - $478,000

2 Beds
2 Baths
1,002 Sq Ft
$719/mo HOA Fee

Last Sold April 28, 2020

Last sale price $298,000 $297 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,371/month

5 Days on Market

Highlights

  • Fitness Center
  • River View
  • Sauna
  • Newly Remodeled
  • Clubhouse
  • 1-minute walk to Sewell Park

About This Home

As of April 2020

Spacious 2/2 condo with enchanting views to the park, Miami Skyline and Terrazas pool. Condo features white porcelain floor throughout , Modern kitchen with stainless steel appliances and granite countertops.

Terrazas condos are located on the Heart of Miami in the exciting Miami River District. Just minutes away to Brickell, Downtown, Wynnwood, Miami airport and South Beach.

Terrazas offer excellent amenities like, oversize pool and cabanas, Jacuzzi tub, BBQ stations, Gym, yoga room, dry sauna, business center and Entertainment room . 24 hours Conscierge and guard on site.

Terrazas condos are located only half mile of River landing. River landing is a brand new shopping center in the Miami River with shops, restaurants and a new Publix.

Very easy to sho! Call today!

Last Agent to Sell the Property

Lydia Del Valle

Miami River Realty License #0681156 Listed on: 03/08/2020

Last Buyer's Agent

Samuel Pongnon

Grand Realty of America, Corp. License #3204158

Grand Realty of America, Corp.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,056

Year Built

  • Built in 2010 | Newly Remodeled

Lot Details

  • East Facing Home

HOA Fees

  • $719 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Deeded Parking
  • Assigned Parking

Property Views

  • Garden

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,002 Sq Ft Home
  • Ceramic Tile Flooring
  • Video Cameras

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 01-31-34-124-1850

Community Details

Overview

  • 324 Units
  • High-Rise Condominium
  • Terrazas Condos
  • Terrazas Riverpark Villag Subdivision
  • 27-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Business Center

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Security Guard
  • Complex Is Fenced
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,056

Year Built

Built in 2010 | Newly Remodeled

Lot Details

0

HOA Fees

$719 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2010
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 8
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: TERRAZAS RIVERPARK VILLAG
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Fire Sprinklers, Split Bedroom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1002
  • Possible Use: Primary
  • Stories: 27
  • Bedroom Features: Other

Exterior Features

  • View: Garden View, River, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: River
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: Terrazas
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered, Deeded

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Electric: Fuse Box
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Complex Fenced, Guard At Site, TV Camera

Condo/Co-op/Association

  • Association Fee: 719
  • Amenities: Barbecue, Business Center, Clubhouse-Clubroom, Exercise Room, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-31-34-124-1850
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 719
  • Number Of Units In Community: 324
  • Number Of Units Total: 220

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5056

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2020
Closed on
Apr 28, 2020
Sold by
Terrazas Owner Llc
Bought by
Vankamamidi Vikram
Seller's Agent
Lydia Del Valle
Miami River Realty
Buyer's Agent
Samuel Pongnon
Grand Realty of America, Corp.
List Price
$319,000
Sold Price
$298,000
Premium/Discount to List
-$21,000
-6.58%
Current Estimated Value
$421,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,421
Avg. Annual Appreciation
6.88%
Original Mortgage
$228,700
Outstanding Balance
$163,386
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$261,963

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
Vankamamidi Vikram $298,000 Attorney
Terrazas Owner Llc $252,300 Commonwealth Land Title
Ap Wp Terrazas Llc $42,320,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vankamamidi Vikram $228,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2020 04/28/20 Sold $298,000 -6.6% $297 / Sq Ft
03/08/2020 03/08/20 For Sale $319,000 -- $318 / 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 $4,486 $273,418 -- --
2024 $4,443 $265,713 -- --
2023 $4,443 $257,974 $0 $0
2022 $4,297 $250,461 $0 $0
2021 $4,927 $231,908 $0 $0
2020 $5,254 $246,711 $0 $0
2019 $5,266 $246,711 $0 $0
2018 $5,755 $283,576 $0 $0
2017 $5,623 $245,968 $0 $0
2016 $5,476 $223,608 $0 $0
2015 $5,083 $203,280 $0 $0
2014 $4,191 $184,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10830438

MIAMI REALTORS® MLS

APN: 01-3134-124-1850