NOT LISTED FOR SALE

Terrazas Riverpark Village 1861 NW South River Dr Unit TH408 Miami, FL 33125

North Sewell Park Neighborhood

Estimated Value: $500,000 - $662,000

2 Beds
2 Baths
1,382 Sq Ft
$1,223/mo HOA Fee

Last Sold May 31, 2023

Last sale price $535,000 $387 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,117/month

61 Days on Market

Highlights

  • Fitness Center
  • River View
  • Vaulted Ceiling
  • Newly Remodeled
  • Home fronts a canal
  • 1-minute walk to Sewell Park

About This Home

As of May 2023

Beautifully appointed and furnished TOWNHOUSE in a full service building on the Miami River. Residence features 2 Bedrooms plus Den and two full baths, Master bedroom with its own balcony and Den located on the second level offering privacy. From the moment you enter you are enveloped by the peaceful view which overlooks the Park and Miami River. Residence comes with porcelain floor, modern kitchen with stainless steel appliances, washer and dryer in the unit. Building offers Pool, Gym, BBQ area and relaxing common areas. One of the few units with two assigned and covered parking spaces plus extra storage space. Easy access to major highways. Minutes from Brickell, beaches and Miami International Airport. Great for investor unit rented at $3700 per month through April 2024.

Last Agent to Sell the Property

Wendy Mendoza

Cayhill Dumott Realty LLC License #3391020 Listed on: 03/30/2023

Last Buyer's Agent

Valaree Byrne

BHHS EWM Realty License #0591383

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,601

Year Built

  • Built in 2010 | Newly Remodeled

Lot Details

  • North Facing Home

HOA Fees

  • $1,223 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Split Level Home
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,382 Sq Ft Home
  • Furnished
  • Vaulted Ceiling
  • Blinds
  • Den
  • Tile Flooring

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

Outdoor Features

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 01-31-34-124-0120

Community Details

Overview

  • Mid-Rise Condominium
  • Terrazas River Park Villa Condos
  • Terrazas Riverpark Villag Subdivision
  • 6-Story Property

Recreation

Pet Policy

  • Pets Allowed

Security

  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,601

Year Built

Built in 2010 | Newly Remodeled

Lot Details

0

HOA Fees

$1,223 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2010
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Split Level
  • Entry Level: 4
  • 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: Dishwasher, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Den/Library/Office
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 1382
  • Possible Use: Investment
  • Stories: 6
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Upstairs
  • Living Room Features: Den/Library/Office

Exterior Features

  • View: River, Water View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Terrazas River Park Villa
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association Fee: 1223
  • Amenities: Exercise Room
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-31-34-124-0120
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6601

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2023
Closed on
May 30, 2023
Sold by
Martinez Dario
Bought by
Stewart Douglas Neal and Carrell Alan Lee
Seller's Agent
Wendy Mendoza
Cayhill Dumott Realty LLC
Buyer's Agent
Valaree Byrne
BHHS EWM Realty
List Price
$525,000
Sold Price
$535,000
Premium/Discount to List
$10,000
1.9%
Views
94
Current Estimated Value
$590,170

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,170
Avg. Annual Appreciation
3.47%

Purchase Details

Closed on
Oct 7, 2021
Sold by
Saez Juan A Rodriguez
Bought by
Martinez Dario

Purchase Details

Closed on
Apr 1, 2015
Sold by
Terrazas Owner Llc
Bought by
Saez Juan A Rodriguez

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
Stewart Douglas Neal $535,000 None Listed On Document
Martinez Dario $295,000 Attorney
Saez Juan A Rodriguez $459,500 None Available
Terrazas Owner Llc $338,800 Commonwealth Land Title
Ap Wp Terrazas Llc $42,320,600 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2023 05/31/23 Sold $535,000 +1.9% $387 / Sq Ft
03/30/2023 03/30/23 For Sale $525,000 -- $380 / 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
2024 $7,497 $449,190 -- --
2023 $7,497 $352,210 $0 $0
2022 $6,601 $320,191 $0 $0
2021 $6,299 $296,473 $0 $0
2020 $6,717 $315,397 $0 $0
2019 $6,733 $315,397 $0 $0
2018 $7,593 $362,525 $0 $0
2017 $8,258 $389,812 $0 $0
2016 $8,508 $389,812 $0 $0
2015 $6,807 $272,250 $0 $0
2014 $5,613 $247,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Wendy Mendoza

    Seller's Agent in 2023

    Wendy Mendoza

    Cayhill Dumott Realty LLC

    (305) 318-8557

    1 in this area

    29 Total Sales

    Wendy Mendoza
    Section Image
  • Valaree Byrne

    Buyer's Agent in 2023

    Valaree Byrne

    BHHS EWM Realty

    (305) 323-6231

    1 in this area

    112 Total Sales

    Valaree Byrne
    Section Image
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About Terrazas Riverpark Village

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11364158

MIAMI REALTORS® MLS

APN: 01-3134-124-0120

Florida Miami/Dade County Miami 33125 North Sewell Park

1861 NW South River Dr Unit TH408, Miami, FL

This home is located at 1861 NW South River Dr Unit TH408, Miami, FL 33125 since 30 March 2023 and is currently estimated at $590,170, approximately $427 per square foot. This property was built in 2010. 1861 NW South River Dr Unit TH408 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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