NOT LISTED FOR SALE

Terrazas Riverpark Village 1861 NW South River Dr Unit TH409 Miami, FL 33125

North Sewell Park Neighborhood

Estimated Value: $165,511,056

2 Beds
2 Baths
1,490 Sq Ft
$111,081/Sq Ft Est. Value

Last Sold December 12, 2018

Last sale price $360,000 $242 Per Sq Ft

Est. 45,875% increase in value since last sale

Current estimated payment $1,061,195/month

53 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Newly Remodeled
  • Community Cabanas
  • Private Guards
  • 1-minute walk to Sewell Park

About This Home

As of December 2018

EASY TO SHOW!!! Amazing modern model corner Town-home 2Bed + Den + 2Bath with stunning views of the Miami River, Marinas, Park and boardwalk. Spacious kitchen with SS appliances, washer/dryer, big balcony and 2 parking spaces assigned!!! Buyer will get 2 YEARS OF HOA & TAXES paid by Seller. Additionally Seller is giving buyer an extra discount that will drop down listing price!!! Terrazas Miami offer great amenities with oversize pool, gym, summer grill barbecue, party room, business center and more! Minutes away from the airport, Downtown, Brickell, Midtown, Wynwood, beaches and major expressways !!! WON'T LAST, CALL NOW !!!

Last Agent to Sell the Property

Andrea Trujillo Visbal

RE/MAX Advance Realty II License #3261133 Listed on: 08/10/2018

RE/MAX Advance Realty II

Co-Listed By

Ana maria Sierra

Douglas Elliman License #3264426

Last Buyer's Agent

Javier Borrero

Real Estate Investments by Borrero Corp License #3094341

Real Estate Investments by Borrero Corp

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2010 | Newly Remodeled

HOA Fees

  • $841 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Secured Garage or Parking

Property Views

  • Garden

Home Design

  • Split Level Home
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,490 Sq Ft Home
  • Vaulted Ceiling
  • Formal Dining Room
  • Open Floorplan
  • Den
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Grill

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-31-34-124-0001

Community Details

Overview

  • 324 Units
  • Terrazas Miami Condos
  • Terrazas Riverpark Village,Terrazas Miami Subdivision, River Tower Floorplan
  • 27-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Clubhouse
  • Business Center
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Security

  • Private Guards
  • Security Service
  • Complex Is Fenced
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Year Built

Built in 2010 | Newly Remodeled

Lot Details

0

HOA Fees

$841 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2010
  • Property Sub Type: Townhouse
  • Architectural Style: Corner Unit, Split Level
  • Co List Office Mls Id: RECL01
  • Co List Office Phone: 305-614-3100
  • Entry Level: 4
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Master Model: RIVER TOWER
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse
  • Subdivision Name: TERRAZAS RIVERPARK VILLAGE,TERRAZAS MIAMI
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Fire Sprinklers, Other, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Den/Library/Office
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 1490
  • Possible Use: Investment
  • Stories: 27
  • Bedroom Features: Primary Bedroom Upstairs, Other
  • Dining Room Features: Breakfast Area, Dining/Living Room, Formal Dining, Kitchen Dining, Other
  • Living Room Features: Den/Library/Office

Exterior Features

  • View: Garden View, Other View, River, Water View
  • Exterior Features: Other, Barbeque, Open Balcony
  • Construction Type: CBS Construction
  • 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 MIAMI
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Fire Alarm, Smoke Detector, Complex Fenced, Doorman, Secured Garage/Parking, Other, Private Guards, Security Patrol

Condo/Co-op/Association

  • Association Fee: 841
  • Amenities: Barbecue, Business Center, Cabana, Clubhouse-Clubroom, Elevator(s), Exercise Room, Other, Pool, Sauna, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-31-34-124-0001
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Number Of Units In Community: 324

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 710488

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2021
Sold by
Demello Chaves De Aragao Anita Maron
Bought by
Lawrence Reinier and Lawrence Amy
Current Estimated Value
$165,511,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,750
Outstanding Balance
$126,439
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$165,618,313

Purchase Details

Closed on
Apr 12, 2010
Sold by
Windmoor Project Llc
Bought by
1861 Nw South River Drive Miami Llc

Purchase Details

Closed on
Dec 2, 1997
Sold by
New Dodge Management Corp
Bought by
Windmoor Healthcare Of Miami Inc
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
Lawrence Reinier $185,000 Best Practices Title Llc
1861 Nw South River Drive Miami Llc $45,000,000 First American Title
Windmoor Healthcare Of Miami Inc $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lawrence Reinier $138,750
Previous Owner Rivas Amaya Margaret $450,000
Previous Owner Betancur Marleny $138,000
Previous Owner Windmoor Project Llc $84,500,000
Previous Owner Windmoor Project Llc $6,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2018 12/12/18 Sold $360,000 -30.5% $242 / Sq Ft
10/01/2018 10/01/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $517,950 -- $348 / 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 -- -- -- --
2024 -- -- -- --
2023 -- -- -- --
2022 -- -- -- --
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2018

    Andrea Trujillo Visbal

    RE/MAX

    (305) 610-8626

    1 in this area

    3 Total Sales

    Andrea Trujillo Visbal
    Section Image
  • Ana maria Sierra

    Seller Co-Listing Agent in 2018

    Ana maria Sierra

    Douglas Elliman

    (954) 319-1528

    1 in this area

    12 Total Sales

    Ana maria Sierra
    Section Image

  • J

    Buyer's Agent in 2018

    Javier Borrero

    Real Estate Investments by Borrero Corp

    (305) 598-5488

    1 in this area

    14 Total Sales

    Javier Borrero
    Section Image
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About Terrazas Riverpark Village

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10519233

MIAMI REALTORS® MLS

APN: 01-3134-124-0001

Florida Miami/Dade County Miami 33125 North Sewell Park

1861 NW South River Dr Unit TH409, Miami, FL

This home is located at 1861 NW South River Dr Unit TH409, Miami, FL 33125 since 10 August 2018 and is currently estimated at $165,511,056, approximately $111,081 per square foot. This property was built in 2010. 1861 NW South River Dr Unit TH409 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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