NOT LISTED FOR SALE

1871 NW South River Dr Unit 402 Miami, FL 33125

North Sewell Park Neighborhood

Estimated Value: $388,815 - $459,000

2 Beds
2 Baths
1,021 Sq Ft
$733/mo HOA Fee

Last Sold December 08, 2021

Last sale price $350,000 $343 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,412/month

206 Days on Market

Highlights

  • Community Cabanas
  • River Front
  • High Ceiling
  • Gated with Attendant
  • Clubhouse
  • 1-minute walk to Sewell Park

About This Home

As of December 2021

*Lowest-priced unit over 1,000 sf!*This fabulous 2-story condo is a unique find at the waterfront Terrazas RiverPark Village, featuring incredible 22' ceilings, 2 bedrooms, a den, and 2 full bathrooms, including a bedroom and full bath on the first floor. With its modern appliances, sleek designs, floor-to-ceiling impact windows, and balconies on every area of the condo, you'll know that you're in the heart of Miami! Amenities include a resort style 7th-floor pool deck, gym, outdoor kitchen, rec room, business center, secure garage, and 24-hour security.Enjoy a scenic walk on the lush landscaped, paved walkway outside the Terrazas RiverPark Village overlooking the Miami River! Close to UM Hospital, MIA Airport, Brickell, Downtown Miami, Port of Miami, South Beach, and more!

Last Agent to Sell the Property

Devin Cobb

Keller Williams Elite Realty License #3287724 Listed on: 04/15/2021

Keller Williams Elite Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,204

Year Built

  • Built in 2010

Lot Details

  • River Front

HOA Fees

  • $733 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Guest Parking
  • Assigned Parking

Property Views

  • Water
  • Garden

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 1,021 Sq Ft Home
  • High Ceiling
  • Family Room
  • Den

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Schools

  • Citrus Grove Elementary School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 01-31-34-124-2240

Community Details

Overview

  • Association fees include common areas, insurance, ground maintenance, maintenance structure, parking, pool(s), reserve fund, security, trash, water
  • Terrazas Riverpark Villag Subdivision
  • 27-Story Property

Amenities

  • Clubhouse
  • Business Center
  • Elevator

Recreation

  • Community Cabanas
  • Community Pool
  • Park

Pet Policy

  • Pets Allowed

Security

  • Gated with Attendant
  • Resident Manager or Management On Site
  • Card or Code Access
  • Phone Entry
  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,204

Year Built

Built in 2010

Lot Details

0

HOA Fees

$733 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Off 836 and 17th Ave. on South River Drive, next to Sewell Park. Building 1871. Call tenant from call box (Edgar Perez). 4th floor.
  • Year Built: 2010
  • Entry Level: 4
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: High Ceilings, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 1021.0
  • Dining Room Type: Den, Family Room, Laundry
  • Stories: 27
  • Window Features: Impact Glass

Exterior Features

  • View: Garden, Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: River Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Covered, Garage, Guest, Two or More Spaces

Utilities

  • Security: Gated with Guard, Key Card Entry, Phone Entry, Security Guard, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 733.0
  • Community Features: Clubhouse, Gated, Park, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Business Center, Cabana, Clubhouse, Management, Pool, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Pool(s), Reserve Fund, Security, Trash, Water

Schools

  • Elementary School: Citrus Grove

Lot Info

  • Parcel #: 01-31-34-124-2240
  • Zoning Description: 4602

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4204.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
Dec 6, 2021
Sold by
Onwe Monique S and Hayes Monique S
Bought by
Perez Jean Paul A
Seller's Agent
Devin Cobb
Keller Williams Elite Realty
List Price
$330,000
Sold Price
$350,000
Premium/Discount to List
$20,000
6.06%
Current Estimated Value
$410,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,454
Avg. Annual Appreciation
4.33%

Purchase Details

Closed on
Dec 9, 2015
Sold by
Terrazas Owner Llc
Bought by
Hayes Monique S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

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:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Perez Jean Paul A $350,000 Attorney
Hayes Monique S $366,600 Attorney
Terrazas Owner Llc $258,400 Commonwealth Land Title
Ap Wp Terrazas Llc $42,320,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayes Monique S $311,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2021 12/08/21 Sold $350,000 +6.1% $343 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $330,000 -- $323 / Sq Ft
Source: BeachesMLS

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 $5,898 $296,000 -- --
2024 $5,682 $293,620 -- --
2023 $5,682 $266,928 $0 $0
2022 $5,003 $242,662 $0 $0
2021 $3,887 $224,687 $0 $0
2020 $4,204 $239,029 $0 $0
2019 $4,214 $239,029 $0 $0
2018 $4,876 $274,746 $0 $0
2017 $5,374 $295,426 $0 $0
2016 $6,448 $295,426 $0 $0
2015 $6,226 $249,018 $0 $0
2014 $5,134 $226,380 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10708130

BeachesMLS

APN: 01-3134-124-2240