NOT LISTED FOR SALE

18961 SW 318th Terrace Homestead, FL 33030

Downtown Homestead Neighborhood

Estimated Value: $567,000 - $682,000

4 Beds
3 Baths
2,137 Sq Ft
$284/Sq Ft Est. Value

About This Home

This home is located at 18961 SW 318th Terrace, Homestead, FL 33030 and is currently estimated at $606,894, approximately $283 per square foot. 18961 SW 318th Terrace is a home located in Miami-Dade County with nearby schools including West Homestead K-8 Center, Homestead Middle School, and Arthur And Polly Mays Conservatory Of The Arts.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2021
Sold by
Melendez Mario Jesus and Saravia Jackeline
Bought by
Melendez Mario Jesus
Current Estimated Value
$606,894

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Outstanding Balance
$243,860
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$363,034

Purchase Details

Closed on
Mar 31, 2017
Sold by
D R Horton Inc
Bought by
Sierra Mario Jesus Melendez and Calderon Jose Luis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,271,972
Interest Rate
4.16%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 5, 2016
Sold by
Fvp Mowry Street Llc
Bought by
Dr Horton Inc

Purchase Details

Closed on
Mar 6, 2014
Sold by
Florida Commnity Bank Na
Bought by
Fvp Mowry Street Llc

Purchase Details

Closed on
Mar 13, 2013
Sold by
Riviera Grande Estates Inc
Bought by
Great Florida Bank
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Melendez Mario Jesus $129,100 Accommodation
Sierra Mario Jesus Melendez $276,990 Dhi Title Of Florida Inc
Dr Horton Inc $1,591,000 Attorney
Fvp Mowry Street Llc $770,000 Attorney
Great Florida Bank $50,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melendez Mario Jesus $268,000
Previous Owner Sierra Mario Jesus Melendez $2,271,972
Source: Public Records

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 $8,272 $459,266 $141,427 $317,839
2024 $7,404 $439,534 -- --
2023 $7,404 $399,577 $110,682 $288,895
2022 $6,952 $378,054 $86,086 $291,968
2021 $5,280 $267,848 $0 $0
2020 $5,059 $243,499 $52,266 $191,233
2019 $4,941 $236,166 $49,192 $186,974
2018 $4,588 $235,000 $46,118 $188,882
2017 $4,323 $219,999 $0 $0
2016 $278 $15,372 $0 $0
2015 $367 $15,372 $0 $0
2014 -- $13,837 $0 $0
Source: Public Records

Map

Florida Miami/Dade County Homestead 33030 Downtown Homestead

18961 SW 318th Terrace, Homestead, FL

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