NOT LISTED FOR SALE

2264 SW 16th Terrace Miami, FL 33145

Coral Way Neighborhood

Estimated Value: $977,000 - $1,183,000

4 Beds
2 Baths
2,100 Sq Ft
$524/Sq Ft Est. Value

Last Sold September 27, 2021

Last sale price $800,000 $381 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $7,364/month

Highlights

  • Main Floor Bedroom
  • No HOA
  • Eat-In Kitchen
  • Garden View
  • Den
  • Walk-In Closet

About This Home

As of October 2021

Beautiful well-maintained 4 bedroom 2 bathroom house located in sought after neighborhood! Vinyl flooring greets you as you enter the property and continues throughout the majority of the home. Beautiful kitchen with lots of cabinetry space and granite counter tops. Custom staircase, ensuite marble bathroom. Cedar wood sitting area with completely paved backyard. Conveniently located and minutes away from shopping, parks, schools and other attractions. Owner is a licensed agent. A Beautiful Miami Home.

Last Agent to Rent the Property

Kathrin Rein

Keller Williams Miami Beach License #3249771 Listed on: 09/27/2021

Keller Williams Miami Beach

Last Renter's Agent

Manuel Ingco

Mancarmic Property Management License #3170908

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,352

Year Built

  • Built in 1924

Lot Details

  • 5,450 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 0100

Home Design

  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,100 Sq Ft Home
  • Property has 2 Levels
  • Ceiling Fan
  • Awning
  • Blinds
  • Entrance Foyer
  • Family Room
  • Combination Kitchen and Dining Room
  • Den
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • 2 Car Parking Spaces
  • On-Street Parking
  • Open Parking

Schools

  • Shenandoah Elementary And Middle School
  • Miami Senior High School

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 9/27/21
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 01-41-10-027-0670

Community Details

Overview

  • No Home Owners Association
  • Vedado Subdivision

Security

  • Complex Is Fenced

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,352

Year Built

Built in 1924

Lot Details

0

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2021-09-27
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1924
  • Property Sub Type: Single Family Residence
  • Directions: Please use GPS
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • Lease Assignable: No
  • Unit Levels: 2
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: VEDADO
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Other Equipment/Appliances, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Entrance Foyer, Other, Pantry, Walk-In Closet(s), Den/Library/Office, Family Room, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Other, Tile, Vinyl
  • Furnished: Unfurnished
  • Living Area: 2100
  • Window Features: Awning, Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Dining Room Features: Eat-In Kitchen, Kitchen Dining
  • Living Room Features: Den/Library/Office, Family Room, Utility Room/Laundry

Exterior Features

  • Roof: Concrete
  • View: Garden, Other
  • Exterior Features: Fruit Trees, Other
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: VEDADO
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: 2 Spaces, On Street

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Complex Fenced

Condo/Co-op/Association

  • Amenities: Other
  • Association: No
  • Community Features: None

Schools

  • Elementary School: Shenandoah
  • High School: Miami Senior
  • Middle Or Junior School: Shenandoah

Lot Info

  • Parcel Number: 01-41-10-027-0670
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 5450
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2021
Closed on
Sep 23, 2021
Sold by
Perez Jazer and Hernandez Madelyn
Bought by
Beautiful Miami Llc
Seller's Agent
Kathrin Rein
Keller Williams Miami Beach
Buyer's Agent
Manuel Ingco
Mancarmic Property Management
Sold Price
$5,000
Current Estimated Value
$1,101,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,096,424
Avg. Annual Appreciation
8.59%
Original Mortgage
$600,000
Outstanding Balance
$548,330
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$553,094

Purchase Details

Closed on
Oct 28, 2016
Sold by
Hernandez Madelyn
Bought by
Perez Jazer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2008
Sold by
Federal National Mortgage Association
Bought by
Hernandez Madelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,410
Interest Rate
5.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2008
Sold by
Gonzalez Guillermo R
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Sep 21, 2005
Sold by
Ibanez Ludvick
Bought by
Gonzalez Guillermo R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,500
Interest Rate
5.86%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 20, 2002
Sold by
Juan C Luis I
Bought by
Ibanez Ludvick

Purchase Details

Closed on
Jun 29, 2001
Sold by
Damaso Carrion Jr M and Damaso Mariana Carrion
Bought by
Luis Juan C

Purchase Details

Closed on
Sep 1, 1995
Sold by
Espino Maximo R
Bought by
Carrion Damaso and Carrion Mariana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.76%
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
Beautiful Miami Llc $800,000 Focus Title Group Llc
Perez Jazer $400,000 Prime Resource Title Inc
Hernandez Madelyn $244,900 Watson Title Ins Agency Inc
Federal National Mortgage Association -- None Available
Gonzalez Guillermo R $355,000 --
Ibanez Ludvick $236,000 --
Luis Juan C $175,000 --
Carrion Damaso $161,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beautiful Miami Llc $600,000
Previous Owner Perez Jazer $320,000
Previous Owner Hernandez Madelyn $220,410
Previous Owner Gonzalez Guillermo $100,000
Previous Owner Gonzalez Guillermo R $177,500
Previous Owner Carrion Damaso $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2021 10/16/21 Rented -- -- --
09/27/2021 09/27/21 Sold $800,000 0.0% $290 / Sq Ft
09/27/2021 09/27/21 For Rent $4,800 0.0% --
08/06/2021 08/06/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $820,000 0.0% $297 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
07/21/2021 07/21/21 For Sale $820,000 0.0% $297 / Sq Ft
07/19/2021 07/19/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $820,000 -- $297 / 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 $16,352 $809,799 $436,000 $373,799
2024 $15,546 $778,284 $408,604 $369,680
2023 $15,546 $715,169 $0 $0
2022 $14,163 $650,154 $272,554 $377,600
2021 $3,990 $193,800 $0 $0
2020 $7,353 $351,186 $0 $0
2019 $7,199 $343,291 $182,760 $160,531
2018 $7,063 $342,890 $182,760 $160,130
2017 $7,142 $343,027 $0 $0
2016 $4,983 $216,950 $0 $0
2015 $4,508 $200,181 $0 $0
2014 $4,114 $184,882 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11102844

MIAMI REALTORS® MLS

APN: 01-4110-027-0670