NOT LISTED FOR SALE

2331 SW 16th Terrace Miami, FL 33145

Coral Way Neighborhood

Estimated Value: $841,000 - $1,148,000

4 Beds
3 Baths
2,010 Sq Ft
$507/Sq Ft Est. Value

Last Sold March 31, 2021

Last sale price $585,000 $291 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $6,343/month

305 Days on Market

Highlights

  • Garden View
  • No HOA
  • Concrete Block With Brick
  • Attic
  • High Impact Door
  • Ceramic Tile Flooring

About This Home

As of March 2021

2010 SF OF BEAUTIFUL HOME IN A QUIET NEIGHBORHOOD. 4 BEDS 3 FULL BATHS WITH TWO MASTER BEDROOMS, SECOND MASTER BEDROOM COULD BE A SEPARATE ONE BEDROOM APARTMENT TO BE RENTED, AS A GUEST HOUSE, OR FOR PARENTS PRIVACY. THE HOUSE HAS BRAND NEW SUPER LARGE HIGH-END PORCELAIN FLOORING, NEW BATHROOMS AND KITCHEN, VERY NICE BACKYARD AND COVERED PATIO.

Last Agent to Sell the Property

Victor Suarez

MMLS Assoc.-Inactive Member License #3310754 Listed on: 04/15/2020

Last Buyer's Agent

Nathalie Wright

Real Estate Sales Force License #3291769

Real Estate Sales Force

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,065

Year Built

  • Built in 1969

Lot Details

  • South Facing Home
  • Property is zoned 0100

Parking

  • 4 Car Garage
  • Driveway
  • Open Parking

Home Design

  • Concrete Block With Brick
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,010 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Garden Views
  • High Impact Door
  • Dryer
  • Attic

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Vedado Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-10-027-0351

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,065

Year Built

Built in 1969

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Year Built: 1969
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: VEDADO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave
  • Interior Amenities: First Floor Entry, Attic
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 2010
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Attic

Exterior Features

  • Roof: Other
  • View: Garden, Other
  • Construction Type: Concrete Block With Brick, CBS Construction
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: VEDADO
  • Covered Parking Spaces: 4
  • Garage Spaces: 4
  • Open Parking: Yes
  • Parking Features: Covered, Driveway

Utilities

  • Sewer: Other
  • Water Source: Other
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-10-027-0351
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2020
Closed on
Mar 31, 2021
Sold by
New World Flipping Llc
Bought by
Ducoin Emmanuel and Ducoin Elena
Seller's Agent
Victor Suarez
MMLS Assoc.-Inactive Member
Buyer's Agent
Nathalie Wright
Real Estate Sales Force
List Price
$640,000
Sold Price
$585,000
Premium/Discount to List
-$55,000
-8.59%
Current Estimated Value
$1,018,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$433,565
Avg. Annual Appreciation
13.05%
Original Mortgage
$485,000
Outstanding Balance
$437,896
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$580,669

Purchase Details

Listed on
Aug 23, 2019
Closed on
Nov 20, 2019
Sold by
Martinez Raquel H and Gutierrez Herminia Ana Martinez
Bought by
New World Flipping Llc
Seller's Agent
Estrella Martin
NuFront International Realty
Buyer's Agent
Victor Suarez
MMLS Assoc.-Inactive Member
List Price
$440,000
Sold Price
$410,000
Premium/Discount to List
-$30,000
-6.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.87%
Original Mortgage
$409,472
Interest Rate
3.6%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Ducoin Emmanuel $585,000 Fortuna Title Ins Agcy Inc
New World Flipping Llc $410,000 Flamingo Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ducoin Emmanuel $485,000
Previous Owner New World Flipping Llc $409,472
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2021 03/31/21 Sold $585,000 -2.5% $291 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
02/04/2021 02/04/21 Price Changed $600,000 -3.2% $299 / Sq Ft
01/27/2021 01/27/21 Price Changed $620,000 -0.8% $308 / Sq Ft
11/29/2020 11/29/20 Price Changed $625,000 +8.7% $311 / Sq Ft
10/27/2020 10/27/20 Price Changed $575,000 -11.5% $286 / Sq Ft
10/09/2020 10/09/20 Price Changed $650,000 +9.2% $323 / Sq Ft
09/13/2020 09/13/20 Price Changed $595,000 -2.5% $296 / Sq Ft
08/30/2020 08/30/20 Price Changed $610,000 -4.7% $303 / Sq Ft
07/20/2020 07/20/20 Price Changed $640,000 0.0% $318 / Sq Ft
07/20/2020 07/20/20 For Sale $640,000 +9.4% $318 / Sq Ft
07/11/2020 07/11/20 Off Market $585,000 -- --
07/11/2020 07/11/20 For Sale $550,000 -6.0% $274 / Sq Ft
06/08/2020 06/08/20 Off Market $585,000 -- --
06/06/2020 06/06/20 For Sale $550,000 -6.0% $274 / Sq Ft
05/15/2020 05/15/20 Off Market $585,000 -- --
04/24/2020 04/24/20 Price Changed $550,000 -4.3% $274 / Sq Ft
04/14/2020 04/14/20 For Sale $575,000 +40.2% $286 / Sq Ft
11/22/2019 11/22/19 Sold $410,000 -2.4% $204 / Sq Ft View Prior Sale
10/22/2019 10/22/19 Pending -- -- --
10/13/2019 10/13/19 Price Changed $420,000 -4.5% $209 / Sq Ft
08/23/2019 08/23/19 For Sale $440,000 -- $219 / 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 $11,065 $591,793 -- --
2024 $11,095 $575,115 -- --
2023 $11,095 $563,123 $354,184 $208,939
2022 $10,361 $484,147 $272,554 $211,593
2021 $8,081 $362,474 $234,460 $128,014
2020 $7,527 $335,585 $207,250 $128,335
2019 $5,485 $312,191 $182,760 $129,431
2018 $2,929 $164,681 $0 $0
2017 $2,891 $161,294 $0 $0
2016 $2,898 $157,977 $0 $0
2015 $2,925 $156,879 $0 $0
2014 $2,952 $155,634 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2021

    Victor Suarez

    MMLS Assoc.-Inactive Member

    Section Image
  • Nathalie Wright

    Buyer's Agent in 2021

    Nathalie Wright

    Real Estate Sales Force

    (305) 705-5484

    1 in this area

    2 Total Sales

    Nathalie Wright
    Section Image
  • Estrella Martin

    Seller's Agent in 2019

    Estrella Martin

    NuFront International Realty

    (305) 207-7356

    39 Total Sales

    Estrella Martin
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10845571

MIAMI REALTORS® MLS

APN: 01-4110-027-0351

Florida Miami/Dade County Miami 33145 Coral Way

2331 SW 16th Terrace, Miami, FL

This home is located at 2331 SW 16th Terrace, Miami, FL 33145 since 15 April 2020 and is currently estimated at $1,018,565, approximately $506 per square foot. This property was built in 1969. 2331 SW 16th Terrace is a home located in Miami-Dade County with nearby schools including Shenandoah Elementary School, Shenandoah Middle School, and Miami 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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