NOT LISTED FOR SALE

2400 SW 16th Terrace Miami, FL 33145

Coral Way Neighborhood

Estimated Value: $680,000 - $1,144,000

5 Beds
3 Baths
2,241 Sq Ft
$400/Sq Ft Est. Value

About This Home

This home is located at 2400 SW 16th Terrace, Miami, FL 33145 and is currently estimated at $897,054, approximately $400 per square foot. 2400 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2022
Sold by
Romero Armando and Romero Nelida V
Bought by
Armando F Romero Living Trust
Current Estimated Value
$897,054

Purchase Details

Closed on
Jul 29, 1994
Sold by
Triana Ponciano J and Triana Bernardina
Bought by
Romero Armando and Romero Nelida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.53%
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
Armando F Romero Living Trust -- --
Romero Armando $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Romero Armando $80,000
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 $11,498 $511,556 -- --
2024 $13,598 $465,051 -- --
2023 $13,598 $422,774 $0 $0
2022 $9,585 $384,340 $0 $0
2021 $8,806 $349,400 $0 $0
2020 $8,390 $438,900 $296,956 $141,944
2019 $7,657 $391,336 $248,766 $142,570
2018 $6,792 $341,786 $196,668 $145,118
2017 $6,269 $238,646 $0 $0
2016 $5,904 $216,951 $0 $0
2015 $5,145 $197,229 $0 $0
2014 $4,996 $183,453 $0 $0
Source: Public Records

Map

Florida Miami/Dade County Miami 33145 Coral Way

2400 SW 16th Terrace, Miami, FL

This home is located at 2400 SW 16th Terrace, Miami, FL 33145 and is currently estimated at $897,054, approximately $400 per square foot. 2400 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.

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