NOT LISTED FOR SALE

2431 SW 16th Terrace Miami, FL 33145

Coral Way Neighborhood

Estimated Value: $768,000 - $933,000

3 Beds
2 Baths
1,512 Sq Ft
$565/Sq Ft Est. Value

Last Sold May 12, 2014

Last sale price $190,000 $126 Per Sq Ft

Est. 337% increase in value since last sale

Current estimated payment $5,259/month

Highlights

  • No HOA
  • Patio
  • Central Heating and Cooling System
  • Eat-In Kitchen
  • Tile Flooring
  • South Facing Home

About This Home

As of February 2015

Spacious rental duplex 3/2 in central Miami. Well maintained, stainless steel appliances, full size washer & dryer, new windows, big patio with avocado trees, plenty of parking. Electricity and water included.

Last Agent to Rent the Property

Clara Bobes

BHHS EWM Realty License #3144641 Listed on: 01/19/2015

BHHS EWM Realty

Last Renter's Agent

Karla Urdaneta

Realty One Group Evolution License #3252078

Realty One Group Evolution

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,532

Year Built

  • Built in 1925

Lot Details

  • 7,250 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Property is zoned 57/GENER

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,512 Sq Ft Home
  • Blinds
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Microwave

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 1/19/15
  • Assessor Parcel Number 01-41-10-002-1491

Community Details

Overview

  • No Home Owners Association
  • Grapeland Sub Rev Subdivision

Security

  • Complex Is Fenced

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,532

Year Built

Built in 1925

Lot Details

0

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2015-01-19

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1925
  • Property Sub Type: Single Family Residence
  • Garage Yn: No
  • Horses: No
  • Unit Levels: 0
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: GRAPELAND SUB REV
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1512
  • Window Features: Blinds, Other Windows
  • Dining Room Features: Eat-In Kitchen

Exterior Features

  • Roof: Other
  • Exterior Features: Fruit Trees, Other
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: GRAPELAND SUB REV

Utilities

  • Sewer: Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Complex Fenced

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-41-10-002-1491
  • Land Lease Amount Frequency: Monthly
  • Lot Size Sq Ft: 7250
  • Zoning: 57/GENER
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2021
Sold by
Carol Milton and Chavez Johanna M
Bought by
Chavez Johanna M
Current Estimated Value
$830,660

Purchase Details

Listed on
Aug 15, 2013
Closed on
May 12, 2014
Sold by
Fannie Mae
Bought by
Carol Milton and Chavez Johanna M
Seller's Agent
Augustine Leo
Fortune Christie's Intl R.E.
Buyer's Agent
Clara Bobes
BHHS EWM Realty
List Price
$274,900
Sold Price
$190,000
Premium/Discount to List
-$84,900
-30.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.34%

Purchase Details

Closed on
Feb 12, 2013
Sold by
Fife Keilan M
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 15, 2007
Sold by
Gonzalez Enrique and Gonzalez Elisa
Bought by
Fife Keilan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
6.62%
Mortgage Type
Unknown
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
Chavez Johanna M -- Accommodation
Carol Milton $190,000 Attorney
Federal National Mortgage Association $116,100 None Available
Fife Keilan M $450,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carol Milton $241,500
Previous Owner Fife Keilan M $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2015 01/19/15 Rented $2,150 -4.4% --
01/19/2015 01/19/15 For Rent $2,250 0.0% --
05/12/2014 05/12/14 Sold $190,000 -30.9% $126 / Sq Ft
02/24/2014 02/24/14 Pending -- -- --
08/15/2013 08/15/13 For Sale $274,900 -- $182 / 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 $8,532 $333,756 -- --
2024 $7,994 $303,415 -- --
2023 $7,994 $275,832 $0 $0
2022 $7,013 $250,757 $0 $0
2021 $6,478 $227,961 $0 $0
2020 $6,212 $352,837 $268,299 $84,538
2019 $5,647 $309,487 $224,890 $84,597
2018 $4,980 $265,217 $177,820 $87,397
2017 $4,556 $155,702 $0 $0
2016 $4,264 $141,548 $0 $0
2015 $3,621 $128,680 $0 $0
2014 $3,638 $126,906 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A2059773

MIAMI REALTORS® MLS

APN: 01-4110-002-1491