NOT LISTED FOR SALE

2800 SW 16th Terrace Miami, FL 33145

Coral Way Neighborhood

Estimated Value: $698,000 - $905,586

5 Beds
3 Baths
1,813 Sq Ft
$441/Sq Ft Est. Value

Last Sold March 21, 2019

Last sale price $339,000 $187 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $5,183/month

59 Days on Market

Highlights

  • Guest House
  • Maid or Guest Quarters
  • No HOA
  • Coral Gables Preparatory Academy Rated A-
  • Garden View
  • Circular Driveway

About This Home

As of March 2019

GREAT SINGLE FAMILY HOME, with a detached in law quarter. Property has new roof and is partially updated in a amazing location. The property is currently rented for $3,000.00 with 9 months remaining in the lease .

Last Agent to Sell the Property

Abiel Ballesteros

United Dream Real Estate License #3194299 Listed on: 12/11/2018

Co-Listed By

Ruby Moros

United Dream Real Estate License #3350274

Last Buyer's Agent

Mariela Milian

Sterling Property Group Inc License #3145508

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,151

Year Built

  • Built in 1924

Lot Details

  • 7,050 Sq Ft Lot
  • North Facing Home
  • Property is zoned 5700

Home Design

  • Frame With Stucco
  • Shingle Roof

Interior Spaces

  • 1,813 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Garden Views
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Parking

  • 4 Carport Spaces
  • Circular Driveway
  • Open Parking

Additional Homes

  • Guest House
  • One Bathroom Guest House

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Club Membership Available
  • Grapeland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-10-002-2450

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,151

Year Built

Built in 1924

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1924
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Co List Office Mls Id: UDRE01
  • Co List Office Phone: 305-901-5331
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: GRAPELAND
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_GuestHouseDescription: 1 Bath
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Other, Separate Guest/In-Law Quarters, Maid/In-Law Quarters
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1813
  • Possible Use: Primary
  • Bedroom Features: Primary Bedroom Ground Level, Other
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Separate Guest/In-Law Quarters, Guest House, Maid/In-Law Quarters

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Exterior Features: Other
  • Construction Type: Frame With Stucco, Other
  • Direction Faces: North
  • Lot Features: Less Than 1/4 Acre Lot
  • Other Structures: Guest House
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: GRAPELAND
  • Carport Spaces: 4
  • Covered Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Slab/Strip

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: Other Membership Available

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-10-002-2450
  • Lot Size Sq Ft: 7050
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5151

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2018
Closed on
Mar 21, 2019
Sold by
Cm1 Properties Llc
Bought by
Dade Partners Llc
Seller's Agent
Abiel Ballesteros
United Dream Real Estate
Buyer's Agent
Mariela Milian
Sterling Property Group Inc
List Price
$379,000
Sold Price
$339,000
Premium/Discount to List
-$40,000
-10.55%
Current Estimated Value
$799,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$460,647
Avg. Annual Appreciation
14.04%
Original Mortgage
$215,000
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 24, 2015
Sold by
Concession Management Llc
Bought by
Cm1 Properties Llc

Purchase Details

Listed on
Jan 29, 2015
Closed on
Mar 24, 2015
Sold by
Dal Rehab Investments Corp
Bought by
Concession Management Llc
Seller's Agent
Raphael Cervera
Amistad Real Estate
Buyer's Agent
Raphael Cervera
Amistad Real Estate
List Price
$171,700
Sold Price
$171,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.71%
Original Mortgage
$150,000
Interest Rate
3.87%
Mortgage Type
Unknown

Purchase Details

Listed on
Jan 29, 2015
Closed on
Mar 23, 2015
Sold by
The Bank Of New York Mellon
Bought by
Dal Rehab Investments Corp
Seller's Agent
Raphael Cervera
Amistad Real Estate
Buyer's Agent
Raphael Cervera
Amistad Real Estate
List Price
$171,700
Sold Price
$171,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.87%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 31, 2014
Sold by
Pradere Jose I
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Oct 31, 2005
Sold by
Camis Roberto and Camis Sonia
Bought by
Pradere Jose I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 9, 2004
Sold by
Gonzalez Reidy
Bought by
Camis Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,200
Interest Rate
5.92%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 20, 2003
Sold by
Grillone Michelle Vanessa and Grillone Carlos
Bought by
Gonzalez Reidy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,500
Interest Rate
8.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 5, 1996
Sold by
Gordon Hazel J and Gordon Harry L
Bought by
Grillone Michelle and Grillone Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,000
Interest Rate
8.17%
Mortgage Type
New Conventional
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
Dade Partners Llc $339,000 Attorney
Cm1 Properties Llc -- Superior Title South Fl Inc
Concession Management Llc -- Superior Title Of South Flor
Dal Rehab Investments Corp $170,000 None Available
The Bank Of New York Mellon $150,100 None Available
Pradere Jose I $360,000 --
Camis Roberto $260,000 --
Gonzalez Reidy $276,000 --
Grillone Michelle $167,500 --
Grillone Michelle $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dade Partners Llc $215,000
Closed Dade Partners Llc $215,000
Previous Owner Dal Rehab Investments Corp $150,000
Previous Owner Concession Management Llc $150,000
Previous Owner Pradere Jose I $335,000
Previous Owner Pradere Jose I $324,000
Previous Owner Camis Roberto $12,000
Previous Owner Camis Roberto $252,200
Previous Owner Gonzalez Reidy $192,500
Previous Owner Grillone Michelle $134,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2019 03/21/19 Sold $339,000 -5.6% $187 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
01/08/2019 01/08/19 Price Changed $359,000 -5.3% $198 / Sq Ft
12/07/2018 12/07/18 For Sale $379,000 0.0% $209 / Sq Ft
07/08/2018 07/08/18 Rented $3,000 0.0% --
06/24/2018 06/24/18 For Rent $3,000 0.0% --
03/18/2015 03/18/15 Sold $171,700 0.0% $103 / Sq Ft
02/06/2015 02/06/15 Pending -- -- --
01/29/2015 01/29/15 For Sale $171,700 -- $103 / 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 $10,002 $475,336 -- --
2024 $9,362 $432,124 -- --
2023 $9,362 $392,840 $0 $0
2022 $8,272 $357,128 $0 $0
2021 $7,658 $324,662 $260,850 $63,812
2020 $7,675 $324,680 $260,850 $63,830
2019 $7,119 $309,076 $218,550 $90,526
2018 $6,326 $265,715 $172,725 $92,990
2017 $5,505 $221,316 $0 $0
2016 $5,151 $201,197 $0 $0
2015 $3,737 $133,868 $0 $0
2014 $3,626 $123,075 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10582697

MIAMI REALTORS® MLS

APN: 01-4110-002-2450