NOT LISTED FOR SALE

2975 SW 16th Ter 2 Miami, FL 33145

Coral Way Neighborhood

Estimated Value: $222,000 - $288,000

1 Bed
1 Bath
424 Sq Ft
$580/Sq Ft Est. Value

Last Sold May 12, 2021

Last sale price $118,600 $280 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,541/month

183 Days on Market

Highlights

  • No HOA
  • Walk-In Closet
  • Ceramic Tile Flooring
  • Coral Gables Preparatory Academy Rated A-
  • Patio
  • 1-Story Property

About This Home

As of May 2021

This is an AUCTION. Investment opportunity available. This home offers 1 bedroom, 1 bath , living and dining area. Work and repairs are needed to ready this home, paint, ceiling damage and possible new roof is needed. Take a look today and see the potential.

Last Agent to Sell the Property

Andrea Butcher Thomas

Realhome Service & Solutions I License #3396490 Listed on: 10/21/2020

Last Buyer's Agent

MAR NON-MEMBER

NO MLS PARTICIPATION (MAR) License #0

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,353

Year Built

  • Built in 1925

Lot Details

  • 958 Sq Ft Lot
  • South Facing Home
  • Property is zoned 5700

Home Design

  • Shingle Roof

Interior Spaces

  • 424 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • Driveway
  • Open Parking

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Grapeland Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-10-002-2054

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,353

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1925
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: Head south on SW 30th Ave,At the roundabout, take the 1st exit onto SW 16th Terrace, Destination will be on the left.
  • 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_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4180

Interior Features

  • Interior Amenities: Walk-In Closet(s), Other
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 424
  • Other Equipment: No Equipment
  • Possible Use: Unknown/Withheld
  • Bedroom Features: Entry Level
  • Living Room Features: Other

Exterior Features

  • Roof: Shingle
  • View: None
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: GRAPELAND
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Community Features: Other

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-10-002-2054
  • Lot Size Sq Ft: 958
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 1353

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
May 4, 2021
Sold by
Wells Fargo Bank N A
Bought by
Sama Surender Reddy and Sam Cloud Corporation
Seller's Agent
Andrea Butcher Thomas
Realhome Service & Solutions I
Buyer's Agent
MAR NON-MEMBER
NO MLS PARTICIPATION (MAR)
List Price
$149,500
Sold Price
$118,600
Premium/Discount to List
-$30,900
-20.67%
Current Estimated Value
$246,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$127,478
Avg. Annual Appreciation
18.55%
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
Sama Surender Reddy $118,600 Premium Title Svcs Fl Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mandri Maria Elena $53,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2021 05/12/21 Sold $118,600 -15.0% $280 / Sq Ft
03/25/2021 03/25/21 Price Changed $139,500 -6.7% $329 / Sq Ft
02/16/2021 02/16/21 Price Changed $149,500 0.0% $353 / Sq Ft
02/16/2021 02/16/21 For Sale $149,500 +26.1% $353 / Sq Ft
02/16/2021 02/16/21 Off Market $118,600 -- --
01/15/2021 01/15/21 Price Changed $159,500 -4.7% $376 / Sq Ft
12/30/2020 12/30/20 Price Changed $167,400 -6.7% $395 / Sq Ft
12/29/2020 12/29/20 For Sale $179,500 +51.3% $423 / Sq Ft
12/27/2020 12/27/20 Off Market $118,600 -- --
12/10/2020 12/10/20 For Sale $179,500 +51.3% $423 / Sq Ft
12/04/2020 12/04/20 Off Market $118,600 -- --
11/25/2020 11/25/20 Price Changed $179,500 0.0% $423 / Sq Ft
11/25/2020 11/25/20 For Sale $179,500 +51.3% $423 / Sq Ft
11/23/2020 11/23/20 Off Market $118,600 -- --
11/16/2020 11/16/20 For Sale $190,800 +60.9% $450 / Sq Ft
11/09/2020 11/09/20 Off Market $118,600 -- --
11/03/2020 11/03/20 For Sale $190,800 +60.9% $450 / Sq Ft
10/25/2020 10/25/20 Off Market $118,600 -- --
10/21/2020 10/21/20 For Sale $190,800 -- $450 / 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 $2,400 $109,157 -- --
2024 $2,031 $99,234 -- --
2023 $2,031 $78,581 $0 $0
2022 $1,853 $71,438 $40,236 $31,202
2021 $1,634 $59,044 $35,446 $23,598
2020 $1,638 $59,044 $35,446 $23,598
2019 $1,353 $53,296 $29,698 $23,598
2018 $1,241 $47,856 $23,471 $24,385
2017 $1,158 $34,446 $0 $0
2016 $1,109 $31,315 $0 $0
2015 $1,013 $28,469 $0 $0
2014 $1,018 $28,121 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrea Butcher Thomas

    Seller's Agent in 2021

    Andrea Butcher Thomas

    Realhome Service & Solutions I

    (770) 962-0487

    1 in this area

    567 Total Sales

    Andrea Butcher Thomas
    Section Image

  • M

    Buyer's Agent in 2021

    MAR NON-MEMBER

    NO MLS PARTICIPATION (MAR)

    3 in this area

    599 Total Sales

    MAR NON-MEMBER
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10946444

MIAMI REALTORS® MLS

APN: 01-4110-002-2054

Florida Miami/Dade County Miami 33145 Coral Way

2975 SW 16th Ter 2, Miami, FL

This home is located at 2975 SW 16th Ter 2, Miami, FL 33145 since 21 October 2020 and is currently estimated at $246,078, approximately $580 per square foot. This property was built in 1925. 2975 SW 16th Ter 2 is a home located in Miami-Dade County with nearby schools including Coral Gables Preparatory Academy, Ponce de Leon Middle School, and Coral Gables 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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