NOT LISTED FOR SALE

3073 SW 16th Terrace Miami, FL 33145

Coral Way Neighborhood

Estimated Value: $700,000 - $1,109,000

4 Beds
2 Baths
2,271 Sq Ft
$413/Sq Ft Est. Value

Last Sold October 03, 2014

Last sale price $287,000 $126 Per Sq Ft

Est. 227% increase in value since last sale

Current estimated payment $5,688/month

67 Days on Market

Highlights

  • Old Spanish Architecture
  • No HOA
  • Tile Flooring
  • Coral Gables Preparatory Academy Rated A-
  • Cooling Available
  • 4-minute walk to Coral Gate Park

About This Home

As of October 2014

BACK ON THE MARKET AND READY TO SELL!! Two story duplex dwelling located in the sought after Lyndale Subdivision in the City of Miami and just 1/2 mile from Coral Gables. Both units have been completely remodeled.

Last Agent to Sell the Property

Marco Marcos

Marcos Select Realty Inc License #3035953 Listed on: 06/01/2014

Last Buyer's Agent

Kenia Lopez

First Service Realty ERA License #3281129

First Service Realty ERA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,517

Year Built

  • Built in 1935

Lot Details

  • 7,187

Parking

  • 5 Parking Spaces

Home Design

  • Duplex
  • Old Spanish Architecture
  • Substantially Remodeled
  • Frame With Stucco
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,271 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $25,800
  • Rent includes trash collection
  • Assessor Parcel Number 01-41-09-033-0142

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Lyndale Addition Condos
  • Lyndale Addition Subdivision

Building Details

  • Operating Expense $7,800
  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,517

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1935
  • Property Sub Type: Duplex
  • Architectural Style: Old Spanish
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: LYNDALE ADDITION
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Interior Amenities: Stairs
  • Flooring: Tile
  • Living Area: 2271
  • Possible Use: Unknown/Withheld
  • Stories: 2

Exterior Features

  • Roof: Shingle
  • Construction Type: Frame, Frame With Stucco
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: LYNDALE ADDITION
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-09-033-0142
  • Zoning: 57/GENER
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Trash Collection

Multi Family

  • Net Operating Income: 18000
  • Number Of Units In Community: 4
  • Annual Operating Expense: 7800
  • Total Actual Rent: 25800

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 4517

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2014
Closed on
Oct 3, 2014
Sold by
Garcia Celestina and Sanchez Trinidad
Bought by
Schall Anthony D and Schall Wendy C
Seller's Agent
Marco Marcos
Marcos Select Realty Inc
Buyer's Agent
Kenia Lopez
First Service Realty ERA
List Price
$299,000
Sold Price
$287,000
Premium/Discount to List
-$12,000
-4.01%
Current Estimated Value
$937,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$650,812
Avg. Annual Appreciation
10.55%
Original Mortgage
$229,600
Outstanding Balance
$177,416
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$684,063
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
Schall Anthony D $287,000 First Service Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schall Anthony D $229,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2014 10/03/14 Sold $287,000 -4.0% $126 / Sq Ft
08/07/2014 08/07/14 Pending -- -- --
06/01/2014 06/01/14 For Sale $299,000 -- $132 / 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 $8,299 $420,494 -- --
2024 $7,866 $391,423 -- --
2023 $7,866 $365,107 $0 $0
2022 $7,194 $340,436 $0 $0
2021 $6,624 $317,760 $0 $0
2020 $6,667 $323,166 $0 $0
2019 $6,398 $323,544 $0 $0
2018 $5,911 $306,900 $0 $0
2017 $5,528 $262,186 $0 $0
2016 $5,252 $246,824 $0 $0
2015 $5,048 $234,290 $0 $0
2014 $4,718 $174,535 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marco Marcos

    Seller's Agent in 2014

    Marco Marcos

    Marcos Select Realty Inc

    (305) 562-6441

    19 Total Sales

    Marco Marcos
    Section Image
  • Kenia Lopez

    Buyer's Agent in 2014

    Kenia Lopez

    First Service Realty ERA

    (305) 978-7579

    1 in this area

    49 Total Sales

    Kenia Lopez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1957352

MIAMI REALTORS® MLS

APN: 01-4109-033-0142

Florida Miami/Dade County Miami 33145 Coral Way

3073 SW 16th Terrace, Miami, FL

This home is located at 3073 SW 16th Terrace, Miami, FL 33145 since 01 June 2014 and is currently estimated at $937,812, approximately $412 per square foot. This property was built in 1935. 3073 SW 16th Terrace 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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