NOT LISTED FOR SALE

3073 SW 16th Terrace Miami, FL 33145

Coral Way Neighborhood

Estimated Value: $712,000 - $1,027,000

4 Beds
2 Baths
2,271 Sq Ft
$404/Sq Ft Est. Value

Sale Details

Date Sold: October 3, 2014

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

Est. 219% increase in value since last sale

Current estimated payment $5,615 / mo

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

7,187 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2014
Closed on
Oct 3, 2014
Sold by
Bought by
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
$916,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$629,821
Avg. Annual Appreciation
10.38%
Original Mortgage
$229,600
Outstanding Balance
$176,410
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$740,411
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$287,000 First Service Title Agency
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1957352

MIAMI REALTORS® MLS

APN: 01-4109-033-0142

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