NOT LISTED FOR SALE

3120 NW 48th Terrace Miami, FL 33142

Estimated Value: $276,000 - $510,000

3 Beds
2 Baths
1,179 Sq Ft
$347/Sq Ft Est. Value

Last Sold February 15, 2024

Last sale price $331,000 $281 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,667/month

273 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Awning
  • Converted Garage
  • 1-Story Property
  • 3-minute walk to Jefferson Reaves, Sr. Park

About This Home

As of February 2024

This home is back on the market!!! Therefore, you must see this 3-bedroom 2 bath home with a 1 car garage that has been converted into a family room or another bedroom. The home is in a very up and coming area that is centrally located and is near the Miami Airport, Downtown Miami, the beaches, Wynwood and other surrounding areas.

Please note that the title has already been done!!! Therefore, the buyer must use the Seller's title company. Please also note that the Seller will not entertain any cash offers that will be assigned.

So, don't delay, contact me today to schedule an appointment to view the home.

Last Agent to Sell the Property

Wanda Tunsil

WRT Realty, Inc. License #0503884 Listed on: 03/15/2023

Last Buyer's Agent

Ricky Petty

Petty Capital Realty Inc License #3217971

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,953

Year Built

  • Built in 1959

Lot Details

  • 5,559 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned 0100

Parking

  • 1 Car Attached Garage
  • Converted Garage
  • Driveway
  • Open Parking

Home Design

  • Shingle Roof

Interior Spaces

  • 1,179 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Awning
  • Family Room
  • Electric Range
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Earlington Heights Elementary School
  • Brownsville Middle School
  • Miami Northwestern High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Home Owners Paradise Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-31-21-009-1420

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,953

Year Built

Built in 1959

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: Go to N.W. 32nd Avenue until you get to 48th Terrace, then go East to the property which is facing North.
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: HOME OWNERS PARADISE
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Family Room, Garage Converted
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1179
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Family Room, Garage Converted

Exterior Features

  • Roof: Shingle
  • View: None
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Awning(s)
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: HOME OWNERS PARADISE
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up

Condo/Co-op/Association

  • Association: No
  • Community Features: Public Road, Sidewalks, Street Lights

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Earlington Heights
  • High School: Miami Northwestern
  • Middle Or Junior School: Brownsville

Lot Info

  • Parcel Number: 30-31-21-009-1420
  • Lot Size Sq Ft: 5559
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3953

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Feb 15, 2024
Sold by
Cohen Jacob
Bought by
Cohen Quincy and Cohen Sheila P
Seller's Agent
Wanda Tunsil
WRT Realty, Inc.
Buyer's Agent
Ricky Petty
Petty Capital Realty Inc
List Price
$450,000
Sold Price
$331,000
Premium/Discount to List
-$119,000
-26.44%
Views
417
Current Estimated Value
$409,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,126
Avg. Annual Appreciation
13.28%
Original Mortgage
$303,113
Outstanding Balance
$297,746
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$111,380

Purchase Details

Closed on
Aug 8, 2018
Sold by
Cohen Jacob
Bought by
Johnson Latoya L
Source: Public Records

Range of Values:

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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
Cohen Quincy -- None Listed On Document
Cohen Quincy -- None Listed On Document
Cohen Quincy $331,000 Haus Of Title, Llc
Cohen Quincy $331,000 Haus Of Title, Llc
Johnson Latoya L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohen Quincy $303,113
Closed Cohen Quincy $303,113
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2024 02/15/24 Sold $331,000 -26.4% $281 / Sq Ft
12/14/2023 12/14/23 Pending -- -- --
11/01/2023 11/01/23 For Sale $450,000 0.0% $382 / Sq Ft
09/21/2023 09/21/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $450,000 0.0% $382 / Sq Ft
08/11/2023 08/11/23 Pending -- -- --
03/15/2023 03/15/23 For Sale $450,000 -- $382 / 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 $6,306 $307,375 $177,888 $129,487
2024 $4,432 $330,003 $188,051 $141,952
2023 $4,432 $195,644 $0 $0
2022 $3,953 $177,859 $0 $0
2021 $3,477 $161,690 $0 $0
2020 $3,124 $149,912 $56,989 $92,923
2019 $2,874 $133,629 $40,706 $92,923
2018 $870 $47,221 $0 $0
2017 $860 $46,250 $0 $0
2016 $815 $45,299 $0 $0
2015 $822 $44,985 $0 $0
2014 $828 $44,628 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11356208

MIAMI REALTORS® MLS

APN: 30-3121-009-1420