$975,000
SOLD AUG 20, 2021

3231 SW 16th Terrace Miami, FL 33145

Coral Way Neighborhood
3 Beds
2.5 Baths
1,850 Sq Ft
0.28 Acres

Recently Sold

$527 Per Sq Ft

3% Above List Price

3 Days on Market

Highlights

  • Room in yard for a pool
  • No HOA
  • Formal Dining Room
  • Coral Gables Preparatory Academy Rated A-
  • Breakfast Area or Nook
  • Porch

About This Home

As of October 2024

A beautiful, impeccable home built in 2015, located in the highly sought-after Coral Gate neighborhood.
Just minutes away from Miracle Mile and world-renowned restaurants.

Step into a welcoming foyer, an ample living room area, a custom kitchen featuring granite countertops, stainless steel appliances and a breakfast bar, a master suite with his & her custom designed California closets. The open floor plan’s spacious family room leads to a covered outdoor terrace. The backyard is a beautiful tropical oasis with plenty of space for a pool. This home features 10-foot ceilings, Bahamian blinds, hurricane impact windows & doors, new sprinkler system, 1,000-gallon propane gas tank and generator installed in 2020, alarm-camera security system, 2 car-garage, and Chicago brick driveway.

Last Agent to Sell the Property

Enma Nunez

Mayor Realty License #3408154 Listed on: 06/21/2021

Last Buyer's Agent

Cynthia Lamaa

RE/MAX 360 Real Estate License #3266189

RE/MAX 360 Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,341

Year Built

  • Built in 2015

Lot Details

  • 0.28 Acre Lot
  • South Facing Home
  • Fenced
  • Interior Lot
  • Irregular Lot
  • Property is zoned 0100

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,850 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • French Doors
  • Entrance Foyer
  • Family Room
  • Formal Dining Room
  • Ceramic Tile Flooring

Kitchen

  • Breakfast Area or Nook
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Shower Only

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

  • Intercom Access
  • Security System Owned
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Outdoor Features

  • Room in yard for a pool
  • Patio
  • Porch

Schools

  • Coral Gables Elementary School
  • Ponce De Leon Middle School
  • Coral Gables High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Voluntary home owners association
  • Coral Gate Sec A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-09-009-0130

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,341

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2015
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story
  • Directions: Coral Gate has four entrances: Best way to access is through SW 37th Avenue and 16th Terrace and go straight down
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: CORAL GATE SEC A
  • Year Built Details: Effective Year Built
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Closet Cabinetry, Entrance Foyer, French Doors, Walk-In Closet(s), Family Room, Utility Room/Laundry
  • Spa Yn: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors, French Doors
  • Entry Location: Foyer
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1850
  • Other Equipment: Automatic Garage Door Opener, Intercom
  • Possible Use: Primary
  • Window Features: Complete Impact Glass, Blinds, Drapes, High Impact Windows, Impact Glass
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Family Room, Utility Room/Laundry
  • Master Bathroom Features: Bidet, Dual Sinks, Shower Only

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: None
  • Exterior Features: Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Interior Lot, Irregular Lot
  • Patio And Porch Features: Open Porch, Patio
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: CORAL GATE SEC A
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Alarm, Owned Burglar Alarm, Smoke Detector

Condo/Co-op/Association

  • Association: No
  • Community Features: Voluntary Hoa

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Coral Gables
  • High School: Coral Gables
  • Middle Or Junior School: Ponce De Leon

Lot Info

  • Parcel Number: 01-41-09-009-0130
  • Lot Size Sq Ft: 12122
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5341

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2024
Closed on
Oct 24, 2024
Sold by
Marc Bartschies Dominique and Marc Aurelie Torlois
Bought by
Madrigal Lydia Harriet Ragi
Seller's Agent
Cynthia Lamaa
RE/MAX 360 Real Estate
Buyer's Agent
Gerard Vignuli
New Level Corp
List Price
$1,700,000
Sold Price
$1,582,000
Premium/Discount to List
-$118,000
-6.94%
Views
8
Current Estimated Value
$1,622,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,467
Avg. Annual Appreciation
0.00%
Original Mortgage
$725,000
Outstanding Balance
$719,212
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$862,806

Purchase Details

Listed on
Jun 21, 2021
Closed on
Aug 16, 2021
Sold by
Consuegra Luis A and Consuegra Lisette C
Bought by
Bartschies Dominique Marc and Torlois Aurelie
Seller's Agent
Enma Nunez
Mayor Realty
Buyer's Agent
Cynthia Lamaa
RE/MAX 360 Real Estate
List Price
$949,000
Sold Price
$975,000
Premium/Discount to List
$26,000
2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.44%
Original Mortgage
$585,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 27, 2015
Closed on
Jun 19, 2015
Sold by
Foreclosure Solutions Inc
Bought by
Consuegra Luis A and Consuegra Lisette C
Seller's Agent
Humberto Quilez
Monteriny Properties Corporation
Buyer's Agent
Humberto Quilez
Monteriny Properties Corporation
List Price
$72,900
Sold Price
$655,000
Premium/Discount to List
$582,100
798.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%

Purchase Details

Listed on
Aug 8, 2014
Closed on
Sep 29, 2014
Sold by
Federal National Mortgage Association
Bought by
Foreclosure Solutions Inc
Seller's Agent
Augustine Leo
Fortune Christie's Intl R.E.
Buyer's Agent
Jorge Rodriguez
MMLS Assoc.-Inactive Member
List Price
$298,900
Sold Price
$205,000
Premium/Discount to List
-$93,900
-31.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
401.97%
Original Mortgage
$130,000
Interest Rate
4.15%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 3, 2014
Sold by
Padilla Edith Perez
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 3, 2003
Sold by
Perez Padilla Manuel
Bought by
Perez Padilla Manuel
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,582,000 None Listed On Document
Warranty Deed $975,000 Attorney
Warranty Deed $655,000 Attorney
Special Warranty Deed $205,000 Attorney
Trustee Deed $304,100 None Available
Interfamily Deed Transfer -- Friendship Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $725,000 New Conventional
Previous Owner $585,000 New Conventional
Previous Owner $130,000 Unknown
Previous Owner $270,000 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2024 10/24/24 Sold $1,582,000 -6.9% $855 / Sq Ft
08/21/2024 08/21/24 For Sale $1,700,000 +74.4% $919 / Sq Ft
08/20/2021 08/20/21 Sold $975,000 +2.7% $527 / Sq Ft
06/24/2021 06/24/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $949,000 +44.9% $513 / Sq Ft
06/18/2015 06/18/15 Sold $655,000 -6.4% $265 / Sq Ft
06/01/2015 06/01/15 Pending -- -- --
05/04/2015 05/04/15 Price Changed $699,500 -4.0% $283 / Sq Ft
04/27/2015 04/27/15 Price Changed $729,000 +900.0% $295 / Sq Ft
04/27/2015 04/27/15 For Sale $72,900 -64.4% $30 / Sq Ft
09/29/2014 09/29/14 Sold $205,000 -31.4% $17 / Sq Ft
08/28/2014 08/28/14 Pending -- -- --
08/08/2014 08/08/14 For Sale $298,900 -- $25 / 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 $24,032 $1,187,188 $812,174 $375,014
2024 $23,776 $1,087,595 $775,808 $311,787
2023 $23,776 $997,130 $0 $0
2022 $20,921 $906,482 $587,917 $318,565
2021 $5,408 $278,398 $0 $0
2020 $5,341 $274,555 $0 $0
2019 $5,220 $268,383 $0 $0
2018 $5,018 $263,379 $0 $0
2017 $4,960 $257,962 $0 $0
2016 $4,986 $252,657 $0 $0
2015 $5,771 $242,440 $0 $0
2014 -- $258,597 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11059369

MIAMI REALTORS® MLS

APN: 01-4109-009-0130