NOT LISTED FOR SALE

3431 NW 2nd Terrace Miami, FL 33125

West Flagler Neighborhood

Estimated Value: $620,000 - $672,000

3 Beds
2 Baths
2,228 Sq Ft
$286/Sq Ft Est. Value

Last Sold November 04, 2021

Last sale price $462,500 $208 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,087/month

81 Days on Market

Highlights

  • No HOA
  • Patio
  • 1-Story Property
  • Views
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of November 2021

This is a big house with separate entrances, and can be used as single- or multi-family residential living. Totaling 3 bedrooms and 2 bathrooms, with spacious living aways, two kitchens – one under the large, covered outdoor terrace – and a room entirely separate from the main structure, this property offers its residents very flexible living arrangements. In Little Havana, the house is well located near West Flagler, the airport, Jackson Hospital, Downtown Miami, and Coral Gables.

Last Agent to Sell the Property

Derek Varona

Sea Grove Realty License #3245277 Listed on: 07/01/2021

Last Buyer's Agent

Ricarda Medina

West Kendall Realty License #3372992

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,558

Year Built

  • Built in 1959

Lot Details

  • 5,250 Sq Ft Lot
  • South Facing Home
  • Property is zoned 5700

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,228 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Tile Flooring
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • Driveway
  • Open Parking

Schools

  • Kensington Park Elementary School
  • Miami Senior High School

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Twelfth St Manors Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-04-023-3351

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,558

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1959
  • Property Sub Type: Single Family Residence
  • Architectural Style: Attached, One Story, Other
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: TWELFTH ST MANORS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Other, No Additional Rooms
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 2228
  • Possible Use: Unknown/Withheld
  • Window Features: Blinds
  • Bedroom Features: Entry Level
  • Living Room Features: No Additional Rooms

Exterior Features

  • Roof: Other, Shingle
  • View: Other
  • Exterior Features: Other
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: TWELFTH ST MANORS
  • Carport Spaces: 1
  • Covered Parking Spaces: 1
  • 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: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Schools

  • Elementary School: Kensington Park
  • High School: Miami Senior

Lot Info

  • Parcel Number: 01-41-04-023-3351
  • Lot Size Sq Ft: 5250
  • Zoning: 5700
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4558

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Nov 3, 2021
Sold by
Almonte Tania Altagracia and Estate Of Nelson Morales
Bought by
Deacuna Edith R Cari and Hurtado Paola A
Seller's Agent
Derek Varona
Sea Grove Realty
Buyer's Agent
Ricarda Medina
West Kendall Realty
List Price
$500,000
Sold Price
$462,500
Premium/Discount to List
-$37,500
-7.5%
Current Estimated Value
$636,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,919
Avg. Annual Appreciation
9.31%
Original Mortgage
$370,000
Outstanding Balance
$340,552
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$311,698

Purchase Details

Listed on
Jul 1, 2021
Closed on
Oct 6, 2021
Sold by
Almonte Tania Altagracia and Morales Nelson
Bought by
Deacuna Edith R Cari and Hurtado Paola Andrea
Seller's Agent
Derek Varona
Sea Grove Realty
Buyer's Agent
Ricarda Medina
West Kendall Realty
List Price
$500,000
Sold Price
$462,500
Premium/Discount to List
-$37,500
-7.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Outstanding Balance
$340,552
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$311,698

Purchase Details

Closed on
Oct 4, 2007
Sold by
Morales Maria A
Bought by
Morales Nelson and Morales Maria A

Purchase Details

Closed on
Jun 16, 1998
Sold by
Isabel and Toledo David F
Bought by
Morales Maria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
7.23%
Mortgage Type
Credit Line Revolving
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
Deacuna Edith R Cari $462,500 Chisholm Law & Title
Deacuna Edith R Cari $462,500 None Available
Morales Nelson -- None Available
Morales Maria A $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deacuna Edith R Cari $370,000
Closed Deacuna Edith R Cari $462,500
Previous Owner Morales Maria A $50,000
Previous Owner Morales Maria A $25,000
Previous Owner Morales Maria A $126,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/04/2021 11/04/21 Sold $462,500 +2.8% $208 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
08/14/2021 08/14/21 Price Changed $450,000 -5.3% $202 / Sq Ft
08/02/2021 08/02/21 Price Changed $475,000 -5.0% $213 / Sq Ft
07/01/2021 07/01/21 For Sale $500,000 -- $224 / 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 $8,349 $452,277 -- --
2024 $8,409 $439,531 $236,202 $203,329
2023 $8,409 $432,442 $228,256 $204,186
2022 $8,497 $393,753 $188,962 $204,791
2021 $4,622 $273,556 $0 $0
2020 $4,558 $269,780 $0 $0
2019 $4,439 $263,715 $0 $0
2018 $4,239 $258,798 $131,684 $127,114
2017 $5,006 $218,364 $0 $0
2016 $2,741 $149,778 $0 $0
2015 $2,519 $137,654 $0 $0
2014 $2,542 $136,562 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Derek Varona

    Seller's Agent in 2021

    Derek Varona

    Sea Grove Realty

    (305) 726-5818

    4 in this area

    109 Total Sales

    Derek Varona
    Section Image
  • Ricarda Medina

    Buyer's Agent in 2021

    Ricarda Medina

    West Kendall Realty

    (786) 346-2916

    1 in this area

    38 Total Sales

    Ricarda Medina
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11062382

MIAMI REALTORS® MLS

APN: 01-4104-023-3351

Florida Miami/Dade County Miami 33125 West Flagler

3431 NW 2nd Terrace, Miami, FL

This home is located at 3431 NW 2nd Terrace, Miami, FL 33125 since 01 July 2021 and is currently estimated at $636,419, approximately $285 per square foot. This property was built in 1959. 3431 NW 2nd Terrace is a home located in Miami-Dade County with nearby schools including Kensington Park Elementary School, Citrus Grove Middle School, and Miami 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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