$240,000
SOLD JUN 25, 2012

3511 SW 16th Terrace Miami, FL 33145

Coral Way Neighborhood
-- Bed
-- Bath
1,756 Sq Ft
5,881 Sq Ft Lot

Recently Sold

$137 Per Sq Ft

4% Below List Price

5 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Heating Available
  • Coral Gables Preparatory Academy Rated A-
  • Carpet

About This Home

As of October 2020

Great investment opportunity. Duplex in highly sought area Coral Gate across from Coral Gables. Two units 2 beds 1 baths with family room. Hurry won't last.

Last Agent to Sell the Property

Rene Rodriguez

Ocean Palm Realty, Inc. License #3208513 Listed on: 05/02/2012

Co-Listed By

Maritza Meitzner-Rodriguez

Ocean Palm Realty, Inc. License #3028405

Last Buyer's Agent

Eric Yerina

Simpson Associates of Florida License #3222397

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,355

Year Built

  • Built in 1948

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,756 Sq Ft Home
  • 2-Story Property
  • Carpet

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • No Home Owners Association
  • 4 Units
  • Davis Citrus Farms Condos
  • Davis Citrus Farms Subdivision

Listing and Financial Details

  • Rent includes water
  • Assessor Parcel Number 01-41-09-029-0190

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,355

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1948
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: DAVIS CITRUS FARMS
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 2

Interior Features

  • Flooring: Carpet, Other
  • Living Area: 1756
  • Possible Use: Secondary
  • Stories: 2

Exterior Features

  • Roof: Other
  • Construction Type: CBS Construction
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: DAVIS CITRUS FARMS
  • Total Parking Spaces: 2

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: 01-41-09-029-0190
  • Zoning: 57/GENER
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Water

Tax Info

  • Tax Year: 2011
  • Tax Annual Amount: 2355

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2020
Closed on
Oct 14, 2020
Sold by
Freitas Rafael and Bustillos Ana L
Bought by
Leon Virginia P
Seller's Agent
Ana Bustillos
Florida Realty of Miami Corp
Buyer's Agent
Orlando Carrasco
Berger Realty Group Inc
List Price
$525,000
Sold Price
$490,000
Premium/Discount to List
-$35,000
-6.67%
Current Estimated Value
$891,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,660
Avg. Annual Appreciation
12.55%
Original Mortgage
$473,646
Outstanding Balance
$422,438
Interest Rate
2.8%
Mortgage Type
FHA
Estimated Equity
$448,885

Purchase Details

Listed on
May 2, 2012
Closed on
Jun 12, 2012
Sold by
Rodriguez Caridad C and Rodriguez Rafael
Bought by
Freitas Rafael and Bustillos Ana L
Seller's Agent
Rene Rodriguez
Ocean Palm Realty, Inc.
Buyer's Agent
Eric Yerina
Simpson Associates of Florida
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.97%
Original Mortgage
$142,500
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2007
Sold by
Rodriguez Rafael A and Rodriguez Caridad C
Bought by
Rodriguez Caridad C and Rodriguez Rafael A

Purchase Details

Closed on
Apr 7, 2004
Sold by
Gables View Apartments Llc
Bought by
Barreirinhas Yoshihiro and Tavares Livya
Source: Public Records

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Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $490,000 Phoenix Land & Title Llc
Special Warranty Deed $240,000 Union Title Services Inc
Interfamily Deed Transfer -- Attorney
Special Warranty Deed $243,100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $473,646 FHA
Previous Owner $142,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/14/2020 10/14/20 Sold $490,000 -6.7% $259 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $525,000 +118.8% $278 / Sq Ft
06/25/2012 06/25/12 Sold $240,000 -4.0% $137 / Sq Ft
05/07/2012 05/07/12 Pending -- -- --
05/02/2012 05/02/12 For Sale $250,000 -- $142 / 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 $10,622 $494,934 -- --
2024 $9,994 $452,571 -- --
2023 $9,994 $411,429 $0 $0
2022 $8,844 $367,350 $0 $0
2021 $7,855 $333,955 $206,080 $127,875
2020 $7,208 $321,376 $217,856 $103,520
2019 $6,901 $329,342 $206,080 $123,262
2018 $6,277 $307,608 $176,640 $130,968
2017 $5,809 $220,393 $0 $0
2016 $5,384 $200,358 $0 $0
2015 $5,048 $182,144 $0 $0
2014 $4,515 $165,586 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2020

    Ana Bustillos

    Florida Realty of Miami

    (305) 598-5488

    1 in this area

    7 Total Sales

    Ana Bustillos
    Section Image

  • O

    Buyer's Agent in 2020

    Orlando Carrasco

    Berger Realty Group Inc

  • R

    Seller's Agent in 2012

    Rene Rodriguez

    Ocean Palm Realty, Inc.

    (786) 255-1507

    1 in this area

    5 Total Sales

    Rene Rodriguez
    Section Image

  • M

    Seller Co-Listing Agent in 2012

    Maritza Meitzner-Rodriguez

    Ocean Palm Realty, Inc.

    (305) 456-6630

    5 Total Sales

    Maritza Meitzner-Rodriguez
    Section Image
  • Eric Yerina

    Buyer's Agent in 2012

    Eric Yerina

    Simpson Associates of Florida

    (305) 205-8210

    5 in this area

    17 Total Sales

    Eric Yerina
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1635845

MIAMI REALTORS® MLS

APN: 01-4109-029-0190

Florida Miami/Dade County Miami 33145 Coral Way

3511 SW 16th Terrace, Miami, FL

This home is located at 3511 SW 16th Terrace, Miami, FL 33145 and is currently priced at $240,000, approximately $136 per square foot. This property was built in 1948. 3511 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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