NOT LISTED FOR SALE

3526 NW 16th Terrace Miami, FL 33125

Grapeland Heights Neighborhood

Estimated Value: $626,400 - $816,000

4 Beds
3 Baths
2,044 Sq Ft
$358/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $470,000 $230 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,861/month

18 Days on Market

Highlights

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

About This Home

As of November 2020

This property is well kept with steady tenants with one year contract each of them. There are three tenants paying $1,600 (four months);$1,300 (four years) and $1,100 (six years) respectively. The price is firm. Power and water are divided into three parts; the first part is paid by the first tenant ($1,600) and the other two parts are paid by the owner because water and electricity are included in the monthly rent. One AC is from recent installation (1-2 years), the second one has 3 years and the last one of 1/ 1/2 tons is the oldest. All the pieces of equipment (range, fridge, AC) works perfectly. The owner has the deposits of the three tenants.

Last Agent to Sell the Property

Lazaro Jordan

Jordan Realty License #0694698 Listed on: 10/31/2020

Last Buyer's Agent

Tatiana Salazar

Ekos Real Estate Inc License #3101399

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,511

Year Built

  • Built in 1948

Lot Details

  • 5,401

Parking

  • 6 Parking Spaces

Home Design

  • Duplex
  • Shingle Roof

Interior Spaces

  • 2,044 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3 Units
  • Grapeland Heights Sec 2 Condos
  • Grapeland Heights Sec 2 Subdivision

Listing and Financial Details

  • Rent includes hot water, trash collection, water
  • Assessor Parcel Number 01-31-33-014-4330

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,511

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: 1
  • Structure Type: Duplex
  • Subdivision Name: GRAPELAND HEIGHTS SEC 2
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2044
  • Possible Use: Investment
  • Stories: 1

Exterior Features

  • Roof: Shingle
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: GRAPELAND HEIGHTS SEC 2
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-31-33-014-4330
  • Zoning: 0104
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Hot Water, Trash Collection, Water

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5511

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2020
Closed on
Nov 30, 2020
Sold by
Granados Luisa F and Linares Manuel E
Bought by
Gonzalez Silvia
Seller's Agent
Lazaro Jordan
Jordan Realty
Buyer's Agent
Tatiana Salazar
Ekos Real Estate Inc
List Price
$470,000
Sold Price
$470,000
Current Estimated Value
$744,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,799
Avg. Annual Appreciation
10.16%

Purchase Details

Closed on
Jun 2, 2015
Sold by
Linares Lauzao Jose E
Bought by
Granados Luis F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,906
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Linares Manuel E Mata and Granados Luisa F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,645
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 2008
Sold by
Hernandez Indira
Bought by
Deutsche Bank National Trust Co

Purchase Details

Closed on
Mar 3, 2006
Sold by
Diaz Orlando
Bought by
Artiaga Lazaro and Hernandez Indira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.25%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 19, 2000
Sold by
Diaz Orlando and Diaz Marcos
Bought by
Diaz Orlando
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gonzalez Silvia $470,000 Peninsula Title Corp
Granados Luis F -- Attorney
Linares Manuel E Mata $130,000 Buyers Title Inc
Deutsche Bank National Trust Co -- None Available
Deutsche Bank National Trust Co -- None Available
Artiaga Lazaro $380,000 International Title & Trust
Diaz Orlando $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Granados Luis F $193,906
Previous Owner Linares Manuel E Mata $127,645
Previous Owner Artiaga Lazaro $304,000
Previous Owner Diaz Orlando $100,000
Previous Owner Diaz Orlando $70,000
Previous Owner Diaz Orlando $45,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $470,000 0.0% $230 / Sq Ft
11/18/2020 11/18/20 Pending -- -- --
11/17/2020 11/17/20 For Sale $470,000 0.0% $230 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
10/31/2020 10/31/20 For Sale $470,000 -- $230 / 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 $9,390 $477,386 -- --
2024 $8,807 $433,988 -- --
2023 $8,807 $394,535 $0 $0
2022 $8,022 $358,669 $0 $0
2021 $7,308 $326,063 $145,800 $180,263
2020 $5,914 $259,817 $116,100 $143,717
2019 $5,511 $246,116 $116,100 $130,016
2018 $5,094 $244,321 $113,400 $130,921
2017 $4,634 $196,281 $0 $0
2016 $4,275 $178,438 $0 $0
2015 $2,520 $137,665 $0 $0
2014 -- $137,655 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lazaro Jordan

    Seller's Agent in 2020

    Lazaro Jordan

    Jordan Realty

    (305) 477-4405

    1 in this area

    31 Total Sales

    Section Image
  • Tatiana Salazar

    Buyer's Agent in 2020

    Tatiana Salazar

    Ekos Real Estate Inc

    (305) 332-0475

    1 in this area

    16 Total Sales

    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10951049

MIAMI REALTORS® MLS

APN: 01-3133-014-4330

Florida Miami/Dade County Miami 33125 Grapeland Heights

3526 NW 16th Terrace, Miami, FL

This home is located at 3526 NW 16th Terrace, Miami, FL 33125 since 31 October 2020 and is currently estimated at $731,100, approximately $357 per square foot. This property was built in 1948. 3526 NW 16th Terrace is a home located in Miami-Dade County with nearby schools including Kensington Park Elementary School, Citrus Grove Middle School, and Miami Jackson 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.

Nearby Homes