NOT LISTED FOR SALE

3622 SW 16th Terrace Unit 10 Miami, FL 33145

Coral Way Neighborhood

Estimated Value: $569,000 - $610,000

3 Beds
3 Baths
1,332 Sq Ft
$439/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $470,000 $353 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,788/month

About This Home

As of August 2022

Welcome home to this perfectly located 3-bedroom 3 bath home steps away from Miracle Mile, Coral Gables, and the University of Miami making it ideal for students or employees in the area. Walk to Publix, shopping, medical centers! Close proximity to Brickell, Downtown,Miami, Miami Beach, and the airport. First floor features a guest bedroom with private entrance. Furnished and pet friendly with a completely fenced in yard to keep pets safe.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 11, 2022
Sold by
Velazquez Edgar
Bought by
Velazquez Edgar and Aguiar Maritza
Current Estimated Value
$584,507

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Outstanding Balance
$341,213
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$232,554

Purchase Details

Listed on
Jun 17, 2022
Closed on
Aug 1, 2022
Sold by
Melissa Acosta
Bought by
Velazquez Edgar
Seller's Agent
Nancy Garcia
The Keyes Company
Buyer's Agent
Maritza Aguiar
Luxe Properties
List Price
$449,900
Sold Price
$470,000
Premium/Discount to List
$20,100
4.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.17%

Purchase Details

Closed on
Sep 10, 2009
Sold by
Guerra Gladys M
Bought by
Acosta Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,409
Interest Rate
5.19%
Mortgage Type
FHA
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
Velazquez Edgar $352,500 --
Velazquez Edgar $470,000 Florida General Counsel Pa
Acosta Melissa $143,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velazquez Edgar $352,500
Previous Owner Acosta Melissa $227,100
Previous Owner Acosta Melissa $180,000
Previous Owner Acosta Melissa $15,000
Previous Owner Acosta Melissa $140,409
Previous Owner Guerra Jesus R $70,209
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Rented $3,700 -3.9% --
11/18/2023 11/18/23 Under Contract -- -- --
10/26/2023 10/26/23 Price Changed $3,850 -1.3% $3 / Sq Ft
09/25/2023 09/25/23 For Rent $3,900 0.0% --
08/01/2022 08/01/22 Sold $470,000 +4.5% $353 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
06/17/2022 06/17/22 For Sale $449,900 -- $338 / Sq Ft

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
2024 $8,236 $420,384 -- --
2023 $8,236 $382,168 $0 $0
2022 $6,705 $294,800 $0 $0
2021 $6,074 $268,000 $0 $0
2020 $5,811 $255,000 $0 $0
2019 $5,775 $252,720 $0 $0
2018 $5,673 $252,720 $0 $0
2017 $6,328 $280,764 $0 $0
2016 $5,951 $255,240 $0 $0
2015 $5,785 $243,089 $0 $0
2014 $5,392 $220,990 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Maritza Aguiar

    Luxe Properties

    (305) 809-7650

    2 in this area

    33 Total Sales

    Maritza Aguiar
    Section Image

  • N

    Buyer's Agent in 2023

    NON-MLS MEMBER

    MAR NON MLS MEMBER

  • Nancy Garcia

    Seller's Agent in 2022

    Nancy Garcia

    The Keyes Company

    (786) 486-1111

    1 in this area

    53 Total Sales

    Nancy Garcia
    Section Image
  • Anthony Garcia

    Seller Co-Listing Agent in 2022

    Anthony Garcia

    The Keyes Company

    (305) 804-4993

    1 in this area

    52 Total Sales

    Anthony Garcia
    Section Image
See All Agents

Map

Florida Miami/Dade County Miami 33145 Coral Way

3622 SW 16th Terrace Unit 10, Miami, FL

This home is located at 3622 SW 16th Terrace Unit 10, Miami, FL 33145 and is currently estimated at $584,507, approximately $438 per square foot. 3622 SW 16th Terrace Unit 10 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.

Nearby Homes