$470,000
SOLD AUG 1, 2022

3622 SW 16th Terrace Unit 10 Miami, FL 33145

Coral Way Neighborhood
3 Beds
2 Baths
1,332 Sq Ft
$30/mo HOA Fee

Recently Sold

$353 Per Sq Ft

4% Above List Price

6 Days on Market

Highlights

  • Garden View
  • Balcony
  • Built-In Features
  • Coral Gables Preparatory Academy Rated A-
  • Porch
  • Walk-In Closet

About This Home

As of August 2022

New Listing! Will Not Last! Welcome home to this perfectly located 3-bedroom 2 bath with dual vanities off of both bedrooms. 2 Main bedrooms with walk in closets and first floor guest bedroom with private entrance and walk in closet. Gables Grove rarely available for sale as the development is steps away from Miracle Mile and Coral Gables. Enjoy the benefits of being within walking distance to both without the expense! Excellent investment opportunity as a rental property or touch up a bit and make it your own home! Also located close to University of Miami. Ideal for students or employees working in or around the Coral Gables area. Walk to Publix, shopping, medical centers! Close proximity to Brickell, Downtown,Miami, Miami Beach, and the airport. Drone video available upon request.

Last Agent to Sell the Property

Nancy Garcia

The Keyes Company License #3271028 Listed on: 06/17/2022

The Keyes Company

Co-Listed By

Anthony Garcia

The Keyes Company License #0654683

Last Buyer's Agent

Maritza Aguiar

Luxe Properties License #3316519

Luxe Properties

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,074

Year Built

  • Built in 1988

HOA Fees

  • $30 Monthly HOA Fees

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,332 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Entrance Foyer
  • Combination Dining and Living Room
  • Storage Room
  • Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Parking

  • 2 Carport Spaces
  • Assigned Parking

Outdoor Features

  • Balcony
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-41-09-070-0100

Community Details

Overview

  • Gables Grove Condos
  • Davis Citrus Farms Subdivision

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,074

Year Built

Built in 1988

Lot Details

0

HOA Fees

$30 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1988
  • Property Sub Type: Townhouse
  • Co List Office Mls Id: KEYE04
  • Co List Office Phone: 305-247-7221
  • Directions: From Miracle Mile, turn onto Douglas Road and then immediately East onto SW 16 Terrace. Gables Grove is on the right.
  • Entry Level: 1
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Townhouse Fee Simple, Townhouse
  • Subdivision Name: DAVIS CITRUS FARMS
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Entrance Foyer, Pantry, Split Bedroom, Walk-In Closet(s), Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1332
  • Possible Use: Investment
  • Stories: 2
  • Bedroom Features: Master Bedroom Upstairs
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter
  • Living Room Features: Storage Room
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Garden View, Other View
  • Exterior Features: Other, Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony, Open Porch
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Gables Grove
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Parking Features: Assigned

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: No Security

Condo/Co-op/Association

  • Association Fee: 30
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-41-09-070-0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6074

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
$584,869

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
$339,988
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$244,519

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
7.54%

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

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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
Quit Claim Deed $352,500 --
Warranty Deed $470,000 Florida General Counsel Pa
Warranty Deed $143,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $352,500 New Conventional
Previous Owner $227,100 New Conventional
Previous Owner $180,000 New Conventional
Previous Owner $15,000 Unknown
Previous Owner $140,409 FHA
Previous Owner $70,209 New Conventional
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
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 $8,928 $439,493 -- --
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

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11224321

MIAMI REALTORS® MLS

APN: 01-4109-070-0100