NOT LISTED FOR SALE

3889 NW 4th Terrace Miami, FL 33126

Flagami Neighborhood

Estimated Value: $542,000 - $601,000

2 Beds
1 Bath
1,620 Sq Ft
$360/Sq Ft Est. Value

Last Sold April 26, 2016

Last sale price $260,000 $160 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $3,733/month

14 Days on Market

Highlights

  • Guest House
  • Deck
  • Formal Dining Room
  • Coral Gables Senior High School Rated A-
  • Soaking Tub and Shower Combination in Primary Bathroom
  • In-Law or Guest Suite

About This Home

As of April 2016

EXCELLENT INCOME OPPORTUNITY IN THIS CENTRALLY LOCATED HOME. JUST MINUTES AWAY FROM CORAL GABLES AND MIAMI INTERNATIONAL AIRPORT. FULLY REMODELED HOME WITH GREAT PATIO FOR ENTERTAINMENT, PLUS 2 INLAWS QUARTERS WITH SEPARATED INCOME $850 PLUS MAIN HOUSE $1600 MAKES TOTAL INCOME MONTHLY OF $3,300 AS PER OWNER RECORDS. HOUSE IS FULLY UPGRADED. BATH KITCHEN AN WINDOWS ALL REMODELED IN THE LAST 2 YEARS. ROOF UPDATED 1999.

Last Agent to Sell the Property

Peter Dominguez

Brickell Realty Group, LLC License #3053917 Listed on: 02/22/2016

Brickell Realty Group, LLC

Last Buyer's Agent

Maria Ospina

MMLS Assoc.-Inactive Member License #3168875

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,336

Year Built

  • Built in 1946

Lot Details

  • 6,565 Sq Ft Lot
  • South Facing Home
  • Fenced

Home Design

  • Substantially Remodeled
  • Studio
  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,620 Sq Ft Home
  • 1-Story Property
  • Double Hung Metal Windows
  • Formal Dining Room
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 1 Full Bathroom
  • Soaking Tub and Shower Combination in Primary Bathroom

Parking

  • 4 Detached Carport Spaces
  • Driveway
  • Open Parking

Outdoor Features

  • Deck
  • Exterior Lighting
  • Outdoor Grill

Additional Homes

  • Guest House
  • One Bathroom Guest House

Utilities

  • Central Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Durham Terrace Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-05-008-0990

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,336

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1946
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Carport Y N: Yes
  • Directions: EXIT EXPRESSWAY THRU LEJUN ROAD MAKE RIGHT GOING EAST ON NW 7TH ST UNTIL 39TH AVE MAKE RIGHT UNTIL 4TH TERR. HOUSE WILL BE ON THE RIGHT HAND SIDE. BY MAGIC CITY CASINO.
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: DURHAM TERRACE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_GuestHouseDescription: 1 Bath
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Other Equipment/Appliances
  • Interior Amenities: First Floor Entry, Walk-In Closet(s), Separate Guest/In-Law Quarters, Studio Apartment
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Tile
  • Furnished: Unfurnished
  • Living Area: 1620
  • Possible Use: Unknown/Withheld
  • Window Features: Hurricane Shutters, Double Hung Metal
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room, Formal Dining, Other
  • Living Room Features: Separate Guest/In-Law Quarters, Guest House, Studio Apartment
  • Master Bathroom Features: Shower Only, Tub Only

Exterior Features

  • Roof: Shingle
  • View: None
  • Exterior Features: Barbeque, Fruit Trees, Lighting
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot
  • Other Structures: Guest House
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Property Condition: Substantially Remodeled
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: DURHAM TERRACE
  • Carport Spaces: 4
  • Covered Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Detached Carport, 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: Yes
  • Community Features: Sidewalks

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-41-05-008-0990
  • Lot Size Sq Ft: 6565
  • Zoning: R-1
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2336

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2016
Closed on
Apr 26, 2016
Sold by
Abad Ever and Abad Ana Maria
Bought by
Guzman Jose S and Arevalo Aracely G
Seller's Agent
Peter Dominguez
Brickell Realty Group, LLC
Buyer's Agent
Maria Ospina
MMLS Assoc.-Inactive Member
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%
Current Estimated Value
$582,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,758
Avg. Annual Appreciation
8.86%
Original Mortgage
$208,000
Outstanding Balance
$165,959
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$416,799

Purchase Details

Closed on
Nov 10, 2006
Sold by
Herrera Orlando
Bought by
Abad Ever and Abad Ana Maria

Purchase Details

Closed on
Mar 4, 2004
Sold by
Herrera Orlando and Herrera Isel
Bought by
Herrera Orlando
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
Guzman Jose S $260,000 Title Unlimited Inc
Abad Ever -- None Available
Herrera Orlando -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guzman Jose S $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2016 04/26/16 Sold $260,000 -3.7% $160 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
02/22/2016 02/22/16 For Sale $269,900 -- $167 / 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 $8,014 $384,230 -- --
2024 $7,589 $349,300 -- --
2023 $7,589 $317,546 $0 $0
2022 $6,676 $288,679 $0 $0
2021 $5,956 $262,436 $170,696 $91,740
2020 $5,907 $259,493 $167,349 $92,144
2019 $5,928 $259,897 $167,349 $92,548
2018 $5,735 $256,160 $167,349 $88,811
2017 $5,299 $232,193 $0 $0
2016 $2,296 $129,387 $0 $0
2015 $2,315 $128,488 $0 $0
2014 $2,336 $127,469 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Peter Dominguez

    Seller's Agent in 2016

    Peter Dominguez

    Brickell Realty Group, LLC

    (786) 512-4072

    3 in this area

    44 Total Sales

    Peter Dominguez
    Section Image

  • M

    Buyer's Agent in 2016

    Maria Ospina

    MMLS Assoc.-Inactive Member

See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A10038352

MIAMI REALTORS® MLS

APN: 01-4105-008-0990

Florida Miami/Dade County Miami 33126 Flagami

3889 NW 4th Terrace, Miami, FL

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