NOT LISTED FOR SALE

Estimated Value: $1,693,000

-- Bed
-- Bath
-- Sq Ft
11.59 Acres

About This Home

This home is located at 503 S Krome Ave, Homestead, FL 33030 and is currently priced at $1,693,000. 503 S Krome Ave is a home located in Miami-Dade County with nearby schools including Laura C. Saunders Elementary School, Homestead Middle School, and Arthur And Polly Mays Conservatory Of The Arts.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 21, 2023
Sold by
Bravo And Partners 11 Acres Llc
Bought by
Tcc Krome Llc
Current Estimated Value
$1,693,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,150,000
Outstanding Balance
$2,074,912
Interest Rate
7.44%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 19, 2021
Sold by
Homfarmland Llc
Bought by
Bravo And Partners 11 Acres Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,050,000
Interest Rate
3.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 28, 2015
Sold by
Bay Plaza Of N Bay Village Corp
Bought by
Homfarmland Llc

Purchase Details

Closed on
Aug 24, 2006
Sold by
Richgrove Homes Llc
Bought by
Bay Plaza Of North Bay Village Corp

Purchase Details

Closed on
May 18, 2005
Sold by
Posada Cabrera & Leiva Investments Inc
Bought by
Richgrove Homes Llc

Purchase Details

Closed on
Jan 18, 2001
Sold by
Pedrena Development Inc
Bought by
Cabrera Posada

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,728,000
Interest Rate
7.53%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 10, 1999
Sold by
Berz & One Llc
Bought by
Pedrena Development Inc

Purchase Details

Closed on
Nov 19, 1996
Sold by
Clerk Of The Court
Bought by
Berz One L L C
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
Tcc Krome Llc $10,500,000 Law Title
Tcc Krome Llc $10,500,000 Law Title
Bravo And Partners 11 Acres Llc $5,400,000 Attorney
Homfarmland Llc $100 --
Bay Plaza Of North Bay Village Corp $8,245,000 None Available
Richgrove Homes Llc $3,800,000 --
Cabrera Posada $1,920,000 --
Pedrena Development Inc $940,000 --
Berz One L L C $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tcc Krome Llc $4,150,000
Closed Tcc Krome Llc $4,150,000
Previous Owner Bravo And Partners 11 Acres Llc $4,050,000
Previous Owner Berz One L L C $1,728,000
Source: Public Records

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 $37,203 $1,771,904 $1,771,904 --
2024 $24,229 $1,771,904 $1,771,904 --
2023 $24,229 $852,728 $0 $0
2022 $16,552 $775,208 $775,208 $0
2021 $13,396 $530,640 $0 $0
2020 $11,958 $664,464 $664,464 $0
2019 $11,934 $553,720 $553,720 $0
2018 $10,618 $498,348 $498,348 $0
2017 $9,706 $438,545 $0 $0
2016 $8,962 $398,678 $0 $0
2015 $9,107 $398,678 $0 $0
2014 $9,432 $398,678 $0 $0
Source: Public Records

Map