NOT LISTED FOR SALE

570 NW 116th Terrace Miami, FL 33168

Estimated Value: $454,669 - $574,000

2 Beds
1 Bath
1,525 Sq Ft
$336/Sq Ft Est. Value

Last Sold April 17, 2014

Last sale price $85,000 $56 Per Sq Ft

Est. 503% increase in value since last sale

Current estimated payment $3,246/month

4 Days on Market

Highlights

  • Garden View
  • No HOA
  • 1-Story Property
  • Sun or Florida Room
  • Patio
  • Central Heating and Cooling System

About This Home

As of April 2014

Short sale. Needs TLC but has potential. Good for investors looking for rental income.

Last Agent to Sell the Property

Xavier Romero

Luxe Properties License #3269206 Listed on: 06/25/2013

Last Buyer's Agent

Alejandro Capo

MMLS Assoc.-Inactive Member License #3269012

MMLS Assoc.-Inactive Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,038

Year Built

  • Built in 1948

Lot Details

  • 6,360 Sq Ft Lot
  • East Facing Home
  • Property is zoned 10/S FM

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,525 Sq Ft Home
  • 1-Story Property
  • Sun or Florida Room
  • Garden Views
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Driveway
  • Open Parking

Additional Features

  • Patio
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Rev Pl Of Bay View Terr Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-21-36-029-0680

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,038

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1948
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: REV PL OF BAY VIEW TERR
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 12

Interior Features

  • Appliances: Disposal, Dryer, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Florida Room, Other
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1525
  • Possible Use: Primary
  • Bedroom Features: Other
  • Living Room Features: Florida Room, Other

Exterior Features

  • Roof: Shingle
  • View: Garden
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: Less Than 1/4 Acre Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: REV PL OF BAY VIEW TERR
  • Open Parking: Yes
  • Parking Features: 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: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-21-36-029-0680
  • Lot Size Sq Ft: 6360
  • Zoning: 10/S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2013
  • Tax Annual Amount: 2038

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 5, 2020
Sold by
Otarola Nancy
Bought by
P D N G Investment Llc
Current Estimated Value
$512,917

Purchase Details

Listed on
Jun 25, 2013
Closed on
Apr 17, 2014
Sold by
Morales Carlos J and Morales Meybys Robieto
Bought by
Otarola Nancy
Seller's Agent
Xavier Romero
Luxe Properties
Buyer's Agent
Alejandro Capo
MMLS Assoc.-Inactive Member
List Price
$80,000
Sold Price
$85,000
Premium/Discount to List
$5,000
6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.82%
Original Mortgage
$83,460
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
May 5, 2004
Sold by
Guerrier Veonel
Bought by
Morales Carlos J and Morales Meybys Robleto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,200
Interest Rate
8.35%
Mortgage Type
Unknown
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
P D N G Investment Llc $69,800 Capital Title Group Inc
Otarola Nancy $85,000 Attorney
Morales Carlos J $136,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Otarola Nancy $83,460
Previous Owner Morales Carlos J $104,200
Previous Owner Morales Meybys R $25,000
Closed Morales Carlos J $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2014 04/17/14 Sold $85,000 +6.3% $56 / Sq Ft
06/30/2013 06/30/13 Pending -- -- --
06/25/2013 06/25/13 For Sale $80,000 -- $52 / 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 $5,476 $259,186 -- --
2024 $4,723 $235,776 -- --
2023 $4,723 $214,342 $0 $0
2022 $4,121 $194,857 $0 $0
2021 $3,638 $177,143 $110,680 $66,463
2020 $1,827 $113,926 $0 $0
2019 $1,776 $111,365 $0 $0
2018 $1,683 $109,289 $0 $0
2017 $1,660 $107,042 $0 $0
2016 $1,641 $104,841 $0 $0
2015 $1,842 $75,538 $0 $0
2014 $2,021 $83,339 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • X

    Seller's Agent in 2014

    Xavier Romero

    Luxe Properties

  • A

    Buyer's Agent in 2014

    Alejandro Capo

    MMLS Assoc.-Inactive Member

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1805564

MIAMI REALTORS® MLS

APN: 30-2136-029-0680

Florida Miami/Dade County Miami 33168

570 NW 116th Terrace, Miami, FL

This home is located at 570 NW 116th Terrace, Miami, FL 33168 since 25 June 2013 and is currently estimated at $512,917, approximately $336 per square foot. This property was built in 1948. 570 NW 116th Terrace is a home located in Miami-Dade County with nearby schools including Thomas Jefferson Middle School, Hubert O. Sibley K-8 Academy, and North Miami 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.

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