NOT LISTED FOR SALE

7000 SW 16th Terrace Miami, FL 33155

Coral Terrace Neighborhood

Estimated Value: $696,098 - $750,000

4 Beds
2 Baths
1,739 Sq Ft
$419/Sq Ft Est. Value

Last Sold September 22, 2021

Last sale price $515,000 $296 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $4,518/month

23 Days on Market

Highlights

  • Room in yard for a pool
  • No HOA
  • Patio
  • Corner Lot
  • Views
  • Tile Flooring

About This Home

As of September 2021

Remodeled beautiful corner lot house with room to build you dream pool .Featuring 4 bedrooms and 2 bathrooms , including a new roof, kitchen, AC and water heater. Property is located very close distance to Expressways exits, Main Avenues, Shopping Centers , and others facilities. (First Time Buyers, complete the seller's Ready Buyer home ownership course on seller's website. Attach certificate to offer and request up to 3% closing cost assistance. Check seller's website for more details or ask me,)

Last Agent to Sell the Property

Rafael Descarga

Miami Trust Realty Inc License #3229525 Listed on: 07/14/2021

Last Buyer's Agent

Milena Mitraud

Sanmo Realty, Inc License #3376076

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,674

Year Built

  • Built in 1956

Lot Details

  • 7,500 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Corner Lot
  • Property is zoned 5100

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,739 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Property Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Open Parking

Outdoor Features

  • Room in yard for a pool
  • Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Harwood Village 2 Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-11-024-0420

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,674

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1956
  • 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: HARWOOD VILLAGE 2 ADDN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4116

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Microwave, Electric Range
  • Interior Amenities: First Floor Entry, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Flooring: Other, Tile
  • Furnished: Unfurnished
  • Living Area: 1739
  • Possible Use: Primary
  • Bedroom Features: Entry Level
  • Living Room Features: Other

Exterior Features

  • Roof: Shingle
  • View: Other
  • Exterior Features: Room For Pool
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot, Corner Lot
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: HARWOOD VILLAGE 2 ADDN
  • Open Parking: Yes
  • Parking Features: Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-40-11-024-0420
  • Lot Size Sq Ft: 7500
  • Zoning: 5100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5674

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2021
Closed on
Sep 21, 2021
Sold by
Fannie Mae
Bought by
Paz Juan Alberto and Rodriguez Priscilla Sofia
Seller's Agent
Rafael Descarga
Miami Trust Realty Inc
Buyer's Agent
Milena Mitraud
Sanmo Realty, Inc
List Price
$530,000
Sold Price
$515,000
Premium/Discount to List
-$15,000
-2.83%
Current Estimated Value
$720,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$205,086
Avg. Annual Appreciation
9.47%
Original Mortgage
$412,000
Outstanding Balance
$377,332
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$354,341

Purchase Details

Closed on
Feb 14, 2019
Sold by
Aday Jose F
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Aug 28, 2000
Sold by
Rico Raymond and Rico Robert
Bought by
Aday Loredana and Aday Jose F

Purchase Details

Closed on
May 26, 1998
Sold by
Rico Albert and Rico Pr
Bought by
Rico Albert and Rico Raymond
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
Paz Juan Alberto $515,000 Buyers Title Inc
Federal National Mortgage Association $281,700 None Available
Aday Loredana $147,000 --
Rico Albert $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paz Juan Alberto $412,000
Previous Owner Aday Loredana $265,000
Previous Owner Aday Jose F $198,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2021 09/22/21 Sold $515,000 -2.8% $296 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $530,000 -- $305 / 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 $6,902 $415,510 -- --
2024 $6,611 $403,800 -- --
2023 $6,611 $392,039 $0 $0
2022 $6,372 $380,621 $225,000 $155,621
2021 $5,889 $304,045 $185,625 $118,420
2020 $5,674 $290,974 $172,500 $118,474
2019 $2,793 $167,764 $0 $0
2018 $2,672 $165,515 $0 $0
2017 $2,648 $162,111 $0 $0
2016 $2,616 $158,777 $0 $0
2015 $2,634 $157,674 $0 $0
2014 $2,669 $156,423 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rafael Descarga

    Seller's Agent in 2021

    Rafael Descarga

    Miami Trust Realty Inc

    (305) 321-0072

    2 in this area

    58 Total Sales

    Section Image

  • M

    Buyer's Agent in 2021

    Milena Mitraud

    Sanmo Realty, Inc

    (305) 967-6337

    1 in this area

    2 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11070722

MIAMI REALTORS® MLS

APN: 30-4011-024-0420

Florida Miami/Dade County Miami 33155 Coral Terrace

7000 SW 16th Terrace, Miami, FL

This home is located at 7000 SW 16th Terrace, Miami, FL 33155 since 14 July 2021 and is currently estimated at $728,775, approximately $419 per square foot. This property was built in 1956. 7000 SW 16th Terrace is a home located in Miami-Dade County with nearby schools including Coral Terrace Elementary School, West Miami Middle School, and South 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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