NOT LISTED FOR SALE

7045 SW 16th Terrace Miami, FL 33155

Coral Terrace Neighborhood

Estimated Value: $728,000 - $741,873

4 Beds
3 Baths
1,704 Sq Ft
$431/Sq Ft Est. Value

Last Sold July 20, 2017

Last sale price $365,000 $214 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $4,677/month

121 Days on Market

Highlights

  • In Ground Pool
  • No HOA
  • Circular Driveway
  • Maid or Guest Quarters
  • Den
  • Storage Room

About This Home

As of July 2017

Location, location, location. Great income producing property. Close to the Palmetto Expressway and Miami Children's Hospital. Remodeled 4 bedroom, 3 bathrooms with in-law quarters, pool and a large detached storage. Endless possibilities. Larger than tax roll. Square footage as per owner. Property is larger than tax roll. Please see attached floor plan.

Last Agent to Sell the Property

Dennis Bernal

Lifestyle International Realty License #3360100 Listed on: 02/20/2017

Lifestyle International Realty

Last Buyer's Agent

Dennis Bernal

Lifestyle International Realty License #3360100 Listed on: 02/20/2017

Lifestyle International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,926

Year Built

  • Built in 1956

Lot Details

  • 7,500 Sq Ft Lot
  • South Facing Home
  • Property is zoned 5100

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,704 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Den
  • Storage Room
  • Ceramic Tile Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Maid or Guest Quarters
  • 3 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer

Parking

  • Circular Driveway
  • Open Parking

Additional Features

  • In Ground Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Harwood Village 2 Addn Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-40-11-024-0370

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,926

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: Pool Only, House
  • Subdivision Name: HARWOOD VILLAGE 2 ADDN
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer
  • Interior Amenities: First Floor Entry, Den/Library/Office, Family Room, Maid/In-Law Quarters, Storage, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1704
  • Possible Use: Primary
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Den/Library/Office, Family Room, Maid/In-Law Quarters, Storage Room, Utility Room/Laundry

Exterior Features

  • Roof: Shingle
  • View: None
  • Exterior Features: None
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: In Ground
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-40-11-024-0370
  • Lot Size Sq Ft: 7500
  • Zoning: 5100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 1926

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2017
Closed on
Jul 20, 2017
Sold by
Rodriguez Nevys
Bought by
Ginzo Alberto Alvarez and Bernal Aida
Seller's Agent
Dennis Bernal
Lifestyle International Realty
Buyer's Agent
Dennis Bernal
Lifestyle International Realty
List Price
$399,900
Sold Price
$365,000
Premium/Discount to List
-$34,900
-8.73%
Current Estimated Value
$756,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,393
Avg. Annual Appreciation
9.46%
Original Mortgage
$328,500
Outstanding Balance
$274,247
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$482,475

Purchase Details

Closed on
Jan 8, 2008
Sold by
Jupin Amy Jean
Bought by
Rodriguez Nevys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
6.05%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 21, 2006
Sold by
Jupin Bertie Lou
Bought by
Jupin Bertie Lou and Jupin Amy Jean
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ginzo Alberto Alvarez $365,000 Titles Unlimited Inc
Rodriguez Nevys $245,000 Florida First Fidelity Title
Jupin Bertie Lou -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ginzo Alberto Alvarez $328,500
Previous Owner Rodriguez Nevys $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2017 07/20/17 Sold $365,000 -8.7% $214 / Sq Ft
06/21/2017 06/21/17 Pending -- -- --
06/09/2017 06/09/17 For Sale $399,900 0.0% $235 / Sq Ft
05/11/2017 05/11/17 Pending -- -- --
04/21/2017 04/21/17 Price Changed $399,900 -4.8% $235 / Sq Ft
02/19/2017 02/19/17 For Sale $419,900 -- $246 / 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 $6,416 $386,793 -- --
2024 $6,130 $375,893 -- --
2023 $6,130 $364,945 $0 $0
2022 $5,905 $354,316 $0 $0
2021 $5,872 $343,997 $0 $0
2020 $5,806 $339,248 $0 $0
2019 $5,681 $331,621 $0 $0
2018 $5,061 $304,678 $125,625 $179,053
2017 $1,960 $123,578 $0 $0
2016 $1,926 $121,037 $0 $0
2015 $1,938 $120,196 $0 $0
2014 $1,962 $119,243 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Dennis Bernal

    Seller's Agent in 2017

    Dennis Bernal

    Lifestyle International Realty

    (786) 970-6797

    3 in this area

    40 Total Sales

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10227986

MIAMI REALTORS® MLS

APN: 30-4011-024-0370

Florida Miami/Dade County Miami 33155 Coral Terrace

7045 SW 16th Terrace, Miami, FL

This home is located at 7045 SW 16th Terrace, Miami, FL 33155 since 20 February 2017 and is currently estimated at $734,468, approximately $431 per square foot. This property was built in 1956. 7045 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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