NOT LISTED FOR SALE

7240 SW 108th Terrace Miami, FL 33156

Estimated Value: $1,749,242 - $2,013,000

4 Beds
4 Baths
2,681 Sq Ft
$703/Sq Ft Est. Value

About This Home

This home is located at 7240 SW 108th Terrace, Miami, FL 33156 and is currently estimated at $1,884,311, approximately $702 per square foot. 7240 SW 108th Terrace is a home located in Miami-Dade County with nearby schools including Palmetto Elementary School, Palmetto Middle School, and Miami Palmetto Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 8, 1999
Sold by
Nixon Fay E Peter J
Bought by
North Patrick B and North Lisa G
Current Estimated Value
$1,884,311

Purchase Details

Closed on
Dec 24, 1998
Sold by
Traynor Traynor W and Traynor Christine R
Bought by
Nixon Fay E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 1993
Sold by
Forman Gerald and Forman Phyllis
Bought by
Traynor W Byron and Traynor Christine R
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.

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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.

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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.

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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.

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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
North Patrick B $326,000 --
Nixon Fay E $300,000 --
Traynor W Byron $212,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open North Patrick B $244,000
Open North Patrick B $630,000
Closed North Patrick B $90,000
Closed North Patrick B $550,000
Closed Nixon Fay E $180,000
Closed Nixon Fay E $300,700
Closed Nixon Fay E $50,000
Previous Owner Nixon Fay E $240,000
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 $12,056 $486,467 -- --
2024 $11,574 $472,758 -- --
2023 $11,574 $458,989 $0 $0
2022 $11,283 $445,621 $0 $0
2021 $11,248 $432,642 $0 $0
2020 $11,161 $426,669 $0 $0
2019 $11,022 $417,077 $0 $0
2018 $10,691 $409,301 $0 $0
2017 $6,913 $400,883 $0 $0
2016 $6,880 $392,638 $0 $0
2015 $6,962 $389,909 $0 $0
2014 $7,047 $386,815 $0 $0
Source: Public Records

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