NOT LISTED FOR SALE

7420 SW 109th Terrace Miami, FL 33156

Estimated Value: $1,719,116 - $2,039,000

4 Beds
2 Baths
2,864 Sq Ft
$671/Sq Ft Est. Value

Last Sold October 22, 2012

Last sale price $660,000 $230 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $11,624/month

Highlights

  • In Ground Pool
  • Home fronts a canal
  • 2 Car Garage
  • Palmetto Elementary School Rated A
  • No HOA
  • North Facing Home

About This Home

As of October 2014

This home is located at 7420 SW 109th Terrace, Miami, FL 33156 since 02 April 2014 and is currently priced at $1,921,529. This property was built in 1968. 7420 SW 109th 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.

Last Agent to Rent the Property

Mirna Arteaga

First Service Realty ERA License #0628310 Listed on: 04/02/2014

First Service Realty ERA

Last Renter's Agent

Maria Pia Sague

Brown Harris Stevens License #3099823

Brown Harris Stevens

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,233

Year Built

  • Built in 1968

Lot Details

  • 0.34 Acre Lot
  • Home fronts a canal
  • North Facing Home
  • Property is zoned 21/EST 1

Parking

  • 2 Car Garage

Home Design

  • 2,864 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Canal Width is 121 Feet or More

Community Details

  • No Home Owners Association
  • Kendall Park Estates 2Nd Subdivision

Listing and Financial Details

  • Property Available on 7/7/14
  • Assessor Parcel Number 20-50-11-032-0030

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,233

Year Built

Built in 1968

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: No
  • Available Date: 2014-07-07

Listing Details

  • Property Type: Residential Lease
  • Year Built: 1968
  • Property Sub Type: Single Family Residence
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Unit Levels: 0
  • New Construction: No
  • Structure Type: Single Family-Annual, House
  • Subdivision Name: KENDALL PARK ESTATES 2ND
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: No
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 0

Interior Features

  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Furnished: Unfurnished
  • Living Area: 2864

Exterior Features

  • Direction Faces: North
  • Pool Features: In Ground, Screen Enclosure
  • Pool Private: No
  • View: No
  • Waterfront Features: Canal Front, Canal Width 121 Feet Or More
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: KENDALL PARK ESTATES 2ND
  • Covered Parking Spaces: 2
  • Garage Spaces: 2

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 20-50-11-032-0030
  • Land Lease Amount Frequency: Annually
  • Lot Size Sq Ft: 15001
  • Zoning: 21/EST 1
  • ResoLotSizeUnits: SquareFeet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 24, 2020
Sold by
Kassem Hisham
Bought by
Kassem Ibrahim A
Current Estimated Value
$1,921,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Outstanding Balance
$335,437
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$1,554,858

Purchase Details

Listed on
Oct 30, 2012
Closed on
Oct 22, 2012
Sold by
Hedges Dale J and Hedges Anna M
Bought by
Kassem Ibrahim A and Kassem Hisham A
Seller's Agent
Mirna Arteaga
First Service Realty ERA
Buyer's Agent
Robert Shelley
Shelley Real Estate Inc
Sold Price
$4,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.56%
Original Mortgage
$528,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2007
Sold by
Brauning Francisco and Arcos Cristina
Bought by
Hedges Dale J and Hedges Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$403,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2004
Sold by
Tascher Dominique P and Tascher Marie A Caignault
Bought by
Brauning Francisco and Arcos Cristina

Purchase Details

Closed on
Jul 17, 1997
Sold by
James and Zaharako Dorothy B
Bought by
Tascher Dominique P and Caignault Marie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,700
Interest Rate
7.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 8, 1994
Sold by
Gould James W and Gould Pearl N
Bought by
Zaharako James and Zaharako Dorothy B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
8.51%
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
Kassem Ibrahim A -- Attorney
Kassem Ibrahim A $660,000 Attorney
Hedges Dale J $810,000 Attorney
Brauning Francisco -- --
Tascher Dominique P $350,900 --
Zaharako James $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kassem Ibrahim A $475,000
Closed Kassem Ibrahim A $528,000
Previous Owner Hedges Dale J $403,000
Previous Owner Tascher Dominique P $280,700
Previous Owner Zaharako James $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2014 10/15/14 Rented $5,400 -98.9% --
09/15/2014 09/15/14 Under Contract -- -- --
04/02/2014 04/02/14 For Rent $480,000 +10809.1% --
10/29/2012 10/29/12 Rented $4,400 -2.2% --
10/29/2012 10/29/12 For Rent $4,500 0.0% --
10/22/2012 10/22/12 Sold $660,000 0.0% $227 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
09/28/2012 09/28/12 For Sale $660,000 -- $227 / 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 $13,233 $765,111 -- --
2024 $12,597 $743,549 -- --
2023 $12,597 $721,893 $0 $0
2022 $12,180 $700,867 $0 $0
2021 $12,149 $680,454 $0 $0
2020 $12,013 $671,060 $450,030 $221,030
2019 $12,102 $672,648 $450,030 $222,618
2018 $13,077 $704,411 $480,032 $224,379
2017 $13,092 $706,172 $0 $0
2016 $12,679 $644,912 $0 $0
2015 $11,443 $586,284 $0 $0
2014 $10,579 $532,986 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2014

    Mirna Arteaga

    First Service Realty ERA

    (305) 448-6125

    1 in this area

    3 Total Sales

    Section Image
  • Maria Pia Sague

    Tenant's Agent in 2014

    Maria Pia Sague

    Brown Harris Stevens

    (305) 491-4780

    16 Total Sales

    Section Image

  • J

    Seller's Agent in 2012

    Jamie Jessic Ginsberg

    MMLS Assoc.-Inactive Member

    Section Image
  • Robert Shelley

    Buyer's Agent in 2012

    Robert Shelley

    Shelley Real Estate Inc

    (305) 301-2959

    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A1930234

MIAMI REALTORS® MLS

APN: 20-5011-032-0030

Florida Miami/Dade County Miami 33156

7420 SW 109th Terrace, Miami, FL

This home is located at 7420 SW 109th Terrace, Miami, FL 33156 since 02 April 2014 and is currently priced at $1,921,529. This property was built in 1968. 7420 SW 109th 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.

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.

Nearby Homes