NOT LISTED FOR SALE

8305 SW 118th Terrace Miami, FL 33156

Estimated Value: $1,012,000 - $1,243,000

3 Beds
2 Baths
2,070 Sq Ft
$536/Sq Ft Est. Value

About This Home

This home is located at 8305 SW 118th Terrace, Miami, FL 33156 and is currently estimated at $1,110,425, approximately $536 per square foot. 8305 SW 118th Terrace is a home located in Miami-Dade County with nearby schools including Vineland K-8 Center, Palmetto Middle School, and Miami Palmetto Senior High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2024
Sold by
Carter David Joseph and Stella Marie
Bought by
Carter Family Revocable Trust and Carter
Current Estimated Value
$1,110,425

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$385,538
Interest Rate
5.66%
Mortgage Type
New Conventional
Estimated Equity
$754,947
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
Carter Family Revocable Trust -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carter Family Revocable Trust $400,000
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 $3,501 $211,642 -- --
2024 $3,267 $205,678 -- --
2023 $3,267 $199,688 $0 $0
2022 $3,126 $193,872 $0 $0
2021 $3,093 $188,226 $0 $0
2020 $3,057 $185,628 $0 $0
2019 $2,990 $181,455 $0 $0
2018 $2,843 $178,072 $0 $0
2017 $2,817 $174,410 $0 $0
2016 $2,784 $170,823 $0 $0
2015 $2,814 $169,636 $0 $0
2014 $2,845 $168,290 $0 $0
Source: Public Records

Map

Florida Miami/Dade County Miami 33156

8305 SW 118th Terrace, Miami, FL

This home is located at 8305 SW 118th Terrace, Miami, FL 33156 and is currently estimated at $1,110,425, approximately $536 per square foot. 8305 SW 118th Terrace is a home located in Miami-Dade County with nearby schools including Vineland K-8 Center, 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.

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