NOT LISTED FOR SALE

881 NW 116th Terrace Miami, FL 33168

Pinewood Park Neighborhood

Estimated Value: $378,000 - $448,000

3 Beds
1 Bath
1,126 Sq Ft
$370/Sq Ft Est. Value

Last Sold October 18, 2013

Last sale price $75,000 $67 Per Sq Ft

Est. 455% increase in value since last sale

Current estimated payment $2,555/month

37 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Fenced
  • 1-Story Property
  • Family Room
  • 3-minute walk to Gratigny Plateau Park

About This Home

As of October 2013

SHORT SALE UNAPPROVED. 3 BEDROOM, 1 BATHROOM HOME. HANDYMAN SPECIAL IN MIAMI NEAR 95. GREAT POTENCIAL FOR FIRST TIME BUYER OR INVESTOR.

Last Agent to Sell the Property

Miguel Basalo

InvesTeam Realty License #3013889 Listed on: 03/11/2013

InvesTeam Realty

Last Buyer's Agent

Miguel Basalo

InvesTeam Realty License #3013889 Listed on: 03/11/2013

InvesTeam Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $763

Year Built

  • Built in 1954

Lot Details

  • 5,250 Sq Ft Lot
  • Lot Dimensions are 50x105
  • Northwest Facing Home
  • Fenced
  • Property is zoned 1 /S FM

Home Design

  • Shingle Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,126 Sq Ft Home
  • 1-Story Property
  • Family Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Gratigny Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 30-21-35-013-0610

Home Details

Home Type

Single Family

Est. Annual Taxes

$763

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential
  • Year Built: 1954
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, One Story
  • Directions: WEST OF 95 ON NW 119 ST (GRATIGNY RD.), SOUTH ON NW 8 AVE, WEST ON NW 116 ST, HOUSE ON RIGHT.
  • Garage Yn: No
  • Horses: No
  • Lot Size: 50x105
  • New Construction: No
  • Structure Type: R30-No Pool/No Water, House
  • Subdivision Name: GRATIGNY PARK
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: 4108

Interior Features

  • Appliances: Refrigerator
  • Interior Amenities: First Floor Entry, Family Room
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1126
  • Possible Use: Investment
  • Bedroom Features: At Least 1 Bedroom Ground Level
  • Living Room Features: Family Room

Exterior Features

  • Roof: Shingle
  • View: None
  • Construction Type: CBS Construction
  • Direction Faces: Northwest
  • Fencing: Fenced
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: GRATIGNY PARK
  • Parking Features: Other

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: None

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 30-21-35-013-0610
  • Lot Size Sq Ft: 5250
  • Zoning: 1 /S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 763

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2013
Closed on
Dec 17, 2013
Sold by
Buglevski Roman and Buglevski Elena
Bought by
Properties In Miami Investment Llc
Seller's Agent
Miguel Basalo
InvesTeam Realty
Buyer's Agent
Miguel Basalo
InvesTeam Realty
List Price
$87,000
Sold Price
$75,000
Premium/Discount to List
-$12,000
-13.79%
Current Estimated Value
$416,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,244
Avg. Annual Appreciation
15.96%
Original Mortgage
$75,000
Interest Rate
4.33%
Mortgage Type
Unknown

Purchase Details

Listed on
Mar 11, 2013
Closed on
Oct 28, 2013
Sold by
Jean Louis Wesbold and Jean Lois Marie D
Bought by
Buglevski Roman
Seller's Agent
Miguel Basalo
InvesTeam Realty
Buyer's Agent
Miguel Basalo
InvesTeam Realty
List Price
$87,000
Sold Price
$75,000
Premium/Discount to List
-$12,000
-13.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
4.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 19, 2006
Sold by
Stephen Teresa
Bought by
Jean Louis Wesbold and Jean Louis Marie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
7.3%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 2, 2004
Sold by
Chacon Alfredo and Assef Alfredo
Bought by
Stephen Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
8.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 28, 2003
Sold by
Contreras Nancy
Bought by
Chacon Alfredo and Assef Alfredo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.72%
Mortgage Type
Balloon
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
Properties In Miami Investment Llc -- None Available
Buglevski Roman $75,000 Cosmopolitantitle Svcs Inc
Jean Louis Wesbold $200,000 Clear Title Expert Corp
Stephen Teresa $135,000 Trinity Title & Escrow Compa
Chacon Alfredo $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Properties In Miami Investment Llc $80,000
Previous Owner Properties In Miami Investment Llc $75,000
Previous Owner Jean Louis Wesbold $213,829
Previous Owner Jean Louis Wesbold $160,000
Previous Owner Stephen Teresa $149,300
Previous Owner Stephen Teresa $135,000
Previous Owner Chacon Alfredo $85,000
Previous Owner Contreras Nancy $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2013 10/18/13 Sold $75,000 -5.1% $67 / Sq Ft
04/18/2013 04/18/13 Pending -- -- --
04/06/2013 04/06/13 Price Changed $79,000 -9.2% $70 / Sq Ft
03/11/2013 03/11/13 For Sale $87,000 -- $77 / 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 $4,279 $183,101 -- --
2024 $3,732 $166,456 -- --
2023 $3,732 $151,324 $0 $0
2022 $3,323 $137,568 $0 $0
2021 $2,910 $125,062 $0 $0
2020 $2,709 $140,515 $64,900 $75,615
2019 $2,515 $127,755 $61,810 $65,945
2018 $2,239 $112,724 $44,592 $68,132
2017 $2,017 $85,420 $0 $0
2016 $1,854 $77,655 $0 $0
2015 $1,772 $71,614 $0 $0
2014 -- $65,104 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Miguel Basalo

    Seller's Agent in 2013

    Miguel Basalo

    InvesTeam Realty

    (305) 331-2015

    1 Total Sale

    Miguel Basalo
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1758951

MIAMI REALTORS® MLS

APN: 30-2135-013-0610

Florida Miami/Dade County Miami 33168 Pinewood Park

881 NW 116th Terrace, Miami, FL

This home is located at 881 NW 116th Terrace, Miami, FL 33168 since 11 March 2013 and is currently estimated at $416,244, approximately $369 per square foot. This property was built in 1954. 881 NW 116th Terrace is a home located in Miami-Dade County with nearby schools including Lakeview Elementary School, North Dade Middle School, and Miami Central 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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