NOT LISTED FOR SALE

948 N Krome Ave Homestead, FL 33030

Downtown Homestead Neighborhood

Estimated Value: $1,892,124

-- Bed
-- Bath
4,202 Sq Ft
$450/Sq Ft Est. Value

About This Home

This home is located at 948 N Krome Ave, Homestead, FL 33030 and is currently estimated at $1,892,124, approximately $450 per square foot. 948 N Krome Ave is a home located in Miami-Dade County with nearby schools including West Homestead K-8 Center, Homestead Middle School, and Arthur And Polly Mays Conservatory Of The Arts.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2023
Sold by
948 Krome Llc
Bought by
948 Medical Llc
Current Estimated Value
$1,892,124

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,222,500
Outstanding Balance
$1,192,902
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$699,222

Purchase Details

Closed on
Nov 8, 2019
Sold by
Lofton Robert L and Lofton Nancy
Bought by
948 Krome Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$798,252
Interest Rate
3.5%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 22, 2016
Sold by
Lofton Robert L
Bought by
Lofton Robert L and Lofton Nancy
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
948 Medical Llc $1,630,000 None Listed On Document
948 Krome Llc $399,200 Attorney
948 Krome Llc $399,200 Attorney
Lofton Robert L -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 948 Medical Llc $1,222,500
Previous Owner 948 Krome Llc $798,252
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 $20,833 $1,091,467 -- --
2024 $13,596 $992,243 $701,250 $290,993
2023 $13,596 $551,441 $0 $0
2022 $11,986 $501,310 $0 $0
2021 $10,033 $455,737 $210,375 $245,362
2020 $9,492 $429,508 $182,325 $247,183
2019 $8,138 $366,950 $128,700 $238,250
2018 $7,727 $354,670 $114,675 $239,995
2017 $7,554 $342,391 $0 $0
2016 $7,424 $330,271 $0 $0
2015 $7,078 $309,838 $0 $0
2014 $7,190 $303,938 $0 $0
Source: Public Records

Map

Florida Miami/Dade County Homestead 33030 Downtown Homestead

948 N Krome Ave, Homestead, FL

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