NOT LISTED FOR SALE

2395 SW 16th Terrace Miami, FL 33145

Coral Way Neighborhood

Estimated Value: $1,081,000 - $1,496,317

5 Beds
3 Baths
2,893 Sq Ft
$419/Sq Ft Est. Value

Sale Details

Date Sold: February 13, 2023

Last sale price $925,000 $320 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $8,763 / mo

57 Days on Market

Highlights

  • In Ground Pool
  • Ceramic Tile Flooring
  • Ceiling Fan
  • No HOA
  • Central Heating and Cooling System

About This Home

As of February 2023

Great corner multi family residence in a great area. The house is great located closed to Coral Gables and vicinity of Shenandoah and Gables Gate area within minutes of US-1, 836, Coral Way , and sw 8st. The main house has 4 bedrooms , 2 baths , a living room, a family room with formal dinning room, ceramic & wood floor, new cabinets , stone counter. The main houses has a big pool on the patio ,with 3 different depth. All windows of the house are protected with accordion shutters . The property is all fenced with iron fences.
The house has a dwelling Unit ("a mother in law apartment"),that could be use as an extra income. A full apartment w 3/2, kitchen, and living.
The house A/c that has been replaced just 5 yrs ago, and the pool has a new motor . The roof is all tile roof

Last Agent to Sell the Property

Jorge Alvarez

J & R Home Realty, LLC. License #3359167 Listed on: 12/17/2022

Co-Listed By

Reinaldo Echevarria

J & R Home Realty, LLC. License #3365593

Last Buyer's Agent

Giancarlo Jimeno

Power Source Real Estate, Inc. License #0695460

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,804

Year Built

  • Built in 1947

Lot Details

  • 8,712

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Tile Roof

Interior Spaces

  • 2,893 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring

Pool

  • In Ground Pool
  • Pool Equipment Stays

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Vedado Condos
  • Vedado Subdivision

Listing and Financial Details

  • Assessor Parcel Number 01-41-10-027-0300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,804

Year Built

Built in 1947

Lot Details

8,712 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1947
  • Property Sub Type: Duplex
  • Architectural Style: Attached
  • Co List Office Mls Id: JRHR01
  • Co List Office Phone: 305-306-0904
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: VEDADO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Ceramic Floor
  • Living Area: 2893
  • Possible Use: Primary
  • Stories: 2

Exterior Features

  • Roof: Curved/S-Tile Roof
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Features: In Ground, Equipment Stays
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: VEDADO
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-10-027-0300
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: None

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 5804

Multi Family

  • Number Of Units In Community: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2022
Closed on
Feb 13, 2023
Sold by
Bought by
Seller's Agent
Jorge Alvarez
J & R Home Realty, LLC.
Buyer's Agent
Giancarlo Jimeno
Power Source Real Estate, Inc.
List Price
$900,000
Sold Price
$925,000
Premium/Discount to List
$25,000
2.78%
Views
21
Current Estimated Value
$1,211,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,329
Avg. Annual Appreciation
8.52%
Original Mortgage
$740,000
Outstanding Balance
$710,055
Interest Rate
6.15%
Mortgage Type
New Conventional
Estimated Equity
$501,274
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$925,000 Complete Choice Title
$925,000 Complete Choice Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $740,000
Closed $740,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/13/2023 02/13/23 Sold $925,000 +2.8% $320 / Sq Ft
12/17/2022 12/17/22 For Sale $900,000 -- $311 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $26,721 $767,364 -- --
2024 $6,284 $687,534 -- --
2023 $6,284 $327,002 $0 $0
2022 $5,804 $306,787 $0 $0
2021 $5,472 $288,132 $0 $0
2020 $5,172 $294,467 $0 $0
2019 $4,863 $279,582 $0 $0
2018 $4,553 $277,061 $0 $0
2017 $4,385 $232,146 $0 $0
2016 $4,264 $220,501 $0 $0
2015 $4,006 $211,513 $0 $0
2014 $3,812 $203,137 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jorge Alvarez

    Seller's Agent in 2023

    Jorge Alvarez

    J & R Home Realty, LLC.

    (786) 427-0949

    2 in this area

    36 Total Sales

    Jorge Alvarez
    Section Image
  • Reinaldo Echevarria

    Seller Co-Listing Agent in 2023

    Reinaldo Echevarria

    J & R Home Realty, LLC.

    (786) 236-9434

    1 in this area

    46 Total Sales

    Reinaldo Echevarria
    Section Image
  • Giancarlo Jimeno

    Buyer's Agent in 2023

    Giancarlo Jimeno

    Power Source Real Estate, Inc.

    (786) 488-6006

    1 in this area

    46 Total Sales

    Giancarlo Jimeno
    Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11316942

MIAMI REALTORS® MLS

APN: 01-4110-027-0300

Florida Miami/Dade County Miami 33145 Coral Way

2395 SW 16th Terrace, Miami, FL

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
Your Personal Tour Guide

Ask me questions while you tour the home.